STATE AID BUILDING - PROSPECTIVE PROJECT AMORTIZATION

                   
                                                                                          
 DISTRICT:  630918     GLENS FALLS CO          DATE:  10/30/09                        

                                                                                 
                                                                                          
                                                                                          
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     PROJECT NUMBER:  0001-005     PROJECT NAME:  ABRAHAM WING SCHOOL                     
     VOTER AUTHORIZATION DATE:  09/12/2007  BLD4                                          
                                                                                          
                   JULY  2010          INTERIM YEARS          JULY  2024                  
  ASSUMED PAYMENTS:      2                     2                    2                     
  DEBT SERVICE:        48,560                 48,560              48,560                  
  AMORTIZED PRINCIPAL:       562,963    CAPITAL OUTLAY:       113,620                     
  CMMSR APP DATE: 04/22/09    DATE CONTRACT SIGNED: 05/20/09  INT RATE: 0.03500  PPU:  15 
  CONTRACT DATE NOTIFICATION TO SED (SA-139 RECEIVE DATE): 09/21/2009                     
                                                                                          
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