----- Forwarded by Sara Shackleton/HOU/ECT on 08/29/2000 11:36 AM -----

	Carol St Clair
	08/29/2000 08:13 AM
		 
		 To: Sara Shackleton/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT
		 cc: 
		 Subject: Enron/McGarret C Transaction

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 08:10 AM -----

	"CHRIS KRECEK" <KRECC@andrews-kurth.com>
	08/28/00 12:53 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>, <mark.wolf@us.cibc.com>, <mercedes.arango@us.cibc.com>, 
<schottla@us.cibc.com>, <aroberts@wilmingtontrust.com>
		 cc: "David Barbour" <BARBD@andrews-kurth.com>, "MURIEL McFARLING" 
<MCFAM@andrews-kurth.com>, "Michael Thimmig" <THIMM@andrews-kurth.com>
		 Subject: Enron/McGarret C Transaction


Attached in WordPerfect format are each of the following documents marked 
against the version previously circulated:

Drawdown Request (254322);
Put Option Agreement (254334);
Warrant Assignment (254351);
Amended and Restated LLC Agreement for McGarret III (254352);
Receipt of Asset LLC (254362);
Independent Auctioneer Letter Agreement (254369);
Direction Letter (254376);
Sale and Auction Agreement (254372); and
General Opinion of A&K (254385).

If you have any questions or comments, please call Muriel McFarling at (214) 
659-4461.  Thank you.

Chris Krecek, Secretary/Legal Assistant
Andrews & Kurth L.L.P.
1717 Main Street, Suite 3700
Dallas, Texas 75201
Phone: (214) 659-4481
Fax: (214) 659-4401
Email: ckrecek@andrews-kurth.com

CONFIDENTIALITY NOTICE:  The information in this e-mail (including any 
attachments) is confidential, legally privileged and intended only for the 
use of each recipient named above.  If you are not an intended recipient, you 
must not read, use or disseminate this information.  If you have received 
this e-mail in error, please notify the sender immediately by reply e-mail 
and delete this e-mail from your computer.
VIRUS WARNING:  Although this e-mail (including any attachments) is not 
intended to contain any virus or defect that may affect your computer, you 
are responsible for ensuring that no virus or defect exists.  The sender 
disclaims any responsibility for any loss or damages arising from any virus 
or defect associated with this e-mail.



 - 254385.wpd
 - 254334.wpd
 - 254351.wpd
 - 254352.wpd
 - 254362.wpd
 - 254369.wpd
 - 254372.wpd
 - 254376.wpd
 - 254322.wpd