AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, June 11, 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 TWENTY-TWO (22) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:00 AM
#1 Old Bridge Municipal Utilities Authority
Middlesex - NJSA
58:11B-9(a)
$4,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$4,000,000 Proposed
Project Financing
#2 Newark City
Essex - NJSA 58:11B-9(a)
$18,400,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$18,400,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-46
$18,400,000 Proposed
Self-Liquidating Status
NJSA 40A:2-11
$18,400,000 Proposed Waiver
of Down Payment
#3 Ocean County Utilities Authority
Camden - NJSA
58:11B-9(a)
$16,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$16,000,000 Proposed
Project Financing
Page 2 of 8
#4 New Jersey Water Supply Authority
Hunterdon - NJSA
58:11B-9(a)
$3,000,000 Proposed
Environmental Infrastructure Trust Loan Program
#5 Camden County Municipal Utilities Authority
Camden - NJSA
58:11B-9(a)
$25,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$25,000,000 Proposed
Project Financing
#6 Milltown Borough
Middlesex - NJSA
58:11B-9(a)
$1,505,700 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$1,505,700 Proposed Non-Conforming
Maturity Schedule
#7 Linden City
Union - NJSA 58:11B-9(a)
$3,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-11
$3,000,000 Proposed
Waiver of Down Payment
NJSA 40A:2-26(e)
$3,000,000 Proposed Non-Conforming
Maturity Schedule
#8 Ship Bottom Borough
Water Bonds
Ocean - NJSA 58:11B-9(a)
$1,350,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$1,350,000 Proposed Non-Conforming
Maturity Schedule
#9 Ship Bottom Borough
Sewer Bonds
Ocean - NJSA 58:11B-9(a)
$850,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$850,000 Proposed
Non-Conforming Maturity Schedule
#10 Lakewood Township Municipal Utilities Authority
Ocean - NJSA 58:11B-9(a)
$17,500,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$17,500,000 Proposed
Project Financing
NJSA 40A:2-26(e)
$17,500,000 Proposed
Non-Conforming Maturity Schedule
Page 3 of 8
#11 Beachwood Borough
Ocean - NJSA 58:11B-9(a)
$3,300,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$3,300,000 Proposed
Non-Conforming Maturity Schedule
#12 Burlington City
Burlington - NJSA
58:11B-9(a)
$8,250,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$8,250,000 Proposed
Non-Conforming Maturity Schedule
#13 Clinton Township Sewerage Authority
Hunterdon - NJSA
58:11B-9(a)
$1,600,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$1,600,000 Proposed
Project Financing
#14 Bayonne City Redevelopment Agency
Hudson - NJSA 58:11B-9(a)
$20,500,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$20,500,000 Proposed
Project Financing
NJSA 40A:12A-29(a)
$20,500,000 Proposed
Private Sale of Bonds
#15 Readington Township
Hunterdon - NJSA
58:11B-9(a)
$13,000,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$13,000,000 Proposed Non-Conforming
Maturity Schedule
#16 East Windsor Municipal Utilities Authority
Mercer - NJSA
58:11B-9(a)
$30,600,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$30,600,000 Proposed
Project Financing
#17 Jersey City Municipal Utilities Authority
Hudson - NJSA
58:11B-9(a)
$6,500,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$6,500,000 Proposed Project Financing
Page 4 of 8
#18 Stafford Township
Ocean - NJSA 58:11B-9(a)
$7,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$7,000,000 Proposed
Non-Conforming Maturity Schedule
#19 Gloucester County Utilities Authority
Gloucester - NJSA
58:11B-9(a)
$3,750,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$3,750,000 Proposed
Project Financing
#20 Middletown Township Sewerage Authority
Monmouth - NJSA 58:11B-9(a)
$15,750,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:5A-6
$15,750,000 Proposed Project
Financing
#21 Western Monmouth Utilities Authority
Monmouth - NJSA
58:11B-9(a)
$7,500,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$7,500,000 Proposed
Project Financing
#22 Atlantic County Improvement Authority
Atlantic - NJSA
58:11B-9(a)
$5,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$5,000,000 Proposed
Project Financing
**THE
FOLLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**
10:15 AM
#1 New Milford Borough Board of Education
Bergen - NJSA
18A:24-61.5(1)
$5,000,000 Proposed
School Refunding Bonds
**THE
FOLLOWING TWO (2) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:20 AM #1 Stafford Township
Ocean
- NJSA 40A:2-51
$10,000,000 Proposed
Refunding Bond Ordinance
