480503 PUTNAM VALLEY CSD                                                       
                                                                                    
                                                                                    
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             Amount Issued:         68,572   BLD                                    
 Date of Original Issuance:     01-Jul-97                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0007  001      197,701     197,701          0           0  30.0   5,931,030        
___________________________________________________________________________         
                197,701                                            5,931,030        
                                                                                    
                       Blended Maximum Useful Life:         30.0                    
                             Original Term of Bond:          6.0                    
                      Selected Maximum Useful Life:         30.0                    
                       Period Prior to 1 July 2002:          5.0                    
              Sel. Remaining Term for Amortization:         25.0                    
             Principal Outstanding as of July 2002:       13,033                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 25 :          874                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 25          874                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      2,378,746   BLD                                    
 Date of Original Issuance:     22-Jun-98                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  003      276,539           0          0     276,539  15.0   4,148,085        
 0004  004    2,102,207           0          0   2,102,207  15.0  31,533,105        
___________________________________________________________________________         
              2,378,746                                           35,681,190        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         15.0                    
                      Selected Maximum Useful Life:         15.0                    
                       Period Prior to 1 July 2002:          4.0                    
              Sel. Remaining Term for Amortization:         11.0                    
             Principal Outstanding as of July 2002:    1,932,808                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 11 :      224,702                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 11      224,702                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:     12,810,000   BLD-10                                 
 Date of Original Issuance:     29-Dec-99                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0004  007    2,023,000           0          0   2,023,000  15.0  30,345,000        
 0010  001   20,258,730  20,258,730          0           0  30.0 607,761,900        
___________________________________________________________________________         
             22,281,730                                          638,106,900        
                                                                                    
                       Blended Maximum Useful Life:         28.5                    
                             Original Term of Bond:         29.0                    
                      Selected Maximum Useful Life:         29.0                    
                       Period Prior to 1 July 2002:          3.0                    
              Sel. Remaining Term for Amortization:         26.0                    
             Principal Outstanding as of July 2002:   12,100,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 26 :      794,216                    
                                      Bond Percent:      74.384%                    
 Aidable Debt Service for Amortization Year 6 of 26      590,770                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:      9,390,000   BLD-10                                 
 Date of Original Issuance:     16-Feb-00                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0004  007    2,023,000           0          0   2,023,000  15.0  30,345,000        
 0010  001   20,258,730  20,258,730          0           0  30.0 607,761,900        
___________________________________________________________________________         
             22,281,730                                          638,106,900        
                                                                                    
                       Blended Maximum Useful Life:         28.5                    
                             Original Term of Bond:         29.0                    
                      Selected Maximum Useful Life:         29.0                    
                       Period Prior to 1 July 2002:          3.0                    
              Sel. Remaining Term for Amortization:         26.0                    
             Principal Outstanding as of July 2002:    8,500,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 26 :      557,920                    
                                      Bond Percent:      74.384%                    
 Aidable Debt Service for Amortization Year 6 of 26      415,003                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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