Woolwich Plans TDR Dispute MOU With State Bank Board
Township of WoolwichCity · Woolwich Township, NJ- Disclosed value
- $250,000 good-faith payment; historical State TDR Bank funding of $5,000,000 toward purchases of up to $7,000,000 in development credits
- From agendapacket
- Document date
- Nov 14, 2026
The 30-second brief
Woolwich Township planned to execute an MOU with the State Transfer of Development Rights Bank Board addressing the former TDR program dispute. The proposed agreement includes a $250,000 good-faith payment and allows negotiations to continue, with an option for a six-month extension.
State Transfer of Development Rights Bank Board holds this contract with Township of Woolwich.
Term as filed: MOU may be extended for up to six months after its first anniversary if both parties approve in writing.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Amount
- $250,000 good-faith payment; historical State TDR Bank funding of $5,000,000 toward purchases of up to $7,000,000 in development credits
- Document date
- November 14, 2026
- Term
- MOU may be extended for up to six months after its first anniversary if both parties approve in writing
- Vendor
- State Transfer of Development Rights Bank Board
- Agency
- Township of Woolwich
- Source document
- Woolwich Township AgendaPacket Meeting Agenda and Supporting Documents 2026-11-16 (AgendaPacket)
More Township of Woolwich contracts
Questions about this contract
Who was awarded the government contract by Township of Woolwich?
State Transfer of Development Rights Bank Board was awarded this government contract by Township of Woolwich, as recorded on November 14, 2026. The contract value is $250,000 good-faith payment; historical State TDR Bank funding of $5,000,000 toward purchases of up to $7,000,000 in development credits.
How much is the State Transfer of Development Rights Bank Board contract with Township of Woolwich worth?
The State Transfer of Development Rights Bank Board contract with Township of Woolwich is valued at $250,000 good-faith payment; historical State TDR Bank funding of $5,000,000 toward purchases of up to $7,000,000 in development credits.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Woolwich Township AgendaPacket Meeting Agenda and Supporting Documents 2026-11-16 (AgendaPacket), dated November 14, 2026 from Township of Woolwich. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 1 more question
What is Township of Woolwich currently buying?
Explore Township of Woolwich's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
