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An Ordinance Approving an Amendment to the Des Plaines River Valley Enterprise Zone Intergovernmental Agreement
(Rock Run Crossings Expansion Request)
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WHEREAS, in 1983, the County of Will, the City of Joliet, the City of Lockport and the Village of Rockdale entered into an Intergovernmental Agreement pursuant to the Illinois Enterprise Zone Act (20 ILCS 655/1 et seq.) for the purpose of establishing an enterprise zone covering certain territory located within each jurisdiction; and
WHEREAS, pursuant to the Intergovernmental Agreement, each party adopted a Designating Zone Ordinance and submitted a Joint Application to the Illinois Department of Commerce and Community Affairs (DCCA) requesting certification of the enterprise zone; and
WHEREAS, in 1983 DCCA approved the Joint Application and certified the formation of the enterprise zone, to be known as the Des Plaines River Valley Enterprise Zone; and
WHEREAS, in 1989 the Intergovernmental Agreement was amended to include the Village of Romeoville as a party to the Agreement and to alter the boundaries by including certain territory located within Romeoville; and
WHEREAS, pursuant to the amended Intergovernmental Agreement, Romeoville adopted a Designating Zone Ordinance which was thereafter approved and certified by DCCA in accordance with law; and
WHEREAS, in 2003 the Intergovernmental Agreement was amended to alter the termination date of the enterprise zone and to limit the financial incentives available to taxable properties located within the enterprise zone, such amendments being thereafter approved by the State of Illinois; and
WHEREAS, the parties last amended the zone boundaries in the Intergovernmental Agreement and the Designative Zone Ordinance of each party in 2017; and
WHEREAS, the parties have determined that it is appropriate to amend the Intergovernmental Agreement and the Designating Zone Ordinance of each party to alter the zone boundaries to include the territory legally described in EXHIBIT 1 and schematically depicted in EXHIBIT 2 (Rock Run Crossings Development) attached hereto and incorporated herein and to make technical corrections to the legal descriptions of the Enterprise Zone territory; and
WHEREAS, on April 4, 2024, after public notice and public hearing regarding the foregoing proposal was conducted as required by Section 5.4 of the Illinois Enterprise Zone Act, the Board of Directors of the Des Plaines River Valley Enterprise Zone has recommended that this Amendment be adopted by the corporate authorities of the parties.
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE VILLAGE OF ROMEOVILLE, AS FOLLOWS:
SECTION 1: The Amendment to the Des Plaines River Valley Enterprise Zone Intergovernmental Agreement attached as Exhibit A hereto is hereby approved.
SECTION 2: The Mayor and Village Clerk are hereby authorized and directed to execute the Amendment on behalf of the Village of Romeoville. This amendment may be executed in counterparts.
SECTION 3: This Ordinance shall take effect upon its passage.
BE IT FURTHER RESOLVED THAT THIS RESOLUTION SHALL BE IN FULL FORCE AND EFFECT FROM AND AFTER ITS PASSAGE AND APPROVAL IN THE MANNER PROVIDED BY LAW.