AGENDA
LOCAL
FINANCE BOARD
DATE: Wednesday, April 18, 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 THREE
(3) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:00 AM #1 Essex Fells Borough
Essex - NJSA 40A:2-51
$3,450,000 Proposed
Refunding Bond Ordinance
#2 Mountain Lakes Borough
Morris - NJSA 40A:2-51
$3,200,000 Proposed
Refunding Bond Ordinance
#3 Long Branch City
Monmouth - NJSA 40A:2-51
$11,500,000 Proposed
Refunding Bond Ordinance
**THE
FOLLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**
10:05 AM Leonia Borough Board of
Education
Bergen - NJSA
18A:24-61.5(1)
$10,000,000 Proposed
School Refunding Bonds
10:10 AM Old Business
Union
Township Board of Education
Union
– NJSA 18A:24-61.5 (l)
$21,000,000
Proposed School Refunding Bonds
10:15 AM Lacey Municipal
Utilities Authority
(Revenue Refunding Bonds)
Ocean - NJSA 40A:5A-6
$20,000,000 Proposed Project Financing
Page 2 of 5
10:20 AM Middle Township Fire District
#1
Cape May - NJSA 40A:5A-6
$6,700,000 Proposed
Project Financing
10:25 AM Bergen County
Improvement Authority
(Water Pollution Control - Refunding Bonds)
Bergen - NJSA 40A:5A-6
$70,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$70,000,000 Proposed
Loan Agreement
NJSA 40A:5A-7
$70,000,000 Proposed
County Guarantee
Bergen
County Utilities Authority
NJSA 40A:5A-6
$70,000,000 Proposed Project
Financing
NJSA 40A:5A-7
$70,000,000 Proposed Loan
Agreement
10:30 AM Trenton City
Mercer - NJSA 40A:2-7(d)
$1,600,000 Proposed
Extension of Credit
NJSA 40A:3-1
$1,600,000 Proposed
Qualified Bond Ordinance
10:35 AM New Providence Borough
(Tax
Appeals)
Union - NJSA 40A:2-51
$1,982,470 Proposed
Refunding Bond Ordinance
10:40 AM Perth Amboy City
Middlesex - NJSA
40A:2-26(e)
$46,892,750 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:3-1
$46,892,750 Proposed
Qualified Bond Ordinance
10:45 AM Jersey City Municipal
Utilities Authority
(Sewer Revenue Refunding Bonds)
Hudson - NJSA 40A:5A-6
$32,240,000 Proposed
Project Financing
10:50 AM Cape May County Bridge
Commission
(County Guaranteed Revenue Bonds)
Cape May - NJSA 40A:5A-6
$10,000,000 Proposed
Project Financing
NJSA 40A:5A-7
$10,000,000 Proposed
County Guarantee
Page 3 of 5
11:00 AM Brick Township
Ocean - NJSA 40A:2-51
$14,000,000 Proposed
Refunding Bond Ordinance
11:05 AM Union County Improvement Authority
(Acquisition of 10 Cherry Street)
Union - NJSA 40A:5A-6
$1,275,000 Proposed
Project Financing
NJSA 40:37A-80
$1,275,000 Proposed
County Guarantee
11:10 AM Essex County Improvement
Authority
(St. James Preparatory School)
Essex - NJSA
40:37A-54(1)
$5,400,000 Proposed
Project Financing
11:15 AM High Bridge Borough
Hunterdon - NJSA
58:11B-9(a)
$6,575,000 Proposed
Environmental Infrastructure Trust Program
NJSA 40A:2-26(e)
$6,575,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-7(d)
$3,948,000 Proposed
Extension of Credit
