AGENDA

LOCAL FINANCE BOARD

         DATE:         Wednesday, February 14, 2007         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 ONE (1) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**

    10:00 AM  #1               South Brunswick Township Board of Education

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

                        $43,000,000 Proposed School Refunding Bonds

 

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

    10:05 AM  #1 Vineland City                          

                        Cumberland - NJSA 40A:2-51

                        $10,540,000 Proposed Refunding Bond Ordinance

                    #2 Salem County                           

                        Salem - NJSA 40A:2-51

                        $4,750,000 Proposed Refunding Bond Ordinance

 

**THE FOLLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**

          10:10 AM     Union Beach Borough

                          (Green Areas Program)                     

                        Monmouth - NJSA 40A:2-11

                                  $470,000 Proposed Waiver of Down Payment

 

                        NJSA 40A:2-26

                                  $470,000 Proposed Non-Conforming Maturity Schedule

          10:15 AM         Lakewood Airport Authority

                        Ocean - NJSA 40:68A-43.1

                        Proposed Municipal Authority Budget Approval

          10:20 AM       Salem City Municipal Port Authority    

                        Salem - NJSA 40:68A-43.1

                        Proposed Municipal Port Authority Budget Approval

                     

Page 2 of 5

          10:25 AM         Woodbine Municipal Port Authority       

                        Cape May - NJSA 40:68A-43.1

                                 Proposed Municipal Port Authority Budget Approval

 

              10:30 AM                               Carteret Municipal Port Authority

                              Middlesex – NJSA 40:68A-43.1

                                 Proposed Municipal Port Authority Budget Approval

          10:35 AM    East Hanover Township                  

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

                        $7,168,000 Proposed Non-Conforming Maturity Schedule

          10:40 AM         Somerset County Improvement Authority

                        (Acquisition of Land - Hillsborough)                        

                        Somerset - NJSA 40A:5A-6

                        $3,500,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $3,500,000 Proposed County Guarantee 

          10:45 AM         Burlington County Bridge Commission

                                   (County Guaranteed Refunding Bonds)    

                        Burlington - NJSA 40A:5A-6

                        $39,100,000 Proposed Project Financing 

                        NJSA 40A:5A-7

                        $39,100,000 Proposed County Guarantee

          10:50 AM         Burlington County Bridge Commission

                                   (County Guaranteed Pooled Loan Refunding Bonds)    

                        Burlington - NJSA 40A:5A-6

                        $33,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                             $33,000,000 Proposed County Guarantee

                              Bordentown Township                    

                        Burlington - NJSA 40A:2-51

                        $3,950,000 Proposed Refunding Bond Ordinance

                                 Burlington County                      

                        Burlington - NJSA 40A:2-51

                        $29,000,000 Proposed Refunding Bond Ordinance

          10:55 AM       Gloucester Township Board of Education 

                        Camden - NJSA 18A:24-7

                        $7,806,000 Proposed Non-Conforming Maturity Schedule

          11:00 AM            Monroe Township Board of Education     

                        Gloucester - NJSA 18A:24-7

                        $43,639,000 Proposed Non-Conforming Maturity Schedule

 

 

 

 

 

 

Page 3 of 5

 

          11:05 AM  Paterson City

                        Passaic - NJSA 40A:3-4

                        $3,124,000 Proposed Qualified Bond Ordinance

            11:10 AM                        Monmouth County Improvement Authority

                        (Pooled Governmental Loan Refunding Revenue Bonds)

                        Monmouth - NJSA 40A:5A-6

                        $65,000,000 Proposed Project Financing 

                                   Marlboro Township Municipal Utilities Authority

                        Monmouth - NJSA 40A:5A-6

                        $2,300,000                        Proposed Project Financing

                        Wall Township

                        Monmouth - NJSA 40A:2-51

                                $4,900,000         Proposed Refunding Bond Ordinance

                                    Atlantic Highlands Borough              

                        Monmouth – NJSA 40A:2-51

                        $10,300,000 Proposed Refunding Bond Ordinance

                          Bradley Beach Borough                  

                        Monmouth – NJSA 40A:2-51

                        $2,600,000 Proposed Refunding Bond Ordinance

                                   Holmdel Township                       

                        Monmouth – NJSA 40A:2-51

                        $8,800,000 Proposed Refunding Bond Ordinance

                                  Matawan Borough                        

                        Monmouth – NJSA 40A:2-51

                        $4,700,000 Proposed Refunding Bond Ordinance

                        Tinton Falls Fire District #1          

                        Monmouth – NJSA 40A:5A-6

                        $1,100,000 Proposed Project Financing

                              Spring Lake Borough                    

                        Monmouth – NJSA 40A:2-51

                        $2,800,000 Proposed Refunding Bond Ordinance

                              Shrewsbury Borough                     

                        Monmouth – NJSA 40A:2-51

                        $3,335,000 Proposed Refunding Bond Ordinance

                               Middletown Township                    

                        Monmouth – NJSA 40A:2-51

                        $20,250,000 Proposed Refunding Bond Ordinance

          11:15 AM        Edgewater Borough                      

                        Bergen – NJSA 40A:2-11

                        $5,500,000 Proposed Waiver of Down Payment

 

 

 

Page 4 of 5

 

 

               11:20 AM   Edgewater Borough          

                        Bergen – NJSA 40A:5A-20

                        Proposed Dissolution of Municipal Utilities Authority

                       

                        NJSA 40A:4-45.13

                        $1,362,170 Proposed Assumption of Service

                          Bergen County Utilities Authority

                        (Water Pollution Control Acquisition Revenue Bonds)

                        Bergen – NJSA 40A:5A-6

                        $25,000,000 Proposed Project Financing

              11:25 AM Montgomery Township Board of Education

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

                        $48,500,000 Proposed School Refunding Bonds

          11:30 AM Trenton City                            

                        Mercer - NJSA 40A:3-1

                        $324,500 Proposed Qualified Bond Ordinance

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

                        $324,500 Proposed Extension of Credit

          11:40 AM   South Amboy Redevelopment Agency

                             (Recreation and Community Center Project)

                        Middlesex - NJSA 40A:5A-6

                        $7,000,000 Proposed Project Financing         

                        NJSA 40A:5A-7

                        $7,000,000 Proposed Subsidy Agreement

                        NJSA 40A:12A-29(a)

                        $7,000,000 Proposed Private Sale of Bonds

          11:45 AM      Mount Olive Township

                        (Tax Appeals)                   

                        Morris - NJSA 40A:2-51

                        $1,400,000 Proposed Refunding Bond Ordinance

 

              11:50 AM  Woodbridge Township

                        Middlesex - NJSA 40A:2-51

                             $17,750,000 Proposed Refunding Bond Ordinance

          11:55 AM   Essex County Improvement Authority

                                   (Project Consolidation Revenue Bonds)     

                        Essex - NJSA 40:37A-80

                        $325,000,000 Proposed County Guarantee

                        Essex - NJSA 40A:5A-6

                        $325,000,000 Proposed Project Financing

                        Essex County                           

                        Essex - NJSA 40A:2-51

                        $150,000,000 Proposed Refunding Bond Ordinance 

 

 

Page 5 of 5

 

          12:00 PM         Burlington County                      

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

                        $60,000,000 Proposed Non-Conforming Maturity Schedule

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

                        $60,000,000 Proposed Installment Purchase Agreements

          12:05 PM Newark City                            

                        Essex - NJSA 40A:3-4

                        $44,750,000 Proposed Qualified Bond Ordinance

          12:10 PM           Irvington Township

                        Essex - NJSA 40A:4-45.3dd

                        $335,638 Proposed CAP Waiver (Sale of Asset)

          12:15 PM Ocean Township Fire District #2                   

                        Ocean - NJSA 40A:5A-6

                        $379,983 Proposed Project Financing

                       

 

 

 

                        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.