June 6, 2012 THE VILLADOM TIMES I • Page 23 Sale of golf course (continued from page 17) said, “but we are still subject to litigation about providing some affordable housing.” The audience asked many questions about the potential development of the golf course property and the state’s affordable housing law. Some suggested that the borough should buy the property and spread the cost over the 3,500 homes in the borough. Bivona said, however, that the borough does not have an open space fund and that type of tax has been voted down by the borough’s taxpayers twice before. He pointed out that the borough currently has $14 million in debt and adding another $36 million would be “problematic” and would probably cause the borough to lose its Triple A bond rating. In response to some other questions, Bivona explained that, if the borough refused to rezone the property, the borough would be challenged in court. He said it would be wiser to have a good faith open discussion with Toll Brothers and develop the property in a way that makes sense. Bivona also advised that a site plan would not be submitted for some time since the issue is in the early stage of discussion, and the current lease of the golf course extends through the end of 2014. Bivona also addressed the potential impact on the schools, saying the development could impact some schools more than others, but there could be a significant increase in the number of students.