AGENDA

LOCAL FINANCE BOARD

DATE: Wednesday, November 13, 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 Saddle Brook Township Board of Education

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

$3,750,000 Proposed School Refunding Bonds (ERI)

10:05 am Bergenfield Borough

Bergen - NJSA 40A:2-51

$1,750,000 Proposed Refunding Bond Ordinance (ERI)

10:10 am Cranford Township

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

$10,000,000 Proposed Non-Conforming Maturity Schedule

10:15 am Springfield Township

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

$7,024,000 Proposed Non-Conforming Maturity Schedule

10:20 am Fairfield Township

Cumberland - NJSA 40A:2-11

$2,200,000 Proposed Waiver of Down Payment

10:25 am South Orange-Maplewood Regional Board of Education

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

$10,200,000 Proposed School Refunding Bonds

10:30 am Somerville Borough Board of Education

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

$2,750,000 Proposed School Refunding Bonds (ERI)

Page 2 of 6

10:35 am Mount Olive Township Board of Education

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

$2,500,000 Proposed School Refunding Bonds (ERI)

10:40 am Piscataway Township Board of Education

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

$11,000,000 Proposed School Refunding Bonds

10:45 am Point Pleasant Borough Board of Education

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

$2,500,000 Proposed School Refunding Bonds

10:50 am Roxbury Township Board of Education

Morris - NJSA 18A:24-7

$20,511,000 Proposed Non-Conforming Maturity Schedule

10:55 am Franklin Township Board of Education

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

$12,000,000 Proposed School Refunding Bonds

11:00 am City of Union City

Hudson - NJSA 40A:3-1

$16,500,000 Proposed Qualified Bond Ordinance

NJSA 40A:2-51

$16,500,000 Proposed Refunding Bond Ordinance (ERI)

11:05 am Weehawken Township

Hudson - NJSA 40A:2-51

$4,600,000 Proposed Refunding Bond Ordinance (ERI)

11:10 am Ridgewood Village

Bergen - NJSA 40A:5A-4

Proposed Creation of a Municipal Utilities Authority

11:15 am Irvington Township

Essex - NJSA 40A:2-11

$1,325,000 Proposed Waiver of Down Payment

NJSA 40A:3-1

$1,325,000 Proposed Qualified Bond Ordinance

11:17 am City of Perth Amboy

Middlesex – NJSA 40A:2-51

$35,500,000 Proposed Refunding Bond Ordinance

NJSA 40A:2-7(d)

$35,500,000 Proposed Extension of Credit

NJSA 40A:3-1

$35,500,000 Proposed Qualified Bond Ordinance

Page 3 of 6

11:20 am Trenton City

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

$7,900,000 Proposed Extension of Credit

NJSA 40A:3-1

$7,900,000 Proposed Qualified Bond Ordinance

11:25 am Secaucus Town Board of Education

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

$975,000 Proposed School Refunding Bonds (ERI)

11:30 am Washington Borough Board of Education

Warren - NJSA 18A:24-7

$2,226,000 Proposed Non-Conforming Maturity Schedule

11:35 am Kingwood Township Board of Education

Hunterdon - NJSA 18A:24-7

$3,370,000 Proposed Non-Conforming Maturity Schedule

11:40 am Ventnor City

Atlantic - NJSA 40A:2-51

$7,400,000 Proposed Refunding Bond Ordinance

11:45 am Salem County Improvement Authority

Salem - NJSA 40A:5A-6

$17,800,000 Proposed Project Financing

11:50 am Pennsauken Township Sewerage Authority

Camden - NJSA 40A:5A-6

$2,755,000 Proposed Project Financing

11:53 am Camden City

Camden – NJSA 40A:3-1 et seq.

