Kay,

Unfortunately, I don't have an electronic version of the option agreement.  Kathleen Carnahan will get you a hard copy "right now".


 -----Original Message-----
From: 	Mann, Kay  
Sent:	Wednesday, May 23, 2001 3:36 PM
To:	Krause, Greg
Subject:	RE: AEW's backup

Could you email me the option agreement?



From:	Greg Krause/ENRON@enronXgate on 05/23/2001 02:19 PM
To:	Kay Mann/Corp/Enron@Enron
cc:	 

Subject:	RE: AEW's backup

I think the invoice was for between $20,000 and $30,000, but I can't remember.  AEW has the invoice.  This probably will not be the final as we will need to work with them in discussions with DERM on delaying the landfill closure and in moving jurisdiction of the project from CZAB to the County Commissioners.   I think Shutts & Bowen (who may get stiffed by their client if this deal blows up) and Certosa Holdings would be open to any suggestions and we need to renegotiate the option anyway.  Shall I call and suggest this this flat fee for retooling the option agreement to them or shall we do it together?  I,m not sure I could explain to them acequately the idiosyncrasies of our accounting requirements.

 -----Original Message-----
From: 	Mann, Kay  
Sent:	Wednesday, May 23, 2001 2:00 PM
To:	Krause, Greg
Subject:	RE: AEW's backup

How much is it and should this be the final amount?  One thought I have is that maybe we can retool the option agreement so that we pay them a flat fee, which is enough to cover the expenditures.  Don't know if this works, but it is one thought.  What do you think?

Kay


From:	Greg Krause/ENRON@enronXgate on 05/23/2001 01:50 PM
To:	Kay Mann/Corp/Enron@Enron
cc:	 

Subject:	RE: AEW's backup

One more thing on the SDEC project:  According to the option agreement we executed last October, we agreed to reimburse Certosa Holdings for actual third party costs that they incurred in support of our necessary applications, submittals and in seeking local approval.  Several weeks ago, we recieved an invoice from Shutts & Bowen, attorney for Certosa Holdings requesting reimbursement pursuant to the contract.  I forwarded this invoice on th Ann Elizabeth not necessarily to pay for but to review considering this whole soft cost hard cost discussion.  I recieved another call this morning from Shutts & Bowen asking about the invoice.  What should I do? 
 -----Original Message-----
From: 	Mann, Kay  
Sent:	Wednesday, May 23, 2001 11:03 AM
To:	Krause, Greg
Subject:	RE: AEW's backup

Greg,

You can call me on whatever you have, including Midway, SDEC and Medley Dunn.  If I have a problem getting to something, I'll find help.

Kay




From:	Greg Krause/ENRON@enronXgate on 05/23/2001 10:50 AM
To:	Kay Mann/Corp/Enron@Enron
cc:	 

Subject:	RE: AEW's backup


Kay,

Ann Elizabeth did not provide a designated hitter for the South Dade Energy Center (Dade Development Company LLC is Optionee, Certosa Holdings is Optionor) nor did she provide one for tne Medley Dunn project.  I have been told that the Dunns are considering backing off their ultimatums that they gave Ann Elizabeth and I regarding taxes to the town and assumption of enviromental liability.  Who do I talk to about the Dunn contract while Ann Elizabeth is out?  
 -----Original Message-----
From: 	White, Ann Elizabeth  
Sent:	Tuesday, May 22, 2001 10:33 PM
To:	gkrause@enron.com; Krimsky, Steven; Ben Jacoby/HOU/ECT@ENRON; Carnahan, Kathleen
Cc:	Milligan, Taffy
Subject:	AEW's backup

Kay Mann is the designated hitter for the Pompano and Deerfied projects while I'm on vacation.  I've given her a down load of the status of Greg and Steve's projects.  Chris Boehler at A&K will be the designated hitter for Midway.  I'm not going to check my voice mail while I'm gone but, if necessary, here are the contact numbers while I'm gone.

Walter and Marlena Schilling		011-49-8218-89351	schilling.jun@freenet.de

Monika and Bernhard Steinacher	011-49-8232-8932	m.steinacher@schwabmuenchen.de

If you call, Walter and Bernhard and Bernhard's daughter, Susanne, speak very good English.  Monika's isn't bad.  Marlena may get flustered and hang up on you.

Best of luck at Deerfield and hope to see Pompano on track when I get back in the office on June 11th.  Kay is planning on going to Florida on June 12 for the moratorium hearing and the rezoning hearing.