AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, February 13, 2008 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 FIVE (5)
APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:00 AM
#1 Summit City
Union - NJSA 40A:2-51
$10,250,000 Proposed
Refunding Bond Ordinance
#2 Maplewood Township
Essex - NJSA 40A:2-51
$7,500,000 Proposed
Refunding Bond Ordinance
#3 Burlington Township
Burlington - NJSA 40A:2-51
$5,500,000 Proposed
Refunding Bond Ordinance
#4 West Windsor Township
Mercer - NJSA 40A:2-51
$18,250,000 Proposed
Refunding Bond Ordinance
#5 Elizabeth City
Union - NJSA 40A:2-51
$14,500,000 Proposed
Refunding Bond Ordinance
**THE FOLLOWING FOUR (4)
APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:10 AM #1 Old Business
Woodbridge Township
Middlesex - NJSA
40A:2-51
$17,750,000 Proposed
Refunding Bond Ordinance
Page 2 of 5
#2 Old
Business
Burlington County Bridge
Commission
Burlington - NJSA
40A:5A-6
$39,100,000 Proposed Project
Financing
NJSA 40A:5A-7
$39,100,000 Proposed
County Guarantee
#3 Old
Business
Ringwood Borough
Passaic - NJSA 40A:2-51
$5,000,000 Proposed
Refunding Bond Ordinance
#4 Old
Business
Newton Town
Sussex - NJSA 40A:2-51
$4,500,000 Proposed
Refunding Bond Ordinance
10:20 AM Milltown Borough Board
of Education
Middlesex - NJSA
18A:24-7
$7,207,000 Proposed
Non-Conforming Maturity Schedule
10:25 AM South Orange-Maplewood
Regional Board of Education
Essex - NJSA 18A:24-7
$11,975,000 Proposed
Non-Conforming Maturity Schedule
10:30 AM Garfield City
Bergen - NJSA
40A:2-26(e)
$9,560,000 Proposed
Non-Conforming Maturity Schedule
10:35 AM Voorhees Township Board
of Education
Camden - NJSA 18A:24-7
$10,199,000 Proposed
Non-Conforming Maturity Schedule
10:40 AM Salem County Improvement
Authority
(Correctional Facility &
Court House Annex Project)
Salem - NJSA 40A:5A-6
$4,250,000 Proposed
Project Financing
10:45 AM Salem County Improvement Authority
County College Project
Salem - NJSA 40A:5A-6
$5,600,000 Proposed Project
Financing
NJSA 40:37A-80
$5,600,000 Proposed County
Guarantee
10:50 AM Somerset County
Improvement Authority
(Open Space Notes)
Somerset
- NJSA 40A:5A-6
$12,000,000 Proposed
Project Financing
Page 3 of 5
10:55 AM Gloucester Township Fire
District #3
Camden - NJSA 40A:5A-6
$259,000 Proposed
Project Financing
11:00 AM Millstone Township
Monmouth - NJSA 40A:2-11
$12,165,000 Proposed
Waiver of Down Payment
11:05 AM Camden County
Improvement Authority
(Mount Ephraim Fire Station
Project)
Camden - NJSA 40A:5A-6
$3,000,000 Proposed Project
Financing
NJSA 40:37A-80
$3,000,000 Proposed Municipal
Guarantee
11:10 AM Washington Borough
Warren - NJSA
40A:2-26(e)
$5,590,000 Proposed
Non-Conforming Maturity Schedule
11:15 AM Gloucester County
Improvement Authority
(County Capital Program)
Gloucester - NJSA
40A:5A-6
$98,000,000 Proposed
Project Financing
NJSA 40:37A-80
$98,000,000 Proposed
County Guarantee
11:20 AM Newark City
(ERI)
Essex - NJSA 40A:2-51
$23,200,000 Proposed
Refunding Bond Ordinance
NJSA 40A:3-1
$23,200,000 Proposed
Qualified Bond Ordinance
11:25 AM Weymouth Township
Municipal Utilities Authority
(Belcoville Sanitary Sewer Pump
Station)
Atlantic - NJSA 40A:5A-6
$250,000 Proposed
Project Financing
11:30 AM Millstone Township FD
#1
Monmouth - NJSA 40A:5A-6
$625,000 Proposed
Project Financing
11:35 AM Clayton Borough Board of
Education
Gloucester - NJSA
18A:24-9.1
$45,323,000 Proposed
Redemption Provision
NJSA 18A:24-23
$45,323,000 Proposed
Extension of Credit
NJSA 18A:24-7
$45,323,000 Proposed
Non-Conforming Maturity Schedule
Page 4 of 5
11:40 AM Willingboro Municipal Utilities Authority
Burlington - NJSA 58:11B-9(a)
$4,500,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:5A-6
$4,500,000 Proposed Project
Financing
11:45 AM East Brunswick
Township
Middlesex - NJSA
40A:2-11
$2,500,000 Proposed
Waiver of Down Payment
East
Brunswick Township Fire District #2
Middlesex
– NJSA 40A:5A-6
$2,500,000
Proposed Project Financing
11:50 AM Old Business
Carteret Redevelopment Agency
Middlesex - NJSA 40A:5A-6
$7,000,000 Proposed Project
Financing
NJSA
40A:5A-7
$7,000,000
Proposed Municipal Guarantee
NJSA 40A:12A-67g
$7,000,000 Proposed Redevelopment
Area Bonds
11:55 AM Perth Amboy City
(Emergency Appropriation)
Middlesex - NJSA
40A:2-7(d)
$6,600,000 Proposed
Extension of Credit
NJSA 40A:2-51
$6,600,000 Proposed
Refunding Bond Ordinance
NJSA 40A:3-1
$6,600,000 Proposed
Qualified Bond Ordinance
(Insurance Reserves)
NJSA
40A:2-7(d)
$3,400,000 Proposed
Extension of Credit
NJSA 40A:2-11
$3,400,000 Proposed
Waiver of Down Payment
NJSA 40A:3-1
$3,400,000 Proposed
Qualified Bond Ordinance
12:00 PM Jersey City Municipal Utilities Authority
Hudson - NJSA 58:26-19
Proposed Public Private
Contract
Page 5 of 5
12:05 PM Hillside Township
Union - NJSA
40A:4-45.3(ee)
$402,789 Proposed CAP
Waiver (Surplus)
12:10 PM Trenton City
Mercer - NJSA
40A:4-45.3(dd)
$1,310,159 Proposed CAP
Waiver (Sale of Assets)
12:15 PM Edison Township
Middlesex - NJSA
40A:4-45.46
$567,342 Proposed
Property Tax Levy CAP Waiver
12:20 PM Kingwood
Township
Hunterdon
– NJSA 40A:4-45.3(dd)
$74,000
Proposed CAP Waiver (Sale of Assets)
12:25 PM Carteret Municipal Port
Authority
Middlesex - NJSA
40:68A-43.1
Proposed Budget Approval
12:30 PM Lyndhurst Township
Bergen –- NJSA 40A:4-45.3(ee)
$1,882,050 Proposed CAP
Waiver (Surplus)
12:35 PM Dennis
Township Fire District #2
Cape
May – NJSA 40A:4-46
$12,000
Proposed Property Tax Levy CAP Waiver
12:40 PM Local Finance Board
State - NJSA
43:15C-2a(3)
Proposed Defined
Contribution Retirement Program Eligibility
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.