BVY 18-006, Pre-Notice of Disbursement from Decommissioning Trust
| ML18065A179 | |
| Person / Time | |
|---|---|
| Site: | Vermont Yankee File:NorthStar Vermont Yankee icon.png |
| Issue date: | 02/22/2018 |
| From: | Daniels C, Ryan D Bank of New York Mellon, Entergy Nuclear Vermont Yankee |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| BVY 18-006 | |
| Download: ML18065A179 (2) | |
Text
~Entergy Entergy Nuclear Vermont Yankee, LLC Vermont Yankee BVY 18-006 February 22, 2018 Attn: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001 320 Governor Hunt Rd.
Vernon, VT 05354 (802) 257-7711
SUBJECT:
Pre-Notice of Disbursement from Decommissioning Trust Vermont Yankee Nuclear Power Station Docket No. 50-271 License No. DPR-28
Dear Sir or Madam:
ln,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 t~e 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) $5,500,000.00, for the period of February 2018. The disbursement request is expected to include, among other things, site-specific decommissioning costs related to licensing/emergency planning contractor costs, insurance and property tax.1 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 1,9, 2014. See PSDAR, App. C, Table C, at lines 2a.2.23, 2a.4.1 and 2a.4.2 (ADAMS JL,,,
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Accession No. ML14357A110).
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- B\\/Y 18-006 /Page 2 of 2 *.*
- receives prior ~ritten notice. of objection fr~m the NRG.* Director of the Office of Nuclear Fleactor *..
Regulation.
This letter.cOntair,s no new regul~tpry commitments..
.. should you have a~y que~tions conceming this 1etter or require addition~, intorm~tion; please*. **.* * ** * *
.. contactMr. Glen Metzger.at 41~-234-0573orMr. Corey Ft panielsatso2.:.4st-3196. * **
...... <. Shicere1y,
- (*****.*.****.*...
- -.~**
- . David Ryan
. *.
- Managing Director. *.
- The 13ank c,f NewYork. Mello.n
- ~
.... *.*fvE
, Core~~nie~
- / *......
Director, Nuclear Qecommissioning. *.
EntEirgyNuclearVermont Yank¢e, LLC
.. cc:
. IJirector, Office of Nucle~r R~actorRegulation. *.. *
.*.* U.S. Nuclear Regulatory Commission
- Washington, DC 20555 **
Regional Administrator, Reglcm 1
. U.S. Nuclear Regulatory Commission.
2100 Renaiss~nce Blvd, Suite 100
- King qt Prussia; PA 19406-2713
- Mr; Jac~b.* Parrott, Senior Project Manager.
- Office of Nuclear Material Safety arid Safeguards.
lJ.S~ Nuclear Regulatory Corilmission.
.
- Mail StopT,,8F5 Washington, DC 20555 **
Ms~ June Tie~~y, Cornm;ssioner..
- Vermont Department of Public Service***.*
... 112 State Street~ Drawer 20
- *.
- Montpelier, Ve~monf 05602-2601
,**.