Officials in Madison County are waiting for state approval of three ordinances addressing the renewal of two enterprise zones and the creation of a third that were approved by the county board last month. Lawmakers are aiming to extend the Southwestern and Riverbend Enterprise Zones which include Granite City, Venice, Madison and Riverbend municipalities like Alton, Bethalto, East Alton, Roxana, Hartford, Wood River and South Roxana.
Officials are also hoping to establish the Discovery Enterprise Zone, which encompasses parts of Highland, Troy, St. Jacob, Maryville, Glen Carbon and Collinsville. Madison County Board Chairman Alan Dunstan says enterprise zones remain an important part of the economy in our region.
Click Here for Dunstan Comments
The applications for the three enterprise zones have been submitted to the Illinois Department of Commerce and Economic Opportunity and will also be reviewed by a five-person panel comprised of representatives of various state agencies. If approved, the enterprise zones will be in place for 15 years.