Laserfiche WebLink
REGULAR MEETING <br />MAY 12, 2014 <br />SECTION IV. The Common Council hereby accepts the report and recommendation of the <br />Community Investment Committee that the area herein described be designated as an Economic <br />Revitalization Area and hereby adopts a Resolution designating this area as an Economic <br />Revitalization Area for purposes of real property tax abatement. <br />SECTION V, The designation as an Economic Revitalization Area shall be limited to two (2) <br />calendar years from the date of the adoption of this Resolution by the Common Council, <br />SECTION VI. The Common Council hereby determines that the property owner is qualified for <br />and is granted property tax deduction for a period of eight (S) years as shown by the attachment <br />pursuant to Indiana Code 6- 1.1- 12.1 -17. <br />SECTION Vll. The Common Council directs the City Clerk to cause notice of the adoption of <br />this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana <br />Code § 5 -3 -1 and Indiana Code § 6-L 1-12.1-2.5, said publication providing notice of the public <br />hearing before the Common Council on the proposed confirming of said declaration. <br />SECTION VIII. This Resolution shall be <br />the Common Council and approval by the; <br />PRE Mto SY lL-ly <br />F141 APP91G. r-1 <br />,ieOPrfv ,r -a 1I <br />and effect from and after its adoption by <br />Common Council <br />Filed in Cie!Vs Office <br />APR 2,8 2014 <br />JOHN VOORDE <br />CITY CLERK SOUIM SEND, IN <br />35 <br />