051901 UNION SPRINGS CSD
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Amount Issued: 4,500,000 BLD
Date of Original Issuance: 26-Feb-98
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New Alt./ Max. Weighted
Bldg Proj Allowable Constr. Additions Reconstr Projec Useful
. . Cost Cost Cost Cost t Life Life
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0001 006 1,130,000 0 0 1,130,000 15.0 16,950,000
0001 007 189,500 0 0 189,500 15.0 2,842,500
0004 007 1,200,000 0 0 1,200,000 15.0 18,000,000
0006 007 1,300,000 0 0 1,300,000 15.0 19,500,000
5003 003 810,000 0 340,000 470,000 17.0 13,770,000
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4,629,500 71,062,500
Blended Maximum Useful Life: 15.5
Original Term of Bond: 11.0
Term based on prior Retro borrowing: 16.0
____ Selected Maximum Useful Life: 16.0
Period Prior to 1 July 2002: 6.0
Sel. Remaining Term for Amortization: 10.0
Principal Outstanding as of July 2002: 2,575,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 10 : 322,606
Bond Percent: 93.492%
Aidable Debt Service for Amortization Year 6 of 10 301,611
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 2,850,000
B. Bond Percent: 100.000%
C. Applicable Building Aid Ratio: 78.5%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 2,021,375
E. Amount of Original Principal Refinanced: (SA132-A # 4) 2,575,000
F. State Share Ratio: (D / E) 78.5%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 8,833
H. Total Variable Costs of Refinancing (SA132-A # 23): 101,837
I. State Share of Variable Costs Aided at 100%:( H * F) 79,942
J. Total Principal Added(A - E - G - H): 164,330
K. State Share of Additional Principal Aided at 100% (J * F): 128,999
L. Total Refinancing Costs Aided at 100% (G + I + K): 217,774
M. Local Share of Variable Costs Aided at State Share (H - I): 21,895
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 1,106
Assumed Debt Service for State Share of Variable Costs: 10,016
Assumed Debt Service for State Share of Additional Principal: 16,162
Assumed Debt Service for Local Share of Variable Costs: * 2,744
* After application of Bond Percent.
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End of Report
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