AGENDA

LOCAL FINANCE BOARD

         DATE:  Wednesday, March 14, 2007                            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 FOUR (4) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**          

        11:00 AM  #1  Swedesboro-Woolwich Consolidated Board of Education  

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

                              $13,000,000 Proposed School Refunding Bonds

                        #2  Woodcliff Lake Borough Board of Education            

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

                              $3,000,000 Proposed School Refunding Bonds

                        #3  East Amwell Township Board of Education

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

                              $2,100,000 Proposed School Refunding Bonds

                        #4  Clinton Township Board of Education

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

                              $10,000,000 Proposed School Refunding Bonds

 

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

               11:05 AM Wildwood City                          

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

                              $1,445,500 Proposed Non-Conforming Maturity Schedule

                              NJSA 40A:2-11

                              $1,445,500 Proposed Waiver of Down Payment

              11:10 AM  Hamilton Township                      

                              Mercer - NJSA 58:11B-9(a)

                              $4,225,000 Proposed Environmental Infrastructure Trust Program

                              NJSA 40A:2-26(e)

                              $4,225,000 Proposed Non-Conforming Maturity Schedule

                              NJSA 40A:2-11

                              $4,225,000 Proposed Waiver of Down Payment

 

Page 2 of 5

 

               11:15 AM “Old Business”

                              West New York Town

                              Hudson – NJSA 40A:2-26(e)

                              $6,100,000 Proposed Non-Conforming Maturity Schedule

 

                              NJSA 18A:24-7

                              $2,650,000 Proposed Non-Conforming Maturity Schedule

              11:20 AM  Ocean Gate Borough Board of Education

                              Ocean - NJSA 18A:24-7

                              $1,186,000 Proposed Non-Conforming Maturity Schedule

              11:25 AM  Old Business”

                              Union Township Board of Education      

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

                              $21,000,000 Proposed School Refunding Bonds

              11:30 AM  Gloucester Township Fire District #5              

                              Camden - NJSA 40A:5A-6

                              $1,200,000 Proposed Project Financing

              11:35 AM  Ocean Township Fire District #2

                              Monmouth - NJSA 40A:5A-6

                              $379,983 Proposed Project Financing

              11:40 AM  Bridgewater Township                   

                              Somerset - NJSA 40A:2-11

                              $23,900,000 Proposed Waiver of Down Payment

              11:45 AM  Fairfield Township                     

                              Essex - NJSA 40A:2-11

                              $7,500,000 Proposed Waiver of Down Payment

              11:50 AM  Old Business”

                              Morristown Town Parking Authority

                              (Morristown Town Parking Garage)

                              Morris - NJSA 40A:5A-6

                              $29,000,000 Proposed Project Financing

                              NJSA 40A:5A-7

                              $29,000,000 Proposed Security Agreement

              11:55 AM  Morristown Town Parking Authority

                              (Morristown Town Parking Garage)

                              Morris - NJSA 40A:5A-6

                              $15,000,000 Proposed Project Financing

              12:00 PM  Roselle Borough

                              Union - NJSA 40A:5A-20

                              Proposed Dissolution of Redevelopment Agency

              12:05 PM  North Bergen Township                    

                              Hudson - NJSA 40A:4-45.3(dd)

                              $2,244,800 Proposed CAP Waiver (Sale of Assets)

 

 

Page 3 of 5

 

              12:10 PM  Chesterfield Township                  

                              Burlington - NJSA 40A:4-45.3(ee)

                              $431,250 Proposed CAP Waiver (Surplus)

              12:15 PM  Allamuchy Township Board of Education  

                              Warren - NJSA 18A:24-7

                              $10,400,000 Proposed Non-Conforming Maturity Schedule

              12:20 PM  Camden County Improvement Authority    

                              (Cherry Hill Township-Library Project)

