221001 SACKETS HARBOR CSD                                                      
                                                                                    
                                                                                    
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             Amount Issued:      3,086,000   BLD                                    
 Date of Original Issuance:     14-Jul-92                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  004    2,878,827           0  1,421,732   1,457,095  17.5  50,379,473        
 5002  001      207,020           0          0     207,020  15.0   3,105,300        
___________________________________________________________________________         
              3,085,847                                           53,484,773        
____                   Blended Maximum Useful Life:         17.5                    
                             Original Term of Bond:         20.0                    
                      Selected Maximum Useful Life:         20.0                    
                       Period Prior to 1 July 2002:         10.0                    
              Sel. Remaining Term for Amortization:         10.0                    
             Principal Outstanding as of July 2002:    1,750,000                    
                             Assumed Interest Rate:       5.167%                    
       Debt Service for Amortization Year 6 of 10 :      226,286                    
                                      Bond Percent:      99.995%                    
 Aidable Debt Service for Amortization Year 6 of 10      226,275                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                1,772,000      
  B. Bond Percent:                                                     99.995%      
  C. Applicable Building Aid Ratio:                                      79.6%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      1,392,930      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          1,750,000      
  F. State Share Ratio: (D / E)                                          79.5%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     3,339      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                36,383      
  I. State Share of Variable Costs Aided at 100%:( H * F)               28,924      
  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):                 32,263      
  M. Local Share of Variable Costs Aided at State Share (H - I):         7,459      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    432      
  Assumed Debt Service for State Share of Variable Costs:                3,740      
  Assumed Debt Service for State Share of Additional Principal:              0      
  Assumed Debt Service for Local Share of Variable Costs: *                964      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      5,134,021   BLD-10                                 
 Date of Original Issuance:     22-Dec-99                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  006    5,069,854           0  1,692,000   3,377,854  16.5  83,652,591        
 5002  002       64,167           0          0      64,167  15.0     962,505        
___________________________________________________________________________         
              5,134,021                                           84,615,096        
____                   Blended Maximum Useful Life:         16.5                    
                             Original Term of Bond:         20.0                    
                      Selected Maximum Useful Life:         20.0                    
                       Period Prior to 1 July 2002:          3.0                    
              Sel. Remaining Term for Amortization:         17.0                    
             Principal Outstanding as of July 2002:    4,800,000                    
                             Assumed Interest Rate:       5.488%                    
       Debt Service for Amortization Year 6 of 17 :      437,856                    
                                      Bond Percent:      98.098%                    
 Aidable Debt Service for Amortization Year 6 of 17      429,528                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                4,835,000      
  B. Bond Percent:                                                     98.098%      
  C. Applicable Building Aid Ratio:                                      89.6%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      4,218,999      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          4,800,000      
  F. State Share Ratio: (D / E)                                          87.8%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     9,112      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               101,524      
  I. State Share of Variable Costs Aided at 100%:( H * F)               89,138      
  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):                 98,250      
  M. Local Share of Variable Costs Aided at State Share (H - I):        12,386      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    832      
  Assumed Debt Service for State Share of Variable Costs:                8,132      
  Assumed Debt Service for State Share of Additional Principal:              0      
  Assumed Debt Service for Local Share of Variable Costs: *              1,108      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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