What is the State Developement Fee on Tenants?

Full question:

After expanding my store via the store next to me, and paying for the necessary permits, etc., the borough asked me to pay an additional $30.00 for a State Developement Fee on Tenants Fit-Out. What is that? And why must I pay it?

Answer:

Please see the information at the following link:

http://msxml.excite.com/info.xcite/clickit/search?r_aid=9584FF5F42714CDD9B4A80538527D6D0&r_eop=18&r_sacop=41&r_spf=0&r_cop=main-title&r_snpp=37&r_spp=4&qqn=w!e4EY4Z&r_coid=239137&rawto=http://www-agecon.ag.ohio-state.edu/resources/docs/pdf/910676B4-2A3C-408B-B6CB09223CBC2EA7.pdf

I suggest contacting this organization or the agency payment was sent to:

http://www.njeda.com/

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

If you do not pay the State Development Fee, you may face penalties such as fines or legal action from the borough. Additionally, your business operations could be delayed, which may affect your ability to open or expand your store. It's crucial to comply with all local regulations to avoid these issues.