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which letter report is made a part hereof; and

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

NOW, THEREFORE, BE IT RESOLVED, by the Mayor and Committee of the Township of Jackson, County of Ocean and State of New Jersey, that the Cash Bond in the amount of $1,500.00 heretofore posted with the Township may and hereby is released to Ryan Homes. The Mayor and Township Clerk are authorized to sign or issue any appropriate documentation to give effect to the within resolution.

DATED: 09/09/02 TOWNSHIP CLERK

ANN MARIE EDEN, R.M.C.

RESOLUTION 468-02

TITLE: AUTHORIZE THE EXECUTION OF AN AGREEMENT WITH OCEAN COUNTY FOR TRAFFIC SIGNAL INSTALLATION AT THE FOLLOWING LOCATION: COUNTY LINE ROAD (C.R. #9) AND JACKSON MILLS ROAD (C.R. #22)

MOTION TO APPROVE BY: GIBLIN

MOTION SECONDED BY: GRISANTI

YES: GIBLIN, GRISANTI, KAFTON, KRAKOWER & BRODERICK

WHEREAS, the County of Ocean has proposed to install a traffic light at County Line Road and Jackson Mills Road; and

WHEREAS, the County of Ocean has supplied to the Township a traffic signal agreement covering said location; and

WHEREAS, it is the desire of this governing body to enter into an agreement with Ocean County whereby the County will bear all costs of installation and maintenance and the Township will bear the cost of the electric requirements for said traffic signal; and

WHEREAS, the Township desires to enter into an agreement with Ocean County pursuant to the Interlocal Services Act and to approve the same by the required resolution.

NOW, THEREFORE, BE IT RESOLVED by the Mayor and Committee of the Township of Jackson, County of Ocean and State of New Jersey, as follows:

1. That the Township Committee of Jackson Township hereby formally authorizes the Mayor and Clerk to execute a traffic signal agreement with Ocean County covering County Line Road (C.R. #9) and Jackson Mills Road (C.R. #22), as per the agreement attached hereto and made a part hereof as Schedule A.
2. That upon the adoption of the within resolution, the Clerk is authorized and directed to forward a certified copy of it together with the executed agreement to the County of Ocean c/o Ronald A. Lotrecchio, County Engineer.

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

DATED: 09/09/02