----- Forwarded by Jeff Dasovich/NA/Enron on 07/18/2001 06:42 PM -----

	JBennett <JBennett@GMSSR.com>
	07/18/2001 05:31 PM
		 
		 To: "Harry Kingerski (E-mail)" <Harry.Kingerski@enron.com>, "Jeff Dasovich 
(E-mail)" <jdasovic@enron.com>, "Jim Steffes (E-mail)" 
<James_D_Steffes@enron.com>, "Sue Mara (E-mail)" <smara@enron.com>
		 cc: 
		 Subject: FW: ACR Inviting Comment On DWR/CPUC Proposed Rate Agreement


Attached is an ACR issued today requesting comment on the Rate Agreement
reached by the CPUC and DWR (which I will send under separate cover).  The
ACR highlights certain aspects of the Agreement and asks for parties to
evaluate the effects of the Agreement and indicate what they believe the
consequences of its adoption would be.  Comments are due by August 1st.

The Agreement itself basically calls for DWR to set its revenue requirement
based on "Bond Related Costs" and "Operating Expenses" and for the
Commission to implement such revenue requirement.  It is up to DWR to
determine whether the revenue requirement is just and reasonable prior to
submitting it to the Commission.

Please let me know if Enron is interested in Commenting on the Agreement.

Jeanne Bennett


-----Original Message-----
From: Wong, John S. [mailto:jsw@cpuc.ca.gov]
Sent: Wednesday, July 18, 2001 10:11 AM
Subject: ACR Inviting Comment On DWR/CPUC Proposed Rate Agreement



Attached is an assigned Commissioner ruling (ACR) inviting comment on the
proposed rate agreement between the California Dept. of Water Resources and
the California Public Utilities Commission.  Interested parties may file
comments with the Docket Office on or before August 1, 2001.

Please note that there are three attachments to the ACR. Attachment A, the
proposed rate agreement, is being forwarded to you as a separate PDF
document.  Attachment B, the relevant Water Code sections, is contained in
the body of the attached Word document.  Attachment C is the two page letter
from the DWR, the Dept. of Finance, and the Treasurer's Office to President
Lynch dated July 2, 2001.  Attachment C was previously distributed to the
A.00-11-038 et al service list in the Chief ALJ's ruling dated July 5, 2001.
Today's ACR and all three of the attachments can also be accessed at the
CPUC's web site.

<<A0011038 Lynch Ruling.doc>>

John S. Wong
CPUC - ALJ
(415) 703-3130


 - A0011038  Lynch Ruling.doc