ML20076L325
| ML20076L325 | |
| Person / Time | |
|---|---|
| Site: | Fort Calhoun  |
| Issue date: | 07/06/1983 |
| From: | William Jones OMAHA PUBLIC POWER DISTRICT |
| To: | Harold Denton Office of Nuclear Reactor Regulation |
| References | |
| LIC-83-167, NUDOCS 8307190125 | |
| Download: ML20076L325 (3) | |
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Omaha Public Power District 1623 Harney Omaha, Nebraska 68102 402/536 4000 July 6, 1983 LIC-83-167 Mr. Harold R. Denton Director of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, D.C.
20555
Reference:
Docket No. 50-285
Dear Mr. Denton:
Guarantee for Payment of Deferred Retrospective Premiums Please find attached the Omaha Public Power District's 1983/1984 State-ment of Cash Flow from Operations.
This document is filed as the guarantee for payment of deferred retropsective premiums in accordance with Section 140.21 of 10CFR Part 140. The guarantee is for the period June 30, 1983, to June 30, 1984.
Sincerely, Q S &
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W. C. Jones Division Manager Production Operations l
WCJ/TLP:jp Attachment cc: Assistant Director of State
& Licensee Relations Office of State Programs U.S. Nuclear Regulatory Commission LeBoeuf, Lamb, Leiby & MacRae tir. L. A. Yandell Mr. E. G. Tourigny bN j! ail 728FoISSYBil I/I J
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n't OMAHA PUBLIC POWER DISTRICT (a) 1983/84 STATEMENT OF CASH FLOW FROM OPERATIONS FORT CALHOUN POWER STATION UNIT NO. 1 (Dollars in Thousands)
ACTUAL PROJECTED 12 Months 12 Months Ended 5-31-83 Ended 6-30-84 Operating Revenues
$ 241,103
$ 275,768 Interest Receipts (b) 9,361_
7,753 Total Cash Receipts
$ 250,464
$ 283,521 Less:
Operating Expenses (c) 134,266 160,896 Payments in Lieu of Taxes (c) 7,354 8,311 Funds Available for Debt Service
$ 108,844
$ 114,314 Less:
Debt Service Payments (d) 60,284 60,209 Funds Available for Other Valid Corporate Purposes (e)
$ 48,560
$ 54,105 Average Quarterly Cash Flow
$ 12,140
$ 13,526 Percentage Ownership - Fort Calhoun Power Station Unit No.1 - 100%
Maximum Total Contingent Liability Annually - $10,000,000 Notes to accompany " Statement of Cash Flow From Operations" (a) The format of this cash flow statement is in accordance with the payment priorities as established by the Bond Resolution 1788.
The payment priority scheduled for funds nealized from operations is as follows:
First Priority: Operation and maintenance expenses and payments in lieu of taxes.
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y Second Priority:
Debt service (principal and interest) on all outstanding bonds.
Third Priority: All other valid corporate purposes. These purposes would include construction, nuclear fuel, working capital, and any other use of the funds to provide for an on-going utility business. The payment of any funds for the NRC guarantee would fall into the third priority.
(b)
Interest collections have been nonnalized to reflect only the types of interest collections from normal on-going funds and do not reflect any interest collections made from special construction funds.
(c) Operating and Maintenance Expenses and Payments in Lieu of Taxes have first priority on the use of funds derived from operating revenues.
(d) Debt Service Payments have second priority on the use of funds cerived from operating revenues.
(e) These funds represent the internal cash flow available for all other corporate purposes and have third priority on funds derived from operating revenues.
Supplementary General Statements:
The following statements are offered to explain some of the District's options and capabilities with respect to its financial management.
The District maintains a working fund balance of approximately $20 million in addition to special construction and restricted funds.
The District's Board of Directors is empowered to establish electric rates.
The State of Nebraska does not have a public utility commission.
. L.
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