222 Oak Avenue, Suite 5 Toms River, NJ 08753 732.240.3366 | fax 732.240.5305 memolicpa.com

March 28, 2024

To: Jackson Township Rent Leveling Board Members

RE: Application-MGM Jackson, LLC, CPI Rent Increase-2024

Dear Board Members:

Enclosed please find the proposed CPI Rent Increase application for MGM Jackson, LLC, (applicant). The applicant is entitled to a maximum CPI increase of 4.1%, The increase is effective for April 1, 2024, or in accordance with the lease renewal date, whichever is later.

In reviewing this application, we found a complete application without any issues or discrepancies. Sincerely,

Carmen J. Memoli, CPA