Message-ID: <11666469.1075851900245.JavaMail.evans@thyme> Date: Thu, 22 Feb 2001 02:11:00 -0800 (PST) From: randimc@aol.com To: larry.campbell@enron.com, scott.jones@eott.com Subject: CESA MOU annual reports - 1999,2000 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: RandiMc@aol.com X-To: larry.campbell@enron.com, scott.jones@eott.com X-cc: X-bcc: X-Folder: \Larry_Campbell_Nov2001_1\Notes Folders\Discussion threads X-Origin: CAMPBELL-L X-FileName: lcampbe.nsf Larry, Drafts of the 1999 and 2000 annual reports for your CESA MOU are attached for your use (Wordperfect). There are two outstanding issues regarding the 1999 report. After speaking with Ed Attanasio, it appears that the Letter of Credit issued in 1999 may have expired in 2000 without habitat being purchased. This letter of credit either needs to be reestablished or habitat needs to be purchased to offset these disturbances. In addition, I do not have a copy of evidence that the Coles Levee credits were purchased (for the one Coles Levee project in 1999). Regarding habitat compensation: 1) Credits can be purchased from Coles Levee. They must be purchased at Coles Levee for projects on the preserve. For outside projects, CDFG and USFWS must approve purchase of these credits on case-by-case. 2) Credits can be purchased from Kern Water Bank. Again, USFWS and CDFG must concur that credits at Kern Water Bank are appropriate compensation for projects on a case-by-case basis. Your other source of credits is tied to the land around the NCL gas plant. However, as you may have seen by the letter from CDFG that I faxed, EOTT still has some negotiating to do with CDFG to put this option in place. Gary and I met with CDFG in December regarding this issue. They would like some kind of MOU between the parties. At the time, Gary did not think that the MOU could be completed and signed before Rogas was to begin and decided to work on the MOU to cover subsequent projects. May I suggest purchasing the needed compensation credits at the same time as the Rogas credits are purchased. With Kern Water Bank, there is a $5000 admin fee each time credits are purchased. I don't know what the current charge is a Coles Levee. Please call me if you have any questions. Randi McCormick Bio Resources Consulting - 99cesa.ZIP