DRAFT BERGEN COUNTY IMPROVEMENT AUTHORITY AGENDA WORK SESSION



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Meeting is Called to Order DRAFT BERGEN COUNTY IMPROVEMENT AUTHORITY AGENDA WORK SESSION THURSDAY, FEBRUARY 4, 2016 1:00 P.M. THIS MEETING WILL BE HELD AT ROOM 460-THE LEARNING CENTER, 4 TH FLOOR, ONE BERGEN COUNTY PLAZA, HACKENSACK, NEW JERSEY Proof of Publication of Public Meeting Notice Roll Call: Commissioner Bader Commissioner Birdsall Commissioner Gamio Commissioner Randall Commissioner Wilson Open Meeting for Public Comment for Matters Not on Today s Agenda Close Meeting for Public Comment Reports: Chairperson s Report General Counsel s Report Acting Executive Director s Report, including Bond Issues Bergen Regional Medical Center Reports o Hospital CEO Report Susan Mendelowitz o Compliance Report Bill Oster CPA o Urban Health Report Dr. Peter Breyer o Issues from the Subcommittees Special Assistant to the Exec. Director June Montag Closed Session: Advice of Counsel (if required) The next regularly scheduled BCIA Meeting will be held on Thursday, March 3, 2016, at 1:00 p.m. in the Room 460-Learning Center, 4 th Floor, ONE Bergen County Plaza, Hackensack, New Jersey. Adjourn

BERGEN COUNTY IMPROVEMENT AUTHORITY AGENDA - REGULAR MEETING THURSDAY, FEBRUARY 4, 2016 1:00 P.M. THIS MEETING WILL BE HELD AT ROOM 460-THE LEARNING CENTER, 4 TH FLOOR, ONE BERGEN COUNTY PLAZA, HACKENSACK, NEW JERSEY Meeting is Called to Order Proof of Publication of Public Meeting Notice Roll Call: Commissioner Bader Commissioner Birdsall Commissioner Gamio Commissioner Randall Commissioner Wilson Pledge of Allegiance Open Meeting for Public Comment for Matters on Today s Agenda Only Public Comment Close Meeting for Public Comment Reorganization and Election of New Officers Verification of Certified Minutes: January 7, 2016 Regular Session January 7, 2016 Work Session January 7, 2016 Closed Session Resolution Proposals: #16-09 Payment of Bills #16-10 Cash Management Plan #16-11 Official Newspapers #16-12 Petty Cash Fund Custodian #16-13 Appointment Assistant Secretaries #16-14 Award Contract Chief Financial Officer #16-15 Award Contract General Counsel General Business (Florio Perrucci) #16-16 Award Contract General Counsel BRMC Issues (Florio Perrucci) #16-17 Award Contract - Special Legal/Litigation Counsel, BRMC (Florio Perrucci) #16-18 Award Contract Special Counsel Legal Services (Alampi) #16-19 Award Contract Auditor/Contract Compliance (O Connor Davies, LLP) #16-20 Award Contract Hospital Compliance Services (UHI)

Adjourn #16-21 Award Contract Auditor 2015 (Ferraioli, Wielkotz) #16-22 Appointment Public Agency Compliance Officer (2016) #16-23 Appointment Qualified Purchasing Agent (2016) #16-24 Extension of Term of Master Lessor i/c/w BCIA Lease Purchase Financing Program for the Acquisition of Certain Capital Equipment and other Personal and Real Property #16-25 Award Contract On-Call Services RSC Architects #16-26 Award of Contract BRMC Building 8 Booster Pump Station Project #16-27 Authorize Application to LFB (Ridgewood Parking Garage, Series 2016) (See attached) #16-28 Award Contract Bond Counsel Ridgewood Parking Garage, Series 2016 (Gibbons) #16-29 Award Contract Financial Advisor Ridgewood Parking Garage, Series 2016 (Acacia) #16-30 Award Contract Underwriter Ridgewood Parking Garage, Series 2016 (NW Capital Markets) #16-31 Authorize Filing of BCIA Budget 2016 #16-32 Introduction Budget BCIA 2016 #16-34 Amend Contract Special Legal Counsel, BRMC (Beattie Padovano)

BERGEN COUNTY IMPROVEMENT AUTHORITY RESOLUTION Res.# 16-27 Date: 2/4/16 Page: 1 of 2 MEMBERS AYE NAY NOT VOTING Wilson, P. Bader, J. Birdsall, K. Gamio, C. Randall, E. TOTALS ABSENT Subject: Bergen County Improvement Authority Purpose: Authorizing Application to the Local Finance Board (Ridgewood Parking Garage Bond Issue, Series 2016) Account: Dollar Amount: Not to Exceed $12,300,000 Offered by: Seconded by: RESOLUTION OF THE BERGEN COUNTY IMPROVEMENT AUTHORITY DIRECTING APPLICATION BE MADE TO THE LOCAL FINANCE BOARD PURSUANT TO N.J.S.A. 40A:5A-6. WHEREAS, THE BERGEN COUNTY IMPROVEMENT AUTHORITY (the Authority ) desires to make application to the Local Finance Board for its review of a proposed project financing in connection with the making of a loan to the Village of Ridgewood for the construction of a parking garage therein (the Project ); and WHEREAS, the Authority in accordance with the county improvement authorities law is required to file an application with the Local Finance Board prior the Village of Ridgewood s governing body voting on second reading on the lease ordinance financing the Project; WHEREAS, the Village of Ridgewood is expected to have the second reading on the lease ordinance financing the Project on February 10, 2016; and WHEREAS, if the Village votes to pass the lease ordinance for the Project, then the application will be heard by the Local Finance Board at a subsequent meeting and if the Village votes against the lease ordinance then the Authority will immediately withdraw the application to the Local Finance Board to finance the Project; WHEREAS, THE BERGEN COUNTY IMPROVEMENT AUTHORITY believes that: (a) it is in the public interest to accomplish such purposes,

(b) said purposes or improvements are for the health, welfare, convenience or betterment of the inhabitants of the local unit or units, (c) the amounts to be expended for said purposes or improvements are not unreasonable or exorbitant, (d) the proposal is an efficient and feasible means of providing services for the needs of the inhabitants of the local unit or units and such purposes or improvements will not cause any undue financial burden to be placed upon the local unit or units, NOW, THEREFORE, BE IT RESOLVED BY THE BERGEN COUNTY IMPROVEMENT AUTHORITY, as follows: Section 1. Application to the Local Finance Board for consideration by said Board of the Authority's proposed project financing is hereby approved and the Authority's Counsel, Bond Counsel and Financial Advisor, along with the other representatives of the Authority, are hereby authorized to prepare such application and to represent the Authority in the matters pertaining thereto. Section 2. The Secretary of the Authority is hereby directed to cause a copy of this resolution to be filed with the Local Finance Board as a part of such application. Section 3. The Local Finance Board is hereby respectfully requested to consider such application and to record its findings as provided in subsection (7) of the Local Authorities Fiscal Control Law, constituting chapter 313 of the Pamphlet Laws of 1983, of the State of New Jersey. RECORDED VOTE: AYE NO ABSTAIN ABSENT The foregoing is a true copy of a resolution adopted by the governing body of the Authority on February 4, 2016. Bernadette Losito, Assistant Secretary