Util. L. Rep. P 14,087, 96 Cal. Daily Op. Serv. 272, 96 Daily Journal D.A.R. 414 United States of America v. 42.13 Acres of Land, and Pacific Gas and Electric Company

73 F.3d 953 Util. L. Rep. P 14,087 , 96 Cal. Daily Op. Serv. 272 , 96 Daily Journal D.A.R. 414 UNITED STATES of America, Plaintiff-Appellee, v. 42.13 ACRES OF LAND, Defendant, and Pacific Gas and Electric Company, Defendant-Appellant. No. 93-16248. United States Court of Appeals, Ninth Circuit. Argued and Submitted Feb. 16, 1995. Decided Jan. 11, 1996. Richard Murray, McCutchen, Doyle, Brown & Enersen, San Francisco, California, for defendant-appellant. Robert L. Klarquist, United States Department of Justice, Washington, DC, for plaintiff-appellee. Appeal from the United States District Court for the Eastern District of California. Before REINHARDT, THOMPSON and KLEINFELD, Circuit Judges. OPINION KLEINFELD, Circuit Judge: 1 The issue in this case is whether a federal condemnation award has to include the value of an expectation of renewal of a federal license. 2 * FACTS 3 The Federal Power Commission issued a license pursuant to the Federal Power Act, 16 U.S.C. Secs. 791a, 797(e), et seq., to Pacific Gas & Electric Company (PG & E) in 1929, to use federal land on the Stanislaus River for a dam, reservoir and plant to generate electricity. The license would by its…