Mission Statement of The North Embarcadero Waterfront (NEW) Futures Committee

The North Embarcadero Waterfront (NEW) Futures Committee will lead a community-driven process to identify and evaluate alternatives for the power plant site.  Our Mission will be to create and document a vision that identifies and integrates the diverse perspectives and requirements of our community.

Working Groups
1. Short Term Finance -- Identify sources and secure seed money to fund the activities of the Committee.  Funds will be used for general operating functions of the Committee such as transportation and supplies.  Funds could also be allocated to consultants or other professional assistance to help the Committee in developing a preliminary plan.  This is likely grant money.

2. Existing Site Research -- This working group will deal with the site itself.  How big is the site?  How much is usable (excluding the cultural, biological, and other constraints?  It will inventory and evaluate the architectural value and functionality of the buildings on the site.  The Working Group will identify lot lines, zoning, etc. of the plant site and adjoining properties including the switchyard and city-owned property.

3. Community Communications -- Obtain and document input from public and private sources including individuals, business groups, private organizations, local and regional government, regional industry and other stakeholders.  This Working Group will be responsible to communicate actions, progress and information to all interested parties and for the preparation and distribution of press releases.

4. Local, State and Federal Regulators and Other Interested Parties – Identify relevant regulatory entities, document their interests and concerns, determine their jurisdiction and regulatory power.

Three Possibilities
1. No Change -- Under this scenario the plant continues to operate under contract from PG&E.  However, there may be an opportunity for the City to discuss the tank farm area which is currently not being used.

2. New Power Plant -- LS could take the decision to demolish the existing plant and build a new and efficient plant on the site.  LS Power has not made a final decision on the future of the modernization project as yet.  A new plant is proposed to be built at the location of the existing tank farm.  The opportunity here is that the property where the existing plant resides could become available.  The City will be involved with the master planning of this area.

3. Plant Closure -- The entire property could become available.  The cost of clearing the land would have to be factored into the overall value of the property.  With the plant out of operation, there would also be a possibility that adjacent property owned by PG&E could become available (all or in part).