661800 RYE CITY SD                                                             
                                                                                    
                                                                                    
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             Amount Issued:     13,000,000   BLD-10                                 
 Date of Original Issuance:     06-Oct-99                                           
                                                                                    
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                           New                    Alt./     Max.   Weighted         
Bldg. Proj.  Allowable   Constr.    Additions   Reconstr  Project   Useful          
        No.     Cost       Cost        Cost        Cost     Life      Life          
                                                                                    
______________________________________________________________________________      
 0001  016    1,151,000           0          0   1,151,000  15.0  17,265,000        
 0002  010      907,000           0          0     907,000  15.0  13,605,000        
 0003  017      421,000           0          0     421,000  15.0   6,315,000        
 0005  011    6,071,900           0  4,996,618   1,075,282  19.0 115,366,100        
 0005  012      905,000           0          0     905,000  15.0  13,575,000        
 0005  013    3,544,096           0          0   3,544,096  15.0  53,161,440        
 0005  015      190,000           0          0     190,000  15.0   2,850,000        
_______________________________________________________________________________     
             13,189,996                                          222,137,540        
                                                                                    
                       Blended Maximum Useful Life:         17.0                    
                             Original Term of Bond:         20.0                    
                      Selected Maximum Useful Life:         20.0                    
                       Period Prior to 1 July 2002:          2.0                    
              Sel. Remaining Term for Amortization:         18.0                    
             Principal Outstanding as of July 2002:   12,100,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 4 of 18 :      987,970                    
                                      Bond Percent:      87.933%                    
Aidable Debt Service for Amortization Year 4 of 18 :     868,752                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
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  A. Total Amount of Refinancing Issued (SA-132A #7):                2,980,000      
  B. Bond Percent:                                                     87.933%      
  C. Applicable Building Aid Ratio:                                      24.9%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      2,649,333      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          2,545,000      
  F. State Share Ratio: (D / E)                                         100.0%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                    10,500      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                83,035      
  I. State Share of Variable Costs Aided at 100%:( H * F)               83,035      
  J. Total Principal Added(A - E - G - H):                             341,465      
  K. State Share of Additional Principal Aided at 100% (J * F):        341,465      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                435,000      
  M. Local Share of Variable Costs Aided at State Share (H - I):             0      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
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  Assumed Debt Service for Fixed Costs:                                    858      
  Assumed Debt Service for State Share of Variable Costs:                6,780      
  Assumed Debt Service for State Share of Additional Principal:         27,880      
  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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