AGENDA

LOCAL FINANCE BOARD

DATE: Wednesday, March 12, 2003 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:

9:55 am Local Finance Board

Discussion Regarding Proposed Board Policy

for Receipt of Final Costs of Issuance Data

10:00 am Dumont Borough

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

$3,250,000 Proposed Non-Conforming Maturity Schedule

10:05 am Palisades Park Borough

Bergen - NJSA 40A:2-11

$3,000,000 Proposed Waiver of Down Payment

10:07 am (Old Business)

Bergen County Improvement Authority

Borough of Wanaque

Passaic – NJSA 40A:2-51

$480,000 Proposed Supplemental Appropriation Bond Ordinance (ERI)

10:10 am Haworth Borough

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

$1,853,000 Proposed Non-Conforming Maturity Schedule

10:15 am Pequannock, Lincoln Park, Fairfield Sewerage Authority

Morris - NJSA 40A:5A-6

$18,000,000 Proposed Project Financing

Page 2 of 4

10:20 am Audubon Borough Board of Education

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

$800,000 Proposed School Refunding Bonds (ERI)

10:25 am Fairfield Township Board of Education

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

$500,000 Proposed School Refunding Bonds (ERI)

10:30 am Moonachie Borough Board of Education

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

$310,000 Proposed School Refunding Bonds (ERI)

10:35 am Milltown Borough Board of Education

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

$750,000 Proposed School Refunding Bonds (ERI)

10:40 am North Bergen Township

Hudson - NJSA 40A:2-51

$1,800,000 Proposed Refunding Bond Ordinance (ERI)

NJSA 40A:3-1

$1,800,000 Proposed Qualified Bond Ordinance

10:45 am Hoboken City

Hudson - NJSA 40A:2-51

$8,250,000 Proposed Refunding Bond Ordinance (ERI)

10:50 am South Toms River Sewerage Authority

Ocean - NJSA 40A:5A-6

$500,000 Proposed Project Financing

10:55 am Maurice River Township Fire District #4

Cumberland - NJSA 40A:5A-6

$220,000 Proposed Project Financing

11:00 am Washington Township Board of Education

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

$7,400,000 Proposed School Refunding Bonds

11:05 am Burlington Township Board of Education

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

$4,800,000 Proposed School Refunding Bonds

11:10 am Cape May County Municipal Utilities Authority

Cape May - NJSA 40A:5A-6

$21,000,000 Proposed Project Financing

Page 3 of 4

11:15 am Mercer County Improvement Authority

Mercer - NJSA 40A:5A-6

$17,500,000 Proposed Project Financing

NJSA 40A:5A-7

$17,500,000 Proposed County Lease Agreement

NJSA 40A:5A-7

$4,250,000 Proposed County Lease Agreement

NJSA 40A:5A-6

$4,250,000 Proposed Project Financing

11:20 am Camden County Improvement Authority

Camden - NJSA 40A:5A-7

$35,000,000 Proposed County Guarantee (Camden County)

NJSA 40A:5A-7

$35,000,000 Proposed Service Contract

(Casino Reinvestment Development Authority)

NJSA 40A:5A-6

$35,000,000 Proposed Project Financing

11:25 am Camden County Improvement Authority

Camden - NJSA 40:37A-80

$2,000,000 Proposed County Guarantee

NJSA 40A:5A-6

$4,000,000 Proposed Project Financing

NJSA 40:37A-54(1)

$4,000,000 Proposed Project Financing

11:30 am Gloucester County Improvement Authority

Gloucester - NJSA 40:37A-80

$30,000,000 Proposed County Guarantee

NJSA 40A:5A-6

$30,000,000 Proposed Project Financing

11:35 am Haddon Heights Board of Education

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

$825,000 Proposed School Refunding Bonds (ERI)

11:40 am Sussex County

Sussex - NJSA 40A:2-51

$4,100,000 Proposed Refunding Bond Ordinance (ERI)

11:45 am City of Newark Housing Authority

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

$4,500,000 Proposed Sale of Bonds

NJSA 40A:5A-6

$4,500,000 Proposed Project Financing (ERI)

Page 4 of 4

11:50 am Middlesex County Improvement Authority

Middlesex - NJSA 40A:5A-6

$16,000,000 Proposed Project Financing

NJSA 40A:5A-7

$16,000,000 Proposed County Guarantee

11:55 am Union County Improvement Authority

Union - NJSA 40A:5A-6

$15,000,000 Proposed Project Financing

12:00 pm Union County Improvement Authority

Union - NJSA 40A:5A-6

$4,500,000 Proposed Project Financing

NJSA 40:37A-80

$4,500,000 Proposed County Guarantee

NJSA 40A:5A-7

$4,500,000 Proposed Deficiency Agreement

12:05 pm Local Finance Board

Discussion Regarding Recommendations Contained

in the Office of Inspector General Review on School

Construction Bond Financing, January 2002

12:10 pm Division of Local Government Services

State – NJAC 5:30-9A

Proposed Adoption of New Rules

(Disbursements Without Vendor Certification)

12:15 pm Salem City Municipal Port Authority

Salem - NJSA 40:68A-43.1

Proposed Approval of Port Authority Budget

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.