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Documentation_Pension Public Safety_Tab 07A_11/09/2004
Priced Securities Value $2,091,773.00 $2,019,657.51 Money Mkt Funds/Bank Dep. Bal. $121,604.00 $156,382.00 Cash Balance (Cash Debt) ($134.88) $100.14 Total Net Worth $2,213,242.12 $2,176,139.65 ................................................................................................................................................... Available For Checkwriting And Visa $156,482.14 This Period Realized Gain (Loss) .................................................................................. Year To Date Realized Gain (Loss) .................................................................................. Unrealized Gain (Loss) As Of July 31 Money Fund Dividends Dividends Interest $9,779.25 ...................................................... $52,701.65 ...................................................... $203,735.99 Your Financial Advisor: FRED P KENNEY Phone: 561-691-5113 FIRST V.P. INVESTMENTS 3399 PGA BOULEVARD SUITE 400 PALM BCH GARDENS FL 33410 E-mail Address: fred.kenney@wachoviasec.com Your Investment Advisor: NORTHSTAR CAPITAL MANAGEMENT ........................................................................................................................................................... VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND 250 TEQUESTA DR STE 304 TEQUESTA FL 33469-2766 ~n~~ni~~n~n~~~~n~~~nu~~~~n~~i~~n~~~n~u~~~~~u~n~i~ Trading authorization has been given to: NORTHSTAR CAPITAL MANAGEMENT Copies of this statement are being sent to tws Peaioo ~ to oAtE NORTHSTAR CAPITAL MANAGEMENT $44.17 $213.57 NORTHSTAR CAPITAL MANAGEMENT $479.38 $3,997.52 Additional copies are being sent. Please call your Financial Advisor for details. $3,643.75 $22,872.50 Total Income $4,167.30 $27,083.59 Opening Cash, MM Fnd/Bank Dep. Bal. $121,469.12 Income & Distributions In Cash $4,167.30 $27,054.77 Funds Added $18,476.95 $97,729.30 Net Securities Bought/Sold ($9,951.40) ($130,607.00) Net Redemptions/Exchanges $25,000.00 $75,000.00 Funds Withdrawn $.00 ($40.00) Checking & Billpay ($2,679.83) ($40,692.17) Closing Cash, MM Fnd/Bank Dep. Bal. $156,482.14 Mtl Fund/Bank Dep-7.2X Corporate Bonds-11.1X Gov Asset Backed-15.5X Equities-55.2X For The Period: Account Number: July 1 -July 31, 2004 01 K-963853-24 Page 1 of 16 Client Statement COMMAND Account For The Period: July 1 -July 31, 2004 VILLAGE OF TEQUESTA WACHOVIA SECURITIES Page 2 of 16 Account Number: 01 K-963853-24 P~Iltfolio Detail ESTIMATED ESTIMATED CURRENT CURRENT ACCRUED ANNUALIZED CURRENT SYMBOL QUANTITY PRICE VALUE INTEREST INCOME YIELD COMMENTS Equities-55.2% of Portfolio _ ALCON INC ACL 300 76.600 ** ......... ....................... $22,980.00 ............................ $168 ................................................ .73% ....................................... ......... ............... .......... ............................ ........................................ AMBAC FINANCIAL GROUP INC .................... ABK ................. 600 ** ........ 71.110 $42,666.00 $300 o 70 /° AMERICAN EXPRESS CO AXP 1,000 50.250 '"' $50,250.00 $400 .80% AMGEN INC AMGN 700 .. 56.880 ........................................... $39,816.00 ............................ ................................................ ................................................. .............. . .......................................................................................... APOLLO GROUP INC CLASS A .................... APOL ............... 500 83.550 ..................................... $41,775.00 ............................ ................................................ ................................................. .............. . .......................................................................................... BED BATH AND BEYOND INCORPORATED .................... BBBY ................. 1,100 ...... 35.390 "' $38,929.00 BJ SERVICES CO BJS 400 49.660 ......... ............... $19,864.00 ............................ $128 ................................................ .64 ° ....................................... ......... ............... ............................................................................... CAPITAL ONE FINANCIAL CORP .................... COF ................. 700 ~ ................ 69.320 $48,524.00 $75 o CISCO SYSTEMS INC CSCO 1,000 20.920 '* ..................... $20,920.00 ............................ ................................................ ................................................. .............. . .......................................................................................... COACH INC .................... COH ................. 1,000 ...................... 42.790 $42,790.00 DELL INC DELL 1,100 35.470 *" ..................................... $39,017.00 ............................. ................................................ ................................................. .............. . .......................................................................................... EBAY INC .................... EBAY ................. 500 ..... 78.330 ** ........ ..................... $39,165.00 ............................. ................................................ ................................................. ............... .............................................................. GENENTECH INC .................... DNA ................. 400 iy .......... 48.680 .................. $19,472.00 ............................. ................................................ ................................................. .............. . .......................................................................................... GENERAL ELECTRIC CO .................... GE ................. 1,200 ........................ 33.250 '* $39,900.00 $960 2.41% HARMAN INTERNATIONAL INDUSTRIES INC NEW HAR 300 85.730 `" $25,719.00 $15 .06% INTERNATIONAL GAME TECHNOLOGY IGT 1,400 32.340 " $45,276.00 $560 1.24% L 3 COMMUNICATIONS HOLDINGS INC LLL 600 61.150 *' $36,690.00 .. ... $240 .. ....................................... .65% ..................................... ..... .............. LOWES COMPANIES INC ................................................. .......LOW..... .........600.. .................48.720...*~ ....... ................................ ....... $29,232.00 ............................. $96 ............................................... .33% .................................................. .............. . .......................................................................................... MARVELL TECHNOLOGY GROUP LTD .................... MRVL ................. 1,600 .......... 23.220 " $37,152.00 MEDTRONIC INC MDT 900 49.670 '"' $44,703.00 $302 .68% MICROSOFT CORP WASHINGTON MSFT 1,400 28.490 ** ........................... . $39,886.00 ............................. $448 ............................................... 1.12% .................................................. .............. . .......................................................................................... MOODYS CORP .................... MCO ................. 700 ............ .. 68.100 ** $47,670.00 $210 .44% NEXTEL COMMUNICATIONS INC CLASS A NXTL 1,400 22.810 " .......................... ... $31,934.00 ............................. ............................................... .................................................. ............... ......................................................................................... PFIZER INC .................... PFE ................. 1,100 ............ . 31.960 "* ................................. $35,156.00 ............................. $748 ............................................... 2.13% .................................................. .............. . .......................................................................................... PROCTER 8 GAMBLE CO .................... PG ................. 800 ......... 52.150 *" ................................... .. $41,720.00 ............................. $800 ............................................... 1.92% .................................................. .............. . .......................................................................................... SMITH INTERNATIONAL INC DELAWARE .................... SII ................. 500 .... . 58.280 .............................. . $29,140.00 ............................. ............................................... .................................................. .............. . .......................................................................................... STARBUCKS CORP .................... SBUX ................ 800 .......... .. 46.990 ... ........ $37,592.00 ......... ... ....................................... .. ..................................... ..... ............... STRYKER CORP ............................................................... ........ SYK..... .........800. ;* ..................47.680. $38,144.00 $56 .15% -~ ....................................................................................... .................... ................ ........................................... ............................. ............................................... .................................................. ............... e SYMANTEC CORP SYMC 1,200 46.760 '* $56,112.00 .............................. . ..... .................................................. ............... Y s .......................................................................................... TEVA PHARMACEUTICAL INDUSTRIES LTD .................... TEVA ................ 1,400 ........................................... 29.600 "' ............................. $41,440.00 ........ .. . $192 .46°~ u~ mm m~ ay ~' o 2 Client Statement WACHOVIA SECURITIES ~ ~vivinni~-ivu wccouni ~ ,. For The Period: Account Number: July 1 -July 31, 2004 VILLAGE OF TEQUESTA 01 K-963853-24 Page 3 of 16 (CONTIrN1ED) ESTIMATED ESTIMATED CURRENT CURRENT ACCRUED ANNUALIZED CURRENT SYMBOL QUANTITY PRICE VALUE INTEREST INCOME YIELD COMMENTS Equities-55.2% of Portfolio (continued) SPONSORED AMERICAN DEPOSITARY RECEIPT ........................................................................................ VARIAN MEDICAL SYSTEMS INC .............................................. VAR 500 ................................ 69.010 ................................ $34,505.00 ...................... ....................... ................ .................................................. . ....... .... ............................................................. WACHOVIA CORP 2ND NEW .............................................. WB 1,000 ........................~~ ..... 44.310 ................................ $44,310.00 ...................... ....................... $1,600 ............o... 3.61 /° ................................................... Total $1,202,449.00 ~ $7,298 Corporate Bonds-12.1% of Portfolio AMERITECH CAPITAL FUNDING CORP NOTES 25,000 100.854 E $25,213.50 $464 $1,575 6.25% Rating: Al/A+ RO AO 6.300 10/15/2004 DTD 10/10/97 BOOK ENTRY ONLY ........................................................................................ PENNSYLVANIA POWER AND LIGHT CO 1ST MTG .............................................. 25,000 ................................ 102.6375E ................................ $25,659.38 ...................... $542 ....................... $1,625 ................ 6.33% .................................................. . Rating: BAA1/A- RO AO 6.500 04!01/2005 DTD 04/01/93 ........................................................................................ PUBLIC SERVICE ELECTRIC 8 GAS CO .............................................. 25,000 ................................ 106.364 E ................................. $26,591.00 ..................... $130 ....................... $1,563 ................ 5.88% .................................................. . Rating: A3/A- 1ST MTG BD RO JJ 6.250 01/01/2007 DTD 01/01/96 CALL GTR PAR OR MAKE WHOLE TSY + 10.OOBP BOOK ENTRY ONLY ........................................................................................ BANKERS TRUST NEW YORK SER A .............................................. 25,000 ................................ 109.730 E ................................. $27,432.50 ..................... $558 ....................... $1,675 ................ 6.11% .................................................. . Rating: A2/A MEDIUM TERM NOTES RO AO 6.700 10/01/2007 DTD 10/07/97 BOOK ENTRY ONLY ........................................................................................ CSX TRANSPORTATION INC .............................................. 25,000 ................................ 109.080 ................................. $27,270.00 ..................... $612 ....................... $1,620 ................ 5.94% .................................................. . Rating: Al/A EQUIPMENT TRUST CERTIFICATE SER 1993-A RO MS 6.480 03/15/2008 DTD 03/17/93 FIRST UNION CORP SUBORDINATED NOTES 25,000 107.196 E $26,799.00 $379 $1,500 5.60% Rating: Al/A- RO AO 6.000 10/30/2008 DTD 10/22/93 . . .. ............................................................................... .. ... VERIZON NEW ENGLAND INC SR NOTES GBL .............................................. 25,000 ................................ 107.789 E ................................. $26,947.25 ..................... $614 ....................... $1,625 ................ 6.03% .................................................. . Rating: AA3/A+ RO MS 6.500 09/15/2011 DTD 08/21!01 CALL GTR PAR OR MAKE WHOLE TSY + 30.OOBP BOOK ENTRY ONLY ........................................................................................ CREDIT SUISSE FIRST BOSTON USA INC .............................................. 25,000 ................................ 108.5225E ................................. $27,130.63 ..................... $72 ....................... $1,625 ................ 5.99% .................................................. . Rating: AA3/A+ NOTES RO JJ 6.500 01/15/2012 DTD 01/11/02 CALL GTR PAR OR MAKE WHOLE TSY + 30.OOBP BOOK ENTRY ONLY N BANK OF AMERICA CORP NOTES 50,000 100.446 E $50,223.00 $396 $2,688 5.35% Rating: AA2/A+ RO JD 5.375 06/15/2014 DTD 06/08!04 Y SUBJECT TO SPECIAL REDEMPTION BY ISSUER u~ m~ ~q mY ~o 2 i Client Statement COMMAND Account July 1 -July 31, 2004 VILLAGE OF TEQUESTA WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 4 of 16 ESTIMATED ESTIMATED CURRENT CURRENT ACCRUED ANNUALIZED CURRENT SYMBOL QUANTITY PRICE VALUE INTEREST INCOME YIELD COMMENTS Corporate Bonds-12.1% of Portfolio (continued) BOOK ENTRY ONLY Total 250,000 $263,266.26 $3,767 $15,496 Government Asset Backed Securities-25.5% of Portfolio FEDERAL HOME LOAN BANK 25,000 106.969 E $26,742.25 $217 $1,560 5.83% CP JD 6.240 12/11/2006 DTD 12/11/96 FEDERAL HOME LN MTG CORP 50,000 100.000 E $50,000.00 $661 $1,750 3.50% DEB CP MS 3.500 09!15/2007 DTD 09!16102 FEDERAL HOME LN BKS 25,000 104.781 E $26,195.25 $605 $1,313 5.01% CONS BD CP FA 5.250 02/13/2009 DTD 02/15/02 FEDERAL HOME LOAN BANK 50,000 100.000 E $50,000.00 $689 $2,050 4.10% CP MS 4.100 03!30/2009 DTD 09/30!03 CALL 09/30/2005 100.00 1ST CPN 03/30/04 FEDERAL HOME LOAN MORTGAGE MED TERM NOTE 50,000 99.634 E $49,817.00 $508 $2,125 4.27% CP MN 4.250 05/05/2010 DTD 05/05/03 CALLABLE 05/05/2004 AT 100.00 FEDERAL FARM CREDIT BANK 50,000 100.906 E $50,453.00 $1,083 $2,500 4.96% CP FA 5.000 08/25/2010 DTD 08!25/03 CALL 08/25/2005 100.00 1ST CPN 02!25/04 ...................... ........... .................................. ...................... ...................... ................................................................ . ............................................................................................................. FEDERAL HOME LOAN BANK ........................ 25,000 . 100.063 E $25,015.75 $753 $1,575 6.30% CP FA 6.300 08!09/2011 DTD 08/09/01 CALLABLE 08/09/2004 AT 100.00 . .................................. ...................... ...................... ................................................................ . ............................................................................................................. FEDERAL HOME LOAN BANK ........................ 50,000 ....................... 100.625 .......... E $50,312.50 $794 $2,775 5.52% CP AO 5.550 10/18/2011 DTD 10/18/01 CALLABLE 10/18/2004 AT 100.00 ............................. ....................... ...................... ................................................................ . ............................................................................................................. FEDERAL HOME LOAN MTGE CORP ........................ 25,000 ....................... 105.250 ........... E .... $26,312.50 $634 $1,563 5.94% CP MS 6.250 03/05/2012 DTD 03/05/02 CALLABLE 03/05/2007 AT 100.00 ... . ................................. ....................... ...................... ................................................................ . ............................................................................................................. FEDERAL HOME LOAN BANK ........................ 50,000 ....................... 100.281 ..... . . E $50,140.50 $944 $2,810 5.60% CP MS 5.620 09/30/2013 DTD 09/30/03 CALL 09/30/2004 100.00 1ST CPN 03/30/04 ........... ................................. ....................... ...................... ................................................................. ............................................................................................................ FEDERAL HOME LN BKS ........................ 50,000 ....................... 100.000 E $50,000.00 $758 $2,625 5.25% CONS BD CP AO 5.25010/17/2013 DTD 10/17/03 CALL 10/17/2005 100.00 1ST CPN 04/17/04 __ s u~ mW m mY ~ o Z ,A1 Client Statement WACHOVIA SECURITIES www~w^ w ue~ w _ ~a -+b --- ~.~mmFUVU Hccouni iv _ ~- For The Period: Account Number: July 1 -July 31, 2004 VILLAGE OF TEQUESTA 01 K-963853-24 Page 5 of 16 ESTIMATED ESTIMATED CURRENT CURRENT ACCRUED ANNUALIZED CURRENT SYMBOL QUANTITY PRICE VALUE INTEREST INCOME YIELD COMMENTS Government Asset Backed Securities-25.5% of Portfolio (continued) ......................................................................... FEDERAL HOME LOAN BANK CP JJ 5.200 01/23/2014 DTD 01/23/04 CALL 01/23/2006 100.00 1ST CPN 07/23/04 ......................................................................... FEDERAL HOME LOAN BANK CP AO 5.000 04/15/2014 DTD 04/15/04 CALL 04/15/2005 100.00 1ST CPN 10/15/04 50,000 99.594 E $49,797.00 $58 $2,600 5.22% ..............:................................................................................................................................................................................ 50,000 98.313 E $49,156.50 $736 $2,500 5.09% Total $553,942.25 $8,440 $27,746 ..................................................................................................................................................................................................................................................................................................................... . TOTAL PRICED SECURITIES VALUE $2,019,657.51 $12,207 $50,540 Money Mkt FundslBank Dep. Accts.-7.2% of Portfolio DRYDEN GOVERNMENT SECURITIES TRUST 156,382 1.000 $156,382.00 $751 .48% 7-Day Yield US TREASURY MONEY MARKET SER CLASS AX TOTAL MONEY MKT FUNDS/BANK DEP. ACCTS. $156,382.00 $751 This section presents estimated gains or losses for your information only, and should not be used for tax purposes. We suggest you review it for accuracy and contact your Financial Advisor with any questions before making any investment decisions. In instances where a gain (loss) has not been calculated, summary totals may not reflect a comprehensive view of your complete portfolio. A detailed breakdown of Realized Gains (Losses) will be shown on your Consolidated Statement. Differences in gains (losses) may appear based on capital adjustments subsequent to settlement date. In the summary below, "Short-Term" Indicates shares held 1 year or less; "Long-Term" Indicates shares held more than 1 year. Gains (losses) on Broad Based Index Options (shown as Category "I") have been allocated as 60°,G long-term and 40°~ short-term, regardless of the length of time held (in accordance with Section 1256 of the IRS Code). "N/A" -Indicates in this Summary section that, either there were no capital gains or losses in this category, or sufficient information was not available to make an appropriate calculation. Unrealized Gains (Losses) Short-Term Long-Term ($3,780.78) $207,516.77 Realized Gains (Losses) This Period Year-to-Date Short-Term $2,573.74 $3,751.91 Long-Term $7,205.51 $48,949.74 s ~~ me ~q mY ~o 2 Client Statement COMMAND Account For The Period: July 1 -July 31, 2004 VILLAGE OF TEQUESTA WACHOVII~ SECURITIES Account Number: 01 K-963853-24 Page 6 of 16 This section presents estimated unrealized gains or losses for your information only, and should not be used for tax purposes. We suggest you review it for accuracy and contact your Financial Advisor with any questions before making any investment decisions. Purchases of foreign securities reflect local (legacy) currency in the "Price or Adj Cosy' column, while "Cost or Other Basis" and "Unrealized Gain (Loss)" are in US dollars. In instances where a gain (loss) has not been calculated, section and summary totals may not reflect a comprehensive view of your complete portfolio. In the detail below, "S" Indicates shares held 1 year or less (Short-Term); "L" Indicates shares held more than 1 year (Long-Term); and "O" Indicates shares for which we may not have complete information, or that cannot be properly categorized. ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Equities ALCON INC 06-07-04 S 300 . 76;890 .76:600.......... ...........$23,122:00......... .........$22,980:00........... ..........$.142:00) ..................................................... AMBAC FINANCIAL GROUP INC .. ..................... 06-18-03 .. ............. L ....... .. ............ 250 ....... ......... 69.130 ...... 71.110 $17,337.50 $17,777.50 $440.00 10-14-03 S 250 71.740 71.110 $17,990.00 $17,777.50 ($212.50) 10-22-03 S 100 70.840 71.110 $7,139.00 $7,111.00 ($28.00) AMERICAN EXPRESS CO AMGENINC ................................................. APOLLO GROUP INC CLASS A ..................................................................... BED BATH AND BEYOND INCORPORATED BJ SERVICES CO .................................................... CAPITAL ONE FINANCIAL CORP (i00 $42,466.50 $42,666.00 $199.50 02-04-03 L 400 34.950 50.250 $14,040.00 $20,100.00 $6,060.00 04-22-03 L 400 36.520 50.250 $14,668.00 $20,100.00 $5,432.00 06-02-03 L 200 42.810 50.250 $8,617.00 $10,050.00 $1,433.00 1,000 . $37,325.00 ..................................... $50,250.00 ................................... $12,925.00 ......................... . ...................................... 07-31-02 ............... L ............................. 200 ............................ 45.740 .......................... 56.880 $9,148.00 $11,376.00 $2,228.00 07-31-02 L 300 45.750 56.880 $13,725.00 $17,064.00 $3,339.00 08-27-02 L 200 46.130 56.880 $9,281.00 $11,376.00 $2,095.00 700 $32,154.00 $39,816.00 $7,662.00 06-22-01 L 50 25.3867 83.550 $1,274.33 $4,177.50 $2,903.17 12-05-01 L 150 30.7533 83.550 $4,668.00 $12,532.50 $7,864.50 12-11-01 L 300 31.780 83.550 $9,589.00 $25,065.00 $15,476.00 500 $15,531.33 . . ............ $41,775.00 ................................... $26,243.67 ......................... . ...................................... 03-14-01 ............... L ............................. 200 ............................ 27.110 ........................... 35.390 ..................... . . $5,422.00 $7,078.00 $1,656.00 05-01-01 L 300 28.580 35.390 $8,574.00 $10,617.00 $2,043.00 05-01-01 L 200 28.600 35.390 $5,720.00 $7,078.00 $1,358.00 10-08-02 L 200 32.095 35.390 $6,419.00 $7,078.00 $659.00 04-06-04 S 200 39.700 35.390 $7,995.00 $7,078.00 ($917.00) 1,100 $34,130.00 ................... $38, 929.00 ................................... $4,799.00 ......................... . ...................................... 07-27-04 ............... S ............................. 400 ............................ 47:860 ........................... 49:660 .................. $19.204:00 $19,864:00......... ............. $660:00 .. ...................... 05-05-03 .. ........... L .......... .............. 350 ........ ......... 43.980 .......... ...... 69.320 ......... ........... $15,448.00 ......... $24,262.00 $8,814.00 06-02-03 L 150 50.750 69.320 $7,636.07 $10,398.00 $2,761.93 06-02-03 L 200 50.770 69.320 $10,185.43 $13,864.00 $3,678.57 Y 0 Client Statement WACHOVIA SECURITIES COMMAND Account i~ ,. For The Period' Account Number: July 1 -July 31, 2004 VILLAGE OF TE4UESTA 01 K-963853-24 Page 7 of 16 ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Equities (continued) 700 $33,269.50 $48,524.00 $15,254.50 CISCO SYSTEMS INC 06-02-03 L 800 17.190 20.920 $13,752.00 $16,736.00 $2,984.00 06-06-03 L 200 17.725 20.920 $3,545.00 $4,184.00 $639.00 1,000 $17,297.00 $20,920.00 $3,623.00 COACH INC 11-05-03 S 600 36.300 42.790 $21,870.00 $25,674.00 $3,804.00 03-04-04 S 400 43.170 42.790 $17,328.00 $17,116.00 ($212.00) 1,000 . $39,198.00 .............................. .. $42,790.00 ................................ $3,592.00 ............................. ........................................................................ DELL INC ..................................... 08-22-02 ............ L ............................... 700 ............................ 28.400 ........................ .. 35.470 ... . $19,880.00 $24,829.00 $4,949.00 10-21-02 L 300 29.0633 35.470 $8,718.99 $10,641.00 $1,922.01 06-06-03 L 100 32.120 35.470 $3,212.00 $3,547.00 $335.00 1,100 ..................... $31,810.99 .................................... $39,017.00 ................................ $7,206.01 ............................ . ........................................................................ EBAY INC ..................................... 10-14-03 ............ S ............................... 300 ............................ 58.890 ....... 78.330 $17,722.00 $23,499.00 $5,777.00 04-06-04 S 200 74.090 78.330 $14,873.00 $15,666.00 $793.00 500 ...................................................................................... GENENTECH INC ...................... 07-28-03 ................ L ............................ 200 ........................ 40.575 04-06-04 S 200 55.190 400 ...................................................................................... GENERAL ELECTRIC CO ...................... 02-16-00 ................ L ............................ 300 ........................ 45.2917 08-27-02 L 100 31.980 10-08-02 L 300 23.190 01-21-04 S 500 33.220 1, 200 .................. ........................ ...................................................................................... HARMAN INTERNATIONAL INDUSTRIES INC NEW ...................... 04-06-04 . ................ ................ S ............... .......... 300 ............................. 82.100 ........................ ...................................................................................... INTERNATIONAL GAME TECHNOLOGY .... . 01-07-03 L 600 19.455 03-19-03 L 800 20.795 1, 400 . ... .... ........................ ...................................................................................... L 3 COMMUNICATIONS HOLDINGS INC ...................... 05-19-04 ............... S .................. .. . 300 61.050 06-07-04 S 300 65.580 600 ...................................................................................... LOWES COMPANIES INC ...................... 04-22-03 ............... L ............................. 300 ........................ 45.190 06-02-03 L 300 42.790 $32,595.00 . .. ... $39,165.00 .................................... $6,570.00 ......................... .............................. 48.680 .......................... .. .. $8,133.33 $9,736.00 $1,602.67 48.680 $11,093.00 $9,736.00 ($1,357.00) $19,226.33 ............... $19,472.00 .................................... $245.67 ......................... .............................. 33.250 ..................... $13,642.50 $9,975.00 ($3,667.50) 33.250 $3,253.00 $3,325.00 $72.00 33.250 $7,012.00 $9,975.00 $2,963.00 33.250 $16,685.00 $16,625.00 ($60.00) $40,592.50 $39,900.00 .. ............... ($692.50) .......................... ............................. 85.730 ..................................... $24,685.00 . ................. $25,719.00 . . $1,034.00 .......................... ............................. 32.340 ..................................... $11,714.25 .............................. .. . $19,404.00 $7,689.75 32.340 $16,691.00 $25,872.00 $9,181.00 $28,405.25 $45,276.00 . .. ........... $16,870.75 .......................... ............................. 61.150 ..................................... $18,370.00 ................... . . $18,345.00 ($25.00) 61.150 $19,729.00 $18,345.00 ($1,384.00) $38,099.00 . .......... $36,690.00 ................................... ($1,409.00) .......................... ............................. 48.720 ...................... .... $13,604.14 $14,616.00 $1,011.86 48.720 $12,892.00 $14,616.00 $1,724.00 Client Statement 'a WACHO'L~~ SECLTRITJ~S COMMAND Account For The Period: Account Number: July 1 -July 31, 2004 VILLAGE OF TEQUESTA 01 K-963853-24 Page 8 of 16 Unreawil'rZed Gal~tS {~.bSS~S~ ~e~l~ i (cc~ri`,n~ ' .. . . ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE LIS QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Equities (continued) 600 $26,496.14 $29,232.00 $2,735.86 MARVELL TECHNOLOGY GROUP LTD 10-22-03 S 800 21.370 23.220 $17,156.00 $18,576.00 $1,420.00 04-06-04 S 800 23.375 23.220 $18,760.00 $18,576.00 ($184.00) 1,600 $35,916.00 ............................. $37,152.00 ................................ $1,236.00 ............................ . ................................................................................... MEDTRONIC INC ........................... 12-18-97 ............. L ............................... 600 ....................... 26.000 ............................... 49.670 ....... $15,655.00 $29,802.00 $14,147.00 08-27-02 L 100 42.010 49.670 $4,256.00 $4,967.00 $711.00 10-22-03 S 200 45.850 49.670 $9,225.00 $9,934.00 $709.00 900 $29,136.00 .. $44,703.00 ................................ $15,567.00 ............................. .. ................... .............................................. MICROSOFT CORP WASHINGTON ........................... 04-21-99 ............. L ............................... 600 ...................... 40.6853 ................................ 28.490 .................................. $24,411.15 $17,094.00 ($7,317.15) 01-23-01 L 400 30.1063 28.490 $12,042.50 $11,396.00 ($646.50) 11-25-02 L 400 29.0925 28.490 $11,637.00 $11,396.00 ($241.00) 1, 400 $48, 090.65 $39, 886.00 ($8, 204.65) MOODYS CORP 05-22-02 L 300 49.290 68.100 $14,842.00 $20,430.00 $5,588.00 06-14-02 L 300 46.270 68.100 $13,936.00 $20,430.00 $6,494.00 06-06-03 L 100 52.550 68.100 $5, 310.00 $6, 810.00 $1, 500.00 700 $34,088.00 $47,670.00 ........... . $13,582.00 ............................ . ................................................................................... NEXTEL COMMUNICATIONS INC CLASS A ........................... 12-02-03 ............. S ............................... 800 ...................... 25.590 ................................ 22.810 .................................... $20,592.00 ................... . $18,248.00 ($2,344.00) 01-14-04 S 600 28.800 22.810 $17,370.00 $13,686.00 ($3,684.00) 1,400 $37,962.00 ........................ $31,934.00 ................................ ($6,028.00) ............................. ....... ....... ................................................................. PFIZER INC ........................... 04-04-00 ............. L ............................... 100 ...................... 39.500 ................................ 31.960 ............ $3,965.00 $3,196.00 ($769.00) 08-27-02 L 200 34.110 31.960 $6,877.00 $6,392.00 ($485.00) 10-08-02 L 200 28.930 31.960 $5,841.00 $6,392.00 $551.00 06-06-03 L 100 33.040 31.960 $3,359.00 $3,196.00 ($163.00) 12-18-03 S 500 34.340 31.960 $17,245.00 $15,980.00 ($1,265.00) 1,100 $37, 287.00 $35,156.00 ($2,131.00) PROCTER 8 GAMBLE CO 03-26-02 L 600 44.4948 52.150 $26,696.90 $31,290.00 $4,593.10 04-29-03 L 200 45.300 52.150 $9,115.00 $10,430.00 $1,315.00 800 $35,811.90 $41,720.00 $5,908.10 SMITH INTERNATIONAL INC DELAWARE 06-17-04 S 500 54.350 58.280 $27,250.00 $29,140.00 $1,890.00 STARBUCKS CORP 04-08-03 L 100 26.030 46.990 $2,603.00 $4,699.00 $2,096.00 04-OS-03 L 200 26.060 46.990 $5, 212.00 $9, 398.00 $4,186.00 04-22-03 L 100 25.195 46.990 $2,519.50 $4,699.00 $2,179.50 04-22-03 L 100 25.205 46.990 $2,520.50 $4,699.00 $2,178.50 06-06-03 L 300 24.6933 46.990 $7,407.99 $14,097.00 $6,689.01 Client Statement WACHOVIA SECURITIES ~w w uw w _ __~ ~ ~uivilvlHlvu F-ccoun>< n; - , _ For The Period: Acco unt Number: July 1 -July 31, 2004 VILLAGE OF TEQUESTA 01 K-963853-24 Page 9 of 16 s) Detail (L ss ali d G i Un coN o e ze a ns. re t Tlr~ueo~ ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Equities (continued) 800 $20,262.99 $37,592.00 . . ......... $17,329.01 ........................... . ....................................................................................... STRYKER CORP ....................... 11-05-02 ............... L ............................... 200 ..................... 32.250 .............................. 47.680 .................................. $6,477.50 ....................... . . $9,536.00 $3,058.50 12-24-02 L 400 33.350 47.680 $13,395.00 $19,072.00 $5,677.00 04-29-03 L 200 33.500 47.680 $6,755.00 $9,536.00 $2,781.00 800 $26,627.50 $38,144.00 . .............. $11,516.50 ............................ . ....................................................................................... SYMANTECCORP ....................... 11-05-02 ............... L ............................... 200 ..................... 20.8217 .............................. 46.760 .................................. $4,164.33 ................... . $9,352.00 $5,187.67 11-25-02 L 600 22.4417 46.760 $13,464.99 $28,056.00 $14,591.01 06-06-03 L 400 24.4375 46.760 $9,775.00 $18,704.00 $8,929.00 1,200 $27,404.32 $56,112.00 $28,707.68 TEVA PHARMACEUTICAL INDUSTRIES LTD 07-10-03 L 400 27.850 29.600 $11,176.66 $11,840.00 $663.34 SPONSORED AMERICAN DEPOSITARY RECEIPT 07-10-03 L 200 27.845 29.600 $5,587.33 $5,920.00 $332.67 OS-19-03 S 200 28.995 29.600 $5,817.33 $5,920.00 $102.67 08-19-03 S 200 29.025 29.600 $5,823.33 $5,920.00 $96.67 08-19-03 S 200 28.985 29.600 $5,815.33 $5,920.00 $104.67 10-22-03 S 200 28.345 29.600 $5,724.00 $5,920.00 $196.00 1,400 $39,943.98 $41,440.00 $1,496.02 VARIAN MEDICAL SYSTEMS INC 02-13-04 S 300 83.390 69.010 $25,072.00 $20,703.00 ($4,369.00) 03-09-04 S 100 86.880 69.010 $8,715.50 $6,901.00 ($1,814.50) 03-09-04 S 100 86.890 69.010 $8,716.50 $6,901.00 ($1,815.50) 500 $42,504.00 $34,505.00 ($7,999.00) WACHOVIA CORP 2ND NEW 02-04-03 L 400 35.210 44.310 $14,144.00 $17,724.00 $3,580.00 04-29-03 L 400 37.980 44.310 $15,252.00 $17,724.00 $2,472.00 09-23-03 S 200 41.840 44.310 $8,423.00 $8,862.00 $439.00 1,000 $37,819.00 $44,310.00 $6,491.00 Total 27,500 $1,015,710.88 $1,202,449.00 $186,738.12 Corporate Bonds AMERITECH CAPITAL FUNDING CORP NOTES 10-22-97 L 25,000 99.123 100.854 E $24,780.75 $25,213.50 $432.75 RO AO 6.300 10/15/2004 DTD 10/10/97 BOOK ENTRY ONLY . . ..................... ............................... ................................. .................................... ............................ . ...................................................................................... PENNSYLVANIA POWER AND LIGHT CO 1ST MTG ....................... 11-17-99 ............... L . ............................ 25,000 98.220 102.6375E $24,556.25 $25,659.38 $1,103.13 RO AO 6.500 04/01/2005 DTD 04!01!93 Pt1R1 IC SERVICE ELECTRIC 8 GAS CO 05-04-98 L 25,000 100.000 106.364 E $25,000.00 $26,591.00 $1,591.00 Client Statement ~ WACHOVIA SECURITIES COMMAND Account I For The Period: July 1 -July 31, 2004 Account Number: VILLAGE OF TEQUESTA 01 K-963853-24 Page 10 of 16 ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Corporate Bonds (continued) 1ST MTG BD RO JJ 6.250 01/01/2007 DTD 01/01/96 CALL GTR PAR OR MAKE WHOLE TSY + 10.OOBP BOOK ENTRY ONLY BANKERS TRUST NEW YORK SER A 10-22-97 L 25,000 99.567 109.730 E $24,891.75 $27,432.50 $2,540.75 MEDIUM TERM NOTES RO AO 6.700 10/01/2007 DTD 10/07/97 BOOK ENTRY ONLY CSX TRANSPORTATION INC 05-04-98 L 25,000 101.420 109.080 $25,355.75 $27,270.00 $1,914.25 EQUIPMENT TRUST CERTIFICATE SER 1993-A RO MS 6.480 03/15/2008 DTD 03/17/93 ... . ........................... . ................................................................................... FIRST UNION CORP SUBORDINATED NOTES ........................... 09-02-98 ........... L .............................. 25,000 ............................. 99.090 ................... 107.196 ......... E .................................. $24,773.25 ............................. . $26,799.00 . $2,025.75 RO AO 6.000 10/30/2008 DTD 10!22/93 .. ........... ............................ . ................................................................................... VERIZON NEW ENGLAND INC SR NOTES GBL ........................... 08-27-02 ........... L .............................. 25,000 ............................. 100.875 .................. 107.789 .......... E .................................. $25,218.75 .................... . $26,947.25 $1,728.50 RO MS 6.500 09/15/2011 DTD 08/21/01 CALL GTR PAR OR MAKE WHOLE TSY + 30.OOBP BOOK ENTRY ONLY CREDIT SUISSE FIRST BOSTON USA INC 07-30-02 L 25,000 101.120 108.5225E $25,282.00 $27,130.63 $1,848.63 NOTES RO JJ 6.500 01/15/2012 DTD 01/11/02 CALL GTR PAR OR MAKE WHOLE TSY + 30.OOBP BOOK ENTRY ONLY BANK OF AMERICA CORP NOTES 07-06-04 S 50,000 99.875 100.446 E $49,937.50 $50,223.00 $285.50 RO JD 5.375 06/15/2014 DTD 06/08/04 SUBJECT TO SPECIAL REDEMPTION BY ISSUER BOOK ENTRY ONLY Total 250,000 $249,796.00 $263,266.26 $13,470.26 Government Asset Backed Securities FEDERAL HOME LOAN BANK 10-22-97 L 25,000 98.6875 106.969 E $24,671.88 $26,742.25 $2,070.37 CP JD 6.240 12/11/2006 DTD 12/11/96 ................................................................................... FEDERAL HOME LN MTG CORP ........................... OS-07-03 ............ S ............................. 50,000 ............................. 101.550 ................... 100.000 ......... E .................................. $50,778.91 ................................... $50,000.00 ........................... . ($778.91) DEB CP MS 3.500 09/15/2007 DTD 09/16/02 ................................................................................... FEDERAL HOME LN BKS ........................... 04-23-02 ............ L ............................. 25,000 ............................. 99.190 ................... 104.781 ......... E .................................. $24,799.78 ................................... $26,195.25 ........................... . $1,395.47 CONS BD CP FA 5.250 02/13/2009 DTD 02/15/02 FEDERAL HOME LOAN BANK 09-OS-03 S 50,000 100.000 100.000 E $50,000.00 $50,000.00 $0.00 CP MS 4.100 03/30/2009 DTD 09/30/03 Client Statement COMMAND Account For The Period: July 1 -July 31, 2004 VILLAGE OF TEQUESTA WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 11 of 16 _ _ _ __ ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Government Asset Backed Securities (continued) CALL 09/30/2005 100.00 1ST CPN 03/30/04 FEDERAL HOME LOAN MORTGAGE MED TERM NOTE 04-11-03 L 50,000 100.000 99.634 E $50,000.00 $49,817.00 ($183.00) CP MN 4.250 05/05/2010 DTD 05/05/03 CALLABLE 05/05/2004 AT 100.00 . ......................... .................... ......... ................................... ................................ ............................ . ................................................................................ FEDERAL FARM CREDtT BANK .............................. OS-14-03 ........... S ................................. 50,000 100.000 100.906 E $50,000.00 $50,453.00 $453.00 CP FA 5.000 08/25/2010 DTD 08/25/03 CALL 08/25/2005 100.00 1ST CPN 02/25/04 FEDERAL HOME LOAN BANK 08-01-01 L 25,000 100.000 100.063 E $25,000.00 $25,015.75 $15.75 CP FA 6.300 08/09/2011 DTD 08/09/01 CALLABLE 08/09/2004 AT 100.00 FEDERAL HOME LOAN BANK 11-05-01 L 50,000 99.980 100.625 E $49,992.19 $50,312.50 $320.31 CP AO 5.550 10/18/2011 DTD 10/18/01 CALLABLE 10/18/2004 AT 100.00 FEDERAL HOME LOAN MTGE CORP 04-17-02 L 25,000 100.500 105.250 E $25,125.00 $26,312.50 $1,187.50 CP MS 6.250 03/05/2012 DTD 03!05102 CALLABLE 03/05/2007 AT 100.00 FEDERAL HOME LOAN BANK 09-09-03 S 50,000 100.090 100.281 E $50,046.88 $50,140.50 $93.62 CP MS 5.620 09/30/2013 DTD 09/30/03 CALL 09/30/2004 100.00 1ST CPN 03/30/04 FEDERAL HOME LN BKS 09-23-03 S 50,000 100.000 100.000 E $50,000.00 $50,000.00 $0.00 CONS BD CP AO 5.250 10/17/2013 DTD 10/17/03 CALL 10/17/2005 100.00 1ST CPN 04/17/04 FEDERAL HOME LOAN BANK 01-08-04 S 50,000 100.000 99.594 E $50,000.00 $49,797.00 ($203.00) CP JJ 5.200 01/23/2014 DTD 01/23/04 CALL 01/23/2006 100.00 1ST CPN 07/23/04 FEDERAL HOME LOAN BANK 03-31-04 S 50,000 100.000 98.313 E $50,000.00 $49,156.50 ($843.50) CP AO 5.000 04/15/2014 DTD 04/15/04 CALL 04/15/2005 100.00 1ST CPN 10!15/04 Total TOTAL UNREALIZED GAINS 550,000 $550,414.64 $553,942.25 $3,527.61 $1,815,921.52 $2,019,657.51 $203,735.99 Y 0 W m ,p O. m Y H G Z Client Statement WACHOti'IA SECLTRIT~S [`AMM~NI~ Or_r_n~~nt For The Period: Account Number: July 1 -July 31, 2004 VILLAGE OF TEQUESTA 01 K~63853-24 Page 12 of 16 Important Message about your R~alized'Gains (Losses} This section presents estimated realized gains or losses for your information only, and should not be used for tax purposes. To calculate gains or losses, the oldest position has been liquidated first unless you specified otherwise (a "versus purchase" order). We suggest you review it for accuracy and contact your Financial Advisor with any questions before making any investment decisions. Purchases of foreign securities reflect local (legacy) currency In the "Price or Adj Cost" column, while "Cost or Other Basis" and "Realized Gain (Loss)" are in US dollars. In instances where a gain (loss) has not been calculated, section and summary totals may not reflect a comprehensive view of your complete portfolio. Realized wins (Losses] Qetail ORIGINAL CLOSING PRICE OR CLOSING COST OR REALIZED TRADE DATE TRADE DATE QUANTITY ADJ COST PRICE OTHER BASIS PROCEEDS GAIN OR (LOSS) WAL MART STORES INC 02-09-99 07-15-04 100 41.6563 52.580 $4,174.79 $5,242.88 $1,068.09 10-09-01 07-15-04 200 51.980 52.580 $10,451.00 $10,485.75 $34.75 01-07-03 07-15-04 100 50.360 52.580 $5,091.00 $5,242.88 $151.88 09-23-03 07-15-04 100 57.470 52.580 $5,802.00 $5,242.87 ($559.13) .................................................................................................................................................................... STARBUCKS CORP 03-21-03 07-20-04 200 ................................................................................................................ 25.970 46.160 $5,194.00 $9,195.11 ............................ . $4,001.11 04-OS-03 07-20-04 100 26.010 46.160 $2,601.00 $4,597.56 $1,996.56 .................................................................................................................................................................... CALLED FEDERAL HOME LOAN BANK 08-03-01 07-23-04 25,000 ................................................................................................................ 100.180 100.000 $25,046.88 $25,000.00 ............................ . ($46.88) CP JJ 6.000 07/23/2008 DTD 07/23/01 FULLY CALLED 07/23/2004 AT 100.00 . . . . ........... . .................................................................................................................................................................... GENENTECH INC 07-28-03 07-27-04 400 ................................................................................................................ 40.575 48.650 $16,266.67 $19,399.54 .. ... .... . ... $3,132.87 TOTAL REALIZED GAINS (LOSSES) $9,779.25 DATE TRANSACTION QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED Securities Purchases 8~ Sales BK AM CRP NT RO JD 5.37 06/15/2014 07/07 Purchased 50,000 99.875 $50,153.99 ACCRUED INTEREST PAID: $216.49 .................................................................................... WAL MART STORES INC .......................... 07/20 ........................................... Sold ............................................. -500 .......................................... 52.58 ................................................................ . $26,214.38 UNSOLICITED STARBUCKS CORP 07/23 Sold -300 46.16 $13,792.67 UNSOLICITED .................................................................................... BJ SERVICES CO .......................... 07/30 ........................................... Purchased ............................................. 400 .......................................... 47.86 ................................................................ . $19,204.00 UNSOLICITED .................................................................................... GENENTECH INC .......................... 07/30 ........................................... Sold ............................................. -400 .......................................... 48.65 ................................................................. $19,399.54 0 Y 0 W ~ m m a ]C ~ o Z Client Statement COMMAND Account ~ For The Period: July 1 -July 31, 2004 VILLAGE OF TEQUESTA ,~' WACHOVIA SECURITIES Account Number' 01 K-963853-24 Page 13 of 16 DATE TRANSACTION QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED Securities Purchases ~ Sales (continued) UNSOLICITED Total Amount Debited for Securities Purchased $69,357.99 Total Amount Credited for Securities Sold $59,406.59 Net Amount for Securities Transactions $9,951.40 Redemptions and Exchanges CLD FED HM LN BK CP JJ 6.00 07123/2008 07/23 Full Call -25,000 100.0000 $25,000.00 Income and Distributions INT RECEIVED ON 25,000 BONDS OF 07/01 Received Interest $781.25 PURL SVCE EL&GS RO JJ 6.25 01/01/2007 .... ............... ........................................................................... ........................................... ..................................................................................... MARVELL TECH GP LTD ......................... 07/02 ...................................................... Received ... . 800 STOCK SPLIT . . .................... .................................................................................................. .......................................... . ..................................................................................... TEVA PHARM INDS SADR ......................... 07/07 ....................... ..... .... Received 700 STOCK SPLIT . .. .. .. ... . .. ......... . ......................................... . ..................................................................................... DIV ON 1,400 INTL GAME TECH ......................... 07/13 ...................................................... Dividend .. . ........................................... ...... ......... . .. ............ . . . Income ........................................................................... . ... ... . ........... $140.00 ......................................... . ..................................................................................... INT RECEIVED ON 25,000 BONDS OF ......................... 07/15 ............................................... .. .. Received . . . . . Interest $812.50 CREDIT SUISSE FB RO JJ 6.50 01/15/2012 . . ..................................................................................... INT RECEIVED ON 25,000 BONDS OF ......................... 07/23 ...................................................... Interest ................................................................................................... Income ........................................ $750.00 FED HM LN BK CP JJ 6.00 07/23/2008 ... . . . . ..................................................................................... INT RECEIVED ON 50,000 BONDS OF ......................... 07/23 ...................................................... Interest .................................................................................................. Income ... .. ...... ....................... . . $1,300.00 FED HM LN BK CP JJ 5.20 01/23/2014 ..................................................................................... DRD GVT USTRSY AX DIV REI 06/24 - 07!25 ......................... 07/26 ...................................................... Money Fund Dividend .................................................................................................. For Reinvestment . . . . . ... . ... . . .. .......................................... . $44.17 ............... . ..... ................. . ..................................................................................... DIV ON 1,200 GENERAL ELECTRIC CO ......................... 07/26 ...................................................... Dividend ............... ................................................ . . ..... ..... . . . . .. . Income . .. . . . . .... .................. ................................... . .. . .. . $240.00 .......................................... . ..................................................................................... DIV ON 600 LOWES COS INC ......................... 07/30 ...................................................... Dividend . . ......... ........ .. ... . ... . . . . . Income . . . ....... .. ............ ........................................................... $24.00 .......................................... . ..................................................................................... DIV ON 900 MEDTRONIC INC ......................... 07/30 .......................................... ......... . Dividend . .. ...... . ... . . Income $75.38 Funds Added 8~ Withdrawn FUNDS RECEIVED ......................................... FUNDS RECEIVED 07/08 Credit ....................... 07/19 Credit $6,512.10 .................................................. $11, 964.85 b 0 Y 0 We mu b 4 My z~ Client Statement COMMAND Account ~' For The Period: July 1 -July 31, 2004 VILLAGE OF TEQUESTA DATE WRITTEN DATE PAID CHECK# PAYEE C~ WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 14 of 16 EXPENSE CODE AMOUNT DEBITED AMOUNT CREDITED REFERENCE NUMBER 05!13/04 07/09/04 0188 EDWARD SABIN ........................................................................................................................... 05/26/04 07/07/04 0189 PETER B LUCIA 06!18/04 07/07/04 0195 " HANSON PERRY 8 JENSEN PA ........................................................................................................................... 06/25/04 07/07/04 019S BUSINESS SERV CONNECTION AS OF July 31, 4 CHECKS WERE PROCESSED, TOTALING: " Indicates a check appearing out of sequence. To update expense code categories, call COMMAND at 1-800-222-4321. $845.25 .................................................................................... $613.65 .................................................................................... $995.35 .................................................................................... $225.58 $2,679.83 20041910000767262 ............................................................................ 20041890000745073 ............................................................................ 20041890000641392 ............................................................................ 20041890000745146 ............................................................................ DATE TRANSACTION QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED DRYDEN GV US TRES AX 07/01 Sold - 135 1.00 COMMAND REDEMPTION AS OF 06/30/04 DRYDEN GV US TRES AX 07/02 Purchased 781 1.00 $781.00 COMMAND SUBSCRIPTION ................. .. ........................................................ ................................................................... . .................................................................................... DRYDEN GV US TRES AX .......................... 07/07 ..................... .. Sold - 50,154 1.00 COMMAND REDEMPTION ...................................... . .. ................................................................... . .................................................................................... DRYDEN GV US TRES AX .......................... 07/08 .......................................... Sold ......... .... .. - 1,835 1.00 COMMAND REDEMPTION AS OF 07/07/04 ..... . ......... ................................................................... . .................................................................................... DRYDEN GV US TRES AX .......................... 07!09 .......................................... Purchased ....................................... . . 6,512 1.00 $6,512.00 COMMAND SUBSCRIPTION ........................................ . .. ................................................................... . .................................................................................... DRYDEN GV US TRES AX .......................... 07/12 .......................................... Sold .......... .. . - 845 1.00 COMMAND REDEMPTION $135.00 ............... ............................. $50,154.00 ............................. $1, 835.00 ............................. ......................... $845.00 DRYDEN GV US TRES AX 07/14 Purchased 140 1.00 $140.00 COMMAND SUBSCRIPTION ............................................. .................................................................................... DRYDEN GV US TRES AX .......................... 07/16 ........................................... Purchased ..... 813 COMMAND SUBSCRIPTION . .. . .... .................................................. .................................................................................... DRYDEN GV US TRES AX .......................... 07/20 .............................. .. . .. Purchased 38,179 COMMAND SUBSCRIPTION . . ............... .................................................. .................................................................................... DRYDEN GV US TRES AX .......................... 07/23 . ........................ . Purchased 13,793 COMMAND SUBSCRIPTION DRD GVT USTRSY AX DIV REI 06/24 - 07/25 07/26 Purchased 44 .......................................... . . .................................................................................... DRYDEN GV US TRES AX .......................... 