BVY 15-025, Pre-Notice of Disbursement from Decommissioning Trust

Pre-Notice of Disbursement from Decommissioning Trust

ML15104A354
Person / Time
Site:	Vermont Yankee
Issue date:	04/10/2015
From:	Ryan D, Wamser C Bank of New York Mellon, Entergy Nuclear Vermont Yankee
To:	Bill Dean Office of Nuclear Reactor Regulation
References
BVY 15-025
Download: ML15104A354 (2)

Text

Entergy Nuclear Vermont Yankee, LLC Entergy Vermont Yankee VmnV 320 Governor Hunt Rd.

802-257-7711 BVY 15-025 April 10, 2015 Mr. William M. Dean, Director Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, DC 20555

SUBJECT:

Pre-Notice of Disbursement from Decommissioning Trust Vermont Yankee Nuclear Power Station Docket No. 50-271 License No. DPR-28

Dear Sir:

In accordance with Vermont Yankee Nuclear Power Station (VYNPS) Renewed Facility Operating License Condition 3.J.a.(iii), the decommissioning trust agreement must provide that no disbursements or payments from the trust, other than for ordinary administrative expenses, shall be made by the trustee until the trustee has first given thirty (30) days prior written notice to the NRC.

Article IV, Section 4.05 of the Master Decommissioning Trust Agreement by and between Entergy Nuclear Vermont Yankee, LLC (ENVY) and The Bank of New York Mellon, successor by operation of law to Mellon Bank, N.A. as Trustee, provides that no disbursements or payments shall be made by the Trustee, other than Administrative Expenses in accordance with Section 4.02 of the Master Trust Agreement, until the Trustee has first given the NRC thirty (30) days prior written notice of payment; provided, however, that no disbursement or payment from the Master Trust shall be made if the Trustee receives prior written notice of objection from the NRC Director of the Office of Nuclear Reactor Regulation.

This letter provides the NRC written notification of The Bank of New York Mellon's intent, upon receipt of a completed Disbursement Certificate from ENVY, to make a disbursement from the VYNPS nuclear decommissioning trust. The disbursement is payment for decommissioning costs, as incurred, not to exceed (without a supplemental 30-day notice to the Director)

$6,500,000 at VYNPS, for the period of April 2015. ENVY has confirmed (or prior to the corresponding disbursement shall have confirmed) that the payments to be disbursed are for legitimate decommissioning expenses.

The disbursement from the VYNPS nuclear decommissioning trust in the amount described above is planned to be made thirty (30) days following the date of this letter, unless the trustee receives prior written notice of objection from the NRC Director of the Office of Nuclear Reactor Regulation.

BVY 15-025 / Page 2 of 2 This letter contains no new regulatory commitments.

Should you have any questions concerning this letter or require additional information, please contact Mr. Glen Metzger at 412-234-0573 or Mr. Christopher Wamser at 802-451-3102.

Sincerely, David Ryan Chris Wamser Managing Director Site Vice President The Bank of New York Mellon Entergy Nuclear Vermont Yankee, LLC cc: U.S. Nuclear Regulatory Commission Attn: Document Control Desk Washington, DC 20555-0001 Mr. Daniel H. Dorman Regional Administrator, Region 1 U.S. Nuclear Regulatory Commission 2100 Renaissance Blvd, Suite 100 King of Prussia, PA 19406-2713 Mr. James S. Kim, Project Manager Division of Operating Reactor Licensing Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Mail Stop 08D15 Washington, DC 20555 USNRC Resident Inspector Entergy Nuclear Vermont Yankee, LLC 320 Governor Hunt Road Vernon, Vermont 05354 Mr. Christopher Recchia, Commissioner Vermont Department of Public Service 112 State Street - Drawer 20 Montpelier, Vermont 05620-2601