AGENDA
LOCAL FINANCE
BOARD
DATE: Wednesday, December 11, 2002 LOCATION: Department of Community Affairs
Conference
Room #129
101
South Broad Street
Trenton, New Jersey 08625-0803
TIME: 9:00 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 TWENTY-ONE
(21) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**
9:30
am #1 Passaic County
Passaic - NJSA 40A:2-51
$6,800,000 Proposed Refunding Bond Ordinance (ERI)
#2 Brick Township Board
of Education
Ocean
- NJSA 18A:24-61.5(1)
$4,645,000 Proposed School Refunding Bonds (ERI)
#3 Springfield
Township Board of Education
Union
- NJSA 18A:24-61.5(1)
$1,150,000 Proposed School Refunding Bonds (ERI)
#4 Monroe Township
Middlesex - NJSA 40A:2-51
$1,250,000 Proposed Refunding Bond Ordinance (ERI)
#5 West Orange
Township
Essex - NJSA 40A:2-51
$1,800,000 Proposed Refunding Bond Ordinance (ERI)
#6 Pittsgrove
Township Board of Education
Salem - NJSA 18A:24-61.5(1)
$550,000 Proposed School Refunding Bonds (ERI)
Page 2 of 8
#7 Lyndhurst
Township Board of Education
Bergen - NJSA 18A:24-61.5(1)
$2,200,000 Proposed School Refunding Bonds (ERI)
#8 Lodi Borough Board
of Education
Bergen - NJSA 18A:24-61.5(1)
$3,500,000 Proposed School Refunding Bonds (ERI)
#9 Lenape Regional High
School District
Burlington - NJSA 18A:24-61.5(1)
$4,700,000 Proposed School Refunding Bonds (ERI)
#10 Howell Township Board
of Education
Monmouth - NJSA 18A:24-61.5(1)
$4,000,000 Proposed School Refunding Bonds (ERI)
#11 Monroe Township Board of Education
Middlesex
- NJSA 18A:24-61.5(1)
$2,000,000 Proposed School Refunding Bonds (ERI)
#12 Garfield City
Bergen - NJSA 40A:2-51
$1,600,000 Proposed Refunding Bond Ordinance (ERI)
#13 Brick
Township
Ocean - NJSA 40A:2-51
$5,000,000 Proposed Refunding Bond Ordinance (ERI)
#14 Brielle Borough Board
of Education
Monmouth - NJSA 18A:24-61.5(1)
$350,000 Proposed School Refunding Bonds (ERI)
#15 Jackson
Township Board of Education
Ocean - NJSA 18A:24-61.5(1)
$6,600,000 Proposed School Refunding Bonds (ERI)
#16 Clifton City
Passaic - NJSA 40A:2-51
$1,450,000 Proposed Refunding Bond Ordinance (ERI)
#17 Lodi Borough
Bergen - NJSA 40A:2-51
$1,450,000 Proposed Refunding Bond Ordinance (ERI)
#18 Hamilton
Township
Mercer - NJSA 40A:2-51
$5,600,000 Proposed Refunding Bond Ordinance (ERI)
#19 Fort Lee
Borough
Bergen - NJSA 40A:2-51
$4,300,000 Proposed Refunding Bond Ordinance (ERI)
Page 3 of 8
#20 Paramus
Borough
Bergen - NJSA 40A:2-51
$2,500,000 Proposed Refunding Bond Ordinance (ERI)
#21 Englewood City
Bergen
- NJSA 40A:2-51
$3,600,000
Proposed Refunding Bond Ordinance (ERI)
9:45 am Edgewater
Borough
Bergen - NJSA 40A:2-11
$5,500,000 Proposed Waiver of Down
Payment
9:50 am Guttenberg Town
Hudson
- NJSA 40A:2-26(e)
$2,230,000
Proposed Non-Conforming Maturity Schedule
9:55 am Manchester Township
Ocean - NJSA 40A:2-51
$1,870,000 Proposed Refunding Bond Ordinance (ERI)
$15,015,000
Proposed Refunding Bond Ordinance
10:00 am Dover Municipal
Utilities Authority
Ocean
– NJSA 40A:5A-6
$12,250,000
Proposed Project Financing
10:05 am Lacey Municipal Utilities Authority
Ocean - NJSA 40A:5A-7
$23,500,000 Proposed Security Agreement
NJSA 40A:5A-6
$23,500,000Proposed Project Financing
10:10 am Monroe Township
