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ExxisiT A <br />APPLICATION OF SALE PROCEEDS <br />TOTAL S~1LE PROCEEDS: <br />Principal Amount of Certificates $22,000,000.00 <br />Less Underwriting Discount ($150,097.50) <br />Less Original Issue Discount ($74,933.40) <br />S.~~LE PROCEEDS $21,774,969.10 <br />Plus Accrued Interest $42,323.33 <br />TOT \L S~~LE <br />P~ocEEns: ~21,817,292.43 <br />APPLIC.-\TION OF TOTAL SALE <br />PROCEEDS <br />Deposit of Accrued Interest to 1998 <br />Debt Service Account: $42~'2''" <br />Deposits to Project Fund: <br />To pay estimated Capitalized Interest <br />during construction: $1,660,487.69 <br />To pay County's Share of Project <br />Costs (other than capitalized interest <br />and insurance premium): $19,980,481.41 <br />To pay Insurance Policy Premium $134,000.00 <br />Balance Remaining: $0.00 <br />Sale Proceeds: $21,774,969.10 <br />Less Reserve Account Deposit: $0.00 <br />Net Sale Proceeds: $21,774,969.10 <br />S% OF NET .S.~LE PROCEEDS: $1,088,748.46 <br />