Mr. Horton:

Does "Standing Rock right-of-way" mean an additional payment for Standing Rock
based on the amount agreed on for Standing Rock in 1998? (If so, the counter
seems appropriate.)

Lawrence A. Ruzow

Stanley.Horton@enron.com wrote:

> REVISED COUNTER:   $15 million up front and $2.0 million per year fixed
> payment (no CPI adjustment) and Standing Rock right-of-way.
>
> What does everyone think?
>
> Stan
>
> Steven Harris
> 07/18/2000 03:49 PM
>
> To:   Stanley Horton/Corp/Enron@Enron
> cc:   Louis Soldano/ET&S/Enron@ENRON, Michael Moran/ET&S/Enron@ENRON, James
>       Derrick/Corp/Enron@ENRON, laruzow@concentric.net,
>       jw1000mac@yahoo.com, lslade@modrall.com, Johnny
>       McGee/OTS/Enron@ENRON, lsoldano@wt.net
>
> Subject:  Re: Navajo Offer  (Document link: Stanley Horton)
>
> I agree 100%. That would be my position as well.
>
>      Steve
>
> Stanley Horton
> 07/18/2000 02:56 PM
>
> Sent by:  Cindy Stark
>
> To:   Louis Soldano/ET&S/Enron@ENRON
> cc:   Michael Moran/ET&S/Enron@ENRON, James Derrick/Corp/Enron@ENRON,
>       laruzow@concentric.net, jw1000mac@yahoo.com, lslade@modrall.com,
>       Johnny McGee/OTS/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON,
>       lsoldano@wt.net
>
> Subject:  Re: Navajo Offer  (Document link: Steven Harris)
>
> Counter:   $15 million up front and $2.0 million per year fixed payment (no
> CPI adjustment).     What do you think?
>
> Stan
>
> 07/14/2000 06:32 PM
> Louis Soldano
> Louis Soldano
> Louis Soldano
> 07/14/2000 06:32 PM
> 07/14/2000 06:32 PM
>
> To:   Michael Moran/ET&S/Enron@ENRON, Stanley Horton/Corp/Enron@Enron,
>       James Derrick/Corp/Enron@ENRON, laruzow@concentric.net,
>       jw1000mac@yahoo.com, lslade@modrall.com, Johnny
>       McGee/OTS/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON
> cc:   lsoldano@wt.net
>
> Subject:  Navajo Offer
>
> McGee spoke with Zaman this afternoon.  Zaman relayed an informal counter
> proposal to Transwestern's offer of earlier this week.  Zaman (and Das and
> Trujillo) would recommend to the Task Force a settlement of $15 million up
> front with a $2.5 million per year payment for each of the renewal years.
> The $2.5 million figure would be escalated by the CPI index.