Correspondence among

Good Evening Bill and Tom, Bill, I understand that you spoke with Sue McCormick today. At her request, I am forwarding informational material related to the regional authority memorandum of understanding that was signed yesterday. Attached are the following items discussed/reviewed at today's Board of water Commissioners workshop. 1) Today's BOwc workshop Presentation summarizing key points of the MOU 2) Executed Memorandum of Understanding (MoU) filed with Bankruptcy Court yesterday. 3) DRAFT articles which are being presented to City Council and County Commissions for consideration to effectuate the Authority. Please note that the MoU became public yesterday. The presentation and articles were released teday. The MOU should be considered a "framework" document. If the appropriate bodies approve the articles (by October 10th), the next step would be drafting a lease agreement. Copied on this email is Eric Rothstein who has provided technical support and assistance to Judge Cox and Rich Baird during the county mediation process. As we may have mentioned, there was a "gag order" in effect for the participants of the mediation. As we move forward, Eric may also assist with developing a work plan to address the long list ef issues triggered by the Mou. Thank you, Nickie Nicolette N. Bateson, CPA chief Financial officer Detroit water & Sewerage Department 735 Randolph, Room 1608 Detroit, Michigan 48226 office: 49225 PP xxxEND_PAGE:deq25_b263_3582_3583_1 [email protected] City of Detroit Mike Duggan, Mayor xxxEND_PAGE:deq25_b263_3582_3583_2