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2002-04-15 (57) ~OWN OF WAPPING~ 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 Barbara Spring Accounting Manager New York State Environmental Facilities Corporation 50 Wolf Road Albany, New York 12205 RE: New York State Water Pollution Control Revolving Fund (SRF) Town of Wappinger Series 1995 A . Dear Ms. Spring: Our auditors, Sedore & Company, CPA's PC, are making an examination of our financial statements. Please confirm directly to them balances as of December 31,2001 for the Revolving Fund Revenue Bonds, Series 1995 A, as detailed below: 1. Principal amount of issue: $2,610,054 2. Original date of issue: 6/20/95 3. Maturity date of issue: 11/15/2015 - 4. Annual interest rate: 5.065 5. Principal amount retired during year: 6. Principal amount outstanding at December 31,2001 '-' ~ 7. Total interest paid during year 8. Balance of proceeds deposited to the Town of Wappinger construction fund as of December 31,2001 9. Interest earned and or ace; ued on construction funds for the j dar of 2001 After completing the above information (attach additional sheets if necessary) and signing and dating your reply, please mail it directly to our auditors, Sedore & Company, CPA's PC, in the enclosed return envelope. Sincerely, h' ~UggierO' S Town of Wappinger JR:gb TO: Sedore & Company, CPA's PC The information furnished to you with this letter from the Town of Wappinger agrees with our records at December 31,2001. SIGNATURE: TITLE: DATE: