ML19326C662
| ML19326C662 | |
| Person / Time | |
|---|---|
| Site: | Arkansas Nuclear  |
| Issue date: | 09/28/1978 |
| From: | David Williams ARKANSAS POWER & LIGHT CO. |
| To: | |
| References | |
| 1-098-12, 1-98-12, B-65-A-07, B-65-A-7, NUDOCS 8004250480 | |
| Download: ML19326C662 (4) | |
Text
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REGULATORY INFORMATION DISTRIBUTION SYSTEM (RIDS)
DISTRIEUTION FOR INCOMING MA TERI AL 5(:
368 iWt clALTZMAT1 J ORG: WILLIAMG D H DOCDATE: 09/29/78 TW C AN PWR f< LIGHT DATE RCVD: 10/06/7:
M - TYIE LETTER tiOTARIZCO: NO COPIES RECEIVED
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LTR 1 ENCL 40 FU. AlnF0ING SIGNCD COPY OF AMEND NO 7 TO INDENNITY AOREDIENT NO D-6%
f tEl.U!)ING NEli AMENDED " ARTICLE VIII" (AS LISTED) DETWEEN APPLICANT AND THE
- r. rum IC EN:-ROY COMMISS ION.
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ARKANSAS POWER & LIGHT COMPANY POST OFFICE BOX 551 UTTLE ROCK. ARKANSAS 72203 (501) 371-4000 September 29, 1978 2-098-18 M
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M Mr. Jerome Saltzman, Chief Antitrust & Indemnity Group
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Nuclear Reactor Regulation Uln
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Washington, D.C.
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Subject:
Arkansas Nuclear One-Units 1 & 2 d 5
.o Docket Nos. 50-313 & 50-368 3
License Nos. DPR-51 & NPF-6 Indemnity Agreement No. B-65 (File: 0220,2-0220)
Gentlemen:
As requested in your letter of August 14, 1978, please find attached a signed copy of Amendment No. 7 to the Indemnity Agreement No. B-65.
Very truly yours, Daniel H. Williams Manager, Licensing DHW: ERG:jaj Attachment 7 - (,'
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UNITED STATES yw
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Docket Nos. 50-313 50-368 AMENDMENT TO INDEMNITY AGREEMENT NO. B-65 AMENDMENT NO. 7 Effective August 1,1977, 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 by adding a new Article VIII to read as follows:
" ARTICLE V II s
"1.
If the licensee fails to pay assessed deferred 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
___ J financial statements by those licensees who indicate, after_an assessment of the retrospective premium by the insurance
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pools, that they will not pay the assessment.
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.
J "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
~i 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 re' ase of any such
-.d lien if it finds that the liability for tria amount has been fully satisfied or has become legally unenforceable.
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"4.
If the Commission determines that-the licensee is financially I
able to reimburse the Commi.ssion for a deferred premium payment made in its behalf, and the licensee, after notice of such determination by the Commission 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 j
to, termination of the operating license."
FOR THE UNITED STATES NUCLEAR REGULATORY COMMISSION 3
.Jerome Saltzman, Chief
'. Antitrust and Indemnity Group Office of Nuclear Reactor Regulation
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