Township of Hardyston Agenda 2026-05-27
Hardyston To Accept Balmoral Estates Phase III Guarantees
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Description
Hardyston Township is considering Resolution 47-26 to accept a $65,880 letter of credit and a $7,320 cash bond from Balmoral Development, LLC for Balmoral Estates Phase III. The financial guarantees will secure the developer’s obligations associated with the project.
Contract Details
Contract Amount
Letter of Credit $65,880.00; cash bond $7,320.00
Vendor
BALMORAL DEVELOPMENT LLC
Agency
Township of Hardyston, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 27, 2026
Renewal Info
These are development financial guarantees; no renewal terms are described in the agenda and they typically remain in place until project obligations are met and released by the township.
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