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WHEREAS, the Council has determined that the quali- <br /> fications for an economic revitalization area have been met . <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council <br /> of the City of South Bend, Indiana, as follows : <br /> SECTION I . That the Common Council hereby confirms <br /> its Declaratory Resolution designating the area described here- <br /> in as an Economic Revitalization Area for the purposes of tax <br /> abatement . Such designation is for personal property tax <br /> abatement only and is limited to five (5) calendar years from <br /> the date of adoption of the Declaratory Resolution by the Com- <br /> mon Council . <br /> SECTION II . This Resolution shall be in full force <br /> and effect from and after its adoption by the Common Council <br /> and approval by the Mayor . <br /> ember of the yr on ouncil <br /> PRESENTED 9- - 8-to- <br /> NOT APPROVED <br /> ADOPTED 9„;,7 --f <br /> -2- <br />