142101 AKRON CSD
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Amount Issued: 11,211,000 BLD
Date of Original Issuance: 23-Aug-95
______________________________________________________________________________
New Alt./ Max. Weighted
Bldg. Proj. Allowable Constr. Additions Reconstr Project Useful
No. Cost Cost Cost Cost Life Life
______________________________________________________________________________
0001 003 4,119,668 0 2,111,509 2,008,159 17.5 72,094,190
0002 004 6,900,539 0 2,303,898 4,596,641 16.5 113,858,894
5003 002 150,482 0 0 150,482 15.0 2,257,230
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11,170,689 188,210,314
Blended Maximum Useful Life: 17.0
Original Term of Bond: 19.0
Selected Maximum Useful Life: 19.0
Period Prior to 1 July 2002: 7.0
Sel. Remaining Term for Amortization: 12.0
Principal Outstanding as of July 2002: 7,700,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 4 of 12 : 837,456
Bond Percent: 91.370%
Aidable Debt Service for Amortization Year 4 of 12 : 765,184
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Amount Issued: 293,000 BLD
Date of Original Issuance: 22-Sep-98
______________________________________________________________________________
New Alt./ Max. Weighted
Bldg. Proj. Allowable Constr. Additions Reconstr Project Useful
No. Cost Cost Cost Cost Life Life
______________________________________________________________________________
0002 005 302,104 0 0 302,104 15.0 4,531,560
_______________________________________________________________________________
302,104 4,531,560
Blended Maximum Useful Life: 15.0
Original Term of Bond: 14.0
Selected Maximum Useful Life: 15.0
Period Prior to 1 July 2002: 3.0
Sel. Remaining Term for Amortization: 12.0
Principal Outstanding as of July 2002: 235,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 4 of 12 : 25,558
Bond Percent: 100.000%
Aidable Debt Service for Amortization Year 4 of 12 : 25,558
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Amount Issued: 2,392,065 BLD-10
Date of Original Issuance: 10-Feb-00
______________________________________________________________________________
New Alt./ Max. Weighted
Bldg. Proj. Allowable Constr. Additions Reconstr Project Useful
No. Cost Cost Cost Cost Life Life
______________________________________________________________________________
0001 004 140,965 0 0 140,965 15.0 2,114,475
0002 007 2,187,500 0 0 2,187,500 15.0 32,812,500
5003 004 63,600 0 0 63,600 15.0 954,000
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2,392,065 35,880,975
Blended Maximum Useful Life: 15.0
Original Term of Bond: 15.0
Selected Maximum Useful Life: 15.0
Period Prior to 1 July 2002: 2.0
Sel. Remaining Term for Amortization: 13.0
Principal Outstanding as of July 2002: 2,110,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 4 of 13 : 216,154
Bond Percent: 90.771%
Aidable Debt Service for Amortization Year 4 of 13 : 196,205
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 2,307,000
B. Bond Percent: 90.771%
C. Applicable Building Aid Ratio: 92.5%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 1,771,623
E. Amount of Original Principal Refinanced: (SA132-A # 4) 2,110,000
F. State Share Ratio: (D / E) 83.9%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 3,700
H. Total Variable Costs of Refinancing (SA132-A # 23): 29,289
I. State Share of Variable Costs Aided at 100%:( H * F) 24,573
J. Total Principal Added(A - E - G - H): 164,011
K. State Share of Additional Principal Aided at 100% (J * F): 137,605
L. Total Refinancing Costs Aided at 100% (G + I + K): 165,879
M. Local Share of Variable Costs Aided at State Share (H - I): 4,716
Assumed Aidable Debt Service for Refinancing
____________________________________________
Assumed Debt Service for Fixed Costs: 380
Assumed Debt Service for State Share of Variable Costs: 2,518
Assumed Debt Service for State Share of Additional Principal: 14,096
Assumed Debt Service for Local Share of Variable Costs: * 439
* After application of Bond Percent.
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Amount Issued: 20,953,705 BLD-10
Date of Original Issuance: 05-Sep-01
______________________________________________________________________________
New Alt./ Max. Weighted
Bldg. Proj. Allowable Constr. Additions Reconstr Project Useful
No. Cost Cost Cost Cost Life Life
______________________________________________________________________________
0001 005 18,400,830 0 8,062,451 10,338,379 17.0 312,814,110
5003 005 305,689 0 103,400 202,289 16.5 5,043,869
_______________________________________________________________________________
18,706,519 317,857,979
Blended Maximum Useful Life: 17.0
Original Term of Bond: 20.0
Term based on prior Retro borrowing: 1.0
Selected Maximum Useful Life: 20.0
Period Prior to 1 July 2002: 1.0
Sel. Remaining Term for Amortization: 19.0
Principal Outstanding as of July 2002: 20,050,000
Assumed Interest Rate: 5.261%
Debt Service for Amortization Year 4 of 19 : 1,681,854
Bond Percent: 79.521%
Aidable Debt Service for Amortization Year 4 of 19 : 1,337,427
Additional Costs Attributable to Refinancing
____________________________________________
A. Total Amount of Refinancing Issued (SA-132A #7): 14,272,000
B. Bond Percent: 100.000%
C. Applicable Building Aid Ratio: 92.5%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 18,546,250
E. Amount of Original Principal Refinanced: (SA132-A # 4) 13,931,834
F. State Share Ratio: (D / E) 100.0%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 29,724
H. Total Variable Costs of Refinancing (SA132-A # 23): 184,427
I. State Share of Variable Costs Aided at 100%:( H * F) 184,427
J. Total Principal Added(A - E - G - H): 126,015
K. State Share of Additional Principal Aided at 100% (J * F): 126,015
L. Total Refinancing Costs Aided at 100% (G + I + K): 340,166
M. Local Share of Variable Costs Aided at State Share (H - I): 0
Assumed Aidable Debt Service for Refinancing
____________________________________________
Assumed Debt Service for Fixed Costs: 2,494
Assumed Debt Service for State Share of Variable Costs: 15,470
Assumed Debt Service for State Share of Additional Principal: 10,570
Assumed Debt Service for Local Share of Variable Costs: * 0
* After application of Bond Percent.
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End of Report
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