AGENDA

LOCAL FINANCE BOARD

DATE: Wednesday, August 13, 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 (ONE) (1) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**

10:00 AM  #1 Brick Township

Ocean - NJSA 40A:2-51

$6,700,000 Proposed Refunding Bond Ordinance

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

10:05 AM  #1 Spring Lake Borough Board of Education

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

$1,725,000 Proposed School Refunding Bonds

10:15 AM Norwood Borough                        

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

$4,680,000 Proposed Non-Conforming Maturity Schedule

10:20 AM Milford Borough                        

Hunterdon - NJSA 40A:2-11

$1,665,000 Proposed Waiver of Down Payment

              10:25 AM Westwood Borough Board of Education

Bergen - NJSA 18A:24-7

$16,672,000 Proposed Non-Conforming Maturity Schedule

10:30 AM Ridgefield Park Village

(Tax Appeals)

Bergen - NJSA 40A:2-51

$950,000 Proposed Refunding Bond Ordinance

Page 2 of 4

10:35 AM Egg Harbor Township Board of Education

Atlantic - NJSA 18A:24-7

$27,924,000 Proposed Non-Conforming Maturity Schedule

10:40 AM Old Business

Florham Park Board of Education

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

$9,700,000 Proposed School Refunding Bonds

10:45 AM Old Bridge Municipal Utilities Authority

(Revenue Bonds)

Middlesex - NJSA 40A:5A-6

$6,000,000 Proposed Project Financing

10:50 AM Burlington County Bridge Commission    

(Solid Waste Project)

Burlington - NJSA 40A:5A-6

$32,502,500 Proposed Project Financing

10:55 AM Essex County Utilities Authority       

(Water System Project Notes)

                              Essex - NJSA 40A:5A-6

$6,250,000 Proposed Project Financing

NJSA 40A:5A-24

$6,250,000 Proposed Renewal of Notes

11:00 AM Somerset County Improvement Authority

  (Energy Audit Program Bonds)

Somerset - NJSA 40A:5A-6

$1,000,000 Proposed Project Financing

11:05 AM Somerset County Improvement Authority

(Adult Day Care Center)

Somerset - NJSA 40:37A-54(1)

$2,000,000 Proposed Project Financing

              11:10 AM  Old Business

                              Monmouth County

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

                              $50,000,000 Proposed Non-Conforming Maturity Schedule

                              NJSA 40A:12-5(b)(1)

                              $50,000,000 Proposed Installment Purchase Agreements

11:15 AM Kearny Town

Hudson - NJSA 40A:3-1

$6,260,000 Proposed Qualified Bond Ordinance

Page 3 of 4

11:20 AM Trenton City

Mercer - NJSA 40A:3-1

$1,350,000 Proposed Qualified Bond Ordinance

NJSA 18A:24-85

$1,350,000 Proposed School Qualified Bonds Ordinance

11:25 AM Cape May City                          

Cape May - NJSA 40A:2-11

$10,500,000 Proposed Waiver of Down Payment

11:30 AM Middlesex County Improvement Authority 

(Capital Equipment & Improvement Financing Program)

Middlesex - NJSA 40A:5A-6

$15,000,000 Proposed Project Financing

NJSA 40A:5A-7

$15,000,000 Proposed County Guarantee

(Roosevelt Care Center, Meadows at Middlesex Golf Course Bonds)

                              NJSA 40:37A-54(1)

$2,000,000 Proposed Project Financing

11:35 AM Passaic County Improvement Authority

(County Guaranteed Governmental Loan Revenue Bonds)

Passaic - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing       

NJSA 40:37A-80

$10,000,000 Proposed County Guarantee

Ringwood Borough

NJSA 40A:2-26(e)

$5,000,000 Proposed Non-Conforming Maturity Schedule

Haledon Borough 

NJSA 40A:2-26(e)

$4,220,000 Proposed Non-Conforming Maturity Schedule

              11:37 AM Essex County                            

Essex - NJSA 40A:2-51

$35,000,000 Proposed Refunding Bond Ordinance

11:40 AM Essex County Improvement Authority     

(Parking Facility Revenue Refunding Bonds)

                              Essex - NJSA 40A:5A-6

$8,500,000 Proposed Service Agreement

NJSA 40A:5A-7

$8,500,000 Proposed Project Financing

Page 4 of 4

11:45 AM Rahway Redevelopment Agency

(City Secured Project Notes & Revenue Bonds)

Union - NJSA 40A:5A-6

$7,500,000 Proposed Project Financing

NJSA 40A:5A-24

$7,500,000 Proposed Renewal of Notes

NJSA 40A:12A-29(a)

$7,500,000 Proposed Private Sale of Bonds

             11:50 AM Salem County

Salem - NJSA 40A:2-11

$9,854,000 Proposed Waiver of Down Payment

11:55 AM Salem County

Salem - NJSA 40A:5A-20

Proposed Dissolution of Utilities Authority

12:00 PM Hazlet Township

Monmouth - NJSA 40A:2-11

$2,157,000 Proposed Waiver of Down Payment

NJSA 40A:5A-20

$2,157,000 Proposed Dissolution of Sewer Authority

NJSA 40A:2-46

$2,157,000 Proposed Self-Liquidating Status

NJSA 40A:4-45.13

$2,157,000 Proposed Assumption of Services

               12:05 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 Newark            $45,000,000

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.