This resolution affirms the determination of the Common Council expressed in Resolution 07-14 to designate the property located at 626 N. Morton Street as an Economic Revitalization Area, approve a Statement of Benefits, and authorize a tax abatement for a period of ten (10) years for the project proposed by the petitioner, ERL-3, LLC. The petitioner is seeking tax abatement for the construction of condominium units. The public comment on this resolution will serve as the legally advertised public hearing required by statute in order to receive public comment on the above actions.