AGENDA

LOCAL FINANCE BOARD

         DATE:  Wednesday, August 13, 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:

              10:00 am  Upper Freehold Regional School District

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

                              $5,600,000 Proposed School Refunding Bonds

              10:05 am  Barnegat Township                      

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

                              $2,500,000 Proposed Non-Conforming Maturity Schedule

              10:10 am  Holmdel Township                       

                              Monmouth - NJSA 40A:2-11

                              $7,200,000 Proposed Waiver of Down Payment

               10:15 am Roselle Borough                        

                              Union - NJSA 40A:2-51

                              $7,500,000 Proposed Refunding Bond Ordinance

              10:20 am  Old Bridge Township                    

                              Middlesex - NJSA 40A:2-51

                              $675,000 Proposed Refunding Bond Ordinance (ERI)

              10:25 am  Delanco Township                       

                              Burlington - NJSA 40A:2-11

                              1,500,000 Proposed Waiver of Down Payment

              10:30 am  Morristown Town

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

                              $2,242,000 Proposed Extension of Credit

              10:35 am  Little Falls Township                  

                              Passaic - NJSA 40A:2-51

                              $2,250,000 Proposed Refunding Bond Ordinance

Page 2 of 4

                                                        

              10:40 am  Garfield City                          

                              Bergen - NJSA 40A:2-51

                              $3,750,000 Proposed Refunding Bond Ordinance

              10:45 am  Woodbridge Township Fire District #5              

                              Middlesex - NJSA 40A:5A-6

                              $800,000 Proposed Project Financing

              10:50 am  Fairview Borough                       

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

                              $3,400,000 Proposed Non-Conforming Maturity Schedule

              10:55 am  Franklin Borough                 

                              Bergen - NJSA 40A:2-51

                              $400,000 Proposed Refunding Bond Ordinance (ERI)

                              NJSA 40A:2-51

                              $1,830,000 Proposed Refunding Bond Ordinance

              11:00 am  Oradell Borough                        

                              Bergen - NJSA 40A:2-11

                              $2,000,000 Proposed Waiver of Down Payment

              11:05 am  Sussex County Municipal Utilities Authority

                              Sussex - NJSA 40A:5A-6

                              $11,585,000 Proposed Project Financing

              11:10 am  Long Branch City                        

                              Monmouth - NJSA 40A:2-11

                              $3,200,000 Proposed Waiver of Down Payment

              11:15 am  North Bergen Township                  

                              Hudson - NJSA 40A:2-51

                              $10,200,000 Proposed Refunding Bond Ordinance

              11:20 am  Washington Township Municipal Utilities Authority

                              Gloucester - NJSA 40A:2-51

                              $9,750,000 Proposed Refunding Bond Ordinance

              11:25 am  Berkeley Township Sewerage Authority   

                              Ocean - NJSA 58:11B-9(a)

                              $4,750,000 Proposed Environmental Infrastructure Trust Program

                              NJSA 40A:5A-6

                              $4,750,000 Proposed Project Financing

              11:30 am  South Monmouth Regional Sewerage Authority      

                              Monmouth - NJSA 40A:5A-6

                              $18,000,000 Proposed Project Financing

              11:35 am  East Brunswick Township Fire District #3          

                              Middlesex - NJSA 40A:5A-6

                              $378,192 Proposed Project Financing

              11:40 am  New Providence Borough                 

                              Union - NJSA 40A:2-51

                              $4,900,000 Proposed Refunding Bond Ordinance

 

               11:45 am  Mine Hill Township

                              Morris – NJSA 40A:2-26

                              $2,912,000 Proposed Non-Conforming Maturity Schedule


Page 3 of 4

 

              11:50 am  (Old Business)

                              Clinton Township Sewerage Authority    

                              Hunterdon - NJSA 58:11B-9(a)

                              $625,000 Proposed Environmental Infrastructure Trust Program

                              NJSA 40A:5A-6

                              $625,000 Proposed Project Financing (Old Business)

              11:55 am  Kingsway Regional School District      

                              Gloucester - NJSA 18A:24-7

                              $16,914,019 Proposed Non-Conforming Maturity Schedule

                              NJSA 18A:24-23

                              $16,914,019 Proposed Extension of Credit

              12:00 pm  Howell Township Fire District #3                  

                              Monmouth - NJSA 40A:5A-6

                              $80,000 Proposed Project Financing

              12:05 pm  Trenton City                           

                              Mercer - NJSA 40A:3-1

                              $14,772,060 Proposed Qualified Bond Ordinance

                              NJSA 40A:2-7(d)

                              $14,772,060 Proposed Extension of Credit

              12:10 pm  Lower Township Municipal Utilities Authority

                              Cape May - NJSA 40A:5A-6

                              $6,000,000 Proposed Project Financing

              12:15 pm  Montclair Township

                              Essex - NJSA 40A:2-51

                              $3,800,000 Proposed Refunding Bond Ordinance

                              NJSA 40A:2-26(e)

                              $3,800,000 Proposed Non-Conforming Maturity Schedule (ERI)

              12:20 pm  Ridgewood Village                      

                              Bergen - NJSA 40A:5A-25

                              Proposed Water Rate Increase

               12:25 pm  Camden County

                              Camden - NJSA 40A:2-51

                              $37,500,000 Proposed Refunding Bond Ordinance

              12:30 pm  Monmouth County Improvement Authority  

                              Monmouth - NJSA 40A:5A-6

                                $15,000,000 Proposed Project Financing

              12:35 pm  Lakewood Township                      

                              Ocean - NJSA 40A:2-51

                              $1,300,000 Proposed Refunding Bond Ordinance (ERI)

              12:40 pm  Old Bridge Municipal Utilities Authority

                              Middlesex - NJSA 40A:5A-6

                              $10,400,000 Proposed Project Financing

                              NJSA 40A:5A-7

                              $10,400,000 Proposed Service Agreement


Page 4 of 4            

                             

              12:45 pm  City of Jersey City                    

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

                              $63,000,000 Proposed Non-Conforming Maturity Schedule

                              NJSA 40A:3-11

                              $63,000,000 Proposed Qualified Bond Ordinance

                              NJSA 40A:3-4

                              $63,000,000 Proposed Qualified Bond Ordinance

              12:50 pm  Hazlet Township                        

                              Monmouth - NJSA 40A:4-45.13

                              $3,310,000 Proposed Assumption of Services

                              NJSA 40A:5A-20

                              $3,310,000 Proposed Dissolution of Sewerage Authority

                              NJSA 40A:2-46

                              $3,310,000 Proposed Self-Liquidating Status

                              NJSA 40A:2-7(d)

                              $3,310,000 Proposed Extension of Credit

               12:55 pm  Washington Borough                     

                              Warren - NJSA 40A:5A-4

                              Proposed Creation of Fire District

                1:00 pm  Borough of Haledon                   

                              Passaic - NJSA 40A:5A-25

                              Proposed Water Rate Increase

                1:05 pm  Waterford Township                     

                              Camden - NJSA 40A:5A-20

                              Proposed Dissolution of Municipal Utilities Authority

                1:10 pm  Division of Local Government Services  

                              State - NJAC 5:30-2.9

                              Proposed New Rules Local Bond Law

                                                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.