From the CPUC news conference yesterday

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 06/14/2001 12:04 PM -----

	"Manuel, Erica" <Erica.Manuel@edelman.com>
	06/13/2001 12:11 PM
		 
		 To: "Allen, Stevan" <stevan.allen@edelman.com>, AReM <arem@electric.com>, 
"Douglas Oglesby (E-mail) (E-mail)" <doao@chevron.com>, "Fairchild, Tracy" 
<tracy.fairchild@edelman.com>, "Jeffrey Hanson (E-mail) (E-mail)" 
<jeff.hanson@phaser.com>, "Joseph Alamo (E-mail) (E-mail)" 
<jalamo@enron.com>, Megan Beiser <megan.beiser@edelman.com>, "'Robert Morgan' 
(E-mail)" <rmorgan@newenergy.com>, "Warner, Jami" <jami.warner@edelman.com>
		 cc: 
		 Subject: PUC Agenda call recap


> According to the PUC:
> 
> Direct access will not be voted on tomorrow: The Treasurer, Department of
> Finance and the DWR have put out a memo regarding the parameters necessary
> for bonds to be issued directly. Commissioner Wood will be issuing a draft
> decision later this week that addresses these parameters.
(We should try to locate these documents - AReMers, can you work with your
PUC contacts to get a copy of the DOF/DWR memo?)

PUC Quote: "The commission is aware of legislative efforts to address direct
access. We do not intend to get ahead of these legislative efforts...the PUC
is operating in parallel with the Legislature."

> Erica Manuel
> Edelman Worldwide / Sacramento 
> 916/442-2331 phone
> 916/447-8509 fax
> erica.manuel@edelman.com
>