AGENDA

LOCAL FINANCE BOARD

         DATE:         Wednesday, August 9, 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 et seq.

                       Local Government Ethics Law

         

IV.                  Applications:

 

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

    10:30 AM  #1           Sea Girt Borough                       

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

                        $3,750,000 Proposed Environmental Infrastructure Trust Program

                        NJSA 40A:2-26(e)

                        $3,750,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                        $3,750,000 Proposed Waiver of Down Payment

                    #2 Trenton City                           

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

                        $50,000,000 Proposed Environmental Infrastructure Trust Program

                        NJSA 40A:3-1

                        $50,000,000 Proposed Qualified Bond Ordinance

                        NJSA 40A:2-26(e)

                        $50,000,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                        $50,000,000 Proposed Waiver of Down Payment

 

 

 

Page 2 of 4

 

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

     10:35 AM #1             Clinton Township Board of Education

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

                        $9,500,000 Proposed School Refunding Bonds

                    #2        Glassboro Borough Board of Education   

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

                        $12,000,000 Proposed School Refunding Bonds

          10:40 AM Parsippany-Troy Hills Township Fire District #5

                        Morris - NJSA 40A:5A-6

                        $450,000 Proposed Project Financing

          10:45 AM           Montville Township Fire District #2               

                        Morris - NJSA 40A:5A-6

                        $225,000 Proposed Project Financing

          10:50 AM               South Brunswick Township Fire District #2         

                        Middlesex - NJSA 40A:5A-6

                        $1,550,000 Proposed Project Financing

 

              10:55 AM                        Jamesburg Borough Fire District #1

                        Middlesex – NJSA 40A:5A-6

                        $395,000 Proposed Project Financing

          11:00 AM           Jackson Township Fire District #4                 

                        Ocean - NJSA 40A:5A-6

                                  $675,000 Proposed Project Financing

          11:05 AM           Belleville Township

                        Essex - NJSA 40A:2-51

                        $375,000 Proposed Refunding Bond Ordinance

           11:10AM         Mendham Township                       

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

                        $1,310,500 Proposed Non-Conforming Maturity Schedule

          11:15 AM Old Business”

                               Readington Township                    

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

                        $10,950,000 Proposed Environmental Infrastructure Trust Program 

                        NJSA 40A:2-26(e)

                        $10,950,000 Proposed Non-Conforming Maturity Schedule

          11:20 AM      Woodbridge Township                    

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

                        $17,380,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-51

                        $17,380,000 Proposed Refunding Bond Ordinance

 

 

Page 3 of 4

 

          11:25 AM         Plumsted Township Board of Education

                        Ocean - NJSA 18A:24-9.1

                        $38,000,000 Proposed Redemption Provisions

                        NJSA 18A:24-7

                        $38,000,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 18A:24-23

                        $14,045,600 Proposed Extension of Credit

          11:30 AM   Salem County Improvement Authority

                          (Finlaw State Office Building Project)     

                        Salem - NJSA 40A:5A-6

                        $19,500,000 Proposed Project Financing

                        NJSA 40:37A-54(1)

                        $19,500,000 Proposed Project Financing

                        NJSA 40:37A-80

                        $19,500,000 Proposed Municipal Guarantee

          11:35 AM             Vernon Township

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

                        $269,000 Proposed CAP Waiver (Surplus)

          11:40 AM Hudson County                          

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

                        $98,155,000 Proposed Non-Conforming Maturity Schedule

          11:45 AM  Bergen County Improvement Authority

                                      (Joint Department of Public Works Project

                          Cliffside Park and Fairview Boroughs)

                        Bergen - NJSA 40A:5A-6

                        $16,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $16,000,000 Proposed County Guarantee

          11:50 AM    Union County Improvement Authority

                                   (Linden Theater Redevelopment Project)      

                        Union - NJSA 40A:5A-6

                        $1,425,000 Proposed Project Financing

                        NJSA 40A:37A-80

                        $1,425,000 Proposed Deficiency Agreement

                        NJSA 40:37A-80

                        $1,425,000 Proposed Municipal Guarantee

          11:55 AM     Penns Grove Redevelopment Agency

                        Salem - NJSA 40A:5A-6

                        Proposed Project Financing

 

 

 

 

 

Page 4 of 4

 

 

 

           12:00 PM                        City of Trenton

                        Mercer – NJSA 40A:12A-29

                        $18,250,000 Proposed Sale of Bonds to Economic Development Authority

 

              12:05 PM                        Hoboken City

                        Hudson – NJSA 40A:5A-4 and P.L. 2006, C.46

                        Proposed Creation of Municipal Hospital Authority

          12:10 PM Consideration of Director’s Recommendation

                        For State Aid to Certain Municipalities Under

                              The Special Municipal Aid Act

                           NJSA 52:27D-118.24et seq.

 

                                 City of Bridgeton         

 

                                 City of Camden

 

                     

                        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.