AGENDA

LOCAL FINANCE BOARD

DATE: Wednesday, October 9, 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 Point Pleasant Beach Borough

Ocean - NJSA 40A:2-11(c)

$1,025,000 Proposed Waiver of Down Payment

10:05 am Millstone Township Board of Education

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

$8,800,000 Proposed School Refunding Bonds

10:10 am South Belmar Borough

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

$23,343 Proposed CAP Waiver (Surplus)

10:15 am Musconetcong Sewerage Authority

Sussex - NJSA 40A:5A-6

$13,500,000 Proposed Project Financing

10:25 am Mercer County

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

$75,000,000 Proposed Non-Conforming Maturity Schedule

10:30 am Essex County Utilities Authority

Essex - NJSA 40A:5A-6

$8,000,000 Proposed Project Financing

NJSA 40A:5A-7

$900,000 Proposed Deficiency Agreement

10:33 am Morris County

Morris - NJSA 40A:2-51

$55,000,000 Extension of Previously Approved Refunding Bond Ordinance

Page 2 of 6

10:35 am City of Paterson

Passaic - NJSA 40A:2-11

$2,050,000 Proposed Waiver of Down Payment

NJSA 40A:3-4

$2,050,000 Proposed Qualified Bond Ordinance

10:40 am Mercer County Improvement Authority

Mercer - NJSA 40A:5A-6

$17,000,000 Proposed Project Financing

NJSA 40A:5A-7

$17,000,000 Proposed Service Agreement(s)

10:45 am Mercer County Improvement Authority

Hunterdon County Lease Project

Mercer - NJSA 40A:5A-7

$6,000,000 Proposed Lease Agreement

NJSA 40A:5A-6

$6,000,000 Proposed Project Financing

10:50 am Evesham Municipal Utilities Authority

Burlington - NJSA 40A:5A-6

$35,000,000 Proposed Project Financing

10:55 am Monmouth County Improvement Authority

Monmouth - NJSA 40A:5A-6

$45,000,000 Proposed Project Financing

Atlantic Highlands Borough

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

$7,527,000 Proposed Non-Conforming Maturity Schedule

Keyport Borough

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

$5,305,000 Proposed Non-Conforming Maturity Schedule

11:00 am Hoboken City

Hudson- NJSA 40A:2-11(c)

$1,000,000 Proposed Waiver of Down Payment

11:05 am Hoboken City

Hudson - NJSA 40A:5A-20

$35,000,000 Proposed Dissolution of Parking Authority

11:10 am Plainsboro Township

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

$7,888,000 Proposed Non-Conforming Maturity Schedule

11:13 am City of Newark

Essex – NJSA 40A:3-1et seq.

Fully Funded Capital Ordinance

Page 3 of 6

11:15 am Morristown Town

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

$12,500,000 Proposed Extension of Credit

NJSA 40A:2-51

$12,500,000 Proposed Refunding Bond Ordinance

11:17 am Millstone Township Fire District #1

Monmouth - NJSA 40A:5A-6

$600,000 Proposed Project Financing

11:20 am Kearny Municipal Utilities Authority

Hudson - NJSA 40A:5A-6

$13,000,000 Proposed Project Financing

11:25 am East Brunswick Township

Middlesex - NJSA 40A:2-51

$10,500,000 Proposed Refunding Bond Ordinance

11:30 am South Amboy City

Middlesex - NJSA 40A:4-45.3(e)

$253,364 Proposed CAP Waiver (Deficit)

11:35 am Peapack Gladstone Borough

Somerset - NJSA 40A:2-51

$3,000,000 Proposed Refunding Bond Ordinance

11:40 am Hawthorne Borough

Passaic - NJSA 40A:2-51

$1,400,000 Proposed Refunding Bond Ordinance

11:45 am Camden City

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

$1,650,000 Proposed Extension of Credit

NJSA 40A:3-1

$1,650,000 Proposed Qualified Bond Ordinance

11:50 am Waterford Township

Camden - NJSA 40A:2-11

$500,000 Proposed Waiver of Down Payment

11:55 am Winslow Township Board of Education

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

$23,000,000 Proposed School Refunding Bonds

12:00 pm Gloucester Township Board of Education

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

$23,850,000 Proposed School Refunding Bonds

12:05 pm Maple Shade Township Board of Education

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

$7,350,000 Proposed School Refunding Bonds

Page 4 of 6

12:10 pm Mount Laurel Township Board of Education

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

$2,300,000 Proposed School Refunding Bonds (ERI)

