ML19318A277

Petition Urging ASLB to Hold Evidentiary Hearings to Request Applicant to Show Cause Why Application Should Not Be Dismissed Due to Lack of Intention to Build.Requests Costs & Damages.W/Certificate of Svc & Supporting Documents

ML19318A277
Person / Time
Site:	05000376
Issue date:	04/30/1980
From:	Fernos G CITIZENS FOR THE CONSERVATION OF NATURAL RESOURCES, IN
To:	Atomic Safety and Licensing Board Panel
Shared Package
ML19318A278	List: ML19318A277 ML19318A285
References
NUDOCS 8006190132
Download: ML19318A277 (12)

Text

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, . . _ _ _ _ . . .. m 30 April,1980 UNITED STATES OF AMERICA NUCLEAR REG ULATORY COMMISION BEFORE THE ATOMIC SAFETY AND LICENSING BO ARD (ASLB) in the Matter of PUERTO RICO ELECTRIC DOC KET NO . 50- 376 POWER AUTHORITY Apolicant Proposed North Coast Nuclear Plant ( Unit 1 )

GONZALO FERNOS, PRO SE, ET AL.

• lslote Ward, Arecibo, Puerto Rico .

Intervenors (ISNIO -

g-g g 4g , PETITION REQUESTING EVIDENTIARY HEARINGS TO REQUEST APPLICANT TO SHOW CAUSE WHY THEIR APPLICATION SHOULD

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NOT BE DISMISSED FOR LACK OF INTENTION TO BUILD Bran y e THE HONORABLE BOARD :

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. COMES NOW the undersigned Intervenor, Pro Se, and on behalf of Members of Citizenz for the Conservation of Nctural Resources, Inc. ( CCNR ), and respectfully states alleges and prcys :

.1.- During the last two decades the cbove-captioned project hcs been kept I active. Documents made available to the Intervenors prove conclusively that Applicant l

had dropped its intention to build North Coast Nuclear Plant ever since August 5,1976.

During those last four years Applicant has been filing with the ASLB pro forma status reports.

On December 28,1979, Applicant requested the period for submission of status reports be changed from four months to twelve months cnd such request was granted on' February 19, 1980. Besides the fact that no other cpplication for nuclear plcnt licensing seems to have been kept active for such a long period without accomplishing anything, it is a serious offense in which Applicent incurs by hiding information from the ASLB and intervenors cbout the underlying reason for not dropping the cpplication once the decision wcs taken not to build the nuclect plant. Such hidden information proves that the recson Applicant has main-8006190l%

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Docket No. 50-376 30 April,1980 toined secret the fact that it no longer intends to build the nuclear plant is to prevent letting the revenue bond holders find out about the heavy financial loss that the nuclear

plant ill fated venture has inflicted upon the economy of Applicant.

1 e 2.- Intervanors have been gathering inforrnation to prove conclusively that Applicant has no legitimate intention to pursue the application and that , os stated above, the rooson it is kept olive is entirely irrelevant to the purpose which once was seriously -

sought to build a nuclear plant in Puerto Rico. To wi.t :

( A ) - In 1974 and 1975 the Applicant expropriated the tracts of land required for the construction of the above-captioned project, including the so-called exclusion

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area. The corresponding expropriation cases granted at the Court of Expropriation of the l Superior Court of Puerto Rico appears filed under dockets numbers: E74-1019 ; E74-1020 ;

i E74-1021 ; E 74-1022 ; E74-1023 ; E74-1024 ; E75-528 ; E75-529 ; E75-530 ; E75-531 ;

! E75-532 ; E75-533 ; E75-534 ; E75-574 ; E75-575 ; E75-576 ; E75-577 ; E75-578 ;

E75-579 ; E75-580 ; E75-581 ; E75-582 ; E75-583 ; E75-584 ; E75-585 ; E75-586 ;

