Pursuant to the revised Illinois Enterprise Zone Act (20 ILCS 655/1 et seq.) the current Urbana Enterprise Zone will expire in 2016. The City of Urbana and Champaign County are currently preparing to apply for the creation of a new Enterprise Zone. The application is due at the end of 2014.
A presentation highlighting the purpose of the proposed new Enterprise Zone, the application process to apply for a new Zone, and proposed Zone boundaries will be given at 11:30 am. The Public Hearing and discussion on the Enterprise Zone will follow immediately at Noon (12:00 pm). The open house will continue after the conclusion of the Public Hearing through 2:00 pm. The Enterprise Zone presentation may be repeated upon request at 1:30 pm.