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06-302
No
Date of doptioll
Novembe~ 21, 2006
AUTHORIZING REDUCTION IN PERFORMA CE BOND
WHEREAS, the Developer for the following listed Develoment pplications,
31 Sharot Street
Block 158, Lot 4
Case Nos.
ZB-00-024
ZB-05-001
ZB-05-009
ZB-05-044
ZB-05-045
was previously required to post a Perfonnance Bond in the amou of $116,733.60; and
WHEREAS, the Borough's Director of Engineer has rccomme ded that a reduction in
said Perfonnance Bond to $82,143.36 is warranted.
NOW THEREFOR BE IT RESOLVED, by Mayor and Cou
Carteret that a reduction in the above reference Performance
$82,143.36 is hereby approved and the appropriate Boroug
authorized and direC\ed to implement the same.
Adopted this 2151 day of November
and certified as a true copy of the
original on November 22, 2006.
LINDA A. RIVERA
Assistant Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN YES NO NV A.B. COUNCIL~IAN
BELLINO
DIAZ X
KRUM X
cil and the Borough 0 f
ond to the amount of
Officials are hereby
2006
--
YES NO NV A.B.
X
X Indicate Vote A8 - Ab.~ent NV - Not Voting XOR - Indicates Yo to Overrule Veto
Adopted at a meeting of the Municipal Council
I
II
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DANiEl J. REIMAN, MAYOR
DEPARTMENT OF MUNICIPAL ENGINEERING
JOHN P. DUPONT P.E., C.M.E.
DIRECTOR
INn-king to.qdþ<" to ¡'uilJ a {,dtu' Ca"tad
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October 3 1, 2006
Mayor & Council
Borough of Carteret
61 Cooke Avenue
Carteret, NJ 07008
Re: 31 Sharot Street
Block 158, Lot 4
Case Nos. ZB-OO-024
ZB-05-001
ZB-05-009
ZB-05-044
ZB-05-045
Dear Mayor & Council:
Our office has performed several site inspections on the abo referenced property to
ensure that the improvements were made in compliance with the approved plan. At this
time a substantial amount of improvements have been compl ted, and our office has
supported a Certificate of Occupancy for a portion of the pro erty.
The builder has requested that a portion of their performance bond be released. The
original performance bond was $116,733.60. Based upon th work which has been
completed, my office would support a reduction in the perfo ance bond to $82,143.36.
This reduced bond amount is still greater than the maintenan e bond which the Borough
will receive prior to the issuance of a final certificate of occ ancy.
Should you have any questions or require any additional infì rmation, please feel tree to
contact my office.
Very truly yours,
~~.DV
Jolin P. DuPont, P. E.
Director of Engineering
Cc: Mr. Anthony Neibert
Mrs. Gloria Lisicki
W ord:ldata leng\zoning\31 sharotpartialbondrelease.doc
Memorial Municipol Building . 61 Cooke Avenue . C rteret, New Jersey 07008
Tel: 732-541-3847 . Fax: 732-541-4504 . Email duponti@carteret.net
www.carteret.net