490601 LANSINGBURGH CSD                                                        
                                                                                    
                                                                                    
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             Amount Issued:      4,067,440   BLD                                    
 Date of Original Issuance:     27-Apr-88                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0006  001    1,643,659           0          0   1,643,659  15.0  24,654,885        
 0010  001      650,027           0          0     650,027  15.0   9,750,405        
 0010  002      613,875           0          0     613,875  15.0   9,208,125        
 0014  001      338,728           0          0     338,728  15.0   5,080,920        
 0015  001      297,263           0          0     297,263  15.0   4,458,945        
___________________________________________________________________________         
              3,543,552                                           53,153,280        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         20.0                    
                      Selected Maximum Useful Life:         20.0                    
                       Period Prior to 1 July 2002:         14.0                    
              Sel. Remaining Term for Amortization:          6.0                    
             Principal Outstanding as of July 2002:    1,350,000                    
                             Assumed Interest Rate:       4.500%                    
        Debt Service for Amortization Year 6 of 6 :      259,246                    
                                      Bond Percent:      87.119%                    
 Aidable Debt Service for Amortization Year 6 of 6       225,853                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                1,025,000      
  B. Bond Percent:                                                     87.119%      
  C. Applicable Building Aid Ratio:                                      80.6%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):        947,942      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)            900,000      
  F. State Share Ratio: (D / E)                                         100.0%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     1,022      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                16,156      
  I. State Share of Variable Costs Aided at 100%:( H * F)               16,156      
  J. Total Principal Added(A - E - G - H):                             107,822      
  K. State Share of Additional Principal Aided at 100% (J * F):        107,822      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                125,000      
  M. Local Share of Variable Costs Aided at State Share (H - I):             0      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    230      
  Assumed Debt Service for State Share of Variable Costs:                3,644      
  Assumed Debt Service for State Share of Additional Principal:         24,322      
  Assumed Debt Service for Local Share of Variable Costs: *                  0      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      8,750,000   BLD                                    
 Date of Original Issuance:     24-Feb-99                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0006  004    1,972,584           0          0   1,972,584  15.0  29,588,760        
 0010  005    4,121,719           0  2,321,815   1,799,904  18.0  74,190,942        
 0014  004    1,270,261           0          0   1,270,261  15.0  19,053,915        
 0015  004    1,385,436           0          0   1,385,436  15.0  20,781,540        
___________________________________________________________________________         
              8,750,000                                          143,615,157        
                                                                                    
                       Blended Maximum Useful Life:         16.5                    
                             Original Term of Bond:         19.5                    
                      Selected Maximum Useful Life:         19.5                    
                       Period Prior to 1 July 2002:          4.5                    
              Sel. Remaining Term for Amortization:         15.0                    
             Principal Outstanding as of July 2002:    7,350,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 15 :      679,130                    
                                      Bond Percent:      96.657%                    
 Aidable Debt Service for Amortization Year 6 of 15      656,427                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                7,650,000      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      80.6%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      5,924,100      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          6,950,000      
  F. State Share Ratio: (D / E)                                          85.2%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     7,628      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               118,803      
  I. State Share of Variable Costs Aided at 100%:( H * F)              101,220      
  J. Total Principal Added(A - E - G - H):                             573,569      
  K. State Share of Additional Principal Aided at 100% (J * F):        488,681      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                597,529      
  M. Local Share of Variable Costs Aided at State Share (H - I):        17,583      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    740      
  Assumed Debt Service for State Share of Variable Costs:                9,824      
  Assumed Debt Service for State Share of Additional Principal:         47,426      
  Assumed Debt Service for Local Share of Variable Costs: *              1,706      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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