The Commission approved a PG&E bankruptcy settlement Agreement in D.03-12-035. Among other things, the Settlement Agreement contained provisions for certain environmental benefits. Those benefits included the adoption of the Land Conservation Commitment, which established provisions to permanently protect and enhance the approximately 140,000 acres of PG&E’s watershed lands associated with its hydroelectric system, plus the 655 acre Carrizo Plains property in San Luis Obispo County. D.03-12-035 established a Land Conservation Plan process and authorized a non-profit corporation named the Pacific Forest and Watershed Lands Stewardship Council to oversee the implementation of the Land Conservation Commitment and to carry out environmental enhancement activities. D.03-12-035 authorized the creation of the Land Conservation Commitment and required PG&E through retail rates, to fund the Stewardship Council with $70 million over 10 years to cover both the administrative expenses and the costs of environmental enhancements to the protected lands. D.03-12-035 also adopted the “Stipulation Resolving Issues Regarding the Land Conservation Commitment.” The “Stipulation Resolving Issues Regarding the Land Conservation Commitment”, Section 12 (a) describes the 10 informational components to be contained in the disposition document developed by the Pacific Forest Watershed Lands Stewardship Council for each donated parcel. D.08-11-043, as modified by D.10-08-004, established a streamlined Section 851 process for Advice Letters related to the PG&E Land Conservation Commitment. On January 12, 2017, PG&E filed Advice Letter (AL) 4998-E, Fall River Valley Land Retained --Request for Approval under Public Utilities Code Section 851. PG&E Advice Letter 4998-E complied with the streamlined procedures that adopted by the Commission in D.08-11-043 as modified by D.10-08-004. Advice Letter AL 4998-E was timely protested by several Fall River Valley land owners, all of whom expressed concern that the proposed CE would allow damaging levels of public access and would additionally lead to unnecessary and detrimental development of public facilities.
The Commission approved a PG&E bankruptcy settlement Agreement in D.03-12-035. Among other things, the Settlement Agreement contained provisions for certain environmental benefits. Those benefits included the adoption of the Land Conservation Commitment, which established provisions to permanently protect and enhance the approximately 140,000 acres of PG&E’s watershed lands associated with its hydroelectric system, plus the 655 acre Carrizo Plains property in San Luis Obispo County. D.03-12-035 established a Land Conservation Plan process and authorized a non-profit corporation named the Pacific Forest and Watershed Lands Stewardship Council to oversee the implementation of the Land Conservation Commitment and to carry out environmental enhancement activities. D.03-12-035 authorized the creation of the Land Conservation Commitment and required PG&E through retail rates, to fund the Stewardship Council with $70 million over 10 years to cover both the administrative expenses and the costs of environmental enhancements to the protected lands. D.03-12-035 also adopted the “Stipulation Resolving Issues Regarding the Land Conservation Commitment.” The “Stipulation Resolving Issues Regarding the Land Conservation Commitment”, Section 12 (a) describes the 10 informational components to be contained in the disposition document developed by the Pacific Forest Watershed Lands Stewardship Council for each donated parcel. D.08-11-043, as modified by D.10-08-004, established a streamlined Section 851 process for Advice Letters related to the PG&E Land Conservation Commitment. On January 12, 2017, PG&E filed Advice Letter (AL) 4998-E, Fall River Valley Land Retained --Request for Approval under Public Utilities Code Section 851. PG&E Advice Letter 4998-E complied with the streamlined procedures that adopted by the Commission in D.08-11-043 as modified by D.10-08-004. Advice Letter AL 4998-E was timely protested by several Fall River Valley land owners, all of whom expressed concern that the proposed CE would allow damaging levels of public access and would additionally lead to unnecessary and detrimental development of public facilities.
193223025.docx