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allen-p/all_documents/462.
|
subject:
content: Lucy,
Here is the rentroll.
My only questions are about #18, #25, and #37 missed rent. Any special
reasons?
It looks like there are five vacancies #2,12,20a,35,40. If you want to run
an ad in the paper with a $50 discount that is fine.
I will write you a letter of recommendation. When do you need it? You can
use me as a reference. In the next two weeks we should really have a good
idea whether the sale is going through.
Phillip
| ||
allen-p/all_documents/463.
|
subject: Re: Confidential Employee Information/Lenhart
content: I also need to know the base salaries of Jay Reitmeyer and Monique Sanchez.
They are doing the same job as Matt.
| ||
allen-p/all_documents/464.
|
subject: Behind the Stage Two
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/15/2001
02:22 PM ---------------------------
"Arthur O'Donnell" <[email protected]> on 03/15/2001 11:35:55 AM
Please respond to [email protected]
To: [email protected]
cc: [email protected]
Subject: Behind the Stage Two
FYI Western Price Survey Contacts
Cal-ISO's declaration of Stage Two alert this morning was triggered
in part by decision of Bonneville Power Administration to cease
hour-to-hour sales into California of between 600 MW and 1,000
MW that it had been making for the past week. According to BPA,
it had excess energy to sell as a result of running water to meet
biological opinion flow standards, but it has stopped doing so in
order to allow reservoirs to fill from runoff. The agency said it had
been telling California's Department of Water Resources that the
sales could cease at any time, and this morning they ended.
Cal-ISO reported about 1,600 MW less imports today than
yesterday, so it appears other sellers have also cut back.
Yesterday, PowerEx said it was not selling into California because
of concerns about its water reserves. BPA said it is still sending
exchange energy into California, however.
More details, if available, will be included in the Friday edition of the
Western Price Survey and in California Energy Markets newsletter.
| ||
allen-p/all_documents/465.
|
subject: RE: PERSONAL AND CONFIDENTIAL COMPENSATION INFORMATION
content: Thanks for the information. It would be helpful if you would send the
detailed worksheet that you mentioned.
I am surprised to hear that the only restricted shares left are the ones
granted this January. I have always elected to defer any distributions of
restricted stock. I believe I selected the minimum amount required to be
kept in enron stock (50%). Are you saying that all the previous grants have
fully vested and been distributed to my deferral account?
Thank you for looking into this issue.
Phillip
| ||
allen-p/all_documents/466.
|
subject: Sagewood M/F
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/15/2001
12:38 PM ---------------------------
[email protected] on 03/15/2001 10:06:15 AM
To: [email protected]
cc:
Subject: Sagewood M/F
(See attached file: outline.doc)
(See attached file: MAPTTRA.xls)
(Sample checklist of items needed for closing. We have received some of the
items to date)
(See attached file: Checklist.doc)
- outline.doc
- MAPTTRA.xls
- Checklist.doc
| ||
allen-p/all_documents/467.
|
subject:
content: Lucy,
Somehow my email account lost the rentroll you sent me on Tuesday. Please
resend it and I will roll it for this week this morning.
Phillip
| ||
allen-p/all_documents/468.
|
subject:
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/14/2001
06:51 PM ---------------------------
From: Keith Holst 03/14/2001 04:30 PM
To: Phillip K Allen/HOU/ECT@ECT
cc:
Subject:
| ||
allen-p/all_documents/469.
|
subject: Bishops Corner, Ltd. Buyout
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/14/2001
04:02 PM ---------------------------
"George Richards" <[email protected]> on 03/13/2001 11:29:49 PM
Please respond to <[email protected]>
To: "Phillip Allen" <[email protected]>, "Keith Holst" <[email protected]>
cc: "Larry Lewter" <[email protected]>, "Claudia L. Crocker"
<[email protected]>
Subject: Bishops Corner, Ltd. Buyout
[IMAGE][IMAGE]??????????? ???????????
8511 Horseshoe Ledge, Austin, TX? 78730-2840
Telephone (512) 338-1119? Fax(512)338-1103
E-Mail? [email protected]
?
?
?
?
March 13, 2001?
Phillip Allen
Keith Holst
ENRON
1400 Smith Street
Houston, TX? 77002-7361
Subject: Bishops Corner, Ltd. -- Restructure or Buyout
Dear Phillip and Keith:
We are prepared to sell Bishops Corner, Ltd. for reimbursement of our cash
expenditures; compensation for our management services and your assumption of
all note obligations and design contracts.?
As shown on the attached summary table, cash expenditures total $21,196 and
existing contracts to the architect, civil engineer, soils testing company,
and appraisal total $67,050.? The due on these contracts is $61,175, of which
current unpaid invoices due total $37,325.
Acting in good faith, we have invested an enormous amount of time into this
project for more than five months and have completed most of the major design
and other pre-construction elements.? As it is a major project for a firm of
our size, it was given top priority with other projects being delayed or
rejected, and we are now left with no project to pursue.?
Two methods for valuing this development management are 1) based on a
percentage of the minimum $1.4MM fee we were to have earned and 2) based on
your prior valuation of our time.? For the first, we feel that at least 25%,
or $350,000, of the minimum $1.4MM fee has been earned to date.? For the
second, in your prior correspondence you valued our time at $500,000 per
year, which would mean this period was worth $208,333.? Either of these
valuations seem quite fair and reasonable, especially as neither includes the
forfeit of our 40% interest in the project worth $0.8--$1.2MM. ?However, in
the hope that we can maintain a good relationship with the prospect of future
projects, we are willing to accept only a small monthly fee of $15,000 per
month to cover a portion of our direct time and overhead.? As shown in the
attached table, this fee, plus cash outlays and less accrued interest brings
the total net buyout to $78,946.?
We still believe that this project needs the professional services that we
offer and have provided.? However, if you accept the terms of this buyout
offer, which we truly feel is quite fair and reasonable, then, we are
prepared to be bought out and leave this extraordinary project to you both.?
If this is your
choice, either contact us, or have your attorney contact our attorney,
Claudia Crocker, no later than Friday of this week.? The attorneys can then
draft whatever minimal documents are necessary for the transfer of the
Bishops Corner, Ltd. Partnership to you following receipt of the buyout
amount and assumption of the outstanding professional design contracts.
Thank you.
?
Sincerely,
[IMAGE]
?
?
?
George W. Richards
President
P.S.????? Copies of contracts will be forwarded upon acceptance of buyout.
?
cc:??????? Larry Lewter
??????????? Claudia Crocker
- image001.wmz
- image002.gif
- image003.png
- image004.gif
- header.htm
- oledata.mso
- Restructure Buyout.xls
| ||
allen-p/all_documents/47.
|
subject: Re: Associates & Analysts Eligible for Promotion
content: I would support Matt Lenhart's promotion to the next level.
I would oppose Ken Shulklapper's promotion.
| ||
allen-p/all_documents/470.
|
subject:
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/14/2001
04:01 PM ---------------------------
From: Phillip K Allen 03/14/2001 09:49 AM
To: [email protected]
cc:
Subject:
Here is the buyout spreadsheet again with a slight tweak in the format. The
summary presents the numbers as only $1400 in concessions.
| ||
allen-p/all_documents/471.
|
subject:
content: Gentlemen,
Today I finally received some information on the status of the work done to
date. I spoke to Hugo Alexandro at Cuatro Consultants. The property is
still in two parcels. Hugo has completed a platt to combine into one lot
and is ready to submit it to the city of San Marcos. He has also completed a
topographical survey and a tree survey. In addition, he has begun to
coordinate with the city on the replatting and a couple of easements on the
smaller parcel, as well as, beginning the work on the grading. Hugo is going
to fax me a written letter of the scope of work he has been engaged to
complete. The total cost of his services are estimated at $38,000 of which
$14,000 are due now for work completed.
We are trying to resolve the issues of outstanding work and bills incurred by
the original developer so we can obtain the title to the land. If we can
continue to use Cuatro then it would be one less point of contention. Hugo's
number is 512-295-8052. I thought you might want to contact him directly and
ask him some questions. I spoke to him about the possibility of your call
and he was fine with that.
Now we are going to try and determine if any of the work performed by Kipp
Flores can be used.
Keith and I appreciate you meeting with us on Sunday. We left very
optimistic about the prospect of working with you on this project.
Call me with feedback after you speak to Hugo or with any other ideas about
moving this project forward.
Phillip
| ||
allen-p/all_documents/472.
|
subject:
content: Here is the buyout spreadsheet again with a slight tweak in the format. The
summary presents the numbers as only $1400 in concessions.
| ||
allen-p/all_documents/473.
|
subject: Bishops Corner, Ltd. Buyout
content: Jacques,
George finally sent me some information. Please look over his email. He
wants us to buy him out. Keith and I think this is a joke.
We still need to speak to his engineer and find out about his soil study to
determine if it has any value going forward. I don't believe the architect
work will be of any use to us. I don't think they deserve any compensation
for their time due to the fact that intentional or not the project they were
proposing was unsupportable by the market.
My version of a buyout is attached.
I need your expert advise. I am ready to offer my version or threaten to
foreclose. Do they have a case that they are due money for their time?
Since their cost
and fees didn't hold up versus the market and we didn't execute a contract, I
wouldn't think they would stand a chance. There isn't any time to waste so I
want to respond to their offer asap.
Call me with your thoughts.
Phillip
---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/14/2001
08:36 AM ---------------------------
"George Richards" <[email protected]> on 03/13/2001 11:29:49 PM
Please respond to <[email protected]>
To: "Phillip Allen" <[email protected]>, "Keith Holst" <[email protected]>
cc: "Larry Lewter" <[email protected]>, "Claudia L. Crocker"
<[email protected]>
Subject: Bishops Corner, Ltd. Buyout
[IMAGE][IMAGE]??????????? ???????????
8511 Horseshoe Ledge, Austin, TX? 78730-2840
Telephone (512) 338-1119? Fax(512)338-1103
E-Mail? [email protected]
?