                              Camden - NJSA 40A:5A-6

                              $15,000,000 Proposed Project Financing

                              NJSA 40:37A-80

                              $15,000,000 Proposed Township Guarantee

              12:25 PM  Little Egg Harbor Township Board of Education

                              Ocean - NJSA 18A:24-7

                              $17,764,000 Proposed Non-Conforming Maturity Schedule

              12:30 PM  Mercer County Improvement Authority

                              (County Guaranteed Taxable Parking Revenue Bonds)    

                              Mercer - NJSA 40A:5A-6

                              $2,500,000 Proposed Project Financing

                              NJSA 40:37A-80

                              $2,500,000 Proposed County Guarantee

              12:45 PM  Lawrence Township Board of Education

                              Mercer - NJSA 18A:24-7

                              $9,800,000 Proposed Non-Conforming Maturity Schedule

              12:50 PM  Jersey City

                              Hudson - NJSA 40A:2-51

                              $84,000,000 Proposed Refunding Bond Ordinance

                              NJSA 40A:3-4

                              $84,000,000 Proposed Qualified Bond Ordinance

                              NJSA 18A:24-61.5(1)

                              $84,000,000 Proposed School Refunding Bonds

              12:55 PM  Fort Lee Borough                       

                              Bergen - NJSA 40A:2-11

                              $18,000,000 Proposed Waiver of Down Payment

                1:00 PM  West Windsor Township                  

                              Mercer - NJSA 40A:2-11

                              $1,275,000 Proposed Waiver of Down Payment

                1:05 PM  Kearny Town                            

                              Hudson - NJSA 40A:3-1

                              $1,083,000 Proposed Qualified Bond Ordinance

 

 

 

 

Page 4 of 5

 

                1:10 PM  Hudson County Improvement Authority

                              (Bayonne Medical Center Parking Garage Lease Revenue Bonds)    

                              Hudson - NJSA 40:37A-54(l)

                              $9,000,000 Proposed Project Financing 

                              NJSA 40A:5A-7

                              $9,000,000 Proposed Municipal Guarantee

                1:15 PM  Bayonne City Redevelopment Agency

                  (Project Notes for Refunding, Payment of Interlocal Services

                   Agreement and Capital Improvements at Peninsula of Bayonne Harbor)

                              Hudson - NJSA 40A:5A-6

                              $31,000,000 Proposed Project Financing

                1:20 PM  Bayonne City Redevelopment Agency

                              (Project Notes TCR)

                              Hudson - NJSA 40A:5A-6

                              $7,112,919 Proposed Project Financing

                              NJSA 40A:12A-29(a)

                              $15,706,000 Proposed Private Sale of Bonds

                1:25 PM  Bayonne City Parking Authority                           

                              (Parking Revenue Bonds)       

                              Hudson - NJSA 40A:5A-6

                              $4,000,000 Proposed Project Financing

                              NJSA 40A:5A-7

                              $4,000,000 Proposed Municipal Guarantee

                1:30 PM  Mahwah Township                         

                              Bergen - NJSA 40A:4-45.3(ee)

                              $1,000,000 Proposed CAP Waiver (Surplus)

                              Bergen - NJSA 40A:2-51

                              $2,000,000 Proposed Refunding Bond Ordinance

                1:45 PM  Lakewood Airport Authority

                              Ocean - NJSA 40:68A-43.1

                              Proposed Municipal Port Authority Budget Approval

                1:50 PM  Carteret Municipal Port Authority

                              Middlesex - NJSA 40:68A-43.1

                              Proposed Municipal Port Authority Budget Approval

                1:55 PM  Woodbine Municipal Port Authority      

                              Cape May - NJSA 40:68A-43.1

                              Proposed Municipal Port Authority Budget Approval

                2:00 PM  Salem City Municipal Port Authority    

                              Salem - NJSA 40:68A-43.1

                              Proposed Municipal Port Authority Budget Approval

 

 

 

 

 

Page 5 of 5

 

 

 

                  2:05 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.

 

                              Paterson City   $22,800,000 

                                                 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.