AGENDA

LOCAL FINANCE BOARD

DATE: Wednesday, June 14, 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 FOURTEEN (14) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**

10:00 AM #1 Princeton Township

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

$2,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

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

#2 Princeton Borough

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

$2,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

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

#3 Edison Township

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

$860,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$860,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$860,000 Proposed Waiver of Down Payment

Page 2 of 8

#4 Asbury Park City

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

$2,850,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$2,850,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$2,850,000 Proposed Waiver of Down Payment

#5 Atlantic City Municipal Utilities Authority

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

$3,500,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$3,500,000 Proposed Project Financing

#6 North Hudson Sewerage Authority

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

$16,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$16,000,000 Proposed Project Financing

#7 New Brunswick City

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

$22,145,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$22,145,000 Proposed Non-Conforming Maturity Schedule

#8 Old Bridge Municipal Utilities Authority

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

$7,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$7,000,000 Proposed Project Financing

#9 Linden City

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

$1,200,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$1,200,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$1,200,000 Proposed Waiver of Down Payment

#10 Ocean County Utilities Authority

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

$15,000,000 Proposed Environmental Infrastructure Trust Program

Ocean - NJSA 40A:5A-6

$15,000,000 Proposed Project Financing

Page 3 of 8

#11 Union Township

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

$1,460,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$1,460,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$1,460,000 Proposed Waiver of Down Payment

#12 West Orange Township

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

$831,250 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$831,250 Proposed Non-Conforming Maturity Schedule

#13 Irvington Township

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

$1,420,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$1,420,000 Proposed Non-Conforming Maturity Schedule

#14 Hillside Township

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

$420,820 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$420,820 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$420,820 Proposed Waiver of Down Payment

10:15 AM Berkeley Township

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

$9,934,000 Proposed Non-Conforming Maturity Schedule

10:20 AM West Deptford Township

Gloucester - NJSA 40A:2-7(d)

$1,084,311 Proposed Extension of Credit

10:25 AM West Milford Township Municipal Utilities Authority

Passaic - NJSA 40A:5A-6

$1,250,000 Proposed Project Financing

10:30 AM Wildwood Crest Borough

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

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

10:35 AM Stone Harbor Borough

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

$17,444,000 Proposed Non-Conforming Maturity Schedule

Page 4 of 8

10:40 AM Brick Township Fire District #2

Ocean - NJSA 40A:5A-6

$900,000 Proposed Project Financing

10:45 AM Ocean Gate Borough

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

$268,324 CAP Waiver (Surplus)

10:50 AM Collingswood Borough

Camden - NJSA 40A:4-45.3(e)

$697,277 Proposed CAP Waiver (Deficit)

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

$107,241 Proposed Sale of Municipal Assets

10:55 AM Bergen County Utilities Authority

(Project Notes)

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

$7,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$7,000,000 Proposed Project Financing

(Bonds)

NJSA 58:11B-9(a)

$95,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$95,000,000 Proposed Project Financing

(ERI)

NJSA 40A:5A-6

$3,000,000 Proposed Project Financing

(Tax Exempt Revenue Bonds)

NJSA 40A:5A-6

$40,000,000 Proposed Project Financing

11:00 AM Morris County Improvement Authority

(County Guaranteed Leasing Program)

Morris - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

NJSA 40:37A-80

$10,000,000 Proposed County Guarantee

NJSA 40A:5A-24

$10,000,000 Proposed Renewal of Notes

11:05 AM Middlesex County Improvement Authority

(Capital Equipment Lease Program)

Middlesex - NJSA 40A:5A-6

$8,500,000 Proposed Project Financing

NJSA 40A:5A-7

$8,500,000 Proposed County Guarantee

Page 5 of 8

11:10 AM Somerset County Improvement Authority

(Oldwick Fire Company)

Somerset - NJSA 40A:5A-6

$500,000 Proposed Project Financing

NJSA 40:37A-54(1)

