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Assembly approves sale of borough land to Skylark Park LLC, extends closing period
Summary
The Petersburg Borough Assembly approved a resolution authorizing the sale of borough land to Skylark Park LLC for a public-benefit housing project and voted 6-0 to amend the agreement to extend the closing period from 45 to 60 days.
On Oct. 20, 2025, the Petersburg Borough Assembly approved a resolution authorizing the sale of borough land to Skylark Park LLC for a public-benefit residential development and adopted an amendment extending the contract closing period to 60 days.
Assemblymember Stan Greger moved an amendment to change the closing period language on page 9, paragraph 11, to read that closing shall occur within 60 days of enactment of a rezoning ordinance, no sooner than Jan. 5, 2026, unless extended by mutual agreement. The amendment passed on a roll call vote, 6-0. The underlying resolution to sell borough land for the public-benefit project also passed following the amendment.
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