E75-897 ; E75-898 ; E75-899 ; E75-900 ; E75-901 ;- E75-902 ; E75-903 ; E 75-904 ;

E75-905 ; E75-906 ; E75-907 ; and E75-908. However, as early as August 5,1976, b :

l l plicant comrnenced filing Motions of Desistance on all the above numbered cases desisting i

from exproprioting the land involved and requesting the Court of Expropriation that upon ,

refunding of the money paid by Applicant to the various land owners, the title of the land be reverted to them. Sample of one of those motions translated to English is enclosed, EXHIBIT ",

So for most of the land where supposedly the nuclear plant will sit bs been returned to the original owners, save a few cases which for legal technicality have not been completely prog cessed yet.

( B ) - Applicant's Official Financial Statement dated JUNE 30 , 1 979, indicateq that the Authority had incurred in costs to that date for the nuclear plant project of the sum l

Docket No. 50-376 30 April,1980 of $154,959,000, yet it has written down the costs to $ 5,931,000 ( EXHIBIT "B" ).

Intervenors believe that the reason Applicant has written down the costs and hangs on to the application for licensing before the ASLB in spite of desisting to build the nuclear plant is that to carry out a loss of $155 million would have on adverse effect on the sole of Power Revenue Bonds.

( C ) - The Interim Report of the Committee on Energy Alternatives for Puerto -l Rico, dated just 1979, prepared by the National Research Council of the National Academy of Science, referred to in the Applicant's status reports,* states, inter olio :  ;

" A plant of over 600 megawatts' capacity would be undesirably large in relation to the total copocity of the WRA system * * * * ~

Such a unit should not exceed 450 megowetts in capacity, and probably should be smaller. That constraint, in combinationwith the need to have the unit in operation in the next decade, rules out the use of nuclear power." ( EXHIBIT "C" ) ( Emphasis added).

i ( D ) - The Report of the Governor of Puerto Rico to the Legislature of January 31, 1980, the part regarding Puerto Rico's Electrical System is totally silent about nuclear-energy, yet it speaks about different sources of energy which are being studied for future use, none of which is nuclear energy, EXHIBIT "D".

( E ) - The Energy Policy of Puerto Rico, o document dated June,1979, prepared by the Office of Energy of Puerto Rico ottoched to the Governor's Office, raises serious doubts about the use of nuclear energy because of the many unanswered questions related j- to such technology, mainly, waste disposal, avoilobility of uranium, costs of shutdown of reactors, etc. ( EXHIBIT "E" ).

• Applicant's status reports only refer to o study undertaken by the National Academy of l

Science on contract by the Government of Puerto Rico. Status reports have remained silent

( obout any adverse findings such as the one quoted above.

o

Docket No. 50-376 30 April,1980

- e WHEREFORE, the Intervenors respectfully pray the Hororable Board to set a date to conduct a show cause hearing in Puerto Rico not later than July,1980 ; and

, upon Applicant's failing to satisfactorily refute the above allegations tobe expanded loter on, to issue order dismissing the above-captioned application with prejudice and to impose upon -

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the latter costs and a domoge sum of $10,000.00 on behalf of Intervenors for compelling us to litigate for five years o, meaningless application.

e in Son Juan, Puerto Rico, this 30th day of April 80.

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% Gonzalo Fern 6s ljro Se, and 3

2 on behalf of Members of CCNR u 503 Barbs Street

$ Santurce, Puerto Rico 00912 Tels. (809) 727-0087 /727-2287 CERTIFIC ATE OF SERVICE BY Mall i e i HEREBY CERTIFY : That on this some date copy of the above petition entitled :

j Petition Requesting Evidentiary Harinos to Request Applicant to Show Cause Why their

Application Should Not Be Dismissed for Lock of Intention to Build, has been served by mail on

Sheldon J. Wolfe, Esq., Chairman ASLB, U.S. Nuclear Regulatory Commission, Wash-ington, D.C. 20555 ; Dr. Richard F. Cole & Mr. Gustave . A. Linenberger, ASLB, U.S.

Nuclear Regulatory Commission, Washington, D.C. 20555 ; Secretary of the Commission, U.S. Nuclear Regulatory Commission, Washington, D.C. 20555, Attention : Docketing and Service Section ; Henry J. McGurren, Esq., Office of the Executive Legal Director, U.S.

Nuclear Regulatory Commission, Washington, D.C. 20555 ; Maurice Axelrod, Esq., Attorney for Puerto Rico Electric Power Authority,1025 Connecticut Avenue, N.W. Washington, D.C 20036 ; and Refoel Betancourt Pulliz6, Esq., GPO Box 4267, Son Juan, Puerto Rico 00936. 1

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EXHIBIT A"  !

IN THE SUPERIOR COURT OF PUERTO RICO I SAN JUAN BRANCH COMMONWEALTH OF PUERTO RICO ' CASE NO.

Petitioner vs. ABOUT :

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JO HN DO E AND RIC HARD DO E  ;

interested Party COMPULSORY EXPROPRIATION l MOTION OF DESISTANCE I

l TO THE HONORABLE COURT : l COMES NOW the Petitioner, Commonwealtliof Puerto Rico, represented by its l subscribing attorneys, and to that Honordie Court very respectfully states and requests : -l 1 - On ,1974 ( or 1975 ) the above-captioned case was filed before  !

this Honorable Court, acquiring the propdies described in pages of Exhibit of the Petition.

2- That the exproprioting agency, Puerto Rico Water Resources Authority, by means of letter of to the Department of Justice requested from the De-portment of Justice to totally desist from the above-coptioned case.

3- That the Commonwealth of Puerto Rico has not taken physical possession of the expropriated property in the above-captioned cose os described in Exhibit of the Peti-tion, nor has withdrawn the funds deposited in court as just compensation by the Petitioner i

to the order of the interested party, that is, the sum of $ .

4- That, therefore, the Petitioner very respectfully requests from the Honorable Court that,- in compliance with Rule 58.8(o) of the Rules of Civil Procedure in effect, to j have the Petitioner os having totolly desisted from the Petition for Compulsory Expropriation filed with regard to this case, without prejudice, and to draw a check to the. order of the exproprioting agency, Puerto Rico Water Resources Authority, in the sum of 3 and remit sola sum throughtheland Cases Division of the Department of Justice.

l 5- That very respectfully Petitioner also prays, to the Honorable Court, to order the Registrar of the Property of Arecibo that, in the event that the expropriated property has been i registered to the nome of the Commonwealth of Puerto Rico, to concel such inscription. If no l inscription has been effer:ed, not to take any action with regard to the original documents pre sented at Seat ,Page of Vol. of the Diary of said Registry.

Very respectfully requested, in San Juan, Puerto Rico, on ( dot.< ) .

Carlos R. Rios Secretary of Justice Signed by on Attorney, Dept. of Justice.

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I '- 4? EN EL TRIBUNAL SUPERIOR DE PUERTO RICO

. SALA DE SAN JUAN CASO NUM, E-75-501' (702)

EL ESTADO LIBRE ASOCIADO DE -

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. Peticionario

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, SUCISION DE JOSE A. RIOS .

' Parte con Interas

- EXPROPIACION FORbOSA M

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i - .MOCION DE DESISTIMIENTO .

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. .'Al Hon.' Tribunals . ..

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.. , . Counparece el peticionario, el Estado Libre Asociado de Puerto Rico, representado por sus abogados que suscriben, y:a ese Ec Segy, Tribunal respetuosamente expone y soli ita:

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1- Con fecha 23 de mayo de 1975 se radic6 ante este Hon'. -

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Tribunal el caso de epigrafe, adquiri6ndose las propiedades des- . . . :9 f,C y

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. Fluviales. mediante comunicaci6n fechada el 6 de julio de 1976 soli [:it6 del Departamento de Justicia qu'e se desista totabnente del ca's o de epigrafa.

