Toms River Township AgendaPacket 2026-05-13
Phase 1 bond for 1606 Lakewood Road LLC released
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Description
Toms River Council released a $33,920 performance cash bond previously posted by 1606 Lakewood Road, LLC for Phase 1 of the 1606 Lakewood Road project. The release follows acceptance of a replacement guarantee from Woods Equity.
Contract Details
Contract Amount
$33,920.00 previously posted cash bond released (Phase 1)
Vendor
1606 LAKEWOOD ROAD LLC
Agency
Township of Toms River, NJ
Contract Type
OTHER
Document Date
May 13, 2026
Renewal Info
Original performance bond obligation for Phase 1 is terminated and replaced by Woods Equity’s guarantee.
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