Laptop Battery A $5 million preservation deal expected to be finalized next week calls for an 83-acre property in Bordentown Town-ship slated for development to instead be maintained as open space.
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Thinkpad The property is located at the corner of Bordentown-Chesterfield and Hogback roads on the township's eastern border with Chesterfield.
Katz runs the company with 22 paid employees and 300 volunteers who give technical support to new users and are compensated with free memberships (remember those days at AOL ). He rents space in two AT&T data centers, one in Manhattan, another inSecaucus, N.J., with $700, 000 worth of computer equipment, end servers from Dell Computer and five IBM Unix servers. The $2 million annual payroll is his biggest expense.
Microsoft The land is owned by Eve-sham developer Stephen Sa-most and had been approved by the township Planning Board for a 76-home development last October. The Township Com-mittee announced in January that it was seeking to head off the development by buying the property.
Laptop Computers Settlement is now planned for next week. With a deal in place, township leaders said they would like to maintain the site as open space and also offer some type of recreation opportunity to residents.
While the land is set aside for open space, there may be plans to use the property for some type of recreational purpose, Mironov said. Township officials haven't discussed uses for the property, but added that open space land acquired with Green Acres funds may be used for recreational purposes. She also said the property is listed in the township's approved open space and recreation plan. 2004
Laptop Computer "We were able to prevent the development of 76 single-family homes, which we feel is clearly in the best interest of the county and the township," Borden-town Township Deputy Mayor Mark Roselli said. "This is located next to environmentally sensitive areas and its purchase will allow township residents to continue to enjoy open space, which has become a precious commodity."
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Desktop Computer The $5 million purchase price was negotiated earlier this year. It calls for $2.5 million from the New Jersey Green Acres grant program, $1.25 million from township taxpayers and another $1.25 million from county taxpayers.
Notebooks The county Board of Free-holders approved the allocation of county funds during Wed-nesday's public meeting.
Lenovo "Whenever you can convert land destined for housing into permanent open space, you have to call it a victory against sprawl," Freeholder Director William Haines Jr. said.
Hard Drive Samost said he's owned the land since the 1970s. The sale made sense from a business perspective because the government offer matched one from a builder who wanted to create the housing complex, Samost said.
Travelstar "It's a fine situation," Samost said. "It creates a large open-space area."
Gateway When the deal is finalized, the property will boost the township's cache of open space to 166 acres. Since 1999, township taxpayers have paid 3 cents for every $100 of assessed property value just for township open-space acquisitions.
Laptop Parts By John Reitmeyer
Burlington County Times - 3/28/2003
Topic: Less Sprawl
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