ML20031E484

Forwards Request for Financial Info Per Commission 810321 Order (CLI-81-3) to Monitor Licensee Financial Resources. Requirement Will Remain in Effect Until Modified by NRC or Canceled by Commission

ML20031E484
Person / Time
Site:	Crane
Issue date:	10/05/1981
From:	Stolz J Office of Nuclear Reactor Regulation
To:	Hukill H METROPOLITAN EDISON CO.
References
CLI-81-3, NUDOCS 8110150609
Download: ML20031E484 (3)

Text

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OCTOBER 0 5 1981 f

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DISTRIBUTIO!1:

f4 SIC JStolz JPeterson Docket File ORB #4 Rdg HSilver DSwanson f4RC PDR DEisenhut 0 ELD JSaltzman L PDR EHylton AE0D BSnyder TERA RJacobs I E-3 p%

Docket flo. 50-289 ACRS-10 A

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TMI Site Pouch f[

B E.OCTa733 bey

!tr. Ilenry D. liukill, Vice President and Director - THI-l wa lietropolitan Edison Company h,

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P. O. Box 480 g5 ~

Middletown, Pennsylvania 17057 s

Dear fir. Hukill:

By Order dated March 23,1981 (CLI-81-3), the Comission removed the financial qualifications issue from review and litigation in the Ti!I-l restart proceeding. At the sama time it directed the flRC staff "to continue to nonitor the licensee's financial resources as long as is necessary and to report any health and safety implications to the Comission".

(page9.)

We have been continuously monitoring GPU's financial situation using information providad by GPU and by independent financial reporting services and other sources.

In order to continue nonitoring GPU's financial situation, it is requested that the financial information identified in the enclosure be provided to the staff as an on-going requirement. This requirenent will remain in effect until modified by the staff or modi-fled or cancelled by the Comission.

Sincerely, 8021GII:AL SIG: FED BY JCird F. STOW John F. Stolz, Chief r

Operating Reactors Branch f4 Division of Licensing Encicsure:

Request for Financial l

Information cc w/ enclosure:

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Metropolitan Edison Company cc w/ enclosure (s):

Mr. Marvin I. Lewis Dr. Walter H. Jordan 6504 Bradford Terrace 881 W. Outer Drive Philadelphia, Pennsylvania 19149 Oak Ridge, Tennessee 37830 Walter W. Cohen, Consumer Advocate Dr. Linda W. Little Department of Justice 5000' Hermitage Drive Strawberry Square,14th Floor Ralet'gh, North Carolina 27612 Harrisburg, Pennsylvania 17127 tis. Gail P. Bradford Mr. R. J. Toole Anti-Nuclear Group Representing Manager, THI-l York tietropolitan Edison Company 245 W. Philadelphia Street P. O. Box 480 York, Pennsylvania 17404 Middletown, Pennsylvania 17057 John Levin. Esq.

Pennsylvania Public Utilities Comm.

John E. Minnich, Chairman Box 3265 Dauphin Co. Board of Comissioners Harrisburg, Pennsylvania 17120 Dauphin County Courthouse Front and Market Streets Jordan D. Cunningham, Esq.

H,arrisburg, Pennsylvania 17101 Fox, Farr and Cunningham 2320 North 2nd Street

• Atomic Safety and Licensing Appeal Board Harrisburg, Pennsylvania 17110 U.S. Nuclear Regulatory Commission Washington, D. C.

20555 Ms. Louise Bradford TMIA

• Atomic Safety and Licensing Board Panel 1011 Green Street U.S. Nuclear Regulatory Commission Harrisburg, Pennsylvania 17102 Washington, D. C.

20555 Ms. Marjorie M. Aamodt

• Docketing and Service Section R.D. #5 4

i U.S. Nuclear Regulatory Commission Coatesville, Pennsylvania 19320 Washington, D. C.

20555 Robert Q. Pollard The Patriot 609 Montpelier Street 812 flarket Street Baltimore, Maryland 21218 Harrisburg, Pennsylvania 17105 i

Chauncey Kepford Earl B. Hoffman Judith H. Johnsrud Dauphin County Commissioner j

Environmental Coalition on Nuclear Power Dauphin County Courthouse 433 Orlando Avenue Front and Market Streets l

State College, Pennsylvania 16801 Harrisburg, Pennsylvania 17101 Ms. Ellen R. Weiss, Esq.

i Sheldon, Harmon & Weiss 1725 I Street, N.W.

Suite 506 l

Washington, D. C.

