101300 HUDSON CITY SD
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Amount Issued: 13,400,000 BLD
Date of Original Issuance: 11-Mar-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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0006 003 11,900,000 0 7,914,065 3,985,935 18.5 220,150,000
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11,900,000 220,150,000
____ Blended Maximum Useful Life: 18.5
Original Term of Bond: 9.0
Term based on prior Retro borrowing: 19.0
Selected Maximum Useful Life: 19.0
Period Prior to 1 July 2002: 5.0
Sel. Remaining Term for Amortization: 14.0
Principal Outstanding as of July 2002: 6,400,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 14 : 621,124
Bond Percent: 88.805%
Aidable Debt Service for Amortization Year 6 of 14 551,589
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 6,755,000
B. Bond Percent: 88.805%
C. Applicable Building Aid Ratio: 68.5%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 3,893,211
E. Amount of Original Principal Refinanced: (SA132-A # 4) 6,400,000
F. State Share Ratio: (D / E) 60.8%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 7,100
H. Total Variable Costs of Refinancing (SA132-A # 23): 132,445
I. State Share of Variable Costs Aided at 100%:( H * F) 80,527
J. Total Principal Added(A - E - G - H): 215,455
K. State Share of Additional Principal Aided at 100% (J * F): 130,997
L. Total Refinancing Costs Aided at 100% (G + I + K): 218,623
M. Local Share of Variable Costs Aided at State Share (H - I): 51,918
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 690
Assumed Debt Service for State Share of Variable Costs: 7,816
Assumed Debt Service for State Share of Additional Principal: 12,714
Assumed Debt Service for Local Share of Variable Costs: * 4,474
* After application of Bond Percent.
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End of Report
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