Draft of Lakewood's proposed UEZ boundary map available to public

The Lakewood Development Corporation, the administrative arm of Lakewood's Urban Enterprise Zone (UEZ), will be unveiling a draft of a map that depicts proposed UEZ boundaries at the next LDC meeting, Tuesday, August 4, 2009, in the conference room of the Lakewood Municipal Building, 231 Third Street.
The map of the proposed UEZ boundaries will be on display on the second floor of the Lakewood Municipal Building and will also be available at Township Committee meetings in order to solicit public comment until Tuesday, September 1, 2009.
The proposed UEZ boundaries focus on commercial areas in the Township that show economic activity and the opportunity for businesses to claim some sales tax revenues. “The whole concept,” says Russell Corby, acting executive director of the UEZ, “is that local merchants who are certified in the program can charge 3 percent or one half the sales tax. That money is directed to a special zone assistance fund; and those funds, upon application, can be used for economic development projects in Lakewood Township.” APP (Click HERE for the rest)