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doc10485 R-123-2025-Perf-Guarantee_Jackson-Trails-PDF.pdf
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"text": "AUTHORIZING JACKSON TRAILS, LLC TO PROVIDE ALL PERFORMANCE GUARANTEES REQUIRED BY THE TOWNSHIP CODE THROUGH THE POSTING OF A BOND OR LETTER OF CREDIT AND WAIVING THE REQUIREMENT THAT 10 PERCENT OF THE PERFORMANCE GUARANTEES BE PROVIDED IN CASH",
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"text": "WHEREAS, Jackson Trails, LLC is undertaking a development project within the Township of Jackson and is required to provide performance guarantees in accordance with the Township Code; and"
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"text": "WHEREAS, due to the scope and scale of the development to be constructed by Jackson Trails, LLC, the Township Council has determined that it is in the best interest of the Township to waive the cash portion requirement and permit Jackson Trails, LLC to satisfy all performance guarantee requirements through the posting of a bond or letter of credit; and"
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