#2 Old Business
Neptune
Township Sewerage Authority
Sewer Revenue Refunding Bonds
Monmouth
– NJSA 40A:5A-6
$7,100,000
Proposed Project Financing
Page 5 of 8
10:25 AM Lawrence Township Board of Education
Mercer - NJSA 18A:24-7
$10,508,000 Proposed
Non-Conforming Maturity Schedule
10:30 AM Elizabeth City
Union - NJSA 40A:2-26(e)
$12,455,000 Proposed
Non-Conforming Maturity Schedule
10:35 AM West Caldwell Borough
Board of Education
Essex - NJSA 18A:24-7
$14,765,000 Proposed
Non-Conforming Maturity Schedule
10:40 AM Hopewell Borough Fire District
#1
Mercer - NJSA 40A:5A-6
$40,000 Proposed Project
Financing
10:45 AM Ocean City
Cape May - NJSA
40A:2-26(e)
$14,500,000 Proposed
Non-Conforming Maturity Schedule
10:50 AM Spring Lake Heights
Borough Fire District #1
Monmouth - NJSA 40A:5A-6
$560,000 Proposed
Project Financing
10:55 AM Fanwood Borough
Union - NJSA 40A:2-26(e)
$3,200,000 Proposed
Non-Conforming Maturity Schedule
11:00 AM Old Business
Swedesboro-Woolwich Consolidated Board of
Education
Gloucester - NJSA
18A:24-61.5(1)
$13,000,000 Proposed
School Refunding Bonds
11:05 AM Atlantic County
Improvement Authority
Pleasantville Board of Education Real Property Acquisition
Atlantic
- NJSA 40A:5A-6
$1,500,000 Proposed
Project Financing
11:10 AM Atlantic
County Improvement Authority
Atlantic
– NJSA 40:48-8.33(b)
$3,000,000
Proposed Use of Luxury Tax Funds
11:15 AM Monmouth County
Improvement Authority
Brookdale Community College
Monmouth - NJSA 40A:5A-6
$41,000,000 Proposed
Project Financing
NJSA 40:37A-80
$41,000,000 Proposed
County Guarantee
Page 6 of 8
11:20 AM Mercer County
Improvement Authority
Atlantic Foundation Project
Mercer - NJSA 40A:5A-6
$30,000,000 Proposed
Project Financing
NJSA 40:37A-54(1)
$30,000,000 Proposed
Project Financing
11:25 AM Sayreville Borough
Middlesex - NJSA
40A:2-26(e)
$3,000,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:12-5(b)(l)
$3,000,000 Proposed
Installment Purchase Agreement
11:30 AM Orange City Township
Essex - NJSA 40A:2-51
$14,250,000 Proposed
Refunding Bond Ordinance
NJSA 40A:3-1
$14,250,000 Proposed
Qualified Bond Ordinance
11:35 AM Bergen County
Improvement Authority
Bergen Regional Medical Center
Bergen - NJSA 40A:5A-6
$26,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$26,000,000 Proposed
County Guarantee
11:40 AM West Orange
Township
Essex - NJSA 40A:2-26(e)
$8,735,000 Proposed
Non-Conforming Maturity Schedule
11:45 AM Old
Business
West
Orange Township
Essex
– NJSA 12A-67g
$41,000,000
Proposed Redevelopment Area Bonds
11:50 AM Paterson City Parking
Authority
Parking Revenue Bonds
Passaic - NJSA 40A:5A-6
$4,500,000 Proposed
Project Financing
11:55 AM Paterson City
Passaic - NJSA
40A:2-26(e)
$4,724,665 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$4,724,665 Proposed
Waiver of Down Payment
NJSA 40A:3-4
$4,724,665 Proposed
Qualified Bond Ordinance
Page 7 of 8
12:00 PM South Amboy Redevelopment Agency
Middlesex - NJSA
40A:5A-6
$5,000,000 Proposed
Project Financing
NJSA 40A:12A-29(a)
$5,000,000 Proposed Sale
of Bonds
12:05 PM Bergen County Utilities
Authority
Bergen - NJSA
58:11B-9(a)
$32,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$32,000,000 Proposed
Project Financing
12:10 PM Hudson
County Improvement Authority
Harrison Advance Infrastructure Project
Hudson
- NJSA 58:11B-9(a)
$47,000,000
Proposed Environmental Infrastructure Trust Loan Program
NJSA
40:37A-80
$47,000,000
Proposed Municipal Guarantee
NJSA
40A:5A-6
$47,000,000
Proposed Project Financing
NJSA
40A:12A-67g
$47,000,000
Proposed Redevelopment Area Bonds
12:15 PM Old Business
Morris County Improvement Authority
Renewal of Notes
Morris - NJSA 40A:5A-6
$20,000,000 Proposed Project
Financing
County Guaranteed Leasing Program
Morris
- NJSA 40A:5A-6
$10,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$10,000,000 Proposed County
Guarantee
12:20 PM Sussex County Municipal
Utilities Authority
Sussex - NJSA 40A:5A-6
$8,000,000 Proposed
Project Financing
12:25 PM Hoboken Municipal
Hospital Authority
Revenue Bonds
Hudson - NJSA 40A:5A-6
$12,000,000 Proposed
Project Financing
Page 8 of 8
12:30 PM Proposed
Creation of a Municipal
Consolidation
Study Commission
NJSA
40A:65-25
Sussex
Borough
Wantage
Township
12:35 PM 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 Camden
12:40 PM Division
of Local Government Services
State – NJSA 40A:20-20 and 52:27BB-10
Proposed New Rule
(Reporting Requirements for Long-Term Tax Exemption
Projects)
State – NJAC 5:30-8.8
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.