Page 11 of 20

WHEREAS, K-Land No. 11, has requested a Release of the Performance Guarantee, which consists of $166,967.73 in the form of a Performance Bond #SO5748 issued by First Indemnity of America Insurance Company and Cash Bond in the amount of $18,551.97, pertaining to Hampshire Hills, Sec. 7 a/k/a Block 35.10+, Lots Various, Jackson Township; and

WHEREAS, Albert D. Yodakis, P.E. of T&M Associates, Township Engineer, has reviewed and approved the release of said performance bond in letter report dated November 20, 2008, 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 Guarantee, which consists of Performance Bond #SO5748 issued by First Indemnity of America Insurance Company in the amount of $166,967.73 and a Cash Bond in the amount of $18,551.97, 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 $92,759.85, subject to the review and approval of the Township Attorney. Said Maintenance Bond shall run for a period of two (2) years; and
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 fees and the cost of any and all other charges as per Township ordinance for the release of said performance guarantees.
3. Copies of this resolution to Administration, Finance, Applicant/Developer, Township Engineer, Jackson Board of Education Transportation Department, Attn: Dolores and the Department of Public Works, Attn: Connie Sidor.

The Mayor and Township Clerk are authorized to sign or issue any appropriate documentation to give effect to the within resolution.

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

DATED: 12-09-08

RESOLUTION 425- NOT USED

RESOLUTION 426R-08

TITLE: A RESOLUTION OF THE TOWNSHIP COUNCIL SUPPORTING THE PROPOSED CHANGES TO THE PINELANDS COMPREHENSIVE MANAGEMENT PLAN AND LAND USE DESIGNATIONS

MOTION TO APPROVE BY: UPDEGRAVE MOTION SECONDED BY: MARTIN YES: MARTIN, UPDEGRAVE & KAFTON ABSENT: RIVERE

COUNCIL PRESIDENT KAFTON asked Mr. Bressi to explain. Mr. Bressi stated this was the first step by the Pinelands to help stop density growth. Mr. Kafton agreed. Councilwoman Updegrave thanked Mr. Bressi and the Planning Board for their hard work.

WHEREAS, the Mayor and Township Council have recently learned of the proposed changes to the Pinelands Comprehensive Management plan, as well as the proposed re-designation of certain land uses within the Pinelands areas, which would affect areas of Jackson Township; and

WHEREAS, the proposed changes to the Comprehensive Management Plan would include additional clustering provisions in order to preserve contiguous forest areas which