Enron Mail

From:greg.krause@enron.com
To:kathleen.carnahan@enron.com, kay.mann@enron.com
Subject:RE: FW: New lease option
Cc:
Bcc:
Date:Wed, 23 May 2001 06:42:00 -0700 (PDT)

Kay,
One of the first things we do after we execute an option agreement is to get
into the interconnect queue. To do so, we must enter into an interconnect
study agreement and in the past we have entered into these agreements using
the same project agreement that has the option agreement. Are you saying
that we need two project companies for each project: one for the option
agreement and one for the interconnect study agreement? As you may know, it
has taken 11 months to get to the point in the Midway project from the time
we executed an interconnect study agreement with FPL to today when we are
ready to begin negotiating a construction and connection agreement. Would
you please clarify the issue for me?

-----Original Message-----
From: Carnahan, Kathleen
Sent: Wednesday, May 23, 2001 1:03 PM
To: Mann, Kay
Cc: Krause, Greg
Subject: RE: FW: New lease option

Okay. I will set up a new LLC (Homestead Development Company, LLC, if
available). Would it be preferable for its sole member to be Lauderdale Land
Development Company, LLC or ENA?

-----Original Message-----
From: Mann, Kay
Sent: Wednesday, May 23, 2001 12:46 PM
To: Carnahan, Kathleen
Subject: Re: FW: New lease option

I wouldn't use an LLC with an prior history. We might have to get the old
stuff approved in order to put the equity into TurboPark. If the LLC paid
for an interconnect study, it could be a hard cost and we are dead.

I know this seems silly, but hey, it is!

ckm


From: Kathleen Carnahan/ENRON@enronXgate on 05/23/2001 11:31 AM
To: Kay Mann/Corp/Enron@Enron
cc:

Subject: FW: New lease option

We have decided to use: Voyager Development Company, L.L.C. for the new
Homestead land option. We had initially planned to use it for an option that
we let go (Option Agreement never got assigned to Voyager either). According
to Greg Krause, the only thing associated with Voyager was an old
interconnect study request that was paid for and never used. I feel
confident that Voyager is "clean" to use.

Kathleen
-----Original Message-----
From: Ann Elizabeth White
Sent: Saturday, May 19, 2001 12:19 AM
To: Kathleen Carnahan
Subject: New lease option

I talked to Kay about the new land option Greg will be negotiating this
weekend in Homestead. She said to put the options in the terminal company,
not Lauderdale Land, LLC as you had suggested. Pick one of the other LLCs
for me and let me know the name.

Thanks.