?
?
?
March 13, 2001?
Phillip Allen
Keith Holst
ENRON
1400 Smith Street
Houston, TX? 77002-7361
Subject: Bishops Corner, Ltd. -- Restructure or Buyout
Dear Phillip and Keith:
We are prepared to sell Bishops Corner, Ltd. for reimbursement of our cash
expenditures; compensation for our management services and your assumption of
all note obligations and design contracts.?
As shown on the attached summary table, cash expenditures total $21,196 and
existing contracts to the architect, civil engineer, soils testing company,
and appraisal total $67,050.? The due on these contracts is $61,175, of which
current unpaid invoices due total $37,325.
Acting in good faith, we have invested an enormous amount of time into this
project for more than five months and have completed most of the major design
and other pre-construction elements.? As it is a major project for a firm of
our size, it was given top priority with other projects being delayed or
rejected, and we are now left with no project to pursue.?
Two methods for valuing this development management are 1) based on a
percentage of the minimum $1.4MM fee we were to have earned and 2) based on
your prior valuation of our time.? For the first, we feel that at least 25%,
or $350,000, of the minimum $1.4MM fee has been earned to date.? For the
second, in your prior correspondence you valued our time at $500,000 per
year, which would mean this period was worth $208,333.? Either of these
valuations seem quite fair and reasonable, especially as neither includes the
forfeit of our 40% interest in the project worth $0.8--$1.2MM. ?However, in
the hope that we can maintain a good relationship with the prospect of future
projects, we are willing to accept only a small monthly fee of $15,000 per
month to cover a portion of our direct time and overhead.? As shown in the
attached table, this fee, plus cash outlays and less accrued interest brings
the total net buyout to $78,946.?
We still believe that this project needs the professional services that we
offer and have provided.? However, if you accept the terms of this buyout
offer, which we truly feel is quite fair and reasonable, then, we are
prepared to be bought out and leave this extraordinary project to you both.?
If this is your
choice, either contact us, or have your attorney contact our attorney,
Claudia Crocker, no later than Friday of this week.? The attorneys can then
draft whatever minimal documents are necessary for the transfer of the
Bishops Corner, Ltd. Partnership to you following receipt of the buyout
amount and assumption of the outstanding professional design contracts.
Thank you.
?
Sincerely,
[IMAGE]
?
?
?
George W. Richards
President
P.S.????? Copies of contracts will be forwarded upon acceptance of buyout.
?
cc:??????? Larry Lewter
??????????? Claudia Crocker
- image001.wmz
- image002.gif
- image003.png
- image004.gif
- header.htm
- oledata.mso
- Restructure Buyout.xls
| ||
allen-p/all_documents/474.
|
subject: FW: ALL 1099 TAX QUESTIONS - ANSWERED
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/13/2001
04:00 PM ---------------------------
"Benotti, Stephen" <[email protected]> on 03/13/2001 12:58:24 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: FW: ALL 1099 TAX QUESTIONS - ANSWERED
Notice Regarding Entry of Orders and Instructions: Please
do not transmit orders and/or instructions regarding your
PaineWebber account(s) by e-mail. Orders and/or instructions
transmitted by e-mail will not be accepted by PaineWebber and
PaineWebber will not be responsible for carrying out such orders
and/or instructions. Notice Regarding Privacy and Confidentiality:
PaineWebber reserves the right to monitor and review the content of
all e-mail communications sent and/or received by its employees.
- 1494 How To File.pdf
| ||
allen-p/all_documents/475.
|
subject:
content: George,
I didn't receive the information on work completed or started. Please send
it this morning.
We haven't discussed how to proceed with the land. The easiest treatment
would be just to deed it to us. However, it might be more
advantageous to convey the partnership.
Also, I would like to speak to Hugo today. I didn't find a Quattro
Engineering in Buda. Can you put me in contact with him.
Talk to you later.
Phillip
| ||
allen-p/all_documents/476.
|
subject: matt Smith
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/12/2001
11:47 AM ---------------------------
Mike Grigsby
03/07/2001 08:05 PM
To: Phillip K Allen/HOU/ECT@ECT
cc:
Subject: matt Smith
Let's have Matt start on the following:
Database for hourly storage activity on Socal. Begin forecasting hourly and
daily activity by backing out receipts, using ISO load actuals and backing
out real time imports to get in state gen numbers for gas consumption, and
then using temps to estimate core gas load. Back testing once he gets
database created should help him forecast core demand.
Update Socal and PG&E forecast sheets. Also, break out new gen by EPNG and
TW pipelines.
Mike
| ||
allen-p/all_documents/477.
|
subject:
content: Lucy,
Here is a rentroll for this week.
What is the outstanding balance on #1. It looks like 190 + 110(this week)=
300. I don't think we should make him pay late fees if can't communicate
clearly.
#2 still owe deposit?
#9 What day will she pay and is she going to pay monthly or biweekly.
Have a good weekend. I will talk to you next week.
In about two weeks we should know for sure if these buyers are going to buy
the property. I will keep you informed.
Phillip
| ||
allen-p/all_documents/478.
|
subject: Mike Grigsby
content: Please approve Mike Grigsby for Bloomberg.
Thank You,
Phillip Allen
| ||
allen-p/all_documents/479.
|
subject: Sagewood Phase II
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/08/2001
01:32 PM ---------------------------
[email protected] on 03/07/2001 11:41:43 AM
To: [email protected]
cc:
Subject: Sagewood Phase II
---------------------- Forwarded by Andrew M Ozuna/TX/BANCONE on 03/07/2001
01:41 PM ---------------------------
Andrew M Ozuna
03/06/2001 03:14 PM
To: "George Richards" <[email protected]>
cc:
Subject: Sagewood Phase II
George,
Thank you for the opportunity to review your financing request for the
Sagewood
Phase II project. Upon receipt of all the requested information regarding the
project, we completed somewhat of a due diligence on the market. There are a
number of concerns which need to be addressed prior to the Bank moving forward
on the transaction. First, the pro-forma rental rates, when compared on a
Bedroom to Bedroom basis, are high relative to the market. We adjusted
pro-forma downward to match the market rates and the rates per bedroom we are
acheiving on the existing Sagewood project. Additionally, there are about
500+
units coming on-line within the next 12 months in the City of San Marcos,
this,
we believe will causes some downward rent pressures which can have a serious
effect on an over leveraged project. We have therefore adjusted the requested
loan amount to $8,868,000.
I have summarized our issues as follows:
1. Pro-forma rental rates were adjusted downward to market as follows:
Pro-Forma Bank's Adjustment
Unit Unit Rent Rent/BR Unit Rent Rent/BR
2 BR/2.5 BA $1,150 $575 $950 $475
3 BR/Unit $1,530 $510 $1,250 $417
2. Pro-forma expenses were increased to include a $350/unit reserve for unit
turn over.
3. A market vacancy factor of 5% was applied to Potential Gross Income (PGI).
4. Based on the Bank's revised N.O.I. of $1,075,000, the project can support
debt in the amount of $8,868,000, and maintain our loan parameters of 1.25x
debt
coverage ratio, on a 25 year amo., and 8.60% phantom interest rate.
5. The debt service will be approx. $874,000/year.
6. Given the debt of $8,868,000, the Borrower will be required to provide
equity of $2,956,000, consisting of the following:
Land - $1,121,670
Deferred profit& Overhead $ 415,000
Cash Equity $1,419,268
Total $2,955,938
7. Equity credit for deferred profit and overhead was limited to a percentage
of
actual hard construction costs.
(See attached file: MAPTTRA.xls)
- MAPTTRA.xls
| ||
allen-p/all_documents/48.
|
subject: Re: Court Ordered Notice to Customers and Registered Users of
content: please remove my name and information from the registered user list. Do not
sell my information.
Phillip Allen
| ||
allen-p/all_documents/480.
|
subject: Re: San Marcos
content: Darrell,
Today I let the builder/developer know that I would not proceed with his
excessively high cost estimates. As he did not have the funds to take on the
land himself, he was agreeable to turning over the land to me. I would like
to proceed and develop the property.
My thought is to compare the financing between Bank One and FHA. I would
also like to compare construction and development services between what you
can do and a local builder in San Marcos that I have been speaking with.
Making a trip to meet you and take a look at some of your projects seems to
be in order. I am trying to get the status of engineering and architectural
work to date. Once again the architect is Kipp Florres and the engineer is
Quattro Consultants out of Buda. Let me know if you have an opinion about
either.
I look forward to working with you. Talk to you tomorrow.
Phillip
| ||
allen-p/all_documents/481.
|
subject: Revised Long Range Hydro Forecast
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/07/2001
01:00 PM ---------------------------
TIM HEIZENRADER
03/05/2001 09:06 AM
To: Phillip K Allen/HOU/ECT@ECT
cc: Tim Belden/HOU/ECT@ECT, Chris Gaskill/Corp/Enron@Enron
Subject: Revised Long Range Hydro Forecast
Phillip:
Here's a summary of our current forecast(s) for PNW hydro. Please give me a
call when you have time, and I'll explain the old BiOp / new BiOp issue.
Tim
| ||
allen-p/all_documents/482.
|
subject:
content: Reagan,
Here is the cost estimate and proforma prepared by George and Larry. I am
faxing the site plan, elevation, and floor plans.
Phillip
| ||
allen-p/all_documents/483.
|
subject: RE: the stage
content: I just refaxed. Please confirm receipt
| ||
allen-p/all_documents/484.
|
subject: Re: the stage
content: I faxed you the signed amendment.
| ||
allen-p/all_documents/485.
|
subject:
content: Daryl,
Here is the file that includes the proforma, unit costs, and comps. This
file was prepared by the builder/developer.
The architect that has begun to work on the project is Kipp Flores. They are
in Austin.
Thank you for your time this evening. Your comments were very helpful. I
appreciate you and Greg taking a look at this project.
