AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, October 12, 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 Washington Township
Gloucester - NJSA
40A:2-51
$18,250,000 Proposed
Refunding Bond Ordinance
#2 Mercer County
Mercer - NJSA 40A:2-51
$9,200,000 Proposed
Refunding Bond Ordinance
#3 West Deptford Township
Gloucester - NJSA
40A:2-51
$25,000,000 Proposed
Refunding Bond Ordinance
#4 Mountain Lakes Borough
Morris - NJSA 40A:2-51
$3,200,000 Proposed
Refunding Bond Ordinance
Page 2 of 6
**THE
FOLLOWING FIVE (5) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**
10:10 AM #1 Kinnelon Borough Board
of Education
Morris - NJSA
18A:24-61.5(1)
$4,800,000 Proposed
School Refunding Bonds
#2 Boonton Township Board of Education
Morris - NJSA
18A:24-61.5(1)
$2,150,000 Proposed
School Refunding Bonds
#3 Mendham Borough Board of Education
Morris - NJSA
18A:24-61.5(1)
$9,500,000 Proposed
School Refunding Bonds
#4 Lumberton Township Board of Education
Burlington - NJSA
18A:24-61.5(1)
$9,950,000 Proposed
School Refunding Bonds
#5 Somerville Borough Board of Education
Somerset - NJSA
18A:24-61.5(1)
$13,500,000 Proposed
School Refunding Bonds
10:15 AM Hainesport Township Board of Education
Burlington - NJSA
18A:24-23
$13,188,527 Proposed Extension
of Credit
10:20 AM Gloucester Township
Camden - NJSA
40A:4-45.3(ee)
$629,850 Proposed CAP
Waiver (Surplus)
10:25 AM Lawnside Borough
Camden - NJSA
40A:4-45.3(ee)
$364,936 Proposed CAP
Waiver (Surplus)
10:30 AM Madison Borough Board of Education
Morris - NJSA 18A:24-7
$45,920,000 Proposed
Non-Conforming Maturity Schedule
10:35 AM Egg Harbor City
Atlantic - NJSA
40A:2-26(e)
$3,032,000 Proposed
Non-Conforming Maturity Schedule
10:40 AM Bergenfield Borough
Bergen - NJSA
40A:4-45.3(ee)
$512,081 Proposed CAP
Waiver (Surplus)
Page 3 of 6
10:45 AM Closter Borough
Bergen - NJSA
40A:2-26(e)
$6,909,000 Proposed
Non-Conforming Maturity Schedule
10:50 AM Ramapo Indian Hills Regional High School
District
Bergen - NJSA
18A:24-61.5(1)
$27,000,000 Proposed
School Refunding Bonds
10:55 AM West Windsor Township
Mercer - NJSA
40A:2-26(e)
$8,800,000 Proposed
Non-Conforming Maturity Schedule
11:00 AM Galloway Township
Atlantic - NJSA
40A:2-26(e)
$11,700,000 Proposed
Non-Conforming Maturity Schedule
Atlantic - NJSA 40A:2-51
$9,500,000 Proposed
Refunding Bond Ordinance
11:05 AM West Milford Township
Passaic - NJSA
40A:2-26(e)
$5,166,000 Proposed
Non-Conforming Maturity Schedule
11:10 AM Bergen County
(Vocational
School Bonds)
Bergen - NJSA
40A:2-26(e)
$4,705,000 Proposed Non-Conforming
Maturity Schedule
(General
Obligation Bonds)
NJSA 40A:2-26(e)
$40,295,000 Proposed
Non-Conforming Maturity Schedule
11:15 AM Bergen County
Bergen - NJSA 40A:2-11
$10,300,000 Proposed
Waiver of Down Payment
11:20 AM Tenafly Borough
Bergen - NJSA
40A:2-26(e)
$6,562,000 Proposed
Non-Conforming Maturity Schedule
11:25 AM Vernon Township
Sussex - NJSA
40A:2-26(e)
$7,856,000 Proposed
Non-Conforming Maturity Schedule
11:30 AM Bloomingdale Borough
Passaic - NJSA
40A:2-26(e)
$500,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$500,000 Proposed Waiver
of Down Payment
Page 4 of 6
