|
|
Enron Mail |
Gentlemen -
The revised counter was delivered to Zaman earlier today. McGee spoke with Zaman and later with both Trujillo and Zaman. They delivered what they stated, and McGee believes, is their final and bottom line proposal. They would not consider Standing Rock as part of this negotiation (although they would be open to separate negotiation over Standing Rock), they required $15 million up front and $2.34 million per year with a CPI escalator. This is just slightly over $29 million in today's dollars. They wish an answer tomorrow to the proposal. McGee did not commit to do so but he did request that Zaman and Trujillo confirm from the Task Force this Friday whether they had the authority to make this proposal. Stanley Horton 07/19/2000 04:52 PM Sent by: Cindy Stark To: Steven Harris/ET&S/Enron@ENRON cc: Louis Soldano/ET&S/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON, James Derrick/Corp/Enron@ENRON, laruzow@concentric.net, jw1000mac@yahoo.com, lslade@modrall.com, Johnny McGee/OTS/Enron@ENRON, lsoldano@wt.net Subject: Re: Navajo Offer REVISED COUNTER: $15 million up front and $2.0 million per year fixed payment (no CPI adjustment) and Standing Rock right-of-way. What does everyone think? Stan Steven Harris 07/18/2000 03:49 PM To: Stanley Horton/Corp/Enron@Enron cc: Louis Soldano/ET&S/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON, James Derrick/Corp/Enron@ENRON, laruzow@concentric.net, jw1000mac@yahoo.com, lslade@modrall.com, Johnny McGee/OTS/Enron@ENRON, lsoldano@wt.net Subject: Re: Navajo Offer I agree 100%. That would be my position as well. Steve Stanley Horton 07/18/2000 02:56 PM Sent by: Cindy Stark To: Louis Soldano/ET&S/Enron@ENRON cc: Michael Moran/ET&S/Enron@ENRON, James Derrick/Corp/Enron@ENRON, laruzow@concentric.net, jw1000mac@yahoo.com, lslade@modrall.com, Johnny McGee/OTS/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON, lsoldano@wt.net Subject: Re: Navajo Offer Counter: $15 million up front and $2.0 million per year fixed payment (no CPI adjustment). What do you think? Stan 07/14/2000 06:32 PM Louis Soldano Louis Soldano Louis Soldano 07/14/2000 06:32 PM 07/14/2000 06:32 PM To: Michael Moran/ET&S/Enron@ENRON, Stanley Horton/Corp/Enron@Enron, James Derrick/Corp/Enron@ENRON, laruzow@concentric.net, jw1000mac@yahoo.com, lslade@modrall.com, Johnny McGee/OTS/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON cc: lsoldano@wt.net Subject: Navajo Offer McGee spoke with Zaman this afternoon. Zaman relayed an informal counter proposal to Transwestern's offer of earlier this week. Zaman (and Das and Trujillo) would recommend to the Task Force a settlement of $15 million up front with a $2.5 million per year payment for each of the renewal years. The $2.5 million figure would be escalated by the CPI index.
|