AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, November 7, 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
Local Government Ethics Law
IV.
Applications:
** THE FOLLOWING TWO (2)
APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA **
10:30 AM #1 North Bergen Township
Hudson - NJSA 40A:2-51
$12,000,000 Proposed
Refunding Bond Ordinance
#2 West Deptford Township
Gloucester - NJSA
40A:2-51
$22,500,000 Proposed
Refunding Bond Ordinance
** THE
FOLLOWING TWO (2) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA **
10:35 AM #1 Saddle Brook Township
Board of Education
Bergen - NJSA
18A:24-61.5(1)
$9,200,000 Proposed
School Refunding Bonds
#2 Atlantic City Board of Education
Atlantic - NJSA
18A:24-61.5(1)
$12,500,000 Proposed
School Refunding Bonds
Page 2 of 6
** THE
FOLLOWING TWO (2) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA **
10:40 AM
#1 Middletown Township
Monmouth - NJSA
58:11B-9(a)
$3,800,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-11
$3,800,000 Proposed
Waiver of Down Payment
NJSA 40A:2-26(e)
$3,800,000 Proposed
Non-Conforming Maturity Schedule
#2 Ocean Township
Ocean - 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
10:45 AM Roselle Park
Borough
Bergen - NJSA
40A:2-26(e)
$4,099,000 Proposed
Non-Conforming Maturity Schedule
10:50 AM Somerset County
Improvement Authority
(Land Acquisition/Bridgewater
Township)
Somerset - NJSA 40A:5A-6
$4,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$4,000,000 Proposed
County Guarantee
10:55 AM Glassboro Borough
Gloucester - NJSA
40A:2-7(d)
$8,000,000 Proposed
Extension of Credit
11:00 AM Florence Township Fire District
#1
Burlington - NJSA
40A:5A-6
$600,000 Proposed
Project Financing
11:05 AM Old Business
Tinton Falls Borough
Monmouth - NJSA 40A:2-51
$7,000,000 Proposed
Refunding Bond Ordinance
11:10 AM Shrewsbury Borough
Monmouth - NJSA 40A:2-11
$791,622 Proposed Waiver
of Down Payment
Page 3 of 6
11:15 AM Monmouth County
Improvement Authority
(Governmental Loan Revenue Bonds)
Monmouth - NJSA 40A:5A-6
$65,000,000 Proposed
Project Financing
11:20 AM Old Business
Stony Brook Regional Sewerage Authority
Mercer - NJSA 40A:5A-6
$8,250,000 Proposed
Project Financing
11:25 AM Old Business
Plumsted Township Board of Education
Ocean - NJSA
18A:24-61.5(1)
$7,000,000 Proposed
School Refunding Bonds
11:30 AM Swedesboro-Woolwich
Consolidated Board of Education
Gloucester - NJSA
18A:24-7
$21,975,000 Proposed Non-Conforming
Maturity Schedule
11:35 AM Burlington County Bridge
Commission
(County Guaranteed Pooled Loan
Revenue Bonds)
Burlington - NJSA
40A:5A-6
$10,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$10,000,000 Proposed
County Guarantee
11:40 AM Vernon Township
Sussex - NJSA
40A:2-26(e)
$2,850,000 Proposed
Non-Conforming Maturity Schedule
11:45 AM Tenafly Borough
Bergen - NJSA
40A:2-26(e)
$8,614,000 Proposed
Non-Conforming Maturity Schedule
11:50 AM Florham Park Borough
(Tax Appeals)
Morris - NJSA 40A:2-51
$6,185,000 Proposed
Refunding Bond Ordinance
11:55 AM Old Business
Seaside
Heights Borough
Ocean
- NJSA 40A:2-26(e)
$2,300,000