07/26 ........................................... Purchased ... . .. 27,050 COMMAND SUBSCRIPTION . ... .... . .................................................. .................................................................................... DRYDEN GV US TRES AX .......................... 07/27 .. .. ............................. . Purchased 240 COMMAND SUBSCRIPTION ..................................... 1.00 ............................................................ $813.00 ..................................... 1.00 ............................................................ $38,179.00 ..................................... 1.00 ............................................................ $13,793.00 ..................................... 1.00 ............................................................ $44.00 ................................. ... ..................................... 1.00 ....................... . $27,050.00 ..................................... 1.00 ............................................................ $240.00 W Y 0 Client Statement COMMAND Account For The Period: July 1 -July 31, 2004 VILLAGE OF TEQUESTA DATE TRANSACTION WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 15 of 16 QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED DRYDEN GV US TRES AX 07/30 Purchased 195 1.00 $195.00 COMMAND SUBSCRIPTION OUR CHIEF INVESTMENT STRATEGIST, ROD SMYTH, HAS JUST COMPLETED HIS MIDYEAR MARKET OUTLOOK REPORT, "BACKING THE FED." REQUEST A COMPLIMENTARY COPY FROM YOUR FINANCIAL ADVISOR TODAY. s 0 ]C 0 w m~ mm m X ro z Client Statement ~ WACHOVia SECL'RITIE Page 16 of 16 01 K-963853 Wachovia Securities, member NYSE 8 SIPC. One New York Plaza, New York, New York 10292 E-mail Security- The confidentiality of Internet e-mail cannot be guaranteed. Information you send us via email could be viewed by persons other than the intended recigent. Therefore, do not include your account numbers, credit card numbers, passwords or offer private information. We will not accept by a-mail buy a sell orders, address changes, funds transfer requests or any other instructions requiring your signature. Your statement may contain the following sections: Total Account Net Worth represents the net value of the account at the close of the statement period, except where otherwise indicated. Un riced securities are not reflected in this net value. 'Availade for Checkwriting, Visa~and Loans' reflects the approximate amount available as of the period ending date and should be reduced by any pending checks and Visa charges not et cleared. For other Margin Accounts, this is the approximate amount available for withdrawal and loans. A margin loan is a variable rate loan secured by your account. Gain (Loss) Summary reflects realized gains (losses) from purchases, sales or other dispositions of secunhes transactions for the period and year-to-date; and estimated unrealized gains (losses) on securities held as of the close of the statement period. Income 8~ Distributions reflects tl~e total of dividends, interest, partnership distributions and other income credited to your account during This statement penod as well as year-to-date. Return of Principal Information appears separately and is not included as part of your 'Total Income.' The schedule K-1 showing the taxpayer's share of the net income or loss will be provided directly from the partnership to the investor. Cash Activity Highlights displays Funds Added/Funds Withdrawn for the statement pperiod and YTD. Included are Federal Funds wires, Automated Clearing House (ACH) funds and journal entries between separate accounts. All Margin Accounts reflect margin interest charged to your account during this period and year- to-date. For some accounts, interest charges appear in a separate section. Asset Composition (COMMAND) reflects the percentage breakdown of priced 'long' positions displayed within Portfolio Detail. The pie chart does not display short or unpriced positions, nor cash credits (debits). Tax Information (Retirement Accounts) reflects the tax reportable contributions received for the current and prior IRS reportable years, as well as distributions for the cunent calendar year. Portfolio Detail reflects all securities holdings and other irnestrnents in your account. Unless otherwise specified, all securities are 'long.' Prices in the Portfolio Detail are obtained from various quotation services which we believe to be reliable, but we cannot guarantee their accuracy. Prices are based on the closing prices for 'exchange-listed' securities or are generally the 'bid price' for unlisted securities at montlrend. Unlisted preferred securities are priced via evaluation models and valuation risk factors. They do not necessarily represent the prices at which those securities could have been bought or sold. Certain inactively traded securities are not priced and are not included in the Priced Securities Value total. The markets for some fixed income, preferred and restricted securities may not be liquid, and prices maybe approwmahons or estimates. Prices may be based on: recent transactions or bids, if available; independent quotation services that use computerized valuation formulas to calculate prices based on institutional quantities; or estimates. Neither prices nor approximations represent quotations by the Firm, and prices for retail quantities of some fixed income securities, including but not limited to mortgage-backed securities, are likely to be different Than institutional paces. All fixed income secunhes may be callable. If the security is called, it may affect the yield you receive. Certain Unit Investment Trusts that are marginable are valued at the sponsor's repurchase price Those not marginable are generally valued at the public offering price. Yields on priced Unit Investment Trusts exclude accrued interest. Paces of managed futures funds have been estimated; actual values are provided to investors in a separate monthly financial update. Estimated Accrued Interest is the estimated amount that would be received upon a sale. In most cases, it is calculated from the date of the last coupon payment tar dated date) up through the closing date of tl~is statement. Estimated Annualized Income is based upon the dwidend or interest expected to be received annual)y. Current Yield is derived by dividingg Estimated Annualized Income by the Current Value of the security. Mutual fund distributions shown as Income and Yield are based upon historical distributions over the preceding 12 monk period and are designed to exclude capital gains or losses, gains and losses on currency transactions and may represent a return of capital. Past performance is not indicative of future results, and This information is not intended to project or predict future distributions. The information was obtained from outside services believed to be reliable, but no independent verification has been made. MMF dividends and yields shown are net of this fee, which will be added to your net dividends for tax reporting. For MMFs/bank deposit accounts, the Current Yield refers to a simple annualized yield (net of fees) for an identified seven calendar day period. Yield and share price will fluctuate from time to time and are not necessarily representative of future income dividends. Portfolio Detail for COMMANDBusinessEdge° Accounts displays securities grouped alphabetically within each asset category, with fixed income securities shown in matunty sequence (unless you have opted for an alphabetical display). Stock symbols are displayed for listed equities and certain other securities. For other accounts, positions are grouped (e.g:, stocks and bonds and shown alphabetically with the share quantity or pnnapal amount of bon s. Restricted positions may not be marginable or transferable, and generally cannot be sold until restrictive legend is lifted. The following notes may appear on your Statement: " Listed options are available for this secunty. E The price shown is an estimate derived from a pricing matrix a model. Actual price may be higher or lower, if sold prior to maturity. For infortmation, call your Financial Advisor. • This position is shown at face value (par). If available, curcent market price may be significantly different. M Indicates secunhes held in a margin account. b The price reflected and quantity owned have been provided by the fund's general partner. • The general value of these securities has been reduced to reflect any anticipated princpal payments that will be credited on the next payment date. Antiapated Pnnapal payments may be displayed as a separate line of detail for mortgage- backed securities that carry amortized value (AV) factors. R I' d d U I' d G- L R I d I a SIPC liquidation. In addition, Wachovia Securities maintains a'Net Equihl Excess of SIPC program, which provides coverage for the total amount of cash and fully paid- for securities. This coverage does not protect your account from losses that result from fluctuations in the market value of your inveshnents. Wachovia Securities is not a bank, and securities offered through us are not backed or guaranteed by any bank or insured by the FDIC unless otherwise expressly indicated. Funds placed in deposit accounts at FDIC-insured institutions are insured by the FDIC up to $100,000 (principal and accrued interest) when aggregated with other funds held in each insurable capacity at each depository institution. If yours is a margin account, this is a combined statement of your Margin Account and Special Memorandum Account maintained for you under Section 220.6 of Regulation T issued by the Board of Governors of the Federal Reserve System. The permanent record of the Special Memorandum Account as required by Regulation T is available for your inspection at your request. Any free credit balance, while Properly accounted for on our books or records, is not segregated from other cash balances held by this corporation (with the exception of regulated commodity accounts) and may be used in ~e normal conduct of business. Your free credit balance is payable to you upon written notification to us. Our interest period runs from the Third Friday of the last month to the third Thursday of the curent month. Interest is calculated daily based on the net daily debit balance which includes any credit and debit balances in your cash, escrow and marggin accounts during the interest period. The interest charge is determined by multiplying the net daily debit balance by the rate of interest and a fraction, the numerator of which is the number of days the debtt exists and the denominator of which is three hundred sixty (360). This statement will show the average net daily debit balance and the interest rate used to arrive at the amount of interest charged. Interest is charged in accordance with the interest computation schedule previously provided to you pursuant to Rule tOb-16 of the Securities Exchange Act of 1934. Interest is charged on the daily debit balance in your account, and such interest charges, if not paid, will be added to the debit balance in your account for the next period. An annual fee of $75 is debited to most Basic Securities Accounts. Accounts within a COMMAND Plus household, and households exceeding $1,000,000 in long market value or $10,000 in commissions over the previous 12 months, are not subjlect to this fee. Retirement and BusinessEdge accounts are exempt. Accounts of non-US offices ea rze an area rze arms ( osses) ea ize gains (osses) are may incur other fees. reflected on a trade date basis for transactions settling during the current period or the If account statements and other correspondence mailed to you are returned by the period in which the shares were received, if later. Estimated unrealized gains (losses) postal Service as undeliverable and we are unable to locate you through are displayed for most securities. The cost basis used in determining gams (losses) reasonable efforts, a safekeeping fee of $25 per quarter is charged. does not reflect wash sales and may not reflect certain capital adjustments. Most exchanges reflected on this statement are treated as non-taxable, unless or until Information regarding all charges in yyour account will be made available to you upon other information has been communicated to us. Cost basis of preferced securities request. A financial statement of Wachovia Securities will be mailed to you upon with original issue discount ('OID') is not adjusted for the accretion of OID. For most request. Further information with respect to commissions and other charges related to long positions transferced between beneficial owners, the transferor's cost basis will d,e execution of listed option transactions has been included in confirmations of such be retained. For shares acquired from a decedent, you should consult your tax transactions previously famished to you, and such information will be made available advisor to determine the appropriate valuations and holding period that applies. to you promptly upon request of your branch office. Although the wst basis shown mayy have been adjusted, your cost basis may require addifional adjustments. We do not reppresent the calculations of This statement is an official record of your account. All account statements sent to realized and unrealized gains (losses) as an otTii~al tax accounting of such you shall be considered binding upon you if not objected to in writing within ten days. figures. For tax purposes, you should rely on your own records and the f you have any questions concerning their accuracy, please contact your Financial Consolidated Statement (Form 1099). For details, please refer to the Advisor or local branch manager immediately. All checks are to be made payable to COMMAND Account Program Description. Wachovia Securities. Account Activity reflects all settled transactions in your account in Please advise your Financial Advisor of any change(s) to your Irnestor Profile (e.g., chronological sequence during the statement period. In COMMANDBusinessEdge objectives or financial condition, name or address change). We will confirm certain Accounts, actvity is displayed by the activity category (unless you have opted for a profile changes and mail you an annual verification of your complete profile. For chronological display). In ~e Diwdend Reirnestrnent section, fractional shares m comments or questions regarding service-related issues, please contact your local Closed End Funds and Equity Securities are book entry only and cannot be branch or Client Relations at the address above or toll-free at 1-888-7741774 (or 1- transferred or delivered. 212-778-2795 collect from overseas). po'~u ~I N Wachovia Securities is a member of Securities Investor Protection Corporation (SIPC). SIPC protects most securities in the majority of, but not all accounts (for instance, Broker/Dealer and accounts held by Banks for Their own benefit are act Y covered), up to $500,000 (including up to $100,000 for cash), in the unlikely event of W ~ m~ mW mY =o Client Statement COMMAND Account Far The Period: August 1 -August 31, 2004 Priced Securities Value $2,019,657.51 $2,029,743.89 Money Mkt FundslBank Dep. Bal. $156,382.00 $169,019.00 Cash Balance $100.14 $.40 Total Net Worth $2,176,139.65 $2,198,763.29 Available For Checkwriting And Visa $169,019.40 This Period Realized Gain (Loss) ($1,442.45) ................................................................................................................................................... Year To Date Realized Gain (Loss) $51,259.20 ................................................................................................................................................... Unrealized Gain (Loss) As Of August 31 $212,721.70 Money Fund Dividends Dividends Interest $31.93 $245.50 $322.42 $4,319.94 $2,693.75 $25,566.25 Total Income $3,048.10 $30,131.69 Opening Cash, MM Fnd/Bank Dep. Bal. $156,482.14 Income & Distributions In Cash $3,048.10 $30,102.87 Funds Added $18,462.53 $116,191.83 Net Securities Bought/Sold Net Redemptions/Exchanges ($27,543.12) $25,000.00 ($158,150.12) $100,000.00 Funds Withdrawn $.00 ($40.00) Checking & Billpay ($6,430.25) ($47,122.42) Closing Cash, MM Fnd/Bank Dep. Bal. $169,019.40 ® WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 1 of 15 Your Financial Advisor: FRED P KENNEY Phone: 561-691-5113 FIRST V.P. INVESTMENTS 3399 PGA BOULEVARD SUITE 400 PALM BCH GARDENS FL 33410 E-mail Address: fred.kenney@wachoviasec.com Your Investment Advisor: NORTHSTAR CAPITAL MANAGEMENT ........................................................................................................................................................... VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND 250 TEQUESTA DR STE 304 TEQUESTA FL 33469-2766 ~n~~in~lnl~~~~l~u~~~nn~~l~n~~~~~n~llnln~~~~ln~nl~~ Trading authorization has been given to: NORTHSTAR CAPITAL MANAGEMENT Copies of this statement are being sent to NORTHSTAR CAPITAL MANAGEMENT NORTHSTAR CAPITAL MANAGEMENT Additional copies are being sent. Please call your Financial Advisor for details. Mtn Fund/Bank Dep-7.7X Corporate Bonds-12.1X Gov Asset Backed-16.1X Equities-53.5X x M Y Client Statement COMMAND Account c`~ For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA CURRENT SYMBOL QUANTITY PRICE ® WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 2 of 15 ESTIMATED ESTIMATED CURRENT ACCRUED ANNUALIZED VALUE INTEREST INCOME CURRENT YIELD COMMENTS Equities-53.5% of Portfolio ALCON INC ACL 300 74.840 $22,452.00 $168 .75% AMBAC FINANCIAL GROUP INC ABK 600 75.500 $45,300.00 $300 .66% AMERICAN EXPRESS CO AXP 1,000 50.020 $50,020.00 $400 .80% AMGEN INC .................................................................................. AMGN ....................... 700 59.290 $41,503.00 APOLLO GROUP INC CLASS A .................................................................................. ...... APOL ............ . . ....................... 300 ............................... 78.000 *" ................................................................................................................................................ $23,400.00 BED BATH AND BEYOND INCORP . . ............. ....................... ................................ ................................................................................................................................................ I ORATED BBBY 1,100 37.420 "' $41,162.00 ........................................................... . . .................... BJ SERVICES CO ............................. BJS ....................... 400 ........................;ti ........ 48.050 ............................................................................................................................................. $19,220.00 $12g ,67°~ CAPITAL ONE FINANCIAL CORP COF 700 67.760 $47,432.00 $75 .16% CISCO SYSTEMS INC .................................................................................. CSCO ........ 1,000 18.760 $18,760.00 COACH INC ..................... COH ....................... 1,000 ........................ww ........ 42.150 ............................................................................................................................................. $42,150.00 DELL INC DELL 1,100 34.840 $38,324.00 EBAY INC .................................................................................. EBAY ..... 500 86.540 $43,270.00 FEDEX CORP ........................ FDX ........................ 300 .................................. 81.990 ............................................................................................................................................. $24,597.00 $84 .34% GENENTECH INC .................................................................................. DNA .......... 400 48.780 $19,512.00 GENERAL ELECTRIC CO .................. GE ....................... 1,200 ................................... 32.790 .............................................. $39,348.00 .............................. $960 ................................................................. 2.44% HARMAN INTERNATIONAL INDUSTRIES INC NEW ................................................................................... HAR ....................... 300 96.690 $29,007.00 $15 .05% INTERNATIONAL GAME TECHNOLOGY ..... IGT ....................... 1,400 .................................... 28.850 .............................................. $40,390.00 .............................. $560 ................................................................. 1.39°h L 3 COMMUNICATIONS HOLDINGS INC ................................................................................... LLL .......... . 600 62.640 $37,584.00 $240 .64°k LOWES COMPANIES INC .. ............... LOW ....................... 600 ........................i* ........ 49.700 .............................................. $29,820.00 .............................. $96 ................................................................. .32°k MARVELL TECHNOLOGY GROUP LTD MRVL 1,600 23.120 $36,992.00 MEDTRONIC INC .................................................................................... MDT ........................... 900 ... . 49.750 $44,775.00 $302 .67% MICROSOFT CORP WASHINGTON .................................................................................... MSFT ........................ . . ................... 1,400 . .......................i* ......... 27.300 ............................................. $38,220.00 .............................. $448 ................................................................. 1.17% MOODYS CORP . . MCO ....................... ................................... "' ............................................. .............................. ................................................................. 700 68.560 $47,992.00 $210 .44% ......................................................................................... ...................... ..... NEXTEL COMMUNICATIONS INC CLASS. A ..................... ....... NXTL .................. ~,400 ................................... 23.190 ~~ ............................................................................................................................................. $32,466 00 PFIZER INC ......................................................................................... ...... PFE .................... ..... ......... 1,100 ......... ... ......... 32.670 ** : ......... ................................................................................................................... $35,937.00 $748 2.08% PROCTER 8 GAMBLE CO .. PG ....................... 800 ................................... 55.970 ............................................................................................................................................. $44,776.00 $800 1.79°h SMITH INTERNATIONAL INC DELAWARE SII 500 56.980 $28,490.00 STARBUCKS CORP ......................................................................................... SBUX ...................... 800 ....................... 43.240 ................................... $34,592.00 ................... . ............................................... .......................................................................... ER CORP SYK 800 45.300 $36,240.00 $56 .15% ....... ....................................................................... .........................................................i~...................................................................................................................................................... SYMANTEC CORP SYMC 1,200 47.960 $57 552.00 Client Statement ® WACHOVIA SECURITIES COMMAND Account ~ ,. For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA Account Number: 01 K-963853-24 Page 3 of 15 ESTIMATED ESTIMATED CURRENT CURRENT ACCRUED ANNUALIZED CURRENT SYMBOL QUANTITY PRICE VALUE INTEREST INCOME YIELD COMMENTS Equities-53.5% of Portfolio (continued) ............................................... ................................. TEVA PHARMACEUTICAL INDUSTRIES LTD ............................................. TEVA 1,400 ................................ 27.250 " ..................................... $38,150.00 ...................... .................... $206 .............. .54% ................................................... SPONSORED AMERICAN DEPOSITARY RECEIPT WACHOVIA CORP 2ND NEW WB 1,000 46.910 $46,910.00 $1,600 3.41 Total $1,176,343.00 $7,396 Corporate Bonds-12.1% of Portfolio AMERITECH CAPITAL FUNDING CORP NOTES 25,000 100.500 E $25,125.00 $595 $1,575 6.27% Rating: Al/A+ RO AO 6.300 10/15/2004 DTD 10/10/97 BOOK ENTRY ONLY PENNSYLVANIA POWER AND LIGHT CO 1ST MTG 25,000 102.3825E $25,595.63 $677 $1,625 6.35% Rating: BAA1lA- RO AO 6.500 04/01/2005 DTD 04/01/93 ... .. ...................................... ..................... ..................... .............. .................................................. . ......................................................................................... PUBLIC SERVICE ELECTRIC & GAS CO ............................................. 25,000 . ......................... 107.000 E $26,750.00 $260 $1,563 5.84% Rating: A3/A- 1ST MTG BD RO JJ 6.250 01/01/2007 DTD 01/01/96 CALL GTR PAR OR MAKE WHOLE TSY + 10.OOBP BOOK ENTRY ONLY BANKERS TRUST NEW YORK SERA 25,000 110.826 E $27,706.50 $698 $1,675 6.05% Rating: A2/A MEDIUM TERM NOTES RO AO 6.700 10/01 /2007 DTD 10/07/97 BOOK ENTRY ONLY ......................... . ...................................... ..................... ..................... .............. .................................................. . ......................................................................................... CSX TRANSPORTATION INC ............................................. 25,000 .... . 110.2675 $27,566.88 $747 $1,620 5.88% Rating: A1lA EQUIPMENT TRUST CERTIFICATE SER 1993-A RO MS 6.480 03/15/2008 DTD 03/17/93 ................ .. ...................................... ..................... ..................... .............. .................................................. . ......................................................................................... FIRST UNION CORP SUBORDINATED NOTES ............................................. 25,000 ............ . 108.611 E $27,152.75 $504 $1,500 5.52% Rating: Al/A- RO AO 6.000 10/30/2008 DTD 10/22/93 ............ ...................................... ..................... ..................... .............. .................................................. . ......................................................................................... VERIZON NEW ENGLAND INC SR NOTES GBL ............................................. 25,000 ................... 109.8825E $27,470.63 $749 $1,625 5.92% Rating: AA3/A+ RO MS 6.500 09/15/2011 DTD 08/21/01 CALL GTR PAR OR MAKE WHOLE TSY + 30.OOBP BOOK ENTRY ONLY CREDIT SUISSE FIRST BOSTON USA INC 25,000 111.083 E $27,770.75 $208 $1,625 5.85% Rating: AA3/A+ NOTES RO JJ 6.500 01/15/2012 DTD 01/11/02 CALL GTR PAR OR MAKE WHOLE TSY + 30.OOBP BOOK ENTRY ONLY .. ................................ ..................................... ...................... ..................... .............. .................................................. . ......................................................................................... BANK OF AMERICA CORP NOTES .......................................... 