Attached is the first draft of the ESA facility agreement. which I believe is current through yesterday's discussion. I would appreciate it if you could forward this to the persons in Transaction Support and Tax who are working on this transaction. Thanks,
Answer: Attached Files
Faith, Attached is information regarding the Texas Desk as it relates to the current Texas market, EOL performance metrics, and Post HPL Action Plan. Please do not hesitate to call with questions. Thanks,
Answer: Texas Desk - Post HPL
Last year money was to be set aside in reserves to cover the net amount needed to resolve these issues with Transco, BUG , LILCO and Enron. The total dollars required was approximately $4.25 million. An amount of $3.55 million needed for the Transco historical imbalance resolution. The remaining balance was needed for the BUG and LILCO accounting issues that Keyspan brought to our attention last year. Bob Hall has $3.5 million reserved in his area for the Transco historical imbalance. The remaining $50,000 for Transco and approximately $700,000 of additional funds for the accounting issues were to be reserved last year under "The Office of the Chairman". Sally Beck and Janet Dietrich arranged for this additional money to be reserved at the "Chairman" level since the additional funds were needed to correct an old accounting problem that should not hit the East Desk P&L. Also, the arrangement was that the reserve would be maintained until the settlement payments were made by Enron. As with most stories, there is some good news and some bad news. First, the bad news. After a great deal of investigation, it appears that there currently is no reserve at the "Office of the Chairman" for these additional funds. Now, the good news. Georgeanne will take the necessary steps to make sure there is money available so that we can quickly resolve these issues with Keyspan and Transco. If you have questions, please give me a call. Ruth x31667
Answer: Transco Historical Imbalance & BUG/LILCO Accounting Issues
I have reserved room 3125b for next Tuesday June 26, 2001, from 2:00 p.m. till 4:30 p.m. to recap MDEA and discuss any further improvements. We can also discuss any needed enhancements for other service contracts. Thanks
Answer:
mdea dephi application