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Enron Mail |
Karen,
Please provide a redline version of this document against the Fehr option, or whichever previous document you started with. Thanks, Kay "Way, Karen S. - CHI" <karen.way@piperrudnick.com< on 10/16/2000 08:42:52 AM To: "'fred.mitro@enron.com'" <fred.mitro@enron.com<, "'rusty.stevens@enron.com'" <rusty.stevens@enron.com<, "'kay.mann@enron.com'" <kay.mann@enron.com< cc: "Shindler, Donald A. - CHI" <Donald.Shindler@piperrudnick.com<, "Gershon, Mark A. - CHI" <Mark.Gershon@piperrudnick.com<, "Townsend, Christopher J. - CHI" <chris.townsend@piperrudnick.com< Subject: Titan-Schaeffer Option to Purchase <<30FK203_.DOC<< Kay, Fred, and Rusty: Attached hereto please find the Draft Option to purchase for the Titan-Schaeffer acquisition in Livingston County, Illinois for your review. Per Rusty's and my conversation, the option has 1) a $4000 option payment for an 18 month term; 2) a $4000 renewal payment for an additional 18 month term; 3) farm tenancy provisions to allow the Optionor to continue to farm the land. Please note we need to order preliminary title on the property to confirm if the property is held solely by Mr. Schaeffer or if his wife or other is also a fee holder. Additionally, on page 7, please let me know what cap, if any, we are willing to place on reimbursement for soil preparation costs (we allowed $25 per acre on the Konicek option). Please feel free to call me with any questions or comments. Thanks and talk with you shortly. Karen S. Way Piper Marbury Rudnick & Wolfe 203 N. LaSalle Chicago, Illinois 60601 email: karen.way@piperrudnick.com (ph) 312-368-2152 (fax) 312-630-6347 ____________________________________________________________________________ The information contained in this communication may be confidential, is intended only for the use of the recipient named above, and may be legally privileged. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this communication, or any of its contents, is strictly prohibited. If you have received this communication in error, please re-send this communication to the sender and delete the original message and any copy of it from your computer system. Thank you. For more information about Piper Marbury Rudnick & Wolfe, please visit us at http://www.piperrudnick.com/ ____________________________________________________________________________ - 30FK203_.DOC
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