ML20127M268
| ML20127M268 | |
| Person / Time | |
|---|---|
| Site: | Monticello, Prairie Island  |
| Issue date: | 08/18/1978 |
| From: | Rachel Johnson NORTHERN STATES POWER CO. |
| To: | Saltzman J Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 9211300107 | |
| Download: ML20127M268 (5) | |
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3, O b August 18, 1978 Hr. Jerome Saltzman, Chief Antitrust and Indemnf ty Grra.ip Office of Nuclear Reactor Regulation United States !!uclear Regulatory Consnission Washington, tc 20555 RE:
Indemnity Agreements. B-42 Honticollo Generating Stattui.
Indemnity Agreements B-60 Prairic Island Generating Station
Dear Mr. Saltzman:
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Attached are the accepted copies of amendment #8 to indemnity agreement B-42 cnd amendment #6 to indemnity agreement D-60.
Sincerely yours, W
ROALD G. J011NS U Manager INSURANCE 6 Cl iS l
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Docket Nos. 50-282 50-306 AMEf4DMENT T0 INDEMNITY AGREEMENT NO. B-60 AMENDMENT NO. 6 Effective August 1,1977, Indemnity Agreement No. B-60, between Northern States Power Company, and the Atomic Energy Commission, dated April 6, 1972, as amended, is hereby further amended by adding a new Article VIII i
to read as follows:
" ARTICLE VIII "1.
If the licensee fails to pay assessed def erred premiums, the Commission reserves the right to pay those premiums on behalf of the licensee and to recover the amount of such premiums from the licensee.
"2.
The Commission shall require the immediate submission of financial statements by those licensees who indicate, after an asussment of the retrospective premium by the insurance pools, that they will not pay the assessment.
Such s.nancial statements shall include, as a minimum, exhibits indicating internally generated funds from operations and accumulated retained earnings.
Subsequent submission of financial statements by such licensees may be requested by the Commission, as required.
"3.
If premiums are paid by the Commission as provided in paragraph 1, payment by the Commission shall create a lien in the amount paid in favor of the United States upon all property and rights to property, whether real or personal, belonging to such licensee.
The lien shall arise at the time payment is made by the Commission and shall continue until the liability for the amount (or a judgment against the licensee arising out of such liability) is satisfied or becomes unenforceable. The Commission will issue a certificate of release of any such lien if it finds that the liability for the amount has been fully satisfied or has_become legally unenforceable.
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l "4.
If the Commission determines that the licensee is financially able to reimburse the Commission for a deferred premium payment made in its behalf, and the licensee, af ter notice of such determination by the Commission fails to make such reimbursement within 120 days, the Commission will take appropriate. steps to suspend the license for 30 days.
The Commission may take any l
further action as necessary if reimbursement is not made i
within the 30-day suspension period including, but not limited to, termination of the operating license."
FOR THE UNITED STATES. NUCLEAR REGULATORY COMMISS10ft (d&
V Y
erome Saltzman, Chief, '
Antitrust and Indemnity Group Office of Nuclear Reactor Regulation Accepted b
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NDRTHERN STATE,S'P n ~R CljifPANY
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I Docket No. 50-263 AMENDMENT TO INDEMNITY AGREEMENT NO. B-42 AMENDMENT NO. 8 Effective August 1,1977, Indemnity Agreement No. B-42, between Northern 4
States Power Company, and the Atomic Energy Commission, dated October 3, i
1969, as amended, is hereby further amended by adding a new. Article VIII to read as follows:
" ARTICLE VIII "1.
If the licensee fails to pay assessed deferred premiums, the Commission reserves the right to pay those premiums on behalf of the licensee and to recover the amount of such premiums from the licensee.
"2.
The Commission shall require the immediate submission of financial statements by those licensees who indicate, after an assessment of the retrospective premium by the insurance pools, that they will not pay the assessment.
Such financial statements shall include, as a minimum, exhibits indicating internally generated funds from operations and accumulated retained earnings.
Subsequent submission of financial statements by such licensees may be requested by the Commission, as required.
l "3.
If premiums are paid by the Commission as provided in paragraph 1, payment by the Commission shall create a lien in the amount paid in favor of the United States upon all property and rights to property, whether real or personal, belonging to such licensee.
The lien shall arise at the time payment is made by the Commission and shall continue until the liability for the amount (or a judgment against the licensee arising out of such liability) is satisfied or becomes unenforceable.
The Commission will issue a certificate of release of any such lien if it finds that the liability for the amount has been fully satisfied or has become legally unenforceable.
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"4.
If the Comission determines that the licensee is financially able to reimburse the Comission for a deferred premium payment made in its behalf, and the licensee, af ter notice of such determination by the Commission fails to make such reimbursement within 120 days, the Commission will take appropriate steps to suspend the license for 30 days.
The Commission may take any i
further action as necessary if reimbursement is not made within the 30-day suspension period including, but not limited to, termination of the operating license."
FOR THE UtilTED STATES NUCLEAR REGULATORY COMMISSION
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. - -Jerome Saltzman, Chief Antitrust and Indemnityk oup Office of Nuclear Reactor Regulation Accepted
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,1978 By_ _
ga N RTHERN STATES 0 ' R COMPANY 4