12:15 pm Ewing Township Board of Education

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

$5,100,000 Proposed School Refunding Bonds (ERI)

12:20 pm Woodbury City

Gloucester - NJSA 40A:2-51

$1,350,000 Proposed Refunding Bond Ordinance (ERI)

12:25 pm Hunterdon County

Hunterdon - NJSA 40A:2-51

$9,500,000 Proposed Refunding Bond Ordinance

NJSA 40A:2-51

$3,500,000 Proposed Refunding Bond Ordinance (ERI)

12:30 pm North Bergen Township Board of Education

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

$4,250,000 Proposed School Refunding Bonds (ERI)

1:00 pm Verona Township Board of Education

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

$1,650,000 Proposed School Refunding Bonds (ERI)

1:05 pm Teaneck Township Board of Education

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

$6,450,000 Proposed School Refunding Bonds (ERI)

1:10 pm Teaneck Township Board of Education

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

$4,750,000 Proposed School Refunding Bonds

1:15 pm Carteret Borough Board of Education

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

$2,450,000 Proposed School Refunding Bonds (ERI)

1:20 pm East Orange City

Essex - NJSA 40A:2-51

$9,500,000 Proposed Refunding Bond Ordinance (ERI)

Essex – NJSA 40A:3-1

$9,500,000 Proposed Qualified Bond Ordinance (ERI)

1:25 pm Passaic City

Passaic - NJSA 40A:2-51

$8,000,000 Proposed Refunding Bond Ordinance (ERI)

1:30 pm City of Jersey City

Hudson - NJSA 40A:3-1 et seq.

$5,000,000 Proposed Qualified Bond Ordinance

NJSA 40A:3-1 et seq.

$24,189,000 Proposed Qualified Bond Ordinance

Page 5 of 6

NJSA 40A:2-7(d)

$6,144,099 Proposed Extension of Credit

NJSA 40A:3-1 et seq.

$2,200,000 Proposed Qualified Bond Ordinance

NJSA 40A:2-7(d)

$2,200,000 Proposed Extension of Credit

NJSA 40A:3-1 et seq.

$1,900,000 Proposed Qualified Bond Ordinance

NJSA 40A:2-7(d)

$1,900,000 Proposed Extension of Credit

1:35 pm Mainland Regional High School District

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

$2,800,000 Proposed School Refunding Bonds (ERI)

1:40 pm Lawrence Township Board of Education

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

$3,500,000 Proposed School Refunding Bonds (ERI)

1:45 pm Wall Township Board of Education

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

$6,250,000 Proposed School Refunding Bonds (ERI)

1:50 pm Bayonne City

Hudson - NJSA 40A:3-1

$16,000,000 Proposed Qualified Bond Ordinance (ERI)

NJSA 40A:2-51

$16,000,000 Proposed Refunding Bond Ordinance (ERI)

1:55 pm Kearny Town

Hudson - NJSA 40A:3-1 et seq.

$20,871,540 Proposed Qualified Bond Ordinance (G.O.)

NJSA 40A:2-26(e)

$16,000,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:3-1 et seq.

$1,463,310 Proposed Qualified Bond Ordinance (Water Utility)

NJSA 40A: 2-11(c)

$1,463,310 Proposed Waiver of Down Payment (Water Utility)

NJSA 40A: 3-1 et seq.

$18,000,000 Proposed Qualified Bond Ordinance (G.O. Refunding)

NJSA 40A:2-51

$18,000,000 Proposed Refunding Bond Ordinance (G.O. Refunding)

NJSA 40A:3-1 et seq.

$8,900,000 Proposed Qualified Bond Ordinance (ERI)

Page 6 of 6

NJSA 40A:2-51

$8,900,000 Proposed Refunding Bond Ordinance (ERI)

NJSA 4-45.3(e)

$5,528,674 Proposed CAP Waiver (Deficit)

2:00 pm Penns Grove Borough

Salem - NJSA 40A:5A-4

Proposed Creation of Redevelopment Agency

2:05 pm Camden City

NJSA 52:27BB-54 et seq.

Local Government Supervision Act Director’s Update

2:10 pm Local Finance Board

P.L. 2002, c.42

Discussion of Parameters for Refunding Unfunded Liabilities

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.