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(20 ILCS 655/5.1)
(from Ch. 67 1/2, par. 606)
Application to Department.
(a) A county or municipality which
has adopted an ordinance designating an area as an enterprise zone shall
make written application to the Department to have such proposed enterprise
zone certified by the Department as an Enterprise Zone. The application shall include:
(i) a certified copy of the ordinance designating the
(ii) a map of the proposed enterprise zone, showing
existing streets and highways;
(iii) an analysis, and any appropriate supporting
documents and statistics, demonstrating that the proposed zone area is qualified in accordance with Section 4;
(iv) a statement detailing any tax, grant, and other
financial incentives or benefits, and any programs, to be provided by the municipality or county to business enterprises within the zone, other than those provided in the designating ordinance, which are not to be provided throughout the municipality or county;
(v) a statement setting forth the economic
development and planning objectives for the zone;
(vi) a statement describing the functions, programs,
and services to be performed by designated zone organizations within the zone;
(vii) an estimate of the economic impact of the zone,
considering all of the tax incentives, financial benefits and programs contemplated, upon the revenues of the municipality or county;
(viii) a transcript of all public hearings on the
(ix) in the case of a joint application, a statement
detailing the need for a zone covering portions of more than one municipality or county and a description of the agreement between joint applicants; and
(x) such additional information as the Department by
(b) The Department may provide for provisional certification of substantially complete applications pending the receipt of any of the items identified in subsection (a) of this Section or any additional information requested by the Department.
(Source: P.A. 102-108, eff. 1-1-22