11:35 AM Camden County
Improvement Authority
(Property
and Equipment Lease Purchase Program)
Camden - NJSA 40A:5A-6
$35,000,000 Proposed
Project Financing
40A:5A-7
$35,000,000 Proposed
County Guarantee
NJSA 40:37A-80
$35,000,000 Proposed
County Guarantee
11:40 AM Washington Township Fire
District #1
Gloucester - NJSA
40A:5A-6
$400,000 Proposed
Project Financing
11:45 AM Greater Wildwoods
Tourism Improvement & Development Authority
Cape May - NJSA 40A:5A-6
$600,000 Proposed
Project Financing
11:50 AM Middlesex County
Improvement Authority
(Woodbridge
Township Community and Recreational Center Project)
Middlesex
- NJSA 40A:5A-24
$15,185,000 Proposed
Renewal of Notes
11:55 AM “Old
Business”
Essex
County Utilities Authority
Essex
– NJSA 40A:5A-6
$6,500,000
Proposed Project Financing
NJSA
40A:5A-24
$6,500,000
Proposed Renewal of Notes
12:00 PM Paterson City
(Reconstruction
of Various Sewers)
Passaic - NJSA 40A:3-1
$2,152,000 Proposed
Qualified Bond Ordinance
NJSA
40A:2-26(e)
$2,152,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$2,152,000 Proposed
Waiver of Down Payment
(Various
Park Improvements)
NJSA
40A:3-1
$1,237,363 Proposed
Qualified Bond Ordinance
NJSA
40A:2-26(e)
$1,237,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$1,237,363 Proposed
Waiver of Down Payment
Page 5 of 6
12:05
PM Lower Township Municipal Utilities Authority
(Project
Notes)
Cape May - NJSA 40A:5A-6
$3,500,000 Proposed
Project Financing
12:10 PM Trenton City
Mercer - NJSA 40A:3-1
$1,000,000 Proposed
Qualified Bond Ordinance
NJSA 40A:2-7(d)
$1,000,000 Proposed
Extension of Credit
12:15 PM Trenton City Parking Authority
(Parking Revenue
Refunding Bonds)
Mercer - NJSA 40A:5A-6
$4,650,000 Proposed
Project Financing
NJSA 40A:5A-7
$4,650,000 Proposed
Municipal Guarantee
NJSA
40A:3-1
$4,650,000 Proposed
Qualified Bond Ordinance
12:20 PM Bayonne City
Hudson - NJSA 40A:2-11
$973,021 Proposed Waiver
of Down Payment
NJSA
40A:3-1
$973,021 Proposed Qualified Bond
Ordinance
12:25
PM High Bridge Borough
Hunterdon
- NJSA 40A:2-51
$250,000 Proposed
Refunding Bond Ordinance
NJSA 40A:4-45.13
$970,992 Municipal
Assumption of Services
12:30 PM High Bridge Borough
(Golf Course Utility)
Hunterdon - NJSA
40A:2-51
$4,300,000 Proposed
Refunding Bond Ordinance
(General Improvement
Bonds)
NJSA
40A:2-51
$1,200,000 Proposed
Refunding Bond Ordinance
12:35 PM Union County Improvement
Authority
(City
of Linden Firehouses Project)
Union - NJSA 40A:5A-6
$25,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$25,000,000 Proposed
Lease Agreement
NJSA 40A:5A-7
$25,000,000 Proposed
Municipal Guarantee
Page 6 of 6
12:40 PM Union County Improvement
Authority
(Oak
Park Apartments)
Union - NJSA 40A:5A-6
$20,000,000 Proposed
Project Financing
12:45 PM Union County Improvement
Authority
(Linden
Airport Project)
Union - NJSA 40A:5A-6
$15,700,000 Proposed
Project Financing
NJSA
40A:5A-7
$15,700,000 Proposed
Municipal Guarantee
12:50 PM Newark City
Essex - NJSA 40A:3-1
$35,605,500 Proposed
Qualified Bond Ordinance
NJSA 40A:3-1
$34,755,000 Proposed
Qualified Bond Ordinance
12:55 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.