ML20059E384

Accepts Cost Estimate Related to Licenses DPR-1,R-33,TR-1 & DPR-10,per Review of Documents Provided Via 931013,1202 & 17 Ltrs in Support of 930831 Request for Decrease in Chemical Bank Ltr of Credit Amend & Trust Agreement Amount

ML20059E384
Person / Time
Site:	Vallecitos, Vallecitos Nuclear Center
Issue date:	12/21/1993
From:	Joseph Austin NRC OFFICE OF NUCLEAR MATERIAL SAFETY & SAFEGUARDS (NMSS)
To:	Schindler W GENERAL ELECTRIC CO.
Shared Package
ML20059E387	List: ML20059E384 ML20059E402 ML20059E414
References
NUDOCS 9401110134
Download: ML20059E384 (3)

Text

{{#Wiki_filter:-_ _ Docket Nos. 50-18, 50-70, b ~ ig 2 I W7 50-73, 50-18.3 Mr. W. H. Schindler, Manager Government Finance General Electric Company 6835 Via Del Oro/ Box 5309:34 San Jose, CA 95153-5354

SUBJECT:

RESPONSE TO FINANCIAL ASSURANCE SUBMITTALS RELATED TO LICENSES DPR-1, R-33, TR-1, AND DR-10 IN LETTERS DATED AUGUST 31, 1993, t OCTOBER 13, 1993, DECEMBER 2, 1993, AND DECEMBER 17, 1993 In your letter to Mr. Robert M. Bernero of August 31, 1993, you requested the Nuclear Regulatory Commission to sign two copies of the Chemical Bank Letter - of Credit Amendment and Trust Agreement - Schedule A, decreasing the letter of credit amount by the sum of $1,500,000. You requested that the license DPR-1 cost estimate be reduced by $151,000; that license R-33 be reduced by $79,000; that license TR-1 be reduced by $556,000; that license DR-10 be reduced by $296,000; and that the reserve be reduced by $418,000. Dr. Louis Bykoski of my staff discussed your request and it was agreed that you would provide a further explanation for the reduction. i With the receipt of your subsequent letters of October 13, 1993, December 2, 1993, and December 17, 1993, which contained more detail with regard to volumes of waste, costs, and further explanation for the reduction request, my staff has reviewed the documents and find the cost estimate acceptable. Please find enclosed two signed copies of the amendment and Trust Agreement - Schedule A that you included in your letter of August 31, 1993. Sincerely, [ Original signed by] John H. Austin, Chief Decommissioning and Regulatory Issues Branch ~0 000'i3 Division of tow-level waste Management and Decommissioning (Ticket L-146) DISTRIBUTION: Central File NMSS r/f JGreeves PLohaus MBell LLWM r LLWM t/f i a.'.JHolonichB S M EBoxis[iniConcs WendeTB16c/fkEth? Defi nsi Di stFi buff on TC6isj@F in kmall" Box ^on "0FCI"~1ine' place h1~~C'= Couer' E^=" Cover L' Enclosure ~ 1 No Copy 'N ~ EOS h 0FC : LLp LLDR 6 LLDR { (I LLDR [#1BMsNi JCopeland M TCJo'inMn DFutoma JAust N NAME: s T } nu 8 DATE: yk /yt/93 p/'}l/93 // g/p93 Ik/2I/93 w/t* /9[ hy/ g hg Path & File Name:s:\\llwmtype\\cecilia\\50-18. lmb 0FFICIAL RECORD COPY N " In small Box on "DATE:" line place a: M = E-Mail Distribution Copy H = Hard Copy F g // ,J ec ( PDR : YES X NO Category: Proprietary or CF Only y/ 1 ACNW: YES N0 x Delete file after distribution Yes No IG: YES N0 X { g

