In a seperate e-mail, I sent out the LOI to TECO which incorporated most of 
Fred's comments. On the tolling term sheet, I agree with Fred's comments. Kay 
- where do we stand on having outside counsel review this? I have indicated 
to TECO that we will have a draft tolling term sheet to them by Wednesday. 
Please let me know.

Thanks,

Ben

-----Original Message-----
From: Mitro, Fred
Sent: Fri 6/1/2001 5:56 PM
To: Mann, Kay; Jacoby, Ben
Cc: Kellermeyer, Dave
Subject: Midway Toll term sheet & LOI - comments


Ben/Kay:

Attached are my comments on the Midway Tolling term sheet and LOI.  

I will be out on Monday but will have my cell phone on.  My conversations 
will be regularly interrupted by golf strokes, but I will do my best to be 
available.

Call me if you have specific questions/issues to discuss.  I have asked Dave 
Kellermeyer to call either one of you on Monday with an answer to the minimum 
block size for the tolling term sheet.  I am taking the air permit home to 
review and will leave you a message if I determine the answer.

Fred



 <<Kay Mann Term sheet June 1(fred's marked).doc>> 

 <<Kay Mann Tolling Term sheet June 1(Fred'smarked).doc>>