The letter is providing an update on the Skiatook Lake project. The writer announces that a settlement has been reached with the Osage Tribe on the value of their mineral rights. The settlement still requires legislation to be passed in order for the acquisition to proceed. The letter also mentions the need to acquire operating leasehold interests and the potential for condemnation if voluntary settlements cannot be reached. The writer also mentions proposed changes to a Senate Bill and the cooperation between the Corps and the Osage Tribe in developing mineral interests. The letter concludes by stating that further developments will be reported.