Section 524.130  Form of Application

An application shall be submitted on the standard application form provided by the Department. An application shall include:

a)         Eligibility Criteria.  Information that the necessary eligibility criteria, as specified in Section 524.120, have been met;

b)         Characteristics of the Zone.  Information on the following physical,

economic and social characteristics of the zone:

1)         Master Plan. A specific plan that sets forth the effect of economic growth and expansion;

2)         Map of Zone. A map of the Redevelopment Zone that contains a precise description of the area comprising the zone, either in the form of a legal description or by reference to roadways, lakes and waterways, and municipal boundaries, along with geospatial data in the form of an ESRI ARCGIS Shape file;

3)         Qualification Issue. An analysis and appropriate supporting documents demonstrating that the proposed area is qualified under Section 10-4 of the Act;

4)         Duration of or Term of the River Edge Redevelopment Zone;

c)         Local Revitalization Efforts. A statement setting forth the economic

development and planning objectives of the zone;

d)         Local Incentives and Programs. A statement detailing tax, grant, and other

financial incentives or benefits, and any programs to be provided by the municipality to business River Edge Redevelopments or organizations within the zone, other than those provided in the designating ordinance, that are not to be provided throughout the municipality;

e)         Transcript of Public Hearings. A transcript of all public hearings;

f)         Management Structure of the Zone. A statement describing the functions, program, and services to be performed by the designated zone organizations

within the zone.

(Source:  Amended at 38 Ill. Reg. 3350, effective January 15, 2014)