AGENDA

 

LOCAL FINANCE BOARD

 

 

         DATE:         Wednesday, September 18, 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:

 

 

          10:00 AM     Atlantic City Board of Education       

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

                        $10,000,000 Proposed School Refunding Bonds

 

          10:05 AM  Point Pleasant Borough Board of Education      

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

                        $6,800,000 Proposed School Refunding Bonds

 

          10:10 AM Howell Township                        

                        Monmouth - NJSA 40A:2-11

                        $4,500,000 Proposed Waiver of Down Payment

 

              10:15 AM       Ventnor City                           

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

                        $7,290,000 Proposed Non-Conforming Maturity Schedule

 

          10:20 AM           Harrison Township Board of Education   

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

                        $4,600,000 Proposed School Refunding Bonds

 

          10:25 AM       Lindenwold Borough                     

                        Camden - NJSA 40A:2-7(d)

                        $2,349,000 Proposed Extension of Credit

 

          10:30 AM      Township of Ewing Board of Education                     

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

                        $23,290,000 Proposed School Refunding Bonds

 

          10:35 AM      Washington Township Board of Education 

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

                        $32,000,000 Proposed School Refunding Bonds

 

                     

                                                                                                                                             

 

                                                                                                                              Page 2 of 5

 

 

          10:40 AM          Cranbury Township

                        Middlesex - NJSA 40A:2-51

                        $1,475,000 Proposed Refunding Bond Ordinance

 

           10:45 AM                    Long Beach Township

                        Ocean - NJSA 40A:2-51

                        $3,210,000 Proposed Refunding Bond Ordinance

                  

                   Monroe Township

                        Gloucester - NJSA 40A:2-51

                        $1,785,000 Proposed Refunding Bond Ordinance

                  

                   Pleasantville City

                        Atlantic - NJSA 40A:2-51

                        $1,950,000 Proposed Refunding Bond Ordinance

                  

                   Ewing Township

                        Mercer - NJSA 40A:2-51

                        $1,770,000 Proposed Refunding Bond Ordinance

 

          10:50 AM      Moorestown Township                       

                        Burlington - NJSA 40A:2-51

                        $10,750,000 Proposed Refunding Bond Ordinance

 

          10:55 AM Bayonne City                           

                        Hudson - NJSA 40A:3-1

                        $10,500,000 Proposed Qualified Bond Ordinance

 

                        NJSA 40A:2-51

                        $10,500,000 Proposed Refunding Bond Ordinance

 

          11:00 AM Newton Town                            

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

                        $7,002,360 Proposed Non-Conforming Maturity Schedule

 

                        NJSA 40A:2-46

                        $7,002,360 Proposed Self-Liquidating Status

 

          11:05 AM Wildwood Crest Borough                 

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

                        $1,350,000 Proposed Non-Conforming Maturity Schedule

 

                        NJSA 40A:2-11

                        $1,350,000 Proposed Waiver of Down Payment

 

          11:10 AM North Wildwood City                    

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

                        $1,850,000 Proposed Non-Conforming Maturity Schedule

                       

                        NJSA 40A:2-11

                        $1,850,000 Proposed Waiver of Down Payment

 

                        NJSA 40A:2-7(d)

                        $1,850,000 Proposed Extension of Credit

 

          

 

 

                                                

                                                 Page 3 of 5

 

 

           11:15 AM         North Wildwood City 

                        Cape May - NJSA 40A:2-11

                        $3,400,000 Proposed Waiver of Down Payment

 

                        NJSA 40A:2-7(d)

                        $3,400,000 Proposed Extension of Credit

 

               11:20 AM                        Morristown Town                        

                        Morris - NJSA 40A:2-7(d)

                        $1,853,000 Proposed Extension of Credit

                     

          11:25 AM    North Bergen Township                   

                        Hudson - NJSA 40A:3-4

                        $2,280,000 Proposed Qualified Bond Ordinance

 

          11:30 AM       Spotswood Borough                      

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

                        $1,261,000 Proposed Non-Conforming Maturity Schedule

 

               11:35 AM Newark City                             

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

                        $1,056,762 Proposed Non-Conforming Maturity Schedule

 

                        NJSA 40A:3-1

                        $1,056,762 Proposed Qualified Bond Ordinance

 

          11:40 AM Kearny Town                            

                        Hudson - NJSA 40A:2-51

                        $8,900,000 Proposed Refunding Bond Ordinance

 

