Page 34 of 37
ANN MARIE EDEN, R.M.C. TOWNSHIP CLERK
DATED: 9/14/10
Township Clerk Eden – Developer’s request for Council’s consideration in amending performance guarantee requirements. Mr. Borden is here tonight regarding approval of a site plan for Jackson Orthodontics wherein the performance bond is in excess of the cost of the project and what is minimally required.
Ian Borden – Asked that his client not be required to post bonds for the private site plan improvements. He stated that the question here is private site plan improvements versus public improvements. He is asking that his client not be required to post bonds for the private site improvements; however, they will certainly post all the inspection fees in accordance with the Ordinance. They’re not seeking any relief from the Ordinance. Their interpretation of the Ordinance is that there doesn’t have to be bond for those types of improvements. Attorney Gilmore stated his opinion and believes that the Governing Body would have to look at this. Council President Martin asked what the cost of construction is. Mr. Borden replied. Council President Martin asked what the performance guarantees are. Mr. Borden replied and stated that it’s common for a bond to be higher than market value. Council Vice President Bressi stated that there is such a large difference in the dollar amounts. He believes it would be best if T & M sat down with Mr. Borden and discussed all of this. Attorney Gilmore stated it would be best to carry this for two weeks to enable Council to get some advice from T & M. Attorney Gilmore stated that he’s afraid if they do it for one others will feel entitled. Council Vice President Bressi agreed so this does not set a precedence set for the bigger builders.
Administrator Del Turco – Water Agreement renewal with the Ocean County Library Commission (not discussed – will be carried to the September 28^{th} meeting/agenda).
MAYOR REINA thanked Westlake for the honor they bestowed on all the victims and the first responders on 9-11. He said they put on a wonderful ceremony and he thanked everyone who observed the significance of the day.
PETER GRZELAK – 3 ABES WAY asked Council Vice President Bressi what he voted no on the bills? Council Vice President Bressi stated that it was a bill for the engineers for Bartley Field. He asked about the debt relief as we’re going toward the bonding of new monies and he noticed $300,000.00 and wanted to know what that is for. Sharon Pinkava, CFO replied that the $300,000.00 represents the total debt service for this year and what’s going to be next year. He also commented about Council talking the