ML20101S994
| ML20101S994 | |
| Person / Time | |
|---|---|
| Site: | Fort Calhoun  |
| Issue date: | 07/13/1992 |
| From: | Gates W OMAHA PUBLIC POWER DISTRICT |
| To: | NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| References | |
| LIC-92-215R, NUDOCS 9207200186 | |
| Download: ML20101S994 (3) | |
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Omaha Public Power District 444 South 16th Street Mall Omaha Nebraska 68102-2247 402/636-2000.
July 13, 1992 LIC-92-215R U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Mail Station P1-137 Washington, DC 20555
Reference:
Docket No. 50-285 Gentlemen:
SUBJECT:
Guarantee of Payment of Deferred Premiums: June 30, 1992 to June 30, 1993 In compliance with 10 CFR Part 140.21, the Omaha Public Power District files the attached "1992/1993 Statement of Cash Flow from Operations" as its guarantee of payment of deferred premiums for the eriod of June 30, 1992 to June 30, 1993, The cash flow statement deviates sligh ly from the format of NRC Regulatory Guide 9.4 because-the District is a politi al subdivision of the State of Nebraska.
However, the pertinent information identified in Regulatory Guide 9.4 is provided.
A copy of Bond Resolution 1788, which established the payment priorities listed on the cash flow statement was' filed with our 1979 guarantee report.
If you should have any questions, please contact me.
Sincerely,
- s. E h W. G. Gates Division Manager Nuclear Operations WGG/sel Attachment c:
LeBoeuf, Lamb, Leiby & MacRae
-J. L. Milhoan, NRC Regional Administrator, Region IV R. P. Mullikin, NRC Senior Resident inspector S. D. Bloom, NRC Acting Project Manager Ira Dinitz, U. S. Nuclear Regulatory Commission I
4 hob $01
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'OMAllA PUBLIC POWER DISTRICT FORT CALHOUN POWER STATION UNIT NO. 1 1992/1993 Statement of Cash Flow Frem Operations (a)
(Dollars in Thousands)
Actual Projected 12 Months 12 Months ended 5/92 ended 6/93 Operating Revenues
$ 383,181
$ 407,926 Interest Receipts (b) 6.913 11.306.
Total Cash Receipts 390,094 419,232 Less: Operating Expenses (c) 238,033 251,206 Payments in Lieu of Taxes (c) 14.365 14.709 Funds Available for Debt' Service 137,696 153,317 Less:
Debt Service Payments (d) 74.838 80.917 Funds Available for Other Valid Corporate Purposes (e)
$ 62,858
% 72,400 Average Quarterly Cash Flow
$ 15,715 18,100 Percentage Ownership - Fort Calhoun Power Station Unit No. 1 - 100".
Maximum Total Contingent Liability Annually - $10,000,000 Notes :
(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 realized from operations is as follows:
First Priority:
Operations and maintenance expenses and payments in lieu of taxes.
4 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 usc of the funds to provide for an ongoing utility business.
The payment of any funds for the NRC guarantee would fall into the third priority.
(b)
Interest collections have been normalized to reflect only the types of interest collections from normal ongoing funds and do not reflect er.y interest collections made from special construction funds.
(c) Operating and Maintenance Expenses and Payments in Lieu of Taxes have:
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first priority on use of funds derived from operating revenues.
(d) Debt Service Payments have second priority on the use c' funds derived from operating revenues.
(e) These fondt represent the internal cash flow available for all other corport+n i arposes and have third priority on funds derived from operating revenues.
Supplementary General Statements:
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The following statements are offered to explain some of the District's optirns 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.
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