PRESS RELEASE FROM THE ELK LANDING FOUNDATION
September 11, 2008
Elkton, MD… At its May, 2008 meeting, the Board of Directors of the Historic Elk Landing Foundation approved a motion to look further into a concept presented to the board by a developer to convert the recently acquired 10 acres of open space administered by the Foundation, into retail commercial space. Approving the act, to explore the concept in no way constituted endorsement of this plan, but rather to see if it was in the best interest of Elk Landing. In no way did this motion agree to cede the 10 acres of land to the town of Elkton for whatever development deal was being negotiated. The Historic Elk Landing Foundation has a 99 year lease with the town of Elkton plus an option for another 99 years for all of its property and has no intention of breaking that lease.
Kenneth A. Wilcox
Board of Directors