3- Que el Estado Libre Asociado de Puerto Rico no ha totaado poseli6n fisica de la propiedad expropiada en el caso de epigr.nfe seg6n descrita en el Exhibit "A" de la Petici6n, ni se han reti .

rado los fondos consignados como, juca ccanpensaci6n por el peticio-nario a favor delas partes con interas, o sea, la suma de $51,457.00.

. 4- Que, por lo tanto, el peticionario muy respetuosamente solicita del Hon. Tribunal que, con 5crme a la Regla 58.8(a) de-las Reglas de Procedimiento Civil de 1958 vigente, le tenga por desistido y en su totalidad de la Petici6n de Expropiaci6n Forzosa ,

interpue.:ta en el caso de epigrafe, sin perjuicio, y expida un cheque a nombre de la agencia expropiante, Autoridad'de las Fuentes f

Fluviales de Puerto Rico, por la suma originalmente consignada de 51,452.oo y remita 6ste por conducto de 1a olvisien de casos de

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, Moci6n de De istiniento Caso NGa. E-75-581

.. j T,ierra del Departamento de Justicia. .

5- Que muy respetuosamente le suplica ademas, al Hon. Tribunal, que le ordene al Registrador de la Propiedad de Arecibo que, de haber inscrito la propiedad expropiada a nombre. del Estado Libre

' 'Asociado de Puerto Rico, cancele dicha inscripci6n . De no haber inecrito. no tome acci6n alguna sobre los documentos originales presentados al Asiento 204, Folio 102 del Tomo 513 del Diario d .

' f.tC* A co dicho Registro. j 3

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Muy respetuosamente solicitado.

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• En San Juan Puerto Rico, a 5 de agosto de 1976) '

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.Carlos R. Rios ',- .

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- 'Secretario de Justicia ' ..; 7.,~ul -

R. Adolfo de Castro -

Secretario Aux. de Justicia R. A. Pons del Valle Director, Asuntos Legales ivisi6n casas de Tierra u 5 W ter,an, .jNG,'Dez Hofo ado, Depto. de Justicia

., NOTIFICACION:

^ CERTIFICO: Que copia fiel y exacta de la Moci5n que precede ha sido enviada en el dia de hoy al Lic. Federico Pizarro Santiago, abogado de la parte con' inter 6s, a su direcci6n postal.

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En San Juan, Puerto Rico, a 3 d agosto de 1976.

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- .IN EL TREUtDLL SUPERIOR DE PVERTO RICO , J SAIA DE SAN JUAN ,

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EL ESTADO LIBRE ASOCIADO DE

• CASO NUM. E-75-581 (*102)

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SUCESION DE JOSE A. RIOS

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Parte con Interas I

EXPROPIACION FORZOSA

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.,,s . . . :. ,:.w vista la Mocian de Desistimiento radicada por la. parte peti-:, ~ *'

s clonaria,"se declara la misma con lugar y se ORD::NA:

', 'l- Se tiene al Estado Libre Asociado de Puerto Rico por desistido h,

de la Petici6a de 2:xpropiaci6n en su totalidad, conforme a lo dispuesto en la Regla 58.8(a) de Procedimiento Civ'il de 1958, vigente.

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, 2- Al Registrador de la Propiedad de Arecibo que, de haber ins- .

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',. .' crito la propiedad expropiada a nombre del Estado Libre Asociado de h~

t Puerto Rico, cancele dicha inscripci6n. De no haber inscrito, no tome acci6n alguna sobre los documentos originales presentados al j.

Asiento 204, Folio 102 del Tomo 513 del Diario de ese Registro. T

, , 3- La Secretaria de esta Sala debera expedir copia de esta

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, Resoluci6n al Registrador de la Propiedad de Arecibo para que aste

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• pueda actuar de acuerdo a lo aqui ordenado.

f: 4- Se ordena, adamas, a la Secretaria que remita el cheque por i

la suma de $51,4$7.00 a la Autoridad de las Fuentes Fluviales a travas de la Divisi6n de Casos de Tierra, Departamento de Justicia.

