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designation is for Real property tax abatement only and is limited to two (2) calendar years from <br />the date of adoption of the Declaratory Resolution by the Common Council as shown by the <br />attachment pursuant to Indiana Code 6 -1.1- 12.1 -17. <br />SECTION V. The Common Council hereby determines that the property owner is qualified for <br />and is granted a real property tax deduction for a period of five (5) years as shown by the <br />attachment pursuant to Indiana Code 6 -1.1- 12.1 -17, and further determines that the petition <br />complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana <br />Code 6 -1.1 -12.1 et seq. <br />SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approval by the Mayor. <br />PRESENTED <br />NOT APPROVED <br />ADOPrpn <br />3 <br />i <br />Member of the Common Council <br />Filed in Clerk's Office <br />JAN 2 0 NIG <br />KAREEMAH FOWLER <br />CITY CLERK, SOUTH BEND, IN <br />