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insufficient; no transfers may be made to appropriations for contingent expenses or deferred charges."

WHEREAS, certain appropriations listed herein have amounts in excess necessary to fulfill its purpose and others have insufficient funding for the calendar year.

NOW, THEREFORE, BE IT RESOLVED by the Mayor and the Township Council of the Township of Jackson, County of Ocean, State of New Jersey that:

1. The following annexed transfer schedule (#1) for the 2021 Municipal Operating Budget of the Township of Jackson are hereby made effective November 1st for the above stated reasons:
2. This resolution shall take effect upon two-thirds affirmative vote by the full governing body of the Township of Jackson.
3. Copies of this resolution to the Administrator, Chief Financial Officer and Auditor.

DATED: 10-26-2021

JANICE KISTY, R.M.C. TOWNSHIP CLERK

RESOLUTION 382R-21

TITLE: RESOLUTION AUTHORIZING THE EXECUTION OF A DEVELOPER’S AGREEMENT BETWEEN THE TOWNSHIP OF JACKSON AND YEREK JACKSON 46, LLC

MOTION TO APPROVE BY: FLEMMING MOTION SECONDED BY: BORRELLI YES: BORRELLI, CHISHOLM, SAUICKIE, FLEMMING, KERN

WHEREAS, Yerek Jackson 46, LLC is a successor in interest to the developer known as “Pine Rock Terra, LLC” with respect to a subdivision which was granted approval by the Jackson Township Planning Board to create 46 residential building lots along with one detention basin and one pump station lot along with various public improvements; and

WHEREAS, said final major subdivision approval was authorized pursuant to Resolution 2016-10 of the Township Jackson Planning Board while the developer’s request for an extension of said approvals was granted by the Planning Board pursuant to Resolution 2020-09; and

WHEREAS, in accordance with the terms and conditions of the approvals previously granted with respect to this application, the applicant is required to enter into a Developer’s Agreement with the Township of Jackson; and

WHEREAS, attached hereto as Exhibit A is a copy of said Developer's Agreement and exhibits; and

WHEREAS, the Township Council wishes to authorize the execution of said Developer's Agreement; and

NOW, THEREFORE, BE IT RESOLVED, this 26th day of O 2021, by the Township Council of Township of Jackson, County of Ocean, State of New Jersey as follows:

1. The Mayor and Township Clerk be and they are hereby authorized to execute the attached Developer’s Agreement on behalf of Jackson Township and are further authorized to execute any and all documents necessary to implement the intent of this Resolution; and

BE IT FURTHER RESOLVED that a copy of this Resolution be forwarded to the following: