AGENDA

 

 

LOCAL FINANCE BOARD

 

 

         DATE:  Wednesday, August 10, 2005         LOCATION:         Department of Community Affairs

                        Conference Room #129

                        101 South Broad Street

                                                Trenton, New Jersey  08625-0803

          TIME:    9:30 AM

         

          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 SIX (6) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**

 

       10:00 AM   #1  Warren Township Board of Education

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

                        $5,200,000 Proposed School Refunding Bonds

                    #2          Cranbury Township Board of Education   

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

                        $3,600,000 Proposed School Refunding Bonds

                    #3 Mount Arlington Borough Board of Education            

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

                        $3,500,000 Proposed School Refunding Bonds

 

                         #4   Mountain Lakes Borough Board of Education             

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

                        $6,300,000 Proposed School Refunding Bonds

                    #5      Bordentown Regional School District    

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

                        $38,500,000 Proposed School Refunding Bonds

 

 

 

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                    #6            Haddon Township School District

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

                        $10,700,000 Proposed School Refunding Bonds

 

**THE FOLLOWING FIVE (5) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**

        10:10 AM   #1  Somerset County

                        Somerset - NJSA 40A:2-51

                        $10,500,000 Proposed Refunding Bond Ordinance

                    #2    Glen Gardner Borough                    

                        Hunterdon - NJSA 40A:2-51

                        $417,000 Proposed Refunding Bond Ordinance

                    #3 Passaic County                         

                        Passaic - NJSA 40A:2-51

                        $15,000,000 Proposed Refunding Bond Ordinance

 

                          #4  Willingboro Township

                        Burlington – NJSA 40A:2-51

                        $5,500,000  Proposed Refunding Bond Ordinance

 

                          #5  Lavallette Borough

                        Ocean – NJSA 40A:2-51

                        $5,000,000 Proposed Refunding Bond Ordinance

 

**THE FOLLOWING TWO (2) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**

         10:15 AM    #1 Middlesex County Utilities Authority   

                        Middlesex - NJSA 40A:5A-6

                        $60,000,000 Proposed Project Financing

 

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

                        $60,000,000 Proposed Environmental Infrastructure Trust Program

 

                           #2 East Windsor Township

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

                        $900,362 Proposed Non-Conforming Maturity Schedule

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

                        $900,362 Proposed Environmental Infrastructure Trust Program

               10:17 AM Bound Brook Borough Board of Education

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

                        $3,540,000 Proposed School Refunding Bonds

 

          10:20 AM         Somerset County Improvement Authority

                                           (Capital Equipment Leasing Program)

                                Somerset - NJSA 40A:5A-6

                        $3,300,000 Proposed Project Financing

                         

                        Somerset - NJSA 40A:5A-7

                        $3,300,000 Proposed County Guarantee


 

 

            Page 3 of 5

 

 

          10:25 AM      Mount Holly Municipal Utilities Authority

                               (Wastewater Treatment & Collection Facilities)

                        Burlington - NJSA 40A:5A-6

                        $3,500,000 Proposed Project Financing

 

              10:30 AM                        Barrington Borough                     

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

                        $4,096,000 Proposed Non-Conforming Maturity Schedule

          10:35 AM         Waterford Township                      

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

                        $2,480,000 Proposed Non-Conforming Maturity Schedule

  10:40 AM  New Brunswick City Parking Authority

                        (Subordinated Project Notes)

                                Middlesex - NJSA 40A:5A-6

                        $5,000,000 Proposed Project Financing

                        Middlesex - NJSA 40A:5A-6

                        (Guaranteed Parking Revenue Bonds)

                                 $25,000,000 Proposed Project Financing

                        Middlesex - NJSA 40A:5A-7

                        $25,000,000 Proposed Municipal Guarantee

 

          10:45 AM       Gloucester County Improvement Authority

                                    (County Guaranteed Lease Revenue Bonds)

                        Gloucester - NJSA 40A:5A-6

                        $41,250,000 Proposed Project Financing

 

                                Gloucester - NJSA 40:37A-80

                        $41,250,000 Proposed County Guarantee

          10:50 AM          Roseland Borough                        

                        Essex - NJSA 40A:2-51

                        $6,620,000 Proposed Refunding Bond Ordinance (Tax Appeals)

 

              10:55 AM   Union County Improvement Authority

                                (County Prosecutor’s Office Project)     

                        Union - NJSA 40A:5A-6

                        $3,500,000 Proposed Project Financing

 

                                Union - NJSA 40A:5A-7

                        $3,500,000 Proposed Lease Agreement

          11:00 AM Wildwood City                          

                        Cape May - NJSA 40A:4-45.3(e)

                        $587,226 Proposed CAP Waiver (Deficit)

          11:05 AM    South Bound Brook Borough              

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

                        $99,886 Proposed CAP Waiver (Surplus)

 

 

 

 

 

            Page 4 of 5

          11:10 AM        River Edge Borough                     

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

                        $3,014,000 Proposed Non-Conforming Maturity Schedule

 

          11:15 AM          Carlstadt Sewerage Authority

                                (Sewer System Revenue Bonds)           

                        Bergen - NJSA 40A:5A-6

                        $750,000 Proposed Project Financing

          11:20 AM             Wayne Township                         

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

                        $15,238,000 Proposed Non-Conforming Maturity Schedule

          11:25 AM      Orange City Township

                        Essex - NJSA 40A:2-51

                        $7,600,000 Proposed Refunding Bond Ordinance

                        Essex - NJSA 40A:3-1

                        $7,600,000 Proposed Qualified Bond Ordinance

 

              11:30 AM                        Cape May County Bridge Commission      

                        (Capital Improvements)

                                Cape May - NJSA 40A:5A-6

                        $12,400,000 Proposed Project Financing

 

                        (Refunding Bonds)

                                Cape May – NJSA 40A:5A-6

                                $4,600,000 Proposed Project Financing

                        Cape May - NJSA 40A:5A-7

                        $17,000,000 Proposed County Guarantee

          11:35 AM      Cumberland County Utilities Authority  

                        (Refunding Bonds)                   

                                Cumberland - NJSA 40A:5A-6

                        $6,750,000 Proposed Project Financing

          11:40 AM        Rutherford Borough                     

                        Bergen - NJSA 40A:2-51

                        $700,000 Proposed Refunding Bond Ordinance (Tax Appeals)

          11:45 AM Vineland City                          

                        Cumberland - NJSA 40A:2-11

                        $756,000 Proposed Waiver of Down Payment          

          11:50 AM       Jersey City Municipal Utilities Authority

                        (Revenue Refunding Bonds)

                                Hudson - NJSA 40A:5A-6

                        $17,000,000 Proposed Project Financing

 

 

Page 5 of 5

 

               11:55 AM  Readington Township

                                Hunterdon – NJSA 40A:2-11

                                $22,000,000 Proposed Waiver of Down Payment

               12:00 PM       Carteret Redevelopment Agency

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

                        $38,500,000 Proposed Environmental Infrastructure Trust Program

                        Middlesex - NJSA 40A:5A-6

                        $38,500,000 Proposed Project Financing

                        Middlesex - NJSA 40A:12A-67g

                        $38,500,000 Proposed Redevelopment Area Bonds

               12:05 PM  Newark City                             

                        Essex - NJSA 40A:3-1

                        $15,000,000 Proposed Qualified Bond Ordinance

 

 

 

 

                                                                                                                        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.