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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />Rourke & Woodruff <br />A Pmfes.i—I <br />Co Pmum <br />Pacific Gas and Electric Company ("PG&E") and was to expire on <br />September 30, 1982. <br />1.3 Said license to operate the Project has been extended <br />on a year-to-year basis by the Federal Energy Regulatory <br />Commission ("FERC"). <br />1.4 The Sacramento Municipal Utilities District ("SMUD"), <br />a municipal utility district created pursuant to the laws of the <br />State of California, acting for itself, filed a competing <br />license application to own and operate the Project. <br />1.5 NCPA and Southern Cities also filed a competing <br />license application to own and operate the Project. <br />1.6 SMUD, NCPA and the Southern Cities entered into the <br />Feather River Licensing Application Agreement effective as of <br />May 15, 1981 (the "Agreement") to study and file a consolidated <br />competing license application to own and operate the Project. <br />1.7 The United States Congress adopted the Electric <br />Consumers Protection Act of 1986 ("ECPA") which, among other <br />things, permitted incumbent licensees to elect to eliminate <br />preference for public agencies in certain hydroelectric <br />relicensing proceedings such as the Project and provided in <br />Section 10 of ECPA that certain applicants who had already filed <br />competing license applications before the effective date of ECPA <br />were entitled to compensation from incumbent licensees who <br />exercised their ECPA election. <br />1.8 On January 14, 1987, PG&E filed its ECPA election and <br />on March 27, 1987, SMUD, NCPA and Southern Cities filed notice <br />2 <br />