Enron Mail

From:houston <.ward@enron.com<
To:sara.shackleton@enron.com
Subject:RE: City of Glendale
Cc:
Bcc:
Date:Mon, 8 Oct 2001 08:43:20 -0700 (PDT)

I will work on this for you - and will be in touch.

Thanks!

-----Original Message-----
From: Shackleton, Sara
Sent: Monday, October 08, 2001 9:39 AM
To: Ward, Kim S (Houston)
Subject: RE: City of Glendale

We are going to do this at our own expense. But we would like to hire Glendale's bond counsel. I don't know the name of Glendale's bond counsel or how to get in touch with them.

-----Original Message-----
From: Ward, Kim S (Houston)
Sent: Monday, October 08, 2001 9:04 AM
To: Shackleton, Sara
Subject: RE: City of Glendale

Is this to obtain outside opinion? I thought we were going to do that at our own expense.

-----Original Message-----
From: Shackleton, Sara
Sent: Monday, October 08, 2001 8:27 AM
To: Ward, Kim S (Houston)
Subject: RE: City of Glendale

I need the city's bond counsel (outside counsel).

-----Original Message-----
From: Ward, Kim S (Houston)
Sent: Monday, October 08, 2001 8:27 AM
To: Shackleton, Sara
Subject: RE: City of Glendale

Glendale's City Attorney is Steve Lins. His phone number is 818-548-2080 and his email is slins@ci.glendale.ca.us. Please let me know if you need anything else. I will be in their offices on Wednesday.

Thanks, Kim

-----Original Message-----
From: Shackleton, Sara
Sent: Monday, October 08, 2001 8:03 AM
To: Ward, Kim S (Houston)
Cc: Heard, Marie
Subject: RE: City of Glendale

Kim: Can you obtain the name of Glendale's bond counsel (lawyer's name, phone number, email, etc.)? Thanks. SS

-----Original Message-----
From: Ward, Kim S (Houston)
Sent: Friday, October 05, 2001 1:59 PM
To: Shackleton, Sara
Subject: City of Glendale

Sara,

Believe it or not, we are very close getting our signed ISDA from the City of Glendale. Steve Lins, the City attorney had a couple of questions which I will attempt to relay without having a copy of the documents.

1) I am assuming that he obtained a for legal opinion letter or document of some sort. This document references a confirmation and we are not sure what this references. Typically, it references a transaction, which in this case, there are no transactions yet. He feels this reference should be deleted. What is your opinion regarding this? [Shackleton, Sara] If we have no transaction on the books, then he can delete the reference. Marie: Have we received an opinion from Glendale?

2) We sent him a couple of form documents to facilitate the documents required under the ISDA. One form ws a form resolution. They have already received City Council approval to enter into financial tranactions and to enter into an ISDA with us. Steve is going to get a certified copy of this Resolution. Will this suffice? [Shackleton, Sara] I'll review their resolution again. If it references our ISDA and all transactions, it should be fine. (This is part of the reason why we need a legal opinion)

When you return, I may try to do one last conference call to alleviate any unanswered questions. I think we will have an executed ISDA with the City of Glendale by the end of next week. I am going to be out there meeting with them on Wednesday.

Thanks for your help,

Kim