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North County Times from Oceanside, California • 4

Location:
Oceanside, California
Issue Date:
Page:
4
Extracted Article Text (OCR)

(rSE) NoriiiQvntt Times A-4 SATURDAY, April 21, 2001 DAVIS CHARGERS ics of dealing with Vick. But few believe that, after the team resisted Vicks contract demands of an estimated $50 million, with bonuses and clauses totaling some $15 million. I totally understand that they are just being careful and learning from the mistake, said Vick, who exited Virginia Tech after his sophomore season. I wouldnt say it was a mistake that was made; I dont know what happened down there with Ryan Leaf. They are just being cautious, that is the word, and I do totally understand that.

Thats the business of sports, being cautious with whom they are going to select and how much money they wanted to spend. Like others, the Chargers went for broke in the Big Apple. Years from now. Chargers fans will know if this trade was rotten to the core. Contact staff writer Jay Paris at (760) 739 6650 or parisnctimes.net.

g. W'm Please recycle this as lethal. Some suggest he will one day be the Michael Jordan of the NFL. If so, the Chargers will be known as the leagues Portland Trail Blazers, the team that initially declined to draft Jordan. I wont bring that up again, said coach Mike Riley, who often used that analogy when speculating what might happen if the Chargers skipped Vick.

Hey, who knows, said Vick, whose smile and charisma rival his football skills. It depends on how I play. If I go out there and do the same things I did in college somebody who just makes plays and changes the game, maybe they will say that. It depends on if I pan out or not. Many felt Vick paid the sins of a former Charger quarterback who didnt pan out Ryan Leaf.

After getting fleeced by Leaf for some $13 million with only headaches in return before releasing him this offseason the Chargers were determined not to get burned again. Team President Dean Spanos said the Leaf disaster never entered into the dynam- ures were helpful, but theres quite a bit of additional information well be requesting from the administration in order for us to be able to put this plan through its paces. Bob Foster, an Edison vice president, said the Legislatures approval was necessary, and he hoped they wouldnt tinker with the balanced deal the governor and Edison officials had crafted. Bob Foster, an Edison vice president, said the Legislatures approval was necessary, and he hoped they wouldnt tinker with the balanced deal the governor and Edison officials had crafted. While you never put a take-it-or-leave-it deal in front of another constitutional body, Foster said, its either the agreement or bankruptcy.

Its that simple. Edison provides two-thirds of its customers power through contracts and by its own power plants. If Edison declared bankruptcy, a federal judge could cancel the contracts and sell power plants to pay the companys debts, Foster said. That would leave the state buying 100 percent of Edisons power needs, instead of the current 30 percent, he said. Senate leader John Burton said he wasnt convinced bankruptcy would hurt the state as much as Davis and Edison believe.

Any agreement would have to guarantee the people get a fair value for everything they do in order to get his support, Burton said. Right now, there seems to be a lot of inconsistencies with w'hat is being read in the agreement and what is being said. Burton said hes concerned the agreement would limit the Public Utilities Commissions oversight of Edison and hes not convinced a $400 million payment from the paient company, Edison International, is increase to a federal order requiring the state to back last-minute power buys, tight electricity supplies throughout the West, and high natural gas prices. Lawmakers should soon see legislation to approve Davis plan to keep the states other ailing utility from declaring bankruptcy. The plan calls for Edison to sell the state its transmission lines for about $2.8 billion, hand over development rights on 20,000 acres in the Sierra Nevada mountains, and sell cheap power to the state for 10 years.

Davis staff gave lawmakers a more detailed analysis of the agreement with Edison late Friday. Among the new details the administration disclosed was the opinion that Davis may not have the authority to seize power plants. If the state did seize the plants, it would likely lead to a costly court battle, documents from the briefings show. Consumer advocate Doug Heller said Davis and the Legislature have all kinds of authority to use emiment domain. Every emiment domain proceeding goes through some litigation.

