AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, November 12, 2008 LOCATION: Department of Community Affairs
Conference Room #129
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:
9:55 AM
(Tax Appeals)
Hudson - NJSA 40A:2-51
$600,000 Proposed
Refunding Bond Ordinance
10:00 AM Old Bridge Township Fire District #4
Middlesex - NJSA
40A:5A-6
$155,000 Project
Financing for Fire Districts
10:05 AM Voorhees Township Fire District
#3
$5,500,000 Proposed
Project Financing
10:10 AM
Mercer - NJSA
40A:2-26(e)
$8,910,000 Proposed
Non-Conforming Maturity Schedule
10:15 AM
Hunterdon - NJSA
40A:2-26(e)
$5,392,000 Proposed
Non-Conforming Maturity Schedule
10:20 AM Englishtown Borough Fire
District #1
Monmouth - NJSA 40A:5A-6
$75,000 Proposed Project
Financing
Page 2 of 5
10:25 AM
(Tax Appeals)
Essex
- NJSA 40A:2-51
$960,000 Proposed
Refunding Bond Ordinance
10:30 AM
Monmouth - NJSA 40A:3-1
$5,840,000 Proposed
Qualified Bond Ordinance
10:35 AM Old Business
Somerset - NJSA
18A:24-61.5(1)
$30,000,000 Proposed
School Refunding Bonds
10:38 AM Old Business
(Parking Revenue Bonds)
$4,500,000
Proposed Project Financing
10:40 AM
Middlesex - NJSA
40A:2-26(e)
$13,375,000 Proposed
Non-Conforming Maturity Schedule
10:45 AM
Ocean - NJSA 40A:2-26(e)
$19,841,000 Proposed
Non-Conforming Maturity Schedule
10:50 AM
(Tax Appeals)
$1,300,000 Proposed
Refunding Bond Ordinance
10:55 AM Little
$4,235,000 Proposed
Non-Conforming Maturity Schedule
11:00 AM
(Tax Exempt Revenue Bonds)
$2,250,000 Proposed
Project Financing
NJSA 40A:5A-6
$2,250,000 Proposed
(Tax Exempt Revenue Bonds)
$2,250,000 Proposed
Project Financing
NJSA 40A:5A-6
$2,250,000 Proposed
Service Contract
Page 3 of 5
11:05 AM
(Issuance of Notes)
Monmouth - NJSA 40A:5A-6
$4,900,000 Proposed
Project Financing
11:10 AM Branchville Borough
(USDA – Rural Development Program
Rural Utilities Service)
$2,743,000 Proposed
Waiver of Down Payment
11:15 AM
(USDA – Rural Development Program
Borough of Branchville)
$5,496,000 Proposed
Project Financing
NJSA 40A:5A-6
$5,496,000 Proposed Service
Agreement
11:20 AM Old Business
Hunterdon – NJSA 40A:2-26(e)
$8,125,000
Proposed Non-Conforming Maturity Schedule
11:25 AM
Hudson - NJSA 40A:3-4
$150,000 Proposed
Qualified Bond Ordinance
11:30 AM
(Tax Appeals)
Essex - NJSA 40A:2-51
$10,630,000 Proposed
Refunding Bond Ordinance
NJSA 40A:3-1
$10,630,000 Proposed
Qualified Bond Ordinance
11:35 AM
Hudson - NJSA 40A:3-4
$39,928,000 Proposed
Qualified Bond Ordinance
11:40 AM Rutherford Borough
(Tax Appeals)
$500,000 Proposed
Refunding Bond Ordinance
11:45 AM
$4,380,000 Proposed
Qualified Bond Ordinance
Page 4 of 5
11:50 AM
Proposed Dissolution of
Garbage District
NJSA
40A:45.13
$2,197,500
Proposed Assumption of Service
11:55 AM
Morris - NJSA 40A:5A-25
$2,408,032 Proposed Rate
Increase
12:00 PM Hudson County
Improvement Authority
(Harrison Commons)
Hudson - NJSA
40A:12A-67g
$15,000,000 Proposed
Redevelopment Area Bonds
and
Financial Agreement
NJSA
40A:5A-6
$15,000,000
Proposed Project Financing
NJSA
40:37A-80
$15,000,000
Proposed Town Guaranty
12:05 PM Brielle Borough
Sea
Girt Borough
Monmouth - NJSA 40A:5A-4
Proposed Creation of Southeast Monmouth
Utilities Authority
12:10 PM
Hudson - NJSA 40A:5A-6
$70,000,000 Proposed
Project Financing
12:15 PM
(2009 PFRS Pension Benefit Costs)
State - NJSA 40A:4-45.46
Proposed Property Tax
Levy CAP Waiver
NJSA
40A:4-45(d)
Proposed
CAP Waiver for Extraordinary Circumstances
12:20 PM Division of Local Government Services
State
– NJSA 40A:20-20 and 52:27BB-10
New
Rule Adoption
(Reporting
Requirements for Long – Term Tax Exemption Projects)
State
– NJAC 5:30-8.8
Page 5 of 5
12:25 PM
Ocean
– NJSA 40A:4-45.46
$1,787,487
Proposed Property Tax Levy Waiver
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.