Illinois Administrative Code › Title 14 - COMMERCE › Part 520 - ENTERPRISE ZONE AND HIGH IMPACT BUSINESS PROGRAMS › Subpart B - ENTERPRISE ZONE: APPLICATION FOR CERTIFICATION › Section 520.220 - Form of Application

Current through Register Vol. 48, No. 28, July 12, 2024
An application shall be submitted on the standard application
				  form provided by the Department. An application shall include:
a) Eligibility Criteria. Information
				establishing that the necessary eligibility criteria as specified in Section
				520.210 has
				been met;
b) Economic Development
				Goals of the Zone. A statement concerning the economic development goals and
				objectives of the zone, including: specific three-year development goals and
				objectives of the zone, and a zone implementation plan describing the specific
				tasks, activities, and commitments that must be accomplished to achieve each
				three-year objective;
c) Local
				Incentives and Programs. Information concerning each local incentive, program,
				special activity, or commitment to be provided in support of the zone,
				including: a description of each, how it will be implemented, who will provide
				it, the estimated impact on the revenue of the local government, any special
				qualifications or conditions imposed on its applicability, and the period of
				availability and the effective date provided. However, each incentive, program,
				special activity, or commitment to be provided may not be offered on a
				case-by-case basis, and must assure that all taxpayers or participants eligible
				under similar circumstances are treated in a similar manner;
d) Role of the DZO. A statement describing
				the role of the DZO, including the functions, programs and services to be
				performed by the DZO;
e)
				Municipality or County Incentives. 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 provided throughout
				the municipality or county;
f)
				Economic Impact of the Zone. 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;
g) Management Structure of the Zone. A
				statement describing the management structure of the zone;
h) Transcript of Public Hearings. A
				transcript of all public hearings;
i) Copy of Public Notice. A copy of the
				public notice;
j) Designating
				Ordinance. A certified copy of the local government designating
				ordinance;
k) Joint Applicant
				Information. 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;
l) Boundary Description. A legal description
				of the Enterprise Zone and a map of the Enterprise Zone that clearly identifies
				the zone's boundaries and provides names of streets and highways; applicants
				are encouraged to submit geospatial data as ESRI ARCGIS Shape files; applicants
				shall clearly indicate any territory within the Enterprise Zone that is already
				within an existing Enterprise Zone; and
m) Local Labor Market Area. A specific
				definition of the applicant's local labor market area, along with a statement
				explaining why the local labor market area used is appropriate for the
				Enterprise Zone to which it relates; applicants are encouraged to include data
				on commuting patterns and public transportation or other information
				demonstrating that for the local labor market area used individuals can reside
				and find employment within a reasonable distance or can readily change jobs
				without changing their place of residence. [20 ILCS
				655/3(h) ]