$25,000 WILL BE DUE ON KENFIELD BAY PROPERTY

by Al Hoover, Chair
JWS Environment Protection Fund

In 1998, the Ten Mile Lake Association agreed to purchase the Anderson property in Kenfield Bay for $170,000. A real estate agent had planned a fairly intensive development - probably 12 lots - on the site. Because of our strong concerns about the environmental impact of such development, The TMLA board began negotiations with the developer and was able to purchase the property.

As of July 10, 2001, we still have a balance due on the Contract for Deed of $66,814.22.

Of this amount $54,337.03 is due on July 10, 2003. We currently have $40,944.12 in the James W. Schwartz Environmental Protection Fund. Therefore we must raise $25,870.10 by July 10,2003. If each of our 667 members were to give $20.00 extra each year for the next two years, the Kenfield Bay property would be paid for.

The Board strongly urges you to consider participation in this very worthwhile project.