AGENDA

LOCAL FINANCE BOARD

DATE: Wednesday, June 12, 2002 LOCATION: Department of Community Affairs

Conference Room #129

101 South Broad Street

Trenton, New Jersey 08625-0803

TIME: 9:15 a.m.

I. Roll Call

II. Certification of Public Notice

III. Local Finance Board

State - NJSA 40A:9-22

Local Government Ethics Law

IV. Applications:

**THE FOLLOWING FIFTEEN (15) APPLICATIONS WILL BE CONSIDERED ON A

CONSENT AGENDA**

10:00 am Dunellen Borough

Middlesex - NJSA 58:11B-9(a)

#1 $2,100,000 Proposed Environmental Infrastructure Trust Program

Middlesex - NJSA 40A:2-26(e)

$2,100,000 Proposed Non-Conforming Maturity Schedule

Monmouth County Bayshore Outfall Authority

#2 Monmouth - NJSA 40A:5A-6

$997,340 Proposed Project Financing

Monmouth - NJSA 58:11B-9(a)

$997,340 Proposed Environmental Infrastructure Trust Program

Cape May City

Cape May - NJSA 40A:2-11

$4,628,104 Proposed Waiver of Down Payment

#3 Cape May - NJSA 40A:2-26(e)

$4,628,104 Proposed Non-Conforming Maturity Schedule

Cape May - NJSA 58:11B-9(a)

$4,628,104 Proposed Environmental Infrastructure Trust Program
Page 2 of 6

West Orange Township

Essex - NJSA 40A:2-11

$900,000 Proposed Waiver of Down Payment

#4 Essex - NJSA 58:11B-9(a)

$900,000 Proposed Environmental Infrastructure Trust Program

Essex - NJSA 40A:2-26(e)

$900,000 Proposed Non-Conforming Maturity Schedule

Hillside Township

Union - NJSA 40A:2-11

$425,000 Proposed Waiver of Down Payment

#5 Union - NJSA 40A:2-26(e)

$425,000 Proposed Non-Conforming Maturity Schedule

Union - NJSA 58:11B-9(a)

$425,000 Proposed Environmental Infrastructure Trust Program

Elizabeth City

Union - NJSA 40A:2-26(e)

#6 $3,900,000 Proposed Non-Conforming Maturity Schedule

Union - NJSA 58:11B-9(a)

$3,900,000 Proposed Environmental Infrastructure Trust Program

Newark City

Essex - NJSA 58:11B-9(a)

$800,000 Proposed Environmental Infrastructure Trust Program

Essex - NJSA 40A:2-26(e)

#7 $800,000 Proposed Non-Conforming Maturity Schedule

Essex - NJSA 40A:2-11

$800,000 Proposed Waiver of Down Payment

Essex - NJSA 40A:3-1

$800,000 Proposed Qualified Bond Ordinance

Irvington Township

Essex - NJSA 40A:2-11

$1,300,000 Proposed Waiver of Down Payment

#8 Essex - NJSA 40A:2-26(e)

$1,300,000 Proposed Non-Conforming Maturity Schedule

Essex - NJSA 58:11B-9(a)

$1,300,000 Proposed Environmental Infrastructure Trust Program

Page 3 of 6

Brick Township

Ocean - NJSA 58:11B-9(a)

$3,942,000 Proposed Environmental Infrastructure Trust Program

#9 Ocean - NJSA 40A:2-26(e)

$3,942,000 Proposed Non-Conforming Maturity Schedule

Ocean - NJSA 40A:2-11

$3,942,000 Proposed Waiver of Down Payment

Hopatcong Borough

Sussex - NJSA 40A:2-46

$13,500,000 Proposed Self-Liquidating Status

Sussex - NJSA 58:11B-9(a)

#10 $13,500,000 Proposed Environmental Infrastructure Trust Program

Sussex - NJSA 40A:2-11

$13,500,000 Proposed Waiver of Down Payment

Sussex - NJSA 40A:2-26(e)

$13,500,000 Proposed Non-Conforming Maturity Schedule

Brick Township Municipal Utilities Authority

Ocean - NJSA 58:11B-9(a)

#11 $10,000,000 Proposed Environmental Infrastructure Trust Program

Ocean - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

Musconetcong Sewerage Authority

Sussex & Morris - NJSA 40A:5A-6

#12 $7,000,000 Proposed Project Financing

Sussex & Morris - NJSA 58:11B-9(a)

$7,000,000 Proposed Environmental Infrastructure Trust Program

North Hudson Sewerage Authority

Hudson - NJSA 40A:5A-6

#13 $32,000,000 Proposed Project Financing

Hudson - NJSA 58:11B-9(a)

$32,000,000 Proposed Environmental Infrastructure Trust Program

Long Beach Township

Ocean - NJSA 40A:2-26(e)

