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SECTION IV. The Common Council hereby accepts the report and recommendation of <br /> the Community and Economic Development Committee that the area herein described be <br /> designated as an Economic Revitalization Area and hereby adopts a Resolution <br /> designating this area as an Economic Revitalization Area for purposes of real property <br /> tax abatement. <br /> SECTION V. The designation as an Economic Revitalization Area shall be limited to <br /> two (2) calendar years from the date of the adoption of this Resolution by the Common <br /> Council. <br /> SECTION VI. The Common Council directs the City Clerk to cause notice of the <br /> adoption of this Declaratory Resolution for Real Property Tax Abatement to be published <br /> pursuant to Indiana Code § 5-3-1 and Indiana Code § 6-1.1-12.1-2.5, said publication <br /> providing notice of the public hearing before the Common Council on the proposed <br /> confirming of said declaration. <br /> SECTION VII. This Resolution shall be in full force and effect from and after its <br /> adoption by the Common Council and approval by the Mayor. <br /> 4 <br /> Member of the Commo `Council <br /> F�n'e9 H ,'v?X4%wVi�w'A <br /> Q d fly Cnerk's office <br /> 8 2012 <br /> PRESENTED <br /> NOT APPROVE) C' <br /> ADOPTLO <br />