ML19329D629

Forwards Maelu Binder XB-35

ML19329D629
Person / Time
Site:	Crystal River
Issue date:	08/08/1977
From:	Papolos F FLORIDA POWER CORP.
To:	Satlzman J Office of Nuclear Reactor Regulation
References
NUDOCS 8003160252
Download: ML19329D629 (10)

Text

I NRC FC::M 195

's U.s. NUCLEAR REGULATODY COM"*SSION COCKET NUM CE R (2-761 50-362.

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NRC DISTRIBUTION FOR PART 50 DOCKET MATERIAL INSURANCE

TO:

FROM:

CATE OF OCCUMENT Florida Power Corp.

8/8/77 Mr. Jerome Saltzman St. Petersburg, Fla.

cATE RECEivEo 8/15/77 Frederick A. Papolos AETran dNOTC RIZE O j PROP INPUT FORM NUMBER OF CCPf ES RECEIVEC EtrRIGIN AL UUNC LAS$1FIE D QCCPv

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.I OESCRIPTION ENCLOSU RE g

MAELU binder (Binder XB 35) indicating that i

applicant has SECONDARY FINANCIAL PROTECTION as required by the recent Change in the PRICE ANDERSON ACT....

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Mr. Jerome Saltzman, Chief Antitrust & Indemnity Group Nuclear Reactor Regulation U. S. Nuclear Regulatory Commission Washington, D. C.

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Subject:

Crystal River Unit #3 Docket No. 50-302 Operating License DPR-72

Dear Mr. Saltzman:

We are enclosing herewithin two certified copies of MAELU binder (Binder XB-35) indicating that we have SECONMRY FINANCIAL PROTECTION as required by the recent change in the PRICE ANDERSON ACT.

Please contact me if you have any questions in this matter.

Very truly yours, Frederick A. Papolos Manager Risk Management FAP/sr Enclosures cc:

Mr. J. T. Rodgers w/Att.

Mr. E. C. Simpson w/Att.

MM@7 M -

General Office 3201 Thirty-fourtn street soutn. P O Box 14042. St Petersourg, Fronda 33733 813 - 866-5151

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BINDER, INCLUDING BINDER NO. XB-35 DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS BINDER The members of Mutual Atomic Energy Liability Underwriters, hereinafter called the " companies", subscribing this binder, each for itself, severally and not jointly, and in the respective proportions set forth herein, and the insureds named in Item 1 of the Declarations below, agree as follows:

A.

The companies hereby bind insurance to the insureds named in Item 1 of the Declarations in accordance with the provisions of the Draft Master Policy. All rights and obligations of the parties to this binder are set forth in the provisions of the Draft Master Policy, as it may be amended from time to time pursuant to its conditions or paragraph B below.

B.

The term " Draft Master Policy" means the draf t of the MASTER POLICY --

NUCLEAR ENERGY LIABILITY POLICY (SECONDARY FINANCIAL PROTECTION) dated June 24, 1977 in the custody of the Nuclear Regulatory Commission, a copy of which is attached hereto, and includes all binders issued by the companies in connection with such D_raf t Master Policy _.

Tiie Master Policy, as subsequently issued by the companies, shall cancel and replace this binder and the Draft Master Polig effective as of August 1,1977.

C.

Such insurance as is provided by the Draft Master Policy applies, through this binder, only:

T' his is to certify (1) to the insureds identified in Items 1 and 2 of the Declarations that this is a true

below, copy'of the original (2) to bodily injury or property damage binder, bearing the 1

number designated (a) with respect to which the primary financial protection hereon, for insur-described in Item 4 below would apply but for exhaustion ance coverage un-of its limit of liability and der the DRAFT (b) which is caused during the binder period stated in Item MASTER POLICY-8 below by. the radioactive, toxic, explosive or other NUCLEAR ENERGY hazardous properties of nuclear material and LIABILITY POLICY

'(Secondary Finan-(c) which is discovered and for which written claim is made cial Protection) against the insured not later than ten years after the dated June 24, 1977.

end of such binder period; provided, however, that with No insurance is af-respect to bodily injury or property damage _ caused by an

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forded by this copy.

extraordinarv nuclear occurrence this subparagraph (c) shall not operate to bar coverage for bodily injug or lj/'/[CF /j/.1/[-R ' j/,,

prop,erty damage which is discovered and for which written

,j claim is made. gainst the insured not later than twenty Ambrose B. -. Kelly?,

years af ter the date of the extraordinary nuclear occurrence.

