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An Ordinance Approving an Amendment to the Des Plaines River Valley Enterprise Zone Intergovernmental Agreement (Minnick Services Property 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 Intergovernmental Agreement. Romeoville adopted a Designating Zone Ordinance which thereafter approved and certified by DCCA in accordance with the 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, and such amendments which as deemed necessary are done from time to time, and thereafter approved by the State of Illinois; and
WHEREAS, the parties last amended the zone boundaries in the Intergovernmental Agreement and the Designative Ordinance of each party in 2024; and
WHEREAS, the parties have determined that it is appropriate to amend the Intergov...
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