Message-ID: <24840739.1075854917153.JavaMail.evans@thyme> Date: Mon, 8 Oct 2001 07:15:27 -0700 (PDT) From: marie.heard@enron.com To: sara.shackleton@enron.com Subject: RE: City of Glendale Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Heard, Marie X-To: Shackleton, Sara X-cc: X-bcc: X-Folder: \MHEARD (Non-Privileged)\Heard, Marie\Sent Items X-Origin: Heard-M X-FileName: MHEARD (Non-Privileged).pst Sara: I do not see a copy of an opinion in the file nor have we received one since I sent the execution copies of the ISDA to Steve Lins. Marie -----Original Message----- From: Shackleton, Sara Sent: Monday, October 08, 2001 8:03 AM To: Ward, Kim S (Houston) Cc: Heard, Marie Subject: RE: City of Glendale Kim: Can you obtain the name of Glendale's bond counsel (lawyer's name, phone number, email, etc.)? Thanks. SS -----Original Message----- From: Ward, Kim S (Houston) Sent: Friday, October 05, 2001 1:59 PM To: Shackleton, Sara Subject: City of Glendale Sara, Believe it or not, we are very close getting our signed ISDA from the City of Glendale. Steve Lins, the City attorney had a couple of questions which I will attempt to relay without having a copy of the documents. 1) I am assuming that he obtained a for legal opinion letter or document of some sort. This document references a confirmation and we are not sure what this references. Typically, it references a transaction, which in this case, there are no transactions yet. He feels this reference should be deleted. What is your opinion regarding this? [Shackleton, Sara] If we have no transaction on the books, then he can delete the reference. Marie: Have we received an opinion from Glendale? 2) We sent him a couple of form documents to facilitate the documents required under the ISDA. One form ws a form resolution. They have already received City Council approval to enter into financial tranactions and to enter into an ISDA with us. Steve is going to get a certified copy of this Resolution. Will this suffice? [Shackleton, Sara] I'll review their resolution again. If it references our ISDA and all transactions, it should be fine. (This is part of the reason why we need a legal opinion) When you return, I may try to do one last conference call to alleviate any unanswered questions. I think we will have an executed ISDA with the City of Glendale by the end of next week. I am going to be out there meeting with them on Wednesday. Thanks for your help, Kim