11:20 AM Belleville Township
Essex - NJSA 40A:2-51
$12,200,000 Proposed
Refunding Bond Ordinance
11:25 AM Montclair Township
Essex - NJSA 40A:2-51
$37,000,000 Proposed
Refunding Bond Ordinance
11:30 AM Woodbury Heights Borough
Gloucester
– NJSA 40A:4-45.33ee
$85,000
Proposed CAP Waiver (Surplus)
11:35 AM West Long Branch
Borough
Monmouth - NJSA 40A:2-11
$1,315,180 Proposed
Waiver of Down Payment
11:40
AM Oldmans Township
Salem - NJSA
40A:4-45.3(ee)
$98,144
Proposed CAP Waiver (Surplus)
11:45
AM Greenwich Township
Warren - NJSA
40A:4-45.3(ee)
$202,335 Proposed CAP Waiver (Surplus)
11:50 AM River Edge Borough
Bergen - NJSA
40A:4-45.3(ee)
$174,031
Proposed CAP Waiver (Surplus)
Page 4 of 5
11:55 AM Maywood Borough
Bergen - NJSA
40A:4-45.3(ee)
$98,108 Proposed CAP
Waiver (Surplus)
12:00 PM New Milford Borough
Bergen - NJSA
40A:4-45.3(ee)
$339,085 Proposed CAP
Waiver (Surplus)
12:05 PM West Paterson
Borough
Passaic - NJSA
40A:4-45.3(ee)
$218,561 Proposed CAP
Waiver (Surplus)
12:10 PM Prospect Park
Borough
Passaic - NJSA
40A:4-45.3(ee)
$113,380 Proposed CAP
Waiver (Surplus)
12:15 PM Paramus Borough
Bergen - NJSA 40A:2-51
$5,500,000 Proposed
Refunding Bond Ordinance
12:20 PM Bogota Borough
Bergen - NJSA
40A:2-26(e)
$2,677,000 Proposed
Non-Conforming Maturity Schedule
12:25 PM River Vale Township
Bergen - NJSA
40A:2-26(e)
$6,042,000 Proposed
Non-Conforming Maturity Schedule
12:30 PM River Vale Township
Bergen - NJSA
40A:4-45.3(ee)
$258,850 Proposed CAP
Waiver (Surplus)
12:35 PM Wallington Borough
Bergen - NJSA
40A:4-45.3(ee)
$115,797 Proposed CAP
Waiver (Surplus)
12:40 PM Emerson Borough
Bergen - NJSA
40A:4-45.3(ee)
$218,214 Proposed CAP
Waiver (Surplus)
12:45 PM Edison Township
Middlesex - NJSA
40A:2-26(e)
$31,942,000 Proposed Non-Conforming Maturity
Schedule
12:50 PM Nutley Township Board of
Education
Essex - NJSA 18A:24-7
$385,000,000 Proposed
Non-Conforming Maturity Schedule
Page 5 of 5
12:55 PM Mercer County
Improvement Authority
(County Guaranteed Revenue Refunding Bonds)
Mercer - NJSA 40A:5A-6
$55,000,000 Proposed
Project Financing
1:00 PM Bayonne City
Hudson - NJSA 40A:3-1
$23,000,000 Proposed Qualified Bond Ordinance
Hudson
- NJSA 40A:4-45.3(e)
$24,838,569 Proposed CAP
Waiver (Deficit)
1:05 PM Ewing Township
Mercer - NJSA 40A:2-51
$6,500,000 Proposed
Refunding Bond Ordinance
1:10 PM West Orange Township
Essex - NJSA 40A:12A-67g
$41,000,000 Proposed
Redevelopment Area Bonds
1:15 PM Woodbridge Township
Middlesex - NJSA
40A:12A-67g
$10,000,000 Proposed
Redevelopment Area Bonds
1:20 PM Maurice River
Township
Cumberland - NJSA 40A:5A-20
Proposed Dissolution of
Fire District #5
NJSA 40A:5A-4
Proposed Creation of
Fire District
(Enlargement
of FD #1 and FD #2)
1:25 PM Lakewood Airport
Authority
Ocean - NJSA 40:68A-43.1
Proposed Municipal
Authority Budget
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.