52:27H-66.3 - Application for classification of UEZ-impacted business district
52:27H-66.3 Application for classification of UEZ-impacted business district.
4. a. A municipality shall apply to the authority for the classification of UEZ-impacted business district by submitting an application as required by the authority along with detailed findings made after a public hearing that the business district is economically distressed and that the adjacent enterprise zones are having a negative impact upon the municipality's business district.
b.In according consideration for designation of the UEZ-impacted business district classification authorized pursuant to section 3 of P.L.2001, c.347 (C.52:27H-66.2), the following criteria shall be utilized by the authority:
(1)the district shall be located in a municipality which is between two municipalities each of which has an enterprise zone; and
(2)the borders of the two enterprise zones of the adjacent municipalities shall in part be contiguous to the border of the applicant municipality.
L.2001,c.347,s.4.