. Esta Resiuci6n es complementaria a las dictadas por este Tribunal el 28 de mayo de 1975 y 13 de abril de 1976, las cuales quedan vigentes

. en todo aquello que no conflija con li presente.

.' REGISTRESE Y NOTIFIQUESE.

s Dada en San Juan, Puerto Rico, a de de 1976.

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1 EicHIBIT "B "

Under theprovisions of the Acts of Congress now inforce, the Bonds ofered hereby and the interest thereon ar in the opinion of Bond Counsel, exemptfrom Federal, State, Commonwealth of Puerto Rico andlocal taxation.

NEW ISSUE ~

Ratings on the Series F Power Revenue Bonds Moody's: A Standard & Poor's: A S100,000,000 Puerto Rico Water Resources Authority Power Revenue Bonds, Series F -

Dated Novernber 1,1979 Due July 1, as abown below l The Series F Power Revenue Bonds are issuable as coupon bonds in the denomination of $5,000 or as registered bonds ~

without coupons in denominations of$5,000 or any integral multiple thereof and are interchangeable as provided in the 1974 -

Agreement at Citibank N.A., New Yorx, New York, trustee. Principal of and semiannualinterest (January I and July 1, first payment July 1,1980, representing eight months' interest) on coupon Series F Power Revenue Bonds will be pay the principal corporate trust omr:e of The Chase Manhattan Bank (Nadonal Association), New York, New York, or at the corporate trust omc= of Continental lilinois Nadonal Bank and Trust Company of Chicago, Chicago, Illinois, or at the corporate trust omces of Bank of America Nadonal Tnsst and Savings Association,14s Angeles and San Francisco, California, at the option of the holder. Principal of registered Series F Power Revenue Bonds will be payable at t omce of Citibank, check mailed N.A., New to the registered York, New York, and interest on registered Series F Power Revenue Bonds will be pa owner.

The Series F Power Revenue Bonds may be redeemed at the option of the Authority on or after July 1,1989 in the amounts and upon the terms described herein. The Series F Power Revenue Bonds will be subject to redempdon in an amount equal to the Amortization Requirements therefor commencing cn July 1,1989 at par plus accrued interest.

The Series F Power Revenue Bonds will be issued pursuant to the 1974 Agreement and, together with 5380,863,0 Power Revenue Bonds outstanding as of September 30,1979 and such additional Power Revenue Bonds as may b will be payable solely from the net revenues of the Authority's electric system deposited to the credit of the Renewal and Replacement Fund under the 1947 Indenture after the required deposits have been made to the 1947 Sinking Fund and t Cg Reservei Fund under the 1947 Indenture for the Authority's Electric Revenue Bonds, S850,585,000 of which was s of September 30,1979, Nei

1. credit of the Commonwealth of Puerto Rico nor that of any ofits political subdivisions will be pledged for odbbM6"*" 'r}he Suso nown a.enue Bonds.

tisNRO )

6} MAY141980 >

$20,000,000 8%% Bonds due July 1,2004-Price 95.054%

3 $80,000,000 9% Bonds due July 1,2009-Price 100%  ;

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ty (plus accrued interest) 7'

' s F Power Revenue Bonds e re oferedfor delivery when, as and ifissued and delivered to the Underwriters, e ubjec't't'o 11[e approval oflegality by Brown, Wood, Ivey, Mitchell& Petty, New York, New York, Bond Cou otVer conditions. It is expected that the Series F Power Revenue Bonds willbe deliveredin depnitiveform i York, on or about November 8,1979.