$3,136,000 Proposed Non-Conforming Maturity Schedule

#14 Ocean - NJSA 40A:2-11

$3,136,000 Proposed Waiver of Down Payment

Ocean - NJSA 58:11B-9(a)

$3,136,000 Proposed Environmental Infrastructure Trust Program

Page 4 of 6

Rahway Valley Sewerage Authority

Union - NJSA 58:11B-9(a)

$5,617,500 Proposed Environmental Infrastructure Trust Program

#15

Union – NJSA 40A:5A-6

$5,617,500 Proposed Project Financing

10:15 am Weehawken Township

Hudson - NJSA 40A:2-51

$530,000 Proposed Refunding Bond Ordinance

10:20 am Summit City

Union - NJSA 40A:4-45.13

$697,425 Proposed Assumption of Services

10:25 am Hoboken City

Hudson – NJSA 40A:3-1

$4,987,500 Proposed Qualified Bond Ordinance

10:30 am Bound Brook Borough

Somerset - NJSA 40A:2-11

$2,510,000 Proposed Waiver of Down Payment

10:35 am Bergen County Improvement Authority

Bergen - NJSA 40:37A-54(l)

$5,500,000 Proposed Project Financing (Not-for-Profit)

10:40 am Newark City

Essex - NJSA 40A:3-1

$16,427,415 Proposed Qualified Bond Ordinance

10:45 am City of Jersey City

Hudson - NJSA 40A:2-51

$2,000,000 Proposed Refunding Bond Ordinance

10:50 am Lacey Township Municipal Utilities Authority

Ocean - NJSA 40A:5A-6

$7,885,000 Proposed Project Financing

10:55 am River Vale Township

Bergen - NJSA 40A:2-11

$1,000,000 Proposed Waiver of Down Payment

Bergen - NJSA 40A:2-26(e)

$1,000,000 Proposed Non-Conforming Maturity Schedule

Page 5 of 6

11:00 am Woodbridge Township

Middlesex - NJSA 40A:2-26(e)

$23,000,000 Proposed Non-Conforming Maturity Schedule

11:05 am River Edge Borough

Bergen - NJSA 40A:2-26(e)

$2,981,000 Proposed Non-Conforming Maturity Schedule

11:10 am North Haledon Borough

Passaic - NJSA 40A:2-51

$3,500,000 Proposed Refunding Bond Ordinance

11:15 am Bridgewater Township

Somerset - NJSA 40A:4-45.3(ee)

$925,000 Proposed CAP Waiver (Surplus)

11:20 am Gloucester County Improvement Authority

Gloucester - NJSA 40A:5A-6

$15,000,000 Proposed Project Financing

Gloucester - NJSA 40:37A-80

$15,000,000 Proposed County Guarantee

11:25 am Middlesex County Improvement Authority

Middlesex - NJSA 40A:5A-6

$15,000,000 Proposed Project Financing (New Brunswick Apartments)

11:30 am Camden County Improvement Authority

Camden - NJSA 40:37A-80

$13,000,000 Proposed County Guarantee

Camden - NJSA 40A:5A-6

$13,000,000 Proposed Project Financing

11:35 am Perth Amboy City Board of Education

Middlesex - NJSA 18A:24-61.5(1)

$13,500,000 Proposed Renewal of Refunding Bond Ordinance

11:40 am Monmouth County Improvement Authority

Monmouth - NJSA 40A:5A-6

$50,000,000 Proposed Project Financing

(Howell Township Board of Education) NJSA 18A:24-7

$50,000,000 Proposed Non-Conforming Maturity Schedule

(Howell Township Board of Education) NJSA 18A:24-61.5(1)

$50,000,000 Proposed Refunding Bond Ordinance

Page 6 of 6

11:45 am Burlington County Bridge Commission

Burlington - NJSA 40A:5A-6

$65,000,000 Proposed Project Financing

Burlington - NJSA 40A:5A-7

$65,000,000 Proposed County Guarantee

Burlington - NJSA 40A:5A-7

$65,000,000 Proposed Service Contract

11:50 am Orange City

Essex - NJSA 40A:2-11

$500,000 Proposed Waiver of Down Payment

Essex – NJSA 40A:2-7

$500,000 Proposed Exception to Debt Limitation

11:55 am Camden City

Camden - NJSA 52:27BB-54 et seq.

Local Government Supervision Act Director's Update

12:00 pm Division of Local Government Services

State – NJSA 40A:2-17(b) and 18

Proposed New Rules (Form of Summary of Bond Ordinance Publication)

NJSA 52:27D-20.1

Proposed New Rules (Electronic Disbursement Controls for Payroll Purposes)

NJSA 40A:5-16(c)

Proposed New Rules (Disbursements Without Vendor Certification)

12:30 pm Newark City State-Operated School District

Essex - NJSA 18A:20-4.2(f)