A recent settlement with a developer will give Barnegat Township $778,500 for water system improvements when needed.
The matter stems back more than 10 years ago when the township and Walters Development Co. approved an agreement for the company to build a water tower at a yet-to-be-determined site. Walters has constructed many single-family homes in Ocean Acres, as well as Cornerstone at Barnegat and the Laurel Oaks Apartments.
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