AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, December 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 FIVE (5) APPLICATIONS WILL BE CONSIDERED ON
CONSENT AGENDA**
10:00 AM
#1 Morris School District Board of Education
Morris - NJSA
18A:24-61.5(1)
$8,000,000 Proposed
School Refunding Bonds
#2 Wall Township Board of Education
Monmouth - NJSA
18A:24-61.5(1)
$12,500,000 Proposed
School Refunding Bonds
#3 Demarest Borough Board of Education
Bergen - NJSA
18A:24-61.5(1)
$7,800,000 Proposed
School Refunding Bonds
#4 Rutherford Borough Board of Education
Bergen - NJSA
18A:24-61.5(1)
$18,250,000 Proposed
School Refunding Bonds
#5 Washington Township Board of Education
Gloucester - NJSA
18A:24-61.5(1)
$8,150,000 Proposed
School Refunding Bonds
Page 2 of 5
**THE FOLLOWING FIVE (5) APPLICATIONS WILL BE CONSIDERED ON
CONSENT AGENDA**
10:10 AM
#1 North Brunswick Township
Middlesex - NJSA
40A:2-51
$8,100,000 Proposed
Refunding Bond Ordinance
#2 Rahway City
Union - NJSA 40A:2-51
$11,200,000 Proposed
Refunding Bond Ordinance
#3 Ringwood Borough
Passaic - NJSA 40A:2-51
$5,000,000 Proposed
Refunding Bond Ordinance
#4 Margate City
Atlantic - NJSA 40A:2-51
$19,500,000 Proposed
Refunding Bond Ordinance
#5 Hunterdon County
Hunterdon - NJSA
40A:2-51
$5,000,000 Proposed
Refunding Bond Ordinance (ERI)
10:15 AM “Old Business”
Gloucester County
Gloucester - NJSA
40A:2-51
$31,000,000 Proposed
Refunding Bond Ordinance
10:20 AM Mercer County
Mercer - NJSA 40A:2-51
$11,650,000 Proposed
Refunding Bond Ordinance (ERI)
10:25 AM “Old
Business”
Toms River Regional
Board of Education
Ocean - NJSA
18A:24-61.5(1)
$14,000,000 Proposed
School Refunding Bonds
10:30 AM Weymouth Township
Atlantic - NJSA 40A:2-51
$423,000 Proposed Refunding Bond Ordinance
10:35 AM Hardyston Township
Sussex - NJSA
40A:2-26(e)
$4,825,000 Proposed
Non-Conforming Maturity Schedule
10:40 AM Oradell Borough
Bergen - NJSA
40A:2-26(e)
$7,379,000 Proposed
Non-Conforming Maturity Schedule
10:45 AM Ocean Township Fire
District #2
Monmouth - NJSA 40A:5A-6
$379,983 Proposed
Project Financing
Page 3 of 5
10:50 AM Gloucester Township
Camden - NJSA
40A:4-45.3(ee)
$420,759 Proposed CAP
Waiver (Surplus)
10:55 AM Middletown Township
(Tax Appeals)
Monmouth - NJSA 40A:2-51
$735,000 Proposed
Refunding Bond Ordinance
11:00 AM Bridgeton City
Cumberland - NJSA
40A:4-45.3(ee)
$80,000 Proposed CAP
Waiver (Surplus)
11:05 AM Hammonton Town
Atlantic - NJSA
40A:2-26(e)
$12,406,000 Proposed
Non-Conforming Maturity Schedule
11:10 AM Bayonne City
Hudson - NJSA 40A:3-1
$1,775,000 Proposed
Qualified Bond Ordinance
11:15 AM Orange City Township
Essex - NJSA 40A:3-1
$3,820,000 Proposed Qualified Bond
Ordinance
NJSA 40A:2-51
$3,820,000 Proposed
Refunding Bond Ordinance
11:20 AM Perth Amboy City
Middlesex - NJSA
40A:4-45.3(e)
$6,429,486 Proposed CAP
Waiver (Deficit)
11:25 AM Perth Amboy City
Middlesex - NJSA
40A:2-7(d)
$4,078,108 Proposed
Extension of Credit
NJSA 40A:3-1
$4,078,108 Proposed
Qualified Bond Ordinance
11:30 AM Harrison Town
NJSA 40A:2-26(e)
$28,250,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-51
$28,250,000 Proposed
Refunding Bond Ordinance
Page 4 of 5
11:35 AM Trenton City
Mercer - NJSA 40A:3-1
$24,898,122 Proposed
Qualified Bond Ordinance
NJSA 40A:2-7(d)
$14,248,122 Proposed
Extension of Credit
11:40 AM Union City
Hudson - NJSA 40A:2-11
$11,012,000 Proposed
Waiver of Down Payment
NJSA 40A:3-1
$11,012,000 Proposed
Qualified Bond Ordinance
11:45 AM Union City
Hudson - NJSA 40A:3-1
$42,150,000 Proposed
Qualified Bond Ordinance
NJSA 40A:2-51
$42,150,000 Proposed
Refunding Bond Ordinance
11:50 AM Ocean Township Board of
Education
Ocean - NJSA 18A:24-7
$8,100,000 Proposed Non-Conforming
Maturity Schedule
11:55 AM Ocean Township
Ocean - NJSA 40A:5A-20
Proposed Dissolution of
Municipal Utilities Authority
12:00 PM Cliffside Park Borough
Bergen - NJSA 40A:2-26(e)
$15,000,000 Proposed Non-Conforming
Maturity Schedule
NJSA 40A:12A-37
$15,000,000 Proposed
Redevelopment Project
NJSA 40A:12A-29(a)
$15,000,000 Proposed Private
Sale of Bonds
12:05 PM Millville City
Cumberland - NJSA
52:27D-459 et seq.
Proposed Revenue
Allocation Plan
Page 5 of 5
12:10PM 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-6
$5,000,000
Proposed Project Financing
NJSA
40A:5A-6
$5,000,000
Proposed Project Financing
NJSA
40A:12A-67g
$5,000,000
Proposed Redevelopment Area Bonds
12:150 PM Camden City
Camden - NJSA
52:27D-118.24et seq.
Consideration of
Director's Recommendation for State
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.