AGENDA
LOCAL FINANCE BOARD
DATE: Wednesday, April 13,
2005 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 FOUR (4) APPLICATIONS WILL BE CONSIDERED ON A
CONSENT AGENDA**
10:00 am #1 Rockaway Township Board of Education
Morris - NJSA
18A:24-61.5(1)
$8,250,000 Proposed
School Refunding Bonds
#2 South
Amboy City Board of Education
Middlesex - NJSA
18A:24-61.5(1)
$4,475,000 Proposed
School Refunding Bonds
#3 Little Silver Borough Board of Education
Monmouth - NJSA
18A:24-61.5(1)
$7,800,000 Proposed
School Refunding Bonds
#4 Phillipsburg Town Board of Education
Warren - NJSA
18A:24-61.5(1)
$2,300,000 Proposed
School Refunding Bonds
**THE FOLLOWING THREE (3) APPLICATIONS WILL BE
CONSIDERED ON A CONSENT AGENDA**
10:10
am #1 Livingston Township
Essex - NJSA 40A:2-51
$5,150,000 Proposed
Refunding Bond Ordinance
#2 Essex
County
Essex - NJSA 40A:2-51
$100,000,000 Proposed Refunding Bond Ordinance
#3 Montclair Township
Essex - NJSA 40A:2-51
$13,000,000 Proposed
Refunding Bond Ordinance
Page
2 of 5
10:20 am Edgewater Borough
Bergen - NJSA 40A:2-11
$5,000,000 Proposed
Waiver of Down Payment
10:25 am Prospect Park Borough
Passaic - NJSA
40A:4-45.3(ee)
$64,000 Proposed CAP
Waiver (Surplus)
10:30 am Allendale Borough
Bergen - NJSA 40A:2-51
$330,000 Proposed
Refunding Bond Ordinance
10:35 am Woodbridge Township
Middlesex - NJSA
40A:2-26(e)
$46,230,000 Proposed
Non-Conforming Maturity Schedule
10:40 am Saddle River Borough
Bergen - NJSA
58:11B-9(a)
$2,200,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$2,200,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$2,200,000 Proposed
Waiver of Down Payment
10:45 am Parsippany-Troy Hills Township Fire District
#4
Morris - NJSA 40A:5A-6
$425,000 Proposed
Project Financing
10:50 am Delanco Township Board of Education
Burlington - NJSA
18A:24-7
$6,761,000 Proposed
Non-Conforming Maturity Schedule
10:55
am Rahway Valley Sewerage
Authority
Union - NJSA 58:11B-9(a)
$85,000,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:5A-6
$85,000,000
Proposed Project Financing
11:00 am Lafayette Township
Sussex - NJSA
40A:4-45.3(ee)
$122,431 Proposed CAP
Waiver (Surplus)
11:05 am “Old Business”
West Windsor Township
Mercer - NJSA 40A:2-51
$19,730,000 Proposed Refunding Bond Ordinance
11:10 am Wall Township
Board of Education
Monmouth - NJSA
18A:24-61.5(1)
$32,400,000 Proposed
School Refunding Bonds
11:15 am Montclair Township
Essex - NJSA 40A:2-44(c)
$3,500,000 Proposed
Deduction from Gross Debt
NJSA 40A:2-11
$3,500,000 Proposed
Waiver of Down Payment
Page 3 of 5
11:20 am
Bergen County Utilities Authority
Bergen – NJSA 40A:5A-6
$3,500,000 Proposed Project
Financing
11:25 am Monmouth County Improvement Authority
Monmouth - NJSA 40A:5A-6
$20,500,000 Proposed
Project Financing
NJSA 40A:5A-7
$20,500,000 Proposed
Lease Agreement
11:30 am Gloucester County Utilities Authority
Gloucester - NJSA
40A:5A-6
$24,000,000 Proposed
Project Financing
11:35 am Barnegat Light Borough
Ocean - NJSA
40A:4-45.3(ee)
$84,000 Proposed CAP
