AGENDA

LOCAL FINANCE BOARD

         DATE:         Wednesday, May 9, 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 TWENTY–FIVE (25) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**

      10:00 AM    #1        Medford Township                       

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

                        $2,245,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $2,245,000 Proposed Non-Conforming Maturity Schedule

                    #2          Bellmawr Borough                        

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

                        $8,100,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $8,100,000 Proposed Non-Conforming Maturity Schedule

                    #3 Gloucester City

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

                        $9,445,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $9,445,000 Proposed Non-Conforming Maturity Schedule

                    #4          Westville Borough

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

                        $640,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $640,000 Proposed Non-Conforming Maturity Schedule

 

 

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                    #5          Magnolia Borough                       

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

                        $1,860,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $1,860,000 Proposed Non-Conforming Maturity Schedule

                    #6    Maple Shade Township                   

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

                        $11,555,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $11,555,000 Proposed Non-Conforming Maturity Schedule

                    #7    Stone Harbor Borough                   

                        Cape May - NJSA 58:11B-9(a)

                        $2,750,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $2,750,000 Proposed Non-Conforming Maturity Schedule

                    #8  Musconetcong Sewerage Authority        

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

                        $2,100,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:5A-6

                        $2,100,000 Proposed Project Financing

                    #9 Camden County Municipal Utilities Authority

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

                        $30,000,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:5A-6

                        $30,000,000 Proposed Project Financing

                   #10          Jefferson Township                     

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

                        $1,600,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $1,600,000 Proposed Non-Conforming Maturity Schedule

 

                   #11 Salem City                             

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

                        $9,000,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

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

                   #12        Rockaway Valley Regional Sewerage Authority

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

                        $14,500,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:5A-6

                        $14,500,000 Proposed Project Financing

 

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                   #13     Stony Brook Regional Sewerage Authority

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

                        $5,600,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:5A-6

                        $5,600,000 Proposed Project Financing

                   #14      New Jersey Water Supply Authority

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

                        $4,750,000 Proposed Environmental Infrastructure Trust Loan Program

                   #15         Somerset-Raritan Valley Sewerage Authority

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

                        $13,500,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:5A-6

                        $13,500,000 Proposed Project Financing

                   #16 Linwood City                           

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

                        $500,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $500,000 Proposed Non-Conforming Maturity Schedule

                   #17  Point Pleasant Beach Borough           

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

                        $610,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $610,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                        $610,000 Proposed Waiver of Down Payment

                   #18    Seaside Park Borough                    

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

                        $8,550,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $8,550,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                           $8,550,000 Proposed Waiver of Down Payment

                   #19           Ramsey Borough                         

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

                        $1,923,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $1,923,000 Proposed Non-Conforming Maturity Schedule

 

                    #20                        Leonia Borough

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

                        $1,000,000 Proposed Environmental Infrastructure Trust Loan Program

 

 

 

Page 4 of 7

 

                        NJSA 40A:2-26(e)

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

                        NJSA 40A:2-11

                        $1,000,000 Proposed Waiver of Down Payment

                   #21      Mount Holly Municipal Utilities Authority

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

                        $37,600,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:5A-6

                        $37,600,000 Proposed Project Financing

                   #22       Readington Township                    

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

                        $10,500,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-26(e)

                        $10,500,000 Proposed Non-Conforming Maturity Schedule

                   #23 Passaic Valley Water Commission        

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

                        $4,000,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:5A-6

                        $4,000,000 Proposed Project Financing

                   #24           Pine Hill Borough Municipal Utilities Authority

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

                        $1,500,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:5A-6

                        $1,500,000 Proposed Project Financing

                   #25            Dumont Borough                         

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

                        $4,050,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:2-11

                        $4,050,000 Proposed Waiver of Down Payment

                        NJSA 40A:2-26(e)

                        $4,050,000 Proposed Non-Conforming Maturity Schedule

         

 

 

 

 

 

 

 

 

 

 

 

 

 

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              10:15 AM                          Ho-Ho-Kus Borough Board of Education

                        Bergen – NJSA 18A:24-61.5(l)

