New York State Education Department

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

District: MASSENA CSD (512001)

 

512001 MASSENA CSD
Amount Issued: 4,742,569 BLD-10
Date of Original Issuance: 03 / 28 / 2000

 

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

0001 004 3,246,358 0 1,416,009 1,830,349 17.0 55,188,086
0004 005 3,560,392 0 1,684,184 1,876,208 17.5 62,306,860
0005 004 3,450,935 0 1,702,367 1,748,568 17.5 60,391,363
0008 003 5,993,655 0 365,480 5,628,175 15.5 92,901,653
0012 003 4,115,230 0 1,238,943 2,876,287 16.5 67,901,295


20,366,570 338,689,256

Blended Maximum Useful Life : 16.5
Original Term of Bond : 15.0
Selected Maximum Useful Life : 16.5
Period Prior to 1 July 2002 : 2.0
Sel. Remaining Term for Amortization : 14.5
Principal Outstanding as of July 2002 : 4,370,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 14.5 : 413,584
Bond Percent : 90.457%
Aidable Debt Service for Amortization Year 15 of 14.5 : 187,058

 

 

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