§ 15-42. Findings.

The city hereby finds as follows:

(a)

Following due and sufficient public notice, the city, in conjunction with the County of Effingham, held a public hearing concerning the amended enterprise zone as set forth in the attached exhibits. The hearing was held at 10:00 a.m. on October 3, 1995, in Fire Station No. 3, Effingham, Illinois, which is located within the Effingham Enterprise Zone.

(b)

The altered enterprise zone is a contiguous area comprising more than one-half square mile and less than twelve (12) square miles in total area; in fact, comprising an area (as described in Exhibits A-1, A-2, A-3, and A-4) of approximately 2.45 square miles.

(c)

The enterprise zone is a distressed area, as defined by the regulations promulgated by the Department of Commerce and Community Affairs, in that the area designated as the enterprise zone meets at least one of the tests for eligibility therein prescribed.

(d)

The enterprise zone meets the conditions and criteria established by the Illinois Enterprise Zone Act and regulations promulgated by the Department of Commerce and Community Affairs.

(e)

The enterprise zone includes portions of the city for the following reasons:

(1)

To include the maximum number of low- and moderate-income persons;

(2)

To include the older industrial, commercial and residential areas of the community needing upgrading and rehabilitation;

(3)

To include the areas comprising the highest unemployment;

(4)

To include a majority of the industrial and commercial facilities which are presently vacant and/or underutilized; and

(5)

To include areas representing portions of the community where commercial and industrial development is targeted to occur in support of existing commercial and industrial areas.

(f)

The enterprise zone shall be governed, managed and operated in accordance with an intergovernmental agreement between the city and the County of Effingham as set forth in Exhibit B (which is attached hereto and incorporated by this reference).

(Ord. No. 9-88, § 2, 3-15-88; Ord. No. 91-95, § II, 10-17-95)

Note— As to the disposition of the exhibits referred to in § 15-42 above, see the editor's note to this article.