July 30, 2020
The implementation process for extending the EZ is as follows:
- Public hearing held at a Planning Committee Meeting
- Planning Committee votes of the enterprise zone extension to be forwarded to the Ordinance Committee to amend the current EZ ordinance
- Ordinance Committee holds a public hearing and amends the Enterprise Zone ordinance to include the extended geography
- Common Council votes on the new ordinance language
- If approved, the property owners can take advantage of the tax deferral as of right