But the governor shouldnt be afraid of the law. He should use it to protect the public, Heller said. Thats why we have emergency powers and eminent domain laws. Davis staff estimates that California and Edison ratepayers will get a benefit of between $5.5 billion and $25 billion out of the agreement. Most of that comes from avoiding high-priced power on the spot market by contracting with Edison power plants at cheap rates.

Edison would receive $4.1 billion in benefits, including $3.5 billion of debts repaid from the transmission line sale and by dedicating rates to pay off bonds, the administration estimates. Assemblyman Fred Keeley, D-Boulder Creek, said the new fig Continued from A-l Rebate program to run from June to September high prices spurred residents there to cut their power use by about 10 percent during the summer, with residential users saving 9 percent, small commercial users 2.6 percent and major commercial and industrial customers 6 percent. San Diegans went the extra yard last year, Davis said. They deserve an extra reward. The program will run from June to September.

Rebates for residents and small businesses will be based on overall reduction of their electricity use. Large commercial customers will have to show a reduction during peak times. Meanwhile, the states power buyers asked Friday for an additional $500 million to keep buying electricity for customers of two debt-ridden utilities. The request by the state Department of Water Resources brings the total authorized for power buys to $5.7 billion since January, when the state stepped in to prop up and Edison. The two utilities, with combined debts of neaily $14 billion, could no longer buy power on their own.

Earlier this week, Davis said the state's expenses rose after declared bankruptcy April 6. He said that move scared generators, who started charging ciedit premiums for power. Power buys averaged $57.4 million a day the wreek filed bankruptcy, Davis said. The next week, the states daily average rose to $73.2 million. and generators deny the bankruptcy caused the jump in power costs.

They attribute the other Ladies Rediner Big on comfort but small in sie at only 32" wide In stork in sottly patterned blue fabric order to suit your den. or house wall-lounger mechanisms $599 Wall Lounger or Rocker 649 Swivel Gliding Recliner Continued from A-l Team trades its No. 1 draft choice to Atlanta Falcons things happen for him. But you look at a football team, and some of the needs that we really have. Its a long list, which one might suspect after the Chargers tied an NFL record for futility in 2000.

The Chargers finished 1-15; no team in NFL history has lost more games in a single season. So with the fifth pick, and an additional one in the third round, the Chargers will attempt to shore up their dismal rushing attack by possibly drafting a running back and an offensive lineman. But the line on the 20-year-old Vick was this: He was the most exciting player to enter the pros in recent memory. Not only did he possess a left arm that produced prodigious passes, but his running ability was equally "Danville" Cedar Chest This charming cedar chest that is available in your choice of cherry or oak. has a lovely embossed ornament on the carved apron 42" 1 5" Now: $299 I tlMldlM Escondido 2nd at Broadway (760) 746-8844 I I I I I I I I I I I or custom swivel gilder Now: Warehouse Inventory Clearance ir IV Jriil II nr tlh 1 SAME 30 on Home Accents Furniture 7 Unique Home Accents Furniture One of San Diegos largest selections of area rugs -traditional, classic and contemporary fttfcrkmoii yf fine furniture interiors since W9 Old, Fashion Quality Store Hours: Sunday 12-5 Other davx kienmgs by Appointment Xj Corner Curio Pertect fot that neglected comer, it featuies seven adjustable glass shelves with plate grooves, halogen lighting, miriored back, front entrv door with lor all in an attractive countiy blown finish 33" 20" Now: $599 Interior, Design Seryici Oceanside 1916 So.

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ENCINITAS 201 South El Camino Real, Suite (760) 635-0730 (S Corner of Encinitas Blvd SAN DIEGO 1895 Hancock Street (619) 491-0700 (Hancock Noell, 1-5 Old Town Ave Exit) wwwsandiegoconsign com flow much can you Source- Nordi County Times usae sluJ, February 2001 Total Margin ot error 7 pereenlape points Responses mpel from annual sa.

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Pages Available:
394,796
Years Available:
1989-2004