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Article: State approves Kent Island land deal
- Article from:
- Capital (Annapolis)
- Article date:
- August 2, 2007
- Author:
CopyrightCopyright 2007 Capital (Annapolis). Provided by ProQuest LLC. (Hide copyright information)
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The state approved a $7.2 million land deal on Kent Island
yesterday over Comptroller Peter Franchot's vociferous objections
that Maryland is paying too much money for too little in return.
The Board of Public Works voted to buy and preserve more than 70
acres located on the northeast tip of Kent Island.
Mr. Franchot voted against the deal but Gov. Martin O'Malley and
Treasurer Nancy Kopp signed off on it. One appraisal put the value of
the land at $7.2 million, another at $6.8 million.
"I am excited about what the project holds," Mr. O'Malley said.
"It is within the balance of these appraisals."
Atchafalaya Holdings, LLP, is selling the land and is a subsidiary
of Langenfelder Marine, Inc., ...