Middlesex - NJSA 40A:2-51
$4,650,000 Proposed Refunding Bond Ordinance
10:15 am Union Beach Borough
Monmouth - NJSA 40A:2-51
$675,000 Proposed Refunding Bond Ordinance
10:20 am Washington Township
Mercer - NJSA 40A:2-51
$1,550,000 Proposed Refunding Bond Ordinance
NJSA 40A:2-7
$1,550,000 Proposed Extension of Credit
10:25
am Neptune
Township Sewerage Authority
Monmouth - NJSA 40A:5A-6
$20,000,000 Proposed Project Financing
Page 4 of 8
10:30 am Mercer
County
Mercer - NJSA 40A:2-51
$27,500,000 Proposed Refunding Bond Ordinance
10:35 am Mercer
County
Mercer - NJSA 40A:2-26(e)
$15,000,000 Proposed Non-Conforming Maturity Schedule
10:40 am Bergen
County Improvement Authority
Bergen
- NJSA 40A:5A-6
$35,000,000 Proposed Project Financing
NJSA
40A:5A-7
$35,000,000
Proposed County Guarantee
NJSA
18A:24-61.5
Proposed
School Refunding Bond (ERI)
$930,000 Allendale Borough Board of
Education
$3,555,000 Englewood City Board of
Education
$3,255,000 North
Arlington Borough Board of Education
$1,335,000 Palisades
Park Borough Board of Education
NJSA
40A:2-51
Proposed
Refunding Bond Ordinance (ERI)
$1,050,000 Hackensack
City
$1,105,000 Edgewater
Borough
$725,000 Bogota Borough
$955,000 Dumont Borough
$1,430,000 Elmwood Park
Borough
$865,000 Englewood
Cliffs Borough
$470,000 Fairview
Borough
$960,000 North Arlington
Borough
$410,000 Palisades Park
Borough
$410,000 West Paterson
Borough (Passaic)
$10,285,000 County of
Bergen
$1,105,000 County of
Bergen
$2,910,000 County of
Bergen
$355,000 Wanaque Borough (Passaic)
10:45 am East Orange City
Essex - NJSA 40A:2-7
$14,000,000 Proposed Extension of Credit
NJSA 40A:3-1
$14,000,000 Proposed Qualified Bond Ordinance
10:50 am Wayne Township Board of Education
Passaic - NJSA 18A:24-7
$59,970,769 Proposed Non-Conforming Maturity Schedule
NJSA 18A:24-9.1
$59,970,769 Proposed Redemption Provision
Page 5 of 8
10:55
am Lyndhurst
Township
Bergen - NJSA 40A:2-51
$6,250,000 Proposed Refunding Bond Ordinance
$1,800,000
Proposed Refunding Bond Ordinance (ERI)
11:00 am Keyport Borough
Monmouth - NJSA 40A:2-26(e)
$6,100,000 Proposed Non-Conforming Maturity Schedule
11:05 am Gloucester Township
Camden - NJSA 40A:2-26(e)
$7,683,000 Proposed Non-Conforming Maturity Schedule
11:10 am
Lindenwold Borough
Camden - NJSA 40A:2-26(e)
$4,634,000 Proposed Non-Conforming Maturity Schedule
11:15 am Berlin
Borough Board of Education
Camden - NJSA 18A:24-7
$4,911,000 Proposed Non-Conforming Maturity Schedule
11:20 am Salem County Utilities Authority
Salem - NJSA 40A:5A-6
$7,250,000 Proposed Project Financing
11:25 am South Harrison Township Board of Education
Gloucester - NJSA 18A:24-61.5(1)
$1,500,000 Proposed School Refunding Bonds
11:30 am Chesterfield Township Board of Education
Burlington - NJSA 18A:24-23
$15,500,000 Proposed Extension of Credit
NJSA 18A:24-7
$15,500,000 Proposed Non-Conforming Maturity Schedule
NJSA 18A:24-9.1
$15,500,000 Proposed Redemption Provisions
11:35 am Henry Hudson Regional School District
Monmouth - NJSA 18A:24-7
$10,340,000 Proposed Non-Conforming Maturity Schedule
11:40
am Princeton
Borough
Mercer - NJSA 40A:2-46
$13,500,000 Proposed Self-Liquidating Status
