COM/SK1/bb1 MAILED 6/12/2003

Decision 03-06-029 June 5, 2003

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Application of Pacific Gas and Electric Company to Establish Market Values for and to Sell its Generation-Related Property Located at Bridgehead Road in Antioch Pursuant to Public Utilities Code Sections 367(b) and 851. (U 39 M)

Application 00-05-033 (Filed May 15, 2000)

OPINION GRANTING APPLICATION
TO SELL THE NEW BRIDGE MARINA PROPERTY

1. Summary

Pacific Gas and Electric Company (PG&E) seeks authorization, pursuant to Pub. Util. Code §§ 367(b) and 851, to market value by sale a strip of land known as the New Bridge Marina property located at Bridgehead Road in Antioch. The property is a non-nuclear generation-related property that is not necessary or useful to PG&E's utility distribution operations. The application is unopposed.

The Commission concludes that § 377, as amended by Assembly Bill (AB) 6X, does not bar the sale of generation-related properties no longer used directly or indirectly for electric generation purposes. Also, the sale of this property is in the public interest as required by § 851. The application is granted and the proceeding is closed.