Unhand Piermont!: Audited Mayor Bruce Tucker Seeks A New Direction For Piermont's Bond Rating.

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Thursday, July 17, 2025

VIA U.S. MAIL and E-MAIL:
eden.perry@spglobal.com
Eden Perry, Head of U.S. Public Finance (USPF)
S&P Global Ratings - Standard & Poor’s Global Corporate
Two Lincoln Centre, 5430 LBJ Freeway
Dallas, Texas 75240 USA

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charlene.butterfield@spglobal.com
Charlene Butterfield, Senior Director & Analytical Manager
S&P Global Ratings - Standard & Poor’s Global Corporate
Two Lincoln Centre, 5430 LBJ Freeway
Dallas, Texas 75240 USA

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evelyn.nazario@spglobal.com
Evelyn Nazario
S&P Global Ratings - Standard & Poor’s Global Corporate
Two Lincoln Centre, 5430 LBJ Freeway
Dallas, Texas 75240 USA

Re:
New York State Comptroller AUDIT Of Mayor Bruce Tucker’s Village Of Piermont

CUSIP Base #720798 [CUSIP 720798HC4] - The Village of Piermont, New York – Municipal Bonds

Dear Eden, Evelyn, Charlene, Victor, and Oladunni:

Further to my prior correspondence regarding the financial condition and bond rating of the Village of Piermont in Rockland County, New York, Mr. Thomas DiNapoli’s Office of the New York State Comptroller (OSC) is commencing an Audit of Mayor Bruce Tucker’s Village of Piermont:
https://unhandpiermont.blogspot.com/2025/07/incorporated-village-of-piermont-new_12.html

The prior correspondence and related material can be found at these links for your reference:
https://unhandpiermont.blogspot.com/2024/11/unhand-piermont-to-standard-poors-told.html
https://unhandpiermont.blogspot.com/2024/11/unhand-piermont-to-wall-street-told-ya.html
https://unhandpiermont.blogspot.com/2024/07/crouching-tiger-hidden-garmento.html
https://unhandpiermont.blogspot.com/2024/08/analyze-this.html
https://unhandpiermont.blogspot.com/2024/08/takin-it-to-street.html
https://unhandpiermont.blogspot.com/2024/08/found-her.html
https://unhandpiermont.blogspot.com/2025/05/ha-ha-charade-you-are.html
https://unhandpiermont.blogspot.com/2025/05/junk-bonds-anyone.html
https://unhandpiermont.blogspot.com/2025/05/piermont-mayor-bruce-tucker-gets-gonged.html
https://unhandpiermont.blogspot.com/2025/02/mayor-bojangles-tucker-i-drinks-bit.html

The significant new OSC Audit action taken against the Village of Piermont and Mayor Bruce Tucker follows, as you will recall, OSC’s commencement of a “Risk Assessment” of Piermont in 2024. The “Risk Assessment” was made known to the public some time after its initiation:
https://unhandpiermont.blogspot.com/2024/11/newsflash-office-of-new-york-state.html
My understanding is that although the “Risk Assessment” has already taken numerous months, its last portion may itself nevertheless still remain to be completed by OSC.

My further understanding is that this new development, though – that is, the OSC Audit of Piermont - has yet to be publicly-communicated by the New York State Comptroller or by any local mainstream media to date. Rather, the OSC Audit of Piermont was instead quietly revealed by Piermont government itself, appearing to have been buried as “Item #5” in a newly-discovered document recently uploaded to the Village of Piermont’s Internet website reflecting minutes (labeled “DRAFT”) of the Village’s sparsely-attended June 10, 2025 Board of Trustees meeting. You will find a copy of those minutes attached/enclosed hereto with the mailed copy of this letter. You may also find a copy of the minutes as linked below:
https://cms9files1.revize.com/piermont/DRAFT%20BOT%20Meeting%20Minutes%20June%2010th,%202025.pdf
https://www.piermont-ny.gov/government/agendas_and_minutes.php

As background information, an overall chronology outlining the harm done by Piermont government to residents in recent years, can be found here:
https://unhandpiermont.blogspot.com/2025/07/the-piermont-chronology-step-by-step.html

Additionally, a subject-matter link-list by topic for ease of reference, can be found here:
https://unhandpiermont.blogspot.com/2025/07/your-links-to-piermont-new-york-july.html
Thank you to you and your colleagues for your continued attention to this matter.

Very truly yours,

John J. Tormey III, Esq.

VIA U.S. MAIL and E-MAIL:
victor.medeiros@spglobal.com
Victor Medeiros – Director and Lead Analyst
S&P Global Ratings – U.S. Public Finance
One Financial Center, 675 Atlantic Avenue, 9th Floor
Boston, Massachusetts 02111 USA

VIA U.S. MAIL and E-MAIL:
oladunni.ososami@spglobal.com
Oladunni M. Ososami – Primary Credit Analyst
S&P Global Ratings - Standard & Poor’s Global Corporate
Two Lincoln Centre, 5430 LBJ Freeway
Dallas, Texas 75240 USA