University of Virginia Library

ATTACHMENT C
UNIVERSITY OF VIRGINIA CLINCH VALLEY COLLEGE HOUSING SERIES 1984 D

Interest start date: 05/01/84

First interest payment: 12/01/84

DEBT SERVICE SCHEDULE

                      

PERIOD ENDING	PRINCIPAL	ANNUAL RATE	INTEREST	TOTAL
1 06/01/85	10,000.00	12.250	52,192.29	62,192.29
2 06/01/86	10,000.00	12.250	46,952.50	56,952.50
3 06/01/87	10,000.00	12.250	45,727.50	55,727.50
4 06/01/88	10,000.00	12.250	44,502.50	54,502.50
5 06/01/89	15,000.00	12.250	43,277.50	58,277.50
6 06/01/90	15,000.00	12.250	41,440.00	56,440.00
7 06/01/91	20,000.00	12.250	39,602.50	59,602.50
8 06/01/92	20,000.00	8.000	37,152.50	57,152.50
9 06/01/93	20,000.00	8.250	35,552.50	55,552.50
10 06/01/94	25,000.00	8.500	33,902.50	58,902.50
11 06/01/95	25,000.00	8.600	31,777.50	56,777.50
12 06/01/96	25,000.00	8.800	29,627.50	54,627.50
13 06/01/97	25,000.00	9.000	27,427.50	52,427.50
14 06/01/98	30,000.00	9.100	25,177.50	55,177.50
15 06/01/99	30,000.00	9.200	22,447.50	52,447.50
16 06/01/00	40,000.00	9.250	19,687.50	59,687.50
17 06/01/01	40,000.00	9.250	15,987.50	55,987.50
18 06/01/02	45,000.00	9.250	12,287.50	57,287.50
19 06/01/03	50,000.00	9.250	8,125.00	58,125.00
20 06/01/04	50,000.00	7.000	3,500.00	53,500.00
TOTAL	515,000.00		616,347.29	1,131,347.29

AVERAGE ANNUAL PAYMENT OVER 15-YEAR PERIOD FROM 06/01/90 TO 06/01/04 IS $ 56,246.33

UNIVERSITY OF VIRGINIA
CLINCH VALLEY COLLEGE
ACQUISITION - STUDENT HOUSING FOR 36 STUDENTS
MATURITY SCHEDULE FOR $ 360,000 BONDS
15-YEAR SCHEDULE

                  

Interest Rate	8.50%
Year	Principal Balance	Interest Payment	Principal Payment	P&I Payment	110% Coverage
	360,000.00
1988-89	347,248.63	30,600.00	12,751.37	43,351.37	47,686.50
1989-90	333,413.40	29,516.13	13,835.23	43,351.37	47,686.50
1990-91	318,402.17	28,340.14	15,011.23	43,351.37	47,686.50
1991-92	302,114.99	27,064.18	16,287.18	43,351.37	47,686.50
1992-93	284,443.40	25,679.77	17,671.59	43,351.37	47,686.50
1993-94	265,269.72	24,177.69	19,173.68	43,351.37	47,686.50
1994-95	244,466.29	22,547.93	20,803.44	43,351.37	47,686.50
1995-96	221,894.55	20,779.63	22,571.73	43,351.37	47,686.50
1996-97	197,404.22	18,861.04	24,490.33	43,351.37	47,686.50
1997-98	170,832.22	16,779.36	26,572.01	43,351.37	47,686.50
1998-99	142,001.59	14,520.74	28,830.63	43,351.37	47,686.50
1999-00	110,720.36	12,070.14	31,281.23	43,351.37	47,686.50
2000-01	76,780.22	9,411.23	33,940.14	43,351.37	47,686.50
2001-02	39,955.18	6,526.32	36,825.05	43,351.37	47,686.50
2002-03	0.00	3,396.19	39,955.18	43,351.37	47,686.50

FEASIBILITY ANALYSIS TABLE I
10-May-88

REVENUE BOND PARAMETERS

         

TERMS OF INDENTURE	AMOUNT
PRINCIPAL AMOUNT OF BOND	360.000
INTEREST RATE ON BOND	0.0850
NUMBER OF YEARS OF REPAYMENT	15
FIRST YEAR OF REPAYMENT	1989
RESERVE REQUIREMENT PERCENT	0.0000
RESERVE PAYMENT AMOUNT	0
ANNUAL PRINCIPAL AND INTEREST PAYMENT	43.351
TOTAL ANNUAL PAYMENT	43.351

