ML14104A927

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U.S. Nuclear Regulatory Commission Staff'S Spot-Check Review of Corn Belt Power Cooperative'S 10 Percent Ownership Interest in Duane Arnold Energy Center, Docket No. 50-331, on April 9, 2014 -Finding of No Potential Issues
ML14104A927
Person / Time
Site: Duane Arnold NextEra Energy icon.png
Issue date: 04/23/2014
From: Purdie M
NRC/NRR/DIRS/IFIB
To: Carpenter C
NRC/NRR/DIRS/IFIB
Michael Purdie, NRR/DIRS
References
Download: ML14104A927 (2)


Text

April 23, 2014 MEMORANDUM TO: Gene Carpenter, Acting Chief Financial Analysis and International Projects Branch Division of Inspection and Regional Support Office of Nuclear Reactor Regulation FROM: Michael D. Purdie, Financial Analyst /RA/

Financial Analysis and International Projects Branch Division of Inspection and Regional Support Office of Nuclear Reactor Regulation

SUBJECT:

U.S. NUCLEAR REGULATORY COMMISSION STAFFS SPOT-CHECK REVIEW OF CORN BELT POWER COOPERATIVES 10 PERCENT OWNERSHIP INTEREST IN DUANE ARNOLD ENERGY CENTER, DOCKET NO. 50-331, ON APRIL 9, 2014 FINDING OF NO POTENTIAL ISSUES Pursuant to SECY-07-0197, Reactor Decommissioning Trust Fund Oversight by Other Agencies and Recommendations Regarding Further Commission Action, dated November 7, 2007, the U.S. Nuclear Regulatory Commission (NRC) staff has been instructed to perform spot-checks on licensees to ensure that the amount reported to the NRC in the decommissioning funding status (DFS) report is equivalent to the amount the licensee has in its bank account, as of December 31 of the preceding year. After providing at least 10 days prior notice, the NRC staff, on April 9, 2014, performed the spot-check at Corn Belt Power Cooperatives (Corn Belt) Headquarters in Humboldt, Iowa, where Corn Belt holds/receives the original bank statements for Duane Arnold Energy Center (Duane Arnold) from Bankers Trust, reported by Morgan Stanley.

After the NRC staffs spot-check of Duane Arnold at the location of the original bank statements, the NRC staff found no issues related to the amount reported to the NRC in the 2013 DFS report of $21,568,060.25 and the stated amount in the bank statements dated December 31, 2012. The bank statements of Corn Belt divided between accounts held by Morgan Stanley, Citigroup, a hedge fund, and Bankers Trust. The total of all of the accounts is equivalent to the amount provided to the NRC in the 2013 DFS report.

Because no issues were found in the NRC staffs spot-check of Duane Arnold, this memo serves to close out Technical Assignment Control No. MF3699.

Docket No.: 50-331 CONTACT: Michael Purdie, NRR/DIRS 301-415-0244

ML14104A927 OFFICE: NRR/DIRS/IFIB:PM NAME: MPurdie DATE: 04/23/2014