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== History == Teterboro was incorporated on March 26, 1917, from land that was part of the boroughs of [[Moonachie, New Jersey|Moonachie]], [[Little Ferry, New Jersey|Little Ferry]] and [[Lodi Township, New Jersey|Lodi Township]]. The borough was enlarged on July 5, 1918, by an area annexed from [[Hasbrouck Heights, New Jersey|Hasbrouck Heights]]. The borough was named for Walter C. Teter, a New York investment banker, who had purchased the land in 1917 to build a racetrack and developed a {{convert|700|acre|adj=on}} site, reclaiming marshland and building an airport and an 18-hole golf course.<ref>Staff. [https://www.nytimes.com/1929/01/15/archives/walter-c-teter-dies-founder-of-airport-teteboro-nj-was-named-in-his.html "Walter C. Teter Dies; Founder of Airport; Teterboro, N. J., Was Named in His Honor by Community of 19 Citizens."], ''[[The New York Times]]'', January 15, 1929. Accessed October 8, 2019. "Walter C. Teter of Montclair, who established the first airport in northern New Jersey at Teterboro, named in his, honor, died this morning in the Memorial Hospital, Manhattan."</ref><ref>[http://www.panynj.gov/airports/teb-history.html History of Teterboro Airport], [[Port Authority of New York and New Jersey]]. Accessed October 11, 2015. "In 1917, Walter C. Teter acquired the property, with the airport first operating in 1919."</ref> The name Teterboro was changed on April 14, 1937, to Bendix Borough, but reverted to Teterboro Borough on June 1, 1943.<ref name=Story>Snyder, John P. [https://nj.gov/dep/njgs/enviroed/oldpubs/bulletin67.pdf ''The Story of New Jersey's Civil Boundaries: 1606β1968''], Bureau of Geology and Topography; Trenton, New Jersey; 1969. p. 87 re Teterboro, p. 75 re Bendix. Accessed May 30, 2024.</ref> In 1951, Vera Martucci became the first woman to be elected mayor of the borough.<ref>{{cite news|title=She's Operator, Mayor Too|url=http://nyshistoricnewspapers.org/lccn/sn84031741/1951-05-11/ed-1/seq-10/#date1=01%2F01%2F&index=1&date2=12%2F31%2F&searchType=advanced&SearchType=prox10&sequence=0&words=first+mayor+Mayor+woman&proxdistance=10&to_year=&rows=20&ortext=&from_year=&proxtext=first+woman+mayor&phrasetext=&andtext=&dateFilterType=range&page=4|access-date=December 31, 2017|work=Essex County Republican|date=May 11, 1951|location=Keeseville, New York|page=10}}</ref> Throughout the borough's history, neighboring municipalities, such as Hasbrouck Heights and [[South Hackensack, New Jersey|South Hackensack]], have made repeated attempts to dissolve Teterboro, in hopes of absorbing the borough's ratables (the value of land and buildings which are assessed for property taxes). Some have argued that the population is too small for the borough to justify its own existence. However, all such attempts have met with failure. In July 2010, a bill was introduced in the New Jersey state senate in a renewed effort to divide Teterboro among neighboring towns.<ref>Gartland, Michael; and Sheingold, Dave. [http://www.northjersey.com/news/98485024_S__Hackensack__Little_Ferry_up_for_windfalls.html?page=all "S. Hackensack, Little Ferry up for windfalls if Teterboro is divided"], ''[[The Record (North Jersey)|The Record]]'', July 15, 2010. Accessed December 19, 2013. "South Hackensack and Little Ferry would benefit most from a proposal to divide and distribute Teterboro among four neighboring towns and redraw the boundaries of South Hackensack, according to an analysis by The Record."</ref> The bill, sponsored by Senator [[Robert M. Gordon (politician)|Robert M. Gordon]] and Assembly members [[Connie Wagner]] and [[Vincent Prieto]], stalled in the state Legislature after its introduction, due to opposition from borough officials, residents, business and land owners, and the neighboring municipalities of Moonachie and Hasbrouck Heights.<ref>Gartland, Michael. [http://www.northjersey.com/news/politics/108671619_Teterboro_s_fate_up_in_air.html "Teterboro's fate up in air"], ''[[The Record (North Jersey)|TheRecord]]'', November 17, 2010. Accessed December 19, 2013.</ref> Legislators attempted to include a 20-year tax abatement within the bill to alleviate the concerns of Teterboro business and property owners who were concerned that taxes could spike if the borough was dissolved. The legality of such an abatement was also called into question.<ref>Gartland, Michael. [http://www.northjersey.com/news/101626158_Teterboro_breakup_in_doubt.html "Teterboro breakup in doubt"], ''[[The Record (North Jersey)|The Record]]'', August 27, 2010. Accessed November 6, 2013. "Sarlo attributed the difficulties in gaining support for the bill to the special interests of the towns around Teterboro and to questions about the legality of a 20-year tax abatement proposed for Teterboro businesses, which could see their taxes double."</ref>
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