The city finds as follows:
(A) Following due and sufficient public notice the city held a public hearing concerning establishment of the enterprise zone as set forth in Exhibit “A” on November 25, 2014 in the City Council Chambers of City Hall, which is located in the area designated as an Enterprise Zone.
(B) The enterprise zone is a contiguous area comprising more than one-half square mile and less than 12 square miles in total area.
(C) The enterprise zone meets 3 of the 10 qualifying criteria designated in Section 4 of the Illinois Enterprise Zone Act.
(Ord. 7032, passed 12-20-83; Am. Ord. 7423, passed 10-17-89; Am. Ord. 7473, passed 7-3--90; Am. Ord. 7575, passed 6-2-92; Am. Ord. 7961, passed 5-5-98; Am. Ord. 8541, passed 5-15-07; Am. Ord. 9217, passed 8-6-19)