ML20073H573

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Provides Required Notification of Change to Facility Leases
ML20073H573
Person / Time
Site: Beaver Valley
Issue date: 09/28/1994
From: George Thomas
DUQUESNE LIGHT CO.
To:
NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
NPDVPS:0089, NPDVPS:89, NUDOCS 9410050308
Download: ML20073H573 (1)


Text

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Beaver Valley Power Station Shippingport. PA 15077-0004 (412) 393-5206 (412) 643-8069 F AX o,$sfoYvIce PIsY[ent September 28, 1994 Nuciear services NPDVPS:0089 Nuclear Power Dmaion U.

S.

Nuclear Regulatory Commission j Attn:

Document Control Desk Washington, DC 20555

Subject:

Beaver Valley Power Station, Unit No. 2 Docket No. 50-412, License No. NPF-73 Amendment of Ohio Edison Company Facility Leases By Amendment No.

1, issued on September 23, 1987, to License No.

NPF-73, the NRC authorized licensees including Ohio Edison Company to enter into sale and leaseback transactions for the Beaver Valley Power Station, Unit No.

2.

As a condition of approval, the Amendment requires prior written notice of any change in, inter alia, the terms or conditions of any lease agreements executed as part of the transactions.

The participants in the sale and leaseback transactions subsequently executed by Ohio Edison are currently preparing to amend the facility leases.

The amendments adjust the Basis Rent and certain schedules (Casualty

values, Special Casualty values, and i

Modified Special Casualty Values) to preserve the owner Participants' net economic return as the result of a change in tax rate.

Such adjustment is permitted under the original transaction documents reviewed by the NRC prior to issuance of License Amendment No.

1.

This letter is being delivered to provide the required notification of the change to the facility leases.

None of the changes to the facility leases affects operation of the

plant, prevents or impairs compliance with NRC requirements, or otherwise adversely affects any NRC regulated activity.

If you have any questions, please call David Lewis at (202) 663-8474.

Sincerely, d' M s

eor e S. Thomas cc:

Mr. L. W.

Rossbach, Sr. Resident Inspector Mr. T. T. Martin, NRC Region I Administrator Mr.

G.

E.

Edison, Sr. Project Manager 9410050bo8 94092a j'

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