AGENDA

LOCAL FINANCE BOARD

         DATE:         Wednesday, March 12, 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 et seq.

                       Local Government Ethics Law

         

IV.                  Applications:

 

**THE FOLLOWING NINE (9) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**

    10:30 AM  #1           Mahwah Township                        

                        Bergen - NJSA 40A:2-51

                        $15,000,000 Proposed Refunding Bond Ordinance

                    #2               South Brunswick Township               

                        Middlesex - NJSA 40A:2-51

                        $8,250,000 Proposed Refunding Bond Ordinance

                    #3 Clifton City                            

                        Passaic - NJSA 40A:2-51

                        $17,000,000 Proposed Refunding Bond Ordinance

                    #4           Fort Lee Borough                       

                        Bergen - NJSA 40A:2-51

                        $6,850,000 Proposed Refunding Bond Ordinance

                    #5          Cranbury Township

                        Middlesex - NJSA 40A:2-51

                        $10,750,000 Proposed Refunding Bond Ordinance

                    #6        Westwood Borough                       

                        Bergen - NJSA 40A:2-51

                           $2,500,000 Proposed Refunding Bond Ordinance

                    #7            Haddon Township                        

                        Camden - NJSA 40A:2-51

                        $4,400,000 Proposed Refunding Bond Ordinance

 

 

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                    #8         Voorhees Township                      

                        Camden - NJSA 40A:2-51

                               $3,925,000 Proposed Refunding Bond Ordinance

                         #9                         Hackensack City                        

                        Bergen - NJSA 40A:2-51

                        $7,850,000 Proposed Refunding Bond Ordinance

 

**THE FOLLOWING SEVEN (7) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**

    10:40 AM  #1    Perth Amboy City Board of Education    

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

                        $11,500,000 Proposed School Refunding Bonds

                    #2       Colts Neck Township Board of Education 

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

                        $3,400,000 Proposed School Refunding Bonds

                    #3 Central Regional School District

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

                        $6,700,000 Proposed School Refunding Bonds

                    #4           Palmyra Borough Board of Education     

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

                        $2,000,000 Proposed School Refunding Bonds

                    #5 Brick Township Board of Education

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

                        $22,000,000 Proposed School Refunding Bonds

                          #6                        Scotch Plains-Fanwood Board of Education

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

                             $13,600,000 Proposed School Refunding Bonds

                    #7 Ridgefield Park Village Board of Education

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

                        $4,400,000 Proposed School Refunding Bonds

 

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

          10:45 AM   Camden City

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

                        $3,405,000 Proposed Environmental Infrastructure Trust Loan Program

                        NJSA 40A:3-1

                        $3,405,000 Proposed Qualified Bond Ordinance

                        NJSA 40A:2-26(e)

                        $3,405,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-7(d)

                        $3,405,000 Proposed Extension of Credit

 

 

 

 

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          10:50 AM Alpine Borough                         

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

                        $1,635,000 Proposed Non-Conforming Maturity Schedule

          10:55 AM      Mount Holly Municipal Utilities Authority

                        Sewer Revenue Refunding Bonds

                        Burlington - NJSA 40A:5A-6

                        $5,750,000 Proposed Project Financing

          11:00 AM    Collingswood Borough                   

                        General Obligation Bonds

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

                        $7,670,000 Proposed Non-Conforming Maturity Schedule

                        Taxable General Obligation Bonds

                        NJSA 40A:2-26(e)

                        $4,935,000 Proposed Non-Conforming Maturity Schedule

          11:05 AM        Monmouth County Improvement Authority  

                        Correctional Facilities Revenue Refunding Bonds

                        Monmouth - NJSA 40A:5A-6

                        $15,000,000 Proposed Project Financing

 