50,000 103.6675E $51,833.75 $620 $2,688 5.19% Rating: AA2/A+ RO JD 5.375 06/15/2014 DTD 06/08/04 Client Statement COMMAND Account ~ For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA ® WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 4 of 15 ESTIMATED ESTIMATED CURRENT CURRENT ACCRUED ANNUALIZED CURRENT SYMBOL QUANTITY PRICE VALUE INTEREST INCOME YIELD COMMENTS Corporate Bonds-12.1% of Portfolio (continued) SUBJECT TO SPECIAL REDEMPTION BY ISSUER BOOK ENTRY ONLY Total 250,000 $266,971.89 $5,058 $15,496 Government Asset Backed Securities-26.7% of Portfolio FEDERAL HOME LOAN BANK 25,000 107.563 E $26,890.75 $347 $1 560 5.80% CP JD 6.240 12/11/2006 DTD 12/11/96 , FEDERAL HOME LN MTG CORP 50,000 101.281 E $50,640.50 $807 $1 750 3.46% DEB , CP MS 3.500 09/15!2007 DTD 09/16/02 FEDERAL HOME LN BKS 25,000 106.750 E $26,687.50 $58 $1 313 4.92% CONS BD , CP FA 5.250 02/13/2009 DTD 02/15!02 ... .. ... . . .......................................................................................... FEDERAL HOME LOAN BANK ................................ 50,000 ....................... 101.344 ............. E ................................ $50,672.00 ....................... $860 ..................... $2 050 ................................................................. 4 05% CP MS 4.100 03/30/2009 DTD 09/30/03 , . CALL 09/30/2005 100.00 1ST CPN 03/30/04 FEDERAL HOME LOAN MORTGAGE MED TERM NOTE 50,000 101.7175E $50,858.75 $685 $2 125 4 18% CP MN 4.250 05/05/2010 DTD 05/05/03 , . CALLABLE 05/05/2004 AT 100.00 ......... ........................................................................................... FEDERAL FARM CREDIT BANK ................................. 50,000 ...................... 101.906 ............. E ................................ $50,953.00 ........................ $42 .................... $2 500 ................................................................. 4.91% CP FA 5.000 08/25/2010 DTD 08/25/03 , CALL 08/25/2005 100.00 1ST CPN 02/25/04 ............................... . . ................................................................... FEDERAL HOME LOAN BANK ................................. 50,000 ...................... 100.375 ............. E ................................ $50,187.50 ........................ $1,025 .................... $2 775 ................................................................. 5 53% CP AO 5.550 10/18!2011 DTD 10/18/01 , . CALLABLE 10/18/2004 AT 100.00 ............... . .. .................................................................................. FEDERAL HOME LOAN MTGE CORP ............................... 25,000 ...................... 105.906 ............. E ................................ $26,476.50 ........................ $764 .................... $1 563 ................................................................. 5 90% CP MS 6.250 03/05!2012 DTD 03/05/02 , . CALLABLE 03/05/2007 AT 100.00 ........... .. . ...................................................................................... FEDERAL HOME LOAN BANK ................................. 50,000 ...................... 100.250 ............. E ................................ $50,125.00 ........................ $1 179 ..................... $2 810 ................................................................ 5 61% CP MS 5.620 09/30/2013 DTD 09/30/03 , , . CALL 09/30/2004 100.00 1ST CPN 03!30/04 FEDERAL HOME LN BKS 50,000 101.750 E $50,875.00 $977 $2 625 5 16% CONS BD , . CP AO 5.250 10/17/2013 DTD 10/17103 CALL 10/17/2005 100.00 1ST CPN 04/17/04 ..................... ............................................................................... FEDERAL HOME LOAN BANK ................................. 50,000 ...................... 101.625 ............. E ................................ $50,812.50 ........................ $274 ..................... $2 600 ................................................................ 5 12% CP JJ 5.200 01/2312014 DTO 01/23/04 , . COMMAND Account For The Period: August 1 -August 31, 2004 Client Statement VILLAGE OF TEQUESTA (continue ) ....................................................... 50,000 100.281 E ESTIMATED ESTIMATED CURRENT CURRENT ACCRUED ANNUALIZED CURRENT SYMBOL QUANTITY PRICE VALUE INTEREST INCOME YIELD COMMENTS Government Asset Backed Securities-~6.7% of Portfolio d CALL 01/23/2006 100.00 1ST CPN 07/23/04 FEDERAL HOME LOAN BANK CP AO 5.000 04/15/2014 DTD 04/15/04 CALL 04/15/2005 100.00 1ST CPN 10/15/04 ............................................................................................................ FEDERAL HOME LOAN BANK CP FA 5.550 08/18/2014 DTD 08/18/04 CALL 08/18/2005 100.00 1ST CPN 02/18/05 Total ............................................................................................................ TOTAL PRICED SECURITIES VALUE ................................................. 50, 000 102.219 E ® WACHOVIA SECiTItITIES Account Number: 01 K-963853-24 Page 5 of 15 ........................ $50,140.50 ....................... $944 .................... $2,500 ............................. 4.99% ........................ $51,109.50 ....................... $100 .................... $2,775 ............................. 5.43% $586,429.00 $8,062 $28,946 $2,029,743.89 $13,120 $51,838 Money Mkt Funds/Bank Dep. Accts.-7.7% of Portfolio DRYDEN GOVERNMENT SECURITIES TRUST 169,019 1.000 $169,019.00 $1,116 .66% 7-Day Yield US TREASURY MONEY MARKET SER CLASS AX TOTAL MONEY MKT FUNDS/BANK DEP. ACCTS. $169,019.00 $1,116 This section presents estimated gains or losses for your information only, and should not be used for tax purposes. We suggest you review it for accuracy and contact your Financial Advisor with any questions before making any investment decisions. In instances where a gain (loss) has not been calculated, summary totals may not reflect a coinprehensive view of your complete portfolio. A detailed breakdown of Realized Gains (Losses) will be shown on your Consolidated Statement. Differences In gains (losses) may appear based on capital adjustments subsequent to settlement date. In the summary"below, "Short-Term" Indicates shares held 1 year or less; "Long-Term" Indicates shares held more than 1 year. Gains (losses) on Broad Based Index Options (shown as Category I") have been allocated as 6096 long-term and 40% short-term, regardless of the length of time held (in accordance with Section 1256 of the IRS Code). ' N/A" -Indicates in this Summary section that, either there were no capital gains or losses in this category, or sufficient information was not available to make an appropriate calculation. Unrealized Gains (Losses) Realized Gains (Losses) This Period Year-to-Date Short-Term $18,891.87 Short-Term ($10,524.76) ($6,772.85) Long-Term $193,829.83 Long-Term $9,082.31 $58,032.05 s Client Statement WACHOVIA SECURITIES ~ ~uivinnAivu wccount ~ , .„,. , For The Period: Account Number: August 1 -August 31, 2004 VILLAGE OF TEQUESTA 01 K-963853-24 Page 6 of 15 This section presents estimated unrealized gains or losses for your information only, and should not be used for tax purposes. We suggest you review it for accuracy and contact your Financial Advisor with any questions before making any investment decisions. Purchases of foreign securities reflect local (legacy) currency in the "Price or Adj Cost" column, whsle "Cost or Other Basis" and "Unrealized Gain (Loss)" are in US dollars. In instances where a gain (loss) has not been calculated, section and summary totals may not reflect a comprehensive view of your complete portfolio. In the detail below, "S" Indicates shares held 1 year or less (Short-Term); "L" Indicates shares held more than 1 year (Long-Term); and "O" Indicates shares for which we may not have complete information, or that cannot be properly categorized. Equities ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) ALCON INC ................................................................................ 06-07-04 ............................ S ............... 300 .. ......... .. 76.890 74.840 $23,122.00 $22,452.00 ($670.00) AMBAC FINANCIAL GROUP INC 06-18-03 L . ... ............ 250 ........................... 69.130 ............................ 75.500 ..................................... $17,337.50 ................................... $18,875.00 ......................... . $1,537.50 10-14-03 S 250 71.740 75.500 $17,990.00 $18,875.00 $885.00 10-22-03 S 100 70.840 75.500 $7,139.00 $7,550.00 $411.00 ................................................................................ ............................ ............... 600 ............................. .................... .... $42,466.50 $45,300.00 $2,833.50 AMERICAN EXPRESS CO 02-04-03 L 400 . .. 34.950 ............................ 50.020 ..................................... $14,040.00 ................................... $20,008.00 ......................... . $5,968.00 04-22-03 L 400 36.520 50.020 $14,668.00 $20,008.00 $5,340.00 06-02-03 L 200 42.810 50.020 $8,617.00 $10,004.00 $1,387.00 ................................................................................ ............................ ............... 1,000 ................... .. . $37,325.00 $50,020.00 $12,695.00 AMGEN INC 07-31-02 L .. ..... 200 ........................... 45.740 ............................ 59.290 ..................................... $9,148.00 ................................... $11,858.00 ......................... . $2,710.00 07-31-02 L 300 45.750 59.290 $13,725.00 $17,787.00 $4,062.00 08-27-02 L 200 46.130 59.290 $9,281.00 $11,858.00 $2,577.00 ................................................................................ ........................ . ... ............... ..............700........ . .. . . $32,154:00 $41.503:00 $9,349:00 APOLLO GROUP INC CLASS A ............................... ............ 12-11-01... ..~........... . ..............300.......... .. ..... ................ .........31;780 ............................. 78:000 .......... ......... $9,589:00 ......... ......... $23,400:00 ........... $13,811:00 BED BATH AND BEYOND INCORPORATED 03-14-01 L 200 ....... 27.110 ....... ........... 37.420 ............ ......... $5,422.00 ......... ......... $7,484.00 ......... $2,062.00 OS-D1-01 L 300 28.580 37.420 $8,574.00 $11,226.00 $2,652.00 05-01-01 L 200 28.600 37.420 $5,720.00 $7,484.00 $1,764.00 10-08-02 L 200 32.095 37.420 $6,419.00 $7,484.00 $1,065.00 04-06-04 S 200 39.700 37.420 $7,995.00 $7,484.00 ($511.00) ..................................................................................... BJ SERVICES CO ..................................................................................... CAPITAL ONE FINANCIAL CORP ................ ... . . 1,100 07-27-04 .. . ........ S ................... 400 05-05-03 L 350 06-02-03 L 150 06-02-03 L 200 .................................. ............................ $34,130.00 ...................... .. $41,162.00 $7,032.00 47.860 .................................. 48.050 ............................ . ............ $19,204.00 .......... ... . .................................... $19,220.00 ......................... $16.00 43.980 67.760 . . ..................... $15,448.00 .................................... $23,716.00 ......................... $8,268.00 50.750 67.760 $7,636.07 $10,164.00 $2,527.93 50.770 67.760 $10 185.43 $13 552 00 $3 366 57 700 ................................................ $33,269.50 $47,432.00 $14,162.50 ........................................................................................................................................ o -Based on information provided by you or your Financial Advisor. Client Statement ® WACHOVIASE(~iTIES COMMAND Account ~ _ ~- For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA Account Number: 01 K-963853-24 Page 7 of 15 Equities CISCO SYSTEMS INC ...................... COACH INC ........................... DELL INC ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE L/S QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) (continued) 06-02-03 L 800 17.190 18.760 $13, 752.00 $15,008.00 $1, 256.00 06-06-03 L 200 17.725 18.760 $3,545.00 $3,752.00 $207.00 1,000 . . $17,297.00 ............................... . . $18,760.00 ................................ $1,463.00 ............................. .......................................................................... 11-05-03 .............. S ............................ 600 ............................ 36.300 ......................... . 42.150 .. . $21,870.00 $25,290.00 $3,420.00 03-04-04 S 400 43.170 42.150 $17,328.00 $16,860.00 ($468.00) 1,000 $39,198.00 ........... . . . $42,150.00 ................................ $2,952.00 ............................. .......................................................................... 08-22-02 .............. L ............................ 700 ............................ 28.400 ............................ 34.840 ................... . . . $19,880.00 $24,388.00 $4,508.00 10-21-02 L 300 29.0633 34.840 $8,718.99 $10,452.00 $1,733.01 06-06-03 L 100 32.120 34.840 $3,212.00 $3,484.00 $272.00 1,100 $31, 810.99 $38, 324.00 $6, 513.01 EBAY INC 10-14-03 S 300 58.890 86.540 $17,722.00 $25,962.00 $8,240.00 04-06-04 S 200 74.090 86.540 $14,873.00 $17,308.00 $2,435.00 500 $32,595.00 $43,270.00 $10,675.00 FEDEX CORP 08-24-04 S 300 .81:640........ ......81:990.......... ...........$24,547:00......... .........$24,597:00......... ............... $50:00 GENENTECH INC .. 07-28-03 ......... .. L ......... ................ 200 ........ 40.575 48.780 $8,133.33 $9,756.00 $1,622.67 04-06-04 S 200 55.190 48.780 $11,093.00 $9,756.00 ($1,337.00) 400 $19,226.33 $19,512.00 $285.67 GENERAL ELECTRIC CO 02-16-00 L 300 45.2917 32.790 $13,642.50 $9,837.00 ($3,805.50) 08-27-02 L 100 31.980 32.790 $3,253.00 $3,279.00 $26.00 10-08-02 L 300 23.190 32.790 $7,012.00 $9,837.00 $2,825.00 01-21-04 S 500 33.220 32.790 $16,685.00 $16,395.00 ($290.00) 1, 200 $40, 592.50 $39, 348.00 ($1, 244.50) HARMAN INTERNATIONAL INDUSTRIES INC NEW 04-06-04 S 300 82.100 96.690 $24,685.00 $29,007.00 $4,322.00 INTERNATIONAL GAME TECHNOLOGY 01-07-03 L 600 19.455 28.850 $11,714.25 $17,310.00 $5,595.75 03-19-03 L 800 20.795 28.850 $16,691.00 $23,080.00 $6,389.00 1,400 . ........ $28,405.25 ..................................... $40,390.00 ................................... $11,984.75 ......................... . .................................................................................... L 3 COMMUNICATIONS HOLDINGS INC ........................ 05-19-04 ............ S ................................ 300 ............................ 61.050 ................. . 62.640 $18,370.00 $18,792.00 $422.00 06-07-04 S 300 65.580 62.640 $19,729.00 $18,792.00 ($937.00) 600 $38,099.00 $37,584.00 ................ ($515.00) ......................... . .................................................................................... LOWES COMPANIES INC ........................ 04-22-03 ............ L ................................ 300 ........................... 45.190 ............................ 49.700 ..................................... $13,604.14 ................... $14,910.00 $1,305.86 o -Based on information provided by you or your Financial Advisor. Ig Y 0 Client Statement WACHOVIA SECURITIES ~ Bunn nnAiv u Account ~ , , , , „ . , , . , For The Period: Account Number: August 1 -August 31, 2004 VILLAGE OF TEQUESTA 01 K~63853-24 Page 8 of 15 Unrealized Gairts {Losses) Detail co ' Nrlra~~a ' . ; ,. ,~...~ ,_ ..... 1 ) . .~ . _.. ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US pUANTITY ADJ COST Pl~ICE OTHER BASIS VALUE GAIN OR (LOSS) Equities (continued) 06-02-03 L 300 42.790 49.700 $12,892.00 $14,910.00 $2,018.00 600 $26,496.14 $29,820.00 $3,323.86 MARVELL TECHNOLOGY GROUP LTD 10-22-03 S 800 21.370 23.120 $17,156.00 $18,496.00 $1,340.00 04-06-04 S 800 23.375 23.120 $18,760.00 $18,496.00 ($264.00) ................................................................................ ........................... ....... .. . 1,600 . $35,916.00 $36,992.00 $1,076.00 MEDTRONIC INC 12-18-97 . . L ... ................................. 600 ..................... 26.000 ..................... 49.750 .............................................. $15,655.00 ................................. $29,850.00 ............................ $14,195.00 08-27-02 L 100 42.010 49.750 $4,256.00 $4,975.00 $719.00 10-22-03 S 200 45.850 49.750 $9,225.00 $9,950.00 $725.00 ................................................................................ ........................... ............ 900 ........... ... .. .. $29,136.00 $44,775.00 $15,639.00 MICROSOFT CORP WASHINGTON 04-21-99 L .. . . ............... 600 ..................... 40.6853 ...................... 27.300 ............................................. $24,411.15 ................................. $16,380.00 ............................ ($8,031.15) 01-23-01 L 400 30.1063 27.300 $12,042.50 $10,920.00 ($1,122.50) 11-25-02 L 400 29.0925 27.300 $11,637.00 $10,920.00 ($717.00) 1, 400 $48, 090.65 $38, 220.00 ($9, 870.65) MOODYS CORP 05-22-02 L 300 49.290 68.560 $14,842.00 $20,568.00 $5,726.00 06-14-02 L 300 46.270 68.560 $13,936.00 $20,568.00 $6,632.00 06-06-03 L 100 52.550 68.560 $5,310.00 $6,856.00 $1,546.00 ..... ....................................................................... ........................... ............ ..................7 00.............. .............. .. $ 34, 088:00 $47 , 992.00 $13,904:00 NEXTEL COMMUNICATIONS INC CLASS A 12-02-03 S 800 . .... 25.590 ...................... 23.190 ................... ......... $20,592.00 ......... ....... $18,552.00 ........... ($2,040.00) 01-14-04 S 600 28.800 23.190 $17,370.00 $13,914.00 ($3,456.00) ................................................................................ ........................... ............ ...............1, 400 .............. ...... ........ $37, 962:00 $32, 466.00 .$5, 496:00) PFIZER INC 04-04-00 L 100 . ..... 39.500 ...................... 32.670 ................... ......... $3,965.00 ......... ....... $3,267.00 ........... ($698.00) 08-27-02 L 200 34.110 32.670 $6,877.00 $6,534.00 ($343.00) 10-08-02 L 200 28.930 32.670 $5,841.00 $6,534.00 $693.00 06-06-03 L 100 33.040 32.670 $3,359.00 $3,267.00 ($92.00) 12-18-03 S 500 34.340 32.670 $17,245.00 $16,335.00 ($910.00) 1,100 $37,287.00 $35,937.00 ($1,350.00) PROCTER 8 GAMBLE CO 03-26-02 L 600 44.4948 55.970 $26,696.90 $33,582.00 $6,885.10 04-29-03 L 200 45.300 55.970 $9,115.00 $11,194.00 $2,079.00 ................................................................................ ............................ ........... 0 ...................................... ................. $35,811.90 $44,776.00 $8,964.10 SMITH INTERNATIONAL INC DELAWARE ............ ...... ...06-17-04.. ..S....... ..................500............,., .... ....54:350.,,... ..................... ........56.980,. ............................................. ...................$27,250:00......... ................................. .........$28,490:00....... ........................... . ...,.,.......$1,240:00 O -Based on information provided by you or your Financial Advisor. x ]C 0 Client Statement ® WACHOVIA SECURITIES COMMAND Account ~ ,. For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA Account Number: 01 K-963853-24 Page 9 of 15 ~ ~ ~ ~ ylp~ ~ ~~~ ~~ w~< ~,. ~... -. a3 ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Equities (continued) STARBUCKS CORP 04-08-03 L 100 200 26.030 060 26 43.240 43 240 $2,603.00 212 00 $5 $4,324.00 648.00 $8 $1,721.00 $3,436.00 04-OS-03 04-22-03 L L 100 . 25.195 . 43.240 , . $2,519.50 , $4,324.00 $1,804.50 04-22-03 L 100 25.205 43.240 $2,520.50 $4,324.00 $1,803.50 06-06-03 L 300 24.6933 43.240 $7,407.99 $12,972.00 $5,564.01 800 $20,262.99 $34,592.00 .................................. $14,329.01 ........................... . .................................................................................. STRYKER CORP .......................... 11-05-02 ........... L ................................. 200 ............................ 32.250 ............................. 45.300 ................................. $6,477.50 . $9,060.00 $2,582.50 12-24-02 L 400 33.350 45.300 $13,395.00 $18,120.00 $4,725.00 04-29-03 L 200 33.500 45.300 $6,755.00 $9,060.00 $2,305.00 800 $26,627.50 $36,240.00 $9,612.50 SYMANTECCORP 11-05-02 L 200 20.8217 47.960 $4,164.33 $9,592.00 $5,427.67 11-25-02 L 600 22.4417 47.960 $13,464.99 $28,776.00 $15,311.01 06-06-03 L 400 24.4375 47.960 $9,775.00 $19,184.00 $9,409.00 1,200 $27,404.32 ....................... . $57,552.00 ................................... $30,147.68 ............................. ............................................................. ................. TEVA PHARMACEUTICAL INDUSTRIES LTD .......................... 07-10-03 ............ L ................................. 400 ............................ 27.850 845 27 ............................ 27.250 250 27 ...... ... $11,176.66 587 33 $5 $10,900.00 450 00 $5 ($276.66) ($137.33) SPONSORED AMERICAN DEPOSITARY RECEIPT 07-10-03 08-19-03 L L 200 200 . 28.995 . 27.250 . , $5,817.33 . , $5,450.00 ($367.33) OS-19-03 L 200 29.025 27.250 $5,823.33 $5,450.00 ($373.33) 08-19-03 L 200 28.985 27.250 $5,815.33 $5,450.00 ($365.33) 10-22-03 S 200 28.345 27.250 $5,724.00 $5,450.00 ($274.00) 1,400 ..$39,943:98...... . ............$38:150.00...... ............ ($1,793:98) WACHOVIA CORP 2ND NEW 02-04-03 29 03 L L ......... 400 400 ........................... 35.210 980 37 ............................. 46.910 46 910 ...... . $14,144.00 00 $15 252 $18,764.00 764.00 $18 $4,620.00 $3,512.00 - 04- 09-23-03 S 200 . 41.840 . 46.910 , . $8,423.00 , $9,382.00 $959.00 1,000 $37,819.00 $46,910.00 $9,091.00 Total 27,100 $991,811.55 $1,176,343.00 $184,531.45 Corporate Bonds AMERITECH CAPITAL FUNDING CORP NOTES 10-22-97 L 25,000 99.123 100.500 E $24,780.75 $25,125.00 $344.25 RO AO 6.300 10!15/2004 DTD 10/10/97 BOOK ENTRY ONLY PENNSYLVANIA POWER AND LIGHT CO 1ST MTG 11-17-99 L 25,000 98.220 102.3825E $24,556.25 $25,595.63 $1,039.38 RO AO 6.500 04/01!2005 DTD 04/01/93 ................................................................................. .......................... ........... ................................. ............................ ............................. ................................ .................................... .......................... . O -Based on information provided by you or your Financial Advisor. Client Statement COM For The Period: August 1 -August 31, 2004 i~ VILLAGE OF TEQUESTA ® WACHOVIA SE(.~URITIES Account Number: 01 K-963853-24 Page 10 of 15 ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Corporate Bonds (continued) PUBLIC SERVICE ELECTRIC 8 GAS CO 05-04-98 L 25,000 100.000 107.000 E $25,000.00 $26 750.00 $1 750 00 1ST MTG BD , , . RO JJ 6.250 01/01/2007 DTD 01/01/96 CALL GTR PAR OR MAKE WHOLE TSY + 10.OOBP BOOK ENTRY ONLY BANKERS TRUST NEW YORK SERA 10-22-97 L 25,000 99.567 110.826 E $24,891.75 $27 706.50 $2 814 75 MEDIUM TERM NOTES , , . RO AO 6.700 10/01/2007 DTD 10/07/97 BOOK ENTRY ONLY CSX TRANSPORTATION INC 05-04-98 L 25,000 101.420 110.2675 $25,355.75 $27 566.88 $2 211 13 EQUIPMENT TRUST CERTIFICATE SER 1993-A , , . RO MS 6.480 03!15/2008 DTD 03/17/93 ............ ........................................................................ FIRST UNION CORP SUBORDINATED NOTES ........................ 09-02-98 .............. L ............................. 25,000 ........................... 99.090 ................................ 108.611 E .................................. $24,773.25 .................................... $27 152.75 ........................ . $2 379 50 RO AO 6.000 10/30/2008 DTD 10/22/93 , , . VERIZON NEW ENGLAND INC SR NOTES GBL 08-27-02 L 25,000 100.875 109.8825E $25,218.75 $27 470 63 $2 251 88 RO MS 6.500 09/15/2011 DTD 08/21/01 , . , . CALL GTR PAR OR MAKE WHOLE TSY + 30.OOBP BOOK ENTRY ONLY CREDIT SUISSE FIRST BOSTON USA INC 07-30-02 L 25,000 101.120 111.083 E $25 282.00 $27 770 75 $2 488 75 NOTES , , . , . RO JJ 6.500 01/15/2012 DTD 01/11/02 CALL GTR PAR OR MAKE WHOLE TSY + 30.OOBP BOOK ENTRY ONLY . ... ........................................................................ BANK OF AMERICA CORP NOTES RO JD 5.375 06!15/2014 DTD 06/08/04 ........................ 07-06-04 ............... S ............................. 50,000 .......................... 99.875 ................................ 103.6675E .................................. $49,937.50 .................................... $51,833.75 ......................... $1,896.25 SUBJECT TO SPECIAL REDEMPTION BY ISSUER BOOK ENTRY ONLY Total 250,000 $249,796.00 $266,971.89 $17,175.89 Government Asset Backed Securities FEDERAL HOME LOAN BANK 10-22-97 L 25,000 98.6875 107.563 E $24,671.88 $26,890.75 $2,218.87 CP JD 6.240 12/11/2006 DTD 12/11/96 FEDERAL HOME LN MTG CORP 08-07-03 L 50,000 101.550 101.281 E $50,778.91 $50,640.50 ($138.41 DEB CP MS 3.500 09/15/2007 DTD 09!16/02 FEDERAL HOME LN BKS 04-23-02 L 25,000 99.190 106.750 E $24,799.78 $26,687.50 $1,887.72 CONS BD o -Based on information provided by you or your Financial Advisor. Client Statement ® WACHOVIA SECURITIES COMMAND Account ~' For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA Account Number: 01 K-963853-24 Page 11 of 15 ORIGINAL PRICE OR CURRENT COST OR CURRENT UNREALIZED TRADE DATE US QUANTITY ADJ COST PRICE OTHER BASIS VALUE GAIN OR (LOSS) Government Asset Backed Securities (continued) CP FA 5.250 02/13/2009 DTD 02/15/02 FEDERAL HOME LOAN BANK 09-08-03 S 50,000 100.000 101.344 E $50,000.00 $50,672.00 $672.00 CP MS 4.100 03/30/2009 DTD 09/30/03 CALL 09/30/2005 100.00 1ST CPN 03/30/04 ......................... ..................... ........... ................................... .................................... ....................... . ........................................................................................ FEDERAL HOME LOAN MORTGAGE MED TERM NOTE ...................... 04-11-03 ........... L ............................... 50,000 . 100.000 101.7175 E $50,000.00 $50,858.75 $858.75 CP MN 4.250 05/05/2010 DTD 05/05/03 CALLABLE 05!05/2004 AT 100.00 FEDERAL FARM CREDtT BANK 08-14-03 L 50,000 100.000 101.906 E $50,000.00 $50,953.00 $953.00 CP FA 5.000 08/25/2010 DTD 08/25/03 CALL 08/25/2005 100.00 1ST CPN 02/25/04 ......................... ..................... ........... .................................. ..................................... ....................... . ....................................................................................... FEDERAL HOME LOAN BANK ....................... 11-05-01 .......... L ................................ 50,000 . 99.980 100.375 E $49,992.19 $50,187.50 $195.31 CP AO 5.550 10/18/2011 DTD 10/18/01 CALLABLE 10/18/2004 AT 100.00 ....................... ..................... ........... .................................. ..................................... ....................... . ....................................................................................... FEDERAL HOME LOAN MTGE CORP ...................... 04-17-02 ........... L ................................ 25,000 ... 100.500 105.906 E $25,125.00 $26,476.50 $1,351.50 CP MS 6.250 03/05/2012 DTD 03/05/02 CALLABLE 03/05/2007 AT 100.00 FEDERAL HOME LOAN BANK 09-09-03 S 50,000 100.090 100.250 E $50,046.88 $50,125.00 $78.12 CP MS 5.620 09/30/2013 DTD 09/30/03 CALL 09/30!2004 100.00 1ST CPN 03/30/04 FEDERAL HOME LN BKS 09-23-03 S 50,000 100.000 101.750 E $50,000.00 $50,875.00 $875.00 CONS BD CP AO 5.250 10/17/2013 DTD 10/17/03 CALL 10/17/2005 100.00 1ST CPN 04/17/04 FEDERAL HOME LOAN BANK 01-08-04 S 50,000 100.000 101.625 E $50,000.00 $50,812.50 $812.50 CP JJ 5.200 01/23/2014 DTD 01/23/04 CALL 01!23!2006 100.00 1ST CPN 07/23/04 ........................ . .................... ............ .................................. .................................... ........................ . ....................................................................................... FEDERAL HOME LOAN BANK ...................... 03-31-04 ........... S ............................... 50,000 . . 100.000 100.281 E $50,000.00 $50,140.50 $140.50 CP AO 5.000 04/15/2014 DTD 04/15/04 CALL 04/15/2005 100.00 1ST CPN 10/15/04 ....................... . ..................... ............ ................................. ..................................... ........................ . ....................................................................................... FEDERAL HOME LOAN BANK ...................... 07-23-04 ........... S ............................... 50,000 . . 100.000 102.219 E $50,000.00 $51,109.50 $1,109.50 O CP FA 5.550 08/18/2014 DTD 08/18/04 CALL 08/1812005 100.00 1ST CPN 02/18/05 , Total TOTAL UNREALIZED GAINS (LOSSES) 575,000 O -Based on information provided by you or your Financial Advisor. $575,414.64 $586,429.00 $11,014.36 $1,817,022.19 $2,029,743.89 $212,721.70 4 Y 0 W v(a 5d ]C i° Client Statement COMMAND Account i~ ~ -,,. ; For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 12 of 15 This section presents estimated realized gains or losses for your information only, and should not be used for tax purposes. To calculate gains or losses, the oldest position has been liquidated first unless you specified otherwise (a "versus purchase" order). We suggest you review it for accuracy and contact your Financial Advisor with any questions before making any investment decisions. Purchases of foreign securities reflect local (legacy) currency In the "Price or Adj Cost" column, while "Cost or Other Basis" and "Realized Gain (Loss)" are in US dollars. In instances where a gain (loss) has not been calculated, section and summary totals may not reflect a comprehensive view of your complete portfolio. ORIGINAL CLOSING PRICE OR CLOSING COST OR REALIZED TRADE DATE TRADE DATE QUANTITY ADJ COST PRICE OTHER BASIS PROCEEDS GAIN OR (LOSS) APOLLO GROUP INC CLASS A 06-22-01 OS-02-04 50 25.3867 75.400 $1,274.33 $3,756.16 $2,481.83 12-05-01 08-02-04 150 30.7533 75.400 $4,668.00 $11,268.48 $6,600.48 CALLED FEDERAL HOME LOAN BANK 08-01-01 08-09-04 25,000 100.000 100.000 $25,000.00 $25,000.00 $0.00 CP FA 6.300 08/09/2011 DTD 08/09/01 FULLY CALLED 08/09/2004 AT 100.00 .............................................................................. VARIAN MEDICAL SYSTEMS INC ...................................... 02-13-04 ...................... 08-10-04 .......................... 600 ........................... 41.695 ...................... 32.080 ................................ $25,072.00 ............................... $19,187.54 ............................ . ($5,884.46) 03-09-04 08-10-04 200 43.440 32.080 $8,715.50 $6,395.85 ($2,319.65) 03-09-04 08-10-04 200 43.445 32.080 $8,716.50 $6,395.85 ($2,320.65) TOTAL REALIZED GA DATE TRANSACTION QUANTITY PRICElCOMMENTS AMOUNT DEBITED AMOUNT CREDITED Securities Purchases 8 Sales APOLLO GROUP INC CLA 08/05 Sold UNSOLICITED .... . . ... .. .................................................................................... VARIAN MED SYS INC ................................ . 08/13 Sold UNSOLICITED FED HM LN BK CP FA 5.55 08!18/2014 08/18 Purchased TRADE EXECUTED ON 07/23/2004 AT CITIGROUP GLOBAL MARKETS INC. ............................................................................................... FEDEX CORP .................................. 08/27 Purchased UNSOLICITED Total Amount Debited for Securities Purchased Total Amount Credited for Securities Sold Net Amount for Securities Transactions $74,547.00 $47,003.88 .12 ]C 4~ u ~, m~ mY -200 75.40 $15, 024.64 ................................................................................................................................ -1, 000 32.08 $31, 979.24 ................................................................................................................................ 50, 000 100.00 $50,000.00 ........................................................................................ 300 81.64 $24,547.00 2~ Client Statement COMMAND Account '~ For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 13 of 15 DATE TRANSACTION QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED Redemptions and Exchanges 00 000 $25 CLD FED HM LN BK CP FA 6.30 08/09/2011 08/09 Full Call -25,000 100.0000 . , Income and Distributions VARIAN MED SYS INC 08/05 Received 500 STOCK SPLIT .............................. ........................................... ............................ ................................................... ..................................................................................................... Income ........................................ . $787.50 INT RECEIVED ON 25,000 BONDS OF 08/09 Interest FED HM LN BK CP FA 6.30 08/09/2011 ........................... ............................ ................................................... ..................................................................................................... ........................................... 00 $100 ............................ ......................... 000 AMERICAN EXPRESS CO DIV ON 1 08/10 Dividend .... ..... Income ....................... .................................... ................................ . . .......................................... , .. .................................. INT RECEIVED ON 25,000 BONDS OF 08/16 ................... Interest Income $656. FED HOM LN BKS CN CP FA 5.25 02/13/2009 ....... .................................................................................................... ........................................... . ........................................ ................................... DIV ON 800 PROCTER & GAMBLE CO ............................ 08/16 ............................................ Dividend .... Income .................................................................................................... $200.00 ............................................ ................................. .......................................... DIV ON 700 CAPITAL ONE FINCL CP ............................ 08120 ............................................... Dividend ... Income .................................................................................................... $18.67 ........................................... . ..................................... - ~~• ~ ~ ~ ~ ~~ ~ ~ DRD GVT USTRSY AX DIV REI 07126 - 08/23 ............................ 08/24 ................................................ Money Fund Dividend ....... For Reinvestment .................................................................................................... $31.93 ............................................ ............ ............... INT RECEIVED ON 50,000 BONDS OF ... ................. 08/25 ......... .. Interest Income $1, 250.00 FED FARM CR BK CP FA 5.00 08/25/2010 ............ ............................. ................................................... .................................................................................................... ........................................... . 75 $3 .............. .................................................... DIV ON 300 HARMAN INTL INDS NEW 08/25 Dividend Income . Funds Added 8~ Withdrawn FUNDS RECEIVED 08102 Credit $6,208.92 . .................................................................................................................................................................................................................................................................................. ..... ..................... $6,155.07 .... FUNDS RECEIVED 08/20 Credit ............................................................................................................................................................................................................................................................................ ..................... $6, 098.54 FUNDS RECEIVED 08/30 Credit DATE WRITTEN DATE PAID CHECK# PAYEE EXPENSE CODE AMOUNT DEBITED AMOUNT CREDITED REFERENCE NUMBER 6 2004225000078831 08/03/04 08/12/04 0197 .. . ................ NORTHSTAR CAPITAL MGMT INC ...................$4,591.00......... . ..........,_ .............................._ .......... ...................... 08/03/04 ........................... 08/13/04 ............... 0198 ..... ............ . ......................... BUSINESS SERVICES CONNECTION . .. $225.80 ........................................... 20042260000593 ........................................................................................ 08/03/04 ...................... ........ 08/16/04 ........................... ............. 0199 ............... . ......................................................................................................... HANSON PERRY + JENSEN PA ~ ~ ........................................................................................................ $1,613.45 20042290000982530 AS OF August 31, 3 CHECKS WERE PROCESSED, TOTALING: $6,430.25 To update expense code categories, call COMMAND at 1-800-222-4321. ,~ Y W gID bi Y 2~ Client Statement MAND For The Period: August 1 -August 31, 2004 VILLAGE OF TEQUESTA ® WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 14 of 15 DATE TRANSACTION QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED DRYDEN GV US TRES AX 08/02 Purchased 100 1.00 $100.00 COMMAND SUBSCRIPTION DRYDEN GV US TRES AX 08/03 Purchased 6,209 1.00 $6,209.00 COMMAND SUBSCRIPTION DRYDEN GV US TRES AX 08!05 Purchased 15,024 1.00 $15,024.00 COMMAND SUBSCRIPTION DRYDEN GV US TRES AX 08/09 Purchased 25,000 1.00 $25,000.00 COMMAND SUBSCRIPTION DRYDEN GV US TRES AX 08/10 Purchased 788 1.00 $788.00 COMMAND SUBSCRIPTION DRYDEN GV US TRES AX 08/11 Purchased 100 1.00 $100.00 COMMAND SUBSCRIPTION DRYDEN GV US TRES AX 08/13 Purchased 31,979 1.00 $31,979.00 COMMAND SUBSCRIPTION DRYDEN GV US TRES AX 08/13 Sold - 4,591 1.00 $4 591.00 COMMAND REDEMPTION AS OF 08/12/04 , DRYDEN GV US TRES AX 08!16 Sold - 226 1.00 $226.00 COMMAND REDEMPTION DRYDEN GV US TRES AX 08/17 Sold - 757 1.00 $757.00 COMMAND REDEMPTION AS OF 08/16/04 DRYDEN GV US TRES AX 08/19 Sold - 50,000 1.00 $50 000.00 COMMAND REDEMPTION AS OF 08/18/04 , DRYDEN GV US TRES AX 08/23 Purchased 6,174 1.00 $6 174.00 COMMAND SUBSCRIPTION , .................................................................................... DRD GVT USTRSY AX DIV REI 07/26 - 08/23 .......................... 08/24 .......................................... Purchased ........................................................ 31 ...................................... 1.00 ................................... $31.00 ....................... . DRYDEN GV US TRES AX 08/25 Purchased 1 1.00 $1.00 COMMAND SUBSCRIPTION DRYDEN GV US TRES AX 08/26 Purchased 1,253 1.00 $1 253.00 COMMAND SUBSCRIPTION , DRYDEN GV US TRES AX 08/27 Sold - 1,253 1.00 $1 253.00 COMMAND REDEMPTION , DRYDEN GV US TRES AX 08/27 Sold - 23,294 1.00 $23 294 00 COMMAND REDEMPTION , . DRYDEN GV US TRES AX 08/31 Purchased 6,099 1.00 $6 099.00 COMMAND SUBSCRIPTION , IF YOU HAVE IRA'S AT MORE THAN ONE INSTITUTION, YOU RECEIVE MULTIPLE STATEMENTS AND MAY PAY EXTRA FEES. ASELF-DIRECTED IRA FROM 3 WACHOVIA SECURITIES CAN MAKE YOUR LIFE EASIER. TALK WITH US TODAY. S Y w~ m `~' n~ mY Ze Client Statement ® WACHOVIASE(7URITIES Page 15 of 15 01 K-963853 ~ , . Wachovia Securities, member NYSE 8 SIPC. would be received upon a sale. Inmost cases, it is calculated from the date of tl~e last a SIPC liquidation. In addition, Wachovia Securities maintains a 'Net Equity' Excess One New York Plaza, New York, New York 10292 coupon p ent (or dated date) up through the dosing date of this statement. of SIPC program, wtrch provides coverage fa the total amount of cash and fully paid- Estimated Annualized Income is based r~on the dividend a interest expected to be for securities. TFas coverage does not protect your account from losses that result E-mail Security' The confidentiality of Internet e-mail cannot be guaranteed. received annual)y. Current Yield is derived by dividing Estimated Annualized Income from fluctuations in the market value of your irnesfinents. Wachovia Securities is not Information you send us via em~l could be viewed by persons other flrarr the by the Curent Value of the securitlyy Mutual fund distributions shown as Income and a bank, and securities offered through us are not backed or guaranteed by anyy bank intended recipent. Therefore, do not include yore account numbers, credit card Yield are based upon historical distributions over the preceding 12 monltr period and a insured by the FDIC unless otherwise expressly indicated. Funds placed in de osit numbers, passwords or other private information. We will not accept by a-mail buy or are designed to exclude capital gains or losses, gams and losses on crarenry accounts at FDIGinsrxed institutions are insured by the FDIC up to $100,000 sell orders, address changes, funds transfer requests a any other instructions transactions and may represent a return of capital. Past performance is not irrdcative (principal and accrued interest) when aggregated with other funds held in each requiring your signature. of tuhare results, and s information is not intended to project a predict fuhxe insure le capacity at each depository institution. distributions. The information was obtained from outside services believed to be Your statement may contain the following sections: reliable, but no independent verification has been made. MMF dividends and yields If yours is a margin account, This is a combined statement of your Margin Account Total Account Net Worth represents the net value of the account at the close shown are net of this fee, wtwch will be added to your net dividends fa tax reporting. and Special Memeandum Account maintained for you under Section 220.6 of of the statement period, except where ottrerwise indicated. Unpriced sectrities are For MMFslbank deposit accounts, fire Current Yield refers to a simple annualized Regulation T issued by the Board of Governors of the Federal Reserve System. The not reflected in This net value. 'AvailaHe for Checkwriting, Ysa® and Loans' reflects yield (net of fees) for an identified seven calendar day period. Yield and share price permanent record of the Special Memorandum Account as required by Regulation T the appropmate amount available as of the period ending date and should be will fluctuate from time to time and are not necessarily representative of fudxe income is available for yorx inspection at your request. reduced by arty pending checks and vsa charges not yet cleared. For other Margin dividends. Portfolio Detail for COMMANDBusinessEdgee Accounts displays free credit balance, while roe accounted for on our books or records, is not Accounts, tl~is is the approwmate amount available for withdrawal and loans. A securities grouped alphabetically within each asset category, witl~ fixed income ~' p p ~ margin loan is a variable rate loan secured by your amount. securities shown in maturity sequence (unless you have oP~ed for an alphabetical segregated from other cash balances held by tlus corporation (with the exception of display). Stock symbols are displayed for listed egrbties and certain other secrihes. regulated commodty accounts) and may be used in the normal conduct of business. Gain (Loss) Summary reflects realized gains (losses) from purchases, sales For other accounts, positions are grouped (e.g:, stocks acrd bonds) and shown Your free credit balance is payable to you upon written notification to us. or other depositions of securities transactions or the period and year-to-date; and alphabetically with the share quantity or principal amount of bonds. Restricted Our interest period rims from the tliird Friday of the last month to the third Thursday of estimated unrealized gains (losses) on securities held as of the close of the statement positions may not be marginable or transferable, and generally cannot be sold until the current month. Interest is calculated daily based on the net daily debit balance period. restrictive legend is lifted. wttich includes credit and debit balances in your cash, escrow and mar in Income 8~ Distributions reflects the total of dividends, interest, partrership distributions and other income credited to your account during This statement period as well as year-to-date. Return of Principal Information appears separately and is not included as part of your'Tolal Income.' The schedule K-1 showing the taxpayer's share of the net income or loss will be provided directly from the partnership to the investor. Cash Activity Highlights displays Funds AddedlFunds Withdrawn for the statement pperiod and YTD. Included are Federal Funds wires, Automated Clearing House (ACH) funds and journal entries between separate accounts. All Margin Accounts reflect margin interest charged to your account during this period and year- to-date. For some accounts, interest charges appear in a separate section. Asset Composition (COMMAND) reflects the percentage breakdown of priced 'long' positions displayed within Portfolio Detail. The pie chart does not display short a unpriced positions, nor cash credits (debits). Tax Information (Retirement Accounts) reflects the tax-reportable contributions received fa the current and prior IRS reportable years, as well as distributions for the curent calendar year. Portfolio Detail reflects all securities holdings and other irnestrnents in your account. Unless otherwise specified, all securities are 'long.' Prices in the Portfolio Detail are obtained from venous quotation services which we believe to be reliable, but we cannot guarantee their accuracy. Prices are based on the closing prices for 'exchange-listed' securities or are generally the 'bid price' for unlisted securities at month-end. Unlisted preferted securities are priced via evaluation models and valuation risk factors. They do not necessarily represent the prices at wtuch those securities could have been bought or sold. Certain inactively traded securities are not Priced and are not included in the Priced Securities Value total. The markets for some fixed income, prefered and restricted securities may rrot be liquid, and prices maybe appro>mations or estimates. Prices may be based on: recent transactions a bids, if available; independent quotation services that use computerized valuation formulas to calculate prices based on institutional quantities; or estimates. Neither prices nor approximations represent quotations by the Firm, and prices for retail quantities of some fixed income securities, including but not limited to mortgage-backed securities, are likely to be different than institutional prices. Ail fixed income securities may be callable. If the security is called, it may affect the yield you receive. Certain Unit Irnestment Trusts that are marginable are valued at the sponsor's repurchase price. Those not marginable are generally valued at the public offering price. Yields on priced Unit Irnestinent Trusts exclude accrued interest. Prices of managed fuhses funds have been estimated; actual values are provided to irnestors in a separate monthly financial update. Estimated Accrued Interest is the estimated amount that The following notes may appear on your Statement: Listed options are available for this security E The price shown is an estimate derived from a pricing matrix or model. Actual price may be tngher a lower, if sold prior to maturity. For information, call your Financial Advise. ~ This position is shown at face value (par). If available, curent market price may be significantly different. M Indicates securities held in a margin account. a The price reflected and quantity owned have been provided by the fund's general partr~er. • The general value of flrese securities has been reduced to reflect any anticipated principal payments that will be credited on the next payment date. Anticipated principal payments may be displayed as a seppcrate line of detal for mortgage- backed securhes that carry amortized value (AV) factors. accounts during the interest period. The interest charge is determined by multiplying ttre net daily debit balance by the rate of interest and a fraction, the numerate of which is the ntxnber of days the debit e>asts and the denominator of which is Three hundred sixty (360). This statement will show the average net daily debit balance and the interest rate used to arrive at the amount of interest charged. Interest is charged in accordance with the interest computation schedule Previously provided to you pursuant to Rule 10b-16 of the Securities Exchange Ad of 1934. Interest is charged on the daily debit balance in your account, and such interest charges,rf not paid, will be added to the debit balance in your account for the next period. An annual fee of $75 is debited to most Basic Secrities Accounts. Accounts within a COMMAND Plus househdd, and households exceeding $1,000,000 in long market value or $10,000 in commissions over the previous 12 months, are not sub)ect to this fee. Retirement and BusinessEdge accounts are exempt. Accounts of norrUS offices Realized and Unrealized Gains (Losses) Realized gains (losses) are may incur other fees. reflected on a trade date basis fa transactions settling during the curent period or the If account statements and other corespondence mailed to you are returned by the period in wtech the shares were received, if later. Estimated rxxealized gains (losses) postal Service as undeliverable and we are unable to locate you through are displayed for most securities. The cost basis used in detemurung gains (losses) reasonable efforts, a safekeeping fee of $25 per quarter is charged. does not reflect wash sales and may not reflect certain capflat adjus ents. Mos exchanges reflected on this statement are treated as ne>-taxable, unless a until Information regarding all charges in your account will be made available to you upon other informaton has been communicated to us. Cost basis of preferred securities request. A financal statement of Wachovia Securities will be mailed to you upon with origirnat issue discount ('OID') is not adjusted fa the accretion of OID. For most request Further information with respect to commissions and other charges related to long positions transfered between beneficial owners, the transferor's cost basis will fire execution of listed option transactions has been included in confirmations of such be retained. Fa shares acquired from a decedent, you should consult your tax transactions previously famished to you, and such information will be made available advisor to detemune the appropriate valuations and holding period that applies. to you promptly upon request of your branch office. Although the wst basis shown maayy have been adjusted, your coat basic may require additional adjustments. We da not reppresent the calculations of This statement is an official record of your account. All account statements sent to realized and unrealized gains (losses) as an offiaal tax accounting of such you shall be considered binding upon you if not objected to in writing within ten days. figures. For tax purposes, you should rely on your own records and the f u have airy questions concerning their accuracy, please contact your Financial Consolidated Statement (Form 1099). For details, please refer to the Advisor or local branch manager inmediately. All checks are to be made payable to COMMAND Account Program DescripBon. Wachovia Securities. Account Activity reflects all settled transactions in your account in Piease advise your Financial Advisor of any change(s) to your Investor Profile (e. g., chronological sequence during the statement period. In COMMAND1BusinessEdge objectives a financial condition, name a address change). We will confirm certain Accounts, activity is displayed by the activity category (tmless you have opted fa a profile changes and mail you an annual verification of your complete profile. For chronological display). In the Dividend Reirneshnent section, fractional shares in comments a questions regarding service-related issues, please contact your local Closed End Funds and Equity Securities are book entry only and cannot be branch a Client Relations at the address above atoll-free at 1-888-774-1774 (or 1- transfered ordelivered. 