AGENDA

LOCAL FINANCE BOARD

         DATE:         Wednesday, May 11, 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 THREE (3) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**

                       

         10:00 am  #1  Gloucester City Board of Education     

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

                        $6,355,000 Proposed School Refunding Bonds

                    #2          Barnegat Township                      

                        Ocean - NJSA 40A:2-51

                        $3,000,000 Proposed Refunding Bond Ordinance

                    #3        Greenwich Township Board of Education

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

                        $8,000,000 Proposed School Refunding Bonds

          10:05 am         Woolwich Township                      

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

                        $130,500 Proposed CAP Waiver (Surplus)

          10:10 am Boonton Town                            

                        Morris – NJSA 40A:2-11

                        $5,000,000 Proposed Waiver of Down Payment

          10:15 am Brick Township Fire District #1

                        Ocean - NJSA 49A:5A-6

                        $442,248 Proposed Project Financing

 

 

 

 

 Page 2 of 5

 

          10:20 am      Englishtown Borough                    

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

                        $163,478 Proposed CAP Waiver (Surplus)

          10:25 am Logan Township                         

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

                        $98,381 Proposed CAP Waiver (Surplus)

          10:30 am      Ocean Gate Borough                     

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

                        $143,000 Proposed CAP Waiver (Surplus)

          10:35 am  Paterson City

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

                        $18,999,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:3-1

                        $18,999,000 Proposed Qualified Bond Ordinance

          10:40 am  Bergen County Improvement Authority

                        (Board of Social Services, Series 2005)    

                        Bergen - NJSA 40A:5A-6

                        $23,500,000 Proposed Project Financing

                        NJSA 40:37A-80

                        $23,500,000 Proposed County Guarantee

          10:45 am        Middlesex County Improvement Authority

                                    (Capital Equipment Lease Program) 

                        Middlesex - NJSA 40A:5A-6

                        $18,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $18,000,000 Proposed County Guarantee 

          10:50 am Roselle Borough                        

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

                        $4,363,000 Proposed Non-Conforming Maturity Schedule

          10:55 am        Monmouth County Bayshore Outfall Authority

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

                        $750,000 Proposed Environmental Infrastructure Trust Program

                        NJSA 40A:5A-6

                        $750,000 Proposed Project Financing 

          11:00 am        Monmouth County Improvement Authority

                             (Shrewsbury Hose Company No. 1 Project)  

                        Monmouth - NJSA 40A:5A-6

                        $2,500,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $2,500,000 Proposed Municipal Guarantee

                        NJSA 40:37A-54(1)

                        $2,500,000 Proposed Project Financing

 

 

 

 

 

Page 3 of 5

          11:05 am        Monmouth County Improvement Authority

                               (County Guaranteed Pooled Equipment Lease Revenue Bonds, Series 2005)  

                        Monmouth - NJSA 40A:5A-6

                        $50,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $50,000,000 Proposed County Guarantee

                        NJSA 40:37A-80

                        $225,000 Proposed Municipal Guarantee

                        (Spring Lake Heights Borough)

                        NJSA 40:37A-80

                        $815,000 Proposed Municipal Guarantee

                        (Holmdel Township)

          11:10 am        Monmouth County Improvement Authority

                            (Asbury Park Wastewater Treatment Facility Project)  

                        Monmouth - NJSA 40A:5A-6

                        $20,500,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $20,500,000 Proposed Lease Agreement

          11:15 am Lenape Regional High School District

                        Burlington - NJSA 18A:24-7

                        $56,859,000 Proposed Non-Conforming Maturity Schedule

          11:20 am          Westville Borough Board of Education

                        Gloucester - NJSA 18A:24-7

                        $1,129,000 Proposed Non-Conforming Maturity Schedule

          11:25 am    Collingswood Borough Board of Education

                        Camden - NJSA 18A:24-7

                        $20,176,000 Proposed Non-Conforming Maturity Schedule

          11:30 am Haddon Heights Borough Board of Education

                        Camden - NJSA 18A:24-7

                        $13,569,000 Proposed Non-Conforming Maturity Schedule

          11:35 am Absecon City                           

                        Atlantic - NJSA 40A:4-45.3(dd)

                        $1,000,000 Proposed Sale of Assets (CAP Waiver)

          11:40 am         Red Bank Borough Board of Education

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

                        $5,200,000 Proposed School Refunding Bonds

          11:45 am    Bayonne City Redevelopment Agency

                        Hudson - NJSA 40A:5A-6

                        $21,500,000 Proposed Project Financing

          11:50 am Bayonne City                           

                        Hudson - NJSA 40A:2-11

                        $20,000,000 Proposed Waiver of Down Payment

                        NJSA 40A:2-7(d)

                        $20,000,000 Proposed Extension of Credit

                        NJSA 40A:3-1

                        $20,000,000 Proposed Qualified Bond Ordinance

 

 

 

 

 

Page 4 of 5

 

                       

               12:00 pm                        City of Rahway

                        Union – NJSA 40A:2-51

                        $9,000,000 Proposed Refunding Bond Ordinance

          12:05 pm Lodi Borough                           

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

                        $3,550,000 Proposed Non-Conforming Maturity Schedule

          12:10 pm      New Milford Borough                    

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

                        $3,085,000 Proposed Non-Conforming Maturity Schedule

          12:15 pm          Allendale Borough                      

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

                        $5,000,000 Proposed Non-Conforming Maturity Schedule

          12:20 pm Passaic County                         

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

                        $20,000,000 Proposed Non-Conforming Maturity Schedule

          12:25 pm     Wood-Ridge Borough Board of Education

                        Bergen - NJSA 18A:24-7

                        $6,500,000 Proposed Non-Conforming Maturity Schedule

          12:30 pm        Edgewater Borough                      

                        Bergen - NJSA 40A:2-11

                        $5,000,000 Proposed Waiver of Down Payment

          12:35 pm           Fort Lee Borough                       

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

                        $16,115,000 Proposed Non-Conforming Maturity Schedule

          12:40 pm West New York Town                     

                        Hudson - NJSA 40A:2-51

                        $515,000 Proposed Refunding Bond Ordinance (Tax Appeals)

          12:50 pm Hudson County Improvement Authority

                          (North Hudson Regional Fire and Rescue Project)    

                        Hudson - NJSA 40A:5A-6

                        $25,950,000 Proposed Project Financing         

                        NJSA 40A:5A-7

                        $6,797,590 Proposed Municipal Guarantee

                        (North Bergen Township)

                        NJSA 40A:5A-7

                        $8,678,603 Proposed Municipal Guarantee

                        (City of Union City)

                        NJSA 40A:5A-7

                        $3,847,643 Proposed Municipal Guarantee

                        (Weehawken Township)

                        NJSA 40A:5A-7

                        $6,621,164 Proposed Municipal Guarantee

                        (Town of West New York)

                     

 

Page 5 of 5

 

          12:55 pm            Dumont Borough                         

                        Bergen - NJSA 52:27BB-54 et seq.

                        Application of Local Government Supervision Act

                        to the Borough of Dumont

                        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.