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WHEREAS, the Council has determined that the qualifi- <br /> cations for an economic revitalization area have been met. <br /> NOW THEREFORE, BE IT RESOLVED by the Common Council of <br /> 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 <br /> herein as an Economic Revitalization Area for the purposes of <br /> tax abatement. Such designation is for real 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 . di <br /> Me : r <br /> ' e o .the Cot Council <br /> BLED IN CLERK'S OFFICE <br /> JAN 2 3 1985 <br /> PRESENTED / - IRENE GAMMON <br /> CITY CLERK, SO. SEND, ,N <br /> NOT APPROVED <br /> ADOPTED / -2,F' <br /> -2- <br />