AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, April 12, 2006 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 SEVEN (7) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:00 AM #1 Teaneck Township Board
of Education
Bergen - NJSA
18A:24-61.5(1)
$11,000,000 Proposed
School Refunding Bonds
#2 East Brunswick Township Board of Education
Middlesex - NJSA
18A:24-61.5(1)
$11,000,000 Proposed
School Refunding Bonds
#3 Montville Township Board of Education
Morris - NJSA
18A:24-61.5(1)
$8,000,000 Proposed
School Refunding Bonds
#4 Sayreville Borough Board of Education
Middlesex - NJSA
18A:24-61.5(1)
$21,750,000 Proposed
School Refunding Bonds
#5 Old Bridge Township Board of Education
Middlesex - NJSA
18A:24-61.5(1)
$42,500,000 Proposed School Refunding Bonds
#6 Millstone Township Board
of Education
Monmouth - NJSA
18A:24-61.5(1)
$10,000,000 Proposed School Refunding Bonds
#7 Northern Burlington Regional Board of Education
Burlington - NJSA
18A:24-61.5(1)
$15,400,000 Proposed
School Refunding Bonds
Page 2 of 5
**THE
FOLLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON A CONSENT AGENDA**
10:10 AM Long Hill Township
Morris - NJSA 40A:2-51
$3,350,000 Proposed
Refunding Bond Ordinance
**THE
FOLLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON A CONSENT AGENDA**
10:15 AM Glen Ridge Borough
Essex - NJSA 58:11B-9(a)
$1,800,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$1,800,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11
$1,800,000 Proposed
Waiver of Down Payment
10:20 AM Salem City
Salem - NJSA 40A:2-26(e)
$1,160,000 Proposed Non-Conforming
Maturity Schedule
10:25
AM Hamilton Township Fire District #5
Mercer - NJSA 40A:5A-6
$260,000 Proposed
Project Financing
10:30 AM Secaucus Town
(Tax Appeals)
Hudson - NJSA 40A:2-51
$2,290,000 Proposed
Refunding Bond Ordinance
10:35 AM Mansfield Township Board
of Education
Warren - NJSA
18A:20-4.2(f)
$3,100,000 Proposed
Lease Purchase Agreement
10:40 AM Bordentown City
(Tax Appeals)
Burlington
- NJSA 40A:2-51
$361,000 Proposed Refunding Bond Ordinance
10:45 AM East Brunswick Township
Middlesex - NJSA
40A:2-11
$32,000,000 Proposed Waiver of Down Payment
10:55 AM Berkeley Township Municipal
Utilities Authority
(Station
Road Water Treatment Plant)
Ocean - NJSA 40A:5A-6
$1,150,000 Proposed Project Financing
11:00 AM Tabernacle Township Fire
District #1
Burlington - NJSA
40A:5A-6
$750,000 Proposed
Project Financing
Page 3 of 5
11:05 AM Rahway City Housing
Authority
(Energy & Water)
Union - NJSA 40A: 40A:5A-6
$460,000 Proposed Project
Financing
NJSA 12A-29(a)
$460,000 Proposed Sale
of Bonds
11:10 AM Bergen County Improvement Authority
(Township
of Lynhurst Project)
Bergen - NJSA 40A:5A-6
$5,000,000 Proposed Project
Financing
NJSA 40A:5A-7
$5,000,000 Proposed County
Guarantee
Lyndhurst
Township
Bergen
-
NJSA
40A:2-11
$5,000,000 Proposed Waiver
of Down Payment
11:15 AM Union City
Hudson - NJSA
40A:2-26(e)
$15,506,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:3-1
$772,000 Proposed
Qualified Bond Ordinance
NJSA 40A:3-1
$500,000 Proposed
Qualified Bond Ordinance
11:20 AM Prospect Park
Borough
Passaic - NJSA
40A:4-45.3(ee)
$52,500 Proposed CAP
Waiver (Surplus)