20006 I

J. B. Lieberman, Esq.

Mr. Steven C. Sholly I

Berlock, Israel & Liberman IInion of Concerned Scientists 26 Broadway 1725 I Street, N. W., Seite 601 New York, NY 10004 Washington, DC 20006 i

O Metropolitan Edison Company General Counsel Federal Emergency Management Agency i

Mr. Thomas Gerusky ATTN:

Docket Clerk Bureau of Radiation Protection 1725 I Street,.NW Department of Environmental Resources Washington, DC 20472 P. O. Box 2063 Harrisburg, Pennsylvania 17120 Karin W. Carter, Esq.

505 Executive House

'P. O. Box 2357 Professor Gary L. !!ilhollin Harrisburg, Pennsylvania 17120 i

1815 Jefferson Street Madison, L'isconsin 53711 York College of Pennsylvania Country Club Road York, Pennsylvania 17405 G. F. Trowbridge, Esq.

Dauphin County Office Emergency Shaw, Pittman, Potts & Trowbridge Preparedness 1800 M Street, N.W.

Court House, Room 7 l

Washington, D. C.

20036 Front & Market Streets Harrisburg, Pennsylvania 17101 Mr. E. G. Wallace Licensing Manager Department of Environmental Resources GPU Service Corporation ATTN:

Director, Office of Radiological 100 Interpace Parkway Health Parsippany, New Jersey 07054 P. O. Bcx 2063 Harrisburg, Pennsylvania 17105 William S. Jordan, III, Esq.

15. Lennie Prough Harmon & Weiss U. S. fl. R. C. - TMI Site 1725 I Street, NY, Suite 506 p, o, gox 311 Washington, DC 20006 Middletown, Pennsylvania 17057 Ms. Virginia Southard, Chairman Citizens for a Safe Environment 264 Walton Street Lemoyne, Pennsylvania 17043 Mr. Robert B. Borsum Babcock & Wilcox Government Publications Section

. Nuclear Power Generation Division State Library of Pennsylvania Suite 420, 7735 Old Georgetown Road Box 1601 (Education Building)

Bethesda, Maryland 20014 Harrisburg, Pennsylvania 17126

• Ivan W. Smith, Esq.

Mr. David D. Maxwell, Chairman Atomic Safety & Licensing Board Panel Board of Supervisors U.S. Nuclear Regulatory Commission Londonderry Township Washington, D. C.

20555 i

RFD#1 - Geyers Church Raod Middletown, Pennsylvania 17057 Mr. C. W. Smyth Supervisor of Licensing TMI-1 Metropolitan Edison Company P. O. Box 480 Regional Radiation Representative Middletown, Pennsylvania 17057 EPA Reoion III Curtis Building (Sixth Floor) 6th and Walnut Streets Philadelphia, Dennsylvania 19106 Governor s M ce M Mate N W Mr. Donald R. HaverkamP and Development Senior Resident Inspector (TMI-1)

U.S t.

ATTN:

Coordinator, Pennsylvania State Clearinghouse 3

P. O. Box 1323 -

Middletown, Pennsylvania 17057 Harrisburg, Pennsylvania.17120

1

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Enclosure REQUEST FOR FINANCIAL INFORMATION GENERAL PUBLIC UTILITIES CORPORATION By order dated 11 arch 23,1981 (CLI-81-3), The Nuclear Regulatory Commission removed the financial qualifications issue from review and litigation in the TMI-1 restart proceeding. At the same time it directed the NRC staff "to continue to monitor the licensee's financial resources as long as is necessary and to report any health and safety implications to the Commission." (page 9.) Accordingly, the following is an ongoing requirement for financial information submittals to the NRC staff. This requirement shall continue in effect until modified by the Staff or until modified or cancelled by the Commission.

All required items shall be submitted to the NRC staff within 10 days of their publication or origination.

Scheduled Items:

(Note: Each item is required from,PU and from r

each operating subsidiary) 1.

f!onthly SEC Form 8-K.

2.

Monthly Financial Reports.

3.

Quarterly Financial Reports.

4.

Annual Financial Reports 5.

Annual SEC Form 10-K.

Items as They Occur:

1.

All financial status reports or letters sent to the Pa PUC and the NJBPU.

2.

Copies of all consultant reports on the finances of GPU and/or its subsidiaries regardless of the party for whom the report was prepared.

3.

Public cash forecast dates.

4.

RCA bank letters that affect the terms of the Credit Agreement.

5.

Pa PUC and NJBPU Orders.

6.

Pa and NJ ALJ Recommendations.

7.

Financial testimony by the companies and bv the PUC staffs in upcoming rate cases.

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