Resolution 16-07

P.L. 202-2016 has amended Indiana Code § 5-28-15-10, enabling the fiscal body of a municipality, in this case the Bloomington Common Council, to authorize the extension of an enterprise zone for an additional year. This is regardless of whether the enterprise zone has previously been renewed under Indiana Code § 5-28-15-10(d) or (e). The extension adds one year to the current expiration date of January 31, 2017, creating a new expiration date of January 31, 2018. The enterprise zone is not renewable beyond this date under current law.