11:25 AM Upper Deerfield
Township
Cumberland - NJSA
40A:4-45.3(ee)
$144,876 Proposed CAP
Waiver (Surplus)
11:30 AM Emerson Borough
Bergen - NJSA
40A:4-45.3(ee)
$96,265 Proposed CAP
Waiver (Surplus)
11:35 AM Maplewood Township
Essex - NJSA 40A:2-11
$3,000,000 Proposed
Waiver of Down Payment
11:40 AM New Providence
Borough
Union - NJSA 40A:2-11
$800,000 Proposed Waiver
of Down Payment
11:45
AM New Providence Borough
Union - NJSA 40A:2-26(e)
$4,670,000 Proposed
Non-Conforming Maturity Schedule
Page 4 of 5
11:50 AM Montclair Township
Essex - NJSA 40A:2-26(e)
Proposed Non-Conforming
Maturity Schedule
General
Improvement Bonds $19,215,000
Water
Utility Bonds $3,453,000
School
Bonds $16,715,000
Parking
Utility Bonds $18,000,000
11:55 AM High Bridge Borough
Hunterdon - NJSA
40A:4-45.3(e)
$101,028 Proposed CAP Waiver (Deficit)
11:58 AM Greater Egg Harbor Regional High School District
Atlantic - NJSA
18A:24-61.5(1)
$12,400,000 Proposed
School Refunding Bonds
12:00 PM Monroe Township Fire District #1
Middlesex - NJSA
40A:5A-6
$600,000 Proposed
Project Financing
12:05 PM Palmyra Borough Board of Education
Burlington - NJSA
18A:24-7
$3,487,000 Proposed
Non-Conforming Maturity Schedule
12:10 PM Washington Township Fire
District #1
Gloucester - NJSA
40A:5A-6
$2,500,000 Proposed
Project Financing
12:15 PM Washington Township
Municipal Utilities Authority
(Utility System Revenue Bonds)
Gloucester - NJSA
40A:5A-6
$8,000,000 Proposed
Project Financing
12:20 PM Atlantic County
Improvement Authority
(Egg Harbor Golf Corporation)
Atlantic - NJSA 40:5A-6
$10,500,000 Proposed
Project Financing
Atlantic - NJSA 40A: 37A-54(1)
$10,500,000 Proposed
Project Financing
12:25 PM Delanco Township
Burlington - NJSA
40A:4-45.3(ee)
$439,037 Proposed CAP
Waiver (Surplus)
12:30
PM Livingston Township
Essex - NJSA 40A:2-51
$9,600,000 Proposed Refunding Bond Ordinance
12:35 PM “Old Business”
Pennsauken Township
Camden – NJSA 40A:12A-37(d)
$51,000,000 Proposed Redevelopment
Project
Page 5 of 5
12:40
PM Morristown Town Parking Authority
(Parking
Garage Construction)
Morris - NJSA 40A: 5A-6
$29,000,000 Proposed
Project Financing
NJSA 40A: 5A-7
$29,000,000 Proposed
Security Agreement
12:45 PM Passaic County Improvement Authority
(Preakness
Healthcare Center Facility Expansion Project)
Passaic - NJSA 40A:5A-6
$7,500,000 Proposed Project Financing
12:50 PM Newark City
Essex - NJSA 40A:3-1
$63,700,000 Proposed
Qualified Bond Ordinance
NJSA 18A:24-85
$63,700,000 Proposed
School Qualified Bonds
12:55 PM Salem
City Municipal Port Authority
Salem
– NJSA 40:68A-43.1
Proposed
Municipal Port Authority Budget Approval
1:00 PM Ewing Township
Mercer - NJSA
40A:4-45.3(ee)
$459,692 Proposed CAP
Waiver (Surplus)
NJSA 40A:4-45.3(e)
$134,928 Proposed CAP
Waiver (Deficit)
1:05 PM Consideration
of Director’s Recommendation
For
State Aid to Certain Municipalities Under
The Special Municipal
Aid Act
N.J.S.A.
52:27D-118.24 et seq.
Township of Ewing
City of Paterson
City of Camden
Patricia Parkin McNamara
Executive Secretary
Local Finance Board
All visitors to the Department of Community
Affairs Building are required to show personal 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.