WALTERS GROUPDevelopment and Reimbursement Agreement • April 7th, 2009
Contract Type FiledApril 7th, 2009This correspondence is being sent in accordance with the terms and conditions contained in the Development and Reimbursement Agreement dated March 23, 2003, by and between Barnegat Township and Mark Madison, LLC. The agreement requires annual updates concerning the new reimbursement amount based on CPI increases. Please be advised that based on the annual CPI increase for 2008, the new reimbursement is $48,356.00.