(a) 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 or county;
        (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.
    (b) The Department may provide for provisional certification of substantially complete applications pending the receipt of any of the items identified in subsection (a) of this Section or any additional information requested by the Department.

Terms Used In Illinois Compiled Statutes 20 ILCS 655/5.1

  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.