EAST PROVIDENCE, R.I. (AP) — The Nature Conservancy in Rhode Island has paid about $2 million to ensure that an East Providence country club won’t ever be developed.
The Providence Journal reports that under the agreement, the Conservancy bought the development rights to about two-thirds of the Agawam Hunt club. The 82 acres include the majority of the 18-hole golf course and a half-mile corridor of woods and wetlands.
The Conservancy also has the option to purchase a second easement for $980,000 on the remaining 40 acres.
The money from the sale played a major role in pulling Agawam Hunt out of bankruptcy. Had the club gone under, there was concern that more than 100 homes would have been built on club grounds.
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Now, if the club ever closes, the land will become a public park.
Information from: The Providence Journal, http://www.providencejournal.com