AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, April 9, 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) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**
10:00 AM #1 South Orange Village
Township
Essex - NJSA 40A:2-51
$9,000,000 Proposed
Refunding Bond Ordinance
#2 Toms River Township
Ocean - NJSA 40A:2-51
$6,000,000 Proposed
Refunding Bond Ordinance
#3 Montville Township
Morris - NJSA 40A:2-51
$14,950,000 Proposed
Refunding Bond Ordinance
#4 Atlantic County
Atlantic - NJSA 40A:2-51
$39,000,000 Proposed
Refunding Bond Ordinance
#5 Essex County
Essex - NJSA 40A:2-51
$27,000,000 Proposed
Refunding Bond Ordinance
**THE
FOLLOWING SIX (6) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**
10:10 AM
#1 Salem City Board of Education
Salem - NJSA
18A:24-61.5(1)
$3,900,000 Proposed
School Refunding Bonds
Page 2 of 6
#2 Somerset Hills Regional Board of Education
Somerset - NJSA
18A:24-61.5(1)
$3,500,000 Proposed
School Refunding Bonds
#3 Hillsdale Borough Board of Education
Bergen - NJSA
18A:24-61.5(1)
$2,500,000 Proposed
School Refunding Bonds
#4 Sparta Township Board of Education
Sussex - NJSA
18A:24-61.5(1)
$20,700,000 Proposed
School Refunding Bonds
#5 Cresskill Borough Board of Education
Bergen - NJSA
18A:24-61.5(1)
$2,700,000 Proposed School Refunding Bonds
#6 Old Business
Leonia Borough Board of Education
Bergen - NJSA
18A:24-61.5(1)
$10,000,000 Proposed
School Refunding Bonds
**THE
FOLLOWING TWO (2) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:20 AM #1 Gloucester Township
Municipal Utilities Authority
Camden - NJSA 58:11B-9(a)
$4,500,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$4,500,000 Proposed
Project Financing
#2 Mantua Township Municipal Utilities Authority
Gloucester - NJSA
58:11B-9(a)
$4,200,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$4,200,000 Proposed
Project Financing
10:25 AM Teaneck Township
(Judgement)
Bergen - NJSA 40A:2-51
$2,048,000 Proposed
Refunding Bond Ordinance
10:30 AM Wanaque Borough Sewerage
Authority
Sewer Revenue Bonds
Passaic - NJSA 40A:5A-6
$2,250,000 Proposed
Project Financing
10:35 AM Wanaque Borough Sewerage
Authority
Sewer Revenue Refunding Bonds
Passaic
- NJSA 40A:5A-6
$3,000,000 Proposed
Project Financing
Page 3 of 6
10:40 AM Wanaque Valley Regional
Sewerage Authority
Various Capital Improvements
Passaic
- NJSA 40A:5A-6
$2,500,000 Proposed
Project Financing
10:45 AM Wanaque Valley Regional
Sewerage Authority
Sewer Refunding Bonds
Passaic
- NJSA 40A:5A-6
$6,500,000 Proposed
Project Financing
10:50 AM Passaic County
Passaic - NJSA
40A:2-26(e)
$59,640,000 Proposed
Non-Conforming Maturity Schedule
10:55 AM Medford Township
Burlington - NJSA 40A:2-11
$12,000,000 Proposed
Waiver of Down Payment
11:00 AM Middlesex County
Improvement Authority
County Guaranteed Open Space
Trust Fund Revenue Refunding Bonds
Middlesex - NJSA 40A:5A-6
$46,000,000 Proposed Project
Financing
NJSA 40A:5A-7
$46,000,000 Proposed County
Guarantee
11:05 AM Wrightstown Borough
Burlington
– NJSA 40A:2-7(d)
$600,000 Proposed
Extension of Credit
11:10 AM Hamilton Township
Municipal Utilities Authority
Revenue Refunding Bonds
Atlantic - NJSA 40A:5A-6
$10,000,000 Proposed
Project Financing
11:15 AM Brick Township Fire District
#2
Ocean - NJSA 40A:5A-6
$1,700,000 Proposed
Project Financing
11:20 AM Atlantic County
Utilities Authority
Sewer Revenue Refunding Bonds
Atlantic - NJSA 40A:5A-6
$23,500,000 Proposed
Project Financing
11:25 AM Camden County
Improvement Authority
Coriell Institute for Medical Research, Inc. Project
Camden
- NJSA 40:37A-54(1)
$6,000,000 Proposed
Project Financing
Page 4 of 6
