Section 565.40  Form of Application

a)         Applications will be accepted at any time during the year.  The Department will provide interested applicants with an application package upon request. Submittal of an application does not commit the Department to award assistance or to pay any costs incurred by the applicant in the preparation of an application.

b)         Written applications will be required and must be submitted on the standard application form provided by the Department.  Applications shall be submitted to the Department office location identified on the application. The application shall include:

1)         Application Cover Page – containing name, address, and telephone number of applicant; key contact and title; total number of new employees to be hired and, when applicable, the number of full-time employees to be retained; company Federal Employer Identification Number (F.E.I.N.); Standard Industrial Code (S.I.C.); if available, Illinois Unemployment Insurance Account Code; State Senate District number; State Representative District number; authorized signatures; and related information.

2)         Project Summary – a detailed description of the project that is to be the subject of the agreement.

3)         Site Map – an outline of the general location of the project on a site map, including the location of any flood plain areas and wetland areas.

4)         Jobs Impact – a detailed description of the number of new employees to be hired and the occupation and payroll of the full-time jobs to be created as a result of the project, and a schedule of anticipated starting dates of the new hires. In addition, the applicant must provide the total number of full-time employees employed by the applicant and any related member, subsidiary, parent, or sister company in the State of Illinois at the time of the application. Applicant must also provide the number of retained employees at the project, the statewide baseline, and detail any potential decline in jobs at the project location.

5)         Capital Improvements Planned – a detailed description of the investment the taxpayer will make in capital improvements, and the designated location in Illinois for the investment.  This shall include, but not be limited to, a description (or specifications or lists) of the planned capital improvements demonstrating the investment is qualified; documentation to substantiate the value of the investment (value of capital improvements as provided by appraisers, vendors, contractors, architects and engineers); and a schedule regarding when the eligible investment will be placed in service.

6)         Any other provisions or information the Department determines is necessary to facilitate the Department's evaluation of the application.

c)         The applicant is responsible for the accuracy of all data, information and documentation included in its application.  Once submitted, applications shall become the property of the Department.

d)         The Department will not permit public inspection or copying of any material that is or would be confidential under State Law, specifically including the exemptions set forth in the Freedom of Information Act [5 ILCS 140].  If an applicant submits information it considers to be of a confidential nature as part of its application or request for a tax credit certificate, such information shall be marked or labeled "CONFIDENTIAL" in capital letters.  The applicant shall also submit a statement briefly setting forth the grounds on which the information should be treated as confidential.  The Department, based on proprietary nature of the material and privacy of the applicant's confidential information, shall not disclose the materials to the public.