ML19261B710
| ML19261B710 | |
| Person / Time | |
|---|---|
| Site: | Hatch  |
| Issue date: | 01/31/1979 |
| From: | Dinitz I Office of Nuclear Reactor Regulation |
| To: | Whitmer C GEORGIA POWER CO. |
| References | |
| NUDOCS 7902280537 | |
| Download: ML19261B710 (3) | |
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s January 31, 1979
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.A!.lT/ p,qN3 lir. Charles F. Whitmer Vice President, Engineering f.
Georgia Power Company 1
230 Peachtree Street-P. O. Box 4545 Atlanta, Georgia 30303
Dear Mr. Whitmer:
We are enclosing herewith five copies of a duplicate amendment-No.10 to Indemnity Agrcement B-69 to replace the copies that were
-lost. Please execute all five copies and return one fully executed
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copy to us.
Sincerely, Ira Dinitz Indemnity Specialist.
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Antitrust & Indemnity Group
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Huclear Reactor Regulation
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NUCLEAR REGULATORY COM MSSION 5 '
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3 WASHef.OTOf., D. C. 205E5 "g ^7 y DUPLICATE ORIGINAL f. net Nos. 50-321 50-366 AMENDMENT TO INDEMNITY AGREEMENT NO. B-69 AMENDMENT N0. 10 Effective August 1,1977, Indemnity Agreement No. B-69, between Georgia Power Company, Oglethorpe Electric Membership Corporation, Municipal Electric Authority of Georgia and City of Dalton, Georgia, and the Atomic Energy Commission, dated August 2, 1973, as amended, is hereby further amended by adding a new Article VIII to read as follows:
" ARTICLE VIII "1.
If the licensee fails to pay assessed deterred premiums, the Commission reserves the right to pay those premiums on behalf of the licensee and to recover the amount of such premiums from the licensee.
"2.
The Commission shall require the immediate submission of financial statements by those licensees who indicate, after an assessment of the retrospective premium by the insurance pools, that they will not pay the assessn ent.
Such financial statements shall include, as a minimum, exhibits indicating internally generated funds from operations and accumulated retained earnings.
Subsequent submission of financial statements by such licensees may be requested by the Commission, as required.
"3.
If premiums are paid by the Commission as provided in paragraph 1, payment by the Commission shall create a lien in the amount paid in favor of the United States upon all property and rights to property, whether real or personal, belonging to such licensee.
The lien shall arise at the time payment is made by the Commission and shall continue until the liability for the amount (or a judgment against the licensee arising out of such liability) is satisfied or becomes unenforceable.
The Commission will issue a certificate of release of any such lien if it finds that the liability for the amount h,s been fully satisfied or has i;ecome legally unenforceable.
- "4.
If the Commission determines that the licensee is financially able to reimburse the Commission for a deferred premium payment made in its behalf, and the licensee, af ter notice of such determination by the Comnission fails to make such reimbursement within 120 days, the Commission will take appropriate steps to suspend the license for 30 days.
The Commission may take any further action as necessary if reimbursement is not made within the 30-day suspension period including, but not limited to, termination of the operating license."
FOR THE UNITED STATES NUCLEAR REGULATORY COMMISSION Jerome Saltzman, Chief Antitrust and Indemnity Group Office of Nuclear Reactor Regulation Accepted
,1978 Accepted
,1978 By By GEORGIA POWER COMPANY OGLETHORPE ELECTRIC NEMBERSHIP CORPORATION Accepted
,1978 Accepted
, 1978 Sy_
By MUNICIPAL ELEC,RIC AUTHORITY CITY OF DALTON, GEORGIA 0F GEORGIA