New York State Education Department

State Aid Building - Aidable Debt Service for projects with debt still outstanding as of 7-1-2002

District: EAST ROCKAWAY (280219)

 

280219 EAST ROCKAWAY
Amount Issued: 3,576,000 BLD
Date of Original Issuance: 02 / 17 / 1987

 

Building
Code
Project
Nunber
Allowable
Cost
New Construction
Cost
Additions
Cost
Alteration /
Reconstruction
Cost
Maximum
Project
Life
Weighted
Useful Life

0002 001 6,898,649 6,898,649 0 0 30.0 206,959,470


6,898,649 206,959,470

Blended Maximum Useful Life : 30.0
Original Term of Bond : 25.0
Selected Maximum Useful Life : 30.0
Period Prior to 1 July 2002 : 15.0
Sel. Remaining Term for Amortization : 15.0
Principal Outstanding as of July 2002 : 1,695,000
Assumed Interest Rate : 5.482%
Debt Service for Amortization Year 9 of 15 : 167,211
Bond Percent : 99.732%
Aidable Debt Service for Amortization Year 9 of 15 : 166,763

 

280219 EAST ROCKAWAY
Amount Issued: 936,593 BLD
Date of Original Issuance: 01 / 01 / 2000

 

Building
Code
Project
Nunber
Allowable
Cost
New Construction
Cost
Additions
Cost
Alteration /
Reconstruction
Cost
Maximum
Project
Life
Weighted
Useful Life

0001 011 419,678 0 0 419,678 15.0 6,295,170
0002 002 91,612 0 0 91,612 15.0 1,374,180
0003 006 375,710 0 0 375,710 15.0 5,635,650


887,000 13,305,000

Blended Maximum Useful Life : 15.0
Original Term of Bond : 11.0
Selected Maximum Useful Life : 15.0
Period Prior to 1 July 2002 : 3.0
Sel. Remaining Term for Amortization : 12.0
Principal Outstanding as of July 2002 : 710,230
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 9 of 12 : 77,245
Bond Percent : 94.704%
Aidable Debt Service for Amortization Year 9 of 12 : 73,154

 

 

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