AGENDA

LOCAL FINANCE BOARD

         DATE:  Wednesday, March 8, 2006                              LOCATION:   Department of Community Affairs

                                                                                                               Conference Room #129

                                                                                                               101 South Broad Street

                                                                                                               Trenton, New Jersey  08625-0803

          TIME:    9:00 AM

         

          I.           Roll Call

         

          II.          Certification of Public Notice

         

          III.         Local Finance Board

                       State - NJSA 40A:9-22.1 et seq.

                       Local Government Ethics Law

         

IV.                  Applications:

 

**THE FOLLOWING EIGHT (8) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**

        10:00 AM  #1  Hammonton Town Board of Education

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

                              $18,650,000 Proposed School Refunding Bonds

                        #2  North Plainfield Board of Education

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

                              $14,500,000 Proposed School Refunding Bonds

                        #3  Byram Township Board of Education

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

                              $7,500,000 Proposed School Refunding Bonds                      

                        #4  Evesham Township Board of Education    

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

                              $7,995,000 Proposed School Refunding Bonds

                        #5  South Plainfield Board of Education    

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

                           $10,500,000 Proposed School Refunding Bonds

                        #6  Tewksbury Township Board of Education

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

                           $8,500,000 Proposed School Refunding Bonds

                        #7  Greenwich Township Board of Education

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

                           $4,700,000 Proposed School Refunding Bonds

Page 2 of 4

                             

                        #8  Newton Town Board of Education

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

                              $8,400,000 Proposed School Refunding Bonds

 

**THE FOLLOWING THREE (3) APPLICATIONS WILL BE CONSIDERED ON A CONSENT AGENDA**

        10:10 AM  #1  Hopatcong Borough   

                              Sussex - NJSA 40A:2-51

                              $ 22,350,000 Proposed Refunding Bond Ordinance                       

                        #2  Alexandria Township                    

                              Hunterdon - NJSA 40A:2-51

                              $4,200,000 Proposed Refunding Bond Ordinance

                        #3  Union Township                         

                              Hunterdon - NJSA 40A:2-51

                              $6,000,000 Proposed Refunding Bond Ordinance

              10:15 AM  Wildwood City                           

                              Cape May - NJSA 40A:2-26(e)

                              $1,104,250 Proposed Non-Conforming Maturity Schedule

              10:20 AM  Haddon Township                        

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

                              $9,425,000 Proposed Non-Conforming Maturity Schedule

              10:25 AM  Monroe Township Fire District #2                  

                              Middlesex - NJSA 40A:5A-6

                           $3,862,090 Proposed Project Financing

              10:30 AM  Chesterfield Township                  

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

                           $268,000 Proposed CAP Waiver (Surplus)

              10:35 AM  Monroe Township Board of Education     

                              Middlesex - NJSA 18A:24-7

                                $26,800,000 Proposed Non-Conforming Maturity Schedule

              10:40 AM  Camden County Improvement Authority    

                              (Camden County College Project)

                              Camden - NJSA 40A:5A-6

                              $26,000,000 Proposed Project Financing

                              NJSA 40:37A-80

                           $26,000,000 Proposed County Guarantee
                                                                                                   

Page 3 of 4                                                                                   

 

              10:45 AM  “Old Business”

                              Gloucester County Improvement Authority

                              (Autism School Project)

                              Gloucester – NJSA 40A:5A-6

                              $41,250,000 Proposed Project Financing

 

                              NJSA 40:37A-80

                              $41,250,000 Proposed County Guarantee

              10:50 AM  Middlesex Borough                      

                              Middlesex - NJSA 40A:2-11

                              $4,500,000 Proposed Waiver of Down Payment

              10:55 AM  Kearny Town                            

                              Hudson - NJSA 40A:2-11

                              $981,700 Proposed Waiver of Down Payment

                              $277,380 Proposed Waiver of Down Payment

 

                              NJSA 40A:3-1

                              $981,700 Proposed Qualified Bond Ordinance

                              $277,380 Proposed Qualified Bond Ordinance

                              $750,000 Proposed Qualified Bond Ordinance

              11:00 AM  Cumberland County Improvement Authority

                              (Various Capital Improvements)

                              Cumberland - NJSA 40A:5A-6

                              $25,000,000 Proposed Project Financing

              11:05 AM  Livingston Township                     

                              (Tax Appeals)

                              Essex - NJSA 40A:2-51

                              $3,350,000 Proposed Refunding Bond Ordinance

              11:10 AM  Paramus Borough                        

                              (Tax Appeals)

                              Bergen - NJSA 40A:2-51

                           $9,000,000     Proposed Refunding Bond Ordinance

              11:15 AM  Sussex County Municipal Utilities Authority

                              (Solid Waste Revenue Bonds)

                              Sussex - NJSA 40A:5A-6

                                $15,000,000 Proposed Project Financing

              11:20 AM  Morristown Town

                              Morris - NJSA 40A:2-51

                              $9,500,000 Proposed Refunding Bond Ordinance

                           

 

 

 

 

 

 

Page 4 of 4

 

 

 

              11:25 AM  Union County Improvement Authority     

                              (City of Linden Morning Star Redevelopment Project)

                              Union - NJSA 40A:5A-6

                              $3,500,000 Proposed Project Financing

                              NJSA 40:5A-6 and 7

                              $3,500,000 Proposed Municipal Guarantee

                              NJSA 40:5A-6 and 7

                           $3,500,000 Proposed Deficiency Agreement

              11:30 AM  Newark City                            

                              Essex - NJSA 18A:24-85

                              $63,700,000 Proposed School Qualified Bonds

                              NJSA 40A:3-1

                           $63,700,000 Proposed Qualified Bond Ordinance

 

               11:35 AM “Old Business”

                              Monmouth County Improvement Authority

                                    Monmouth – NJSA 40A:5A-6

                                    $1,000,000 Proposed Project Financing

 

                                    NJSA 40A:5A-7

                                    $1,000,000 Proposed Municipal Guarantee

 

                              NJSA 40:37A-54(1)

                                    $1,000,000 Proposed Project Financing

 

                                                        

                             

                             

                                                         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 the Department of Community Affairs’ Public Information

          Office at (609) 292-6055.