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Toms River Township AgendaPacket 2026-05-13

Woods Equity Phase 1 replacement bond accepted

$33,920.00 reduced performance bond (Phase 1)Township of Toms RiverWOODS EQUITYMay 13, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Description

Toms River Council accepted a $33,920 reduced performance guarantee from Woods Equity for Phase 1 of the 1606 Lakewood Road site plan, releasing a prior bond posted by 1606 Lakewood Road, LLC. The replacement bond secures continued compliance with township land use standards.

Contract Details

Contract Amount

$33,920.00 reduced performance bond (Phase 1)

Vendor

WOODS EQUITY

Agency

Township of Toms River, NJ

Contract Type

OTHER

Document Date

May 13, 2026

Renewal Info

Replaces a previously posted cash bond by 1606 Lakewood Road, LLC for Phase 1; prior bond is released with interest.

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