The memo to investors says that a new law will take effect on Aug 13 that 
puts in place shortened appeal times at the CPUC.  The memo says that the 
CPUC does not need to act on the key issues, including suspension of DA, 
until Aug 13 or later.  It also says the bonds are now to be sold in 
Sept-Oct. The memo states that the CPUC, Governor, Treasurer, etc. have 
agreed with the new timetable.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 07/03/2001 09:20 AM -----

	"Manuel, Erica" <Erica.Manuel@edelman.com>
	07/03/2001 08:38 AM
		 
		 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: FW: Investor Memo - Timetable Update


I just received this document from Angelides' office - it's a memo outlining
a revised timetable for the PUC actions required for the bond sale. FYI. EM.

-----Original Message-----
From: Philip Angelides, Calif State Treasurer
[mailto:philip_angelides@treasurer.ca.gov]
Sent: Tuesday, July 03, 2001 7:38 AM
To: FITZPATRICK, Charles
Subject: Investor Memo - Timetable Update


Please note the update regarding the State of California DWR Power Bonds
provided in the attached memo.

 <<Investor Memo -- Timetable Update 7-2-01.pdf>>

If you have any questions, please contact Charles Fitzpatrick at (800)
900-3873.






 - Investor Memo -- Timetable Update 7-2-01.pdf