Ronald,
Thanks for your input. With regards to the ground, the inspector has been around here before for the foundation (same company does all the inspections) and he said he is OK with with my 5/8" rebar tied into the new footing of the foundation, I believe it is called the Ufer system. I believe I would use the ground wire in the SER and and tie into the ground bus back at the new "service disconnect" panel.
If the inspector rejects this idea of one panel feeding the other, the other option I was thinking about was to make the existing 200 amp enclosure a junction box, and extending the circuits over to the new panel. Any suggestions as to what issues I should be concerned about with this option?
The inspector is coming tomorrow to inspect my service because I can't close my roof in because of the existing mast, so I will have an opportunity to lay out my options to him and let him make the call.
Mike