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Group asks senators to review sale of Ritchie

September 04, 2004|by TARA REILLY

Citizens for the Protection of Washington County have asked two U.S. senators to review the sale agreement for the former Fort Ritchie U.S. Army base.

In an Aug. 27 letter to U.S. Sens. Barbara Mikulski and Paul Sarbanes, both D-Md., the group's president, Jim Laird, questioned the selling price of the property and claimed an objective appraisal of the former base was not done.

The PenMar Development Corp. voted to sell the 638-acre property on July 26 to Corporate Office Properties Trust (COPT) of Columbia, Md., for $9 million.

If COPT creates 1,400 jobs over nine years, the price will be reduced to $5 million.

PenMar was created by the state in 1997 to redevelop the base, which the Army shut down in 1998.

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