FEASIBILITY ANALYSIS TABLE II
10-May-88

RESERVE FUND TRANSACTIONS

                               

YEAR	EST MAINT EXP	DEDUCTIONS	ADDITIONS	NET CHANGE
1989	0	0	0	0
1990	0	0	0	0
1991	0	0	0	0
1992	0	0	0	0
1993	0	0	0	0
1994	0	0	0	0
1995	0	0	0	0
1996	0	0	0	0
1997	0	0	0	0
1998	0	0	0	0
1999	0	0	0	0
2000	0	0	0	0
2001	0	0	0	0
2002	0	0	0	0
2003	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0

FEASIBILITY ANALYSIS TABLE III
10-May-88

REPAYMENT SCHEDULE: INTEREST= 0,0850 REINVESTMENT RATE= 0.0000

                                

YEAR	RESERVE FUND PAYMENT	INTEREST PAID	PRINCIPAL PAID	TOTAL DEBT SERVICE	PRINCIPAL BALANCE	RESERVE FUND BALANCE
1989	0	30,600	12,751	43,351	347,249	0
1990	0	29,516	13,835	43,351	333,413	0
1991	0	28,340	15,011	43,351	318,402	0
1992	0	27,064	16,287	43,351	302,115	0
1993	0	25,680	17,672	43,351	284,443	0
1994	0	24,178	19,174	43,351	,270	0
1995	0	22,548	20,803	43,351	244,466	0
1996	0	20,780	22,572	43,351	221,895	0
1997	0	18,861	24,490	43,351	197,404	0
1998	0	16,779	26,572	43,351	170,832	0
1999	0	14,521	28,831	43,351	142,002	0
2000	0	12,070	31,281	43,351	110,720	0
2001	0	9,411	33,940	43,351	76,780	0
2002	0	6,526	36,825	43,351	39,955	0
2003	0	3,396	39,955	43,351	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	0	0	0	0	0
	0	290,270	360,000	650,270

FEASIBILITY ANALYSIS TABLE IV
10-May-88

NON RECURRING INITIAL OUTLAYS
NOT FINANCED NITB BOND PROCEEDS

        

ITEM	1989	1990
PERSONAL SERVICES	0	0
A/E SERVICES	0	0
SITE DEVELOPMENT	0	0
INTERIN FINANCE CHARGE	0	0
EQUIPMENT	0	0
OTHER	0	0
TOTAL	0	0

INCREMENTAL ANNUAL OPERATING EXPENSES

        

ITEM	1980	1990	1991	1992
PERSONAL SERICES	7,800	7,800	7,800	7,800
CONTRACTUAL SERVICES	4,500	4,500	4,500	4,500
SUPPLIES AND MATERIALS	3,000	3,000	3,000	3,000
A INIRECT COSTS	720	720	720	720
UTILITIES	2,880	2,880	2,880	2,880
EQUIPMENT	1,000	1,000	1,000	1,000
TOTAL	19,900	19,900	19,900	19,900

FEASIBILITY ANALYSIS TABLE V
10-May-88

INCREASED INCREMENTAL OPERATING COSTS AND
AND NON-RECURRING INITIAL OUTLAYS

    

	YEARS 1-4	YEARS 5+
ASSUMED GROWTH RATE:
PERSONAL SERVICES	0,0000	0,0000
OTHER OBJECTS	0,0000	0,0000

                                

YEAR	PERSONAL SERVICES	OTHER OBJECTS	TOTAL
1989	7,800	12,100	19,900
1990	7,800	12,100	19,900
1991	7,800	12,100	19,900
1992	7,800	12,100	19,900
1993	7,800	12,100	19,900
1994	7,800	12,100	19,900
1995	7,800	12,100	19,900
1996	7,800	12,100	19,900
1997	7,800	12,100	19,900
1998	7,800	12,100	19,900
1999	7,800	12,100	19,900
2000	7,800	12,100	19,900
2001	7,800	12,100	19,900
2002	7,800	12,100	19,900
2003	7,800	12,100	19,900
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	0	0	0
	117,000	181,500	298,500

FEASIBILITY ANALYSIS TABLE VI
10-May-88

CONSOLIDATED STATEMENT OF PROJECT COSTS

                                