Merrill Lynch White Weld Capital Maricets Group Merrill Lynch, Pierce, Fenner & Smith incorporated The First Boston Corporation Blyth Eastman Dillon & Co, Incorporated Kidder, Peabody Cf Co.

incorporated Bache Halsey Stuart Shields Incorporated Banco Popular de Puerto Rico Salomon Brothers Weeden & Co, Div. of Moseley, Hallearten, Estabrook & Weeden Inc.

The date of this Official Statement is October 18, 1979.

4 E M 8,-

Nuclear Project .

In 1970 the Authority entered into a contract for the construction of a 613.MW nuclear generating plant for installation at A;uirre. In fiscal 1974, nuclear plant development at the Aguirre site was discontinued when it was determined that the site did not comply with revised seismological licensing requirements, and a location near Arecibo was chosen. In December 1975, the Authority postponed indefinitely the construction of the Arecibo plant although it is continuing its erTorts to license that site in g a

order to maintain its option of constructing a nuclear plant in the future. In December 1978, the Authority cancelled the contract for the manufacture of nuclear plant equipment.

For information relating to the canying value and effects of write downs of nuclear equipment, see Note (8) to Notes to the Financial Statements in Appendix 1.

Hen (c)) APPL.lES Al.So .

DEBT -

The following table sets forth the bond, note and other long. term debt obligations of the Authority as of September 30,1979 and as adjusted to give effect to the issuance of the Series F Power Revenue Bonds.

See Appendix 1 for information as to other liabilities of the Authority'.

September 30.1979

1. Outstanding As Adjusted f

(in thousands)

Electric Revenue Bonds d g ,

Publicly offered -.

p. . '. . S 794,660 $ 794,660 REA issues . h "

~ . 55,925 55,925

%: MAY.TG@ ---- > 3

, 850,585 850,585 Power Revenue Bonds OfficeoftheSecrefaty Publicly offerM

% Dodating & Service

' b'.. 7.. 331,000 431,000 REA issues . . 49,863 49,863

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380,863 480,863 Notes Under note purchasc agreement .- 200,289 104,529 Underlines orcredit for fuel 32.243 32.243 232',532 136,772 Due to Employees' Retirement System .. 19,428 19,428 S1,483,408 S1,487,648 J

Notes On September 30.1979, the Authority had outstanding S200.3 million interim financing notes issued under a S245.3 million line of credit with Government Development Bank. Of such notes, S195.3 million are held by several b.nks under a note purchase agreement (see" Note Purchase Agreement" below) and mature on December 31,1983. See Note (2) to Notes to the Financial Statements in Appendix 1. Such notes included S30.0 million of notes issued in August 1979 to refund the same amount of notes issued to three commercial backs in 1977. The refunded notes, which were' issued to pay for equipment, were repayable in five senuannualinstallments ending August 31,1981.

Proceeds of the Series F Power Revenue Bonds in the amount of $95.8 million will be applied to the payment of outstanding notes held by banks under the note nrchase agreement. The Authority plans to issue additional notes to finance capital improvements. See ": x. Year Program" under Projected Capital improvement and Financing Program.

Included under Notes is $32.2 million of notes issued under the $60.0 million lines of credit extended in July 1979 to the Authority by Citibank ,N. .A and The Chase Manhattan Bank (N tia onal Association) 18 .

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PUERTO RICO WATER RESOURCES AUTHORITY NOTES TO "!HE FINANCIAL STATEMENTS-(Coetinued)

(~) Pension plan: . :r, .

