Dec. 26 (UPI) -- A red, white and blue glass ball will drop on July 3 in New York City's Times Square to celebrate the nation's 250th birthday in a first for the city.

The event will mark the first time that Times Square has hosted a second ball drop after the ad-hoc America250 committee announced the decision on Friday, The Hill reported.

"One Times Square has long been a place where the world comes together to celebrate pivotal moments -- from the end of World War II to the moon landing," said Michael Phillips, who leads the company that owns One Times Square.

"We're proud to serve as the starting point of this historic year, showcasing the nation's celebration on a global stage."

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