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---------------------- Forwarded by Kay Mann/Corp/Enron on 06/01/2001 11:26 AM --------------------------- From: Ben Jacoby/ENRON@enronXgate on 05/31/2001 04:17 PM To: Kay Mann/Corp/Enron@Enron, Fred Mitro/ENRON@enronXgate cc: Subject: TECO LOI Attached are my comments on the Midway LOI. FYI, Duran and I spoke to Mike Carlson of TECO regarding Ft. Pierce. Dave really wants us to push to get something done on that project. It would be similarly styled to our Midway - TECO discussions (ENA sells the dev, asset and takes back a 5 year toll). Mike Carlson said he would get his lawyer to generate a LOI on Ft.Pierce, but I think we need to get them comments back on Midway to expedite this. Kay - have you had any luck engaging King & Spaulding on these deals? Let's talk about these comments at your earliest convenience. Fred - we need the term sheet on the toll, and the toll price refreshed by the desk, as soon as possible. Thanks, Ben
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