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Burlington City Gains Urban Enterprise Zone Status
Description
New Jerseys Burlington City, one of the states oldest communities, is poised for economic revival with a potential Urban Enterprise Zone designation. This move could bring a lower sales tax, attracting more jobs and investment. The bill, recently passed by a key Senate committee, would allow Burlington City to present a development plan to the state, potentially accessing funding for economic projects. This program, established in 1983, has helped revitalize downtowns in thirty-seven communities across the state.
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