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Legal Department <br /> DATE: 3/14/2024 <br /> MEMO: <br /> TO: Mayor Pro-Tem Lisa Gregory&Decatur City Council Members <br /> FROM: Scot Wrighton,City Manager <br /> SUBJECT: Resolution Amending Intergovernmental Agreement-County of Macon,the Village of Mt. Zion,the Village of <br /> Forsyth and the Village of Long Creek-Decatur Macon County Enterprise Zone <br /> SUMMARY RECOMMENDATION: It is recommended that the proposed Enterprise Zone revisions be approved. <br /> BACKGROUND: <br /> By joint intergovernmental agreement with 4 other local governments,the Decatur-Macon County Enterprise Zone is <br /> administered by the Economic Development Corporation(EDC). The administration of an Illinois enterprise zone is a uniquely <br /> governmental function,which Decatur and its 4 partners have formally delegated to the EDC. Under this legal framework, <br /> revisions to the enterprise zone boundary,and changes to the rules governing enterprise zone benefits,must be approved by all <br /> five of the local governments who are parties to the joint agreement delegating EZ administration. <br /> A recent decision by the State of Illinois to increase the maximum acreage allowed for some enterprise zones (including the <br /> Decatur EZ)means that the Decatur Macon County Enterprise Zone has a surplus of available land. Consequently,the periodic <br /> boundary revisions recommended by the EDC do not"take" enterprise zone benefits away from one part of the city or county <br /> and place them somewhere else. Instead,the periodic boundary revisions brought to each local government every year or two <br /> reflect requests from private property owners,or the local governments themselves,concerning new or anticipated projects that <br /> would likely benefit from being in the enterprise zone,and which were not anticipated by the existing or prior boundary. <br /> PRIOR COUNCIL ACTION: The most recent revisions to the Decatur-Macon County Enterprise Zone were made in <br /> March and May of 2022,and were approved by the governing bodies of all 5 partner governments. <br /> BUDGET/TIME IMPLICATIONS: Approve of these changes requires no expenditure of city funds. <br /> ATTACHMENTS: <br /> Description Type <br /> Resolution Resolution Letter <br />