VII. Settlement Agreement

While this decision was prepared by the ALJ following a motion to adopt a settlement agreement which was contested by Siskiyou and Modoc, it should be noted that there is only one substantive difference between the application and the settlement.

The application requests that all of the gain on sale of subject property should accrue to the shareholders of PacifiCorp. ORA's settlement negotiations resulted in PacifiCorp agreeing that $1.0 million of sale profits should be accorded ratepayers.

The substantive issues covered in this opinion are not discussed in the Settlement Agreement, and, for that reason, the agreement is not appended to this decision.