Manager-Mutual' Atomic _ Energy

Liability Under-writus -

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DECLARATIONS Item 1.

Named insureds and addresses:

(a)

Florida' Power Corporation - P.O. Box 14042, St. Petersburg, FL 33733

-(b) Seminole Electric Cooperative, Inc.-2410 Busch Blvd., Suite 129, Tampa, FL 33617 (c)' Orlando Utilities Commission and City of Orlando-Orlando Utilities Commission 500 South Orange Ave., P.O. Box 3193, Orlando, FL 32802 (d) City of Gainesville, Florida-Gainesville-Alachua County Region Electric, Water

& Sewer Utilities _ Board, City Hall 200 East Univ. Ave., Gainesville, FL 32602 (e) City of Ocala-0cala Utilities Division, P.O. Box 1270, Ocala, FL 32670 (f) City of Tallahassee-Tallahassee Electric Department, 2602 Jackson Bluff Road, Tallahassee, FL 32304 (g) City of Leesburg, Florida-Leesburg Municipal Electric Light Department, P.O. Box 630, 223 South 5th Street, Leesburg, FL 32748 (h) City of Kissimmee, Florida, A Municipal Corporation-Kissimmee Utilities, P.O. Box 340, Kissimmee, FL 32741 (i) City of New Smyrna Beach, Florida.and Utilities Commission City of New Smyrna Beach, Florida-New Smyrna Beach Utilities Commission, P.O. Box 519, 120 Sams Ave., New Smyrna Beach, FL 32069 (j) Sebring Utilities Commission-213 South Commerce Street, Sebring, FL 33870 (k) City of Alachua, Florida-Alachua Electric Department, P.O. Box 8, Alachua, FL 32616 (1) The-City of Buchnell-Buch'nell Electric Light, Water & Power Department, P.O. Box 115, Bushnell, FL 33513 Item 2.

Additional insureds:

Any other person or organization who would be covered under g_rimary financial protection described in Item 4 of this binder but for exhaustion of the limit of liability of such primary financial protection.

. Item 3.

Description-and location of the nuclear reactor:

Unit 3 of the Crystal River Nuclear Generating Plant located in Citrus County, Florida item 4.

Identification of primary financial protection applicable to the nuclear reactor and limit of liability thereof:

Nuclear Energy Liability Insurance Association Policy NF-195-$108,500,000 Mutual Atomic Energy Liability 'Inderwriters Policy MF-91-$ 31,500,000 Do other nuclear reactors share the limit of liability provided under the primary financial protection?

No Item 5.

Maximum retrospective premium (exclusive of allowance for prenium taxes) payable to the companies under the Draf t Master Poli;cy_ with respect to each nuclear incident:

$1,125,000.

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Portion of the annual premium payable for the companies' contingent liability described in Condition 4 of the Draft Master Policy from the effective date hereof to the end of calendar year 1977:

$565.65.

Item 7.

Limits of liability:

See Item 3 of the Declarations of the Draft

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Master Policy.

Item 8.

Binder period:

Beginning on the first day of August,1977, and continuing to the effective date and time of cancelation or termina-tion of the Draft Master Policy or this binder, whichever first occurs, eastern standard time.

BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Draft Master Policy described in the above Binder and Declarations.

The named insureds do hereby covenant with and are held and are firmly bound to the subscribing members of Mutual Atomic Energy Liability Underwriters (hereinafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become-due and payable in accordance with the terms of the Draf t Master Policy with interest on such premiums and allowances for taxes to be cceputed at the rate provided in the Draf t Master Policy from the date payment thereof is specified to be due the companies in a written notice to the named insured, as provided in Condition 1 of the Draft Master Policy until paid.

And it is hereby expressly agreed that copies of written notices of retrospective premiums and allowances for premium taxes due and payable or other evidence of such amounts.due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts.

And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or rature.(including but not limited to interest, court costs and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond or (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Draft Master-Policy relating to such covenants or provisions.

For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.

THE AB0VE BINDER, DECLARATIONS AND BOND FORM A PART OF THE DRAFT MASTER POLICY.

