Regency Development Bond Partially Released And Converted
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Description
The Township Committee passed Resolution 2026-167 to release part of the performance guarantee posted by Regency Development, LLC for SP #2394 on West Cross Street and convert the balance to a maintenance guarantee. The action applies to Block 251.02, Lot 88.
Contract Details
Vendor
REGENCY DEVELOPMENT LLC
Agency
Township of Lakewood, NJ
Contract Type
CONSTRUCTION
Document Date
April 16, 2026
Renewal Info
Performance guarantee partially released; remaining funds converted to maintenance guarantee for post-construction period.
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Township of Lakewood Agenda Committee Meeting Regular Meeting 2026-04-16
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