                               $3,500,000 Proposed School Refunding Bonds

              10:20 AM Englewood Cliffs Borough               

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

                        $5,370,000 Proposed Non-Conforming Maturity Schedule

              10:25 AM                        Elizabeth City

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

                        $12,325,000 Proposed Non-Conforming Maturity Schedule

          10:30 AM West New York Town

                        Hudson - NJSA 40A:2-51

                        $1,015,000 Proposed Refunding Bond Ordinance

          10:35 AM  Wall Township Fire District #2                    

                        Monmouth - NJSA 40A:5A-6

                        $3,800,000 Proposed Project Financing

          10:40 AM  Paterson City

                        Passaic - NJSA 40A:3-4

                        $1,524,000 Proposed Qualified Bond Ordinance

          10:45 AM           Neptune Township Sewerage Authority

                                    (Sewer Revenue Refunding Bonds)

                        Monmouth - NJSA 40A:5A-6

                        $7,100,000 Proposed Project Financing

          10:50 AM      Jersey City

                        (Tax Appeals)

                        Hudson - NJSA 40A:2-51

                        $3,500,000 Proposed Refunding Bond Ordinance

                        NJSA 40A:3-4

                        $3,500,000 Proposed Qualified Bond Ordinance

              10:55 AM  Mahwah Township Board of Education

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

                               $8,600,000 Proposed School Refunding Bonds

              11:00 AM                          Chesilhurst Borough                    

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

                           $232,842 Proposed CAP Waiver for Sale of Asset

             

              11:05 AM                        Swedesboro Borough

                        Gloucester – NJSA 40A:4-45.3(dd)

                        $25,000 Proposed CAP Waiver for Sale of Asset

          11:10 AM        Bloomfield Township                    

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

                        $17,246,000 Proposed Non-Conforming Maturity Schedule

 

 

Page 6 of 7

                       

          11:15 AM    Perth Amboy Redevelopment Agency

                        (Project Notes)

                        Middlesex - NJSA 40A:5A-7

                        $3,800,000 Proposed Subsidy Agreement

                        NJSA 40A:12A-29(a)

                        $3,800,000 Proposed Private Sale of Bonds

                        NJSA 40A:5A-6

                        $3,800,000 Proposed Project Financing

          11:20 AM Vineland City                          

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

                        $13,285,000 Proposed Non-Conforming Maturity Schedule

          11:25 AM Vineland City                          

                        Cumberland - NJSA 40A:2-51

                        $15,000,000 Proposed Refunding Bond Ordinance

          11:30 AM        Middlesex County Utilities Authority

                        (Gas Collection System Revenue Bonds)  

                        Middlesex - NJSA 40A:5A-6

                        $60,000,000 Proposed Project Financing

          11:35 AM  Bergen County Improvement Authority

                        (Governmental Pool Program)    

                        Bergen - NJSA 40A:5A-6

                        $70,000,000 Proposed Project Financing 

                        NJSA 40:37A-80

                        $70,000,000 Proposed County Guarantee

 

                        Englewood City Board of Education

                        $10,495,000 Proposed Refinancing

 

                        Wyckoff Township Board of Education

                        $21,935,100 Proposed Refinancing

                        North Arlington Borough

                        Bergen - NJSA 40A:2-51

                        $19,500,000 Proposed Refunding Bond Ordinance

                        Rutherford Borough

                        Bergen - NJSA 40A:2-51

                           $16,500,000 Proposed Refunding Bond Ordinance

                       

              11:40 AM                        Passaic County improvement Authority

                        (Golf Course Revenue Bonds)

                        Passaic - NJSA 40A:5A-6

                        $22,000,000 Proposed Project Financing

                        NJSA 40:37A-80

                        $22,000,000 Proposed County Guarantee

 

 

 

Page 7 of 7

 

          11:45 AM Ocean Township Fire District #2                   

                        Ocean - NJSA 40A:5A-6

                        $379,983 Proposed Project Financing       

          11:50 AM          Montclair Township

                        Essex - NJSA 40A:2-51

                        $37,000,000 Proposed Refunding Bond Ordinance

          11:55 AM         Lakewood Airport Authority

                        Ocean - NJSA 40:68A-43.1

                        Proposed Municipal Port Authority Budget

              

              12:00 PM              Consideration of Director’s Recommendation

                            For State Aid to Certain Municipalities Under

                             The Special Municipal Aid Act

                            N.J.S.A. 52:27D-118.24 et seq.

 

                            City of Asbury Park              $  7,500,000

 

                            City of Camden              $47,130,901

 

                            City of Bridgeton              $  2,500,000

 

                            City of Union City              $  2,800,000

                     

                        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.