BVY 16-033, Pre-Notice of Disbursement' from Decommissioning Trust

Pre-Notice of Disbursement' from Decommissioning Trust

ML16347A659
Person / Time
Site:	Vermont Yankee
Issue date:	12/07/2016
From:	Boyle J, Ryan D Bank of New York Mellon, Entergy Nuclear Vermont Yankee
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
BVY 16-033
Download: ML16347A659 (2)

Text

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

Vernon, VT 05354 (802) 257-7711 BVY 16-033

/

December 7, 2016 ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001

SUBJECT:

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

( License No. DPR-28

Dear Mr. Dean:

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 in an amount not to exceed (without a supplemental 30-day notice to the Director) $5, 100,000, for the period of December 2016. The disbursement request is expected to include, among other things, site-specific decommissioning costs related 1

to licensing/emergency planning contractor costs, insurance and property tax.

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 These cost items are identified in the Site Specific Decommissioning Cost Estimate that was submitted to the NRG with the VYNPS Post-Shutdown Decommissioning Activities Report (PSDAR) on December 19, 2014. See PSDAR, App. C, Table C, at lines 2a.2.23, 2a.4.1 and 2a.4.2 (ADAMS )

Accession No. ML14357A110). _ _ } {) 0

- N~~

BV'f 16-033 / Page 2 of 2 receives prior written notice of objection from the NRC Director of the Office of Nuelear Reactor Regulation.

This letter contains no new regulatory commitments.

Should you have any que8tions concemlng this letter or require additional lnfonnation, please contact Mr. Glen Metzger at 412-234-0573 or Mr. John W. Boyle at 802-451 *3196.

Sincerely, D * ..

~-

DaWJRyan. . Jo ,B Managing Director . *

• Decommlssionirlg Director The Bank of New York Menon Entergy Nuclear Vermont Yankee, LLC

.cc: Mr. William M. Dean, Director .

Office of Nuclear Reactor Regulation U.S. Nuc;lear Regulatory Commission Washington, DC 20555 .*

Mr. DanielH. Dorman Regional Administrator, Region 1

. U.S. Nuclear Regulatory Commission .

2100 Renal$sance Blvd, Suite 1oo King of Prussia, PA 1'9406-2713 *

.*. *Mr. Jack D. Parrott, Senior Project Manager OHlce of Nuelear Material safety and Safeguards U.S. Nuclear Regulatory Commission

• Mall Stop T*8F5 .

Washington, DC 20555

. Mr. Christopher Recchia, Commissioner Vermont Department of Public Service

.112 State Street - Drawer20 Montpelier, Vermont 05602-2601