Phillip Allen
[email protected]
713-853-7041
| ||
allen-p/all_documents/486.
|
subject: Re: MS 150
content: Al,
I was not going to do the MS this year. Thanks for the offer though.
All is well here. We went to Colorado last week and the kids learned to
ski. Work is same as always.
How are things going at New Power? Is there any potential?
Phillip
| ||
allen-p/all_documents/487.
|
subject: FW: Cross Commodity
content: John,
Did you put Frank Hayden up to this? If this decision is up to me I would=
=20
consider authorizing Mike G., Frank E., Keith H. and myself to trade west=
=20
power. What do you think?
Phillip
---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/06/2001=
=20
10:48 AM ---------------------------
From: Frank Hayden/ENRON@enronXgate on 03/05/2001 09:27 AM CST
To: Phillip K Allen/HOU/ECT@ECT
cc: =20
Subject: FW: Cross Commodity
-----Original Message-----
From: Hayden, Frank =20
Sent: Friday, March 02, 2001 7:01 PM
To: Presto, Kevin; Zufferli, John; McKay, Jonathan; Belden, Tim; Shively,=
=20
Hunter; Neal, Scott; Martin, Thomas; Allen, Phillip; Arnold, John
Subject: Cross Commodity
Importance: High
I=01,ve been asked to provide an updated list on who is authorized to cross=
=20
trade what commodities/products. As soon as possible, please reply to this=
=20
email with the names of only the authorized =01&cross commodity=018 traders=
and=20
their respective commodities. (natural gas, crude, heat, gasoline, weather,=
=20
precip, coal, power, forex (list currency), etc..)
Thanks,
Frank
PS. Traders limited to one commodity do not need to be included on this lis=
t.
| ||
allen-p/all_documents/488.
|
subject:
content: George,
I am back in the office and ready to focus on the project. I still have
the concerns that I had last week. Specifically that the costs of our
project are too high. I have gathered more information that support my
concerns. Based on my research, I believe the project should cost around
$10.5 million. The components are as follows:
Unit Cost, Site work, &
builders profit($52/sf) $7.6 million
Land 1.15
Interim Financing .85
Common Areas .80
Total $10.4
Since Reagan's last 12 units are selling for around $190,000, I am unable
to get comfortable building a larger project at over $95,000/unit in costs.
Also, the comps used in the appraisal from Austin appear to be class A
properties. It seems unlikely that student housing in San Marcos can
produce the same rent or sales price. There should adjustments for
location and the seasonal nature of student rental property. I recognize
that Sagewood is currently performing at occupancy and $/foot rental rates
that are closer to the appraisal and your pro formas, however, we do not
believe that the market will sustain these levels on a permanent basis.
Supply will inevitablely increase to drive this market more in balance.
After the real estate expert from Houston reviewed the proforma and cost
estimates, his comments were that the appraisal is overly optimistic. He
feels that the permanent financing would potentially be around $9.8
million. We would not even be able to cover the interim financing.
Keith and I have reviewed the project thoroughly and are in agreement that
we cannot proceed with total cost estimates significantly above $10.5
million. We would like to have a conference call Tuesday afternoon to
discuss
alternatives.
Phillip
| ||
allen-p/all_documents/489.
|
subject:
content: George,
I am back in the office and ready to focus on the project. I still have the
concerns that I had last week. Specifically that the costs of our project
are too high. I have gathered more information that support my concerns.
Based on my research, I believe the project should cost around $10.5
million. The components are as follows:
Unit Cost, Site work, &
builders profit($52/sf) $7.6 million
Land 1.15
Interim Financing .85
Common Areas .80
Total $10.4
Since Reagan's last 12 units are selling for around $190,000, I am unable to
get comfortable building a larger project at over $95,000/unit in costs.
Also, the comps used in the appraisal from Austin appear to be class A
properties. It seems unlikely that student housing in San Marcos can produce
the same rent or sales price. There should adjustments for location and the
seasonal nature of student rental property. I recognize that Sagewood is
currently performing at occupancy and $/foot rental rates that are closer to
the appraisal and your pro formas, however, we do not believe that the market
will sustain these levels on a permanent basis. Supply will inevitablely
increase to drive this market more in balance.
After the real estate expert from Houston reviewed the proforma and cost
estimates, his comments were that the appraisal is overly optimistic. He
feels that the permanent financing would potentially be around $9.8 million.
We would not even be able to cover the interim financing.
Keith and I have reviewed the project thoroughly and are in agreement that we
cannot proceed with total cost estimates significantly above $10.5 million.
We would like to have a conference call tomorrow to discuss alternatives.
Phillip
| ||
allen-p/all_documents/49.
|
subject: Headcount
content: Financial (6)
West Desk (14)
Mid Market (16)
| ||
allen-p/all_documents/490.
|
subject:
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/05/2001
01:59 PM ---------------------------
From: Phillip K Allen 03/05/2001 10:37 AM
To: [email protected]
cc:
Subject:
| ||
allen-p/all_documents/491.
|
subject: Re: Insight Hardware
content: I have not received the aircard 300 yet.
Phillip
| ||
allen-p/all_documents/492.
|
subject: Re: Producer Services
content: Don,
I was out last week. Regarding the Montana supply, you can refer them to
Mark Whitt in Denver.
Let me know when you want to have the other meeting.
Also, we frequently give out quotes to mid-marketers on Fred LaGrasta's desk
or Enron marketers in New York where the customer is EES. I don't understand
why your people don't contact the desk directly.
Phillip
| ||
allen-p/all_documents/493.
|
subject: Re: Enron's March Basdeload Fixed price physical deals as of 2/27
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 03/05/2001
07:10 AM ---------------------------
[email protected] on 02/28/2001 02:14:43 PM
To: [email protected]
cc: [email protected]
Subject: Re: Enron's March Basdeload Fixed price physical deals as of 2/27
/01 Attachment is free from viruses. Scan Mail
Sorry, the deadline will have passed. Only Enron's deals through yesterday
will
be included in our survey.
[email protected] on 02/28/2001 04:57:52 PM
To: Liane Kucher/Wash/Magnews@Magnews
cc:
Subject: Re: Enron's March Basdeload Fixed price physical deals as of 2/27
/01
Attachment is free from viruses. Scan Mail
We will send it out this evening after we Calc our books. Probably around
7:00 pm
Anne
[email protected] on 02/28/2001 01:43:44 PM
To: [email protected]
cc:
Subject: Re: Enron's March Basdeload Fixed price physical deals as of 2/27
/01 Attachment is free from viruses. Scan Mail
Anne,
Are you planning to send today's bidweek deals soon? I just need to know
whether
to transfer everything to the data base.
Thanks,
Liane Kucher
202-383-2147
| ||
allen-p/all_documents/494.
|
subject: San Marcos construction project
content: Please find attached the pro formas for the project in San Marcos.
Thanks again.
| ||
allen-p/all_documents/495.
|
subject:
content: Lucy,
Here are few questions regarding the 2/16 rentroll:
#2 Has she actually paid the $150 deposit. Her move in date was 2/6. It is
not on any rentroll that I can see.
#9 Explain again what deposit and rent is transferring from #41 and when she
will start paying on #9
#15 Since he has been such a good tenant for so long. Stop trying to
collect the $95 in question.
#33 Missed rent. Are they still there?
#26 I see that she paid a deposit. But the file says she moved in on 1/30.
Has she ever paid rent? I can't find any on the last three deposits.
#44 Have the paid for February? There is no payment since the beginning of
the year.
#33 You email said they paid $140 on 1/30 plus $14 in late fees, but I don't
see that on the 1/26 or 2/2 deposit?
The last three questions add up to over $1200 in missing rent. I need you to
figure these out immediately.
I emailed you a new file for 2/23 and have attached the last three rentroll
in case you need to research these questions.
I will not be in the office next week. If I can get connected you might be
able to email me at [email protected]. Otherwise try and work with Gary
on pressing issues. If there is an emergency you can call me at 713-410-4679.
Phillip
| ||
allen-p/all_documents/496.
|
subject: Re: Genesis Plant Tour
content: George,
I can take a day off the week I get back from vacation. Any day between
March 5th-9th would work but Friday or Thursday would be my preference.
Regarding the differences in the two estimates, I don't want to waste your
time explaining the differences if the 1st forecast was very rough. The
items I listed moved dramatically. Also, some of the questions were just
clarification of what was in a number.
Let's try and reach an agreement on the construction manager issue tomorrow
morning.
Phillip
| ||
allen-p/all_documents/497.
|
subject: RE: Comparison of Estimates
content: George,
The numbers on your fax don't agree to the first estimate that I am using.
Here are the two files I used.
Phillip
| ||
allen-p/all_documents/498.
|
subject: Sagewood II
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/23/2001
02:27 PM ---------------------------
[email protected] on 02/21/2001 07:28:47 AM
To: [email protected]
cc:
Subject: Sagewood II
Phillip -
George Richards asked that I drop you a line this morning to go over some
details on the San Marcos project.
1. First, do you know if I am to receive a personal financial statement from
Keith? I want to make sure my credit write-up includes all the principals in
the transaction.
2. Second, without the forward or take-out our typical Loan to Cost (LTC)
will
be in the range of 75% - 80%. The proposed Loan to Value of 75% is within the
acceptable range for a typical Multi-Family deal. Given the above pro-forma
performance on the Sagewood Townhomes, I am structuring the deal to my credit
officer as an 80% LTC. This, of course, is subject to the credit officer
signing off on the deal.
3. The Bank can not give dollar for dollar equity credit on the Developers
deferred profit. Typically, on past deals a 10% of total project budget as
deferred profit has been acceptable.
