1-1

1. Introduction

• 1.1 CPUC Bankruptcy Decision – Settlement Agreement and Stipulation 1-1
• 1.2 Pacific Forest and Watershed Lands Stewardship Council 1-3
• 1.3 Outline and Approach of the Land Conservation Plan (LCP) 1-7

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2. Purposes and Required Elements of the Land Conservation Plan

• 2.1 Protection and Enhancement of Benefi cial Public Values 2-1
• 2.2 Enhancement of Overall Environmental and Economic Benefits 2-1
• 2.3 Specifi c Requirements of the Stipulation 2-2
• 2.4 Other Required Considerations 2-5

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3. Planning Process

• 3.1 Organization of Watershed Lands 3-1
• 3.2 Concept Development for the Watershed Lands 3-1
• 3.3 Method of Analysis of Benefi cial Public Values 3-7
• 3.4 Method of Analysis of Other Values and Uses 3-10
• 3.5 Data Sources and Collection 3-12

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4. Overall Recommendations

• 4.1 Development of Disposition Packages 4-1
• 4.2 Donee Qualifi cations 4-10
• 4.3 Analysis of Impacts of Disposition Strategies 4-12
• 4.4 Monitoring of Economic and Physical Impacts 4-16

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5. Public Outreach and Collaboration

• 5.1 Stipulation Requirements 5-1
• 5.2 Forms of Public Consultation 5-1

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6. Next Steps for Regulatory Review and Disposition

• 6.1 LCP Review, Public Comment, and Approval 6-1
• 6.2 PG&E Roles and Responsibilities 6-3
• 6.3 CPUC Review and Action 6-3
• 6.4 FERC Review and Action 6-3
• 6.5 CEQA and NEPA Compliance 6-4
• 6.6 Land Disposition and Implementation 6-4

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7. Sources

Appendices

• Appendix 1: Settlement Agreement
• Appendix 2: Stipulation
• Appendix 3: YIP Investment Program Goals
• Appendix 4: Board of Directors
• Appendix 5: Individual Parcels Table
• Appendix 6: Economic Uses of the WS Lands
• Appendix 7: Summary of Policies and Recommendations
• Appendix 8: FERC License Status and Documentation
• Appendix 9: Data Sources and Collection

Glossary of Terms