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the redevelopment project area created pursuant to Division 74.4 of the Illinois Municipal Code, . <br /> and (iv) the Department certifies the ordinance amendment, then the property that is located in <br /> both the enterprise zone and the redevelopment project area shall not be eligible for the <br /> abatement.of taYes under Section 18-170 of the Property Tax Code. No business enterprise or <br /> expansion or individual, however, that has constructed a new improvement or renovated or <br /> rehabilitated an existin� improvement and has received an abatement on the improvement under <br /> Section 18-170 of the Property Tax Code shall be denied any benefit previously extended within <br /> the zone pursuant to the Illinois Enterprise Zone act, or pursuant to any other Illinois law <br /> providing benefits specifically to or within enterprise zones. <br /> Ordinance No. 2001-XX, Amending Certain Tax Incentives Provided for in Enterprise Zone - <br /> Real Property Taxes, adopted August X, 2001 fulfills requirements set forth in 20 ILCS <br /> 655/5.4.1. Pursuant to the ordinance, property located in both the Enterprise Zone and in the <br /> O1deTowne Redevelopment Project Area shall not be eli�ble for any abatement of real property <br /> taxes for new improvements or renovation or rehabilitation of existing improvements, except as <br /> otherwise provided in said Section 5.4.1. <br /> 3. For each changes which proposed to create or expand an incentive, provide the <br /> following information. <br /> Not applicable <br /> Part C. PURPOSE OF THE AMENDMENT <br /> Explain why the amendment is being requested. Provide statistics, graphs, or other types <br /> of documentation that support the request. <br /> The amendment will fulfill the requirement of the II.CS 655/5.4.1 to eliminate property tax <br /> abatements for new improvements or the renovation or rehabilitation of existing improvements <br /> for properties located in both the Enterprise Zone and the O1deTowne Redevelopment Project <br /> Area. . <br /> Part D. C011�Iil�IUNITY SUPPORT <br /> Describe the input�and assistance which public and private sector entities provided in the <br /> development of the application. Letters from individuals, business, labor, community or <br /> otber groups in support of this application may be attached. <br /> Not applicable <br /> 3 <br />