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Airport enterprise zone is renewed

June 19, 2004|By TAMELA BAKER

ANNAPOLIS - Maryland's Department of Business and Economic Development has renewed the Hagerstown Regional Airport Enterprise Zone for 10 years, Gov. Robert Ehrlich's office announced Friday.The enterprise zone, which includes the airport, Washington County Business Airpark, Bowman Air Park Center and Top Flight Air Park, allows businesses moving into or expanding within the zone to claim tax credits in exchange for creating new jobs.

The airport zone, administered by the Washington County government, encompasses about 700 acres, of which 97 are ready for development.

The airport enterprise zone first was designated in 1984. It was redesignated in 1994.

"The state's enterprise zone program is a key element of Washington County's efforts to attract new jobs and investment to the area," Commissioners President Gregory I. Snook said in a statement.

"Because the aviation industry is a target of our business recruitment efforts, it's great news that DBED has renewed the Hagerstown Regional Airport Enterprise Zone for an additional 10 years."

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- Tamela Baker

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