AGENDA
LOCAL FINANCE BOARD
DATE: Wednesday, July 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 FOURTEEN (14)
APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**
10:00 am #1 Cranford Township
Union - NJSA 58:11B-9(a)
$5,500,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$5,500,000 Proposed
Non-Conforming Maturity Schedule
#2 Stafford Township
Ocean - NJSA 58:11B-9(a)
$11,400,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$11,400,000 Proposed
Non-Conforming Maturity Schedule
#3 West
Deptford Township
Gloucester - NJSA
58:11B-9(a)
$7,089,800 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$7,089,800 Proposed
Non-Conforming Maturity Schedule
#4 Cinnaminson Township Sewerage Authority
Burlington - NJSA
58:11B-9(a)
$2,250,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:5A-6
$2,250,000 Proposed
Project Financing
#5 Maple Shade Township
Burlington - NJSA
58:11B-9(a)
$3,750,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$3,750,000 Proposed
Non-Conforming Maturity Schedule
Page 2 of 5
#6 Roxbury Township
Morris - NJSA
58:11B-9(a)
$2,200,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-11
$2,200,000 Proposed
Waiver of Down Payment
NJSA 40A:2-26(e)
$2,200,000 Proposed Non-Conforming
Maturity Schedule
#7 Brigantine
City
Atlantic - NJSA
58:11B-9(a)
$2,500,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$2,500,000 Proposed
Non-Conforming Maturity Schedule
#8 Gloucester Township Municipal Utilities Authority
Camden - NJSA
58:11B-9(a)
$5,000,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:5A-6
$5,000,000 Proposed
Project Financing
#9 Washington
Township Municipal Utilities Authority
Gloucester
– NJSA 58:11B-9(a)
$850,000
Proposed Environmental Infrastructure Trust Program
NJSA
40A:5A-6
$850,000
Proposed Project Financing
#10 Bethlehem Township
Hunterdon - NJSA
58:11B-9(a)
$753,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$753,000 Proposed
Non-Conforming Maturity Schedule
#11 New Jersey Water Supply Authority
Hunterdon - NJSA
58:11B-9(a)
$1,287,500 Proposed
Environmental Infrastructure Trust Program
#12 Pohatcong Township
Warren - NJSA
58:11B-9(a)
$600,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$600,000 Proposed
Non-Conforming Maturity Schedule
#13 Secaucus
Town
Hudson - NJSA 58:11B-9(a)
$3,485,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-11
$3,485,000 Proposed
Waiver of Down Payment
NJSA 40A:2-26(e)
$3,485,000 Proposed
Non-Conforming Maturity Schedule
#14 West
Paterson Borough
Passaic - NJSA
58:11B-9(a)
$2,650,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$2,650,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$2,650,000 Proposed
Waiver of Down Payment
Page 3 of 5
10:20 am Lebanon Borough
Hunterdon – NJSA
58:11B-9(a)
$600,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$600,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$600,000 Proposed Waiver
of Down Payment
10:25 am Garfield City
Bergen – NJSA
58:11B-9(a)
$6,700,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$6,700,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$6,700,000 Proposed
Waiver of Down Payment
10:30 am Woodbridge Township Fire District #7
Middlesex – NJSA
40A:5A-6
$450,000 Proposed
Project Financing
10:35 am “Old Business”
Rahway
Valley Sewerage Authority
NJSA
58:11B-9(a)
$142,500,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:5A-6
$142,500,000 Proposed Project Financing
