ML102371181

Transmittal of Response to Request for Additional Information Regarding Request for Self-Guarantee Pursuant to 10 CFR Part 50, 10 CFR Part 70 and NUREG/1757, Vol. 3

ML102371181
Person / Time
Site:	Reed College
Issue date:	08/18/2010
From:	Frantz S Reed College
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
TAC ME1583
Download: ML102371181 (3)

Text

REED COLLEGE REACTOR FACILITY 3203 Southeast Woodstock Boulevard August 18, 2010 Portland, Oregon ATTN: Document Control Desk 97202-8199 U S. Nuclear Regulatory Commission Washington, DC 20555-0001 telephone 503/777-7222 Docket: 50-288 fax License No: R-112 503/777-7274

Subject:

RAI TAC NO. ME1583 email reactor@reed.edu web Attached is the letter required by the subject RAI dated December 10, http://reactor.reed.edu 2009. The response and attachments do not contain any sensitive informa-tion.

Please contact us if you have any questions. Thank you.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on '-, -- ,o Step en G. Frantz Director, Reed Research Reactor.

40:)C)

REED COLLEGE OFFICE OF THE TREASURER August 2, 2010 3203 Southeast Woodstock Boulevard Portland, Oregon U.S. NuclearRegulatory Commission 97202-8199 Office of Nuclear Material Safety and Safeguards telephone Washington, DC 20555-0001 503/777-7506 Attention: Self-Guarantee Decommissioning Request and Application fax 503/777-7775 Re: Request for Self-Guarantee Pursuant to 10 CFR Part 50, 10 CFR Part 70 and email NUREG-1757, Vol. 3 emcfarl@reed.edu

Dear Sir/ Madam:

In my capacity as the Vice President/Treasurer of Reed College, a nonprofit college, I serve as Reed College's Chief Financial Officer. This letter is in support of Reed College's use of the self-guarantee financial test to demonstrate financial assurance, as specified in 10 CFR Part 50. Reed College has no parent company.

Reed College guarantees, through the self-guarantee submitted to demonstrate compliance under 10 CFR Part 50, the decommissioning of the following facility owned or operated by Reed College. The current cost estimates or certified amounts for decommissioning, so guaranteed, are shown:

Name of License # Location of Facility Certified Amounts of Facility and Docket 2010 Cost Estimates Reed R-112 3203 SE Woodstock Blvd $829,412 College 50-288 Portland, OR 97202 I hereby certify that Reed College is currently a going concern, and that it possesses positive tangible net worth in the approximate amount of $400 million.

Reed College is not required to file a Form 10-K with the U.S. Securities and Exchange Commission for the latest fiscal year.

Reed College satisfies the following self-guarantee test:

1. Current bond rating of most recent uninsured, uncollateralized, and unencumbered issuance of this institution:

9 Rating: Aa2/VMIGI 0 Name of rating service: Moody's Investors Service

• Rating: AA-/A-I+

• Name of rating service: Standard & Poor's

2. Is the rating specified on line 1 "A" or better? Yes I hereby certify that the content of this letter is true and correct to the best of my knowledge.

Signature Name: Edwin 0. Mc riane

Title:

Vice President/ Treasurer (Chief Financial Officer)