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2002-04-15 (10) '-" ....., TOWN OF WAPPINGER SUPERVISOR JOSEPH RUGGIERO TOWN COUNCIL . VINCENT BETTINA CHRISTOPHER J. COLSEY JOSEPH P. PAOLONI ROBERT L. VALDATI SUPERVISOR'S OFFICE 20 MIDDLEBUSH ROAD WAPPINGERS FALLS, NY 12590-0324 (845) 297-2744 FAX: (845) 297-4558 April 15, 2002 The Bank of New York A IT: John Morik BDSI Tri-Party Services One Wall Street, Fourth Floor New York, New York 10286 RE: Account # 202905 Cusip # 31373UNV5 Our auditors, Sedore & Company, CPA's PC, are making an examination of our financial statements. Please confirm directly to them the following information relating to securities held by you as collateral to secure the deposits of the Town of Wappinger at Fleet Bank as of December 31, 2001, including the following information. 1. Description of $ecurities 2. Par value 3. Maturity date 4. Market value Please mail your reply directly to Sedore & Company, CPA's PC, PO Box 918,62 East Main Street, Wappingers Falls, New York 12590, in the enclosed envelope. Sincerely, Joseph Ruggiero, Supervisor Town of Wappinger .:gb