I sure hope it is this week.  It will either be this week, or a while.  How's 
that for keen analysis?

It would seem to me that if we end up with breakout contracts signed by E 
Next, we should use the break out form, plus an override letter.  What do you 
think?




From: Sheila Tweed@ECT on 03/19/2001 01:41 PM
To: Kay Mann/Corp/Enron@ENRON
cc: Carlos Sole/NA/Enron@Enron, Dale Rasmussen/HOU/ECT@ECT 

Subject: RE: GE LM-6000 purchase contract for Las Vegas Cogeneration II pr 
oject  

Last time I talked with Lee he was anxious to get the break out contract 
signed.  Your plan works fine as long as we can wait to sign the breakout 
contract.



	Kay Mann@ENRON
	03/19/2001 12:25 PM
		
		 To: Sheila Tweed/HOU/ECT@ECT
		 cc: Carlos Sole/NA/Enron@Enron, Dale Rasmussen/HOU/ECT@ECT
		 Subject: RE: GE LM-6000 purchase contract for Las Vegas Cogeneration II pr 
oject

Here's a general description of the steps:

Letter agreement signed
Final form of break out presented to purchaser (not executed by Enron LLC)
$ deposited in escrow
TurboPark notice given

Closing date:

TurboPark closing docs signed (bill of sale, assignment & assumption)
LLC signs breakout contract
Amended LLC, other closing docs executed
Money released from escrow to Enron
Enron pays off TurboPark

This is how it worked on the Intergen deal.  I was unsure from your email if 
you see a problem with this process.

Kay




From: Sheila Tweed@ECT on 03/19/2001 12:06 PM
To: Carlos Sole/NA/Enron@ENRON
cc: Carlos Sole/NA/Enron@ENRON, Dale Rasmussen/HOU/ECT@ECT, Kay 
Mann/Corp/Enron@Enron 

Subject: RE: GE LM-6000 purchase contract for Las Vegas Cogeneration II pr 
oject  

Sounds like a plan, but do not sign a breakout contract in an Enron entity 
until you hear further.