ML021500524

From kanterella
Jump to navigation Jump to search
Review of Cimmaron Corporation 2001 Decommissioning Financial Assurance
ML021500524
Person / Time
Site: 07000925
Issue date: 06/03/2002
From: Craig C
NRC/NMSS/DWM
To: Scott Moore
NRC/NMSS/DWM
References
Download: ML021500524 (3)


Text

June3, 2002 MEMORANDUM TO: Scott W. Moore, Chief Special Projects Section Decommissioning Branch, NMSS/DWM FROM:

Claudia Craig, Chief

/RA/

Facilities Decommissioning Section Decommissioning Branch, NMSS/DWM

SUBJECT:

REVIEW OF CIMMARON CORPORATION 2001 DECOMMISSIONING FINANCIAL ASSURANCE By letter dated March 28, 2002, Kerr-McGee Corporation submitted a letter of credit (LOC) and standby trust on behalf of Cimarron Corporation, a subsidiary of Kerr-McGee, as financial assurance for Cimarrons facility in Crescent, Oklahoma. The LOC and standby trust replace the previous financial assurance instrument, a parent company guarantee, provided by Kerr-McGee. The submission addresses decommissioning costs of $3,600,000 for license SNM-928 issued under 10 CFR Part 70.

The staff found that the submitted financial instruments are acceptable.

Therefore, the previously held parent company guarantee and supporting documents have been stamped Cancelled. You should return the original instruments to the licensee.

Docket No.: 07000928 License No.: SNM-928

Attachment:

Cancelled Financial Assurance Instruments

Contact:

Thomas L. Fredrichs, NMSS/DWM/DCB (301) 415-5971

June 3, 2002 MEMORANDUM TO: Scott W. Moore, Chief Special Projects Section Decommissioning Branch, NMSS/DWM FROM:

Claudia Craig, Chief

/RA/

Facilities Decommissioning Section Decommissioning Branch, NMSS/DWM

SUBJECT:

REVIEW OF CIMMARON CORPORATION 2001 DECOMMISSIONING FINANCIAL ASSURANCE By letter dated March 28, 2002, Kerr-McGee Corporation submitted a letter of credit (LOC) and standby trust on behalf of Cimarron Corporation, a subsidiary of Kerr-McGee, as financial assurance for Cimarrons facility in Crescent, Oklahoma. The LOC and standby trust replace the previous financial assurance instrument, a parent company guarantee, provided by Kerr-McGee. The submission addresses decommissioning costs of $3,600,000 for license SNM-928 issued under 10 CFR Part 70.

The staff found that the submitted financial instruments are acceptable.

Therefore, the previously held parent company guarantee and supporting documents have been stamped Cancelled. You should return the original instruments to the licensee.

Docket No.: 07000928 License No.: SNM-928

Attachment:

Cancelled Financial Assurance Instruments

Contact:

Thomas L. Fredrichs, NMSS/DWM/DCB (301) 415-5971 This document should / / should not /X / be made available to the PUBLIC TLF / /02 AN: ML-021500524 (Letter)

Template No.:NMSS-010 AN: ML-021500528 (Package)

Ticket No.: DCB-379 DISTRIBUTION:

File Center DCB r/f NMSS r/f Reamer L.Camper K.Kalman T.Fredrichs DOCUMENT NAME: C:\\ORPCheckout\\FileNET\\ML021500524.wpd OFC DCB DCB DCB DCB NAME T.Fredrichs C.Craig DATE 6/3/02 6/3/02

/ /02

/ /02 OFFICIAL RECORD COPY

ATTACHMENT 1 CIMMARON CORPORATION CANCELLED FINANCIAL INSTRUMENTS ACCESSION NO.: ML021510214