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when an emergency affecting the public health, safety or welfare requires the immediate delivery of goods or the performance of services; and

WHEREAS, the Chief Financial Officer has certified that sufficient funding exists for this purpose in an amount not to exceed $12,000.00

NOW, THEREFORE, BE IT RESOLVED, the Township Council of the Township of Jackson, County of Ocean, State of New Jersey do hereby authorize the execution of an emergency contract between the Township of Jackson and Lertch. Wrecking in an amount not to exceed $12,000.00 with a properly executed purchase order in compliance with all local public contracts laws for the demolition of an unsafe structure located at 19 Vermont Avenue, Jackson, NJ.

A copy of this resolution shall be forwarded to the Municipal Administrator, Township Engineer, Chief Financial Officer and Purchasing Department.

ANN MARIE EDEN, R.M.C. TOWNSHIP CLERK

DATED: 12-9-14

RESOLUTION 398R-14

TITLE: RESOLUTION OF THE TOWNSHIP OF JACKSON, OCEAN COUNTY, NEW JERSEY AUTHORIZING RELEASE TO MERIDIAN HEALTH VILLAGE REALTY ASSOCIATES, LLC OF THE PERFORMANCE BONDS ISSUED FOR MERIDIAN HEALTH VILLAGE, BLOCK 8101, LOT 6.01

MOTION TO APPROVE BY: UPDEGRAVE MOTION SECONDED BY: MARTIN YES: BRESSI, MARTIN, UPDEGRAVE, CALOGERO, NIXON

WHEREAS, Meridian Health Village Realty Associates, LLC has requested a Release of the Performance Guarantees, posted for Meridian Health Village located on Block 8101, Lot 6.01, Jackson Township; and

WHEREAS, the Performance Guarantees consists of two bonds:

  1. Performance Bond #S01583 issued by First Indemnity of America Insurance
  2. Performance Bond #S01584 issued by First Indemnity of America Insurance

WHEREAS, Ray Savacool of T&M Associates, Township Engineer, has reviewed and approved the release of said performance bonds in letter report dated December 1, 2014, which letter report is made a part hereof; and

WHEREAS, the Township Council of the Township of Jackson has considered the application and the report of the Engineer;

NOW, THEREFORE, BE IT RESOLVED, by the Mayor and Council of the Township of Jackson, County of Ocean and State of New Jersey, that the Performance Guarantees, which consists of Performance Bond #S01583 in the amount of $527,901.38 and Performance Bond #S01584 in the amount of $106,212.87 issued by First Indemnity of America Insurance Company and Cash Bonds in the amount of $58,655.71 and $11,801.43; heretofore posted with the Township may and hereby is released on the condition that the applicant:

  1. Post a Maintenance Bond with the Township in the amount of $293,571.41, subject to the review and approval of the Township Attorney. Said Maintenance Bond shall run for a period of two (2) years.
  2. This resolution of release is further contingent upon the applicant/developer reimbursing the Township for the cost of any and all outstanding construction inspection