Waiver (Surplus)
11:40 am Mainland Regional High School District
Atlantic - NJSA
18A:24-61.5(1)
$8,155,000 Proposed
School Refunding Bonds
11:45
am Deptford Township Municipal
Utilities Authority
Gloucester - NJSA
40A:5A-6
$8,690,000 Proposed
Project Financing
11:50 am Newark City
Essex - NJSA 18A:24-85
$63,700,000 Proposed
School Qualified Bond Ordinance
11:55 am Union Township Board of Education
Hunterdon - NJSA
18A:24-7
$2,900,000 Proposed
Non-Conforming Maturity Schedule
12:00 pm Essex County Improvement Authority
Essex - NJSA
40A:37A-54(1)
$13,000,000 Proposed
Project Financing
12:05 pm Essex County Improvement Authority
Essex - NJSA 40A:5A-6
$33,595,000 Proposed
Project Financing
12:07 pm Tewksbury Township
Hunterdon - NJSA
40A:2-51
$5,750,000 Proposed Refunding Bond Ordinance
12:10
pm Bridgewater
Township
Somerset - NJSA
40A:4-45.3(ee)
$2,330,000 Proposed CAP
Waiver (Surplus)
12:15 pm Livingston Township
Essex - NJSA 40A:2-11
$15,228,000 Proposed
Waiver of Down Payment
Page 4 of 5
12:20 pm Morris County Improvement Authority
Morris - NJSA 40A:5A-6
$20,000,000 Proposed
Project Financing
NJSA 40:37A-80
$20,000,000 Proposed County Guarantee
NJSA 40A:5A-7
$4,500,000 Proposed
Service Agreement
(Brick
Township)
NJSA 40:37A-80
$4,500,000 Proposed
Municipal Guarantee
(Brick
Township)
Morris
- NJSA 40A:5A-7
$13,500,000 Proposed
Service Agreement
(Denville
Township)
NJSA 40:37A-80
$13,500,000 Proposed Municipal
Guarantee
(Denville
Township)
12:25 pm Elizabeth
City
Union - NJSA 40A:2-26(e)
$14,500,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-51
$15,000,000 Proposed
Refunding Bond Ordinance
12:30 pm Jersey City
Hudson - NJSA 40A:2-51
$37,500,000 Proposed
Refunding Bond Ordinance
NJSA 18A:24-90
$37,500,000 Proposed
School Qualified Bonds
12:35 pm Jersey City
Hudson - NJSA 40A:3-1
$24,875,000 Proposed
Qualified Bond Ordinance
(General
Obligation Bonds)
NJSA
40A:2-7(d)
$24,875,000
Proposed Extension of Credit
NJSA
40A:2-26(e)
$24,875,000
Proposed Non-Conforming Maturity Schedule
NJSA 40A:3-1
$5,000,000 Proposed
Qualified Bond Ordinance
(Water
Bonds)
NJSA
40A:2-11
$5,000,000
Proposed Waiver of Down Payment
NJSA
40A:2-7(d)
$5,000,000
Proposed Extension of Credit
12:40 pm Keyport Borough Board of Education
Monmouth - NJSA
18A:24-61.5(1)
$2,700,000 Proposed School Refunding Bonds
Page 5 of 5
12:45
pm Hudson County
Improvement Authority
Hudson - NJSA 40:37A-44
et seq
$6,500,000 Proposed
Project Financing
NJSA 40A:5A-7
$6,500,000 Proposed
Municipal Agreement
NJSA
40A:5A-7
$6,500,000 Proposed
Lease Agreement
12:50 pm Wildwood City
Cape May - NJSA 40A:5A-25
Update on Water Rate Increase
12:55 pm Salem City Municipal
Port Authority
Salem - NJSA 40:68A-43.1
Proposed Municipal Port Authority Budget Approval
Patricia Parkin McNamara
Executive Secretary
Local Finance Board
All visitors to the Department of Community Affairs
Building are required to show personal
identification for admittance into the Building.
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.