AGENDA

LOCAL FINANCE BOARD

DATE: Wednesday, December 10, 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 EIGHT (8) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**

10:00 AM #1 Old Business

Saddle Brook Township Board of Education

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

$9,200,000 Proposed School Refunding Bonds

#2 Old Business

Union County

Union - NJSA 40A:2-51

$85,000,000 Proposed Refunding Bond Ordinance

#3 Old Business

Lenape Board of Education

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

$7,600,000 Proposed School Refunding Bonds

#4 Old Business

Monmouth Beach Borough Board of Education

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

$2,850,000 Proposed School Refunding Bonds

#5 Old Business

Jefferson Township Board of Education

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

$9,970,000 Proposed School Refunding Bonds

Page 2 of 5

#6 Old Business

Plumsted Township Board of Education

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

$7,000,000 Proposed School Refunding Bonds

#7 Wharton Borough

(Tax Appeals)

Morris - NJSA 40A:2-51

$200,000 Proposed Refunding Bond Ordinance

#8 West Cape May Borough

Cape May - NJSA 40A:2-26(e)

$924,000 Proposed Non-Conforming Maturity Schedule

10:15 AM Jefferson Township

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

$7,905,000 Proposed Non-Conforming Maturity Schedule

10:20 AM Manchester Township Municipal Utilities Authority

(Project Notes)

Ocean - NJSA 40A:5A-6

$6,000,000 Proposed Project Financing

10:25 AM North Haledon Borough

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

$5,153,000 Proposed Non-Conforming Maturity Schedule

10:30 AM Northvale Borough

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

$3,310,000 Proposed Non-Conforming Maturity Schedule

10:35 AM Paramus Borough

(Tax Appeals)

Bergen - NJSA 40A:2-51

$925,000 Proposed Refunding Bond Ordinance

10:40 AM Moonachie Borough

(Tax Appeals)

Bergen - NJSA 40A:2-51

$651,000 Proposed Refunding Bond Ordinance

10:45 AM Mercer County

Mercer - NJSA 40A:2-11

$37,478,330 Proposed Waiver of Down Payment

Page 3 of 5

10:50 AM Evesham Township Fire District #1

Burlington - NJSA 40A:5A-6

$3,500,000 Proposed Project Financing

10:55 AM Morris County Improvement Authority

(Guaranteed Loan Program)

Morris - NJSA 40A:5A-6

$22,000,000 Proposed Project Financing

NJSA 40A:5A-6

$22,000,000 Proposed County Guarantee

NJSA 40A:5A-6

$22,000,000 Proposed Loan Agreement

Lincoln Park Borough

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

$22,000,000 Proposed Non-Conforming Maturity Schedule

11:00 AM Camden County Improvement Authority

(Camden's Pride Charter Grammar School Project)

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

$5,670,000 Proposed Project Financing

11:05 AM Somerset County Improvement Authority

(Municipal Banc Program)

Somerset - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

NJSA 40A:5A-6

$10,000,000 Proposed County Guarantee

11:10 AM Somerset County Improvement Authority

(Bernards Office Facility and Nutrition Center/Project Notes)

Somerset - NJSA 40A:5A-6

$3,700,000 Proposed Project Financing

NJSA 40A:5A-6

$3,700,000 Proposed County Guarantee

11:15 AM Pittsgrove Township Fire District #2

Salem - NJSA 40A:5A-6

$350,000 Proposed Project Financing

11:20 AM Passaic County Improvement Authority

(County Guaranteed Leasing Program)

Passaic - NJSA 40A:5A-6

$10,000,000 Proposed Project Financing

NJSA 40A:5A-6

$10,000,000 Proposed County Guarantee

Page 4 of 5

11:25 AM Newark City

Essex - NJSA 40A:3-1

$66,566,000 Proposed Qualified Bond Ordinance

NJSA 40A:2-26(e)

$66,566,000 Proposed Non-Conforming Maturity Schedule

11:30 AM Newark City Housing Authority

(City Secured Police Facility Revenue Bonds)

Essex - NJSA 40A:5A-6

$68,000,000 Proposed Project Financing

NJSA 40A:12A-29(a)

$68,000,000 Proposed Private Sale of Bonds

NJSA 40A:5A-6

$68,000,000 Proposed Security Agreement

11:35 AM Seaside Park Borough

Ocean - NJSA 40A:2-11

$1,280,000 Proposed Waiver of Down Payment

11:40 AM Monroe Township

Middlesex - NJSA 40A:2-7(d)

$19,920,000 Proposed Extension of Credit

NJSA 40A:5A-20

$19,920,000 Proposed Dissolution of Utilities Authority

NJSA 40A:4-45.13

$19,920,000 Proposed Assumption of Services

NJSA 40A:2-46

$19,920,000 Proposed Self-Liquidating Status

11:45 AM Secaucus Town

(Tax Appeals)

Hudson - NJSA 40A:2-51

$2,200,000 Proposed Refunding Bond Ordinance

11:50 AM High Bridge Borough

Hunterdon - NJSA 40A:2-7(d)

$3,600,000 Proposed Extension of Credit

11:55 AM Kearny Town

Hudson - NJSA 40A:3-1

$1,775,000 Proposed Qualified Bond Ordinance

12:00 PM Warren Township Sewerage Authority

Somerset - NJSA 58:26-19

Proposed Public Private Contract

Page 5 of 5

12:05 PM Bayonne City

Hudson - NJSA 52:27D-464

Proposed Revenue Allocation District

12:10 PM South Amboy City

Middlesex - P.L. 2008, Ch. 92

Proposed Conversion to Calendar Fiscal Year

12:15 PM Local Finance Board

NJSA 43:15C-2a(3)

Proposed Amendment to Defined Contribution

Retirement Program Eligibility Guidelines

12:20 PM Perth Amboy Port Authority

NJSA 40:68A-43.1

Proposed Budget Approval

12:25 PM Hoboken City

Hudson – NJSA 52:27BB-54 et seq.

Local Government Supervision Act Update

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.