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ENTERPRISE ZONE EXPANDS

The Yuba-Sutter Enterprise Zone boundaries were recently expanded by 3.04 square miles within the County of Yuba's portion of the zone. The expansion encompasses the new Raceway and Entertainment Area along Highway 65 and Forty Mile Road. The expansion brings the total zone area to 73.5 square miles, the largest zone in the state. Businesses locating within the Raceway and Entertainment Area and the adjacent manufacturing zoned area between Highway 65 and Rancho Road, also added to the zone, can take advantage of the state and local zone incentives as of February 24, 1998.

Enterprise Zones are allowed to expand their boundaries by a total of 15 percent based on the original designated boundaries. The Yuba-Sutter Enterprise Zone has been expanded an additional three times since its designation in October 1986, adding to date a total of 5.02 square miles. Previous expansions include 1.6 square miles in 1991 by Yuba County, adding properties along Hale Road, Rancho, Road, Virginia, and Ostrom; .35 square miles by Yuba City in 1994, adding the Yuba City Mall area, Sunsweet properties, Walmart/Sam's Club areas, and Target areas; and 03 square miles by Yuba City in 1997, adding the Waremart shopping area properties.

Do you know if you are in the zone? Are you in the zone and need help in understanding the program? Businesses located within the boundaries of the zone can take advantage of significant state tax credits. Find out how you can save tax dollars. Please call 751-8555 or access the zone's website at http://www.yubasutterez.com.