Thanks,
Andrew Ozuna
Real Estate Loan Officer
210-271-8386
##
| ||
allen-p/all_documents/499.
|
subject: New Generation Report for January 2001
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/23/2001
11:17 AM ---------------------------
From: Jeffrey Oh 02/02/2001 08:51 AM
To: Phillip K Allen/HOU/ECT@ECT, Julie A Gomez/HOU/ECT@ECT, Tim
Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Matt Motley/PDX/ECT@ECT, Mike
Swerzbin/HOU/ECT@ECT, Jim Gilbert/PDX/ECT@ECT, David Parquet/SF/ECT@ECT,
[email protected], Jim Buerkle/PDX/ECT@ECT, Elliot Mainzer/PDX/ECT@ECT,
Jeffrey Oh/PDX/ECT@ECT, Todd Perry/PDX/ECT@ECT, Laird Dyer/SF/ECT@ECT,
Michael McDonald/SF/ECT@ECT, Ed Clark/PDX/ECT@ECT, Dave Fuller/PDX/ECT@ECT,
Alan Comnes/PDX/ECT@ECT, Michael Etringer/HOU/ECT@ECT, John
Malowney/HOU/ECT@ECT, Stewart Rosman/HOU/ECT@ECT, Jeff Shields/PDX/ECT@ECT
cc:
Subject: New Generation Report for January 2001
| ||
allen-p/all_documents/5.
|
subject: Your Approval is Overdue: Access Request for
content: This request has been pending your approval for 2 days. Please click
http://itcapps.corp.enron.com/srrs/auth/emailLink.asp?ID=000000000009659&Page=
Approval to review and act upon this request.
Request ID : 000000000009659
Request Create Date : 12/8/00 8:23:47 AM
Requested For : [email protected]
Resource Name : VPN
Resource Type : Applications
| ||
allen-p/all_documents/50.
|
subject: New Generation, Nov 30th
content: ---------------------- Forwarded by Tim Belden/HOU/ECT on 12/05/2000 05:44 AM
---------------------------
Kristian J Lande
12/01/2000 03:54 PM
To: Christopher F Calger/PDX/ECT@ECT, Jake Thomas/HOU/ECT@ECT, Frank W
Vickers/HOU/ECT@ECT, Elliot Mainzer/PDX/ECT@ECT, Michael McDonald/SF/ECT@ECT,
David Parquet/SF/ECT@ECT, Laird Dyer/SF/ECT@ECT, Jim Buerkle/PDX/ECT@ECT, Jim
Gilbert/PDX/ECT@ECT, Terry W Donovan/HOU/ECT@ECT, Jeff G
Slaughter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ed Clark/PDX/ECT@ECT, Saji
John/HOU/ECT@ECT, Michael Etringer/HOU/ECT@ECT
cc: Alan Comnes/PDX/ECT@ECT, Tim Belden/HOU/ECT@ECT, Robert
Badeer/HOU/ECT@ECT, Matt Motley/PDX/ECT@ECT, Mike Swerzbin/HOU/ECT@ECT, Todd
Perry/PDX/ECT@ECT, Jeffrey Oh/PDX/ECT@ECT
Subject: New Generation, Nov 30th
| ||
allen-p/all_documents/500.
|
subject: Re: Comparison of Estimates
content: You can fax it anytime. But I saved the spreadsheets from the previous
estimates. What will be different in the fax?
| ||
allen-p/all_documents/501.
|
subject: Recession Scenario Impact on Power and Gas
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/22/2001
08:49 AM ---------------------------
Enron North America Corp.
From: Frank Hayden @ ENRON 02/21/2001 05:46 PM
To: Tim Belden/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Phillip K
Allen/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, John
Arnold/HOU/ECT@ECT, John J Lavorato/Corp/Enron, Louise Kitchen/HOU/ECT@ECT,
Thomas A Martin/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT
cc:
Subject: Recession Scenario Impact on Power and Gas
Attached is a CERA presentation regarding recession impact. Feel free to
call in any listen to pre-recorded discussion on slides. (approx. 20mins)
CERA is forecasting some recession impact on Ca., but not enough to alleviate
problem.
Frank
Call in number 1-888-203-1112
Passcode: 647083#
| ||
allen-p/all_documents/502.
|
subject: SM134 Proforma2.xls
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/21/2001
04:25 PM ---------------------------
"George Richards" <[email protected]> on 02/21/2001 06:32:15 AM
Please respond to <[email protected]>
To: "Phillip Allen" <[email protected]>
cc: "Larry Lewter" <[email protected]>
Subject: SM134 Proforma2.xls
There have been some updates to the cost. The principal change is in the
addition of masonry on the front of the buildings, which I estimate will
costs at least $84,000 additional. Also, the trim material and labor costs
have been increased. I still believe that the total cost is more than
sufficient, but there will be additional updates.
The manager's unit is columns J-L, but the total is not included in the B&N
total of rentable units. Rather, the total cost for the manager's unit and
office is included as a lump sum under amenities. I may add this back in as
a rentable unit and delete is as an amenity.
The financing cost has been changed in that the cost of the permanent
mortgage has been deleted because we will not need to obtain this for the
construction loan approval, therefore, its cost will be absorbed when this
loan is obtained.
Based on either a loan equal to 75% of value or 80% of cost, the
construction profit should cover any equity required beyond the land.
George W. Richards
Creekside Builders, LLC
- SM134 Proforma2.xls
| ||
allen-p/all_documents/503.
|
subject: Re: Weekly Status Meeting
content: Tomorrow is fine. Talk to you then.
Phillip
| ||
allen-p/all_documents/504.
|
subject: Weekly Status Meeting
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/21/2001
03:57 PM ---------------------------
"George Richards" <[email protected]> on 02/21/2001 01:10:33 PM
Please respond to <[email protected]>
To: "Keith Holst" <[email protected]>, "Phillip Allen" <[email protected]>
cc: "Larry Lewter" <[email protected]>
Subject: Weekly Status Meeting
Phillip and Keith, this cold of mine is getting the better of me. Would it
be possible to reschedule our meeting for tomorrow? If so, please reply to
this e-mail with a time. I am open all day, but just need to get some rest
this afternoon.
George W. Richards
Creekside Builders, LLC
| ||
allen-p/all_documents/505.
|
subject: leander and the Stage
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/21/2001
03:57 PM ---------------------------
"Jeff Smith" <[email protected]> on 02/21/2001 01:24:15 PM
To: <[email protected]>
cc:
Subject: leander and the Stage
Phillip,
I spoke with AMF's broker today, and they will be satisfied with the deal if
we can get the school to agree to limit the current land use restrictions to
the terms that are in the existing agreement. They do not want the school
to come back at a later date for something different. Doug Bell will meet
with a school official on Monday to see what their thoughts are about the
subject. It would be hard for them to change the current agreement, but AMF
wants something in writing to that effect. I spoke to AMF's attorney today,
and explained the situation. They are OK with deal if AMF is satisfied.
AMF's broker said that they will be ready to submit their site plan after
the March 29 hearing. We may close this deal in April.
The Stage is still on go. An assumption package has been sent to the buyer,
and I have overnighted a copy of the contract and a description of the
details to Wayne McCoy.
I will be gone Thurs. and Fri. of this week. I will be checking my
messages.
Jeff Smith
The Smith Company
2714 Bee Cave Road, Suite 100-D
Austin, Texas? 78746
512-732-0009
512-732-0010 fax
512-751-9728 mobile
| ||
allen-p/all_documents/506.
|
subject: Daily California Call Moved to Weekly Call
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/21/2001
03:36 PM ---------------------------
From: James D Steffes@ENRON on 02/21/2001 12:07 PM CST
To: Alan Comnes/PDX/ECT@ECT, Chris H Foster/HOU/ECT@ECT, Christian
Yoder/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT, Dan Leff/HOU/EES@EES,
David W Delainey/HOU/ECT@ECT, Dennis Benevides/HOU/EES@EES, Don
Black/HOU/EES@EES, Elizabeth Sager/HOU/ECT@ECT, Elizabeth Tilney/HOU/EES@EES,
Eric Thode/Corp/Enron@ENRON, Gordon Savage/HOU/EES@EES, Greg
Wolfe/HOU/ECT@ECT, Harry Kingerski/NA/Enron@Enron, Jubran Whalan/HOU/EES@EES,
Jeff Dasovich/NA/Enron@Enron, Jeffrey T Hodge/HOU/ECT@ECT, Joe
Hartsoe/Corp/Enron@ENRON, John J Lavorato/Corp/Enron@Enron, John
Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kathryn
Corbally/Corp/Enron@ENRON, Keith Holst/HOU/ECT@ect, Kristin
Walsh/HOU/ECT@ECT, Leslie Lawner/NA/Enron@Enron, Linda
Robertson/NA/Enron@ENRON, Louise Kitchen/HOU/ECT@ECT, Marcia A
Linton/NA/Enron@Enron, Mary Schoen/NA/Enron@Enron, [email protected], Mark
Palmer/Corp/Enron@ENRON, Marty Sunde/HOU/EES@EES, Mary Hain/HOU/ECT@ECT,
Michael Tribolet/Corp/Enron@Enron, Mike D Smith/HOU/EES@EES, Mike
Grigsby/HOU/ECT@ECT, Neil Bresnan/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT,
Phillip K Allen/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Rebecca W
Cantrell/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Rob Bradley/Corp/Enron@ENRON, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert Frank/NA/Enron@Enron,
Robert Frank/NA/Enron@Enron, Robert Johnston/HOU/ECT@ECT, Robert
Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandra
McCubbin/NA/Enron@Enron, Scott Stoness/HOU/EES@EES, Shelley
Corman/Enron@EnronXGate, Steve C Hall/PDX/ECT@ECT, Steve Walton/HOU/ECT@ECT,
Steven J Kean/NA/Enron@Enron, Susan J Mara/NA/Enron, Tim Belden/HOU/ECT@ECT,
Tom Briggs/NA/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Vance
Meyer/NA/Enron@ENRON, Vicki Sharp/HOU/EES@EES, Wendy Conwell/NA/Enron@ENRON,
William S Bradford/HOU/ECT@ECT, Tara Piazze/NA/Enron@ENRON
cc:
Subject: Daily California Call Moved to Weekly Call
As a reminder, the daily call on California has ended.
