Western Monmouth Utilities Authority Resolution 24-88 Public Hearing Connection Fees
WMUA Releases Bond for Olde Silver Tavern Project
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Description
Western Monmouth Utilities Authority authorized the release of a $73,561.99 performance surety bond and reduction of the cash guarantee to $1,000.00 for 149 Freehold Road, LLC’s Olde Silver Tavern project, contingent on fees being current and posting a one-year $36,780.95 maintenance bond. This action recognizes completion of sanitary sewer improvements reviewed by CME Associates.
Contract Details
Vendor
149 FREEHOLD ROAD LLC
Agency
Western Monmouth Utilities Authority, NJ
Contract Type
OTHER
Document Date
July 16, 2024
Contract Term
One-year maintenance bond of $36,780.95 to be posted
Renewal Info
Developer must provide a one-year maintenance bond in the amount of $36,780.95 as a condition of bond release.
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