Old Bridge Redevelopment Agreement Partially Assigned to Affiliates
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Description
The Old Bridge Township Redevelopment Agency approved the partial assignment of its redevelopment agreement with Segme Old Bridge GC Urban Renewal, LLC, transferring portions of the agreement to several affiliate companies for individual project sites. Segme Old Bridge GC Urban Renewal, LLC remains partially responsible until completion. The amendment consists of allocating site-specific obligations to respective affiliates.
Contract Details
Vendor
SEGME OLD BRIDGE GC URBAN RENEWAL LLC
Agency
Township of Old Bridge, NJ
Contract Type
CONSTRUCTION
Document Date
February 11, 2026
Contract Term
Original term per Redevelopment Agreement dated October 17, 2025; partial assignments effective February 11, 2026
Renewal Info
Agreement amended to assign site-specific portions to affiliates; Segme Old Bridge GC Urban Renewal, LLC remains a party until Certificate of Completion is issued.
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Old Bridge Redevelopment Agency Agenda 2026-05-28
Old Bridge Redevelopment Agency Resolution 2026-11 2026-05-28
Old Bridge Township Redevelopment Agency Resolution 2026-13 2026-05-28
Old Bridge Township Redevelopment Agency Resolution 2026-13 2026-05-28
Old Bridge Township Redevelopment Agency Resolution 2026-13 2026-05-28
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