              11:10 AM                        Berlin Township

                        Camden – NJSA 40A:2-51

                        $3,450,000 Proposed Refunding Bond Ordinance

          11:15 AM  Ocean County Utilities Authority       

                        Wastewater Revenue Refunding Bonds

                        Ocean - NJSA 40A:5A-6

                        $17,750,000 Proposed Project Financing

          11:20 AM     Weehawken Township                     

                        Hudson - NJSA 40A:2-11

                        $2,600,000 Proposed Waiver of Down Payment

          11:25 AM         Somerset County Improvement Authority

                        Social Services Project Notes

                        Somerset - NJSA 40A:5A-6

                               $4,400,000 Proposed Project Financing

              11:30 AM       Clayton Borough                        

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

                        $2,525,000 Proposed Non-Conforming Maturity Schedule

          11:35 AM Clayton Borough Board of Education

                        Gloucester - NJSA 18A:24-7

                        $45,323,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 18A:24-23

                        $45,323,000 Proposed Extension of Credit

                        NJSA 18A:24-9.1

                             $45,323,000 Proposed Redemption Provisions

 

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          11:40 AM Avalon Borough                         

                        General Obligation Bonds

                        Cape May - NJSA 40A:2-26(e)

                        $19,000,000 Proposed Non-Conforming Maturity Schedule 

                        Water/Sewer Utility Bonds

                        NJSA 40A:2-26(e)

                        $2,350,000 Proposed Non-Conforming Maturity Schedule

          11:45 AM           Haledon Borough Municipal Utilities Authority

                        Water Revenue Bonds

                        Passaic - NJSA 40A:5A-6

                        $6,000,000 Proposed Project Financing

                        Project Notes

                        NJSA 40A:5A-6

                        $2,000,000 Proposed Project Financing

          11:50 AM Harrison Town                          

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

                        $2,500,000 Proposed Non-Conforming Maturity Schedule

                        NJSA 40A:2-11

                        $2,500,000 Proposed Waiver of Down Payment

                        NJSA 40A:2-7(d)

                        $2,500,000 Proposed Extension of Credit

          11:55 AM  Bergen County Improvement Authority

                        Water Pollution Control System Revenue Bonds

                        Bergen - NJSA 40A:5A-6

                        $30,000,000 Proposed Project Financing

                        NJSA 40A:5A-7

                        $30,000,000 Proposed County Guarantee

                        Bergen County Utilities Authority

                        NJSA 40A:5A-6

                        $30,000,000 Proposed Project Financing

          12:00 PM Absecon City                           

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

                        $4,400,000 Proposed Non-Conforming Maturity Schedule

          12:05 PM Bayonne City                           

                        (ERI)

                        Hudson - NJSA 40A:3-1

                        $8,500,000 Proposed Qualified Bond Ordinance

                        NJSA 18A:24-61.5(1)

                        $8,500,000 Proposed School Refunding Bonds

                        NJSA 40A:2-51

                        $8,500,000 Proposed Refunding Bond Ordinance

 

 

 

 

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          12:10 PM West New York Town

                        Hudson - NJSA 40A:2-51

                        $3,920,000 Proposed Refunding Bond Ordinance

          12:15 PM            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

 

          12:20 PM         Lakewood Airport Authority

                          Ocean – NJSA 40:68A-43.1

                                 Proposed Budget Approval

 

              12:25 PM                     Woodbine Port Authority

                              Cape May – NJSA 40:68A-43.1

                        Proposed Budget Approval

          12:30 PM  Local Finance Board

                         State – NJSA 43:15C-2a(3)

                                 Proposed Defined Contribution Retirement Program Eligibility

 

               12:35 PM    Division of Local Government Services

                           State – NJSA 40A:4-5.1

                                 Proposed Extension of Budget Calendar

 

              12:40 PM                             Hamilton Township

                        Mercer – NJSA 52:27BB-54 et seq.

                        Municipalities in Unsound Financial Condition

 

              12:45 PM                         New Jersey Department of Agriculture

                           State – NJSA 40A:4-45.46

                                 Proposed Property Tax Levy CAP Waiver

                            (Gypsy Moth Suppression Program)

 

                     

 

                     

                        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.