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Enron Mail |
ISO Market Participants,
(This is an important notice - it may have been sent yesterday, but is being sent or resent today to insure you receive it) < On Thursday, March 22, 2001, the ISO was scheduled to settle the December < 2000 final (true-up) invoices. < < Payments due and received are summarized below: < < Market Obligations < Invoiced Amounts: < $72,817,565.78 < Paid to the ISO on 3/22/01: < $4,668,657.91 < < ISO Accounts Payable 3/22/01 < $81,612,266.92* < Available for Distribution and Distributed 3/23/01 < $4,668,657.91 < < Note: < * Without consideration of previous defaults, the ISO was scheduled < to distribute $81,612,266.62. The difference between this amount and the < $72,817,565.78 which should have been received is a timing difference < which would have been funded from an over-collection from the December < preliminary invoice (absent the market defaults related to the preliminary < statement.) < < The ISO issued instructions today to its bank to distribute $4,668,657.91. < The amount available for distribution was distributed equitably, taking < into consideration total December charges (including preliminary and final < invoiced amounts), amounts previously distributed, and amounts owed to the < ISO. The ISO is currently preparing for distribution to ISO creditors a < current certification of amounts owed for December 2000. < < < < Phil Leiber < Dir. Financial Planning & Treasurer < California ISO < 916 351-2168 < 916-351-2259 (fax) < <
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