New York State Education Department

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

District: AMAGANSETT UFSD (580303)

 

580303 AMAGANSETT UFSD
Amount Issued: 2,720,000 BLD-10
Date of Original Issuance: 06 / 16 / 1999

 

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

0001 006 2,720,000 0 1,935,176 784,824 18.5 50,320,000


2,720,000 50,320,000

Blended Maximum Useful Life : 18.5
Original Term of Bond : 16.0
Selected Maximum Useful Life : 18.5
Period Prior to 1 July 2002 : 3.0
Sel. Remaining Term for Amortization : 15.5
Principal Outstanding as of July 2002 : 2,465,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 15.5 : 222,603
Bond Percent : 87.647%
Aidable Debt Service for Amortization Year 15 of 15.5 : 195,105

 

 

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