TITLE 14: COMMERCE
SUBTITLE B: CONSUMER PROTECTION
CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY
PART 524 RIVER EDGE REDEVELOPMENT ZONE PROGRAM
SECTION 524.120 ELIGIBILITY CRITERIA


 

Section 524.120  Eligibility Criteria

 

a)         The area is contiguous and either adjacent to or surrounding a river [65 ILCS 115/10-4(1)];

 

b)         For purposes of calculating total area, the minimum is one-half square mile and the maximum is 12 square miles, exclusive of lakes and waterways [65 ILCS 115/10-4(2)];

 

c)         The area is entirely within one of the Cities of Aurora, East St. Louis, Elgin, Peoria, or Rockford and has at least 100 acres of environmentally challenged land within 1,500 yards of the riverfront [65 ILCS 115/10-4(4), 10-4(5) and 10-5.3(d)]; and

 

d)         The area is not located within the boundaries of an existing Illinois Enterprise Zone.

 

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