212-778-2795 collect from overseas). ~02o m~ Wachovia Securities is a member of Securities Investor Protection Corporation ~ (SIPC). SIPC protects most securities in the majority of, but not all accounts (for instance, BrokerlDealer and accounts held by Banks for their own benefit are not Y covered), up to $500,000 (including up to $100,000 fa cash), in the unlikely event of 4 W m~ Si Y 2~ Securities system to the Wachovia Securities system. "New" Format Statement This statement (enclosed) shows account activity after your account was transferred to the Wachovia Securities system, including the receipt of your assets into your new account. "Old" Format Statement The second statement (which you will receive in a separate envelope) displays your "old" account number and includes activity for the early part of September and shows the transfer of your assets out of your old account. Your ending value will be "zero," or may show a balance for activity such as dividend and interest payments, reinvestments and checks that came into your account after the majority of the assets were transferred to the new account. These residual balances will automatically transfer to your new account in the future; no action is required on your part. Please note that you must view both statements to see a complete picture of your financial transactions for the month of September. You may notice that certain securities transferred into your new account at various times during the month of September. This is normal and is caused by conversion processes that are unique to each type of security. If You Own: Fixed Income Securities (Bonds) in Non-IRA Accounts: The way cost basis information is displayed on your new statement may differ from statements you have received in the past. Clients who own fixed income securities (including CDs) will see the original purchase price they paid for these securities reflected in the Portfolio Assets section of their statement in the "Cost or Other Basis" column. The former Prudential Securities COMMAND Account statement adjusted cost basis information for amortization and accretion. The result of this change may show an inflated/deflated unrealized gain or loss on your September month-end statement. (Bonds purchased at a premium to par will reflect an overstated loss. Bonds purchased at a discount to par will reflect an overstated gain.) The primary use of adjusted cost basis information is to ensure accurate gain and loss information for tax purposes. Therefore, at year-end, you will receive a separate mailing that you can provide to your tax professional. This document will reflect adjusted cost basis values for any positions that you may have sold during the calendar year using a methodology that is similar to that used by the former Prudential Securities to calculate this cost basis information. If You Own: Freddie Mac Mortgage-backed Securities: Clients who own mortgage-backed securities issued by FHLMC (Freddie Mac) may notice a difference in how these are displayed on their new statement based upon the timing of when principal prepayments are repaid to your account. For certain Freddie Mac securities, there is a lag between the time when Freddie Mac announces a principal repayment and the time that Wachovia Securities receives this repayment and credits your account. The former Prudential Securities statement included a line item entry beneath this obligation, described as "Anticipated Principal." This "Anticipated Principal" line item reflected the principal repayment amount owed, but not yet received, from Freddie Mac. The "Anticipated Principal" did not increase your funds available for use or withdrawal. Our policy at Wachovia Securities is not to create such anticipated asset line items on the statement. As a result, we wait until the payment has been received before reflecting the value of the payment on your account statement. Your account value may appear to be temporarily reduced by the amount due and payable to your account from Freddie Mac. In either case, your account is credited with cash available for withdrawal on the same day, the day it is received from Freddie Mac. Wachovia Securities, LLC, memher NYSE/SIPC, is a separate non-bank affiliate of Wachovia Corporation. ©zoo4 Wachovia Securities, LLC 54224 9/04 You will receive two statements for the month of September as a result of the transfer of your account from the legacy Prudential Client Statement wACHOVIA SECURITIES COMMAND Account ~ For The Period: September 1 -September 30, 2004 Total Account Ne# Worth o~N~ ~~o~ao Priced Securities Value $2,029,743.89 $.00 Money Mkt Funds/Bank Dep. Bal. $169,019.00 $.00 Cash Balance $.40 $.00 Total Net Worth $2,198,763.29 $.00 ................................................................................................................................................... Available For Checkwriting And Visa $.00 Gain (LQSS~ SUfCnftlc'~ry teu~aseR~~taosraa.easscnonsf Account Number: 01 K-963853-24 Page 1 of 6 Your Financial Advisor: FRED P KENNEY Phone: 561-691-5113 FIRST V.P. INVESTMENTS 3399 PGA BOULEVARD SUITE 400 PALM BCH GARDENS FL 33410 E-mail Address: fred.kenney@wachoviasec.com Your Branch Manager: RICHARD N. TROTTA VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND 250 TEQUESTA DR STE 304 TEQUESTA FL 33469-2766 Year To Date Realized Gain (Loss) $51,259.20 Income $c D~5tnI?utloi*tS; Th~S Pealdp ' YEkic TOAA7E Money Fund Dividends $32.67 $278.17 Dividends $955.38 $5,275.32 Interest $781.25 $26,347.50 Total Income $1,769.30 $31,900.99 Cash Actfvrty Mighlic~hts~ ~ ` ~r-~sP~ioo ,~ To DATE Opening Cash, MM Fnd/Bank Dep. Bal. $169,019.40 Income & Distributions In Cash $1,756.56 $31,859.43 Funds Added $124,485.96 $240,677.79 Net Securities Bought/Sold $.00 ($158,150.12) Net Redemptions/Exchanges $.00 $100,000.00 Funds Withdrawn $.00 ($40.00) Checking & Billpay $.00 $47,122.42) Miscellaneous ($295,261.92) ($295,261.92) Closing Cash, MM Fnd/Bank Dep. Bal. $.00 lulln~l~ululi~~nl~~unl~lln~lilluil~u~n~l~~ln~nl~~ Trading authorization has been given to: NORTHSTAR CAPITAL MANAGEMENT Copies of this statement are being sent to NORTHSTAR CAPITAL MANAGEMENT NORTHSTAR CAPITAL MANAGEMENT Additional copies are being sent. Please call your Financial Advisor for details. 0 0 Y m~ mg a z~ Client Statement WACHOVIA SECURITIES COMMAND Account ~ For The Period: September 1 -September 30, 2004 VILLAGE OF TEQUESTA Shod-Term/Long-Term Gains (L.osses) Summary This section presents estimated gains or losses for your information only, and should not be used for tax purposes. We suggest you review it for accuracy and contact your Financial Advisor with any questions before making any investment decisions. In instances where a gain (loss) has not been calculated, summary totals may not reflect a comprehensive view of your complete portfolio. A detailed breakdown of Realized Gains (Losses) will be shown on your Consolidated Statement. Differences in gains (losses) may appear based on capital adjustments subsequent to settlement date. In the summary below, "Short-Term" Indicates shares held 1 year or less; "Long-Term" Indicates shares held more than 1 year. Gains (losses) on Broad Based Index Options (shown as Category "I") have been allocated as 60°~ long-term and 40°~ short-term, regardless of the length of time held (in accordance with Section 1256 of the IRS Code). "N/A" -Indicates in this Summary section that, either there were no capital gains or losses in this category, or sufFcient information was not available to make an appropriate calculation. Unrealized Gains (Losses) Account Number: 01 K-963853-24 Short-Term N/A Short-Term Long-Term N/A Long-Term Realized Gains (Losses) This Period N/A N!A Page 2 of 6 Year-to-Date ($6,772.85) $58,032.05 Account Activity „ . DATE TRANSACTION QUANTITY PRICElCOMMENTS AMOUNT DEBITED AMOUNT CREDITED Income and Distributions DIV ON 600 AMBAC FINCL GRP INC 09/01 Dividend Income . .. . ............. $75.00 ......................................................... .................................................................................... DIV ON 1,100 PFIZER INC .......................... 09/03 ........................................................................... Dividend ...... ....................................... .. .. ... Income ............................................ $187:00 ....... ............ .............. ........................... DRD GOVT US TRSY AX DIV 08/24 - 09/02 ......................... 09/03 ..........y........................................................ Mone Fund Dividend Income $32.67 INT RECEIVED ON 25,000 BONDS OF 09/07 Interest Income $781.25 FHLMC CP MS 6.25 03/05/2012 .. . ...... .............................................................. .......................................................... .................................. ......................................... DIV ON 1,400 TEVA PHARM INDS SADR .......................... 09/07 .... . ............................................................. Dividend Income $68.88 FGN TAX WITHHELD ON 1,400 09/07 Debit $12.74 TEVA PHARM INDS SADR . . ............... .............................................................. .......................................................... ..................................................................................... DIV ON 700 MOODYS CORP ......................... 09/10 .. . ....................................................... Dividend Income ................................. ........... $52.50 .......................................................... .................................................................................... DIV ON 1,400 MICROSOFT CP WASH .......................... 09/14 ........................................................................... Dividend ..................................... ................. . Income .............................................................. $112:00 .................. .................................................................................... DIV ON 600 L 3 COMMUC HLDGS INC .......................... 09115 ...................................... Dividend . Income ............................................................. $60.00 .......................................................... .................................................................................... DIV ON 1,000 WACHOVIA CRP 2ND .......................... 09/15 .......................................................................... Dividend . Income $400.00 Funds Added 8 Withdrawn FUNDS RECEIVED 09/01 Credit $56,535.86 FUNDS RECEIVED 09/01 Credit $67,950.10 Client Statement WACHOVIA SECURITIES COMMAND Account ~ For The Period: Account Number: September 1 -September 30, 2004 VILLAGE OF TEQUESTA 01 K-963853-24 Page 3 of 6 Account Activity ' ~coM-lr~eD~ DATE TRANSACTION QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED Miscellaneous TRANSFERRED TO FIRST CLEARING LLC 09/03 Debit .................................... $169,019.00 ........................................................................................................................................................ ....................................................................................... MARVELL TECH GP LTD ....................... 09/07 ....... Delivered .................... . . -1,600 ........................................................................................................................................................ ....................................................................................... ALCON INC ....................... 09/07 ................... . . Delivered ................................. .. -300 ........................................................................................................................................................ ....................................................................................... AMBAC FINCL GRP INC ....................... 09/07 ....... . Delivered ................................ . -600 ........................................................................................................................................................ ....................................................................................... AMERICAN EXPRESS CO ....................... 09/07 ......... . Delivered -1,000 AMERITECH CAP FDG RO AO 6.30 10/15/2004 09/07 Delivered .............................. .. . -25,000 ........................................................................................................................................................ ....................................................................................... AMGEN INC ....................... 09/07 ...... . ... Delivered ....................................... -700 ........................................................................................................................................................ ....................................................................................... APOLLO GROUP INC CLA ....................... 09/07 .... Delivered ................................... -300 ........................................................................................................................................................ ....................................................................................... BJ SERVICES CO ....................... 09/07 ........ Delivered .......................... . .. . -400 ........................................................................................................................................................ ....................................................................................... BK AM CRP NT RO JD 5.37 06!1512014 ....................... 09/07 .......... . . . Delivered -50,000 BANKERS TR NY MTN RO AO 6.70 10/01/2007 09/07 ........ Delivered .......................................... -25,000 ......................................................................................................................................................... ....................................................................................... BED BATH86EYOND INC ............... 09/07 Delivered -1,100 CSX TRANS ED TR93AR0 MS 6.48 03/15/2008 09/07 . ..... Delivered .......................................... -25,000 ......................................................................................................................................................... ....................................................................................... CAPITAL ONE FINCL CP ............... .. 09/07 . ... Delivered .......................................... -700 ......................................................................................................................................................... ....................................................................................... CISCO SYSTEM INC ................. .. 09/07 . . .. Delivered ......................................... -1,000 ......................................................................................................................................................... ....................................................................................... COACH INC ................. . . 09107 . Delivered .............................. -1,000 ........................................................................................................................................................ . ....................................................................................... CREDIT SUISSE FB RO JJ 6.50 01/15/2012 ....................... 09/07 .......... . ............ Delivered .......................................... -25,000 ......................................................................................................................................................... ....................................................................................... DELL INC ........... . 09107 ........... Delivered .......................................... -1,100 ......................................................................................................................................................... ....................................................................................... EBAY INC ............ 09/07 . . Delivered .......................................... -500 ......................................................................................................................................................... ....................................................................................... FHLMC MED TERM NTSCP MN 4.25 05/05/2010 .................. ... 09/07 . ................ Delivered .......................................... -50,000 ......................................................................................................................................................... ....................................................................................... FED HM LN BK CP AO 5.55 10/18/2011 ..... . 09/07 Delivered ............................... . -50,000 ......................................................................................................................................................... ....................................................................................... FED HOM LN BKS CN CP FA 5.25 02/13/2009 ....................... 09/07 ......... . Delivered ...................... . -25,000 ......................................................................................................................................................... ....................................................................................... FED HOM LN BKS CN CP AO 5.25 10/17/2013 ....................... 09!07 .................. . Delivered ..................................... . -50,000 ......................................................................................................................................................... ....................................................................................... FED HM LN BK CP MS 5.62 09/30/2013 ....................... 09/07 ... . Delivered .................................. . -50,000 ......................................................................................................................................................... ....................................................................................... FED HM LN BK CP MS 4.10 03/30/2009 ....................... 09/07 ...... . Delivered .................. -50,000 ......................................................................................................................................................... ....................................................................................... FED HM LN BK CP JJ 5.20 01/23/2014 ....................... 09/07 ........................ Delivered ......................................... -50,000 ......................................................................................................................................................... ....................................................................................... FED HM LN BK CP AO 5.00 04/15/2014 ....................... 09/07 .......... . . Delivered .......................................... -50,000 ......................................................................................................................................................... ....................................................................................... FED HM LN BK CP FA 5.55 08/18/2014 ......... ... 09/07 Delivered .......................... . . -50,000 .......................................................................................................................................... ............... ....................................................................................... FED FARM CR BK CP FA 5.00 08/25/2010 ....................... 09/07 ............ . . Delivered ................................ -50,000 ........................................................................................................................................................ . ....................................................................................... FED HM LN BK CP JD 6.24 12/11/2006 ...................... 09/07 . ........... Delivered ........................................... -25,000 ........................................................................................................................................................ . ...................................................................................... FHLMC CP MS 6.25 03/05/2012 ...................... 09/07 Delivered -25,000 ,_ Client Statement WACHOVIASECLTRITIES COMMAND Account ~ For The Period: Account Number: September 1 -September 30, 2004 VILLAGE OF TEQUESTA 01 K-963853-24 Page 4 of 6 Account Activity'.: ~ .. ~ IcoNT UiuEa DATE TRANSACTION QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED Miscellaneous (continued) FED HOME LN MTG D CP MS 3.50 09/15/2007 09/07 . Delivered ...................................... . . -50,000 .......................................... ............................................................................................................... ...................................................................................... FEDEX CORP ................ ....... 09/07 . . Delivered ... . ............. -300 .......................................... ............................................................................................................... ...................................................................................... FIRST UNION CORP RO AO 6.00 10/30/2008 ........................ 09/07 ...................... .. . Delivered ........................ ... -25,000 ......................................... ............................................................................................................... ....................................................................................... GENENTECH INC ....................... 09/07 ............... . Delivered ................................ . . .. -400 .......................................... ............................................................................................................... ...................................................................................... GENERAL ELECTRIC CO ........................ 09/07 . . ... . Delivered .. -1,200 .......................................... ............................................................................................................... ...................................................................................... HARMAN INTL INDS NEW ........................ 09/07 ........................................ Delivered ................. -300 .......................................... ............................................................................................................... ...................................................................................... INTL GAME TECH ........................ 09/07 ......................... Delivered ............... -1,400 .......................................... ............................................................................................................... ...................................................................................... L 3 COMMUC HLDGS INC ........................ 09/07 ........................... Delivered ... -600 .......................................... .............................................................................................................. . ...................................................................................... LOWES COS INC ........................ 09/07 ....................................... Delivered ........... -600 .......................................... ............................................................................................................... ...................................................................................... MEDTRONIC INC ........................ 09/07 ............................... Delivered ................................. -900 .......................................... ............................................................................................................... ...................................................................................... MICROSOFT CP WASH ........................ 09/07 ......... Delivered ........................... . -1,400 .......................................... ............................................................................................................... ...................................................................................... MOODYS CORP ........................ 09/07 ............. . Delivered ............ -700 .......................................... ............................................................................................................... ...................................................................................... NEXTEL COMMUN INCA ........................ 09/07 .............................. Delivered ........................ . -1,400 .......................................... ............................................................................................................... ...................................................................................... PENNA PWRBLGT CO RO AO 6.50 04/01/2005 ........................ 09/07 . ................ . Delivered .............................. ... ..... -25,000 .......................................... ............................................................................................................... ...................................................................................... PFIZER INC .................... ... 09/07 .. . . Delivered . ........... -1,100 .......................................... ............................................................................................................... ...................................................................................... PROCTER & GAMBLE CO ........................ 09/07 ............................. . Delivered ... ..... -800 .......................................... ............................................................................................................... ...................................................................................... PURL SVCE ELBGS RO JJ 6.25 01/01/2007 ........................ 09/07 ... ............................... Delivered ............. . -25,000 .......................................... ............................................................................................................... ...................................................................................... SMITH INTL INC DEL ........................ 09/07 ........................... . Delivered .................... . . -500 .......................................... ............................................................................................................... ...................................................................................... STARBUCKS CORP ........................ 09/07 ............... .. ... Delivered ................................... ... -800 .......................................... ............................................................................................................... ...................................................................................... STRYKER CORP ........................ 09/07 . ... Delivered ....................... -800 .......................................... ............................................................................................................... ...................................................................................... SYMANTEC CORP ........................ 09/07 ................... Delivered ... ........... -1,200 .......................................... ............................................................................................................... ...................................................................................... TEVA PHARM INDS SADR ........................ 09/07 .......................... .. Delivered -1,400 ...................................... .. ............................................................................................................... ...................................................................................... VERIZON N/ENGLAND RO MS 6.50 09/15/2011 ........................ 09/07 .......................................... Delivered ............................. . . . . -25,000 .......................................... ............................................................................................................... ...................................................................................... WACHOVIA CRP 2ND ........................ 09/07 ........ . .. Delivered -1,000 ..................................... . ............................................................................................................... ...................................................................................... TRANSFERRED TO FIRST CLEARING LLC ........................ 09/07 .......................................... Debit .... ........ $124,781.03 ...................................................................................................... . ....... ...................................................................................... TRANSFERRED TO FIRST CLEARING LLC ........................ 09/09 .......................................... Debit .................................. . $837.39 TRANSFERRED TO FIRST CLEARING LLC 09/13 Debit $52.50 ......................................................................... . .. . .. . ...................................................................................... TRANSFERRED TO FIRST CLEARING LLC ........................ 