AGENDA
LOCAL FINANCE BOARD
DATE: Wednesday, December 9, 2009 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 Division of Local
Government Services
Proposed Adoption
of New Rules
NJSA 52:27D-489c
Economic
Redevelopment and Growth Grant Program
(P.L. 2009, Chapter 90)
**THE FOLLOWING FOUR (4)
APPLICATIONS WILL BE CONSIDRED ON CONSENT AGENDA**
10:00 AM #1 Keansburg Borough
Monmouth - NJSA
58:11B-9(a)
$3,125,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$3,125,000 Proposed
Non-Conforming Maturity Schedule
#2
Warren - NJSA
58:11B-9(a)
$3,265,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$3,265,000 Proposed
Non-Conforming Maturity Schedule
#3
$1,246,000 Proposed Environmental
Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$1,246,000 Proposed
Non-Conforming Maturity Schedule
Page 2 of 5
#4
$1,001,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$1,001,000 Proposed
Non-Conforming Maturity Schedule
NJSA 40A:2-11(c)
$1,001,000 Proposed
Waiver of Down Payment
**THE
FOLLOWING THREE (3) APPLICATIONS WILL BE CONSIDERED ON CONSENT AGENDA**
10:10 AM
#1
Morris - NJSA
18A:24-61.5(1)
$15,250,000 Proposed
School Refunding Bonds
#2 Kinnelon Borough Board of
Education
Morris - NJSA
18A:24-61.5(1)
$11,500,000 Proposed
School Refunding Bonds
#3
3iddlesex
– NJSA 18A:24-61.5
$21,000,000
Proposed School Refunding Bonds
**THE
FOLLOWING ONE (1) APPLICATION WILL BE CONSIDERED ON CONSENT AGENDA**
10:15 AM Little
Ocean - NJSA 40A:2-51
$3,750,000 Proposed
Refunding Bond Ordinance
10:20 AM
Middlesex
– NJSA 40A:4-45.46
$3,216,150
Proposed Property Tax Levy Waiver
10:25 AM
$5,230,000 Proposed
Non-Conforming Maturity Schedule
10:30 AM
$4,244,000 Proposed
Non-Conforming Maturity Schedule
10:35 AM Old Business
(
Middlesex
- NJSA 40A:5A-6
$40,000,000 Proposed
Project Financing
Page 3 of 5
10:40 AM
$147,250 Proposed
Extension of Credit
10:45 AM
(Yeshivat Noam Yeshiva of
$1,800,000 Proposed
Project Financing
10:50 AM
(Parking Project Notes-Township of
Essex
- NJSA 40A:5A-6
$4,000,000 Proposed
Project Financing
10:55 AM
(Parking Revenue Project Notes)
Hudson
- NJSA 40A:5A-6
$15,750,000 Proposed
Project Financing
NJSA 40A:5A-6
$15,750,000 Proposed
Municipal Guarantee
11:00 AM
(County Guaranteed Pooled Notes)
Hudson
- NJSA 40A:5A-6
$63,000,000 Proposed Project
Financing
NJSA 40A:5A-6
$63,000,000 Proposed
11:05 AM
Essex - NJSA 40A:2-26(e)
$176,472,000 Proposed Non-Conforming
Maturity Schedule
NJSA 40A:3-1
$176,472,000 Proposed Qualified
Bond Ordinance
NJSA 18A:24-90
$176,472,000 Qualified
School Bonds Ordinance
11:10 AM
Essex - NJSA 40A:2-51
$88,400,000 Proposed
Refunding Bond Ordinance
NJSA 40A:3-4
$88,400,000 Proposed
Qualified Bond Ordinance
11:15 AM
Essex
– NJSA 40A:3-1 et seq.
$7,055,000
Proposed Adoption of Bond Ordinance Pursuant to Qualified Bond Act
11:20
AM
$5,658,000 Proposed
Non-Conforming Maturity Schedule
Page 4 of 5
11:25 AM City of
Hudson
– NJSA 40A:3-1 et seq.
$2,476,000
Proposed Adoption of Bond Ordinance Pursuant to Qualified Bond Act
11:30 AM Matawan Borough
Monmouth - NJSA
58:11B-9(a)
$6,700,000 Proposed
Environmental Infrastructure Trust Loan Program
NJSA 40A:2-26(e)
$6,700,000 Proposed
Non-Conforming Maturity Schedule
NJSA
40A:2-11c
$6,700,000
Proposed Waiver of Down Payment
11:35 AM
(Tax Appeals)
$725,000 Proposed
Refunding Bond Ordinance
11:40 AM
(Tax Appeals)
Hudson
- NJSA 40A:2-51
$1,895,000 Proposed Refunding Bond Ordinance
11:45 AM
Hudson - NJSA
40A:2-26(e)
$15,608,000 Proposed
Non-Conforming Maturity Schedule
11:50 AM
(Tax Appeals)
Essex
- NJSA 40A:2-51
$2,000,000 Proposed
Refunding Bond Ordinance
11:55 AM
$100,000 Proposed Non-Conforming
Maturity Schedule
NJSA 40A:12A-37(e)
$100,000 Proposed
Redevelopment Project
NJSA 40A:12A-64
$100,000 Proposed Redevelopment
Area Bonds
12:00 PM
Monmouth - NJSA
40A:5A-20
$24,500,000 Proposed
Dissolution of Municipal Utilities Authority
NJSA 40A:2-46
$24,500,000 Proposed
Self-Liquidating Status
12:05 PM Proposed Creation of a
Municipal
Consolidation
Study Commission
NJSA
40A:65-25
Page 5 of 5
12:15 PM City of
$82,076,069
Proposed Economic Redevelopment Growth Grant
Patricia Parkin McNamara
Executive Secretary
Local Finance Board
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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.