Company Bids on Two Spurs
February 18th, 1954
California-Pacific Utilities Company today announced through its Susanville office than an offer had been made to purchase from the Plumas-Sierra Rural Electric Cooperative, Inc. those sections of its system known as the Janesville Spur and the Diamond Mountain spur, from which the REA serves approximately 40 residential and farm customers.
The price offered for these two lines was approximately $15,255.69. This price did not include the meters on either of the two lines nor the transformers on the Janesville spur.
Additional facilities which will have to be provided by California-Pacific Utilities to assume service to these customers will amount to $7,000.
This offer is the culmination of negotiations which have been in progress for some time between the two electric companies and is designed to eliminate areas where the facilities of the two companies overlap.
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