Proposed Non-Conforming Maturity Schedule
12:00 PM Monroe Township Fire
District #2
Middlesex - NJSA
40A:5A-6
$4,345,000 Proposed
Project Financing
Page 4 of 6
12:05 PM Egg Harbor Township
Municipal Utilities Authority
(Sewer Revenue Bonds)
Atlantic - NJSA 40A:5A-6
$4,900,000 Proposed
Project Financing
12:10 PM Old Business
Franklin Township Board of Education
Somerset - NJSA
18A:24-61.5(1)
$30,000,000 Proposed
School Refunding Bonds
12:15 PM West Windsor
Township
Mercer - NJSA 40A:2-26(e)
$9,175,000 Proposed
Non-Conforming Maturity Schedule
12:20 PM Paterson City
Passaic - NJSA 40A:3-4
$2,380,000 Proposed
Qualified Bond Ordinance
12:25 PM Montclair Township
(Tax Appeals)
Essex - NJSA 40A:2-51
$1,988,000 Proposed
Refunding Bond Ordinance
12:30 PM Chesterfield Township Board of Education
Burlington - NJSA
18A:24-7
$38,700,000 Proposed
Non-Conforming Maturity Schedule
NJSA 18A:24-9.1
$38,700,000 Proposed
Redemption Provisions
NJSA 18A:24-23
$38,700,000 Proposed
Extension of Credit
12:35 PM Egg Harbor Township
Board of Education
Atlantic - NJSA
18A:24-23
$9,000,000 Proposed
Extension of Credit
NJSA 18A:24-7
$9,000,000 Proposed
Non-Conforming Maturity Schedule
NJSA 18A:24-9.1
$9,000,000 Proposed
Redemption Provision
12:40 PM Bridgeton City
Cumberland - NJSA
40A:2-11
$1,200,000 Proposed
Waiver of Down Payment
12:45 PM Princeton Borough
Mercer - NJSA 40A:2-51
$11,700,000 Proposed
Refunding Bond Ordinance
Page 5 of 6
12:50 PM Irvington Township
Essex - NJSA 40A:2-26(e)
$9,070,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:3-1
$9,070,000 Proposed
Qualified Bond Ordinance
12:55 PM Passaic County Utilities
Authority
(Solid Waste Project Notes)
Passaic - NJSA 40A:5A-6
$125,000 Proposed
Project Financing
(Solid Waste Disposal Revenue
Bonds)
Passaic - NJSA 40A:5A-6
$20,000,000 Proposed
Project Financing
1:00 PM North Bergen Township Municipal Utilities
Authority
(Subordinated Sewer Revenue
Bonds)
Hudson - NJSA 40A:5A-6
$6,000,000 Proposed
Project Financing
1:05 PM East Brunswick Township
Fire District #1
Middlesex - NJSA
40A:5A-6
$6,000,000 Proposed Project
Financing
East
Brunswick Township
NJSA 40A:2-11
$6,000,000 Proposed Waiver
of Down Payment
1:10 PM Bayonne City
(Tax Appeals)
Hudson - NJSA 40A:3-1
$2,800,000 Proposed
Qualified Bond Ordinance
NJSA 40A:2-51
$2,800,000 Proposed
Refunding Bond Ordinance
1:15 PM Trenton City
Mercer - NJSA 40A:2-7(d)
$10,679,000 Proposed
Extension of Credit
NJSA 40A:3-1
$14,329,000 Proposed
Qualified Bond Ordinance
1:20 PM Middlesex County
Improvement Authority
(Perth Amboy Acquisition Project)
Middlesex - NJSA 40A:5A-6
$17,255,000 Proposed
Project Financing
NJSA
40:37A-80
$17,255,000
Proposed Municipal Guarantee
Page 6 of 6
1:25 PM Newark City
Essex - NJSA 40A:3-4
$23,600,000 Proposed
Qualified Bond Ordinance
NJSA
40A:2-51
$23,600,000
Proposed Refunding Bond Ordinance
NJSA
18A:24-97
$23,600,000
Proposed School Qualified Refunding Bond Ordinance
1:30 PM Ocean County Utilities
Authority
Ocean - NJSA 58:27-19
Wastewater Treatment (Public
Private Contract)
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.