641501 SALEM CSD
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Amount Issued: 87,809 BLD
Date of Original Issuance: 01-Mar-89
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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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0002 003 599,825 0 0 599,825 15.0 8,997,375
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599,825 8,997,375
Blended Maximum Useful Life: 15.0
Original Term of Bond: 18.0
Selected Maximum Useful Life: 18.0
Period Prior to 1 July 2002: 12.0
Sel. Remaining Term for Amortization: 6.0
Principal Outstanding as of July 2002: 27,809
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 6 : 5,340
Bond Percent: 100.000%
Aidable Debt Service for Amortization Year 6 of 6 5,340
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Amount Issued: 4,200,000 BLD-10
Date of Original Issuance: 29-Sep-99
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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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0001 003 443,452 0 443,452 0 20.0 8,869,040
0002 005 3,863,922 0 3,662,452 201,470 20.0 77,278,440
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4,307,374 86,147,480
Blended Maximum Useful Life: 20.0
Original Term of Bond: 15.0
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: 3,525,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 17 : 298,896
Bond Percent: 99.081%
Aidable Debt Service for Amortization Year 6 of 17 296,149
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 3,840,000
B. Bond Percent: 98.642%
C. Applicable Building Aid Ratio: 90.1%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 3,132,895
E. Amount of Original Principal Refinanced: (SA132-A # 4) 3,525,000
F. State Share Ratio: (D / E) 88.8%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 8,725
H. Total Variable Costs of Refinancing (SA132-A # 23): 110,022
I. State Share of Variable Costs Aided at 100%:( H * F) 97,700
J. Total Principal Added(A - E - G - H): 196,253
K. State Share of Additional Principal Aided at 100% (J * F): 174,273
L. Total Refinancing Costs Aided at 100% (G + I + K): 280,697
M. Local Share of Variable Costs Aided at State Share (H - I): 12,322
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 740
Assumed Debt Service for State Share of Variable Costs: 8,284
Assumed Debt Service for State Share of Additional Principal: 14,778
Assumed Debt Service for Local Share of Variable Costs: * 1,030
* After application of Bond Percent.
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End of Report
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