KENFIELD BAY PROJECT NEARS FINAL PAYMENT

by Al Hoover, Chair, Environmental Protection Fund

In 1998 TMLA agreed to purchase the Anderson property in Kenfield Bay, after a real estate agent had planned a 12 lot housing development on the site. The Board recognized that Kenfield Bay represents an important ecological site that would be damaged by such intense development. After negotiations with the developer, and with the support of the Association, including significant financial donations, the TMLA board purchased the property for $170,000.

As of May 10, 2003, TMLA still has a balance of $54,925 on the contract for deed. Of this amount $54,337 is due on July 10, 2003. We currently have $43,800 in the James W. Schwartz Enviromental Protection Fund which has come from donations from members of TMLA. If we do not raise an additional $10,537, we will have to use reserve funds to pay this contract. The TMLA board recommends that you give serious consideration to participation in this project.