AGENDA

LOCAL FINANCE BOARD

DATE: Wednesday, June 13, 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 FOLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**

10:00 AM Florham Park Board of Education

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

$9,700,000 Proposed School Refunding Bonds

** THE FOLLOWING TWENTY-TWO (22) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**

10:05 AM #1 Linden City

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

$4,790,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-26(e)

$4,790,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11(c)

$4,790,000 Proposed Waiver of Down Payment

#2 Paterson City

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

$18,326,400 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-26(e)

$18,326,400 Proposed Non-Conforming Maturity Schedule

#3 Passaic Valley Sewerage Commission

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

$29,500,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:5A-6

$29,500,000 Proposed Project Financing

Page 2 of 9

#4 Stafford Township

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

$13,600,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-26(e)

$13,600,000 Proposed Non-Conforming Maturity Schedule

#5 Elizabeth City

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

$3,800,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-26(e)

$3,800,000 Proposed Non-Conforming Maturity Schedule

#6 Franklin Township Sewerage Authority

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

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

NJSA 40A:5A-6

$14,000,000 Proposed Project Financing

#7 Jersey City Municipal Utilities Authority

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

$27,100,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:5A-6

$27,100,000 Proposed Project Financing

#8 Kearny Municipal Utilities Authority

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

$6,000,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:5A-6

$6,000,000 Proposed Project Financing

#9 Asbury Park City

Monmouth - 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

#10 Princeton Township

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

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

NJSA 40A:2-26(e)

$2,100,000 Proposed Non-Conforming Maturity Schedule

#11 Princeton Borough

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

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

NJSA 40A:2-26(e)

$2,100,000 Proposed Non-Conforming Maturity Schedule

Page 3 of 9

#12 Bridgeton City

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

$3,460,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-26(e)

$3,460,000 Proposed Non-Conforming Maturity Schedule

#13 Perth Amboy City

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

$2,385,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-26(e)

$2,385,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$2,385,000 Proposed Waiver of Down Payment

NJSA 40A:2-7(d)

$2,385,000 Proposed Extension of Credit

NJSA 40A:3-1

$2,385,000 Proposed Qualified Bond Ordinance

#14 Middlesex County Utilities Authority

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

$85,000,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:5A-6

$85,000,000 Proposed Project Financing

#15 Berkeley Heights Township

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

$4,250,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-26(e)

$4,250,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$4,250,000 Proposed Waiver of Down Payment

#16 Berkeley Township Municipal Utilities Authority

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

$8,200,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:5A-6

$8,200,000 Proposed Project Financing

#17 North Hudson Sewerage Authority

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

$6,300,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:5A-6

$6,300,000 Proposed Project Financing

Page 4 of 9

#18 Parsippany - Troy Hills Township

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

$8,300,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-26(e)

$8,300,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$8,300,000 Proposed Waiver of Down Payment

#19 Edgewater Borough

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

$3,100,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-11

$3,100,000 Proposed Waiver of Down Payment

NJSA 40A:2-26(e)

$3,100,000 Proposed Non-Conforming Maturity Schedule

#20 Ocean County Utilities Authority

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

$28,000,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:5A-6

$28,000,000 Proposed Project Financing

#21 Caldwell Borough

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

$16,000,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:2-11

$16,000,000 Proposed Waiver of Down Payment

NJSA 40A:2-26(e)

$16,000,000 Proposed Non-Conforming Maturity Schedule

#22 Ocean Township Sewerage Authority

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

$6,200,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:5A-6

$6,200,000 Proposed Project Financing

10:15 AM Old Business

Hammonton Town Board of Education

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

$18,650,000 Proposed School Refunding Bonds

10:20 AM Point Pleasant Beach Borough

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

$7,773,000 Proposed Non-Conforming Maturity Schedule

10:25 AM Harrington Park Borough Board of Education

Bergen - NJSA 18A:24-7

$1,552,000 Proposed Non-Conforming Maturity Schedule

Page 5 of 9

10:30 AM Emerson Borough

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

$2,030,000 Proposed Non-Conforming Maturity Schedule

10:35 AM West Deptford Township

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

$1,164,000 Proposed Extension of Credit

10:40 AM West Deptford Township

Gloucester - NJSA 40A:4-45.3(e)

$1,188,953 Proposed CAP Waiver (Deficit)

10:45 AM Old Business

Brick Township Board of Education

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

$6,750,000 Proposed School Refunding Bonds

10:50 AM Old Business

Ho-Ho-Kus Borough Board of Education

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

$3,500,000 Proposed School Refunding Bonds

10:55 AM Boonton Township Board of Education

Morris - NJSA 18A:24-7

$23,581,000 Proposed Non-Conforming Maturity Schedule

11:00 AM Lakehurst Borough

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

$2,210,000 Proposed Non-Conforming Maturity Schedule

11:05 AM Berkeley Township Municipal Utilities Authority

(Station Road Water Treatment Plant Project)