          11:45 AM        Southeast Morris County Municipal Utilities Authority            

                        Morris - NJSA 40A:5A-6

                        $5,000,000 Proposed Project Financing

 

          11:50 AM           Delanco Sewerage Authority

                        Burlington - NJSA 40A:5A-6

                        $2,000,000 Proposed Project Financing

 

               11:55 AM Burlington County Bridge Commission                     

                        Burlington - NJSA 40A:5A-6

                        $95,000,000 Proposed Project Financing

 

                        NJSA 40A:5A-7

                        $95,000,000 Proposed County Guarantee

 

                        Burlington County

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

                        $45,300,000 Proposed Non-Conforming Maturity Schedule

 

                        Cinnaminson Township

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

                        $739,000 Proposed Non-Conforming Maturity Schedule 

                       

                   Maple Shade Township

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

                        $7,738,000 Proposed Non-Conforming Maturity Schedule

 

 

                                                                                                Page 4 of 5

 

 

 

          12:00 PM        Lumberton Township                     

                        Burlington - NJSA 40A:2-51

                        $5,590,000 Proposed Refunding Bond Ordinance

 

                        NJSA 40A:2-7(d)

                        $725,000 Proposed Extension of Credit

 

          12:05 PM   City of Jersey City                    

                        Hudson - NJSA 40A:3-1

                           $5,000,000 Proposed Qualified Bond Ordinance

 

                        NJSA 40A:3-1

                        $24,189,000 Proposed Qualified Bond Ordinance

 

                        NJSA 40A 2-7

                        $6,144,099 Proposed Extension of Credit

 

              12:07 PM   Long Branch Sewerage Authority

                        Monmouth – NJSA 40A:5A-7

                        $9,500,000 Proposed Service Agreement       

 

          12:10 PM           Marlboro Township Municipal Utilities Authority

                        Monmouth - NJSA 40A:5A-6

                        $2,200,000 Proposed Project Financing

 

          12:15 PM            Rahway Redevelopment Agency

                        Union - NJSA 40A:5A-6

                        $5,000,000 Proposed Project Financing

 

                        Union - NJSA 40A:12A-29(a)

                        $5,000,000 Proposed Private Sale of Bonds

 

          12:20 PM  Mercer County Improvement Authority

                                Hunterdon County Lease Project

                        Mercer - NJSA 40A:5A-6

                        $6,000,000 Proposed Project Financing

 

                        NJSA 40A:5A-7

                        Hunterdon County Lease Project

                        $6,000,000 Proposed Lease Agreement

                  

          12:25 PM Camden County Improvement Authority    

                        Camden - NJSA 40A:5A-6

                        $99,970,000 Proposed Project Financing

 

                        NJSA 40:37A-80

                        $99,970,000 Proposed County Guarantee

 

              12:30 PM                        Hamilton Township Fire District #2

                        Mercer – NJSA 40A:5A-6

                        $ 1,300,000 Proposed Project Financing

 

              12:35 PM                        Borough of Lawnside

                        Camden – NJSA 40A:4-45.3(ee)

                        $402,786 Proposed Cap Waiver (Surplus)

 

 

                       

 

                       

 

Page 5 of 5

 

 

 

               12:40 PM Orange City                            

                        Essex - NJSA 40A:3-1

                        $30,000,000 Proposed Qualified Bond Ordinance

 

                        NJSA 40A:2-7(d)

                        $30,000,000 Proposed Extension of Credit

 

                        NJSA 40A:2-26(e)

                        $30,000,000 Proposed Non-Conforming Maturity Schedule

 

          12:45 PM     Penns Grove Borough                    

                        Salem - NJSA 40A:5A-4

                        Proposed Creation of Redevelopment Agency

 

          12:50 PM         Richard J. Iadanza

                        Monmouth - NJSA 52:27BB-15

                        Appeal of Director's Decision

 

          12:55 PM   Camden City

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

                        Local Government Supervision Act Director's Update

                       

 

 

 

 

 

 

                                                                        Patricia Parkin McNamara

                                                                        Executive Secretary

                                                                        Local Finance Board

 

 

 

 

          Representatives of the News Media with a desire for further information regarding this Agenda,

          please follow DCA policy and contact E.J. Miranda, Department of Community Affairs Public

          Information Officer, (609) 292-6055.