New York State Education Department

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

District: ELMIRA HEIGHTS CENTRAL SCHOOLS (070902)

 

070902 ELMIRA HEIGHTS CENTRAL SCHOOLS
Amount Issued: 10,170,000 BLD-10
Date of Original Issuance: 06 / 02 / 2003

 

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

0001 007 6,986,150 0 668,850 6,317,300 15.5 108,285,325
0007 009 4,413,850 0 0 4,413,850 15.0 66,207,750


11,400,000 174,493,075

Blended Maximum Useful Life : 15.5
Original Term of Bond : 16.0
Term based on prior Retro borrowing : 16.0
Selected Maximum Useful Life : 16.0
Period Prior to 1 July 2002 : 2.0
Sel. Remaining Term for Amortization : 14.0
Principal Outstanding as of July 2002 : 11,009,824
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 13 of 14 : 1,068,509
Bond Percent : 89.618%
Aidable Debt Service for Amortization Year 13 of 14 : 957,576

 

 

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