491200 RENSSELAER CITY SD
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Amount Issued: 8,050,000 BLD
Date of Original Issuance: 20-Mar-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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0003 006 8,344,902 0 6,736,117 1,608,785 19.0 158,553,138
0003 010 505,059 0 0 505,059 15.0 7,575,885
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8,849,961 166,129,023
Blended Maximum Useful Life: 19.0
Original Term of Bond: 10.0
Selected Maximum Useful Life: 19.0
Period Prior to 1 July 2002: 6.0
Sel. Remaining Term for Amortization: 13.0
Principal Outstanding as of July 2002: 2,200,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 13 : 225,374
Bond Percent: 90.254%
Aidable Debt Service for Amortization Year 6 of 13 203,409
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 2,415,000
B. Bond Percent: 90.254%
C. Applicable Building Aid Ratio: 80.0%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 1,588,470
E. Amount of Original Principal Refinanced: (SA132-A # 4) 2,200,000
F. State Share Ratio: (D / E) 72.2%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 5,600
H. Total Variable Costs of Refinancing (SA132-A # 23): 92,718
I. State Share of Variable Costs Aided at 100%:( H * F) 66,942
J. Total Principal Added(A - E - G - H): 116,682
K. State Share of Additional Principal Aided at 100% (J * F): 84,244
L. Total Refinancing Costs Aided at 100% (G + I + K): 156,787
M. Local Share of Variable Costs Aided at State Share (H - I): 25,776
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 574
Assumed Debt Service for State Share of Variable Costs: 6,858
Assumed Debt Service for State Share of Additional Principal: 8,630
Assumed Debt Service for Local Share of Variable Costs: * 2,383
* After application of Bond Percent.
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End of Report
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