YEAR	PERSONAL SERVICES	OTHER OBJECTS	RESERVE FUND PAYMENT	INTEREST PAID	PRINCIPAL PAID	TOTAL PROJECT COSTS	RESERVE FUND BALANCE
1989	7,800	12,100	0	30,600	12,751	63,251	0
1990	7,800	12,100	0	29,516	13,835	63,251	0
1991	7,800	12,100	0	28,340	15,011	63,251	0
1992	7,800	12,100	0	27,064	16,287	63,251	0
1993	7,800	12,100	0	25,680	17,672	63,251	0
1994	7,800	12,100	0	24,178	19,174	63,251	0
1995	7,800	12,100	0	22,548	20,803	63,251	0
1996	7,800	12,100	0	20,780	22,572	63,251	0
1997	7,800	12,100	0	18,861	24,490	63,251	0
1998	7,800	12,100	0	16,779	26,572	63,251	0
1999	7,800	12,100	0	14,51	28,832	63,251	0
2000	7,800	12,100	0	12,070	31,281	63,251	0
2001	7,800	12,100	0	9,411	33,940	63,251	0
2002	7,800	12,100	0	6,526	36,825	63,251	0
2003	7,800	12,100	0	3,396	39,955	63,251	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
0	0	0	0	0	0	0	0
	117,000	131,500	0	290,270	360,000	948,770

FEASIBILITY ANALYSIS TABLE VII
10-May-88

PRESENT VALUE OF PROJECT COSTS

        

COST COMPONENTS	AMOUNT
PERSONAL SERVICES	64,773
OTHER OBJECTS	100,481
RESERVE FUND PAYMENTS	0
INTEREST PAID	183,714
PRINCIPAL PAID	176,286
PRESENT VALUE OF PROJECT COSTS	525,254
DISCOUNT RATE	0,0850

FEASIBILITY ANALYSIS TABLE VIII
10-May-88

          

USER FEE - DORM	AMOUNT
REGULAR SESSION
1) NUMBER OF BEDS
2) REGULAR SESSION FEE (AVERAGE IF NECESSARY)
3) OCCUPANCY RATE
SUMMER SESSION
1) NUMBER OF BEDS
2) SUMMER SESSION FEE (AVERAGE IF NECESSARY)
3) OCCUPANCY RATE
TOTAL ANNUAL REVENUE FROM THIS SOURCE	55,73

         

DORM USER PARAMETERS	AMOUNT
1) RATE AT WHICH FEES WILL GROW IN YEARS 1-4	0.0000
2) RATE AT WHICH FEES WILL GROW IN YEARS 5+	0.0000
3) CURRENT REGULAR SESSION RATE	1,260
4) CURRENT SUMMER SESSION RATE	450
5) TOTAL NO, OF BEDS BEFORE PROJECT	92
6) TOTAL NUMBER OF BEDS AFTER PROJECT	128
7) WILL OTHER DORM "SYSTEM" USERS CONTRIBUTE REVENUE TO THIS PROJECT	YES
(NO=0 YES=1)

FEASIBILITY ANALYSIS TABLE IX
10-May-88

ONLY INCREMENTAL INCREASES RELATED TO THIS PROJECT

          

DORM "SYSTEM" CONTRIBUTION	AMOUNT
REGULAR SESSION
1) NUMBER OF BEDS
2) REGULAR SESSION FEE INCREASE (AVERAGE IF NECESSARY)
3) OCCUPANCY RATE
SUMMER SESSION
1) NUMBER OF BEDS
2) SUMMER SESSION FEE INCREASE (AVERAGE IF NECESSARY)
3) OCCUPANCY RATE
TOTAL AUAL REVENUE FROM THIS SOURCE	0

     

DORM SYSTEM PARAMETERS	AMOUNT
1) RATE AT FEES WILL GRON IN YEARS 1-4	0.0000
2) RATE AT ICB FEES WILL GRON IN YEARS 5	,0000
3) CURRENT REGULAR SESSION RATE	1,135
4) CURRENT SUMMER SESSION RATE	425

FEASIBILITY ANALYSIS TABLE XII
10-May-88

              

