Public Act 094-1022
 
SB1892 Enrolled LRB094 11429 RXD 42339 b

    AN ACT concerning business.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. If and only if Senate Bill 17 of the 94th
General Assembly becomes law, the River Edge Redevelopment Zone
Act is amended by changing Sections 10-2, 10-4, and 10-5.3 as
follows:
 
    (94SB17 Art. 10, Sec. 10-2)
    Sec. 10-2. Findings. The General Assembly finds and
declares that those municipalities adjacent to or surrounding
river areas often lack critical tools to safely revive and
redevelop environmentally-challenged properties that will
stimulate economic revitalization and create jobs in Illinois.
Environmentally-challenged properties adjacent to or
surrounding Illinois rivers are a threat to the health, safety,
and welfare of the people of this State. Many of these
environmentally-challenged properties adjacent to or
surrounding rivers were former industrial areas that now,
subject to appropriate environmental clean-up and remediation,
would be ideal for office, residential, retail, hospitality,
commercial, recreational, warehouse and distribution, and
other economically productive uses. The cost of the cleaning
and remediation of these environmentally-challenged properties
is often the primary obstacle to returning these properties to
a safe and economically productive use.
    Cooperative and continuous partnership among the State,
through the Department of Commerce and Economic Opportunity and
the Environmental Protection Agency, municipalities adjacent
to or surrounding rivers, and the private sector is necessary
to appropriately encourage the cost-effective cleaning and
remediation of these environmentally-challenged properties in
order to bring about a safe and economically productive use of
the properties.
     Therefore, it is declared to be the purpose of this Act to
identify and initiate 3 2 pilot River Edge Redevelopment Zones
to stimulate the safe and cost-effective re-use of
environmentally-challenged properties adjacent to or
surrounding rivers by means of tax incentives or grants.
(Source: 94SB17ham003.)
 
    (94SB17 Art. 10, Sec. 10-4)
    Sec. 10-4. Qualifications for River Edge Redevelopment
Zones. An area is qualified to become a zone if it:
        (1) is a contiguous area adjacent to or surrounding a
    river;
        (2) comprises a minimum of one half square mile and not
    more than 12 square miles, exclusive of lakes and
    waterways;
        (3) satisfies any additional criteria established by
    the Department consistent with the purposes of this Act;
        (4) is entirely within a single home rule municipality;
    and
        (5) has at least 100 acres of environmentally
    challenged land within 1500 yards of the riverfront.
(Source: 94SB17ham003.)
 
    (94SB17 Art. 10, Sec. 10-5.3)
    Sec. 10-5.3. Certification of River Edge Redevelopment
Zones.
    (a) Approval of designated River Edge Redevelopment Zones
shall be made by the Department by certification of the
designating ordinance. The Department shall promptly issue a
certificate for each zone upon its approval. The certificate
shall be signed by the Director of the Department, shall make
specific reference to the designating ordinance, which shall be
attached thereto, and shall be filed in the office of the
Secretary of State. A certified copy of the River Edge
Redevelopment Zone Certificate, or a duplicate original
thereof, shall be recorded in the office of the recorder of
deeds of the county in which the River Edge Redevelopment Zone
lies.
    (b) A River Edge Redevelopment Zone shall be effective upon
its certification. The Department shall transmit a copy of the
certification to the Department of Revenue, and to the
designating municipality. Upon certification of a River Edge
Redevelopment Zone, the terms and provisions of the designating
ordinance shall be in effect, and may not be amended or
repealed except in accordance with Section 10-5.4.
    (c) A River Edge Redevelopment Zone shall be in effect for
the period stated in the certificate, which shall in no event
exceed 30 calendar years. Zones shall terminate at midnight of
December 31 of the final calendar year of the certified term,
except as provided in Section 10-5.4.
    (d) In calendar years 2006 and 2007, the Department may
certify one pilot River Edge Redevelopment Zone in the City of
East St. Louis, one pilot River Edge Redevelopment Zone in the
City of Rockford, and one pilot River Edge Redevelopment Zone
in the City of Aurora.
    Thereafter the Department may not certify any additional
River Edge Redevelopment Zones, but may amend and rescind
certifications of existing River Edge Redevelopment Zones in
accordance with Section 10-5.4.
    (e) A municipality in which a River Edge Redevelopment Zone
has been certified must submit to the Department, within 60
days after the certification, a plan for encouraging the
participation by minority persons, females, persons with
disabilities, and veterans in the zone. The Department may
assist the municipality in developing and implementing the
plan. The terms "minority person", "female", and "person with a
disability" have the meanings set forth under Section 2 of the
Business Enterprise for Minorities, Females, and Persons with
Disabilities Act. "Veteran" means an Illinois resident who is a
veteran as defined in subsection (h) of Section 1491 of Title
10 of the United States Code.
(Source: 94SB17ham003.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.