Message-ID: <5689810.1075844275312.JavaMail.evans@thyme> Date: Mon, 30 Oct 2000 23:59:00 -0800 (PST) From: danny.mccarty@enron.com To: rod.hayslett@enron.com Subject: Trailblazer Expansion Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Danny McCarty X-To: Rod Hayslett X-cc: X-bcc: X-Folder: \Rodney_Hayslett_Dec2000\Notes Folders\Action items in X-Origin: HAYSLETT-R X-FileName: rhaysle.nsf Rod, Who is watching over this in your shop? I'd like to make sure Finance is in the loop. Dan ---------------------- Forwarded by Danny McCarty/ET&S/Enron on 10/31/2000 07:58 AM --------------------------- Mike McGowan 10/30/2000 05:13 PM To: Danny McCarty/ET&S/Enron@Enron cc: Subject: Trailblazer Expansion Dan - Attached from Trailblazer is a Resolution for execution which approves various aspects of the proposed expansion. The issues and the recommendations are those which I have reviewed and agree with. They are also the exact same as the information I sent previously to you for review. There is nothing new. Are you OK with me executing these?????? Also, I am working on another financing option with Kinder-Morgan which would basically increase Trailblazer's debt structure (partly in preparation of the next rate case in 2003) which would result in increased cash distribution to the partnersa in 2001. This cas could then be used to fund our cash call for the equity financing(30%) of the expansion. There would be a timing difference - we would get increased cash distributions in 2001, and then have to make our cash call in 2002 for appr. the same amount. I will develop this in more detail later this week. Let me know of any concerns. Mike McGowan ---------------------- Forwarded by Mike McGowan/ET&S/Enron on 10/30/2000 06:04 PM --------------------------- "Brown, Ronald" on 10/30/2000 04:58:45 PM To: "'mmcgowa@enron.com'" , "McElligott, James" , "'scott.hobbs@coastalcorp.com'" cc: Subject: Trailblazer Expansion Attached is a Management Committee Resolution approving the information that was included in the package that was forwarded to each of you earlier in the month. Please sign for your respective companies and return the original to me and I will forward copies of all member's signatures to each party. If you have any questions, please call me on (713)369-9290. Thanks Ron <> - TB unanimous consent1.doc