Egg Harbor Township Committee Meeting Minutes January 17 2024
Township Releases Performance Bond for Gladlyn Estates
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Description
Egg Harbor Township approved the release of a $50,032.08 performance surety bond issued by American Southern Insurance Company for Gladlyn Estates, Phase I, following acceptance of the completed improvements. The bond guaranteed land and site work on Block 5610, Lots 16 and 17.
Contract Details
Contract Amount
$50,032.08
Vendor
AMERICAN SOUTHERN INSURANCE COMPANY
Agency
Township of Egg Harbor, NJ
Contract Type
INSURANCE
Document Date
January 17, 2024
Renewal Info
Bond obligation is terminated upon acceptance of improvements and release authorized by Resolution 85.
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