Woods Equity Phase 3 development bond accepted
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Description
Toms River Council approved a $9,230 reduced performance bond from Woods Equity for Phase 3 of the 1606 Lakewood Road project, replacing an earlier bond by 1606 Lakewood Road, LLC. The new security maintains assurance for remaining site improvements.
Contract Details
Contract Amount
$9,230.00 reduced performance bond (Phase 3)
Vendor
WOODS EQUITY
Agency
Township of Toms River, NJ
Contract Type
OTHER
Document Date
May 13, 2026
Renewal Info
Replaces the Phase 3 performance bond formerly posted by 1606 Lakewood Road, LLC, which is now released.
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