TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT
CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY
PART 615 STATE-DESIGNATED CULTURAL DISTRICTS
SECTION 615.50 TERM AND TERMINATION


 

Section 615.50  Term and Termination

 

a)           Certification as a State-designated cultural district shall be for an initial period of 10 years, after which the district may submit an application for renewal every five years. The Department maintains discretion not to renew a State-designated cultural district's designation based on evaluation of their renewal application, or other factors including, but not limited to, failure to use the original designation, failure to execute plans, and failure to submit timely reports. [20 ILCS 605/605-1057(c)]

 

b)          The Department shall award no more than five State-designated cultural districts each year. At no point shall the total amount of State-designated cultural districts be more than 15. [20 ILCS 605/605-1057(e)]

 

c)           The entity applying for certification is responsible for all reporting requirements. Any State-designated cultural district that fails to file a report for 2 consecutive years shall have their status as a State-designated cultural district terminated. [20 ILCS 605/605-1057(f)]