FYI.  This is the bill to de-link the bonds from the DWR contracts (recall that the argument to end DA by the Gov's finance folks, the bond folks, and Angelides, the Treasurer stems directly from this linkage).  

Though Hertzberg was initially a supporter, his legal consultant has been scared off by the Gov's people (i.e., to de-link would "impair" the contracts, triggering breach, liquidated damages and the end of Western Civilization as we know it).  The Senate ain't buying that line.

As a result, it's now a Senate play, but they need Republicans to get the 2/3's necessary for passage, which ain't likely to be easy.  We urging Brulte to go along, but only  in exchange for deleting the "no DA" language in AB1X and for legislative language assuring that DA will continue.

Best,
Jeff




	"Scott Govenar" <sgovenar@govadv.com> 07/17/2001 11:27 AM Please respond to sgovenar 	   To: "Ban Sharma" <ban.sharma@enron.com>, "David Leboe" <David.Leboe@ENRON.com>, "Eric Letke" <eletke@enron.com>, "Jennifer Thome" <Jennifer.Thome@enron.com>, "Ken Smith" <ken@kdscommunications.com>, "Bev Hansen" <bhansen@lhom.com>, "Hedy Govenar" <hgovenar@govadv.com>, "Miyung Buster" <Miyung.Buster@enron.com>, "Janel Guerrero" <Janel.Guerrero@enron.com>, "Robert Frank" <rfrank@enron.com>, "Mike Day" <MDay@GMSSR.com>, "Leslie Lawner" <Leslie.Lawner@enron.com>, "Harry. Kingerski@enron. com" <Harry.Kingerski@enron.com>, "Karen Denne" <kdenne@enron.com>, "Steven Kean" <Steven.J.Kean@enron.com>, "Alan Comnes" <acomnes@enron.com>, "Susan J Mara" <smara@enron.com>, "Paul Kaufman" <paul.kaufman@enron.com>, "Jeff Dasovich" <jdasovic@enron.com>, "Jim Steffes" <james.d.steffes@enron.com>, "Rick Shapiro" <rshapiro@enron.com>  cc:   Subject: SB 18 (Burton) - Bonding	



Attached, please find SB 18 (Burton) relating to bonds.  This is a regular
session bill with an urgency clause which means it requires a 2/3 vote.  The
bill language was formerly associated with ABX2 10 (Hertzberg).  The bill
could be heard by the Senate Energy Committee as early as today however as
of this moment it is still not on calendar.


http://info.sen.ca.gov/pub/bill/sen/sb_0001-0050/sbx2_18_bill_20010716_amend
ed_sen.pdf