New Jersey voters in November will weigh in on $400 million of general obligation borrowing for open-space initiatives as Gov. Jon Corzine yesterday signed into law a bill putting the bond question on the ballot.

The additional borrowing would support the Garden State Preservation Trust in fiscal 2010 and fiscal 2011. The GSPT buys land to preserve parks, forests, farmland, and historical sites throughout New Jersey, one of the most densely populated states in the U.S.

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