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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 for 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 (10) ten years, and <br />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 sue. <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 C uncil <br />~s>tra~;..l~ t.; ~~:e:a a;2;: i~ t~,.a~'~r ~` :'^'"~?G qq n^^ <br />t~ `7 ~' <br />1~i{; ~S+.JF E:9. ry~~ ~P .'^V'~ i ~~ sj E~,..~r...; ~ 7+~oY <br />~``Cq ~!(~ Sy /1c`~ fp.~L fS?~+~ef_~el~a'+spv`.ii..'~u3~ <br />VVLIf Y~tl: f.Lai:Jl1 ~PIY {84iU ~~T161~t~s.~ <br />~~ES~N7Eu ~ 1-~-~~ <br />~,t~r :~Pt~cvF~ <br />OCT 1 5 2G09 <br />1111 i ~~GI']R.~ JS~. 4G11 i/{ ~i`k• <br />~~~;~o <br />