(a) An ordinance designating a proposed enterprise zone may provide additional tax relief, regulatory relief or other benefits, in addition to that granted in this chapter, or may eliminate or modify any of the tax relief, regulatory relief or other benefits provided for in this chapter.
(b) After a proposed enterprise zone is declared an enterprise zone, additional tax relief, regulatory relief or other benefits may be added to such zone by amendment either to this chapter or the ordinance designating such zone as a proposed enterprise zone. The city council may also eliminate or repeal any tax relief, regulatory relief or other benefits in an enterprise zone and may alter the boundaries of the zone or alter the termination date of the zone, subject to the criteria and limitations stated in the Illinois Enterprise Zone Act, if the zone was declared an enterprise zone under that act, and/or subject to the criteria and limitations stated in any federal enterprise zone act, if the zone act was declared an enterprise zone under such an act.
(c) In determining the regulatory relief, tax relief or other incentives to be recommended to the city council for enterprise zones under Section 16-12-070, the zone administrator may recommend different regulatory relief, tax relief or other incentives for each zone depending on the needs of each zone and/or general regulatory relief, tax relief or other incentives for all proposed enterprise zones. The city council may, thereafter, provide in each proposed enterprise zone ordinance the specific regulatory relief, tax relief or other incentives that applies to that zone only and/or may provide for general regulatory relief, tax relief or other incentives either through an amendment to this chapter or an amendment to each proposed enterprise zone ordinance.
(Prior code § 201-9)