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Hey Warren:
Here are a couple of questions we are working on for Duke on the 99's. If you could take a look at these that would be great. Thanks! Ben 3-7998 ---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 12/05/2000 05:18 PM --------------------------- Don Miller 12/05/2000 01:32 PM To: Benjamin Rogers/HOU/ECT@ECT cc: Subject: Property tax - Caledonia ---------------------- Forwarded by Don Miller/HOU/ECT on 12/05/2000 01:32 PM --------------------------- dthudson@duke-energy.com on 12/05/2000 12:18:18 PM To: don.miller@enron.com cc: Mario_H_Hurtado@duke-energy.com, Swati_V_Daji@duke-energy.com Subject: Property tax - Caledonia per my voice mail last week ---------------------- Forwarded by Daniel T Hudson/NorthAmerica/EnergyServices on 12/05/2000 09:16 AM --------------------------- Swati V Daji 12/05/2000 11:27 AM To: Daniel T Hudson/NorthAmerica/EnergyServices@DukePower cc: Subject: Property tax - Caledonia Doc 01.07.02 - Talks about a 15% assessment for as valorem taxes. Doc 01.07.02.01 - Property tax estimates - estimates from 2001-2019 (tax + pilot payments) are $1M a year till 2009 and then to ~$1.4 M for next few years beg 2010, dropping back down to $700K level. In 2000, the property tax was just $500K, as there seems to be no pilot payment until Jan 2001. My questions are - Confirm that the 15% assessment in first doc is included in the estimate The schdule of estimated payments is all inclusive of the payments relating to property taxes Refer me to doc that talks about the pilot agreement or any other tax abatement docs Thanks. Swati
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