$19, 500,000 Proposed Amendment to Qualified Bond Ordinance

11:55 am Washington Township Fire District #1

Gloucester - NJSA 40A:5A-6

$1,304,165 Proposed Project Financing

12:00 pm Rahway Valley Sewerage Authority

Union - NJSA 40A:5A-6

$15,000,000 Proposed Project Financing

12:05 pm Cumberland County Improvement Authority

Cumberland - NJSA 40A:5A-6

$2,190,000 Proposed Project Financing

12:10 pm Camden County Improvement Authority

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

$3,600,000 Proposed Project Financing

Page 4 of 6

12:15 pm Manalapan Township Fire District #1

Monmouth - NJSA 40A:5A-6

$598,951 Proposed Project Financing

12:20 pm Matawan-Aberdeen Regional School District

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

$6,200,000 Proposed School Refunding Bonds (ERI)

$2,500,000 Proposed School Refunding Bonds

12:25 pm Lower Township Municipal Utilities Authority

Cape May - NJSA 40A:5A-7

$14,135,000 Proposed Service Contract

Cape May - NJSA 40A:5A-6

$14,135,000 Proposed Project Financing

12:30 pm Gloucester County Utilities Authority

Gloucester - NJSA 40A:5A-6

$11,000,000 Proposed Project Financing

12:33 pm Berlin Township

Camden – NJSA 40A:2-51

$1,000,000 Proposed Refunding Bond Ordinance

NJSA 40A:2-51

$6,700,000 Proposed Refunding Bond Ordinance

12:35 pm Monmouth County Improvement Authority

Monmouth - NJSA 40A:5A-6

$18,500,000 Proposed Project Financing

Aberdeen Township

Monmouth - NJSA 40A:2-51

$2,150,000 Proposed Refunding Bond Ordinance

Eatontown Borough

Monmouth - NJSA 40A:2-51

$1,750,000 Proposed Refunding Bond Ordinance

Manalapan Township

Monmouth - NJSA 40A:2-51

$2,250,000 Proposed Refunding Bond Ordinance

Wall Township

Monmouth - NJSA 40A:2-51

$2,500,000 Proposed Refunding Bond Ordinance

Middletown Township

Monmouth - NJSA 40A:2-51

$7,000,000 Proposed Refunding Bond Ordinance

Page 5 of 6

Monmouth County Bayshore Outfall Authority

Monmouth - NJSA 40A:5A-6

$1,750,000 Proposed Project Financing

12:40 pm Wildwood City

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

$1,050,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$1,050,000 Proposed Waiver of Down Payment

12:45 pm West New York Town

Hudson - NJSA 40A:2-11

$1,000,000 Proposed Waiver of Down Payment

12:47 pm West New York Town

Hudson – NJSA 40A:2-51

$5,650,000 Proposed Refunding Bond Ordinance (ERI)

12:50 pm Rahway Housing Authority

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

$1,500,000 Proposed Private Sale of Bonds

NJSA 40A:5A-6

$1,500,000 Proposed Project Financing

12:55 pm Somerset County Improvement Authority

Somerset - NJSA 40A:5A-6

$3,200,000 Proposed Project Financing

Somerset - NJSA 40A:5A-7

$3,200,000 Proposed County Guarantee

1:00 pm Somerset County Improvement Authority

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

$535,000 Proposed Project Financing

NJSA 40A:5A-7

$535,000 Proposed County Guarantee

1:05 pm Newark City

Essex - NJSA 40A:3-1

$2,606,454 Proposed Qualified Bond Ordinance

1:10 pm Mercer County Improvement Authority

Hunterdon County Lease Project

Mercer - NJSA 40A:5A-6

$6,000,000 Proposed Project Financing

NJSA 40A:5A-7

$6,000,000 Proposed Lease Agreement

Page 6 of 6

1:12 pm Weehawken Township

Hudson – NJSA 40A:4-45.3(e)

$1,300,000 Proposed CAP Waiver (Deficit)

1:15 pm Penns Grove Borough

Salem - NJSA 40A:5A-4

Proposed Creation of Redevelopment Agency

1:20 pm Camden City

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

Local Government Supervision Act Director's Update

1:25 pm Local Finance Board

State - 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.