We will now have a single weekly call on Monday at 10:30 am Houston time.
Updates will be provided through e-mail as required.
Jim Steffes
| ||
allen-p/all_documents/507.
|
subject: SM134 Proforma2.xls
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/21/2001
03:30 PM ---------------------------
"George Richards" <[email protected]> on 02/21/2001 06:32:15 AM
Please respond to <[email protected]>
To: "Phillip Allen" <[email protected]>
cc: "Larry Lewter" <[email protected]>
Subject: SM134 Proforma2.xls
There have been some updates to the cost. The principal change is in the
addition of masonry on the front of the buildings, which I estimate will
costs at least $84,000 additional. Also, the trim material and labor costs
have been increased. I still believe that the total cost is more than
sufficient, but there will be additional updates.
The manager's unit is columns J-L, but the total is not included in the B&N
total of rentable units. Rather, the total cost for the manager's unit and
office is included as a lump sum under amenities. I may add this back in as
a rentable unit and delete is as an amenity.
The financing cost has been changed in that the cost of the permanent
mortgage has been deleted because we will not need to obtain this for the
construction loan approval, therefore, its cost will be absorbed when this
loan is obtained.
Based on either a loan equal to 75% of value or 80% of cost, the
construction profit should cover any equity required beyond the land.
George W. Richards
Creekside Builders, LLC
- SM134 Proforma2.xls
| ||
allen-p/all_documents/508.
|
subject:
content: John,
Does next Thursday at 3pm fit your schedule to go over the rockies
forecasts? I will set up a room with Kim.
Here are some suggestions for projects for Colleen:
1. Review and document systems and processes - The handoffs from ERMS,
TAGG, Unify, Sitara and other systems are not clearly understood by all the
parties trying to make improvements. I think I understand ERMS and
TAGG but the issues facing
scheduling in Unify are grey.
2. Review and audit complex deals- Under the "assume it is messed up"
policy, existing deals could use a review and the booking of new deals need
further scrutiny.
3. Review risk books- Is Enron accurately accounting for physical
imbalances, transport fuel, park and loan transactions?
4. Lead trading track program- Recruit, oversee rotations, design training
courses, review progress and make cuts.
5. Fundamentals- Liason between trading and analysts. Are we looking at
everything we should? Putting a person with a trading mentality should add
some value and direction to the group.
In fact there is so much work she could do that you probably need a second MD
to work part time to get it done.
Phillip
| ||
allen-p/all_documents/509.
|
subject: Re: FW: Change in the agroup Cycling Schedule
content: The spinning bikes are so much better than the life cycles. Would you
consider placing several spinning bikes out with the other exercise equipment
and running a spinning video on the TV's. I think the equipment would be
used much more. Members could just jump on a bike and follow the video any
time of day.
Let me know if this is possible.
Phillip Allen
X37041
| ||
allen-p/all_documents/51.
|
subject: Re: Transportation Reports
content: it is ok with me.
| ||
allen-p/all_documents/510.
|
subject: Re: General Issues
content: That would we very helpful.
Thanks,
Phillip
| ||
allen-p/all_documents/511.
|
subject: Re:
content: yes please
| ||
allen-p/all_documents/512.
|
subject:
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/20/2001
12:11 PM ---------------------------
From: Phillip K Allen 02/15/2001 01:13 PM
To: [email protected]
cc:
Subject:
Lucy,
Thanks for clearing up the 2/2 file. Moving on to 2/9, here are some
questions:
#1 It looks like he just missed 1/26&2/9 of $110. I can't tell if he still
owes $47 on his deposit.
#13 I show she missed rent on 1/26 and still owes $140.
#15 Try and follow up with Tomas about the $95. Hopefully, he won't have a
bad reaction.
#20b Missed rent?
#26 Has she paid any deposit or rent?
#27 Missed rent?
| ||
allen-p/all_documents/513.
|
subject:
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/20/2001
11:59 AM ---------------------------
From: Phillip K Allen 02/15/2001 01:13 PM
To: [email protected]
cc:
Subject:
Lucy,
Thanks for clearing up the 2/2 file. Moving on to 2/9, here are some
questions:
#1 It looks like he just missed 1/26&2/9 of $110. I can't tell if he still
owes $47 on his deposit.
#13 I show she missed rent on 1/26 and still owes $140.
#15 Try and follow up with Tomas about the $95. Hopefully, he won't have a
bad reaction.
#20b Missed rent?
#26 Has she paid any deposit or rent?
#27 Missed rent?
| ||
allen-p/all_documents/514.
|
subject: Re: General Issues
content: Jaques,
After meeting with George and Larry, it was clear that we have different
definitions of cost and profit. Their version includes the salary of a
superintendent and a junior superintendent as hard costs equivalent to third
party subs and materials. Then there is a layer of "construction management"
fees of 10%. There are some small incidental cost that they listed would be
paid out of this money. But I think the majority of it is profit. Finally
the builders profit of 1.4 million.
Keith and I were not sure whether we would be open to paying the supers out
of the cost or having them be paid out of the builders profit. After all, if
they are the builders why does there need to be two additional supervisors?
We were definitely not intending to insert an additional 10% fee in addition
to the superintendent costs. George claims that all of these costs have been
in the cost estimates that we have been using. I reviewed the estimates and
the superintendents are listed but I don't think the construction management
fee is included.
George gave me some contracts that show how these fees are standard. I will
review and let you know what I think.
The GP issues don't seem to be a point of contention. They are agreeable to
the 3 out 4 approval process.
Let me know if you have opinions or sources that I can use to push for only
true costs + 1.4 million.
Phillip
| ||
allen-p/all_documents/515.
|
subject: Re: DRAW2.xls
content: George,
Please send the latest cost estimates when you get a chance this morning.
Phillip
| ||
allen-p/all_documents/516.
|
subject:
content: Jeanie,
Lavorato called me into his office to question me about my inquiries into
part time. Nice confidentiality. Since I have already gotten the grief, it
would be nice to get some useful information. What did you find out about
part time, leave of absences, and sabbaticals? My interest is for 2002.
Phillip
| ||
allen-p/all_documents/517.
|
subject: DRAW2.xls
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/18/2001
07:44 PM ---------------------------
"George Richards" <[email protected]> on 02/15/2001 05:23:35 AM
Please respond to <[email protected]>
To: "Phillip Allen" <[email protected]>
cc: "Larry Lewter" <[email protected]>
Subject: DRAW2.xls
Enclosed is a copy of one of the draws submitted to Bank One for a prior
job.
George W. Richards
Creekside Builders, LLC
- DRAW2.xls
| ||
allen-p/all_documents/518.
|
subject: RE:
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/18/2001
07:42 PM ---------------------------
"Jeff Smith" <[email protected]> on 02/16/2001 07:24:59 AM
To: <[email protected]>
cc:
Subject: RE:
Here is what you need to bring.
Updated rent roll
Inventory of all personal property including window units.
Copies of all leases ( we can make these available at the office)
A copy of the note and deed of trust
Any service, maintenance and management agreements
Any environmental studies?
> -----Original Message-----
> From: [email protected] [mailto:[email protected]]
> Sent: Friday, February 16, 2001 8:53 AM
> To: [email protected]
> Subject: RE:
>
>
> Jeff,
>
> Here is the application from SPB. I guess they want to use the same form
> as a new loan application. I have a call in to Lee O'Donnell to try to
> find out if there is a shorter form. What do I need to be
> providing to the
> buyer according to the contract. I was planning on bringing a copy of the
> survey and a rentroll including deposits on Monday. Please let me know
> this morning what else I should be putting together.
>
>
> Phillip
>
>
> ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/16/2001
> 08:47 AM ---------------------------
>
>
> "O'Donnell, Lee (SPB)" <[email protected]> on 02/15/2001 05:36:08 PM
>
> To: "'[email protected]'" <[email protected]>
> cc:
> Subject: RE:
>
>
> I was told that you were faxed the loan application. I will send
> attachment
> for a backup. Also, you will need to provide a current rent roll and 1999
> &
> 2000 operating history (income & expense).
>
> Call me if you need some help.
>
> Thanks
>
> Lee O'Donnell
>
> -----Original Message-----
> From: [email protected] [mailto:[email protected]]
> Sent: Thursday, February 15, 2001 11:34 AM
> To: [email protected]
> Subject:
>
>
> Lee,
>
> My fax number is 713-646-2391. Please fax me a loan application
> that I can
> pass on to the buyer.
>
> Phillip Allen
> [email protected]
> 713-853-7041
>
>
> (See attached file: Copy of Loan App.tif)
> (See attached file: Copy of Multifamily forms)
>
>
| ||
allen-p/all_documents/519.
|
subject: Re: MAI Appraisal
content: I would like to have a copy of the appraisal. See you Monday at 2.
Phillip
| ||
allen-p/all_documents/52.
|
subject: SM134
content: [IMAGE]
Phillip:
Please excuse my oversight is not getting the proforma back to you in a
usable format.? I did not realize that I had selected winmail.dat rather than
sending it as an attachment.?? Then, I did not notice that I had overlooked
your email until today. ??That spread sheet is attached and an updated
proforma will go out to you this evening or tomorrow morning with a timeline.
?
George W. Richards
Creekside Builders, LLC
?
- image001.jpg
- image001.jpg
- SM134 Proforma.xls
| ||
allen-p/all_documents/520.
|
subject:
content: Andrew,
Here is an asset statement. I will mail my 98 & 99 Tax returns plus a 2000
W2. Is this sufficient?
Phillip Allen
713-853-7041 wk
713-463-8626 home
| ||
allen-p/all_documents/521.
|
subject: RE:
content: Lee,
Can you provide me with a copy of the original loan and a copy of the
original appraisal.
My fax number is 713-646-2391
Mailing address: 8855 Merlin Ct, Houston, TX 77055
Thank you,
Phillip Allen
| ||
allen-p/all_documents/522.
|
subject: RE:
content: Jeff,
Here is the application from SPB. I guess they want to use the same form as
a new loan application. I have a call in to Lee O'Donnell to try to find out
if there is a shorter form. What do I need to be providing to the buyer
according to the contract. I was planning on bringing a copy of the survey
and a rentroll including deposits on Monday. Please let me know this morning
what else I should be putting together.
