061503 FORESTVILLE CSD                                                         
                                                                                    
                                                                                    
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             Amount Issued:      3,100,000   BLD-10                                 
 Date of Original Issuance:     11-Mar-99                                           
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                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  005    1,324,728           0          0   1,324,728  15.0  19,870,920        
 0002  005    1,775,097           0          0   1,775,097  15.0  26,626,455        
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              3,099,825                                           46,497,375        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         10.0                    
                      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:    2,325,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 12 :      252,868                    
                                      Bond Percent:      99.994%                    
 Aidable Debt Service for Amortization Year 6 of 12      252,853                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
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  A. Total Amount of Refinancing Issued (SA-132A #7):                2,445,000      
  B. Bond Percent:                                                     99.994%      
  C. Applicable Building Aid Ratio:                                      92.5%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      2,150,496      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          2,325,000      
  F. State Share Ratio: (D / E)                                          92.4%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                    11,250      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                81,054      
  I. State Share of Variable Costs Aided at 100%:( H * F)               74,894      
  J. Total Principal Added(A - E - G - H):                              27,696      
  K. State Share of Additional Principal Aided at 100% (J * F):         25,591      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                111,735      
  M. Local Share of Variable Costs Aided at State Share (H - I):         6,160      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
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  Assumed Debt Service for Fixed Costs:                                  1,224      
  Assumed Debt Service for State Share of Variable Costs:                8,146      
  Assumed Debt Service for State Share of Additional Principal:          2,784      
  Assumed Debt Service for Local Share of Variable Costs: *                670      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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