ML18332A120

Pre-Notice of Disbursement from Decommissioning Trust

ML18332A120
Person / Time
Site:	Vermont Yankee
Issue date:	11/07/2018
From:	Daniels C, Metzger G Bank of New York Mellon, Entergy Nuclear Vermont Yankee
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
BVP 18-039
Download: ML18332A120 (2)

Text

-===*Entergy Entergy Nuclear Vermont Yankee, LLC Vermont Yankee 320 Govemor Hunt Rd.

Vemon, VT 05354 (802) 257*7711 BVY 18-039 Novembeir:7, 2018 :)* .

~-~. '  : ".;. ' * * ;; .',.::'

• 1" ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001

SUBJECT:

• Pre-Notice of Disbursement from Decommissioning Trust Vermont Yankee Nuclear Power Station.

, *-** *, ..-..,, I-, .-,,Dket No. 50-271 *. ,.. . . *

• ,. . .-.,.License No. DPR-28 ,:-:'*: _. 1, -- .:*-

Dear Mr. Dean:

in accordance wi~ y,~?nt Yank~! ,Nuci~r Pow~r Station (VYNPS) Renewed Facility Operating License '.Q.)n.t;$iti01J.::$.J.a.(iij)l, the decommissioning trust agreement must provide that no disbursements ~fp~en~ from 'the trust. other than for ordinary administrative expenses, shall be made by the trustee untiJ the trustee has first given thirty (30) days prior written notice to the NRC. :*;:;* '.* ...

Article IV; Section,4~05 ofthe Master-Decommissioning Trust Agreement by and between Entergy ~uclear,Yermont:Yailk~.:u_c (ENVY) and The Bank of New York Mellon, successor by oparatior{of law t<fMellon 'Bank: N.A. as Trustee, provides that no disbursements or payment~ s"8H be ma.~.~ t;>y the Trustee,. G&ther t~n Administrative Expenses in accordance with Section 4.02 of the, ~t¢r1'1)µst Ag~ment, until ti.le Trustee has first given the NRC thirty (30) days priofwritt~rtn~t1~*9f p~ymenfprpylijed, however, that no disbursement or payment from the Master-Trust shalt be;made if the Trustee receives. prior vnitten notice of objection from the NRC Director of,the Office of Nuclear Reactor Regulation.

This letter provides the NRC written notification of The Bank of New York Mellon's intent, upon receipt of a completed Disbursement Certificate from ENVY, to make a disbursement from the VYNPS nµ_qt~r fJeoom~t~sionlng tty~t in an amount not to exceed (without a supplemental 30-day notice' to the Director)' $12,000,000, for the period of November 2018. The disbursement request is expected to include, among other things, stte..specific decommissioning costs related 1

to licensing/emergency planning contractor costs. insurance and property tax.

The disbursement from the VVNPS nuclear decommissioning trust in the amount described above is planned to be made thirty (30) days following the date of this fetter. unless the trustee 1

These cost items are identified In the Site Specific Decommissioning Cost Estimate that 1,ws submitted to the NRC with the VYNPS Post-Shutdown Decommissioning Activities Report (PSOAR) on December 19, 2014. See PSDAR, App. C, Table C, at lines 2a.2.23, 2a.4.1 and 2a.4.2 (ADAMS Accession No. ML14357A110).

• A pl>l Ni~

BVY 18-039 i Page 2 of 2 receives prior written notice ct obj.9ction !rom -the NRC Director of tile omo'.zl of Nuclear Rec:ctor Regulation.

• This fetter contains oo nevs1 regulatory eommmnents.

Should you haireany qoostkms conooming this letter or require addticmai tnfcumatkm. please ctmtact Mr. Gren Metzger at 412°234"!0573 m Mr. John w. Boyte at 002-451 ..3198.

• oo: Oiracior. Off!oo of t\kidi!~r Reactor ~ffatit.m U.S. Nuclear R~w~~fY Commissltm Wa~ti~oo. 00 20565 Mr. Davi~ C. levi1 Region.Iii A~tllinistretor, Region 1 U.S. Nuffl'tar ijegulatcey CommF~'!iin 2100 Rt;naissan~ Siw, Suite 100 King *of Pn1ssia, PA 19-400..2n3 *

-Mr. Jack D. Parrott, Senior Project Manager -

Office of Nuclear Material Safety and Saf~oords U.S. Nutfear ~egufatory Comn~skm -

Ma;t Stop T*SA10 w~~n, 0020555.

Ms...iUiw T'iMtey, Cowr.i&isskmcr VemlOni Oep.srtment -Of PubHe Servl-oo 112 State Stroot- Orawer 20

• t~rit~t*lr, Vermont 00802-2001