09/15 .......................................... Debit .......................................... ......................... . . ... . $112.00 TRANSFERRED TO FIRST CLEARING LLC 09/16 Debit $460.00 ~~ ._ Client Statement u COMMAND Account For The Period: September 1 -September 30, 2004 VILLAGE OF TEQUESTA Money Fund/Bank Deposit Sweep Activity DATE TRANSACTION QUANTITY PRICE/COMMENTS AMOUNT DEBITED AMOUNT CREDITED DRD GVT US TREAS AX 09/03 Sold - 169,019 1.00 ACCOUNT TRANSFER REDEMPTION THIS STATEMENT COVERS ACTIVITY FOR 9/1--9/3, PLUS RESIDUAL ACTIVITY FOR THE BALANCE OF THE MONTH. YOU SHOULD HAVE ALREADY RECEIVED A SEPARATE STATEMENT COVERING ACCOUNT ACTIVITY FROM 9/7-9130. IF NOT, PLEASE CONTACT YOUR FINANCIAL ADVISOR. $169,019.00 m m Y 0 mi m~ m~ n, m• WACHOVIA SECURITIES Account Number: 01 K-963853-24 Page 5 of 6 2~ Client Statement WACHOVIA SECURITIES Page 6 of 6 01 K-963853 Wachovia Securities, member NYSE 8 SIPC. One New York Plaza, New York, New York 10292 E-mail Security• The confidentiality of Intemel e-mail cannot be guaranteed. Information you send us via e-mail could be weaved by persons o0rer than the intended recrpenl. Therefore, do not include your account numbers, credit card numbers, passwords or other private information. We wdt not accept by a-mail buy or sell orders, address changes, funds transfer requests or any other instructions requiring your signature. Your statement may contain the fallowing sections: Total Account Net Worth represents the net value of the account at the close of the statement period, except where otherwise indicated. Unpriced securities are not reflected in this net value. 'Avadade for Checkwriting, Visa`s and Loans' reflects the approwmate amount available as of the period ending dale and should be reduced by any pending checks and vsa charges not yet cleared. For other Margin Accounts, Bus rs the approwmale amount available for withdrawal and loans. A margin loan is a variable rate loan secured by your account. Gain (Loss) Summary reflects realized gains (losses) from purchases, sales or other dispositions of securities transactions for the period and year-to-date; and estimated unrealized gains (losses) on securities held as of the close of the statement period. would be received upon a sale. Inmost cases, it is calculated from the date of the last coupon payment (or dated date) up through the closing date of this statement. Estimated Annualized Income is based upon the dividend or interest expected to be received annual)y. Current Yield is derived by divldmg Estimated Annualized Income by the Current Value of the security. Mutual fund distributions shown as Income and Yield are based upon tustorical distributions over the preceding 12 month period and are designed to exclude capital gains or losses, gams and losses on currency transactions and may represent a retain of capital. Past performance is not indcative of future results, and this information is not intended to project or predict future distributions. The information was obtained from outside services believed to be reliable, but no independent verification has been made. MMF dividends and yields shown are net of this fee, wtuch will be added to your net dividends for tax reporting. For MMFslbank deposit accounts, the Current Yield refers to a simple annualized yield (net of fees) for an identified seven calendar day period. Yield and share price will fluctuate from time to time and are not necessarily representative of future income dividends. Portfolio Detail for COMMANDBusinessEdge'~ Accounts displays securities grouped alphabetically wittun each asset category, with fixed income securities shown m maturity sequence (unless you have opted for an alphabetical display). Stock symbols are displayed for listed equities and certain other secunhes. For other accounts, positions are grouped (e.g:, stocks and bonds and shown alphabetically with the share quantity or pnnapal amount of bon s. Restricted positions may not be marginable or transferable, and generally cannot be sold until restrictive legend is lifted. Income 8 Distributions reflects Bie total of dividends, interest, partrrership distributions and other income credited to your account during Bus statement period as well as year-to-date. Return of Principal Information appears separately and is not included as part of your 'Total Income.' The schedule K-1 showing the taxpayer's share of the net income or loss will be provided directly from the partrierslup to tl~e investor. Cash Activity Highlights displays Funds AddedlFunds WiBrdrawn for the statement pperiod and YTD. Included are Federal Funds wires, Automated Clearing House (ACH) funds and journal entries between separate accounts. All Margin Accounts reflect margin interest charged to your account during ttus period and year- to-date. For some accounts, interest charges appear in a separate section. Asset Composition (COMMAND) reflects the percentage breakdown of priced 'long' positions displayed witlvn Portfolio Detail. The pie chart does not display short or unpriced positions, nor cash credits (debits). The following notes may appear on your Statement: Listed options are available for Bus secun(y E The price shown is an estimate derived from a pricing matrix or model. Actual price may be Mgher or lower, if sold prior to maturity. For information, call your Financial Advsor. • This position is shown at face value (par). If available, current market price may be significantly different. M Indicates secunhes held in a margin account. a The price reflected and quantity owned have been provided by tl~e fund's general partrier. • The general value of these securities has been reduced to reflect any anticipated principal payments that will be credited on the next payment date. Anticipated principal payments may be displayed as a seppante line of detail for mortgage- backed secunhes that carry amortized value (AV) factors. Realized and Unrealized Gains (Losses) Realized gains (losses) are reflected on a trade date basis for transactions settling during Bie current period or the Tax Information (Retirement Accounts) reflects the tax-reportable period in which tl~e shares were received, if later. Estimated unrealized gams (losses) contributions received for the current and prior IRS reportable years, as well as are displayed for most securities. The cost basis used in determining gams (losses) distributions for the current calendar year. does not reflect wash sales and may not reflect certain capital adjustments. Most exchanges reflected on this statement are treated as nontaxable, unless or until Portfolio Detail reflects all securities holdings and other investments in your other information has been communicated to us. Cost basis of preferred securities account. Unless otherwise specified, all securities are 'long.' Prices in the Portfolio with original issue discount ('OID') is not adjusted for the accretion of OID. For most Detail are obtained from various quotation services which we believe to be reliable, long positions transferred between beneficial owners, the transferor's cost basis will but we cannot guarantee their accuracy. Prices are based on the closing prices for be retained. For shares acquired from a decedent, you should consult your tax 'exchange-listed' securities or are generally the 'bid price' for unlisted securities at advisor to determine the appropriate valuations and holding period that applies. month-end. Unlisted preferred securities are paced via evaluation models and Although the cost basis shown mayy have been adjusted, your cost basis may valuation risk factors. They do not necessarily represent the prices at which those require additional adjustments. We do not represent the calculations of securities could have been bought or sold. Certain inactively traded securities are not realized and unrealized gains (losses) as an offiaal tax accounting of such priced and are not included in the Priced Securities Value total. The markets for some figures: For tax purposes, you should rely on your own records end the fixed income, preferred and restricted securities may not be liquid, and prices maybe Consolidated Statement (Form 1099). For details, please refer to the approximations or estimates. Prices may be based on: recent transactions or bids, if COMMAND Account Program Description. available; independent quotation services that use computerized valuation formulas to calculate prices based on institutional quantities; or estimates. Neitl~er prices nor Account Activity reflects all settled transactions in your account in approximations represent quotations by the Firm, and prices for retail quantities of chronological sequence during the statement period. In COMMAND/BusinessEdge some fixed income securities, including but not linpted to mortgage-backed securities, Accounts, achwty is displayed by the activity category (unless you have opted for a are likely to be different than institutional prices. All fixed income secunhes may be chronolog~'cal display). In the Diwdend Reinvestment section, fractional shares in callable. If the security is called, it may affect the yield you receive. Certain Urut Closed End Funds and Egwty Securities are book entry only and cannot be Investment Trusts tl~at are marginable are valued al the sponsor's repurchase price. transferred or delivered. Those not marginable are generally valued at the public offering price. Yields on Wachovia Securities is a member of Sectities Ineestor Protection Corporation ppriced Urpt Irnestment Trusts exclude accrued interest Prices of managed futixes (SIPC). SIPC protects most securities in the majority of, but not all accounts (fa fimds have been estimated; actual values are provided to irnestors in a separate instance, BrokerlDealer and accounts held by Banks for (heir own benefit are not monody financial update. Estimated Accrued Interest is the estimated amount That covered), up to $500,000 (including up to $100,000 for cash), in Bie unlikely event of a SIPC liquidation. In addition, Wachovia Securities maintains a'Net Equity' Excess of SIPC program, which provides coverage for the total amount of cash and fiAly paid- for securities. This coverage does not protect your account from losses that result from fluctuations in tiie market value of your investments. Wachovia Securities is not a bank, and securities offered through us are not backed or guaranteed by ark bank or insured by the FDIC unless otherwise expressly indicated. Funds placed in deposit accounts at FDIGinsured institutions are insured by the FDIC up to $100,000 (principal and accrued interest) when aggregated with other funds held in each insurable capacity at each depository institution. If yours is a margin account, this is a combined statement of your Margin Account and Special Memorandum Account maintained for you raider Section 220.6 of - Regulation T issued by Bre Board of Governors of the Federal Reserve System. The permanent record of tl~e Speaal Memorandum Account as required by Regulation T - rs available for yore inspection at your request. Any free credit balance, wtule Properly accounted for on our books or records, is not segregated from other cash balances held by tlus corporation (with the exception of regulated commodity accounts) and may be used rn the normal conduct of business. Your free credit balance is payable to you upon written notification to us. Our interest period runs from the Bard Friday of the last month to the Bard Thursday of the current month. Interest is calculated daily based on the net daily debit balance which includes any credit and debit balances in your cash, escrow and margin accounts during the interest period. The interest charge is determined y multiplying the net dailyy debit balance by the rate of interest and a fraction, the numerator of which is the number of days the debd exists and the denominator of which is Buee hundred sixty (360). Tips statement will show the average net daily debit balance and the interest rate used to arrive at the amount of interest charged. Interest is charged in accordance with the interest computation schedule previously Provided to you pursuant to Rule tOb-16 of the Securities Exchange Ad of 1934. Interest is charged on the daily debit balance in your account, and such interest charges, if not paid, will be added to the debit balance in your account for the next period. An annual fee of S75 is debited to most Basic Securities Accounts. Accounts within a COMMAND Plus household, and households excee6ng $1,000,000 in long market value or $10,000 in commissions over the previous 12 months, are not sub ect to Bus fee. Retirement and BusinessEdge accounts are exempt. Accounts of nor}~S offices may incur other fees. If account statements and other correspondence mailed to you are retained by the Postal Service as undeliverable and we are unable to locate you through reasonable efforts, a safekeeping fee of $25 per quarter is charged. Information regarding all charges in yyour account will be made available to you upon request. A financial statement of Wachovia Securities will be mailed to you upon request Furtlier information with respect to commissions and other charges related to the execution of listed oPbon transactions has been included in confirmations of such transactions previously famished to you, and such information will be made available to you promptly upon request of your branch office. This statement is an official record of your account. All account statements sent to yyou shall be considered binding upon you if not objected to in writing wiBpn ten days. please contact your Financial If ou have any questions concerning then accuracy , Advisor or local branch manager immediately. All checks are to be made payable to Wachovia Securities. Please advise your Financial Advisor of any change(s) to yorx Investor Profile (e.g., objectives or financial condition, name or address change). We will confirm certain profile changes and mail you an annual verification of your complete profile. For comments or questions regarding service-related issues, please contact your focal branch or Client Relations at Bre address above or tdl-free at 1-88&7741774 (or 1- 212-778-2795 collect from overseas). pozo osarl a S Y m m z WACHOVIA SECITRITIES Your Financial Advisor: FRED P KENNEY 3399 PGA BLVD. STE 400 PALM BEACH GARDENS FL 33410 561-624.5199 / 888-246-7564 Copies of this statement have been sent to an interested party. Please contact Your Financial Advisor for details. For Banking Inquiries: En Espanol: (800) 266.6263 (800) 326-8977 Total Value Comparison Asset Allocation (Portfolio Assets) Cash and Money Market Stocks and Options Fixed Income Securities ~vmmana N-sse>< rrvgram t/,~,3 VILLAGE OF TEQUESTA Page 1 of23 PUBLIC SAFETY OFFICERS PENSION TRUST FUND ACCOUNT STATEMENT Sub !Branch !Rep !Account No. !CAP Account No. 001 / CC / CC12 / 8582-0313 19075225708 September 1 -September 30, 2004 Gain/Loss Summary Realized Gain/Loss This period Year to date Short-term - $574.12 - $7,346.97 Long-term - $2,795.10 $55,236.95 Total Realized Gain/Loss - $3,369.22 $47,889.98 Unrealized Gain/Loss Current Short-term $38,627.50 Long-term $226,642.42 Total Unrealized Gain/Loss $265,269.92 FLAT12 044211 27G142G18225 YNNYY NNNNN NNNNNNNN 000010 1003 t 1/03 12/03 O1J04 02/04 03!04 04,'04 05!04 06/04 07/04 OB/04 09/04 Other l~ssets/Liabilities These positions reflect purchases made through us or information supplied to us; they are displayed for informational purposes only. If you no longer own any of these investments, p-ease tell us so we can update this section. These assets are not included to the net portfolio value, and are not Portfolio Summary Portfolio Ilssets Est. Ann. % Total Command Asset Program . »~~14 Investment Objective/Risk Tolerance: GROWTH + MODERATE Additional Information VILLAGE OF TE(~UESTA Page 2 of23 PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. /CAP Account No. 001 / CC ! CC12 / 8582-0313 ! 9075225708 September 1 -September 30, 2004 -Available Funds Cash -19,490.00 _Money Market 307,399.91 Available Margin 0_00 Total Funds Available $287,909.91 Sweep Option EVERGREEN US GOVERNMENT MONEY MARKET FUND CL S1 "Available Margin" reflects the approximate amount available as of the statement period ending date and should be reduced by any pending checks and Visa charges not yet cleared. This amount is the approximate amount available for withdrawal and loans. A margin loan is a variable rate loan secured by your account. Income Summary Tax-Exempt Income Year-to-Date: $0.00 Other Income Year-to-Date: $4,927.50 Tax-exempt income and other income year-to-date totals are taken from the tax reporting system. They may not match back to the activity summary due to reclassification activity. Money market income can be either taxable or tax exempt and is not reflected in either of these totals. The YTD Money market income is displayed in the Cash Activity Summary. (Money market income from FDIC funds is shown in the Interest line of the Cash Activity Summary, not the Money market income line.) The Cash Activity Summary is based on the activity that has been shown on this statement, not what will be reported to you on your forms 1099. This statement is not a tax document, and should be used for informational purposes only. Cash Activity Summary Total Cash and Money Market Funds on Aug 31: $0.00 Credits Debiis Year-to-date Securities Purchased $0.00 - $162.143.00 - $162,143.00 Securities Sold and Redeemed $137 418.51 $0.00 $137,418.51 Deposits and Withdrawals $307,582.42 $0.00 $307,582.42 Withdrawals by Check $0.00 X0.00 $0.00 Electronic Banking Activity $0.00 $0.00 $0.00 Dividends $0.00 $0.00 $0.00 Interest $4,936.34 $0.00 $4,936.34 Money_Market Income _ $115.64 $0.00 $115.64 Short-term Distributions $0.00 $0.00 $0.00 Lonct-term Distributions $0.00 $0.00. _ $0.00 Return of Principal $0.00 $0.00 $0.00 Partnership Distributions X0.00 $0.00 $0.00 Interest Charged $0.00 $0.00 $0_00 Withholding-- $0.00 $0.00 $0.00 Other Activity $0.00 $0.00 0.00 Total Activi~ $450,052.91.__ - $162,143.00 $0.00 Total Cash and Money Market Funds on Sept 30: $287,909.91 a ,M. w. 1!,815 WACHOVIA SECURITIES Portfolio Assets VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep !Account No. !CAP Account No. 001 ! CC / CC12 / 8582-0313 / 9075225708 Page 3 of 23 ACCOUNT STATEMENT September 1 -September 30, 2004 This section includes estimated or unrealized gains or losses for your information only and should not be used for tax purposes. If acquisition information is not available, the gain/loss information may not be displayed and section and summary totals may not reflect your complete portfolio. Cost basis information provided by the account owner is not verified by First Clearing, LLC and should not be relied upon for legal or tax purposes. Bonds purchased at a premium or O.I.D. (Original Issue Discount) will be carried at the original cost basis. Factored bonds (GNMA, CMO, etc.) wilt be adjusted for paydo~vn of principal. Systematic investments in mutual funds and reinvested dividends for mutual funds and stocks have been consolidated for each position. Unit cost data for systematic investments and dividend reinvestment securities is provided for informational purposes only and is anon-weighted average. To update your cost information or provide omitted cost information, contact your Financial Advisor, Estimated Annual Income, when available, reflects the estimated amount you would earn on a security if your current position and its related income remained constant for a year. Estimated Annual Yield, when available, reflects the currentestimated annual income divided by the currentvalue of the security as of the statement closing date. The information used to derive these estimates is obtained from various outside vendors; FCC is not responsible for incorrector missing estimated annual income and yields. Cash and Money Market Funds Est current Description Current market value Est. ann. income yield;%) Cash - $19,490.00 EVERGREEN US GOVERNMENT MONEY MARKET FUND CL S1 Interest Period 09101/04 - 09/30/04 $307,399.91 $1,659.95 0.54 Total Cash and Money Market Funds $287,909.91 Curious how your securities are performing? The "Unrealized gain loss" column tells you how much each stock has increased or decreased in value since you bought it (based oncost data supplied by you or by outside services, which may not be complete), Revisions to this information (because of corporate mergers, tenders and other reorganizations, for example) may be necessary from time to time. To update your cost information or provide omitted costs, contact Your Financial Advisor. Stocks and Options Stocks Price or Cost or Current Current Unrealized Est. ann. Est. ann. Description Symbol Quantity adj. cost other basis price market value gain/loss income yield (°/ ) ALCON INC ACL Acquired 06!07/04 S' 300 76.89 $23,122.00 80.2000 $24,060.00 $938.00 $217.86 0.45 Acquired 09;23/04 S' 300 78.96 $23,743.00 $24,060.00 $317.00 Totai 600 _ $46,865.00 _ 80.2000 $48,120.00 $1,255.00 $217.86 0.45 AMBAC FINL GROUP INC ABK Acquired 06/18/03 L 250 69.13 $17,337.50 79.9500 $19,987.50 $2,650.00 $300.00 0.62 Acquired 10/14/03 S 250 71.74 $17,990.00 $19,987.50 $1,997.50 Acquired 10/22/03 S 100 70.84 $7,139.00 $7,995.00 $856.00 Total 600 $42,466.50 79.9500 $47,970.00 $5,503.50 $300.00 0.63 AMERICAN EXPRESS COMPANY AXP Acquired 02/04/03 L 400 34.95 $14,040.00 Acquired 04/22/03 L 400 36.52 $14,668.00 L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less) FLAT72 044211 276142618225 YNNYY NNNNN NNNNNNNN 000011 51.4600 $20,584.00 $20,584.00 $6,544.00 $5,916.00 $480.00 0.93 17,816 VILLAGE OF TE~UESTA Page 4 Of 23 PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No . /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 September 1 -September 30, 2004 Stocks and Options Stocks continued Price or Cost or Current Current Unrealized Est. ann. Est. ann. Description Symbol Quantity adj. cost other basis price market value gain loss income yield (%) Acquired 06/02/03 L 200 42.81 $8,617.00 __ $10,292.00 $1,675.00_ Total _ 1,000 $37,325.00 51.4600 $51,460.00 $14,135.00 $480.00 0.93 AMGENINC Acquired 07/31/02 L AMGN 200 45.74 $9,148.00 56.8100 $11,362.00 $2,214.00 N/A N/A Acquired 07/31/02 L 300 45.75 $13,725.00 $17,043.00 $3,318.00 Acquired 08/27/02 L 200 46.13 $9,281.00 $11,362.00 $2,081.00 Total _ 700 $32,154.00 56.8100 $39,767.00 $7,613.00 NIA N/A APOLLO GROUP INC CL A Acquired 12/11/01 L APOL 300 31.78 $9,589.00 73.3700 $22,011.00 _ $12,422.00 _ N/A N/A B J SERVICES CO Acquired 07/27/04 S BJS 400 47.86 $19,204.00 52.4100 $20,964.00 $1,760.00 $192.00 0.61 Acquired 09/16/04 S 200 49.78 $10,011.00 _ $10,482.00 $471.00 Total 600 $29,215.00 52.4100 $31,446.00 $2,231.00 $192.00 0.61 BED BATH 8 BEYOND INC Acquired 03114/01 L BBBY 200 27.11 $5,422.00 37.1100 $7,422.00 $2,000.00 N/A N/A Acquired OS/Ot/Ot L 300 28.58 $8,574.00 $11,133.00 $2,559.00 Acquired 05/01/01 L 200 28.60 $5,720.00 $7,422.00 $1,702.00 Acquired 10108!02 L 200 32.09 $6,419.00 $7,422.00 $1,003.00 Acquired 04/06104 S 200 39.70 $7,995.00 $7,422.00 - $573.00 Total 1,100 $34,130.00 37.1100 $40,821.00 $6,691.00 N/A N!A CAPITAL ONE FINANCIAL COF CORP Acquired 05/05!03 L 350 43.98 $15,448.00 73.9000 $25,865.00 $10,417.00 $74.69 0.14 Acquired 06/02/03 L 150 50.75 $7,636.07 $11,085.00 $3,448.93 Acquired 06;02/03 L 200 50.77 $10,185.43 $14,780.00 $4,594.57 Total 700 _ $33,269.50 73.9000 $51,730.00 $18,460.50 $74.69 0.14 CISCO SYSTEMS INC Acquired O6%02/03 L CSCO 800 17.19 $13,752.00 18.1000 $14.480.00 $728.00 N/A N!A Acquired O6/O6/03 L 200 17.72 $3,545.00 $3,620.00 $75.00 Total 1,000 _ $17,297.00 18.1000 $18,100.00 $803.00 N/A N/A COACH INC COH Acquired t 1/05/03 S 600 36.30 $21,870.00 42.4200 $25,452.00 $3.582.00 N/A N/A Acquired 03/04/04 S 400 43.17 $17,328.00 $16,968.00 - $360.00 Total 1,000 $39,198.00 42.4200 $42,420.00 $3,222.00 N/A N/A ' L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less) illlll ~ I IIII II III I IIII II III I II IIIII it II III I IIII I IIII II nnnn nnnan~ ~.o.~ n~~ r•. VILLAGE OF TEQUESTA Page 5 Of 23 WACHOVIA SECURITIES PUBLIC SAFETY OFFICERS PENSION A c c o u N T s TnT E M E N T TRUST FUND Sub J Branch !Rep /Account No. !CAP Account No. 001 / CC ! CC12 / 8582-0313 / 9075225708 September 1 -September 30, 2004 Stocks and Options Stocks confjnued Price or Cost or Current Current Unrealized Est. ann. Est. ann. Description Symbol Quantity adj. cost other basis price market value gain/loss _ income yield (/ ) DELL INC Acquired 08/22/02 L DELL 700 28.40 $19,880.00 35.6000 $24,920.00 $5,040.00 N!A N/A Acquired 10/21/02 L 300 100 29.06 32 12 $8,718.99 212 00 $3 $10,680.00 00 $3 560 $1,961.01 $348.00 Acquired 06/06/03 L . . , , . Total 1,100 $31,810.99 35.6000 $39,160.00 $7,349.01 N/A N/A EBAYINC Acquired 10/14/03 S EBAY 300 58.89 $17,722.00 91.9400 $27,582.00 $9,860.00 N/A N/A Acquired 04106/04 S 200 74.09 $14,873.00 $18,388.00 $3,515.00 Total 500 $32,595.00 91.9400 $45,970.00 $13,375.00 N/A N/A FEDEX CORPORATION Acquired 08/24/04 S FDX 300 81.64 $24,547.00 85.6900 $25,707.00 $1,160.00 $168.00 0.32 Acquired 09116/04 S 300 86.44 _ _ $25,987.00 $25,707.00 - $280.00 Total 600 $50,534.00 _ 85.6900 $51,414.00 $880.00 $168.00 0.33 _ GENENTECHINC Acquired 07/28/03 L DNA 200 40.57 $8,133.33 52.4200 $10,484.00 $2,350.67 N/A N/A Acquired 04/06/04 S 200 55.19 _ $11,093.00 $10,484.00 -$609.00 Total 400 $19,226.33 52.4200 $20,968.00 $1,741.67 N/A N/A GENERAL ELECTRIC COMPANY Acquired 02/16/00 L GE 300 45.29 $13,642.50 33.5800 $10,074.00 - $3,568.50 $960.00 2.38 Acquired 08/27/02 L 100 31.98 $3,253.00 $3,358.00 $105.00 Acquired t0/08/02 L 300 23.19 $7,012.00 $10,074.00 $3,062.00 Acquired 01/21;04 S 500 33.22 $16,685.00 $16,790.00 $105.00 Total 1,200 $40,592.50 33.5800 $40,296.00 - $296.50 $960.00 2.38 HARMAN INTL INDS INC NEW Acquired 04/06/04 S HAR 300 82.10 $24,685.00 107.7500 $32,325.00 _ $7,640.00 $15.00 0.04 INTERNATIONAL GAME tGT TECHNOLOGY Acquired01i07/03L 600 19.45 $11,714.25 35.9500 $21,570.00 $9,855.75 $672.00 1.33 Acquired 03/19/03 L 800 20.79 $16,691.00 $28,760.00 $12,069.00 Total 1,400 $28,405.25 35.9500 $50,330.00 $21,924.75 $672.00 1.34 L-3 COMMUNICATIONS HLDGS LLL INC Acquired 05/19/04 S 300 61.05 $18,370.00 67.0000 $20,100.00 $1,730.00 $240.00 0.59 ' L =Long-term (shares held more than 1 year), S =Short-term (shares held t year or less) FLAT 12 ~ 044211276142618225 YNNYY NNNNN NNNNNNNN 000012 VILLAGE OF TEGIUESTA - PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch !Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 17,818 Page 6 of 23 September 1 -September 30, 2004 Stocks and Options Stocks continued Price or Cost or Current Current Unrealized Est. ann. Est. ann. Description Symbol Quantity adj. cost other basis price market value ain/loss income yield (°/ ) Acquired 06/07/04 S 300 65.58 $19,729.00 $20,100.00 371.00 i Total 600 $38,099.00 67.0000 $40,200.00 $2,101.00 $240.00 0.60 LOWES COMPANIES INC Acquired 04/22/03 L LOW 300 45.19 $13,604.14 54.3500 $16,305.00 $2,700.86 $160.00 0.29 Acquired o6/02/03 L 300 400 42.79 54 65 $12,892.00 00 920 $21 $16,305.00 740.00 $21 $3,413.00 -$180.00 Acquired 09/30/04 S . , . , Total 1,000 $48,416.14 54.3500 $54,350.00 $5,933.86 $160.00 0.29 MARVELLTECHNOLOGY MRVL GROUP LTD Acquired 10/22/03 S 800 21.37 $17,156.00 26.1300 $20,904.00 $3,748.00 N/A N/A Acquired 04/06104 S _800 23.37 $18,760.00 ___ _ $20,904.00 $2,144.00 _ Total 1,600 $35,916.00 26.1300 $41,808.00 $5,892.00 N./A N/A MEDTRONIC INC Acquired t2/18/s7 L MDT 600 26.00 $15,655.00 51.9000 $31,140.00 $15,485.00 $301.50 0.64 Acquired 08/27/02 L 100 200 42.01 45 85 $4,256.00 225 00 $9 $5,190.00 380.00 $10 $934.00 $1,155.00 Acquired 10/22/03 S . . , , Total 900 $29,136.00 51.9000 $46,710.00 $17,574.00 $301.50 0.65 MICROSOFT CORP Acquired 04/21/99 L MSFT 600 40.68 $24,411.15 27.6500 $16,590.00 - $7,821.15 $448.00 1.15 Acquired 01/23/01 L 400 400 30.10 29 09 $12,042.50 00 $11 637 $11,060.00 00 060 $11 -$982.50 -$577.00 Acquiredtl/25/02L . , . . , _ __ Total 1,400 $48,090.65 27.6500 $38,710.00 - $9,380.65 $448.00 1.16 MOODY'S CORP Acquired 05!22/02 L MCO 300 49.29 $14,842.00 73.2500 $21,975.00 $7,133.00 $210.00 0.40 Acquired D6/14/02 L 300 100 46.27 55 52 $13,936.00 00 $5 310 $21,975.00 325 00 $7 $8,039.00 015.00 $2 Acquired 06/06/03 L . , _ . , , __ Total 700 $34,088.00 73.2500 $51,275.00 $17,187.00 $210.00 0.41 NEXTEL COMMUNICATIONS NXTL INC CLASS A Acquired 12/02/03 S 800 25.59 $20,592.00 23.8400 $19,072.00 - $1,520.00 N/A N/A Acquired Ot/i4/04 S 600 28.80 $17,370.00 $14,304.00 - $3,066.00 Total 1,400 $37,962.00 23.8400 $33,376.00 -$4,586.00 _ N/A N/A PFIZER INCORPORATED Acquired 04/04/00 L PFE 100 39.50 $3,965.00 30.6000 $3,060.00 - $905.00 $748.00 2.22 L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less) 111111 IiIIII II IIIIIIIIIIIIIIIIVIIIiI VII I IIIIIiIIIIII WACHOVIA SECURITIES Stocks and Options Stocks continued Description Acquired 08,'27/02 L Acquired 10/08/02 L Acquired 06106/03 L Arauired 12/18/03 S VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. /CAP Account No. 001 ! CC / CC12 / 8582-0313 /9075225708 Price or Cost or Current Current Unrealized Symbol Quantity adj. cost other basis price market value gainlloss 200 34.11 $6,877.00 $6,120.00 -$757.00 200 28.93 $5,841.00 $6,120.00 $279.00 100 33.04 $3,359.00 $3,060.00 - $299.00 500 34.34 $17,245.00 $15,300.00 -$1,945_00 17,819 Page 7 of 23 ACCOUNT STATEMENT September 1 -September 30, 2004 Est. ann. Est. ann. income yield (/ ~ Total 1,100 $37,287.00 _ _ 30.6000 $33,660.00 - $3,627.00 $748.00 2.22 PROCTER & GAMBLE CO PG Acquired 03/26!02 L 600 44.49 $26,696.90 54.1200 $32,472.00 $5,775.10 $800.00 1.84 Acquired 04/29!03 L 200 45.30 $9,115.00 $10,824.00 $1,709.00 _ Total 800 $35,811.90 54.1200 $43,296.00 $7,484.10 $800.00 1.85 SMITH INTL INC SII Acquired 06/17!04 S 500 54.35 $27,250.00 60.7300 $30,365.00 $3,115.00 N/A N/A Acquired 09/23/04 S 100 100 59.84 59 85 $6,011.50 012 50 $6 $6,073.00 073.00 $6 $61.50 $60.50 Acquired 09/23/04 S . , . , Total 700 $39,274.00 _ 60.7300 $42,511.00 $3,237.00 N/A N/A STARBUCKS CORP SBUX Acquired 04/08/03 L 100 26.03 $2,603.00 45.4600 $4,546.00 $1,943.00 N/A NIA Acquired 04/08/03 L 200 100 26.06 19 25 $5,212.00 50 519 $2 $9,092.00 $4,546.00 $3,880.00 $2,026.50 Acquired 04/22/03 L Acquired 04/22/03 L 100 . 25.20 . , $2,520.50 $4,546.00 $2,025.50 Acquired 06/06!03 L 300 200 24.69 44 82 $7,407.99 019 00 $9 $13,638.00 092.00 $9 $6,230.01 $73.00 Acquired 09/23/04 S . . , , _ Total 1,000 $29,281.99 45.4600 $45,460.00 $16,178.01 N/A N/A STRYKER CORP SYK Acquired 1t/05/D2 L 200 32.25 $6,477.50 48.0800 $9,616.00 $3,138.50 $70.00 0.14 Acquired 12/24/02 L 400 200 33.35 33 50 $13,395.00 00 755 $6 $19,232.00 $9,616.00 $5,837.00 $2,861.00 Acquired oa/29/03 L Acquired 09/16/04 S 200 . 46.92 , . $9,439.00 $9,616.00 $177.00 Total 1,000 $36,066.50 48.0800 $48,080.00 $12,013.50 $70.00 0.15 SYMANTEC CORP SYMC Acquired 11/05/02 L 200 20.82 $4,164.33 54.8800 $10,976.00 $6,811.67 Acquired 11/25/02 L 600 400 22.44 24 43 $13,464.99 775 00 $9 $32,928.00 $21,952.00 $19,463.01 $12,177.00 Acquired 06/06/03 L . _ , . Total 1,200 $27,404.32 54.8800 $65,856.00 $38,451.68 WACHOVIA CORP 2ND NEW WB Acquired 02/04/03 L 400 35.21 $14,144.00 46.9500 $18,780.00 $4,636.00 Acquired 04!29/03 L 400 37.98 $15,252.00 $18,780.00 $3,528.00 ' L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less) N/A NIA N/A N/A $1,600.00 3.40 FLATt2 044211276142618225 YNNYY NNNNN NNNNNNNN 000013 17,820 VILLAGE OF TEG~UESTA Page 8 of 23 PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 /9075225708 September 1 -September 30, 2004 Stocks and Options Stocks continued Price or Cost or Current Current Unrealized Est. ann. Est. ann. Description Symbol Quantity adj. cost other basis price market value $ain/loss income yield (%) Acquired 09/23/03 L 200 41.84 $8,423.00 $9,390.00 $967.00 Total 1,000 $37,819.00 46.9500 $46,950.00 $9,131.00 $1,600.00 3.41 Total Stocks $1,064,010.57 $1,306,550_00 $242,539.43 $7,657.05 0.59 Total Stocks and Options $1,064,010.57 $1,306,550.00 $242,534.43 $7,657.05 0.59 ' L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less) Fixed Income Securities Corporate Bonds Price or Cost or Current Current Unrealized Est. accrued Est. ann. Est. ann. Description Quantity adj. cost other basis price market value gainlloss interest income yield (/ j AMERITECH CAPITAL FDG BONDS NON CALL LIFE CPN 6.300°/ DUE 10/15/04 DTD 10/t 0197 FC 04/15/98 Moody Al , S&P A CUSIP 030955AH1 Acquired 10/22/97 L' 25,000 99.12 $24,780.75 100.1190 $25,029.75 $249.00 $722.00 $1,575.00 6.29 PENN PWR & LT 1ST MTG BD NON CALL LIFE CPN 6.5009 DUE 04/01/05 DTD 04/01P33 FC 10!01/93 Moody BAA1. S&P A- CUSIP 709051 BU9 Acquired 11!17199 L 25,000 _ 98.22 $24,556_25 _ 101.8590 $25,464.75 PUBLIC SVC ELEC 8 GAS 1ST REF MTG CALL @MAKE WHOLE +10BP CPN 6.250°/ DUE 01/01/07 DTO 01101/96 FC 07101/96 Moody A3 , S8P A- CUSIP 744557DT2 Acquired 05!04/98 L 25,000 100.00 $25,000.00 106.0000 $26,500.00 ' L =Long-term (shares held more than tyear), S =Short-term (shares held 1 year or less; IIIIII IIIIII II~III IIIIIIIIIIIII'IIIII II II'~III~II~III $908.50 $808.00 $1,625.00 6.38 $1,500.00 $386.25 $1,562.50 5.89 WACHOVIA SECURITIES VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 1 /,ti11 Page 9 of 23 ACCOUNT STATEMENT September 1 -September 30, 2004 Fixed Income Securities Corporate Bonds continued Price or Cost or Current Current Unrealized Est. accrued Est. ann. Est. ann. Description Quantity adj. cost other basis price market value gainlloss interest income yield (°/ ) BANKERS TRUST NY MEDIUM TERM NOTES NON CALL LIFE CPN 6.700% DUE 10/01/07 DTD 10/07/97 FC 04/01!98 Moody A2 , S&P A CUSIP 06636QA87 Acquired 10/22/97 L 25,000 99.56 $24,891.75 109.9010 $27,475.25 $2,583.50 $832.75 $1,675.00 6.09 CSX TRANSPORTATION INC EQUIPMENT TRUST SERIES 93-A CPN 6.480% DUE 03/15/08 DTD 03/17/93 FC 09/15!93 Moody Al , S&P A CUSIP 126410EC9 Acquired 05104/98 L 25,000 101.42 $25,355.75 109.0410 $27,260.25 $1,904.50 $67.50 $1,620.00 5.94_ FIRST UNION CORP SUB NOTES NON CALL LIFE CPN 6.000 % DUE 10/30/08 DTD 10/22/93 FC 04/30/94 Moody Al , S&P A- CUSIP 337358AU9 Acquired 09/02/98 L 25,000 99.09 $24,773.25 _ 108.6410 $27,160.25 $2,387.00 $625.00 $1,500.00 5.52 VERIZON NEW ENGLAND INC SENIOR NOTES CPN 6.500°/ DUE 09/15/11 DTD 08/21/01 FC 03/15/02 Moody AA3 , S&P A+ CUSIP 92344RAA0 Acquired 08/27/02 L 25,000 100.87 $25,218.75 110.0510 $27,512.75 $2,294.00 $67.75 $1,625.00 5.90 CREDIT SUISSE FB USA INC GLOBAL NOTES CALLABLE CPN 6.500% DUE 01/15!12 DTD 01/11!02 FC 07/15/02 Moody AA3 , S&P A+ CUSIP 22541LAC7 Acquired 07/30/02 L 25,000 101.12 $25,282.00 ' L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less) 111.2290 $27,807.25 $2,525.25 $338.50 $1,625.00 5.84 FLAT12 044211276142618225 yNNYY NNNNN NNNNNNNN 000014 17,822 VILLAGE OF TEQUESTA Page 10 of 23 PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 /9075225708 September 1 -September 30, 2004 ~ Fixed Income Securities Corporate Bonds continued Price or Cost or Current Current Unrealized Est. accrued Est. ann. Est. ann. Description Ouantity adj. cost other basis price market value gainAoss interest income yield (%) BANK OF AMERICA CORP GLOBAL NOTES CPN 5.375% DUE 06/15/14 DTD 06/08/04 FC 12/15!04 Moody AA2 , S&P A+ CUSIP 060505BM5 Acquired 07/06/04 S 50,000 99.87 $49,937.50 104.0030 $52,001.50 $2,064.00 $836.00 $2,687.50 5.16 Total Corporate Bonds 250,000 $249,796.00 $266,211.75 $16,415.75 $4,683.75 $15,495.00 5.82 ' L =Long-term (shares held more than 1 year), S =Short-term (share s held 1 year or less) Government Bonds Price or Cost or Current Current Unrealized Est. accrued Est. ann. Est. ann. Description Quantity adj. cost other basis _ price _ market value gainlloss interest income yield (%) FEDERAL HOME LOAN BANK BONDS CPN 6.240°/ DUE 12!11/06 DTD 12111/96 FC 06/11/97 Moody AAA , S&P AAA CUSIP 3133955U5 Acquired 10/22/97 L' 25,000 98.68 $24,671.88 _ 107.0170 $26,754.25 $2,082.37 $472.25 $1,560.00 5.83 FEDERAL HOME LOAN MTG CO GLOBAL NOTES REFERENCE NOTES CPN 3.500% DUE 09/15/07 DTD 09/16/02 FC 03/15/03 Moody AAA CUSIP 3134A4RH9 Acquired 08/07/03 L 50,000 101.55 $50,778.91_ 100.8770 $50,438.50 - $340.41 $73.00 $1,750.00 3.46 FEDERAL HOME LOAN BANK I ~ BONDS NON-CALLABLE CPN 5.250 % DUE 02/13/09 DTD 02/15/02 FC 08/15/02 Moody AAA CUSIP 3133MLT88 Acquired 04/23/02 L 25,000 99.19 $24,799.78 106.3940 $26,598.50 $1,798.72 $164.00 $1,312.50 4.93 ' L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less) IIII II I I Ili! II III I Ili! II III I II VIII II II III' lilt III II II °?~~ WACHOVIA SECURITIES VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 /9075225708 17,823 Page 11 of 23 ACCOUNT STATEMENT September 1 -September 30, 2004 Fixed Income Securities Government Bonds continued Price or Cost or Description Quantity adj. cost other basis FEDERAL HOME LOAN BANK BONDS CALLABLE CPN 4.100% DUE 03/30/09 DTD 09!30/03 FC 03/30!04 CALL 09/30/05 @ 100.000 CUSIP 3133X15Y9 Acquired 09/08/03 L 50,000 100.00 $50,000.00 FEDL FARM CREDIT BANK BONDS CALLABLE CPN 5.000% D'JE 08/25/10 DTD 08/25/03 FC 02/25/04 CALL 08/25/05 @ 100.000 CUSIP 31331TBH3 Acquired 08/14/03 L 50,000 100.00 $50,000.00 FEDERAL HOME LOAN BANK BONDS CALLABLE CPN 4.700% DUE 10/04/11 DTD 10/04/04 FC 04/04/05 CALL 04/04/05 @ 100.000 S&P AAA CUSIP 3133X8RQ7 Acquired 09/17!04 S 50,000 100.00 $50,000.00 FEDERAL HOME LOAN BANK BONDS CALLABLE CPN 5.5509', DUE 10/18/11 OTD 10/18/01 FC 04/18/02 CALL 10/18/04 @ 100.000 Moody AAA CUSIP 3133MJ2Y5 Acquired 11/05/01 L 50,000 99.98 $49,992.19 ' L =Long-term (shares held more than tyear), S =Short-term (shares held 1 year or less} Current Current price market value 100.1270 $50,063.50 101.4350 99.8460 100.1540 $50,717.50 $49,923.00 $50,077.00 Unrealized Est. accrued gain/loss interest Est. ann. Est. ann. income yield I%) $63.50 $2,050.00 4.09 $717.50 $243.00 $2,500.00 4.92 - $77.00 $2,350.00 4.70 $84.81 $1,249.00 $2,775.00 5.54 FLAT12 044211276142618225 YNNYY NNNNN NNNNNNNN 000015 17,824 VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep I Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 /9075225708 Page 12 of 23 September 1 -September 30, 2004 Fixed Income Securities Government Bonds continued Price or Cost or Current Current Unrealized Est. accrued Est. ann. Est. ann. Description Quantity adj. cost other basis price market value gain/loss interest income yield (% ) FEDL HOME LOAN MTGE CORP GLOBAL NOTES CPN 6.250 % DUE 03/05!12 DTD 03/05!02 FC 09/05/02 CALL 03/05/07 @ 100.000 Moody AA2 . S&P AA- CUSIP 3134A4MF8 Acquired 04/17/02 L 25,000 100.50 $25,125.00 105.9630 $26,490.75 $1,365.75 $108.50 $1,562.50 5.89 FEDERAL HOME LOAN BANK BONDS CALLABLE CPN 5.250°/ DUE 10!17/13 DTD 10%17/03 FC 04/17!04 CALL 10/17/05 @ 100.000 Moody AAA . S&P AAA CUSIP 3133X1GS0 Acquired 09/23/03 L 50,000 100.00 $50,000.00 100.5650 $50,282.50 $282.50 $1,188.50 $2,625.00 5.22 FEDERAL HOME LOAN BANK BONDS CALLABLE CPN 5.200°/ DUE 01/23114 DTD 01/23!04 FC 07!23!04 CALL 01/23/06 @ 100.000 CUSIP 3133X3FB4 Acquired 01/08/04 S 50,000 100.00 $50,000.00 100.3750 $50.187.50 $187.50 $484.00 $2,600.00 5.18 FEDERAL HOME LOAN BANK BONDS CALLABLE CPN 5.000% DUE 04/15/14 DTD 04/15r04 FC 10/15/04 CALL 04/15/05 @ 100.000 S8P AAA CUSIP 3133X5TM0 Acquired 03/31/04 5 50,000 100.00 $50,000.00 99.1520 $49,576.00 - $424.00 $1,146.00 $2,500.00 5.04 ' L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less] I WACHOVIA SECURITIES Fixed Income Securities Government Bonds continued Description FEDERAL HOME LOAN BANK BONDS CALLABLE CPN 5.550% DUE 08/18/14 DTD 08/t8/04 FC 02/18/05 CALL 08/18/05 @ 100.000 Moody AAA , S&P AAA CUSIP 3133X8386 Acquired 07/23/04 S Total Government Bonds Price or Quantity adj. cost VILLAGE OF TE(IUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep !Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 Cost or Current Current other basis price market value i r.ts[7 Page 13 of 23 ACCOUNT STATEMENT September 1 -September 30, 2004 Unrealized Est. accrued Est. ann. Est. ann. gainAoss interest income yield (%) 50,000 100.00 __$_50,000.00 _1_01.1470_ $50,573.50_ _$573.50 $324.00 $2,775.00 5.48 525,000 $525,367.76 $531,682.50 $6,314.74 $5,452.25 $26,360.00 4.96 Total Fixed Income Securities $775,163.76 $797,894.25 $22,730.49 $10,136.00 $41,855.00 5.25 ' L =Long-term (shares held more than 1 year), S =Short-term (shares held 1 year or less) Activity Detail Securities Purchased Date Account Type Transaction Quantity _ __Description_ Price Amount 09/16 Cash PURCHASE 200.00000 _B J SERVICES_CO 49.7800 -$10,011.00 09/16 Cash PURCHASE 300.00000 FEDEX CORPORATION 86.4400 -$25,987.00 09/16 Cash PURCHASE 200.00000 STRYKER CORP 46.9200 -$9,439.00 09/20 Cash PURCHASE 50,000.00000 FEDERAL HOME LOAN BANK 100.0000 -$50,000.00 BONDS CALLABLE CPN 4.700% DUE 10/04/11 DTD 10!04/04 FC 04/04/05 CALL 04/04/05 @ 100.000 CUSIP 3133X8RQ7 09/23 Cash PURCHASE 300.00000 ALCON INC 78.9600 -$23,743.00 FLAT12 044211276142618225 YNNYY NNNNN NNNNNNNN 000O1G 17 B?6 VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 Activity Detail continued Page 14 of 23 September 1 -September 30, 2004 Securities Purchased Amount Date Account Type Transaction Quantity Description Price __ 8400 59 -$6,011.50 09/23 Cash PURCHASE 100.00000 SMITH INTL INC . 50 012 -$6 09!23 Cash PURCHASE 100.00000 SMITH INTL INC _ 59.8500 . , 00 019 -$9 09/23 Cash PURCHASE 200.00000 STARBUCKS CORP 44.8200 . , 00 920 -$21 09130 Cash PURCHASE 400.00000 LOWES COMPANIES INC 54.6500 . , 00 143 - $162 Total Securities Purchased : . , Securities Sold and Redeemed Date Account Type Transaction Quantity _ Description - ---- Price Amount 50 562 $50 h C SALE - 50,000.00000 FEDL HOME LOAN MTG CORP 101.1250 . , $ 796'87 as 09/20 ACCRUED INT MEDIUM TERM NOTES CALLABLE CPN 4.250% DUE 05/05/10 DTD 05/05/03 FC 11/05/03 AS OF 9117!04 CUSIP 3128X06K0 SALE 000.00000 - 1 TEVA PHARMACEUTICAL 25.8600 $25,759.39 09/23 Cash , ADR INDS LTD SALE - 400.00000 TEVA PHARMACEUTICAL 25.8500 $10,299.75 09/23 Cash ADR INDS LTD 09/30 Cash REDEMPTION 50,000.00000 FEDERAL HOME LOAN BANK $50,000.00 BONDS CALLABLE CPN 5.620% DUE 09/30/13 DTD 09!30!03 FC 03/30/04 CALL 09/30;04 @ 100.000 CUSIP 3133X15N3 Total Securities Sold and Red eemed : $137,418.51 =•::~ss, WACHOVIA SECURITIES ctivity Detail continued PUBLIC SAFETI(OOFFICERS PENSION TRUST FUND Sub !Branch /Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 17,877 Page 15 of 23 ACCOUNT STATEMENT September 1 -September 30, 2004 Deposits and Withdrawals Date Account Type Transaction Description Amount 09/03 Cash ASSET TRF CASH BALANCE TRANSFER FROM PRUDENTIAL $169,019.00 09/04 Cash ASSET TRF CONY BALANCE TRF OLD ACCOUNT: 01 K96385 $124,781.03 09/04 Cash ASSET7RF 300.00000 ALCONINC _$0.00 _ 09/04 Cash ASSET TRF 600.00000 AMBAC FINL GROUP INC $0.00 09/04 Cash ASSET TRF 1,000.00000 AMERICAN EXPRESS COMPANY $0.00 09/04 Cash ASSET TRF 700.00000 AMGEN INC $0.00 09/04 Cash ASSET TRF 300.00000 APOLLO GROUP INC CL A $0.00 09104 Cash ASSET TRF 400.00000 B J SERVICES C_O $0.00 09/04 Cash ASSET TRF 1,100.00000 BED BATH 8 BEYOND INC $0.00 09104 Cash ASSET TRF 700.00000 CAPITAL ONE FINANCIAL CORP $0.00 _ 09/04 Cash ASSET TRF 1,000.00000 CISC_O SYSTEMS INC $0.00 09/04 Cash ASSET TRF 1,000.00000 COACH INC $0.00 09/04 Cash ASSET TRF 1,100.00000 DELL INC $0.00 09/04 Cash ASSET TRF 500.00000 EBAY INC $0.00 09/04 Cash ASSET TRF 300.00000 FEDEX CORPORATION $0.00 09/04 Cash ASSET TRF 400.00000 GENENTECH INC $0.00 09/04 Cash ASSET TRF 1,200.00000 GENERAL ELECTRIC COMPANY $0.00 09/04 Cash ASSET TRF 300.00000 HARMAN INTL INDS INC NEW $0.00 09/04 Cash ASSET TRF 1,400.00000 INTERNATIONAL GAME TECHNOLOGY $0.00 09/04 Cash ASSET TRF 600.00000 L-3 COMMUNICATIONS HLDGS INC $0.00 09/04 Cash ASSET TRF 600.00000 LOWES COMPANIES INC $0.00 09104 Cash ASSET TRF 1,600.00000 MARVELITECHNOLOGY GROUP LTD $0.00 09/04 Cash ASSET TRF 900.00000 MEDTRONIC INC $0.00 09!04 Cash FLAT12 ASSET TRF 044211176142618225 1,400.00000 MICROSOFT CORP YNNYY NNNNN NNNNNNNPJ 000017 $0.00 VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub !Branch /Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 Activity Detail continued Deposits and Withdrawals Date Account Type Transaction Description 09/04 Cash ASSET TRF 700.00000 MOODY'S CORP 09/04 Cash ASSET TRF 1,000.00000 WACHOVIA CORP 2ND NEW 09104 Cash ASSET TRF 1,400.00000 NEXTEL COMMUNICATIONS INC CLASS A 17,828 Page 16 of 23 September 1 -September 30, 2004 Amount $0.00 $0.00 $0.00 09/04 Cash ASSET TRF 1,100.00000 PFIZER INCORPORATED $0.00 09/04 Cash ASSET TRF 800.00000 PROCTER 8 GAMBLE CO $0.00 09/04 Cash ASSET TRF 500.00000 SMITH INTL INC $0.00 09/04 Cash ASSET TRF 800.00000 STARBUCKS CORP $0_00 0 9/04 Cash ASSET TRF 800.00000 STRYKER CORP _ $0.00 _ 09/04 Cash ASSET TRF 1,200.00000 SYMANTEC CORP $0.00 09/04 Cash ASSET TRF 1,400.00000 TEVA PHARMACEUTICAL $0.00 ADR INDS LTD _ 09/04 Cash ASSET TRF 25,000.00000 AMERITECH CAPITAL FDG $0.00 BONDS NON CALL LIFE CPN 6.300% DUE 10/15/04 DTD 10/10/97 FC 04/15198 CUSIP 030955AH1 09/04 Cash ASSET TRF 50,000.00000 BANK OF AMERICA CORP $0.00 GLOBALNOTES CPN 5.375°/ DUE 06/15/14 DTD 06108/04 FC 12/15!04 CUSIP 0505058M5 09/04 Cash ASSET TRF 25,000.00000 BANKERS TRUST NY $0.00 MEDIUM TERM NOTES NON CALL LIFE CPN 6.700% DUE 10/01/07 DTD 10/07!97 FC 04/01/98 CUSIP 06636~AB7 09/04 Cash ASSET TRF 25,000.00000 CREDIT SUISSE FB USA INC $0.00 GLOBAL NOTES CALLABLE CPN 6.500% DUE 01/15!12 DTD 01/11/02 FC 07/15/02 CUSIP 22541 LAC7 t. IIIIII~IIIIIIIIIIIIIII~I IIII'IIIIIIIIII'll IIII'IIII~II ,.K, , WACHOVIA SECURITIES Activity Detail continued Deposits and Withdrawals Date Account Type Transaction 09104 Cash ASSET TRF I 09/04 Cash ASSET TRF VILLAGE OF TE~UESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. !CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 Description 25,000.00000 FEDL HOME LOAN MTGE CORP GLOBAL NOTES CPN 6.250% DUE 03/05/12 DTD 03/05/02 FC 09/05/02 CALL 03!05!07 @ 100.000 CUSIP 3134A4MF8 50,000.00000 FEDERAL HOME LOAN MTG CO GLOBAL NOTES REFERENCE NOTES CPN 3.500% DUE 09/15/07 DTD 09/16/02 FC 03/15/03 CUSIP 3134A4RH9 1 / N1J Page 17 of ?3 ACCOUNT STATEMENT September 1 -September 30, 2004 Amount $0.00 $0.00 09/04 Cash ASSET TRF 25,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS CPN 6.240%DUE 12/11/06 DTD 12/11/96 FC 06/11/97 CUSIP 3133955U5 09104 Cash ASSET TRF 50,000.00000 FEDL FARM CREDIT BANK $0.00 BONDS CALLABLE CPN 5.000% DUE 08/25/10 DTD 08/25/03 FC 02/25/04 CALL 08/25/05 @ 100.000 CUSIP 31331TBH3 09/04 Cash ASSET TRF 50,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS CALLABLE CPN 4.100% DUE 03/30/09 DTD 09/30/03 FC 03/30104 CALL 09/30/05 @ 100.000 CUSIP 3133Xt5Y9 09/04 Cash ASSET TRF 50,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS CALLABLE CPN 5.620% DUE 09/30/13 DTD 09/30/03 FC 03/30/04 CALL 09/30/04 @ 100.000 CUSIP 3133X15N3 fLAT12 044211276142618225 YNNYY NNNNN NNNNNNNN 000018 17,830 VILLAGE OF TEQUESTA Page 18 of 23 PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub !Branch /Rep /Account No. !CAP Account No. 001 / CC / CC12 ! 8582-0313 / 9075225708 September 1 -September 30, 2004 Activity Detail continued Deposits and Withdrawals Date Account Type Transaction Description Amount 09/04 Cash ASSET TRF 50,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS CALLABLE CPN 5.000°/ DUE 04/15/14 DTD 04/15!04 FC 10/15104 CALL 04/15/05 @ 100.000 CUStP 3133X5TM0 09/04 Cash ASSET TRF 50,000.00000 FEDL HOME LOAN MTG CORP $0.00 MEDIUM TERM NOTES CALLABLE CPN 4.250°/ DUE 05/05/10 DTD 05/05/03 FC 11/05/03 CUSIP 3128X06K0 09/04 Cash ASSET TRF 50,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS CALLABLE CPN 5.250% DUE 10/17/13 DTD 10/17!03 FC 04/17/04 CALL 10/17/05 @ 100.000 CUSIP 3133X1GS0 09/04 Cash ASSET TRF 50,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS CALLABLE CPN 5.200% DUE 01/23/14 DTD 01123/04 FC 07!23/04 CALL 01/23/06 @ 100.000 CUSIP 3133X3FB4 09104 Cash ASSET TRF 50,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS CALLABLE CPN 5.550% DUE 08/18!14 DTD 08!18/04 FC 02/18/05 CALL 08/18/05 @ 100.000 CUSIP 3133X8386 09/04 Cash ASSET TRF 50,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS CALLABLE CPN 5.550°/ DUE 10/18/11 DTD 10/18/01 FC 04/18/02 CALL 10/18/04 @ 100.000 CUSIP 3133MJ2Y5 III'IIII~IIIII~III~IIIIIIII(IIIIIII'III~I~IIII'IIIIIII t /,a31 VILLAGE OF TEGIUESTA Page 19 of23 WACHOVIA SECURI TIES UND TY OFFICERS PENSION TR ST A c c o u tv T s TAT E M E N T F U Sub /Branch I Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 September 1 -September 30, 2004 Activity Detail continued Deposits and Withdrawals Date Account Type Transaction Description Amount 09/04 Cash ASSET TRF 25,000.00000 FEDERAL HOME LOAN BANK $0.00 BONDS NON-CALLABLE CPN 5.250% DUE 02/13/09 DTD 02/15/02 FC 08/15/02 CUSIP 3133MLT88 09/04 Cash ASSET TRF 25,000.00000 FIRST UNION CORP $0.00 SUB NOTES NON CALL LIFE CPN 6.000% DUE 10/30/08 DTD 10/22/93 FC 04130/94 CUSIP 337358AU9 09/04 Cash ASSET TRF 25,000.00000 PENN PWR & LT $0.00 1ST MTG BD NON CALL LIFE CPN 6.500% DUE 04/01/05 DTD 04!01,53 FC 10/01!93 CUSIP 709051BU9 09/04 Cash ASSET TRF 25,000.00000 PUBLIC SVC ELEC & GAS $0.00 1ST REF MTG CALL @MAKE WHOLE +10BP CPN 6.250% DUE 01/01/07 DTD 01/01/96 FG 07/01/96 CUSIP 744567DT2 09/04 Cash ASSET TRF 25,000.00000 CSX TRANSPORTATION INC $0.00 EQUIPMENT TRUST SERIES 93-A CPN 6.480% DUE 03/15/08 DTD 03/17!93 FC 09/15/93 CUSIP 126410EC9 09/04 Cash ASSET TRF 25,000.00000 VERIZON NEW ENGLAND INC $0.00 SENIOR NOTES CPN 6.500°/ DUE 09/15/11 DTD 08/21!01 FC 03/15/02 CUSIP 92344RAA0 09/09 Cash ASSET TRF CONY BALANCE TRF $837.39 OLD ACCOUNT: O1 K96385 09/13 Cash ASSET TRF CONV BALANCE TRF $52.50 OLD ACCOUNT: 01 K96385 FLAT72 044211276142618225 YNNYYNNNNN NNNNNNNN 000019 1%,832 VILLAGE OF TEOUESTA Page 20 of 23 PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch !Rep /Account No. !CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 September 1 -September 30, 2004 Activity Detail continued Deposits and Withdrawals Date Account Type Transaction Description Amount 09/15 Cash ASSET TRF CONV BALANCE TRF $112.00 OLD ACCOUNT: 01 K96385 09/16 Cash ASSET TRF CONV BALANCE TRF $460.00 OLD ACCOUNT: 01 K96385 09/27 Cash DEPOSIT FUNDS RECD $6,665.73 09!28 Cash DEPOSIT FUNDS RECD $5,654.77 Total Deposits and Withdrawals : $307,582.42 Interest Date Account Type Transaction Quantity Description Price Amount 09/10 Cash CREDIT INT FREE CREDIT INTEREST $8.84 09/15 Cash INTEREST CSX TRANSP 6.48°i° 3115/08 $810.00 CUSIP 126410EC9 09/15 Cash INTEREST VERIZON 6.5~ 9115/11 $812.50 CUSIP 92344RAA0 09!16 Cash INTEREST FHLMC 3.59b 9/15/07 $875.00 AS OF 9115/04 CUSIP 3134A4RH9 09/30 Cash INTEREST FHLB 4.1 / 3130109 $1,025.00 CUSIP 3133X15Y9 09/30 Cash INTEREST FHLB 5.62°i 9130113 $1,405.00 CUSIP 3133X15N3 Total Interest : $4,936.34 Money Market Income Date Account Type Transaction Quantity Description Price Amount 09!30 Cash DIVIDEND EVERGREEN US GOVERNMENT $115.64 MONEY MARKET FUND CL S1 093004 307,284 Total Money Market Income : $115.64 ~ . ,. IIIIII I I III) II'u I IIII II III I II IIIII II„III I IIII II II III . 17,033 VILLAGE OF TEQUESTA Page 21 of 23 WACHOVIA SECURITIES PUBLIC SAFETY OFFICERS PENSION ACCOUNT S TAT E M E N T TRUST FUND Sub /Branch !Rep J Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 /9075225708 September 1 -September 30, 2004 Activity Detail continued Other Investment Activity Date Account Type_ Transaction puantity Description Price Amount 09/03 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1.0000 -$169,019.00 MONEY MARKET FUND CL S1 09/08 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1.0000 -$124,781.03 MONEY MARKET FUND CL S1 09/10 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1.0000 -$837.39 _ __ MONEY MARKET FUND CL S1 09/13 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1,OOOp _$g 84 MONEY MARKET FUND CL S1 09!14 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1.0000 -$52.50 MONEY MARKET FUND CL S1 09/16 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1.0000 -$1,734.50 _ _ MONEY MARKET FUND CL S1 09/17 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1.0000 -$1,335.00 MONEY MARKET FUND CL S1 09/21 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1.0000 -$5,922.37 _ __ MONEY MARKET FUND CL S1 09/28 Cash TRANSFER FROM EVERGREEN US GOVERNMENT 1.0000 $2,061.13 MONEY MARKET FUND CL S1 09/29 Cash TRANSFER TO EVERGREEN US GOVERNMENT 1.0000 -$5,654.77 MONEY MARKET FUND CL S1 09/30 Cash REINVST DIV/INT EVERGREEN US GOVERNMENT -$11564 MONEY MARKET FUND CL S1 • These transactions should not be used for account reconciliation. fLAT12 044211276142618225 YNNYY NNNNN NNNNNNNN 000020 17,834 VILLAGE OF TEQUESTA Page 22 of 23 PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub /Branch /Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 19075225708 September 1 -September 30, 2004 Realized Gain/Loss The following section details security positions you closed this month through such transactions as sales, buys-to-close, redemptions, transfers, corporate actions, etc. If we have the acquisition date, close date, and cost information, the realized gain/loss will be calculated. In December, a recap of all transactions for the year is listed. The realized gains and losses for municipal bond positions purchased at a premium do not reflect the amortization of that premium. Capital gain distributions from mutual funds are not included. Please contact your tax advisor to determine the tax consequences of your securities transactions. Realized gain/loss summary This period This period Year to date Year to date Gain Loss Gain Loss Short-term $ 0.00 -$ 574.12 $ 14,939.08 -$ 22,286.05 Long-term $ 562.50 -$ 3,357.60 $ 59,312.85 -$ 4,075.90 Total realized gain/loss $ 562.50 -$ 3,931.72 $ 74,251.93 -$ 26,361.95 Short-term Description Quantity Date acquired Acquisition Cost Close date Proceeds Gain/loss TEVA PHARMACEUTICAL 200.0000 10/22/03 $5,724.00 09/23/04 $5,149.88 - $574.12 ADR INDS LTD Total Short-term - $574.12 Long-term Description Quantity Date acquired Acquisition Cost Close date Proceeds Gain/loss TEVA PHARMACEUTICAL 400.0000 07/10/03 $11,176.66 09/23/04 $10,303.75 - $872.91 ADR INDS LTD TEVA PHARMACEUTICAL 200.0000 07/10/03 $5,587.33 09/23/04 $5,151.87 - $435.46 ADR INDS LTD TEVA PHARMACEUTICAL 200.0000 08/19/03 $5,817.33 09/23/04 $5,151.87 - $665.46 ADR INDS LTD TEVA PHARMACEUTICAL 200.0000 08/19/03 $5,823.33 09/23/04 $5,151.90 - $671.43 ADR INDS LTD TEVA PHARMACEUTICAL 200.0000 08/19/03 $5,815.33 09/23/04 $5,149.87 - $665.46 ADR INDS LTD FEDERAL HOME LOAN BANK 50,000.0000 09/09/03 $50,046.88 09/30/04 $50,000.00 - $46.88 BONDS CALLABLE CPN 5.620% DUE 09J30/13 DTD 09/30103 FC 03/30104 CALL 09/30/04 @ 100.000 ~~~. 111111 I I IIII II III I IIII II III I II (IIII II II III I qll III I III ~y I WACHOVIA SECURITIES Realized Gain/Loss continued Long-term VILLAGE OF TEQUESTA PUBLIC SAFETY OFFICERS PENSION TRUST FUND Sub f Branch !Rep /Account No. /CAP Account No. 001 / CC / CC12 / 8582-0313 / 9075225708 17,835 Page 23 of 23 ACCOUNT STATEMENT September 1 -September 30, 2004 Description Quantity Date acquired Acquisition Cost Close date Proceeds GaiMoss FEDL HOME LOAN MTG CORP 50,000.0000 04/11/03 $50,000.00 09/17/04 $50,562.50 $562.50 MEDIUM TERM NOTES CALLABLE CPN 4.2509 DUE 05/05/10 DTD 05/05/03 FC 11/05/03 Total Long-farm -52,795.10 Thank you for allowing Wachovia Securities, LLC to serve you. If you have any questions regarding your account or this statement, please contact your Financial Advisor. FLAT12 044211 276142618225 YNNYY NNNNN NNNNNNNN 000021