ML17299B299

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Forwards Supplemental Application Re Sale & Leaseback Transactions by Public Svc Co of New Mexico.Application Incorporates Currently Available Interim & Annual Financial Statements for Equity Investors Listed
ML17299B299
Person / Time
Site: Palo Verde  Arizona Public Service icon.png
Issue date: 06/10/1986
From: Toy T
MUDGE, ROSE, GUTHRIE, ALEXANDER & FERDEN
To: Knighton G
Office of Nuclear Reactor Regulation
Shared Package
ML17299B300 List:
References
TAC-63147, TAC-63148, NUDOCS 8606130103
Download: ML17299B299 (5)


Text

REQ TORY INFORHATIQN DISTRIBU N SYSTEl'f (RIDS>

ACCESSION NBR: 8606130103 DOC. DATE: 86/06/10 NOTARIZED:

NQ FACIL:STN-50-528 Palo Verde Nuclear Station>

Unit 1..Arizona Publi BTN-50-529 Palo Verde Nuclear Station>

Unit 2i Arizona Pub li AUTH. NANE AUTHOR AFFILIATION TOYS T. N.

Nudge~

Rose~

Guthrie>

Ale xander 8r Ferden RECIP. NANE RECIPIENT AFFILIATION KNIQHTQN, Q. W.

PblR Prospect Directorate 7

DOCKET 5 05000528 05000529

SUBJECT:

Forward supplemental application re sale 5 leaseback transactions bg public Bvc Co of New Mexico. Application incor porates currently avai lab l e interim Zc annual finane ial statements for'quitg ninvestors listed.

DISTRIBUTION CODE:

N004D COPIES RECEIVED: LTRl ENCL g SIZE:~1 TITLE: Annual Financial Reports NOTES: Btandardi zed plant.

Standardized plant.

/'C~~i4t3,

~Q RECIPIENT COPIES ID CODE/NANE LTTR ENCL PW-It PD7 LA 01 LICITRA>E 1

0 REC IPIENT ID CODE/NANE PMR-8 PD7 PD COPIES LTTR ENCL 0

05000528 05000529 INTERNAL EXTERNAL: 24X NRC PDR 04 02 1

1 1

1.

LPDR 03 1

1 TOTAL NVHBER OF COPIES REGUlRED:

LTTR 8

ENCL 6

2I2I K STREETS N.W.

WASHINOTON, D.C. 20037 202 429 9355 SUITC 2020 333 SOUTH GRAND AVCNUE LOS ANDCLCSi CALIF',9007I 2I3 SI3 III2

~

~

MUDGE ROSE GUTHRIE ALEXANDER K FERDON ISO MAIDEN LANE NEW YORK, N. Y. I0038 212 - 5 I0 -70 0 0 CABLC ADDRCSSI DALTUCHIN5 NEW YORK TCLEXIWU IETBB9 TCLCCOPIERI 2I2 2kB 2555 SUITE 900, NORTHBRIDOE CENTRE SIS NORTH FLAOLER DRIVC WEST PALM BEACH, FL. 33AOI 305 550 BIOO l2, RUC DC LA PAIX T5002, PARISH FRANCE II) 42. BI, 57. TI June 10 1986 Director of Nuclear Reactor Regulation Attention:

Mr. George W. Knighton, Project Director PWR Project Directorate e7 Division of Pressurized Water Reactor Licensing-B Nuclear Regulatory Commission Washington, D.C.

20555 Re: Application in Respect of Sale and Leaseback Transactions by Public Service Company of New Mexico Dated February 14, 1986 Palo Verde Nuclear Generating Station Unit 2 (Docket No.

STN 50-529)

Supplemental Application in Respect of Sale and Leaseback Transactions by Public Service Company of New Mexico Dated February 5, 1986 Palo Verde Nuclear Generating Station Unit 1 (Docket No.

STN 50-528)

Dear Mr. Knighton:

By letter dated April 22, 1986, Public Service Company of New Mexico (PNM) submitted to the Commission its "Filing by Public Service Company of New Mexico with Respect to Additional Financial Information".

In that filing, PNM undertook to provide the Commission with certain information concerning Equity Investors with respect to Palo Verde Nuclear Generating Station (PVNGS) Unit 2.

A similar undertaking was made in the above-captioned Supplemental Application with respect to additional Equity Investors (other than affiliates of PNM) with respect to PVNGS Unit l.

~

8606130103 PDR gDOC~ 860610 I

pgpppg~8, PDR

Following is a table which shows the identity of the ulti-mate parent company of each Equity Investor from whom a commitment has been r'eceived and the expected amount of its equity commitment.

The undertaking of PNM set forth in Section 6 of the above-captioned Application (concerning submission of financial information with respect to prospective Equity Investors) will continue to apply to any newly identified Equity Investors.

Prospective E uit Investor*

HNB Equipment Unit Cost

~E unit ** Dellt**

The Chase Manhattan Corporation 1

$ 50g000g000 20$

80%

Citicorp Emerson Electric Co.

2 Mellon Bank Corporation 2

100i000g000 100~000g000 50g000~000 28 28 28 72 72 72

  • The Equity Investor will be a direct or indirect subsidiary of.

the named corporation.

    • Approximate.

Enclosed herewith are the currently available interim and annual financial statements for each of the Equity Investors identi-fied above.

As the Application and Supplemental Application make

clear, no Equity Investor will, as a result of its interest in a PVNGS unit, have any liability for payment of operation or decommis-sioning costs of or costs of capital improvements for such unit.

PNM is and remains responsible for these and similar items.

If I can be of further assistance, please do not hesitate to call.

Sincerely, Timo y Michael Toy Copies with enclosure to:

Edward S. Christenbury, Esq.

Office of Executive Legal Director Nuclear Regulatory Commission 7735 Old Georgetown Road

Bethesda, Maryland 21930, Edwin J. Reis, Esq.

Assistant Chief Hearing Counsel Nuclear Regulatory Commission 7735 Old Georgetown Road

Bethesda, Maryland 21930 Mr. James C. Peterson Nuclear Regulatory Commission Air Rights III Building 4550 Montgomery Avenue
Bethesda, Maryland 20814 Richard J.
Goddard, Esq.

Office of Executive Legal Director Nuclear Regulatory Commission 7735 Old Georgetown Road

Bethesda, Maryland 21930 Charles L. Moore, Esq.

Keleher a McLeod, P.A.

414 Silver Avenue, S.N.

Albuquerque, New Mexico 87158

Marty Gibbs, Esq.

Snell S Wilmer 3100 Valley Bank Center

Phoenix, Arizona 85073 Mr. A. J.

Robi son Public Service Company of New Mexico 1650 University Blvd.,

N. E.

Albuquerque, New Mexico 87102 Mr. Terry Horn Public Service Company of New Mexico Alvarado Square Albuquerque, New Mexico 87158