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2 <br /> personal property to be located at such location is entitled to a deduction from <br /> the assessed value of the equipment for a period of five (5) years. <br /> SECTION II. The Common Council hereby adopts a resolution designating this <br /> area as an Urban Development Area for purposes of personal property tax <br /> abatement. <br /> SECTION III. The Common Council directs the City Clerk, upon the receipt of <br /> the report of the Area Plan Commission to cause notice of the adoption of this <br /> Resolution to be published. Said publication shall provide notice of the public <br /> hearing before the Common Council of said declaration. <br /> SECTION IV. This Resolution shall be in full force and effect from and <br /> after its adoption by the Common Council and approval by the Mayor. <br /> M=.. r-r of Common Coun it <br /> I <br /> FILED DI CLERK'S OFFICE <br /> AUG 26 1E81 <br /> Irene Gammon <br /> CITY CLERK,SOUTH BEND,IND. <br /> PRESENTED 8 - $o - 8 01 <br /> NOT APPROVED js 8/25/82 <br /> MORES $ - 3 0 - 8 4 <br />