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NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for the <br />purposes of tax abatement. Such designation is fox Real property tax abatement only and <br />is limited to two (2) calendar years from the date of adoption of the Declaratory <br />Resolution by the Common Council. <br />SECTION II. The. Common Council hereby determines that the property owner is <br />qualified for and is granted Real property tax deduction for a period of three (3) years, <br />and further determines that the petition, the Memorandum of Agreement between the <br />Petitioner and the City of South Bend, and the Statement of Benefits comply with <br />Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code <br />6-1.1-12 et seq. <br />SECTION III. This Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approved by the Mayor. <br />Member of the Common Coun~il <br />~~ R <br />tics ~•~ ~:,,4 •F si ~Ei~ <br />;r~.r.M:'y~i~~ i:Jti ~i~.~:;~ ~ <br />~SSSw~ ~`%:: t,,.u4 <br />F~RESENTED ~ ' LSO !~ <br />NQT APPiZO~fE~s <br />F'tt~d ~tl CIE~I{'~ ®~iiG~ <br />DEC 2 9 2oas <br />CITY CLEPIC, <br />ADOPTEi3 <br />