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Enron Mail |
Richard Sanders is now examining the SPC Maintenance Agreement and the
individual labor agreements re our warranty view. We should have a quick view by tomorrow cob. If we feel that these invoices are our full responsibility and correctly due and payable, we shuld re-examine the purchase and sale agreement w/ Tenaska and determine whether we believe a faulty disclosure was made or whether we should eat it. As for the parts, I'm looking to James Armstrong to determine whether there are any accounting, spare parts on order, or other irregularities for which we should hold back on settling the working capital. We might have a difficulty holding back upon the working capital true-up if the disclosure is unresolved or we don't have a clear view shortly. Chuck From: Garrick Hill @ ECT 09/19/2000 03:23 PM To: Charles Ward/Corp/Enron@ENRON, Carl Tricoli/Corp/Enron@Enron, Dan Lyons/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT cc: Subject: Cornhusker I received a call from Jerry Krouse (Tenaska's Controller) re. the June 30 financials sent to us on August 30 and the $402,253 working capital settlement due the former owners under the terms of the Purchase Agreement. I told him that we were looking at several items and verifying our understanding of the amounts due. Three questions: (1) are we still of the opinion that we should hold off on the working capital settlement pending a clear course of action on the Westinghouse matters and, if so, (2) where are we on the Westinghouse matters and (3) what should we be telling Tenaska?
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