l 3 3 2. 1993 General Electric Company Letter dated Vallecitos Boiling Water Reactor ' Docket Nos. 50-18, 50-70, 50-73, 50-183 California Department of Health ATTN: Chief, Environmental Radiation Control Unit Radiologic Health Section 714 P Street, Room 498 Sacramento, CA 95184 Harry C. Burgess, Esq. General Electric Company Nuclear Energy Business Operations 175 Curtner Avenue Mail Code 822 San Jose, CA 95125 Mr. Gary L. Stimmell Manager Mr. G. E. Cunningham Irradiation Processing Production Section Vallecitos Nuclear Center General Electric Company P. O. Box 460 Pleasanton, CA 94566 Mr. John L. Turk 2321 Alva Avenue El Cerrito, CA 94530 The Honorable Ronald V. Dellums ATTN: H. Lee Halterman, Esq. 201 13th Street, Room 105 Oakland, CA 94617 George Edgar, Esq. Thomas A. Schmutz, Esq. Newman and Holtzinger 1615 L Street, N.W. Suite 1000 Washington, D.C. 20036 Charles R. Imbrecht, Chairman California Energy Commission 1516 Ninth Street Sacramento, CA 95814 ATTN: Ms. Gwen Quigg Alameda County Water District 43885 S. Grimmer Boulevard Fremont, CA 94537 U.S. Nuclear Regulatory Commission Regional Administrator, Region V 1450 Maria Lane, Suite 210 Walnut Creek, CA 94596

L d'. ~ ? EMICAL .ne.c H .:yy-L/C NO. u-22H1e C".'""c8' 88"" AMENDriENT t!O - 3 Trace Services Group P,0. Bos 44. Churen Street Station New York. N Y 10008 Cable Address: Chemcal New York Advising Bank APPLICANT- ..a..... DIRECT *********-~~ CENERAL ELECTRIC CD EXPORT SALES 4 E SERVICEE DIV., COMMERCIAL A/C 570 LEXINGTON AVENUE NEW YORK N.Y. 10022 Beneficiary U.S. NUCLEAR REGULATORY COMMISSION, WASHINCTON, D.C. 20555 IN ACCORDANCE WITH IMSTRUCTIONE RECEIVED, THE ADOVE-REFERENCED LETTER OF CREDIT HAS BEEN AMENDED AS FOLLOWS: LETTER OF CREDIT AMOUNT IS DECREASED BY THE SUM OF $1,500,009.00. THE AGGRECATE AMOUNT AVAILABLE UNDER THIS LETTER OF CREDIT SHALL NOT EXCEED USD 36,S00,000.00. EXPIRATION DATE EXTENDED TO MARCH 23, i994 IN ACCORDANCE WITH THE TERMS AND COf!DITIONS OF THIS LETTER OF CREDIT. oLEASE CONFIRM YOUR CONSENT TO THIS AMENDMENT BY SIGNING THE i (TTACHED COPY OF THIS AMENDMENT AND RETURNING IT TO THE ATTENTION j .J THE STANDBY LETTER OF CREDIT DEPARTMENT, ROOM 1709, 55 WATER STREET OR ADVISE US ALTERNATIVELY A'.L OTHER TERMS AND CONDITIONS OF THE CREDIT REMAIN UNCHANGED. l j CONSENT BY flRC DATE W 2 %/ff3 AL/At / ~ SIGNATIJRE ~ ~ \\ \\ f /,8 1 J ~**# \\ G-220416- -012-A1-01-02-Oi 'ro7kdons applicable to this credit ~ i - m v.

August 31,1993 Mr. Robert M. Bernero, Director Office of Nuclear Material Safety and Safeguards U. S. Nuclear Regulatory Commission One White Flint North building 11555 Rockville Pike Rockville, Maryland 20852

Subject:

CHEMICAL BANKLEITER OFCREDIT Reference. Letter dated March 22,1993; W. H. Schindler, GE Company addressed to R. M. Bernero, NFC With the above referenced letter, GE transmitted to the NRC the extension to the letter of credit for decommissioning requirements. Since the letter of credit amount was decreased by the sum of $1,500,000 from that amendment number 2, the bank requires your consent. "PLEASE CONFIRM YOUR CONSENT TO THIS AMENDMENT BY SIGNING THE ATTACHED COPY OF THIS AMENDhENT AND RETURNING ITTO ~IllE ATIENTION OF THE STANDBY LETTER OF CREDIT DEPARTMENT, ROOM 1708,55 WATER STREET OR ADVISE US ALTERNATIVELY." I have contact < 4 - NRC several times conceming this matter. It appears that the original submie s. en misplaced at the NRC. Your staff has suggested that I send another copy anu tb ; aur consent would be forthcoming. Attached are two copies of the previous submission, please provide the NRC's consent and return one copy in each of the enclosed envelopes. l If you have any questions, please give me a call. W. H. Schindler, Manager Government Finance Attachment 4 /h Y