$500,000 Proposed Project Financing

NJSA 40A:5A-7

$500,000 Proposed Municipal Guarantee

11:15 AM Somerset County Improvement Authority

(Somerset County Educational Services Commission)

Somerset - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

NJSA 40A:5A-7

$10,000,000 Proposed County Guarantee

11:20 AM Somerset County Improvement Authority

(Somerset Municipal Banc Program)

Somerset - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

NJSA 40A:5A-7

$10,000,000 Proposed County Guarantee

11:25 AM Somerset County Improvement Authority

(Borough of Somerville Capital Improvements)

Somerset - NJSA 40A:5A-6

$4,000,000 Proposed Project Financing

NJSA 40A:5A-7

$4,000,000 Proposed County Guarantee

11:30 AM Denville Township

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

$7,200,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-11

$7,200,000 Proposed Waiver of Down Payment

NJSA 40A:2-26(e)

$7,200,000 Proposed Non-Conforming Maturity Schedule

11:35 AM Cranford Township

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

$7,100,000 Proposed Non-Conforming Maturity Schedule

Page 6 of 8

11:40 AM Jersey City Municipal Utilities Authority

(Project Notes)

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

$7,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$7,000,000 Proposed Project Financing

(Sewer Revenue Bonds)

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

$8,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$8,000,000 Proposed Project Financing

11:45 AM North Bergen Township Municipal Utilities Authority

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

$31,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$31,000,000 Proposed Project Financing

11:50 AM Middle Township Fire District #1

Cape May - NJSA 40A:5A-6

$1,800,000 Proposed Project Financing

11:55 AM Princeton Township

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

$23,775,000 Proposed Non-Conforming Maturity Schedule

12:00 PM Union City Parking Authority

Hudson - NJSA 40A:5A-6

$3,000,000 Proposed Project Financing

NJSA 40A:5A-7

$3,000,000 Proposed Municipal Guarantee

12:05 PM Florham Park Borough

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

$7,800,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:2-26(e)

$7,800,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$7,800,000 Proposed Waiver of Down Payment

12:10 PM Passaic Valley Sewer Commission

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

$50,000,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:5A-6

$50,000,000 Proposed Project Financing

Page 7 of 8

12:15 PM “Old Business”

Lavallette Borough

Ocean - NJSA 40A:2-51

$5,000,000 Proposed Refunding Bond Ordinance

12:20 PM Woodbridge Township Fire District #1

Middlesex - NJSA 40A:5A-6

$800,000 Proposed Project Financing

12:25 PM Garfield City

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

$6,614,000 Proposed Non-Conforming Maturity Schedule

12:30 PM Mantua Township

Gloucester - NJSA 40A:5A-4

Proposed Creation of Fire District

12:35 PM Passaic City

Passaic - NJSA 40A:5A-4

Proposed Creation of Parking Authority

12:40 PM Newark City

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

$800,000 Proposed Environmental Infrastructure Trust Program

NJSA 40A:3-1

$800,000 Proposed Qualified Bond Ordinance

NJSA 40A:2-11

$800,000 Proposed Waiver of Down Payment

NJSA 40A:2-26(e)

$800,000 Proposed Non-Conforming Maturity Schedule

12:45 PM Newark City

Essex - NJSA 40A:3-1

$34,300,000 Proposed Qualified Bond Ordinance

12:50 PM Newark City

Essex - NJSA 40A:3-1

$7,825,000 Proposed Qualified Bond Ordinance

12:55 PM Asbury Park City

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

$1,593,671 Proposed CAP Waiver (Surplus)

Page 8 of 8

1:00 PM “Old Business”

Monmouth County Improvement Authority

Monmouth – NJSA 40A:5A-6

$21,500,000

NJSA 40A:5A-7

$21,500,000 Proposed City Guarantee

NJSA 40A:5A-7

$21,500,000 Proposed Lease Agreement

Patricia Parkin McNamara

Executive Secretary

Local Finance Board

All visitors to the Department of Community Affairs Building are required to show picture 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

Officer at (609) 292-6055.