Phillip
---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/16/2001
08:47 AM ---------------------------
"O'Donnell, Lee (SPB)" <[email protected]> on 02/15/2001 05:36:08 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE:
I was told that you were faxed the loan application. I will send attachment
for a backup. Also, you will need to provide a current rent roll and 1999 &
2000 operating history (income & expense).
Call me if you need some help.
Thanks
Lee O'Donnell
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Thursday, February 15, 2001 11:34 AM
To: [email protected]
Subject:
Lee,
My fax number is 713-646-2391. Please fax me a loan application that I can
pass on to the buyer.
Phillip Allen
[email protected]
713-853-7041
- Copy of Loan App.tif
- Copy of Multifamily forms
| ||
allen-p/all_documents/523.
|
subject:
content: Forward Reg Dickson's resume to Ted Bland for consideration for the trading
track program. He is overqualified and I'm sure too expensive to fill the
scheduling position I have available. I will work with Cournie Parker to
evaluate the other resumes.
Phillip
| ||
allen-p/all_documents/524.
|
subject:
content: Lucy,
Thanks for clearing up the 2/2 file. Moving on to 2/9, here are some
questions:
#1 It looks like he just missed 1/26&2/9 of $110. I can't tell if he still
owes $47 on his deposit.
#13 I show she missed rent on 1/26 and still owes $140.
#15 Try and follow up with Tomas about the $95. Hopefully, he won't have a
bad reaction.
#20b Missed rent?
#26 Has she paid any deposit or rent?
#27 Missed rent?
| ||
allen-p/all_documents/525.
|
subject:
content: Lee,
My fax number is 713-646-2391. Please fax me a loan application that I can
pass on to the buyer.
Phillip Allen
[email protected]
713-853-7041
| ||
allen-p/all_documents/526.
|
subject:
content: Lucy,
Here is the 2/2 rentroll. The total does not equal the bank deposit. Your
earlier response answered the questions for #3,11,15,20a, and 35.
But the deposit was $495 more than the rentroll adds up to. If the answer to
this question lies in apartment 1,13, and 14, can you update this file and
send it back.
Now I am going to work on a rentroll for this Friday. I will probably send
you some questions about the 2/9 rentroll. Let's get this stuff clean today.
Phillip
| ||
allen-p/all_documents/527.
|
subject: Re:
content: no. I am on msn messenger.
| ||
allen-p/all_documents/528.
|
subject: CERA Analysis - California
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/14/2001
08:23 AM ---------------------------
Robert Neustaedter@ENRON_DEVELOPMENT
02/13/2001 02:51 PM
To: Alan Comnes/PDX/ECT@ECT, Chris H Foster/HOU/ECT@ECT, Christian
Yoder/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT, Cynthia
Sandherr/Corp/Enron@ENRON, Dan Leff/HOU/EES@EES, David W
Delainey/HOU/ECT@ECT, Dennis Benevides/HOU/EES@EES, Don Black/HOU/EES@EES,
Elizabeth Sager/HOU/ECT@ECT, Elizabeth Tilney/HOU/EES@EES, Eric
Thode/Corp/Enron@ENRON, Gordon Savage/HOU/EES@EES, Greg Wolfe/HOU/ECT@ECT,
Harry Kingerski/NA/Enron@Enron, Jubran Whalan/HOU/EES@EES, Jeff
Dasovich/NA/Enron@Enron, Jeffrey T Hodge/HOU/ECT@ECT, [email protected], Joe
Hartsoe/Corp/Enron@ENRON, John J Lavorato/Corp/Enron@Enron, John
Neslage/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kathryn
Corbally/Corp/Enron@ENRON, Keith Holst/HOU/ECT@ect, Kristin
Walsh/HOU/ECT@ECT, Leslie Lawner/NA/Enron@Enron, Linda
Robertson/NA/Enron@ENRON, Marcia A Linton/NA/Enron@Enron, Mary
Schoen/NA/Enron@Enron, [email protected], Margaret Carson/Corp/Enron@ENRON, Mark
Palmer/Corp/Enron@ENRON, Marty Sunde/HOU/EES@EES, Mary Hain/HOU/ECT@ECT,
Michael Tribolet/Corp/Enron@Enron, Mike D Smith/HOU/EES@EES, [email protected],
Mike Grigsby/HOU/ECT@ECT, Neil Bresnan/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT,
Phillip K Allen/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Rebecca W
Cantrell/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Rob Bradley/Corp/Enron@ENRON, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert Frank/NA/Enron@Enron,
Robert Johnston/HOU/ECT@ECT, Sandra McCubbin/NA/Enron@Enron, Scott
Stoness/HOU/EES@EES, Shelley Corman/Enron@EnronXGate, Steve C
Hall/PDX/ECT@ECT, Steve Walton/HOU/ECT@ECT, Steven J Kean/NA/Enron@Enron,
Susan J Mara/NA/Enron@ENRON, Tim Belden/HOU/ECT@ECT, Tom
Briggs/NA/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Vance
Meyer/NA/Enron@ENRON, Vicki Sharp/HOU/EES@EES, William S
Bradford/HOU/ECT@ECT, James D Steffes/NA/Enron@Enron
cc:
Subject: CERA Analysis - California
As discussed in the California conference call this morning, I have prepared
a bullet-point summary of the CERA Special Report titled Beyond the
California Power Crisis: Impact, Solutions, and Lessons.If you have any
questions, my phone number is 713 853-3170.
Robert
| ||
allen-p/all_documents/529.
|
subject: Re: Great Web Site
content: Thanks for the website.
| ||
allen-p/all_documents/53.
|
subject:
content: Lucy,
Here is a rentroll for this week. The one you sent for 11/24 looked good.
It seems like most people are paying on time. Did you rent an efficiency to
the elderly woman on a fixed income? Go ahead a use your judgement on the
rent prices for the vacant units. If you need to lower the rent by $10 or
$20 to get things full, go ahead.
I will be out of the office on Thursday. I will talk to you on Friday.
Phillip
| ||
allen-p/all_documents/530.
|
subject: Re: EXTRINSIC VALUE WORKSHEET
content: Colleen,
I checked the transport model and found the following extrinsic values on
January 2nd versus February 11:
1/2 2/11
Stanfield to Malin 209 81
SJ/Perm. to Socal 896 251
Sj to Socal 2747 768
PGE/Top to Citygate 51 3
PGE/Top to KRS 16 4
SJ to Valero 916 927
If these numbers are correct, then we haven't increased the extrinsic value
since the beginning of the year. Can you confirm that I am looking at the
right numbers?
Phillip
| ||
allen-p/all_documents/531.
|
subject: Re: AEC Volumes at OPAL
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/12/2001
12:18 PM ---------------------------
To: Phillip K Allen/HOU/ECT@ECT
cc:
Subject: Re: AEC Volumes at OPAL
| ||
allen-p/all_documents/532.
|
subject: Re: AEC Volumes at OPAL
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/12/2001
12:15 PM ---------------------------
To: Phillip K Allen/HOU/ECT@ECT
cc:
Subject: Re: AEC Volumes at OPAL
| ||
allen-p/all_documents/533.
|
subject: AEC Volumes at OPAL
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/12/2001
11:57 AM ---------------------------
From: Mark Whitt@ENRON on 02/08/2001 03:44 PM MST
Sent by: Mark Whitt@ENRON
To: Phillip K Allen/HOU/ECT@ECT
cc: Barry Tycholiz/NA/Enron@ENRON, Paul T Lucci/NA/Enron@Enron
Subject: AEC Volumes at OPAL
Phillip these are the volumes that AEC is considering selling at Opal over
the next five years. The structure they are looking for is a firm physical
sale at a NYMEX related price. There is a very good chance that they will do
this all with one party. We are definitely being considered as that party.
Given what we have seen in the marketplace they may be one of the few
producers willing to sell long dated physical gas for size into Kern River.
What would be your bid for this gas?
----- Forwarded by Mark Whitt/NA/Enron on 02/08/2001 03:13 PM -----
Tyrell Harrison@ECT
Sent by: Tyrell Harrison@ECT
02/08/2001 03:12 PM
To: Mark Whitt/NA/Enron@Enron
cc:
Subject: AEC Volumes at OPAL
| ||
allen-p/all_documents/534.
|
subject: California Gas Demand Growth
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/12/2001
11:09 AM ---------------------------
From: Mark Whitt@ENRON on 02/09/2001 03:38 PM MST
Sent by: Mark Whitt@ENRON
To: Barry Tycholiz/NA/Enron@ENRON, Phillip K Allen/HOU/ECT@ECT, Mike
Grigsby/HOU/ECT@ECT, Paul T Lucci/NA/Enron@Enron, Kim Ward/HOU/ECT@ECT,
Stephanie Miller/Corp/Enron@ENRON
cc:
Subject: California Gas Demand Growth
This should probably be researched further. If they can really build this
many plants it could have a huge impact on the Cal border basis. Obviously
it is dependent on what capacity is added on Kern, PGT and TW but it is hard
to envision enough subscriptions to meet this demand. Even if it is
subscribed it will take 18 months to 2 years to build new pipe therefore the
El Paso 1.2 Bcf/d could be even more valuable.
Mark
----- Forwarded by Mark Whitt/NA/Enron on 02/09/2001 03:04 PM -----
Tyrell Harrison@ECT
Sent by: Tyrell Harrison@ECT
02/09/2001 09:26 AM
To: Barry Tycholiz/NA/Enron@ENRON, Mark Whitt/NA/Enron@Enron, Paul T
Lucci/NA/Enron@Enron, Kim Ward/HOU/ECT@ECT, Stephanie
Miller/Corp/Enron@ENRON, Phillip K Allen/HOU/ECT@ECT
cc:
Subject: California Gas Demand Growth
If you wish to run sensitivities to heat rate and daily dispatch, I have
attached the spreadsheet below.
