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SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area <br />described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is <br />for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the <br />Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is qualified for and is <br />granted Real property tax deduction for a period of three (3) years, 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 Code 6 -1.1- <br />12 et sea. <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common <br />Council and approved by the Mayor. <br />PRESENTED <br />NOT APPROVED <br />CL�CO -L � <br />Member of the Common Council <br />Filed in Cleric's Office <br />E 3a, 2 3 1999 <br />LORETTA J. DUDA <br />CRY CLERK, BO. BEND. 3K, <br />ADOPTED I" \Z -5� ..___..__. <br />