ML19326C659

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Forwards Amend 4 to Indemnity Agreement B-65 for Acceptance. Amend Increases Liability Insurance Primary Layer to $140 Million
ML19326C659
Person / Time
Site: Arkansas Nuclear  Entergy icon.png
Issue date: 04/20/1977
From: Saltzman J
Office of Nuclear Reactor Regulation
To: Phillips J
ARKANSAS POWER & LIGHT CO.
References
NUDOCS 8004250477
Download: ML19326C659 (3)


Text

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L UNITED STATES 1

NUCLEAR RECULATORY COMM!sSION Q

o WASHINGTON, D. C. 20555 3

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Docket flos.l.50 50-368 Arkansas Power and Light Company ATTil:

J. D. Phillips Vice President Ninth and Louisiana Streets Little Rock, Arkansas 72203 l

Gentlemen:

We are enclosing herewith an amendment to your indemnity agreement reflecting the changes to 10 CFR Part 140, " Financial Protection Requirements and Indemnity Agreements," effective flay 1,1977.

The amendments to Part 140, a copy of which is also enclosed, give effect to. the increase from $125 million to $140 million in the primary layer of nuclear energy liability insurance provided by Nuclear Energy Liability-Property Insurance Association and flutual Atomic Energy i

Liability Underwriters.

Further, the amendments make certain other changes in the regulations necessitated by enactment of Public Law 94-197.

We would appreciate your indicating your acceptance of the amendment to your indemnity agreement in the space provided and returning one l

. signed copy.

If you have 'any auestions about the foregoing, please let us know.

Sincerely.

N Jerome Saltzman, Chi Antitrust & Indemnity Group Nuclear Reactor Regulation

Enclosures:

1. ' Amendment to Indemnity Agreement i

2.

Amendment to 10 CFR Part 140 l

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Docket Nos. 50-313 50-368 AMENDMENT TO INDEMNITY AGREEMENT NO. B-65 AMENDMENT NO. 4 Effective Indemnity Agreement No. B-65, between

- Arkansas Power & Light Company, and the Atomic Energy Commission, dated November 8,1972, as amended, is hereby further amended as follows:

The amount "$125,000,000" is deleted wherever it appears and the amount "$140,000,000" is substituted therefor.

.The amount "$96,875,000" is deleted wherever it appears and the amount "$108,500,000" is substituted therefor.

The amount "$28,125,000" is deleted wherever it appears and the amount "$31,500,000" is substituted therefor.

Item 2a of the Attachment to the indemnity agreement is deleted in its er.tirety and the following substituted therefor:

Item 2 - Amount of financial protection a.

$1,000,000 (From 12:01 a.m.

November 8,1972, to 12 midnight, May 20, 1974, inclusive)

$110,000,000

.(From 12:01 a.m., May 21, 1974, to 12 midnight March 20, 1975, i

inclusive)

$125,000,000 (From 12:01 a.m., March 21, 1975, to' l

12 midnight, APR 2 01977 inclusive)

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$140,000,000 (From 12:01 a.m., ny i r,77

)

. FOR THE UNITED STATES N'JCLEAR REGULATOR'( COMMISSION

- AllE:10?'ISETZ.YJ.H Jerome Saltzman, Chief Antitrust & Indemnity Group

. Nuclear Reactor. Regulation Accepted

,.1977 v

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.By ARKANSAS POWER & LIGHT COMPANY i

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