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From 1987 to 1993, petitioners engaged in various activities
to obtain a zoning change. Petitioners' efforts were first
reflected in litigation challenging the constitutionality of the
Skippack Township zoning provisions. These efforts were
initially unsuccessful, but petitioners filed an appeal. In
1991, by reason of a settlement offer and stipulation,
petitioners' efforts were thereafter directed to achieving an
amicable disposition of their claims which would result in an
acceptable change in the zoning.
On October 23, 1991, Skippack Township adopted a new
comprehensive land use plan. The new plan increased, from 80 to
337, the number of acres of land in Skippack Township designated
for housing at four dwellings per acre (Village Residential).
During 1991 and 1992, petitioners worked with Skippack Township
with respect to the development, review, and enactment of a new
zoning ordinance which included petitioners' land.
On May 23, 1993, the Board of Supervisors voted to change
the zoning ordinance as applied to petitioners' undeveloped land
and approximately 217 more acres. This change allowed
petitioners' undeveloped land to be developed as Village
Residential, i.e., four residential units per acre.
Petitioners' Expenses and Federal Income Tax Returns
Petitioners capitalized the startup costs for LM Development
including the cost of acquiring the undeveloped land in 1977 and
1987.
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Last modified: May 25, 2011