California PUC delays vote on $12.5 billion bond plan

SAN FRANCISCO, Sept 13, 2001 – The deadly attacks on New York’s World Trade Center and the Pentagon have caused the California PUC to delay today’s scheduled vote on a massive $12.5 billion power bond sale.

The CPUC said that it would meet as scheduled today but not vote on the plan because of the closure of its office on Tuesday and an extended period for public comment, a report from Reuters News service said. The new time and place have not been set.

The extended comment period ended at 5 p.m. PDT on Wednesday.

The bond sale would help pay for keeping the power on in the state during the energy crisis.

Several California state offices, including the CPUC, were closed Tuesday after the hijacked passenger jets had been crashed into the twin World Trade Center towers in New York City. Shortly thereafter, another passenger jet hit an outer portion of the Pentagon and a fourth jet crashed in Pennsylvania. No death toll has been established but officials expect it to be in the thousands.

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