SB0539ham001 97TH GENERAL ASSEMBLY

Rep. Dave Winters

Filed: 5/20/2011

09700SB0539ham001 LRB097 04328 KMW 55993 a

AMENDMENT TO SENATE BILL 539

AMENDMENT NO. ______. Amend Senate Bill 539 on page 6, by replacing lines 6 through 10 with the following:

"project areas or as otherwise permitted in the Act. Two or more municipalities may designate a joint redevelopment project area under this subsection (o) for a single Industrial Park Conservation Area comprising of property within or near the boundaries of each municipality if: (i) both municipalities are located within the same Metropolitan Statistical Area, as defined by the United States Office of Management and Budget, (ii) the 4-year average unemployment rate for that Metropolitan Statistical Area was at least 11.3%, and (iii) at least one participating municipality demonstrates that it has made commitments to acquire capital assets to commence the project and that the acquisition will occur on or before December 31, 2011. The joint redevelopment project area must encompass an interstate highway exchange for access and be located, in part, adjacent to a landfill or other solid waste disposal facility.".