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I am working on a deal to move TurboPark equipment into Enron owned LLC's, with a simultaneous sale of 80% of the equity to a third party. This deal is supposed to close by Jan 15, so I'm getting a crash course on TurboPark and how to get stuff out of it during the early phase. I thought I would share what I'm learning, if nothing else as a form of therapy. Attached to the email is what I believe to be the proper form of notice to take something out of TurboPark. Five to fifteen business days' notice is required. There will be other documents involved as well: Bill of Sale Assignment and Assumption Agreement UCC releases, if applicable (UCC filings are made on all delivered equipment) I suspect a consent by the equipment seller may also be required. More to come on this one. As I learn more about the process I will keep you advised. Kay

Subject Line:
TURBOPARK STUFF/CA Development I and II notice of exercise of purchase option