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Article: Voorhees, N.J., Golf Course Saga Illustrates Difficulties of Open-Space Drives.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- June 11, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Cynthia Burton, The Philadelphia Inquirer Knight Ridder/Tribune Business News
Jun. 11--VOORHEES, N.J.--Sometime after midnight on Nov. 8, 2001, a weary township planning board gave preliminary approval to the property owner's plans to allow 217 homes on the 156-acre Kresson Golf Course.
Nothing so unusual about that. Except that the board's decision -- which vastly increased the market value of the land -- came even as the mayor, Camden County and the state were negotiating to buy the golf course for open space. If they succeed, any increase in the price will land in the laps of taxpayers.
The golf course, owned by the Aducat family, ...