10:37 am Berkeley Township Sewerage Authority
Ocean – NJSA 58:11B-9(a)
$3,100,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:5A-6
$3,100,000 Proposed
Project Financing
10:40 am Evesham Township
Burlington – NJSA
40A:2-51
$7,000,000 Proposed
Refunding Bond Ordinance
10:45 am Camden County Improvement Authority
Camden – NJSA 40A:5A-6
$20,000,000 Proposed
Project Financing
NJSA 40:37A-80
$20,000,000 Proposed
County Guarantee
10:47 am North Brunswick
Township
Middlesex – NJSA
58:11B-9(a)
$1,500,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$1,500,000 Proposed
Non-Conforming Maturity Schedule
10:50
am Hardyston Township
Sussex – NJSA
40A:2-26(e)
$3,300,000 Proposed
Non-Conforming Maturity Schedule
Page
4 of 5
10:55 am Toms River Regional Board of Education
Ocean – NJSA
18A:24-61.5(1)
$25,000,000 Proposed
School Refunding Bonds (ERI)
11:00 am Union County Improvement Authority
Union - NJSA 40A:5A-6
$15,000,000 Proposed
Project Financing
(Capital
Equipment Lease)
NJSA 40A:5A-7
$15,000,000 Proposed
Security Agreement
11:03 am Beachwood Borough
Ocean - NJSA 58:11B-9(a)
$600,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$600,000 Proposed Non-Conforming Maturity Schedule
11:15 am Harrington Park Borough
Bergen - NJSA
40A:2-26(e)
$2,910,000 Proposed
Non-Conforming Maturity Schedule
11:20 am Morristown Town
Morris - NJSA 40A:2-7(d)
$1,822,000 Proposed
Extension of Credit
11:25 am Passaic City
Passaic - NJSA 40A:2-51
$4,500,000 Proposed
Refunding Bond Ordinance
NJSA 40A:3-1
$4,500,000 Proposed
Qualified Bond Ordinance
11:30 am Trenton City
Mercer - NJSA 40A:2-7(d)
$36,534,600 Proposed
Extension of Credit
NJSA 40A:2-11
$20,267,600 Proposed
Waiver of Down Payment
NJSA 40A:3-1
$36,534,600 Proposed
Qualified Bond Ordinance
11:35 am Teaneck Township
Bergen - NJSA 40A:2-51
$2,150,000 Proposed
Refunding Bond Ordinance
11:40 am Runnemede Borough
Camden - NJSA
40A:2-26(e)
$1,725,000 Proposed
Non-Conforming Maturity Schedule
11:45 am Point Pleasant Beach Borough
Ocean - NJSA 40A:2-11
$2,375,000 Proposed
Waiver of Down Payment
NJSA 40A:2-26(e)
$2,375,000 Proposed
Non-Conforming Maturity Schedule
11:50 am Wildwood City
Cape May - NJSA
40A:5A-25
$275,000 Proposed Water
Rate Increase
Page 5 of 5
11:55 am Deptford Township Fire District #1
Gloucester - NJSA
40A:5A-6
$2,500,000 Proposed
Project Financing
12:00 pm Old Bridge Township
Middlesex - NJSA
40A:5A-4
Proposed Creation of a
Redevelopment Agency
12:05 pm Hudson County Improvement Authority
Hudson - NJSA 40A:5A-6
$10,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$10,000,000 Proposed
Lease Agreement
12:10 pm Asbury Park City
Monmouth - NJSA 40A:2-51
$1,500,000 Proposed
Refunding Bond Ordinance
NJSA 40A:4-45.3(ee)
$1,500,000 Proposed CAP Waiver (Surplus)
12:15 pm Bloomingdale
Borough
Passaic - NJSA
40A:2-26(e)
$3,733,000 Proposed Non-Conforming Maturity Schedule
12:20
pm Weehawken Township
Hudson - NJSA 40A:2-51
$3,895,000 Proposed
Refunding Bond Ordinance
NJSA 40A:2-11
$3,895,000 Proposed Waiver of Down Payment
12:25 pm Consideration of
Director’s Recommendation
For State Aid to Certain Municipalities Under
The Special Municipal Aid Act
N.J.S.A. 52:27D-118.24 et seq.
12:30 pm Newark City
Essex - NJSA 58:11B-9(a)
$29,500,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$29,500,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:3-1
$29,500,000 Proposed
Qualified Bond Ordinance
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.