Laserfiche WebLink
P <br /> is <br /> PART D. PURPOSE OF AMENDMENT <br /> Explain why the amendment is being requested. <br /> In the interest of community growth and the economic competitiveness of the region, the <br /> Decatur-Macon County Enterprise Zone administration board,in cooperation with local <br /> governmental bodies and key community stakeholders,have determined that it is in the <br /> best interest of the region to submit the enclosed property for inclusion in the Decatur- <br /> Macon County Enterprise Zone to increase their viability for redevelopment. <br /> In recent history the Enterprise Zone has been successful in fostering growth within the <br /> Decatur Metropolitan Statistical Area (MSA)by reducing the communities estimated <br /> poverty rate from 18.4% in 2015 to 15.2% in 2020.However,areas of persistent poverty <br /> remain. This proposed addition is located within Census Track#9/Macon County/IL which <br /> has an estimated poverty rate of 63.9% as of 2020. <br /> Economic incentives such as Enterprise Zone benefits are often key factors in private <br /> investment into destressed areas. This agency,along with key community stakeholders, <br /> feels that the addition of this land is vital for the continued growth and economic wellbeing <br /> of Macon County and its citizens. <br />