11:45 am Clearview Regional High School Board of Education
Gloucester - NJSA 18A:24-7
$23,867,000
Proposed Non-Conforming Maturity Schedule
Page 6 of 8
11:50 am Spotswood
Borough Board of Education
Middlesex - NJSA 18A:24-61.5(1)
$1,000,000 Proposed School Refunding Bonds (ERI)
$2,950,000
Proposed School Refunding Bonds
11:55
am Lumberton
Township Board of Education
Burlington - NJSA 18A:24-61.5(1)
$1,600,000 Proposed School Refunding Bonds
12:00 pm Matawan-Aberdeen
Regional School District
Monmouth - NJSA 18A:24-7
$25,960,000 Proposed Non-Conforming Maturity Schedule
12:05 pm Camden County Improvement Authority
Camden - NJSA 40:37A-80
$39,500,000 Proposed County Guarantee
NJSA 40A:5A-6
$39,500,000 Proposed Project Financing
12:10 pm Hudson County
Improvement Authority
Hudson
– NJSA 40A:5A-6
$15,000,000
Proposed Project Financing
12:15 pm Mercer County Improvement Authority
Mercer - NJSA 40A:5A-7
$7,300,000 Proposed Security Agreement
NJSA 40A:5A-6
$7,300,000 Proposed Project Financing
12:20 pm Delanco Sewerage Authority
Burlington - NJSA 40A:5A-7
$2,000,000 Proposed Service Agreement
12:25 pm Berlin Township
Camden
– NJSA 40A:2-51, -54, -55
$7,700,000
Proposed Refunding Bond Ordinance
12:30 pm Parsippany
- Troy Hills Township
Morris - NJSA 40A:2-51
$10,800,000 Proposed Refunding Bond Ordinance
12:35 pm Montclair
Township Parking Authority
Essex - NJSA 40A:5A-7
$8,000,000 Proposed Township Guarantee
NJSA 40A:5A-6
$8,000,000
Proposed Project Financing
Page 7 of 8
12:40
pm Morris County
Improvement Authority
Morris
- NJSA 40A:5A-7
$26,500,000 Proposed County Guarantee
NJSA 40A:5A-6
$26,500,000
Proposed Project Financing (ERI)
NJSA
40A:2-51
Proposed
Refunding Bond Ordinance
$5,607,000 Morris County
$171,994 Mine Hill
Township
$860,000 Morris Township
$470,000 Morris Plains
Borough
$685,000 Mount Olive
Township
$1,073,508 Roxbury
Township
NJSA
18A:24-61.5
Proposed
School Refunding Bonds
$640,000 Chester Township Board of
Education
$2,440,000 Mount Olive Township Board of
Education
$5,480,000 Roxbury Township Board of
Education
12:45 pm Bergen
County Utilities Authority
Bergen - NJSA 40A:5A-6
$12,000,000 Proposed Project Financing
12:50 pm City of Paterson
Passaic - NJSA 40A:2-11
$10,942,000 Proposed Waiver of Down Payment
NJSA 40A:3-4
$10,942,000 Proposed Qualified Bond Ordinance
12:55 pm Trenton
City
Mercer - NJSA 40A:3-1
$38,000,000 Proposed Qualified Bond Ordinance (ERI)
NJSA 40A:2-51
$38,000,000 Proposed Refunding Bond Ordinance
NJSA 40A:2-7(d)
$18,250,000 Proposed Extension of Credit
1:00 pm Weehawken
Township
Hudson - NJSA 40A:4-45.3(e)
$1,315,500 Proposed CAP Wavier (Deficit)
1:05 pm Ridgewood
Village
Bergen - NJSA 40A:5A-25
Proposed
Water Rate Increase
Page 8 of 8
1:10 pm Union County Improvement Authority
Union - NJSA 40A:5A-24
$4,900,000 Proposed Renewal of Notes
1:15 pm Camden City Redevelopment Agency
In the Matter of the Annual Audit of the Camden Redevelopment Agency for the 2001 Fiscal Year
1:20 pm Joint Meeting of Essex and Union Counties
Union - NJSA 58:27-19
Proposed
Public Private Contract (Wastewater Treatment)
1:25
pm Division of Local Government
Services
State
– NJAC 5:30-14.49
Proposed
Adoption of Rule Amendment
NJAC
5:30-14.63