630918 GLENS FALLS COMN SD                                                     
                                                                                    
                                                                                    
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             Amount Issued:      1,090,000   BLD                                    
 Date of Original Issuance:     17-Apr-97                                           
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                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  004    1,322,509           0    847,086     475,423  18.0  23,805,162        
 4006  001       59,858      59,858          0           0  30.0   1,795,740        
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              1,382,367                                           25,600,902        
____                   Blended Maximum Useful Life:         18.5                    
                             Original Term of Bond:         16.0                    
                      Selected Maximum Useful Life:         18.5                    
                       Period Prior to 1 July 2002:          9.0                    
              Sel. Remaining Term for Amortization:          9.5                    
             Principal Outstanding as of July 2002:      645,000                    
                             Assumed Interest Rate:       4.500%                    
      Debt Service for Amortization Year 6 of 9.5 :       84,188                    
                                      Bond Percent:      99.993%                    
   Aidable Debt Service for Amortization Year 6 of        84,182                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             
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