ML023370596
| ML023370596 | |
| Person / Time | |
|---|---|
| Site: | Catawba  |
| Issue date: | 12/04/2002 |
| From: | Chandu Patel NRC/NRR/DLPM/LPD2 |
| To: | John Nakoski NRC/NRR/DLPM/LPD2 |
| Patel C P, NRR/DLPM, 415-3025 | |
| References | |
| TAC MA9985, TAC MA9986 | |
| Download: ML023370596 (3) | |
Text
December 4, 2002 MEMORANDUM TO: John A. Nakoski, Chief, Section 1 Project Directorate II Division of Licensing Management, NRR FROM:
Chandu P. Patel, Project Manager, Section 1 Project Directorate II Division of Licensing Management, NRR
SUBJECT:
CATAWBA NUCLEAR STATION, UNITS 1 AND 2 RE: SALUDA RIVER ASSIGNED COLLATERAL FOR DECOMMISSIONING FUNDS (TAC NOS. MA9985 AND MA9986)
By letter dated August 23, 2000, as supplemented by letter dated November 8, 2000, the Saluda River Electric Cooperative, Inc. (Saluda), a part owner of Catawba Nuclear Station, Units 1 and 2, wrote to inform the NRC that in April of 1999 it had entered into a debt reorganization agreement with Rural Utility Service (RUS). As part of that agreement it gave RUS a collateral assignment of decommissioning trust proceeds. The assignment assigns to RUS, as security against loans previously made, rights to "excess funds" in the decommissioning fund. The purpose of the August 23, 2000, letter was to provide the NRC with notice of the assignment. No action was requested. Therefore, in the absence of an objection or question, a response is not necessary.
In a Memorandum from Barry Zalcman to Richard Emch dated July 10, 2001, the staff initially determined that some changes in the Assignment Document were necessary. However, after several discussions between the NRC staff and the representatives of RUS and Saluda River, the staff decided that no further actions are necessary at this time.
Based on the above decision, this action is considered complete.
Sincerely,
/RA/
Chandu P. Patel, Project Manager, Section 1 Project Directorate II Division of Licensing Project Management Office of Nuclear Reactor Regulation Docket Nos. 50-413 and 50-414 cc: See next page
December 4, 2002 MEMORANDUM TO: John A. Nakoski, Chief, Section 1 Project Directorate II Division of Licensing Management, NRR FROM:
Chandu P. Patel, Project Manager, Section 1 Project Directorate II Division of Licensing Management, NRR
SUBJECT:
CATAWBA NUCLEAR STATION, UNITS 1 AND 2 RE: SALUDA RIVER ASSIGNED COLLATERAL FOR DECOMMISSIONING FUNDS (TAC NOS. MA9985 AND MA9986)
By letter dated August 23, 2000, as supplemented by letter dated November 8, 2000, the Saluda River Electric Cooperative, Inc. (Saluda), a part owner of Catawba Nuclear Station, Units 1 and 2, wrote to inform the NRC that in April of 1999 it had entered into a debt reorganization agreement with Rural Utility Service (RUS). As part of that agreement it gave RUS a collateral assignment of decommissioning trust proceeds. The assignment assigns to RUS, as security against loans previously made, rights to "excess funds" in the decommissioning fund. The purpose of the August 23, 2000, letter was to provide the NRC with notice of the assignment. No action was requested. Therefore, in the absence of an objection or question, a response is not necessary.
In a Memorandum from Barry Zalcman to Richard Emch dated July 10, 2001, the staff initially determined that some changes in the Assignment Document were necessary. However, after several discussions between the NRC staff and the representatives of RUS and Saluda River, the staff decided that no further actions are necessary at this time.
Based on the above decision, this action is considered complete.
Sincerely,
/RA/
Chandu P. Patel, Project Manager, Section 1 Project Directorate II Division of Licensing Project Management Office of Nuclear Reactor Regulation Docket Nos. 50-413 and 50-414 cc: See next page Distribution:
PUBLIC PDII-1 R/F JNakoski CPatel CHawes OGC ACRS RHaag, RII ADAMS ACCESSION NO.: ML023370596 OFFICE PDII-1/PM PDII-1/LA OGC RPRP PDII-1/SC NAME CPatel CHawes SUttal BThomas LOlshan for JNakoski DATE 12/2/02 12/2/02 12/2/02 12/2/02 12/3/02 OFFICIAL RECORD COPY
Catawba Nuclear Station cc:
Mr. Gary Gilbert Regulatory Compliance Manager Duke Energy Corporation 4800 Concord Road York, South Carolina 29745 Ms. Lisa F. Vaughn Legal Department (PB05E)
Duke Energy Corporation 422 South Church Street Charlotte, North Carolina 28201-1006 Anne Cottingham, Esquire Winston and Strawn 1400 L Street, NW Washington, DC 20005 North Carolina Municipal Power Agency Number 1 1427 Meadowwood Boulevard P. O. Box 29513 Raleigh, North Carolina 27626 County Manager of York County York County Courthouse York, South Carolina 29745 Piedmont Municipal Power Agency 121 Village Drive Greer, South Carolina 29651 Ms. Karen E. Long Assistant Attorney General North Carolina Department of Justice P. O. Box 629 Raleigh, North Carolina 27602 NCEM REP Program Manager 4713 Mail Service Center Raleigh, NC 27699-4713 Richard M. Fry, Director Division of Radiation Protection North Carolina Department of Environment, Health, and Natural Resources 3825 Barrett Drive Raleigh, North Carolina 27609-7721 North Carolina Electric Membership Corporation P. O. Box 27306 Raleigh, North Carolina 27611 Senior Resident Inspector U.S. Nuclear Regulatory Commission 4830 Concord Road York, South Carolina 29745 Virgil R. Autry, Director Division of Radioactive Waste Management Bureau of Land and Waste Management Department of Health and Environmental Control 2600 Bull Street Columbia, South Carolina 29201-1708 Mr. C. Jeffrey Thomas Manager - Nuclear Regulatory Licensing Duke Energy Corporation 526 South Church Street Charlotte, North Carolina 28201-1006 Saluda River Electric P. O. Box 929 Laurens, South Carolina 29360 Mr. Peter R. Harden, IV VP-Customer Relations and Sales Westinghouse Electric Company 6000 Fairview Road 12th Floor Charlotte, North Carolina 28210 Mr. T. Richard Puryear Owners Group (NCEMC)
Duke Energy Corporation 4800 Concord Road York, South Carolina 29745