AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, May 14, 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:9-22.1 et seq.
Local Government Ethics Law
IV.
Applications:
**THE FOLLOWING NINE (9)
APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:00 AM #1 Runnemede Borough
Camden - NJSA
58:11B-9(a)
$2,200,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$2,200,000 Proposed
Non-Conforming Maturity Schedule
#2 Gloucester City
Camden - NJSA
58:11B-9(a)
$9,445,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$9,445,000 Proposed
Non-Conforming Maturity Schedule
#3 North Hudson Sewerage Authority
Hudson - NJSA
58:11B-9(a)
$34,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$34,000,000 Proposed
Project Financing
#4 Orange City Township
Essex - NJSA 58:11B-9(a)
$9,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:3-1
$9,000,000 Proposed
Qualified Bond Ordinance
NJSA 40A:2-26(e)
$9,000,000 Proposed
Non-Conforming Maturity Schedule
Page 2 of 5
#5 Princeton Township
Mercer - NJSA 58:11B-9(a)
$2,200,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$2,200,000 Proposed Non-Conforming
Maturity Schedule
#6 Princeton Borough
Mercer - NJSA 58:11B-9(a)
$2,200,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$2,200,000 Proposed Non-Conforming
Maturity Schedule
#7 Haddon Township
Camden - NJSA
58:11B-9(a)
$6,540,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$6,540,000 Proposed
Non-Conforming Maturity Schedule
#8 Bellmawr Borough
Camden - NJSA 58:11B-9(a)
$8,100,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$8,100,000 Proposed Non-Conforming
Maturity Schedule
#9 High Bridge Borough
Hunterdon - NJSA 58:11B-9(a)
$4,900,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$4,900,000 Proposed Non-Conforming
Maturity Schedule
**THE
FOLLOWING TWO (2) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:10 AM
#1 Union Township Board of Education
Union - NJSA
18A:24-61.5(1)
$21,000,000 Proposed
School Refunding Bonds
#2 New Providence Board of Education
Union - NJSA
18A:24-61.5(1)
$3,100,000 Proposed
School Refunding Bonds
**THE
FOLLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**
10:15 AM
#1 Hamilton Township
Mercer - NJSA 40A:2-51
$8,800,000 Proposed
Refunding Bond Ordinance
10:20 AM Fredon Township Board of
Education
Sussex - NJSA 18A:24-7
$5,000,000 Proposed
Non-Conforming Maturity Schedule
Page 3 of 5
10:25 AM Lindenwold Borough Fire District #1
Camden - NJSA 40A:5A-6
$169,907 Proposed Project Financing
10:30 AM Mount Ephraim Borough
Camden - NJSA
40A:4-45.13
$126,700 Proposed
Assumption of Services
10:35 AM Frelinghuysen Township
Warren - NJSA 40A:2-11(c)
$350,000 Proposed Waiver
of Down Payment
10:40 AM Old Bridge Township
Middlesex - NJSA
40A:2-26(e)
$19,130,000 Proposed
Non-Conforming Maturity Schedule
10:45 AM Sussex County Municipal
Utilities Authority
Revenue Bonds
Sussex - NJSA 40A:5A-6
$8,000,000 Proposed
Project Financing
10:50 AM Morris County
Improvement Authority
Guaranteed
Pooled Program
Morris - NJSA 40A:5A-6
$13,850,000 Proposed Project
Financing
NJSA 40:37A-80
$13,850,000 Proposed County Guarantee
Brick Township
Ocean - NJSA 40A:2-26(e)
$9,900,000 Proposed Non-Conforming
Maturity Schedule
NJSA 40A:2-11
$9,900,000 Proposed Waiver
of Down Payment
10:55 AM Bergen County
Improvement Authority
Pooled Solar Loan Program
Bergen
- NJSA 40A:5A-6
$3,200,000 Proposed Project
Financing
NJSA 40A:5A-7
$3,200,000 Proposed County
Guarantee
Northwest Bergen County Utilities Authority
NJSA
40A:5A-6
$3,115,000
Proposed Project Financing
Page 4 of 5
11:00 AM Jersey City
Tax Appeals
Hudson
- NJSA 40A:3-4
$2,200,000
Proposed Qualified Bond Ordinance
NJSA 40A:2-51
$2,200,000 Proposed
Refunding Bond Ordinance
11:05 AM
11:05 AM Hoboken Municipal
Hospital Authority
Revenue Bonds
Hudson
- NJSA 40A:5A-6
$12,000,000 Proposed
Project Financing
11:10 AM North Hudson Sewerage
Authority
2008 Refunding Bond Program
Hudson - NJSA 40A:5A-6
$385,000,000 Proposed
Project Financing
11:15 AM West New York Town
Hudson - NJSA 40A:3-4
$11,483,000 Proposed
Qualified Bond Ordinance
11:20 AM Union Township
Union - NJSA 40A:2-26(e)
$9,980,000 Proposed
Non-Conforming Maturity Schedule
11:25 AM Newton Town
Sussex - NJSA
40A:2-26(e)
$1,545,000 Proposed
Non-Conforming Maturity Schedule
11:30 AM Cape May City
Cape May - NJSA 40A:2-11
$10,500,000 Proposed
Waiver of Down Payment
11:35 AM Bayonne City
ERI
Hudson
- NJSA 40A:2-51
$10,500,000 Proposed
Refunding Bond Ordinance
NJSA 18A:24-61.5(1)
$10,500,000 Proposed
School Refunding Bonds
NJSA 40A:3-1
$10,500,000 Proposed
Qualified Bond Ordinance
Page 5 of 5
11:40 AM Harrison Town
Hudson - NJSA 40A:2-11
$2,500,000 Proposed
Waiver of Down Payment
NJSA 40A:2-26(e)
$2,500,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-7(d)
$2,500,000 Proposed Extension
of Credit
11:45 AM Hudson County
Improvement Authority
Harrison Advance Infrastructure
Project
Hudson - NJSA
58:11B-9(a)
$47,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$47,000,000 Proposed Project
Financing
NJSA 40:37A-80
$47,000,000 Proposed
Municipal Guarantee
NJSA 40A:12A-67g
$47,000,000 Proposed Redevelopment
Area Bonds
11:50 AM Consideration of
Director’s Recommendation
For State Aid to Certain
Municipalities Under
The Special Municipal Aid Act
NJSA 52:27D-118.24 et seq.
City of Bridgeton
City of Asbury Park
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.
Scheduled times are approximate, please arrive 30 minutes
prior to your listed time.
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.