Public Act 094-1022
 		





SB1892 Enrolled
LRB094 11429 RXD 42339 b






    AN ACT concerning business.

 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:


 
    Section 5. If and only if Senate Bill 17 of the 94th 
General Assembly becomes law, the River Edge Redevelopment Zone 
Act is amended by changing Sections 10-2, 10-4,  and 10-5.3 as 
follows:
 
    (94SB17 Art. 10, Sec. 10-2)

    Sec. 10-2. Findings. The General Assembly finds and 
declares that those municipalities adjacent to or surrounding 
river areas often lack critical tools to safely revive and 
redevelop environmentally-challenged properties that will 
stimulate economic revitalization and create jobs in Illinois. 
Environmentally-challenged properties adjacent to or 
surrounding Illinois rivers are a threat to the health, safety, 
and welfare of the people of this State. Many of these 
environmentally-challenged properties adjacent to or 
surrounding rivers were former industrial areas that now, 
subject to appropriate environmental clean-up and remediation, 
would be ideal for office, residential, retail, hospitality, 
commercial, recreational, warehouse and distribution, and 
other economically productive uses. The cost of the cleaning 
and remediation of these environmentally-challenged properties 
is often the primary obstacle to returning these properties to 
a safe and economically productive use.
    Cooperative and continuous partnership among the State, 
through the Department of Commerce and Economic Opportunity and 
the Environmental Protection Agency, municipalities adjacent 
to or surrounding rivers, and the private sector is necessary 
to appropriately encourage the cost-effective cleaning and 
remediation of these environmentally-challenged properties in 
order to bring about a safe and economically productive use of 
the properties.
     Therefore, it is declared to be the purpose of this Act to 
identify and initiate 3
2 pilot River Edge Redevelopment Zones 
to stimulate the safe and cost-effective re-use of 
environmentally-challenged properties adjacent to or 
surrounding rivers by means of tax incentives or grants.

(Source: 94SB17ham003.)
 
    (94SB17 Art. 10, Sec. 10-4)

    Sec. 10-4. Qualifications for River Edge Redevelopment 
Zones.  An area is qualified to become a zone if it:
        (1) is a contiguous area adjacent to or surrounding a 
    river;
        (2) comprises a minimum of one half square mile and not 
    more than 12 square miles, exclusive of lakes and 
    waterways;
        (3) satisfies any additional criteria established by 
    the Department consistent with the purposes of this Act;
        (4) is entirely within a single home rule municipality; 
    and
        (5) has at least 100 acres of environmentally 
    challenged land within 1500 yards of the riverfront.

(Source: 94SB17ham003.)
 
    (94SB17 Art. 10, Sec. 10-5.3)

    Sec. 10-5.3. Certification of River Edge Redevelopment 
Zones. 
    (a) Approval of designated River Edge Redevelopment Zones 
shall be made by the Department by certification of the 
designating ordinance. The Department shall promptly issue a 
certificate for each zone upon its approval. The certificate 
shall be signed by the Director of the Department, shall make 
specific reference to the designating ordinance, which shall be 
attached thereto, and shall be filed in the office of the 
Secretary of State. A certified copy of the River Edge 
Redevelopment Zone Certificate, or a duplicate original 
thereof, shall be recorded in the office of the recorder of 
deeds of the county in which the River Edge Redevelopment Zone 
lies.
    (b) A River Edge Redevelopment Zone shall be effective upon 
its certification. The Department shall transmit a copy of the 
certification to the Department of Revenue, and to the 
designating municipality.
Upon certification of a River Edge 
Redevelopment Zone, the terms and provisions of the designating 
ordinance shall be in effect, and may not be amended or 
repealed except in accordance with Section 10-5.4.
    (c) A River Edge Redevelopment Zone shall be in effect for 
the period stated in the certificate, which shall in no event 
exceed 30 calendar years. Zones shall terminate at midnight of 
December 31 of the final calendar year of the certified term, 
except as provided in Section 10-5.4.
    (d) In calendar years 2006 and 2007, the Department may 
certify one pilot River Edge Redevelopment Zone in the City of 
East St. Louis, one pilot River Edge Redevelopment Zone in the 
City of Rockford, and one pilot River Edge Redevelopment Zone 
in the City of Aurora.
    Thereafter the Department may not certify any additional 
River Edge Redevelopment Zones, but may amend and rescind 
certifications of existing River Edge Redevelopment Zones in 
accordance with Section 10-5.4.
    (e) A municipality in which a River Edge Redevelopment Zone 
has been certified must submit to the Department, within 60 
days after the certification, a plan for encouraging the 
participation by minority persons, females, persons with 
disabilities, and veterans in the zone. The Department may 
assist the municipality in developing and implementing the 
plan. The terms "minority person", "female", and "person with a 
disability" have the meanings set forth under Section 2 of the 
Business Enterprise for Minorities, Females, and Persons with 
Disabilities Act. "Veteran" means an Illinois resident who is a 
veteran as defined in subsection (h) of Section 1491 of Title 
10 of the United States Code.

(Source: 94SB17ham003.)
 

    Section 99. Effective date. This Act takes effect upon 
becoming law.