DASTI, McGUCKIN, McNICHOLS, CONNORS, ANTHONY & BUCKLEY COUNSELLORS AT LAW 620 W. LACEY ROAD FORKED RIVER, N.J. 08731

I, SANDRA F. MARTIN, do hereby certify that the foregoing is a true copy of a resolution adopted by the Governing Body of the Township of Jackson at a meeting held on the 26th day of August, 2025.

SANDRA F. MARTIN RMC, CMR MUNICIPAL CLERK, Township of Jackson

CERTIFICATION

the original bond amount remain in place until R RESOLVED, that a copy of this Resolution

3. Burke Dreams, LLC
2. Charles Cunliffe, Township Engineer
3. BE IT FURTHER RESOLVED, that a copy of this Resolution shall be provided to the following:
2. The Council notes that the above calculation reflects the maximum allowable reduction per the New Jersey Municipal Land Use Law which requires that no less than 30% of the original bond amount remain in place until final acceptance.
1. The Township hereby authorizes a reduction in the total Performance Guarantee for this project from $1,408,710.00 to a new total Performance Guarantee in the amount of $422,613.00, which shall include a bonded portion in the amount of $380,351.70 and a cash portion in the amount of $42,261.30.

NOW, THEREFORE, BE IT RESOLVED this 26th day of August, 2025 by the Township Council of the Township of Jackson, County of Ocean, State of New Jersey as follows:

WHEREAS, the Township Council wishes to accept the recommendation of its Consulting Engineer; and

RESOLUTION OF THE TOWNSHIP OF JACKSON, COUNTY OF OCEAN, STATE OF NEW JERSEY AUTHORIZING A PERFORMANCE GUARANTEE REDUCTION, BURKE DREAMS, LLC, BLOCK 3601, LOTS 19, 33, 34, 35 &40

TOWNSHIP OF JACKSON RESOLUTION 276-2025