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WHEREAS, 528, LLC has requested the release Performance Guarantees posted for Liberty Commons, Block 21202, Lots 6.01 & 7, Jackson Township; and
WHEREAS, the Performance Guarantee consists of $10,116.36 in the form of a New Jersey Subdivision/ Site Plan Bond B1206438 issued by Selective Insurance Company of America and a Cash Bond in the amount of $1,124.00; and
WHEREAS, Stephen Schreiber of T&M Associates, Township Engineer, has reviewed and approved the release of said Performance Guarantees in report dated June 22, 2021, which 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 Township Council of the Township of Jackson, County of Ocean and State of New Jersey, that the New Jersey Subdivision/ Site Plan Bond B1206438 issued by Selective Insurance Company of America and a Cash Bond in the amount of $1,124.00, heretofore posted with the Township may and hereby is released on the condition that the applicant:
DATED: 8-10-2021
RESOLUTION 316R-21
MOTION TO APPROVE BY: BORRELLI MOTION SECONDED BY: SAUICKIE YES: BORRELLI, SAUICKIE, FLEMMING, KERN ABSTAIN: CHISHOLM
WHEREAS, there exists a need for professional engineering services related to Turf Field renovations in the Township of Jackson; and