The Board of Commissioners announced that an agreement has been made with the owner of 65 North Haddon Avenue (known as the Boxwood Hall property), for the potential purchase of the property by the borough. As part of this purchase agreement, the current court case brought by the owner against the borough will be dropped. The purchase price for the entire property, which includes the historic Boxwood Hall (now being rented by a real estate company), a smaller building behind it and large, park-like backyard will be $1.8 million. This property is currently listed on the borough’s inventory as a potential public park or Green Acres preserved open space. It is anticipated that a mix of funding sources, which could include state grants, county or local open space trust funds, municipal bond proceeds and private donations, could be used as payment for the property. An ordinance authorizing the funding is being introduced at the May 27 public meeting with a public hearing on the ordinance scheduled for June 10. Future use of the property, including the buildings and yard, as well as any division of the property for private and public ownership, will be determined, along with the mix of funding sources, after additional public discussion and input from the residents over the coming months. For more information, contact the borough commissioners or Sharon McCullough at 856–429–4700 or [email protected].
Potential Purchase of Boxwood Hall Property by Borough
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