CANCELATION OR TERMINATION OF THE DRAFT MASTER POLICY OR THE BINDER SHALL N AFFECT THE OBLIGATIONS OF THE NAMED INSUREDS UNDER Tile DRAFT MASTER POLICY O THE BOND TO PAY THE RETROSPECTIVE PREM1UMS AND ALLOWANCES.FOR PREMIUM TAXES WITH-RESPECT TO ANY BODILY INJURY OR PROPERTY DAMAGE WHICH IS CAUSED DURING THE BINDER PERIOD.

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'Irl WITtlESS WHERE0F, the named insureds Mve caused this Binder, these Declara-tions and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977, eastern standard time.

' Attest or Witness flamed Insureds:

Florida Power Corporation (tiamed Insured - Type or R int)

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(Signature of ~0fficer) L

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C. W. McKee, Jr.

6 Cenior_JLica_P_ resident - Financial Servic (Type or Print flame &~ Title of Officer)

Date:

July 25, 1977 Seminole Electric Cooperative, Inc.

(tlamed Insured - Type or Print)

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Harry W. Wright Executive Vice President (Type or Print fiame & Title of Officer)

.Date:

.Tulv 29. 1977 Orlando Utilities Commission and City of Orlando

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(flamed Jnsured - Type or Print) y

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Assistant Secretary

.S1."StaOton 0

becutive Vice President (Type or Print flame & Title of Officer)

Date:

July 26, 1977

_Ci_ty of Gainesville, Florida (flamed Insured - Type Print)

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(SEA ler f'the Commission (Signature of Of ficer) i Mayor-Commissioner (Type or Print flame & Title of Of ficer)

Date: Ju)y_29,_1977

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City of Ocala (flamed Insured-Type or Print)

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(Type or Prf'nt Name & Titd of Officer)

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City of Tallahassee (flamed Insured-Type or Print) f/

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Ben W.

Thompson, J r. Commis sione r-Ma:

(Type or Print Name & Title of Of ficer)

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July 27, 1977 City of Leesburg, Florida (fir _

Insured-Type or Print) f

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(SEAL) t (Signature of Officer) g//4Pf/1/ / $4/D Elvfu CGV, (Type or Print Name & Title of Officer)

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$$ ff77 Ci of Kissimmee, Florida A Municipal Corporation (flamed Insured-Type

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(5EAL) f (Signature of Officer)

City tAanager - City of Kissimmee (Type or Print flame & Title of Of ficer)

Date:

July 25, i977

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tlamed Insureds: City of flew Smyrna Beach, Florida and Utilities Commission City of flew Smyrna Beach, Florida (flamed Insured-Type or Print)

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(Signature of Officer)

B. W. Wait, III - Director of Utilitie s (Type or Print flame & Title of Of ficer) _

Date:

July 26,1977 Sebring Utilities Commission (flamed Insured-Type or Print) ho

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(Signature [0fficer)

Eldridge Pollard, Chairman i

(Type or Print flame & Title of Officer) i Date:

July 25, 1977 City of Alachua, Florida-j

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(flamed Insured-Type or Print) r A.O -

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(Signature of Officer)

AMydC--canttr.i i sc y n,de:2 (Type or Print flame & Title of Officer)

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Date:

7-24-79 The City of Bushnell

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(flamed Insured-Type or Print)

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Howard G. Beville, Mayor

'(Type or Print flame & Title of Officer) uiste:

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(Page 7 of. 7 Pages)

Iff WITf1ESS WHERE0F, the subscribing companies have caused the Binder and the Declarations to be signed on their behalf by the Manager of Mutual

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Atomic Energy ~ Liability Underwriters, to be effective August 1,1977,

' eastern standard time, and countersigned below by a duly authorized representative.

Attest or Witness For the Subscribing Companies of Mutual ' Atomic Energy Liability Undenvri ters

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Ambrose Kelly, nager Countersigned by (Authorized Representativa) b i

SUBSCRIBIflG COMPANIES PROP 0RTI0ft OF 1007, American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 EmployersMutual Liability Insurance Company, Wausau, Wisc.

15.0000000 Liberty Mutual Insurance Company, Boston, MA 45.0000000 LumbermansMutual Casualty Company, Long Grove, Illinois 15.0000000-Michigan. Mutual Liability Company, Detroit, Michigan 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, Wisc.

5.0000000 y

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