Please briefly review the slides attached below and give me your reaction.  
Please forward on to our clients if you think it would be helpful.   Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 09/26/2000 01:49 PM -----

	"Ingram, Kay" <KIngram@lockeliddell.com>
	09/20/2000 10:50 AM
		 
		 To: "'mark.e.haedicke@enron.com'" <mark.e.haedicke@enron.com>
		 cc: "Brownell, Stephen" <sbrownell@lockeliddell.com>, "Swanstrom, Bill" 
<BSwanstrom@lockeliddell.com>
		 Subject: FROM BILL SWANSTROM--Project White Knight



-----Original Message-----
From: Ingram, Kay
Sent: Wednesday, September 20, 2000 10:30 AM
To: 'sheila.tweed@enron.com'
Cc: Brownell, Stephen; Swanstrom, Bill
Subject: FROM BILL SWANSTROM--Project White Knight



As a follow-up to my earlier e-mail regarding Steve Brownell's experience
regarding municipalization strategies as a way to facilitate Enron's efforts
to be the energy manager for communities, I have attached a proposal
pursuant to which you can potentially use tax-exempt financing to
restructure power contracts.  Let me know if you or anyone else over there
are interested in talking about this further.  I think it's an interesting
idea.







Kay Ingram
Assistant to H. William Swanstrom
Locke Liddell & Sapp
(713) 226-1317
kingram@lockeliddell.com





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