BVY 19-040, Pre-Notice of Disbursement from Decommissioning Trust

Pre-Notice of Disbursement from Decommissioning Trust

ML19323D242
Person / Time
Site:	Vermont Yankee
Issue date:	11/07/2019
From:	Daniels C, Metzger G Bank of New York Mellon, NorthStar Vermont Yankee
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
BVY 19-040
Download: ML19323D242 (2)

Text

$*.*. NorthStar Vermont Yankee, LLC Vermont Yankee Nuclear Power Station 320 Governor Hunt Rd.

Vernon, VT* 05354

• NorthStar 802-451-5354 .

BVY 19-0.40 November 7, 2019 ATTN: Document Control Desk

!J.S ..-Nuclear Regulatory C9rrimission Washington, DC 20555-000.1

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:

In accordance with Vermont Yankee Nuclear Power Station (VYNPS) Renewed Facility Operating License Condition 3.J.a.(iii), the deco*mmissioning trust agreement must provide*that

.no disbursements or payments from the trust, other-than tor* 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.ofthe.Master ~commissioning Trust Agreement py a_nd between..

NorthStarVermont Yankee, LLC (NorthStar) and The Bank of New York Mellon, successor by

. oper:ation of law to Mellon Bank,. N.A. as Trust~; Pl"l?Vides that no disbursements or* payments shall be made* by the Trust~. other than Administrative Expenses in accor:d!:ln~ with Section 4.02 of the Master Trust Agreement, uritil 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 st:tall ~e made If the Trustee receives prior writte_n notice of obj~ction from the NRG Director of the Office .of Nuclear Reactor Regulation.

This letter provides NRC *written notification of The Bank of New York Mellon's *intent, upon receipt of a.* completed Disbu~~ment Certific;:ate from NorttiStar, to make a disbursement from the VYNPS nuclear decommissioning trust in an amount not to exceed. (~out a supplemental 30-day notice to the Director) $8,100,000.00, for the period of October 2019. The disbursement

. request is expected to include, amohg other th'ings, *site-specific d~commissioning costs 'related to licensing contractqr costs, insuran~ and pr:operty tax. * *

• Th.e disbursement from the VYNPS nuclear decommissioning trust in the amount described

• above is planned to be made thirty (30) days*followi11g th~ date of this letter, unless the trustee_

receives ,prio~ written nptice of objection* from the NRC Director of *the Office of Nuclear Reactor Regulation. * * * *

• This letter contains no new regulatory commitments.

Should you. have any quesijons concerning this letter or require a9ditional information, please

• contact Mr. Glen Metzger ~t 412-234-0573 *or Mr. Corey. R. D.aniels ~t 802-45'1-5354, Ext 2501.

. . ;l.DDI

,JtR-

!3VY ~ 9--040 / Page 2 of 2 Sincerely;

• ... 'L ..~

• Gten Metzger Corey R. Daniels Vice President & s*ervici,' Director ISFSI Manager ..

. The Bank of New York MellOl'.'I .NorthS~ Vermont Yankee, LL<;:

cc: Director, Office of Nuclear Reactor Regulation l,J .S. *Nuclear Regulatory Commission Washington, DC 20555 *

• Mr. David C. L8't:i .

Regional Administrator, Regl:on *1 u.s: Nuclear Regulatory Commission.

2100 _Renaissance Blvd, Suite 100 King of Prussia, PA 1~2713 Mr. Jack D. Parrott, Senior Project Manager Office of Nuclear Material Safety and Safeguards U.S. Nuclear Regulatory Commission

_Mail ~top.T-5A10 Washington, DC 20555

.Ms. June Tierney, Comm~oner .

Vermont Department of Public Servlqe :

112 State Street ~ Drawer 20 Montpelier, Vermont 05602-2601