WHEREAS, Jackson Retreat, LLC has previously received approvals from the Jackson Township Planning Board with respect to the property commonly known as Lot 14.01 in Block 2901 as shown on the official tax maps of Jackson Township; and
WHEREAS, in accordance with said approvals, the applicant has posted a performance guarantee in the amount of $459,015.66; and
WHEREAS, by letter dated July 3, 2023, the Township's Engineer, T&M Associates, has recommend to the Township Council that the applicant's performance guarantee be released upon the posting of a two-year maintenance bond in the amount of $63,752.18; and
WHEREAS, said recommendation results from the engineer's findings that all bonded improvements have been installed and are acceptable and in general conformance with the approved plans; and
WHEREAS, the Township Council wishes to accept the recommendation of its consulting engineer;
NOW, THEREFORE, BE IT RESOLVED this 12th day of September, 2023, by the Township Council of the Township of Jackson, County of Ocean, State of New Jersey, as follows:
1. The Township hereby authorizes release of previously posted performance guarantee of Jackson Retreat, LLC in the amount of $459,015.66, conditioned upon the applicant posting a two-year maintenance bond in the amount of $63,752.18.
The Township hereby authorizes release of previously posted performance guarantee of Jackson Retreat, LLC in the amount of $459,015.66, conditioned upon the applicant posting a two-year maintenance bond in the amount of $63,752.18.
BE IT FURTHER RESOLVED that the Township Mayor, Township Clerk and such other Township officials as may be necessary are hereby authorized to execute any and all documents necessary to implement the intent of this Resolution.
BE IT FURTHER RESOLVED that a copy of this Resolution be forwarded to the following:
Mary Moss, Township Clerk;
Sharon Pinkava, CFO;
Stephen J. Schreiber, Township Engineer;
Gregory P. McGuckin, Esq, Township Attorney;
Jeff Purpuro, Zoning Officer;
Jackson Retreat, LLC
| MOTION | SECONDED | AYE | NAY | ABSTAIN | ABSENT | CERTIFICATION
I, Mary Moss, RMC, Municipal Clerk of Jackson Township, do hereby certify the foregoing to be a true, complete and correct copy of resolution adopted by the Township Council at a regular meeting held on September 12, 2023.
In witness whereof, I have hereunto set my hand affix the official seal of Jackson Township, Ocean County. New Jersey this 2023.
[F2] 3] Mary Moss, RMC- Municipal Clerk |
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| Councilman Flemming | X | | X | | | |
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| Councilwoman Kuhn | | | X | | | |
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| Councilman Sargent | | X | X | | | |
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| Council Vice President Borrelli | | | X | | | |
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| Council President Chisholm | | | X | | | |
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