650301 CLYDE-SAVANNAH CSD
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Amount Issued: 12,795,000 BLD
Date of Original Issuance: 04-Jun-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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0001 003 8,559,102 0 0 8,559,102 15.0 128,386,530
0014 004 2,222,829 0 0 2,222,829 15.0 33,342,435
0015 002 3,633,541 0 0 3,633,541 15.0 54,503,115
4002 002 176,442 0 0 176,442 15.0 2,646,630
4003 002 11,605 0 0 11,605 15.0 174,075
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14,603,519 219,052,785
Blended Maximum Useful Life: 15.0
Original Term of Bond: 16.5
Selected Maximum Useful Life: 16.5
Period Prior to 1 July 2002: 5.5
Sel. Remaining Term for Amortization: 11.0
Principal Outstanding as of July 2002: 9,380,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 11 : 1,090,486
Bond Percent: 97.059%
Aidable Debt Service for Amortization Year 6 of 11 1,058,415
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 9,970,000
B. Bond Percent: 97.059%
C. Applicable Building Aid Ratio: 85.4%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 7,774,931
E. Amount of Original Principal Refinanced: (SA132-A # 4) 9,380,000
F. State Share Ratio: (D / E) 82.8%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 11,647
H. Total Variable Costs of Refinancing (SA132-A # 23): 122,989
I. State Share of Variable Costs Aided at 100%:( H * F) 101,835
J. Total Principal Added(A - E - G - H): 455,364
K. State Share of Additional Principal Aided at 100% (J * F): 377,041
L. Total Refinancing Costs Aided at 100% (G + I + K): 490,523
M. Local Share of Variable Costs Aided at State Share (H - I): 21,154
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 1,354
Assumed Debt Service for State Share of Variable Costs: 11,838
Assumed Debt Service for State Share of Additional Principal: 43,834
Assumed Debt Service for Local Share of Variable Costs: * 2,388
* After application of Bond Percent.
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Amount Issued: 950,000 BLD
Date of Original Issuance: 10-Jun-98
__________________________________________________________________________
New Alt./ Max. Weighted
Bldg Proj Allowable Constr. Additions Reconstr Projec Useful
. . Cost Cost Cost Cost t Life Life
__________________________________________________________________________
0001 003 8,559,102 0 0 8,559,102 15.0 128,386,530
0014 004 2,222,829 0 0 2,222,829 15.0 33,342,435
0015 002 3,633,541 0 0 3,633,541 15.0 54,503,115
4003 002 11,605 0 0 11,605 15.0 174,075
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14,427,077 216,406,155
Blended Maximum Useful Life: 15.0
Original Term of Bond: 11.0
Selected Maximum Useful Life: 15.0
Period Prior to 1 July 2002: 5.0
Sel. Remaining Term for Amortization: 10.0
Principal Outstanding as of July 2002: 620,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 10 : 77,676
Bond Percent: 97.059%
Aidable Debt Service for Amortization Year 6 of 10 75,392
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 645,000
B. Bond Percent: 97.059%
C. Applicable Building Aid Ratio: 85.4%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 513,908
E. Amount of Original Principal Refinanced: (SA132-A # 4) 620,000
F. State Share Ratio: (D / E) 82.8%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 753
H. Total Variable Costs of Refinancing (SA132-A # 23): 10,128
I. State Share of Variable Costs Aided at 100%:( H * F) 8,386
J. Total Principal Added(A - E - G - H): 14,119
K. State Share of Additional Principal Aided at 100% (J * F): 11,691
L. Total Refinancing Costs Aided at 100% (G + I + K): 20,830
M. Local Share of Variable Costs Aided at State Share (H - I): 1,742
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 94
Assumed Debt Service for State Share of Variable Costs: 1,050
Assumed Debt Service for State Share of Additional Principal: 1,464
Assumed Debt Service for Local Share of Variable Costs: * 212
* After application of Bond Percent.
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End of Report
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