AGENDA

LOCAL FINANCE BOARD

         DATE:         Wednesday, April 14, 2004         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:

                       

**THE FOLLOWING TEN (10) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**

     10:00 am  #1      Englishtown Borough                    

                        Monmouth - NJSA 40A:2-51

                        $2,000,000 Proposed Refunding Bond Ordinance

                    #2         Roosevelt Borough Board of Education

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

                        $675,000 Proposed School Refunding Bonds

                    #3          Sayreville Borough                     

                        Middlesex - NJSA 40A:2-51

                        $550,000 Proposed Refunding Bond Ordinance (ERI)

                        NJSA 40A:2-51

                        $15,000,000 Proposed Refunding Bond Ordinance (General Obligation Bonds)

                    #4      Moorestown Township Board of Education 

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

                        $6,700,000 Proposed School Refunding Bonds

                    #5          Galloway Township Board of Education   

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

                        $14,150,000 Proposed School Refunding Bonds

                          #6  Mount Olive Township Board of Education

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

                        $32,500,000 Proposed School Refunding Bonds

                          #7  Marlboro Township Board of Education   

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

                        $34,500,000 Proposed School Refunding Bonds

 

 

 

 

 

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                         #8        Carneys Point Township                 

                        Salem - NJSA 40A:2-51

                        $5,700,000 Proposed Refunding Bond Ordinance

                         #9   Stafford Township                      

                        Ocean - NJSA 40A:2-51

                                $6,100,000 Proposed Refunding Bond Ordinance

                  #10             Chester Township Board of Education

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

                        $6,000,000 Proposed School Refunding Bonds

               10:15 am  Clifton City Board of Education        

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

                        $10,510,000 Proposed School Refunding Bonds

               10:20 am      Montville Township Board of Education  

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

                        $11,500,000 Proposed School Refunding Bonds

               10:25 am        Wayne Township                         

                        Passaic - NJSA 40A:2-51

                        $5,000,000 Proposed Refunding Bond Ordinance                                

          10:35 am        Hawthorne Borough                      

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

                              $6,292,000 Proposed Non-Conforming Maturity Schedule (General Improvement Bonds)

                        NJSA 40A:2-26(e)

                        $718,000 Proposed Non-Conforming Maturity Schedule (Water Utility Bonds)             

          10:40 am       Egg Harbor Township Board of Education

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

                                $59,500,000 Proposed School Refunding Bonds

 

               10:45 am  Readington Township Board of Education

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

                             $10,700,000 Proposed School Refunding Bonds                                    

          10:50 am      Mount Olive Township Board of Education

                        Morris - NJSA 18A:24-7

                        $32,280,000 Proposed Non-Conforming Maturity Schedule

          10:55 am        Fair Haven Borough Board of Education  

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

                        $3,650,000 Proposed School Refunding Bonds              

               11:00 am  West Morris Regional High School District       

                        Morris - NJSA 18A:24-7

                        $26,631,000 Proposed Non-Conforming Maturity Schedule         

               11:05 am  Edgewater Park Sewerage Authority      

                        Burlington - NJSA 40A:5A-6

                        $400,000 Proposed Project Financing              

 

               11:10 am  Camden County Improvement Authority

                        Camden - NJSA 40A:5A-6

                        $59,635,000 Proposed Project Financing

                        NJSA 40:37A-80

                        $59,635,000 Proposed County Guarantee

          11:15 am Camden County Municipal Utilities Authority

                        Camden - NJSA 40A:5A-6

                        $175,000,000 Proposed Project Financing

 

Page 3 of 4

          11:20 am        Middlesex County Improvement Authority 

                        Middlesex - NJSA 40A:5A-6

                        $15,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                             $15,000,000 Proposed County Guarantee

          11:25 am        Middlesex County Improvement Authority 

                        Middlesex - NJSA 40A:5A-6

                        $22,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                             $22,000,000 Proposed County Guarantee

          11:30 am         Somerset County Improvement Authority

                        Somerset - NJSA 40:37A-54(1)

                               $6,500,000 Proposed Project Financing

          11:35 am           Fort Lee Borough                       

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

                        $12,815,000 Proposed Non-Conforming Maturity Schedule

          11:40 am        Edgewater Borough                      

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

                                $9,190,000 Proposed Non-Conforming Maturity Schedule

               11:45 am  West Windsor Township

                        Mercer - NJSA 40A:2-51

                        $19,730,000 Proposed Refunding Bond Ordinance

          11:50 am         Princeton Township                     

                        Mercer - NJSA 40A:2-51

                        $3,100,000 Proposed Refunding Bond Ordinance                                

          11:55 am          Cranbury Township

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

                        $3,000,000 Proposed Extension of Credit

          12:00 pm           Florence Township Fire District #1                

                        Burlington - NJSA 40A:5A-6

                        $4,100,000 Proposed Project Financing

          12:05 pm Kearny Town                            

                        Hudson - NJSA 40A:2-11

                        $14,567,150 Proposed Waiver of Down Payment

                        NJSA 40A:3-1

                        $14,567,150 Proposed Qualified Bond Ordinance

                        NJSA 40A:2-26(e)

                        $14,567,150 Proposed Non-Conforming Maturity Schedule

                        NJSA 58:11B-9(a)

                        $14,567,150 Proposed Environmental Infrastructure Trust Program

          12:10 pm           Jackson Township Municipal Utilities Authority

                        Ocean - NJSA 40A:5A-6

                        $6,600,000 Proposed Project Financing

          12:15 pm   Essex County Improvement Authority     

                        Essex - NJSA 40A:5A-6

                        $270,000,000 Proposed Project Financing

 

 

 

 

Page 4 of 4

 

               12:17 pm  Mount Laurel Township             

                        Burlington - NJSA 40A:2-51

                        $11,500,000 Proposed Refunding Bond Ordinance

          12:20 pm  Prospect Park Borough                  

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

                        $98,582 Proposed CAP Waiver (Surplus)

          12:25 pm      Bridgewater Township                   

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

                        $1,780,000 Proposed CAP Waiver (Surplus)

          12:30 pm      Englishtown Borough                    

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

                        $40,466 Proposed CAP Waiver (Surplus)

          12:35 pm     Farmingdale Borough                    

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

                        $87,861 Proposed CAP Waiver (Surplus)

          12:40 pm        Middlesex County Utilities Authority   

                        Middlesex - NJSA 40A:5A-6

                                 Proposed Project Financing

          12:45 pm Burlington City                         

                        Burlington - NJSA 40A:5A-20

                        Proposed Dissolution of Redevelopment Agency

          12:50 pm         Lakehurst Borough                      

                        Ocean - NJSA 52:27BB-15

                        Appeal of Director's Decision

 

               12:55 pm  Division of Local Government Services

                        State – NJAC 5:30-3.7

                        Proposed New Rule Regarding Pension Contributions

                        NJAC 5:30-8.2

                        Proposed New Rule Regarding Surety Bond Coverage for CFO’s

                        NJAC 5:30-7.4

                        Proposed Rule Amendments Regarding Budget Review by the Director

                        NJAC 5:30-9.2

                        Proposed Rule Amendments Regarding Delinquent Local Unit Obligations

                        NJAC 5:30-16.2 and 16.3

                        Proposed Rule Amendments Regarding Changes for participation in GovConnect

 

                         

                     

                        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.