Tyrell
303 575 6478
| ||
allen-p/all_documents/535.
|
subject:
content: Lucy,
Here is a draft of a memo we should distribute to the units that are subject
to caps. I wrote it as if it were from you. It should come from the manager.
It is very important that we tell new tenants what the utility cap for there
unit is when they move in. This needs to be written in on their lease.
When you have to talk to a tenant complaining about the overages emphasize
that it is only during the peak months and it is already warming up.
Have my Dad read the memo before you put it out. You guys can make changes
if you need to.
Next week we need to take inventory of all air conditioners and
refrigerators. We have to get this done next week. I will email you a form
to use to record serial numbers. The prospective buyers want this
information plus we need it for our records. Something to look forward to.
It is 2 PM and I have to leave the office. Please have my Dad call me with
the information about the units at home 713-463-8626. He will know what I
mean.
Talk to you later,
Phillip
| ||
allen-p/all_documents/536.
|
subject: the stage
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/09/2001
09:26 AM ---------------------------
"Jeff Smith" <[email protected]> on 02/08/2001 07:08:03 PM
To: <[email protected]>
cc:
Subject: the stage
I am sending the Dr. a contract for Monday delivery. He is offering
$739,000 with $73,900 down.
He wants us to finish the work on the units that are being renovated now.
We need to specify those units in the contract. We also need to specify the
units that have not been remodeled. I think he will be a good buyer. He is
a local with plenty of cash. Call me after you get this message.
Jeff Smith
The Smith Company
2714 Bee Cave Road, Suite 100-D
Austin, Texas? 78746
512-732-0009
512-732-0010 fax
512-751-9728 mobile
| ||
allen-p/all_documents/537.
|
subject:
content: Lucy,
Here is the rentroll for this Friday. Sorry it is so late.
There are a few problems with the rentroll from 2/2.
1. I know you mentioned the deposit would be 5360.65 which is what the bank
is showing, but the rentroll only adds up to 4865. The missing money on the
spreadsheet is probably the answer to my other questions below.
2. #1 Did he pay the rent he missed on 1/26?
3. #3 Did he miss rent on 1/26 and 2/2?
4. #11 Missed on 2/2?
5. #13 Missed on 1/26?
6. #14 missed on 2/2?
7. #15 missed on 2/2 and has not paid the 95 from 1/19?
8. #20a missed on 2/2?
9. #35 missed on 2/2?
My guess is some of these were paid but not recorded on the 2/2 rentroll.
You may have sent me a message over the "chat" line that I don't remember on
some of these. I just want to get the final rentroll to tie exactly to the
bank deposit.
Will have some time today to work on a utility letter. Tried to call Wade
last night at 5:30 but couldn't reach him. Will try again today.
I believe that a doctor from Seguin is going to make an offer. Did you meet
them? If so, what did you think?
Phillip
| ||
allen-p/all_documents/538.
|
subject: Re: stage coach
content: I will email you an updated operating statement with Nov and Dec tomorrow
morning. What did the seguin doctor think of the place.
How much could I get the stagecoach appraised for? Do you still do
appraisals? Could it be valued on an 11 or 12 cap?
| ||
allen-p/all_documents/539.
|
subject:
content: Jacques,
Can you draft the partnership agreement and the construction contract?
The key business points are:
1. Investment is a loan with prime + 1% rate
2. Construction contract is cost plus $1.4 Million
3. The investors' loan is repaid before any construction profit is paid.
4. All parties are GP's but 3 out 4 votes needed for major decisions?
5. 60/40 split favoring the investors.
With regard to the construction contract, we are concerned about getting a
solid line by line cost estimate and clearly defining what constitutes
costs. Then we need a mechanism to track the actual expenses. Keith and I
would like to oversee the bookkeeping. The builders would be requred to fax
all invoices within 48 hours. We also would want online access to the
checking account of the partnership so we could see if checks were clearing
but invoices were not being submitted.
Let me know if you can draft these agreements. The GP issue may need some
tweaking.
Phillip Allen
713-853-7041
[email protected]
| ||
allen-p/all_documents/54.
|
subject: Enron's December physical fixed price deals as of 11/28/00
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 11/29/2000
10:01 AM ---------------------------
Anne Bike@ENRON
11/28/2000 09:04 PM
To: [email protected], [email protected], [email protected]
cc: Darron C Giron/HOU/ECT@ECT, Mike Grigsby/HOU/ECT@ECT, Monique
Sanchez/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT
Subject: Enron's December physical fixed price deals as of 11/28/00
Attached please find the spreadsheet containing the above referenced
information.
| ||
allen-p/all_documents/540.
|
subject: Governor Reports Results of 1st RFP -- ONLY 500 MW!!!!
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/07/2001
07:14 AM ---------------------------
Susan J Mara@ENRON
02/06/2001 04:12 PM
To: Alan Comnes/PDX/ECT@ECT, Angela Schwarz/HOU/EES@EES, Beverly
Aden/HOU/EES@EES, Bill Votaw/HOU/EES@EES, Brenda Barreda/HOU/EES@EES, Carol
Moffett/HOU/EES@EES, Cathy Corbin/HOU/EES@EES, Chris H Foster/HOU/ECT@ECT,
Christina Liscano/HOU/EES@EES, Christopher F Calger/PDX/ECT@ECT, Craig H
Sutter/HOU/EES@EES, Dan Leff/HOU/EES@EES, Debora Whitehead/HOU/EES@EES,
Dennis Benevides/HOU/EES@EES, Don Black/HOU/EES@EES, Dorothy
Youngblood/HOU/ECT@ECT, Douglas Huth/HOU/EES@EES, Edward
Sacks/Corp/Enron@ENRON, Eric Melvin/HOU/EES@EES, Erika Dupre/HOU/EES@EES,
Evan Hughes/HOU/EES@EES, Fran Deltoro/HOU/EES@EES, Frank W
Vickers/HOU/ECT@ECT, Gayle W Muench/HOU/EES@EES, Ginger
Dernehl/NA/Enron@ENRON, Gordon Savage/HOU/EES@EES, Harold G
Buchanan/HOU/EES@EES, Harry Kingerski/NA/Enron@ENRON, Iris Waser/HOU/EES@EES,
James D Steffes/NA/Enron@ENRON, James W Lewis/HOU/EES@EES, James
Wright/Western Region/The Bentley Company@Exchange, Jeff Messina/HOU/EES@EES,
Jeremy Blachman/HOU/EES@EES, Jess Hewitt/HOU/EES@EES, Joe
Hartsoe/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Kathy
Bass/HOU/EES@EES, Kathy Dodgen/HOU/EES@EES, Ken Gustafson/HOU/EES@EES, Kevin
Hughes/HOU/EES@EES, Leasa Lopez/HOU/EES@EES, Leticia Botello/HOU/EES@EES,
Mark S Muller/HOU/EES@EES, Marsha Suggs/HOU/EES@EES, Marty Sunde/HOU/EES@EES,
Meredith M Eggleston/HOU/EES@EES, Michael Etringer/HOU/ECT@ECT, Michael
Mann/HOU/EES@EES, Michelle D Cisneros/HOU/ECT@ECT, [email protected], Neil
Bresnan/HOU/EES@EES, Neil Hong/HOU/EES@EES, Paul Kaufman/PDX/ECT@ECT, Paula
Warren/HOU/EES@EES, Richard L Zdunkewicz/HOU/EES@EES, Richard
Leibert/HOU/EES@EES, Richard Shapiro/NA/Enron@ENRON, Rita
Hennessy/NA/Enron@ENRON, Robert Badeer/HOU/ECT@ECT, Rosalinda
Tijerina/HOU/EES@EES, Sandra McCubbin/NA/Enron@ENRON, Sarah
Novosel/Corp/Enron@ENRON, Scott Gahn/HOU/EES@EES, Scott Stoness/HOU/EES@EES,
Sharon Dick/HOU/EES@EES, [email protected], Susan J Mara/NA/Enron@ENRON, Tanya
Leslie/HOU/EES@EES, Tasha Lair/HOU/EES@EES, Ted Murphy/HOU/ECT@ECT, Terri
Greenlee/NA/Enron@ENRON, Tim Belden/HOU/ECT@ECT, Tony Spruiell/HOU/EES@EES,
Vicki Sharp/HOU/EES@EES, Vladimir Gorny/HOU/ECT@ECT, Wanda Curry/HOU/EES@EES,
William S Bradford/HOU/ECT@ECT, Jubran Whalan/HOU/EES@EES, [email protected],
Richard B Sanders/HOU/ECT@ECT, Robert C
Williams/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, [email protected],
[email protected], Donna Fulton/Corp/Enron@ENRON, [email protected],
Kathryn Corbally/Corp/Enron@ENRON, Bruno Gaillard/EU/Enron@Enron, Linda
Robertson/NA/Enron@ENRON, Ren, Lazure/Western Region/The Bentley
Company@Exchange, Michael Tribolet/Corp/Enron@Enron, Phillip K
Allen/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, [email protected], Tamara
Johnson/HOU/EES@EES, Mary Hain/HOU/ECT@ECT, Greg Wolfe/HOU/ECT@ECT, Jeff
Dasovich/NA/Enron@Enron, Dirk vanUlden/Western Region/The Bentley
Company@Exchange, Steve Walker/SFO/EES@EES, James Wright/Western Region/The
Bentley Company@Exchange, Mike D Smith/HOU/EES@EES, Richard
Shapiro/NA/Enron@Enron
cc:
Subject: Governor Reports Results of 1st RFP -- ONLY 500 MW!!!!
Here is a link to the governor's press release. He is billing it as 5,000 MW
of contracts, but then he says that there is only 500 available immediately.
