120701 FRANKLIN CENTRAL SCHOOL
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Amount Issued: 2,250,000 BLD
Date of Original Issuance: 14-Mar-91
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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 001 2,209,697 0 1,961,347 248,350 19.5 43,089,092
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2,209,697 43,089,092
Blended Maximum Useful Life: 19.5
Original Term of Bond: 15.0
Selected Maximum Useful Life: 19.5
Period Prior to 1 July 2002: 12.0
Sel. Remaining Term for Amortization: 7.0
Principal Outstanding as of July 2002: 525,000
Assumed Interest Rate: 5.063%
Debt Service for Amortization Year 6 of 7 : 90,010
Bond Percent: 98.208%
Aidable Debt Service for Amortization Year 6 of 7 88,397
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 599,000
B. Bond Percent: 98.208%
C. Applicable Building Aid Ratio: 77.8%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 401,131
E. Amount of Original Principal Refinanced: (SA132-A # 4) 525,000
F. State Share Ratio: (D / E) 76.4%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 10,503
H. Total Variable Costs of Refinancing (SA132-A # 23): 69,379
I. State Share of Variable Costs Aided at 100%:( H * F) 53,006
J. Total Principal Added(A - E - G - H): 0
K. State Share of Additional Principal Aided at 100% (J * F): 0
L. Total Refinancing Costs Aided at 100% (G + I + K): 63,509
M. Local Share of Variable Costs Aided at State Share (H - I): 16,373
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 1,800
Assumed Debt Service for State Share of Variable Costs: 9,088
Assumed Debt Service for State Share of Additional Principal: 0
Assumed Debt Service for Local Share of Variable Costs: * 2,758
* After application of Bond Percent.
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Amount Issued: 185,000 BLD
Date of Original Issuance: 01-Oct-97
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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 007 184,535 0 0 184,535 15.0 2,768,025
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184,535 2,768,025
Blended Maximum Useful Life: 15.0
Original Term of Bond: 10.0
Selected Maximum Useful Life: 15.0
Period Prior to 1 July 2002: 5.0
Sel. Remaining Term for Amortization: 10.0
Principal Outstanding as of July 2002: 100,000
Assumed Interest Rate: 5.169%
Debt Service for Amortization Year 6 of 10 : 12,932
Bond Percent: 99.748%
Aidable Debt Service for Amortization Year 6 of 10 12,899
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 111,000
B. Bond Percent: 99.748%
C. Applicable Building Aid Ratio: 77.8%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 77,604
E. Amount of Original Principal Refinanced: (SA132-A # 4) 100,000
F. State Share Ratio: (D / E) 77.6%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 1,947
H. Total Variable Costs of Refinancing (SA132-A # 23): 12,892
I. State Share of Variable Costs Aided at 100%:( H * F) 10,004
J. Total Principal Added(A - E - G - H): 0
K. State Share of Additional Principal Aided at 100% (J * F): 0
L. Total Refinancing Costs Aided at 100% (G + I + K): 11,951
M. Local Share of Variable Costs Aided at State Share (H - I): 2,888
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 252
Assumed Debt Service for State Share of Variable Costs: 1,294
Assumed Debt Service for State Share of Additional Principal: 0
Assumed Debt Service for Local Share of Variable Costs: * 373
* After application of Bond Percent.
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End of Report
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