Co Op City

Hi Randy,

Here's what you missed.

My personal preference is to not spend the money to check out the licensing
issues at this point since I don't have the outside counsel doing anything
now. When John called me last week and asked the question I gave him that
opinion, and I had assumed that it had been communicated to you. Sorry about
that!

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 02/13/2001 09:40
AM ---------------------------

Kay Mann
02/07/2001 05:47 PM
To: lhenneberry@ssd.com, mahon@pbworld.com, losi@pbworld.com
cc: Mark Bernstein/HOU/ECT@ECT

Subject: Co Op City

Hi there,

I'm forwarding a draft EPC contract for your review. This form of contract
assumes that the equipment will be procurred by the Owner, with the
understanding that we have not resolved the issue of the timing of the
procurement of the equipment, and how it will be procurred.

This is intended to be a discussion draft, and is subject to further Enron
review and comment.

Thanks,

Kay