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• <br /> SECTION I . THat the Common Council hereby confirms its <br /> Declaratory Resolution designating the area described herein as an <br /> Economic Revitalization Area for the purposes of tax abatement. Such <br /> designation is for Real property tax abatement only and is limited to <br /> five (5) calendar years from the date of adoption of the Declaratory <br /> Resolution by the Common Council. <br /> SECTION II . This Resolution shall be in full force and <br /> effect from and after its adoption by the Common Council and approval <br /> by the Mayor. <br /> M ber of the Comm Council <br /> FILED IN CLERIC'S OFFICE <br /> Hr., 1 < I983 <br /> Irene Gamma <br /> CITY CLERK,SOUTH BEIM INO. <br /> PRESENTED /- 9_ ,e <br /> NOT APPROVED <br /> ADOPTED / - 9 -Iv <br />