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It is found and declared by the Board of Aldermen that it is in the best interest of the people of this city and to the economic well being of this city to promote the economic development and rehabilitation of certain depressed areas in the city known herein as an enterprise zone of the city; that this city is empowered under the provisions of the Conn. Gen. Stat. §§ 32-70 et seq. to establish enterprise zones with the benefits and inducements to private enterprise flowing therefrom; that on September 22, 2008, the Commissioner of Economic and Community Development of the State of Connecticut, in accordance with state law, approved and designated the enterprise zone as suggested and recommended by the Mayor, that it is logical and economically sound to designate such an enterprise zone in the city and it is further declared that the area as designated herein meets the criteria for enterprise zones as set forth in Conn. Gen. Stat. §§ 32-70 et seq.
(1967 Code, § 21-22) (Ord. passed 1-10-1989; Ord. passed 6-9-2008)