Same.  Mary
----- Forwarded by Mary Cook/HOU/ECT on 08/29/2000 08:15 AM -----

	Carol St Clair
	08/29/2000 08:10 AM
		 
		 To: Sara Shackleton/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT
		 cc: 
		 Subject: Project Tahiti Transaction Documents

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 08/29/00 08:07 AM -----

	"Cassandra Davis" <DAVICA@andrews-kurth.com>
	08/24/00 11:33 PM
		 
		 To: <alan.quaintance@enron.com>, <brenda.l.funk@enron.com>, 
<Carol.St.Clair@enron.com>, <charles.delacey@enron.com>, 
<Clement.abrams@enron.com>, <David.roland@enron.com>, 
<Gina.Karathanos@enron.com>, <Joel.ephross@enron.com>, 
<tina.livingston@enron.com>, <Trevor.Randolph@enron.com>, 
<trushar.patel@enron.com>, <mniebruegge@mayerbrown.com>, 
<tellwood@mayerbrown.com>, <eawilburn@prickett.com>, <Tamullen@prickett.com>, 
<kenton@rlf.com>, <mercedes.arango@us.cibc.com>, <schottla@us.cibc.com>, 
<wolfmark@us.cibc.com>, <aroberts@wilmingtontrust.com>
		 cc: "David Barbour" <BARBD@andrews-kurth.com>, "CHRIS KRECEK" 
<KRECC@andrews-kurth.com>, "DEBORAH LOWE" <LOWED@andrews-kurth.com>, "MURIEL 
McFARLING" <MCFAM@andrews-kurth.com>, "SCOTT OLSON" 
<OLSOS@andrews-kurth.com>, "Mary Rembert" <REMBM@andrews-kurth.com>
		 Subject: Project Tahiti Transaction Documents


Attached please find the following transaction documents for Project Tahiti:

1.   Tahiti Series Trust Agreement (254424)
2.   Beneficial Interest Certificate Issued to Enron Corp. (254806)
3.   Series Supplement Creating Series Z (254816)
4.   Tahiti Series Z Certificate issued to Fiji Z, L.L.C. (254975)
5.    Warrant Assignment (254974)
6.     Promissory Note from Tahiti Series Trust to EES (254802)
7.     Direction Letter to Owner Trustee of Tahiti Series Trust (254976)
8.     Amended and Restated Limited Liability Agreement of Fiji Z, L.L.C.
        (254423)
9.     Promissory Note from Fiji Z, L.L.C. to Tahiti Series Trust (254977)
10.   Amended Restated Limited Liability Agreement Bora Bora Z, L.L.C.
        (254978)
11.   Promissory Note from Bora Bora Z, L.L.C. to Fiji Z, L.L.C. (254979)
12.   Independent Auctioneer Letter Agreement
13.   B Interest Assignment Agreement (254982)
14.   Promissory Note from Bali Trust to Bora Bora Z, L.L.C. (254981)
15.   Beneficial Interest Certificate to Certificate Holder of Bali Trust 
(254983)
16.   Direction Letter to Owner Trustee of Bali Trust (254980)

Also attached please find a Project Tahiti Structure Diagram.

The attached documents are in Word Perfect and are marked against the 
corresponding document from the Hawaii 125-0, McGarett Series B Transaction.  
A subsequent e-mail with the above listed documents attached in Microsoft 
Word will follow.

Please note that although the Tahiti Series Trust Agreement is marked against 
the Hawaii 125-0 Trust Agreement, it is a new trust and will hold the 
Warrants.

The Sale and Auction Agreement, the Bali Trust Agreement (which will hold the 
Fiji Z Class B Member Interest) and an assignment document for the assignment 
of the Bali Note from Bora Bora Z, L.L.C. to Fiji Z, L.L.C. will be 
distributed on Friday, the 25th.

Please fax comments to David Barbour and Muriel McFarling at 214-659-4401 by 
Monday, August 28th.

If you have any questions, please call David Barbour at 214-659-4444.


 - b255097.wpd
 - b254423.wpd
 - b254424.wpd
 - b254802.wpd
 - b254806.wpd
 - b254816.wpd
 - b254974.wpd
 - b254975.wpd
 - b254976.wpd
 - b254977.wpd
 - b254978.wpd
 - b254979.wpd
 - b254980.wpd
 - b254981.wpd
 - b254982.wpd
 - b254983.wpd
 - 255095 Structure.wpd