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(20 ILCS 655/5.1)
(from Ch. 67 1/2, par. 606)
Application to Department.
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 proposed zone;
(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
(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 zone;
(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 regulation may require.
(Source: P.A. 82-1019.)