N.J. Admin. Code § 5:120-3.2

Current through Register Vol. 56, No. 24, December 18, 2024

Section 5:120-3.2 - Standards of eligibility for zone boundary revisions

(a) A qualified municipality shall be eligible to apply for a revision of the urban enterprise zone within that municipality when:

1. The area to be included within the boundaries of the revised UEZ satisfies the criteria set forth in N.J.A.C. 5:120-3.6(a); and

2. The expansion and modification of the UEZ boundary:

i. Will not, as based upon the original zone application by the municipality for designation of a UEZ, significantly alter the percentage within the zone of:

(1) Unemployment;

(2) Persons below the poverty level; or

(3) Persons receiving public assistance; and

ii. Is limited to include areas within the UEZ that will attract or permit the creation of new businesses in the UEZ, although sites adjacent to existing areas within the UEZ may be included to permit continuity of the zone.

N.J. Admin. Code § 5:120-3.2

Recodified from N.J.A.C. 5:121-1.3 and amended by R.2009 d.331, effective 11/2/2009.
See: 41 N.J.R. 2372(a), 41 N.J.R. 4071(b).
Rewrote (a)1 and (a)2.