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SCE Transmission Line Corridors

SCE Transmission Line Corridors. Corporate Real Estate Department Land Operations Manager Mark Meizner. Types of Ownership. Fee simple ownership Purchased from private land holders Held in exclusive easement Purchased from public and private land holders Very restrictive to other uses

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SCE Transmission Line Corridors

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  1. SCE TransmissionLine Corridors Corporate Real Estate Department Land Operations Manager Mark Meizner

  2. Types of Ownership • Fee simple ownership • Purchased from private land holders • Held in exclusive easement • Purchased from public and private land holders • Very restrictive to other uses • Allowed to exist by virtue of a permit • Granted by State and Federal Land Owners

  3. Easement vs Fee Ownership • Easements • Cost 10% to 30% less than fee ownership • Property owner has minimal rights left • Less liability and maintenance for SCE • 3600 miles of R/W in easement • New projects will add approximately 500 miles of new R/W

  4. Easement vs Fee Ownership (cont’d) • Fee • Pay full market value • Incur costs of property tax, liability and maintenance • Opportunity for additional revenue through compatible secondary land uses • SCE controls R/W • 2670 miles of R/W owned in fee simple

  5. Regulatory & Fiduciary Oversight • Assets are placed into rate base • SCE earns a rate of return • Assets are also held in a Trust Indenture • Used as collateral for financing operations

  6. Regulatory & Fiduciary Oversight (cont’d) • CPUC Section 851 • Prohibits utility from selling or devaluing asset without CPUC Approval • Granting of easements on fee property • Allowing uses prohibited in easements • Protect system reliability • Protect rate payer – maintain asset value • Drives consistent management of land assets

  7. Management of Land Assets • Fee Property • License for compatible uses to reduce SCE liability and improve community • Parks • Greenbelts • Horticulture • Agriculture • Parking • RV Storage

  8. Management of Land Assets (cont’d) • Fee Property (cont’d) • Perform weed abatement and clean property as necessary • Clear property from trespass • Manage water run off

  9. Management of Land Assets (cont’d) • Easements • Provide written consent to property owner for uses that are not in violation of easement • Clear encroachments by property owner and other 3rd parties • Maintain 24 hour access • Uses that are not allowed • Buildings or permanent structures • Parallel encroachments such as pipelines & fencing • Dog parks • Environmental mitigation

  10. Attempt to place unauthorized structure on R/W

  11. Ayala Park Combination of Fee and Easement R/W

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