JUST IN: The age restriction lifting on the PRV (Pine River Village) development was passed unanimously this evening at the township meeting with a compensation of $850,000.00 to the township-as a lump sum payment. At the last meeting which took place on August 6th, the PRV developers offered $5,000 compensation per unit. However, the ordinance was not immediately passed and was brought back for a final hearing-this evening-after professional appraisals could be completed. The compensation per unit is approximately double than originally offered. However, building cannot commence until final approval from the planning board, since the development which was originally approved as a senior development must now be adjusted for a younger community-which includes recreation space etc. (TLS)