Attached please find a rough draft of the Letter of Understanding for Project 
20/20.  Please call with any comments.
----- Forwarded by Shonnie Daniel/HOU/ECT on 07/18/2000 01:26 PM -----

	"HAL HALTOM" <HALTH@andrews-kurth.com>
	07/18/2000 12:11 PM
		 
		 To: <shonnie.daniel@enron.com>
		 cc: "Melinda Brunger" <BRUNM@andrews-kurth.com>, "Roger Rippy" 
<RIPPR@andrews-kurth.com>, "ROB TAYLOR" <TAYLR@andrews-kurth.com>
		 Subject: Letter of Understanding


  Attached for your review is a first draft of a letter of understanding for 
the proposed sale of certain limited liability company membership interests 
to Northern Border.

Please call me with your comments to this draft.

Thanks,  Hal.

 - Letterof.DOC