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Enron Mail |
I wanted to make sure you were aware of something that has come up since
the last breakfast meeting regarding our group financing the Arena parking garage. Baker & Botts put us in touch with the Rockets to discuss Hines being the Development Manager on the Arena and garage. Although not fully agreed, there is strong interest on both sides. Besides help on the development front, we think there may be value in our acting as a bit of a buffer between the Sports Authority and the Rockets and coordinating any issues involving the new convention hotel(where we are also providing development management). The Rockets(Mike Goldberg-Baker & Botts) have talked to Ric Campo and supposedly he is enthusiastic but thinks this should "be the Authority's idea.". One issue is how much of our fee would apply to the garage, which presumably the city would pick up, and how much would apply to the Arena. Since this is a fast moving issue, I wanted you to know about this. Obviously the discussions are all very confidential. If you have any thoughts in advance of the next breakfast meeting, please give me a call at 713-966-2606. Also, on another topic, we have been doing a tiny bit of pie in the sky brainstorming on the concept of creating some kind of Futures/Options market in the commercial space market. I will approach Jeff Skilling unless you would recommend elsewhere within Enron.
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