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WHEREAS, the Redevelopment Commission has concluded an <br /> investigation and prepared a report with information sufficient <br /> for the Common Council to determine that the area qualifies as an <br /> Economic Revitalization Area under Indiana Code 6-1. 1-12. 1-1, et <br /> seq. , and has further prepared maps and plats showing the <br /> boundaries and such other information as required by law of the <br /> area in question; and <br /> WHEREAS, the Human Resources and Economic Development <br /> Committee of the Common Council has reviewed said report and <br /> recommended to the Common Council that the area qualifies as an <br /> Economic Revitalization Area. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the <br /> City of South Bend, Indiana as follows: <br /> SECTION I . That the Common Council hereby accepts the <br /> report and recommendation of the Human Resources and Economic <br /> Development Committee that the area herein described be <br /> designated an Economic Revitalization Area and hereby adopts a <br /> resolution designating this area as an Economic Revitalization <br /> Area for purposes of real property tax abatement. <br /> SECTION II_ That this designation shall be limited to <br /> ( 5 ) five calendar years from the date of the adoption of this <br /> Resolution by the Common Council. <br /> SECTION III. That the Common Council directs the City <br /> Clerk to cause notice of the adoption of this resolution to be <br /> published, said publication providing notice of the public <br /> hearing before the Common Council on said declaration. <br /> SECTION IV. This Resolution shall be in full force and <br /> effect from and after its adoption by the Common Council and <br /> approval by the Mayor. <br /> ff <br /> A' ! - I . 1 <br /> Mem.er of tf •mmon Council <br /> ti6Y P� Ki j: . i <br /> JUL 1 ? 1985 <br /> aR NF,C O <br /> aERK, SO. <br /> NOT APPROVED <br /> ADOPTED "7-Qa- 3S' <br />