An area is qualified to become a zone if it:
         (1) is a contiguous area adjacent to or surrounding a
    
river;
        (2) comprises a minimum of one half square mile and
    
not more than 12 square miles, exclusive of lakes and waterways;
        (3) satisfies any additional criteria established by
    
the Department consistent with the purposes of this Act;
        (4) is entirely within a single municipality; and

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         (5) has at least 100 acres of environmentally
    
challenged land within 1500 yards of the riverfront.