Message-ID: <18048297.1075862357784.JavaMail.evans@thyme> Date: Mon, 12 Nov 2001 13:31:19 -0800 (PST) From: j..kean@enron.com To: jim.fallon@enron.com Subject: FW: ECS Cashflow Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Kean, Steven J. X-To: Fallon, Jim X-cc: X-bcc: X-Folder: \SKEAN (Non-Privileged)\Kean, Steven J.\Sent Items X-Origin: Kean-S X-FileName: SKEAN (Non-Privileged).pst -----Original Message----- From: Donovan, Bill Sent: Tuesday, October 30, 2001 4:49 PM To: McMahon, Jeffrey Cc: Kean, Steven J. Subject: FW: ECS Cashflow Jeff - Here is cash flow on new building, as requested. Some notes: The $218.7 mill. Base Building and Trading Floor Tenant Improvements (i.e. 2nd floor Cafeteria, Trading floors 3-6, 7th floor Executive, and Computer floors 8 and 9) is work in progress, over 80% complete and paid to date. Not much we can do here except suffer the anger of contractor and hold retainage as long as possible ($14 mill. payment in May '02). We are contractually obligated to make draw payments on the 5th of each month ($4.785 mill. to be paid next week). Presently we are gearing up spend ($28 mill.) on Tower Tenant Improvements (interiors of floors 10 thru 40). This is deferrable, either partially or in full, if we re-think our strategy on who, when, how many move to new tower. I'll be out of office rest of week but reachable. Thanks - Bill -----Original Message----- From: Akhave, Billie Sent: Tuesday, October 30, 2001 3:16 PM To: Donovan, Bill Subject: ECS Cashflow Please see attached.