City Economic Development Staff are recommending that City Council approve the studies and process required to expand the Enterprise Zone to include the Metro Centre, Sheridan Village, and Evergreen Square shopping centers. The expansion process takes about six months, and would provide that the developers would not have to pay sales tax on building materials used for the expansion.
These three shopping centers all require some substantial new investment to stay competitive. Give Rachael Parker at 309 494 8640 a call if you need more information on the Enterprise Zone, or take a look at the web pages below:
http://peoriaenterprisezone.blogspot.com/
http://www.ieza.org/
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