ENROLLMENT PROJECTIONS - FTES
REGULAR SESSION SUMMER SESSION
YEAR	FULL	PART	FULL	PART	TOTAL BOLLAR CONTRIBUTION
(RATE)	0.00	0.00	0.00	0.00
1989	1,015	399	80	425	$0
1990	1,015	399	80	425	$0
1991	1,015	399	80	425	$0
1992	1,015	399	80	425	$0
1993	1,015	399	80	425	$0
1994	1,015	399	80	425	$0
1995	1,015	399	80	425	$0
1996	1,015	399	80	425	$0
1997	1,015	399	80	425	$0
1998	1,015	399	80	425	$0

FEASIBILITY ANALYSIS TABLE XVII
10-May-88

       

OTHER SOURCES
PLEASE SPECIFY YEAR IN ICR FUNDS BECOME AVAILABLE AND AMOUNT OF FUNDS. IF REVEUE STREAM ENDS DURING LIFE OF THE PROJECT, ENTER A NEGATIVE NUMBER IN THE APPROPRIATE YEAR. KEY NUMBER TO DESCRIPTION IN PROJECT WRITE-UP.
	YEAR	AMOUNT
1-FIRST FUNDS AVAILABLE	1989	177,643
2-SECOND FUNDS AVAILABLE	0	0
3-THIRD FUNDS AVAILABLE	0	0
4-FOURTH FUNDS AVAILABLE	0	0

FEASIBILITY ANALYSIS TABLE XVIII
14-Oct-87

CONSOLIDATED STATEMENT OF PROJECT REVENUES

                                

YEAR	USER FEES	GENERAL STUDENT FEES	RECOVERIES	REVENUE FROM OPERATIONS	INSTITUTIONAL RESERVES	RETIREMENT OF EXISTING DEBT	OTHER	TOTAL
1989	55,793	0	0	0	0	0	177,643	233,436
1990	55,793	0	0	0	0	0	177,643	233,436
1991	55,793	0	0	0	0	0	177,643	233,436
1992	55,793	0	0	0	0	0	177,643	233,436
1993	55,793	0	0	0	0	0	177,643	233,436
1994	55,793	0	0	0	0	0	177,643	233,436
1995	55,793	0	0	0	0	0	177,643	233,436
1996	55,793	0	0	0	0	0	177,643	233,436
1997	55,793	0	0	0	0	0	177,643	233,436
1998	55,793	0	0	0	0	0	177,643	233,436
1999	55,793	0	0	0	0	0	177,643	233,436
2000	55,793	0	0	0	0	0	177,643	233,436
2001	55,793	0	0	0	0	0	177,643	233,436
2002	55,793	0	0	0	0	0	177,643	233,436
2003	55,793	0	0	0	0	0	177,643	233,436
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
SCREEN	TM	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0
	836,892	0	0	0	0	0	2,664,645	3,501,537

FEASIBILITY ANALYSIS TABLE XIX
14-Oct-87

          

REVENUE SOURCES	AMOUNT
1) USER FEES	463,317
2) GENERAL STUDENT FEES	0
3) RECOVERIES	0
4) REVENUE FROM OPERATIONS	0
5) INSTITUTIONAL RESERVES	0
6) RETIREMENT OF EXISTING DEBT	0
7) OTHER	1,475,189
PRESENT VALUE OF PROJECT REVENUE CASH FLOW	1,938,506
DISCOUNT RATE	0.0850

FEASIBILITY ANALYSIS TABLE XX
14-Oct-87

CONSOLIDATED STATEMENT OF PROJECT
NET REVENUES

                                

YEAR	[1] TOTAL PROJECT COSTS	TOTAL PROJECT REVENUE	NET PROJECT REVENUE	COVERAGE PERCENT
1989	63,251	233,436	170,184	369.06%
1990	63,251	233,436	170,184	369.06%
1991	63,251	233,436	170,184	369.06%
1992	63,251	233,436	170,184	369.06%
1993	63,251	233,436	170,184	369.06%
1994	63,251	233,436	170,184	369.06%
1995	63,251	233,436	170,184	369.06%
1996	63,251	233,436	170,184	369.06%
1997	63,251	233,436	170,184	369.06%
1998	63,251	233,436	170,184	369.06%
1999	63,251	233,436	170,184	369.06%
2000	63,251	233,436	170,184	369.06%
2001	63,251	233,436	170,184	369.06%
2002	63,251	233,436	170,184	369.06%
2003	63,251	233,436	170,184	369.06%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
0	0	0	(0)	0.00%
	948,770	3,501,537	2,552,767