NOTES

5/20/99
Bob Votaw
- Deal Tendered (2 weeks)
- + Discussion w/VELCO
- staged study, payable stages
- ISO in agreement.
Nonrecursive - sequently qualify  , NEPOOL Committee
1 Year Study
- Why- No Go w/VELCO - Looking @ combined + single cycle -                                   Responsive to VELCO/ISO expressed concerns about 1080 Baseload
- 1 Sign Deal
- 2 Agree on Configuration
- 3 Start Study ISO/VELCO. +- 1 Month

Equity Investors Evaluating Deal Votaw Tendered
- Several amendments to system impact study
Smaller/Larger Pipe Compression.

In-Service May Be:  11/0/01 (Possible)
	More Likely
		Availability of prime mover.  Big Issue
	Need Equity Partner to get in line.

Air Emission Cal-Puff Model Ready Waiting For Specific 
	Plant Configuration