WIth the remainder available from 3 to 10 years.
http://www.governor.ca.gov/state/govsite/gov_htmldisplay.jsp?BV_SessionID=@@@@
1673762879.0981503886@@@@&BV_EngineID=falkdgkgfmhbemfcfkmchcng.0&sCatTitle=Pre
ss+Release&sFilePath=/govsite/press_release/2001_02/20010206_PR01049_longtermc
ontracts.html&sTitle=GOVERNOR+DAVIS+ANNOUNCES+LONG+TERM+POWER+SUPPLY&iOID=1325
0
| ||
allen-p/all_documents/541.
|
subject: Smeltering
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/06/2001
02:12 PM ---------------------------
Enron North America Corp.
From: Frank Hayden @ ENRON 02/06/2001 12:06 PM
To: Tim Belden/HOU/ECT@ECT, Chris Gaskill/Corp/Enron@Enron, Phillip K
Allen/HOU/ECT@ECT, John J Lavorato/Corp/Enron, Kevin M Presto/HOU/ECT@ECT
cc: LaCrecia Davenport/Corp/Enron@Enron, Bharat Khanna/NA/Enron@Enron
Subject: Smeltering
Below are some articles relating to aluminum, power and gas prices. Thought
it would be of interest.
Frank
---
---------------------- Forwarded by Michael Pitt/EU/Enron on 06/02/2001 17:00
---------------------------
Rohan Ziegelaar
30/01/2001 13:45
To: Lloyd Fleming/LON/ECT@ECT, Andreas Barschkis/EU/Enron@Enron, Michael
Pitt/EU/Enron@Enron
cc:
Subject:
| ||
allen-p/all_documents/542.
|
subject: Re: Listing of Desk Directors
content: Send it to Ina Rangel she can forward it to appropriate traders. There are
too many to list individually
| ||
allen-p/all_documents/543.
|
subject:
content: Jeff,
My target is to get $225 back out of the stage. Therefore, I could take a
sales price of $740K and carry a second note of $210K. This would still only
require $75K cash from the buyer. After broker fees and a title policy, I
would net around $20K cash.
You can go ahead and negotiate with the buyer and strike the deal at $740 or
higher with the terms described in the 1st email. Do you want to give the
New Braunfels buyer a quick look at the deal.
Phillip
| ||
allen-p/all_documents/544.
|
subject:
content: Jeff,
I am not willing to guarantee to refinance the 1st lien on the stage in 4
years and drop the rate on both notes at that point to 8%. There are several
reasons that I won't commit to this. Exposure to interest fluctuations, the
large cash reserves needed, and the limited financial resources of the buyer
are the three biggest concerns.
What I am willing to do is lower the second note to 8% amortized over the
buyers choice of terms up to 30 years. The existing note does not come due
until September 2009. That is a long time. The buyer may have sold the
property. Interest rates may be lower. I am bending over backwards to make
the deal work with such an attractive second note. Guaranteeing to refinance
is pushing too far.
Can you clarify the dates in the contract. Is the effective date the day the
earnest money is receipted or is it once the feasibility study is complete?
Hopefully the buyer can live with these terms. I got your fax from the New
Braunfels buyer. If we can't come to terms with the first buyer I will get
started on the list.
Email or call me later today.
Phillip
| ||
allen-p/all_documents/545.
|
subject: Re: Pipe Options Book Admin Role
content: Susan,
Raised your issue to Sally Beck. Larry is going to spend time with you to
see if he can live without any reports. Also some IT help should be on the
way.
Phillip
| ||
allen-p/all_documents/546.
|
subject: re: book admin for Pipe/Gas daily option book
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/05/2001
08:45 AM ---------------------------
Jeffrey C Gossett
02/02/2001 09:48 PM
To: Larry May/Corp/Enron@ENRON, Phillip K Allen/HOU/ECT@ECT
cc:
Subject: re: book admin for Pipe/Gas daily option book
When we meet, I would like to address the following issues:
1.) I had at least 5 people here past midnight on both nights and I have
several people who have not left before 10:30 this week.
2.) It is my understanding that Susan was still booking new day deals on
Thursday night at 8:30 b/c she did not get deal tickets from the trading
floor until after 5:00 p.m.
3.) It is also my understanding that Susan is done with the p&l and
benchmark part of her book often times by 6:00, but that what keeps her here
late is usually running numerous extra models and spreadsheets. (One
suggestion might be a permanent IT person on this book.) (This was also my
understanding from Kyle Etter, who has left the company.)
I would like to get this resolved as soon as possible so that Larry can get
the information that he needs to be effective and so that we can run books
like this and not lose good people.
Thanks
Larry May@ENRON
02/02/2001 02:43 PM
To: Sally Beck/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, Susan M
Scott/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON
cc: Phillip K Allen/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
Subject: re: book admin for Pipe/Gas daily option book
As you might be aware, Susan Scott (the book admin for the pipe option book)
was forced by system problems to stay all night Wednesday night and until 200
am Friday in order to calc my book. While she is scheduled to rotate to the
West desk soon, I think we need to discuss putting two persons on my book in
order to bring the work load to a sustainable level. I'd like to meet at
2:30 pm on Monday to discuss this issue. Please let me know if this time
fits in your schedules.
Thanks,
Larry
| ||
allen-p/all_documents/547.
|
subject:
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/02/2001
04:43 PM ---------------------------
From: Phillip K Allen 02/02/2001 02:40 PM
To: [email protected]
cc:
Subject:
Lucy,
Please fix #41 balance by deleting the $550 in the "Rent Due" column. The
other questions I had about last week's rent are:
#15 Only paid 95 of their 190 on 1/19 then paid nothing on 1/26. What is
going on?
#25 Looks like she was short by 35 and still owes a little on deposit
#27 Switched to weekly, but paid nothing this week. Why?
I spoke to Jeff Smith. I think he was surprised that we were set up with
email and MSN Messenger. He was not trying to insult you. I let Jeff know
that he should try and meet the prospective buyers when they come to see the
property. Occasionally, a buyer might stop buy without Jeff and you can show
them around and let them know what a nice quiet well maintained place it is.
Regarding the raise, $260/week plus the apartment is all I can pay right
now. I increased your pay last year very quickly so you could make ends meet
but I think your wages equate to $10/hr and that is fair. As Gary and Wade
continue to improve the property, I need you to try and improve the
property's tenants and reputation. The apartments are looking better and
better, yet the turnover seems to be increasing.
Remember that as a manager you need to set the example for the tenants. It
is hard to tell tenants that they are not supposed to have extra people move
in that are not on the lease, when the manager has a houseful of guests. I
realize you have had a lot of issues with taking your son to the doctor and
your daughter being a teenager, but you need to put in 40 hours and be
working in the office or on the property during office unless you are running
an errand for the property.
I am not upset that you asked for a raise, but the answer is no at this
time. We can look at again later in the year.
I will talk to you later or you can email or call over the weekend.
Phillip
| ||
allen-p/all_documents/548.
|
subject:
content: Lucy,
Please fix #41 balance by deleting the $550 in the "Rent Due" column. The
other questions I had about last week's rent are:
#15 Only paid 95 of their 190 on 1/19 then paid nothing on 1/26. What is
going on?
#25 Looks like she was short by 35 and still owes a little on deposit
#27 Switched to weekly, but paid nothing this week. Why?
I spoke to Jeff Smith. I think he was surprised that we were set up with
email and MSN Messenger. He was not trying to insult you. I let Jeff know
that he should try and meet the prospective buyers when they come to see the
property. Occasionally, a buyer might stop buy without Jeff and you can show
them around and let them know what a nice quiet well maintained place it is.
Regarding the raise, $260/week plus the apartment is all I can pay right
now. I increased your pay last year very quickly so you could make ends meet
but I think your wages equate to $10/hr and that is fair. As Gary and Wade
continue to improve the property, I need you to try and improve the
property's tenants and reputation. The apartments are looking better and
better, yet the turnover seems to be increasing.
Remember that as a manager you need to set the example for the tenants. It
is hard to tell tenants that they are not supposed to have extra people move
in that are not on the lease, when the manager has a houseful of guests. I
realize you have had a lot of issues with taking your son to the doctor and
your daughter being a teenager, but you need to put in 40 hours and be
working in the office or on the property during office unless you are running
an errand for the property.
I am not upset that you asked for a raise, but the answer is no at this
time. We can look at again later in the year.
I will talk to you later or you can email or call over the weekend.
Phillip
| ||
allen-p/all_documents/549.
|
subject: final business points
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/02/2001
03:43 PM ---------------------------
From: Phillip K Allen 01/31/2001 01:23 PM
To: [email protected]
cc: [email protected]
Subject:
| ||
allen-p/all_documents/55.
|
subject: rent roll
content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 11/28/2000
05:48 PM ---------------------------
"Lucy Gonzalez" <[email protected]> on 11/28/2000 01:02:22 PM
To: [email protected]
cc:
Subject: rent roll
______________________________________________________________________________
_______
Get more from the Web. FREE MSN Explorer download : http://explorer.msn.com
- rentroll_1124.xls
| ||
allen-p/all_documents/550.
|
subject: re: book admin for Pipe/Gas daily option book
content: I would like to go to this meeting. Can you arrange it?
---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/02/2001
03:00 PM ---------------------------
Larry May@ENRON
02/02/2001 12:43 PM
To: Sally Beck/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT, Susan M
Scott/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON
cc: Phillip K Allen/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
Subject: re: book admin for Pipe/Gas daily option book
As you might be aware, Susan Scott (the book admin for the pipe option book)
was forced by system problems to stay all night Wednesday night and until 200
am Friday in order to calc my book. While she is scheduled to rotate to the
West desk soon, I think we need to discuss putting two persons on my book in
order to bring the work load to a sustainable level. I'd like to meet at
2:30 pm on Monday to discuss this issue. Please let me know if this time
fits in your schedules.
Thanks,
Larry
| ||
allen-p/all_documents/551.
|
subject:
content: Susan hours are out of hand. We need to find a solution. Let's meet on
Monday to assess the issue
Phillip
|
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