ML20070U715

Submits Decommissioning Rept,Per 10CFR50.33(k)(2),in Response to T Michaels .Assets W/Listed Market Value Deposited in Bank of New York in Mar 1991

ML20070U715
Person / Time
Site:	Rensselaer Polytechnic Institute
Issue date:	04/03/1991
From:	Lawler P RENSSELAER POLYTECHNIC INSTITUTE, TROY, NY
To:	NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
NUDOCS 9104090285
Download: ML20070U715 (2)

Text

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Rensselaer Vee President f,u Founcv April 3, 1991 i

Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555 Your Docket No. 50-225 RE:

DECOMMISSIOi+ m REPORT, SUBMITTED PURSUANT

.. (2) FOR RENSSELAER POLYTECHNIC TO 10 CPR 50.30 INSTITUTE CRITICAL FACILITY

Dear Sir / Madam:

This is a response to the February 12, 1991 enclosed communication from Theodore S. Michaels.

Through establishment of a prepaid custodial account, Rensselaer Polytechnic Institute has provided the required assurance that funds will be available to decommission its research reactor.

Assets with a market value of $50,000 were deposited in March,'1991 as follows:

Rensselaer Polytechnic Institute Decommissioning Fund-Research Reactor Account #812939 The Bank of New York -

Attn:

Christopher V. Smith Vice President Master Trust / Master Custody 7th Floor One Wall Street New York, New York 10286 0

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RE: Decommissioning Report April 3, 1991 Page Two We have estimated an average 5% decommissioning cost inflationary factor, as set forth in the September 13, 1990 report to you from Dr. Robert ilock, Chairman of the Rensselaer Department of Nuclear Engine.2ng and Engineering Physics.

Assets necessary to cover decommissioning cost escalation will be maintained in this amount.

It is our understanding that this report now fulfills the remaining requirements of 10 CPR 50.75.

Sincerely,

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-3; Paul J.

lawler Enclosure cc: Theodore S. Michaels Dr. Robert C.

Block Richard E. Scammell John J.

Buttridge Miriam M. Netter, Esq.

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Docket No. 50-225 February 12, 1991 Mr. Paul J. Lawler, Vice President for finance Rensselaer Polytechnic Institute Troy, New York 12180-3590

SUBJECT:

DECOMMISSIONING REPORT, SUBHlTTED PURSUANT TO 10 CFR 50.33(k)(2)

FOR RENSSEtt,ER POLYTECHN'C INSTITUTE REACTOR CRITICAL FACILITY By letter dated September 13, 1990, you submitted a Decomissioning Report for the reactor-critical f acility pursuant to 10 CFR 50.33(k)(2), which provided information required by 10 CFR 50.75(d). We have reviewed your submittal and find that it is acceptable except for the request for exemption under 10 CFR 50.12 f rom the requirement of providing assurance of availability (ofdecommissionin prepayment, an external sinking fund or a guarantee method.

Encicsed for your ir.formaticn it, a Safet) Evaluction Report, which sets forth th? basis for denying your request f or exemption.

In this enclosure, the Background, Section ll, discusses the General Electric (GE) Company's request for an exemption and how it was resolved in Comission Paper SECY-90-217. The Commission, in SECY-90-217, also assented to the staff's recomendation that "the _ staff intends to treat similar requests in like fashion and does not intend to' reconsult the Commission on staff response to those requests."

Please resubmit yc,ur Decomissioning Report pursuant to 10 CFR 50.75 outlining how you propose to assure the availability of decomissioning funds by either prepayraent, an external sinking f und or a guar 6ntee method such as e surety bond or letter of credit. Also, document how inf16 tion costs are f actored into the assurance of the availability of decommissioning costs.

We request that you subrLit this -informatiun within 60 days of the cate of this letter.

If you have any questions, please feel free to call rue on (301) 492-1102.

Sincerely, S. l Theodore S. Michaels, Senior Project Manage-Non-Power Reactors, Decommissiuning and Environmental Project Directorate Division of Advanced Reactors and Special Projects Office of N clear Reactor Regulation

Enclosure:

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