AGENDA
LOCAL
FINANCE BOARD
DATE: Monday, July 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 et seq.
Local Government Ethics Law
IV.
Applications:
**THE FOLLOWING TWO (2)
APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:00 AM #1 Hamilton Township Board
of Education
Mercer - NJSA
18A:24-61.5(1)
$8,750,000 Proposed
School Refunding Bonds
#2 Rumson Borough Board of Education
Monmouth - NJSA
18A:24-61.5(1)
$3,000,000 Proposed
School Refunding Bonds
**THE
FOLLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**
10:05 AM #1 Ocean County
Ocean - NJSA 40A:2-51
$40,000,000 Proposed
Refunding Bond Ordinance
**THE
FOLLOWING SIX (6) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:10 AM #1 Keansburg Borough
Monmouth - NJSA
58:11B-9(a)
$2,500,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$2,500,000 Proposed
Non-Conforming Maturity Schedule
#2 Cinnaminson Sewerage Authority
Burlington - NJSA
58:11B-9(a)
$3,158,438 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$3,158,438 Proposed Project Financing
Page 2 of 4
#3 Medford Township
Burlington - NJSA
58:11B-9(a)
$7,051,172 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$7,051,172 Proposed
Non-Conforming Maturity Schedule
#4 Evesham Township Municipal Utilities Authority
Burlington - NJSA 58:11B-9(a)
$3,000,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:5A-6
$3,000,000 Proposed Project
Financing
#5 Berkeley
Township
Ocean
– NJSA 58:11B-9(a)
$2,050,000
Proposed Environmental Infrastructure Trust Loan Program
NJSA
40A:2-26(e)
$2,050,000
Proposed Non-Conforming Maturity Schedule
#6 Flemington
Borough
Hunterdon
– NJSA 58:11B-9(a)
$2,520,000
Proposed Environmental Infrastructure Trust Loan Program
NJSA
40A:2-26(e)
$2,520,000
Proposed Non-Conforming Maturity Schedule
**THE
FOLLOWING TWO (2) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:15 AM
#1 Seaside Heights Borough
Ocean - NJSA 40A:2-26(e)
$3,400,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$3,400,000 Proposed Waiver of Down Payment
#2 Flemington
Borough
Hunterdon
– NJSA 40A:2-26(e)
$1,749,000 Proposed Non-Conforming
Maturity Schedule
10:20 AM Edgewater Borough
Bergen - NJSA
40A:2-26(e)
$4,765,000 Proposed
Non-Conforming Maturity Schedule
10:25 AM Old Business
Elizabeth City
Union - NJSA 40A:2-26(e)
$12,455,000 Proposed
Non-Conforming Maturity Schedule
10:30 AM Old Business
Hammonton Town Board of Education
Atlantic - NJSA
18A:24-61.5(1)
$10,000,000 Proposed
School Refunding Bonds
Page 3 of 4
10:35 AM Medford Township
Burlington - NJSA
40A:2-26(e)
$12,187,000 Proposed
Non-Conforming Maturity Schedule
10:40 AM Glassboro Borough
Gloucester - NJSA
40A:2-7(d)
$8,980,000 Proposed
Extension of Credit
10:45 AM Mount Holly Municipal
Utilities Authority
(Taxable Sewer Revenue Bonds)
Burlington
- NJSA 40A:5A-6
$3,000,000 Proposed
Project Financing
10:50 AM Marlboro Township
Municipal Utilities Authority
Water System Improvements
Monmouth
- NJSA 40A:5A-6
$6,600,000 Proposed
Project Financing
10:55 AM Somerset County
Improvement Authority
(Acquisition and Renovation of Property)
Somerset
- NJSA 40A:5A-6
$15,600,000 Proposed
Project Financing
11:00 AM Camden County Improvement Authority
(Volunteers of America Delaware Valley, Inc.)
Camden
- NJSA 40:37A-54(1)
$5,500,000 Proposed
Project Financing
11:05 AM Atlantic County
Improvement Authority
Atlantic - NJSA
40:48-8.33(b)
$500,000 Proposed Use of
Luxury Tax Funds
11:10 AM North Hudson Sewerage
Authority
(Refunding of Outstanding Bonds)
Hudson
- NJSA 40A:5A-6
$233,000,000 Proposed
Project Financing
11:15 AM Old Business
Neptune Township Board of Education
Monmouth - NJSA
18A:20-4.2(g)
Proposed Joint Ownership
Agreement
11:20 AM Weehawken Township
Parking Authority
(Parking Revenue Bonds)
Hudson - NJSA 40A:5A-6
$3,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$3,000,000 Proposed
Municipal Guarantee
Page 4 of 4
11:25 AM Glen Rock Borough Board
of Education
Bergen - NJSA 18A:24-7
$45,343,000 Proposed
Non-Conforming Maturity Schedule
11:30 AM 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
11:35 AM Bergen County Utilities Authority
Bergen - NJSA
58:11B-9(a)
$3,000,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:5A-6
$3,000,000 Proposed
Project Financing
11:40 AM Jersey
City Redevelopment Agency
Hudson
– NJSA 58:11B-9(a)
$6,800,000
Proposed Environmental Infrastructure Trust Loan Program
NJSA
40A:5A-6
$6,800,000 Proposed Project Financing
11:45 AM Newark City
Essex - NJSA 40A:3-4
$63,700,000 Proposed
Qualified Bond Ordinance
NJSA 18A:24-85
$63,700,000 Qualified
School Bonds Ordinance
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.