.7 GE iducice.- Energ5 March 22, 1993 Mr. Robert M. Bernero Director Office of Nuclear Material Safety and Safeguards U.S. Nuclear Regulatory Commission One White Flint North Bldg. 11555 Rockville Pike Rockville, Maryland 20852 I

Subject:

CHE"ICAL BANK LETTER OF CREDIT l Attached is the General Electric's March 17, 1993 Chemical Bank Letter of I Credit and Trust Agreement-Schedule A. The amount is $36.8 million with an expiration date of March 23, 1994. Very truly yours, j d / \\ W.H. Schindler, Manager Government Finance Attachment I t 1 1 1 r-[j [6CD-{-f p y

GENERAL ELECTRIC COMPANY TRUST AGREEMENT SCHEDULE ($ IN THOUSANDS) L'.S. NUCLEAR REGULATORY COST ESTINATES FOR REGULATORY ASSURANCE CONNISSION NANE AND ADDRESS ADDRESS OF LICENSED DENONSTRATED BY THIS r LICENSE NUMBER OF LICENSEE ACTIVITY AGREEMENT DPR-1 GENERAL ELECTRIC C0; GE NUCLEAR ENERGY; $ 7 100 GE NUCLEAR ENERGY; VALLECITOS NUCLEAR 175 CURTNER AVENUE: CENTER; 6705 SAN JOSE, CALIFORNIA VALLECITOS ROAD 95125 PLFASANTON, CALIFORNIA 94566 R-33 800 TR-1 13 400 DR-10 10 600 SNN-960 750 SNN-1097 GE NUCLEAR ENERGY 750 CASTLE HAYNE ROAD WILMINGTON, NORTH CAROLINA 28401 3400054-04 GE LIGHTING GE LIGHTING 750 1975 NOBLE ROAD 1975 NOBLE ROAD CLEVELAND, OH 44112 CLEVELAND, OH 44112 4 5 3400054-05 750 SNB-191 750 STB-53 GE AIRCRAFT ENGINE GE AIRCRAFT ENGINE 750 1 JINSON ROAD 1 JINSON ROAD CINCINNATI, OH 45215 CINCINNATI, DH 45215 SCHEDULE A PAGE 1 0F 2 i i I l

GENERAL ELECTRIC CONPANY TRUST AGREEMENT SCHEDULE ($ IN THOUSANDS) l U.S. NUCLEAR REGULATORY COST ESTIMATES FOR REGULATORY ASSURANCE l COMMISSION NAME AND ADDRESS ADDRESS OF LICENSED DEMONSTRATED BY THIS LICENSE NUMBER OF LICENSEE ACTIVITY AGREENENT SUB-831 GENERAL ELECTRIC GE AEROSPACE 124 GE AEROSPACE 3198 CHESTNUT STREET P.O. BOX 8553 401 E. HUNTING PARK AVE. PHILADELPHIA, PA 19101 PHILADELPHIA, PA 130 GODDARD BLVD, 970 PULASKI ROAD, 780 VANDENBURT ROAD, KING OF PRUSSIA. PA & AT TEMPORARY JOB SITES OF THE LICENSES ANYWHERE IN THE US 37-02006-09 GE AEROSPACE GE AEROSPACE 123 P.O. BOX 8555 780 THIRD AVENUE PHILADELPHIA, PA 19101 KING OF PRUSSIA, PA 37-02006-05 SPACE SYSTEMS DIVISIDS GE SPACE SYSTEMS DIVISION 123 P.O. BOX 8555 VALLEY FORGE SPACE CENTER i PHILADELPHIA, PA 19101 VALLEY FORGE, PA RESERVE 30 i i TOTAL 136_ ADD 4 / \\ SCHEDULE A PAGE 2 0F 2 l 1 e v-m--m e e, --v-m------ m-e ,-<-----,.,----.,---,,--e -.}}