ML19322E391
| ML19322E391 | |
| Person / Time | |
|---|---|
| Site: | Crystal River  |
| Issue date: | 03/21/1980 |
| From: | Brandimore S FLORIDA POWER CORP. |
| To: | Saltzman J Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8003270367 | |
| Download: ML19322E391 (1) | |
Text
Florida Pow o.....e...r.
S A. Brandimore
$r" Era 75 *$ll7"'
March 21, 1980 and General Counsel Mr. Jerome Saltzman, Chief Antitrust & Indemnity Group Office of Nuclear Reactor Regulation U. S. Nuclear Regulatory Commission
- Washington, D. C. 20555
Dear Mr. Saltzman:
In response to your letter of March 5,1980 relative to Florida Power Corporation's gua antee of pay-ment of retrospective premium for 1979, purstant
- .o section 140.21 of 10 CFR Part 140, and your earlier letter of De-cember 10, 1979 on the same matter, I am enclosing a copy of letter dated January 4,1980 f rom J. G. Loader, Treasurer Florida Power Corporation, to you, together with attachments.
You will note that Mr. Loader apolized for not furnishing the 1979 submittal, based upon our assumption that Mr. McKee's letter of May 25, 1979 to you was satis-factory, since we advised that we would make our next filing in June of 1980, unless we heard from you to the con t ra ry, whi ch we neve r d id.
Your most recent letter totally ignores any receipt of Mr. Loader's letter, therefore, I can only assume that it was never received and maybe we can both lament over the reliability of the postal service.
I am sending this letter certified mail, return receipt requested. Please advise if I can furnish anything else in this regard.
Very truly yours,
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Encl.
D il 3201 Thirty-fourth Street South P O. Box 14042.St Petersburg, Florida 33733 813-866 5151 80032703 6 7
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Florida Power January 4, 1980 c "" a " "o =
In re: Docket tio. 50-302 Mr. Jerome Saltzman, Chief Antitrust and Indemnity Group Office of tiucicar Reactor Regulation j
United States !!ucicar Regulatory ConmissLon l
Washington, D. C.
20555
Dear tir. Saltzman:
l In order to update Florida Power Corporation's utilization of alternative (c) to satisfy the requirements of Section 140.21 of 10 CFR Part 140 for 1979, we are encioning our 1979 Internal Cash 1
Flow Projection for Crystal River Unit 3 Nuclear Power Station.
4 Our Internal Cash Flow ProJcction was prepared in accordance with j
the suggested format outlined in the U. S. t1ucicar I:cgulatory i
Commission Regulatory Culde 9.4 dated September 1978.
}
We apologize for the delay in :>rovidinr, thin ;;uarantec of payment of deferred premiums. This delay resulted f rom our 2
belief that the requ u. ment for 1979 had been satisfied based on our letter dated May 25, 1979 (attacheil).
l Af ter yoti review this information, we would alipreciate youradvising us if we continue to satisf y the requirements of I'
Section 140.21.
l If you have any questions concernine, this informatian, picase call me at (813) 866-4582.
V,e
- ruly yours.
l. L - Q g 1 L
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J G.
I.oad e r
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i Treasurer JCL:l'AS :mt 3
Enclosures y
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i Gonoral Of f en '1?n t th..tv tn...o.ii ces %..ri.. n o n,. t 4n.s.' te e. r e t..": f i" ~..
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FLORIDA POWig_CORPORAr!ON 1979 Internal Cash Flow Projection for Crystal River Unit 3 Nucicar Power Station (Dollars in Thousands)
Year Ended Year Ended i
December 31, 1978 December 31, 197o l
Actual Projected -
Net Incomo After Taxes
$ 81,491
$ 72,300 Less Dividends Paid
( 50,045)
( 54,100)
Retained Earnings S 31,446
$ 18,200 a
Adjustments:
{
Depreciation and Amortization S 64,579
$ 73,300 Deferred income Taxes and Investment Tax Credits 29,290 34,900 Allowance for Funds Used During Construction
(
950)
(
1,656)
Total Adjustments S 92,919 S106,544 Internal Cash Flow S124,365
$124,744 Average Quarterly Cash Flow
$ 31,091
$ 31,186 Percentage Ownership in Crystal River Unit 3 100%*
tiaximum Total Contingent 4
i Liability 500,000
- Florida Pcwcr Corporation is the principal licensee as owner of i
90% of the unit. The Company is the exclusive operating agent for the owner-licensees of the remaining 10% of the unit.
This certified cash flow statement is made as of June 20, 1979, the anniversary date of the Crystal River Unit 3 indemnity agreement with the NRC. This statement covers all of the owners of this unit.
I hereby certify the above to be correct and accurato.
4 3
Dated: January 4, 1980 J. G. l.cader Treasurer 3
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Florida P. O...W..o...r.
C.W. McKee, Jr.
sea.o v.c. e.u o.n' May 25, 1979 r.nees ser cn I
?!r. Jerome Saltzman, Chief Antitrust and Indemnity Group
!uclear Reactor Regulation U. S. Nuc1 car Regulatory Commission Washington, D. C. 20555
Dear 1-Ir. Saltzman:
L lic were pleased to roccive your letter in which you indicate that the Information which we provided meets the requirencnts of Section 140.21 of 10 CFR Part 140 that cach licensco main-tain an approved guarantee of payment of deferred premiums for cach operating reactor over 100 MW(c).
Unicss I hear from you te the contrary, I will assume that you require no additional information prior to early June of 1980.
.lle appreciate your assistance in this matter.
i Sincercly, h & kchA C. W. McKee, Jr(.,/
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.9) p 3201 Thirty fourth Street South P.0 Box 14042,St. Petersburg, Florida 33133 8'3 856 4580
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