AGENDA

LOCAL FINANCE BOARD

         DATE:         Wednesday, September 13, 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 TWO (2) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**

    10:00 AM  #1        Hardyston Township Board of Education

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

                        $11,900,000 Proposed School Refunding Bonds

                    #2 North Brunswick Township Board of Education

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

                        $19,350,000 Proposed School Refunding Bonds

          10:05 AM Upper Freehold Regional School District

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

                        $10,000,000 Proposed School Refunding Bonds

          10:10 AM Northern Valley Regional High School District 

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

                        $18,000,000 Proposed School Refunding Bonds

          10:15 AM “Old Business”

                           Highland Park Board of Education       

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

                        $15,000,000 Proposed School Refunding Bonds

 

 

 

Page 2 of 6

 

          10:20 AM            Monroe Township                        

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

                        $4,925,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                        $4,925,000 Proposed Waiver of Down Payment

                        NJSA 40A:2-51

                        $4,925,000 Proposed Refunding Bond Ordinance

          10:25 AM     Hillsborough Township Municipal Utilities Authority

                        (Revenue Refunding Bonds)

                        Somerset - NJSA 40A:5A-6

                        $2,200,000 Proposed Project Financing

          10:30 AM “Old Business”

                        Summit City                            

                        Union - NJSA 40A:2-51

                        $14,000,000 Proposed Refunding Bond Ordinance

          10:35 AM    Cinnaminson Sewerage Authority         

                        (Sewer Revenue Notes)

                        Burlington - NJSA 40A:5A-6

                        $800,000 Proposed Project Financing

          10:40 AM         Burlington County                      

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

                        $17,446,000 Proposed Non-Conforming Maturity Schedule

          10:45 AM “Old Business”

                              Bordentown Regional School District    

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

                        $38,500,000 Proposed School Refunding Bonds

          10:50 AM Berlin Township Fire District #1                  

                        Camden - NJSA 40A:5A-6

                        $558,438 Proposed Project Financing

          10:55 AM            Carteret Borough                        

                        Middlesex - NJSA 40A:2-11

                        $300,000 Proposed Waiver of Down Payment

          11:00 AM “Old Business”

                                     Edison Township                        

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

                        $915,267 Proposed Environmental Infrastructure Trust Program

                        NJSA 40A:2-11

                        $915,267 Proposed Waiver of Down Payment

                        NJSA 40A:2-26(e)

                        $915,267 Proposed Non-Conforming Maturity Schedule

 

 

Page 3 of 6

 

          11:05 AM    Perth Amboy City                       

                        Middlesex - NJSA 40A:2-11

                        $20,000,000 Proposed Waiver of Down Payment

                        NJSA 40A:2-7

                        $20,000,000 Proposed Extension of Credit

                        NJSA 40A:3-1

                        $20,000,000 Proposed Qualified Bond Ordinance

          11:10 AM          Plainfield Municipal Utilities Authority

                        (Solid Waste System Revenue Bonds)

                        Union - NJSA 40A:5A-6

                        $2,100,000 Proposed Project Financing

          11:15 AM         Plumsted Township Board of Education

                        Ocean - NJSA 18A:24-23

                        $14,045,000 Proposed Extension of Credit

                        NJSA 18A:24-9.1

                        $38,000,000 Proposed Redemption Provisions

                        NJSA 18A:24-7

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

          11:20 AM Trenton City                           

                        Mercer - NJSA 18A:24-85

                        $2,150,000 Qualified School Bonds Ordinance

                        Mercer - NJSA 40A:3-1

                        $2,150,000 Proposed Qualified Bond Ordinance

          11:25 AM        Middlesex County Improvement Authority 

                        (Middlesex Regional Educational Services Commission)

                        Middlesex - NJSA 40A:5A-6

                        $40,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $40,000,000 Proposed County Guarantee

          11:30 AM   Essex County Improvement Authority     

                        (Branchville Manor Project)

                        Essex - NJSA 40A:12A-29(a)

                        $9,550,000 Proposed Private Sale of Bonds

          11:35 AM       Gloucester County Improvement Authority

                        (County Guaranteed Lease Revenue Bonds)

