Friday, October 3, 2014

NJ clears utility sale of environmentally sensitive tract

Pine Barrens Tree Frog
The state of New Jersey has once again approved the sale of environmentally sensitive property in an area described by conservationists as a haven for endangered species, such as the Pine Barrens tree frog, bald eagles, and redheaded woodpeckers, NJ Spotlight reports.
"The sale of 1,550 acres to Millville 1350 LLC for $4 million was affirmed by the New Jersey Board of Public Utilities this week -- four years after the agency originally approved the deal. The developer plans to build an 18-hole golf course and 950 senior-housing units on the parcel, which was owned by Atlantic City Electric.
"The original deal fell through when the state Division of Rate Counsel and conservation groups challenged the BPU’s decision in the appellate court, which remanded the matter back to the agency.

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