The Authority has a pension plan covering all qualified employees, which is administered by the Employees' Retirement System of Puerto Rico Water Resources Authority, an entity created by authorization of the Authority's Governing Board. The total pension cost for the year ended June 30,1979 was 523,300,000 (including the portion allocated to utility plant) of which approximately S11,500,000 represented prior service costs. Unfunded past service liability is being amortized over a 40. year period -

from June 30,1975, and current contribution is substantially funded as incurred. At June 30,1978 (date of the last actuarial report) the plan had accumulated benefits.in excess of net assets as follows:

Actuarial present v'alue of accumulated benefits. - ~

~ S227,602,000 Vested 359,'862,000 Nonvested

. .. , $587,464,000 ;

Net assets available for benefits . S154,484,000 i l

The most significant actuarial assumptions used as of June 30,1978, are: (a) retirements are assumed ,

to occur at the rate of 100% among those members eligible to retire between ages 60 and 65 or after the completion of 30 years of creditable services, (b) interest rate of 5%, compounded annually, (c) level j normal cost and open end liability, (d) assumed annual rates of future salary increases and (c) use of a 1963 mortality table by the actuary.

(8) Nuclear plant:

From 1970 to 1979, the Authority spent approximately S34,947,000 'r' elated to site and licensing for a

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nuclear plant which was originally planned to be located on the south ^ coast of Puerto Rico.1.icensing of that site, however, became unattainable under revised regulations, and a new licensable site 'was obtained 1 on the north coast of Puerto Rico. The Authority is taking the necessary steps to comply with all the appropriate licensing requirements in order to main'ain its option of constructing a nuclear plant in the future. Costs iri:urred in connection with the licensing requirements, which in the opinion of management are of continued benefit to the development of a nuclear or other plant, aggregate $21,004,000, and are g included in construction work in progress.

In addition, the instal'ition of the Authority's nuclear plant equipment has been postponed pending resolution of matters such as disposition of waste materials, and other technological, environmental and licensing requirements. During December,1978, the Authority rescinded the contract for the installation of the nuclear plant equipment. The costs incurred 'o date of 553,094,000 have been written down to S5,931,000, which amount, in the opinion of management ahd its Consulting Engineers, is realizable through the sale of the nuclear plant equipment if the Authority should decide to do so.

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PUERTO RICO WATER RESOURCES AUTHORITY NOTES TO THE FINANCIAL. STATEMENTS-(Continued)

The following summarizes the costs incurred and their status at June 30,1979.

Site Nu: lear and Plant Total Ucensine Equipment Write down by year- (Dollars in thousands) 1975 _ S 989 5 989 S.-

1976- 15,117 12,954 2,163 1978 - 28,000 28.000 1979 17.000

_ - I7,000 Total write down 61,106 13,943 47,163 Cost included in-Construction work in progress 21,004 21,004 -

Otl ier properties. 5,931 Totalincurred $88,041

_ 5,931 p 334,947 S53,094 (9) Other properties:

t As of June 30, other properties, stat:d at net realizable value, consisted of: '

1978 g (Dollars in thousands)

Nuclearplant equipment ... .

S22.N4 S 5,931 .,

Generating units and construction materials and supplies available for sale .

9,100 3.671 Generator held forpossible future usein the next generating facility 12,123 12,123 Land and laboratory building held forfuture use - 913 913 S44,280 $22,638 L

(10) Accounts receivable:

Accounts receivable at June 30, included the following-1978 1979 Electric and related services- (Dollars in thousands)

Government -

S 74,541

. . . . . . . S 83,769 Residential, industrial and commercial. 85,734

. . . ... 77,919 Unbilled service, including 516,622,000 in 1978 and S12,048,000 in 1979 foradditional fuel oil adjustment. . . . . 50,595 50,136 Commonwealth Government subsidy for certain residential cus.

tomers 20,980

-.. . . . . . . 26,187 Other subsidies receivable from Commonwealth Government .. ... 4,921 11,236

• Advances to Irrigation Systems, net 1,726

. . . . 4,779 Accrued interest - .-. . _ . . . 1,479 1,980 Other . _ .

3,978

. ~ . . . . - . . ~ 3,281 g 3 owance for uncollectible accounts ..... . .

(13.000)

(12.690) e, s S230.954 S246,597 NW h I.12 Cffice ofy,14mm ~

=3 ,,

D m ,fj,t d K Bra:y.

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