                        Gloucester - NJSA 40A:5A-6

                        $11,190,000 Proposed Project Financing

                        NJSA 40:37A-80

                        $11,190,000 Proposed County Guarantee

 

 

 

Page 4 of 6

 

              11:40 AM                        Union County Improvement Authority

                        (City of Linden Morning Star Redevelopment Project)

                        Union – NJSA 40A:5A-6

                        $5,000,000 Proposed Project Financing

 

                        NJSA 40A:5A-7

                        $5,000,000 Proposed Municipal Guarantee

 

                        NJSA 40A;5A-7

                        $5,000,000 Proposed Deficiency Agreement

 

                        NJSA 40A:12A:-67g

                        $5,000,000 Proposed Redevelopment Area Bonds

          11:45 AM Bergen County

                        (General Obligation Bonds)

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

                        $37,349,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                        $9,774,000 Proposed Waiver of Down Payment

                        (Vocational School Bonds)

                        NJSA 40A:2-26(e)

                        $9,086,000 Proposed Non-Conforming Maturity Schedule

          11:50 AM         Ridgefield Borough                     

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

                        $4,950,000 Proposed Non-Conforming Maturity Schedule

          11:55 AM      Jersey City

                        (General Improvement Bonds)

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

                        $32,163,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:3-4

                        $32,163,000 Proposed Qualified Bond Ordinance

                        (Water Bonds)

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

                        $5,000,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:3-4

                        $5,000,000 Proposed Qualified Bond Ordinance

                        NJSA 40A:2-11

                        $5,000,000 Proposed Waiver of Down Payment

          12:00 PM     East Orange City

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

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

                        NJSA 40A:2-7(d)

                        $23,000,000 Proposed Extension of Credit

                        NJSA 40A:2-11

                        $23,000,000 Proposed Waiver of Down Payment          

                     

Page 5 of 6

          12:05 PM Hudson County Improvement Authority    

                        Hudson - NJSA 40A:5A-6

                        $1,400,000 Proposed Project Financing

                        Hudson - NJSA 40A:5A-7

                           $1,400,000 Proposed Lease Agreement     

          12:10 PM West New York Town

                        Hudson - NJSA 40A:2-51

                        $15,250,000 Proposed Refunding Bond Ordinance

                        NJSA 40A:2-26(e)

                        $8,750,000 Proposed Non-Conforming Maturity Schedule

          12:15 PM West New York Parking Authority        

                        Hudson - NJSA 40A:5A-6

                        $9,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $9,000,000 Proposed Municipal Guarantee

          12:20 PM Ocean Township                          

                        Ocean - NJSA 40A:12A-67g

                        $1,500,000 Proposed Redevelopment Area Bonds

                        NJSA 40A:12A-37

                        $1,500,000 Proposed Redevelopment Project

          12:25 PM  Bergen County Improvement Authority

                        (EnCap Train Stop Project)

                        Bergen - NJSA 40A:5A-6

                        $24,500,000 Proposed Project Financing

                        NJSA 40A:12A-67g

                        $24,500,000 Proposed Redevelopment Area Bonds

          12:30 PM      Phillipsburg Town                      

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

                        $4,700,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                        $4,700,000 Proposed Waiver of Down Payment

                        NJSA 40A:12A-67g

                                $4,700,000         Proposed Redevelopment Area Bonds

                                Lopatcong Township                     

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

                        $1,500,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                        $1,500,000 Proposed Waiver of Down Payment

                        NJSA 40A:12A-67g

                        $1,500,000 Proposed Redevelopment Area Bonds

 

 

 

 

 

 

Page 6 of 6

                                               

                       

              12:35 PM                        Monmouth County

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

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

                        NJSA 40A:12-5(b)(1)

                             $50,000,000 Proposed Installment Purchase Agreements

              12:40 PM                   Division of Local Government Services  

                        State - NJAC 5:35

                        Adoption of Local Government Ethics Law Rules

                       

            12:45 PM   Consideration of Director’s Recommendation

                                 For State Aid to Certain Municipalities Under

                                 The Special Municipal Aid Act

                                 NJSA 52:27D-118.24 et seq.

 

                                 City of Bridgeton

 

                                

                     

                        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.