Ocean - NJSA 40A:5A-6

$1,850,000 Proposed Project Financing

11:10 AM Morris County Improvement Authority

(County Guaranteed Leasing Program)

Morris - NJSA 40A:5A-6

$20,000,000 Proposed Project Financing

NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

11:15 AM Gloucester County Improvement Authority

(Woolwich Township Municipal Building Project)

Gloucester - NJSA 40:37A-80

$12,530,000 Proposed Municipal Guarantee

NJSA 40A:5A-6

$12,530,000 Proposed Project Financing

Page 6 of 9

11:17 AM Gloucester County Improvement Authority

(Shady Lane Nursing Home Project)

Gloucester – NJSA 40:37A-80

$9,475,000 Proposed County Guarantee

NJSA 40A:5A-6

$9,475,000 Proposed Project Financing

11:20 AM Middlesex County Improvement Authority

(Capital Equipment Lease Program)

Middlesex - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

NJSA 40A:5A-7

$10,000,000 Proposed County Guarantee

11:25 AM New Brunswick City Parking Authority

(Subordinated Project Notes)

Middlesex - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

11:30 AM Monmouth County Improvement Authority

(Pooled Capital Equipment Lease Program)

Monmouth - NJSA 40A:5A-7

$60,000,000 Proposed County Guarantee

NJSA 40A:5A-7

$60,000,000 Proposed Municipal Guarantee

NJSA 40A:5A-6

$60,000,000 Proposed Project Financing

11:35 AM Ridgewood Village

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

$12,514,000 Proposed Non-Conforming Maturity Schedule

11:40 AM High Bridge Borough

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

$1,009,750 Proposed Extension of Credit

11:45 AM Kearny Town

Hudson - NJSA 40A:3-1

$2,111,750 Proposed Qualified Bond Ordinance

11:50 AM Old Business

Kearny Town

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

$7,927,930 Proposed Environmental Infrastructure Trust Loan Program

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

$7,927,930 Proposed Non-Conforming Maturity Schedule

11:55 AM Old Business

Bayonne City

Hudson - NJSA 40A:3-1

$23,000,000 Proposed Qualified Bond Ordinance

Page 7 of 9

12:00 PM Trenton City

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

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

NJSA 40A:2-11

$13,500,000 Proposed Waiver of Down Payment

NJSA 40A:2-26(e)

$13,500,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:3-1

$13,500,000 Proposed Qualified Bond Ordinance

12:05 PM Trenton City

Mercer - NJSA 40A:3-1

$21,575,000 Proposed Qualified Bond Ordinance

NJSA 40A:2-26(e)

$21,575,000 Proposed Non-Conforming Maturity Schedule

12:10 PM Rutherford Borough

Bergen - NJSA 40A:2-51

$10,500,000 Proposed Refunding Bond Ordinance

12:15 PM Asbury Park City

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

$2,800,685 Proposed CAP Waiver (Surplus)

12:20 PM Saddle Brook Township

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

$300,000 Proposed CAP Waiver (Surplus)

12:25 PM Cresskill Borough

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

$309,000 Proposed CAP Waiver (Surplus)

12:30 PM Englishtown Borough

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

$33,355 Proposed CAP Waiver (Surplus)

12:35 PM Allamuchy Township

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

$155,510 Proposed CAP Waiver (Surplus)

12:40 PM Delanco Township

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

$298,754 Proposed CAP Waiver (Surplus)

12:45 PM Medford Township

Burlington - NJSA 40A:2-11

$4,200,000 Proposed Waiver of Down Payment

Page 8 of 9

12:50 PM Washington Township

Mercer - NJSA 40A:4-45.13

$2,545,526 Proposed Assumption of Services

12:55 PM Passaic County Improvement Authority

(County Guaranteed 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

1:00 PM Monmouth County

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

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

1:10 PM Monmouth County

Monmouth - NJSA 40A:2-51

$31,000,000 Proposed Refunding Bond Ordinance

1:15 PM Livingston Township

Essex - NJSA 40A:2-51

$10,500,000 Proposed Refunding Bond Ordinance

1:20 PM Newark City

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

$42,500,000 Proposed Environmental Infrastructure Trust Loan Program

NJSA 40A:3-1

$42,500,000 Proposed Qualified Bond Ordinance

NJSA 40A:2-26(e)

$42,500,000 Proposed Non-Conforming Maturity Schedule

NJSA 40A:2-11

$42,500,000 Proposed Waiver of Down Payment

NJSA 40A:2-46

$42,500,000 Proposed Self-Liquidating Status

1:25 PM Ocean Township Fire District #2

Ocean - NJSA 40A:5A-6

$379,983 Proposed Project Financing

Page 9 of 9

1:30 PM Camden City

Camden - NJSA 40A:3-1

$3,335,700 Proposed Qualified Bond Ordinance

NJSA 40A:2-7(d)

$3,335,700 Proposed Extension of Credit

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.