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| Public Act 094-1022 |
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AN ACT concerning business.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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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)
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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.
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(Source: 94SB17ham003.) | ||
(94SB17 Art. 10, Sec. 10-4)
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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.
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(Source: 94SB17ham003.) | ||
(94SB17 Art. 10, Sec. 10-5.3)
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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.
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(Source: 94SB17ham003.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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