11:30 AM Camden County Improvement Authority
Camden County College Project
Camden
- NJSA 40A:5A-6
$6,000,000 Proposed Project
Financing
Camden County
NJSA 40A:2-26(e)
$6,000,000 Proposed Non-Conforming
Maturity Schedule
11:35 AM Gloucester County
Improvement Authority
Solid Waste Revenue Bonds,
Landfill Project
Gloucester
- NJSA 40A:5A-6
$16,000,000 Proposed Project
Financing
NJSA 40:37A-80
$16,000,000 Proposed County
Guarantee
11:40 AM Cape May County
Municipal Utilities Authority
Solid Waste System Revenue Bonds
Cape May - NJSA 40A:5A-6
$4,850,000 Proposed
Project Financing
11:45 AM Salem County
Salem - NJSA 40A:2-26(e)
$20,240,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:12-5(b)(l)
$20,240,000 Proposed
Installment Purchase Agreement
11:50 AM Morris Township
Morris - NJSA 40A:2-51
$3,860,000 Proposed
Refunding Bond Ordinance
11:55 AM Sussex
Borough
Sussex - NJSA 40A:2-51
$6,300,000 Proposed
Refunding Bond Ordinance
12:00 PM Sayreville Economic and
Redevelopment Agency
Middlesex - NJSA 40A:5A-6
$9,000,000 Proposed Project
Financing
NJSA 40A:12A-29(a)
$9,000,000 Proposed Private
Sale of Bonds
12:05 PM Montclair Township
Essex - NJSA 40A:2-26(e)
$26,201,000 Proposed
Non-Conforming Maturity Schedule
12:10 PM Piscataway Township
Tax Appeal
Middlesex - NJSA
40A:2-51
$2,290,000 Proposed
Refunding Bond Ordinance
Page 5 of 6
12:15 PM Verona Township
Essex - NJSA 40A:2-26(e)
$9,985,000 Proposed
Non-Conforming Maturity Schedule
12:20 PM High Bridge Borough
Hunterdon - NJSA
40A:2-7(d)
$245,000 Proposed
Extension of Credit
12:25 PM Old
Business
Hudson County Improvement Authority
West NY DPW Garage Project
NJSA 40A:5A-6
$8,000,000 Proposed
Project Financing
12:30 PM Hudson County
Improvement Authority
Harrison Commons Redevelopment
Project
Hudson - NJSA 40A: 5A-6
$11,000,000 Proposed Project
Financing
NJSA 40A: 12A-67g
$11,000,000 Proposed Redevelopment
Area Bonds
NJSA
40:37A-80
$11,000,000
Proposed County Guarantee
12:35 PM 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
12:40 PM Carteret Redevelopment
Agency
Middlesex - NJSA
40A:5A-6
$7,000,000 Proposed
Project Financing
Middlesex - NJSA
40A:5A-7
$7,000,000 Proposed
Municipal Guarantee
Middlesex - NJSA
40A:12A-67g
$7,000,000 Proposed
Redevelopment Area Bonds
12:45 PM South Amboy Redevelopment Agency
Recreation and Community Center
Middlesex - NJSA
40A:5A-6
$5,000,000 Proposed
Project Financing
NJSA 40A:12A-29(a)
$5,000,000 Proposed Sale
of Bonds
Page 6 of 6
12:50 PM Bayonne City
ERI
Hudson
- NJSA 40A:2-51
$8,500,000 Proposed Refunding
Bond Ordinance
NJSA 40A:3-1
$8,500,000 Proposed
Qualified Bond Ordinance
NJSA 18A:24-61.5(1)
$8,500,000 Proposed School
Refunding Bonds
12:55 PM Perth Amboy
Redevelopment Agency
Middlesex - NJSA 58:11B-9(a)
$46,000,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:5A-6
$46,000,000 Proposed Project
Financing
NJSA
40A:5A-7
$46,000,000
Proposed Municipal Guarantee
NJSA 40A:12A-67g
$46,000,000 Proposed
Redevelopment Area Bonds
NJSA 40A:12A-29(a)
$46,000,000 Proposed Private
Sale of Bonds
City of Perth Amboy
NJSA
40A:3-1
$46,000,000 Proposed
Qualified Bond Ordinance
1:00 PM Salem
City Municipal Port Authority
Salem
– NJSA 40:68A-43.1
Proposed
Municipal Port Authority Budget Approval
1:05 PM City
of Perth Amboy
Insurance Reserves
Middlesex
– NJSA 40A:2-7(d)
$3,680,000
Proposed Extension of Credit
NJSA
40A:2-11(c)
$3,680,000
Proposed Waiver of Down Payment
NJSA
40A:3-1
$3,680,000
Proposed Qualified Bond Ordinance
Patricia Parkin McNamara
Executive Secretary
Local Finance Board
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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.