ML20155A022

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Forwards Temporary Exemption from Schedular Requirements of Property Insurance Rule,Effective 881004.Exemption Valid Until 890401
ML20155A022
Person / Time
Site: Cook  American Electric Power icon.png
Issue date: 09/30/1988
From: Stang J
Office of Nuclear Reactor Regulation
To: Alexich M
AMERICAN ELECTRIC POWER SERVICE CORP., INDIANA MICHIGAN POWER CO. (FORMERLY INDIANA & MICHIG
Shared Package
ML20155A027 List:
References
NUDOCS 8810050180
Download: ML20155A022 (4)


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September 30, 1988 o...+

Dockets Nos. 50-315 and 50-316 Mr. Milton Alexich Indiana Michigan Power Company c/o American Electric Power Service Corporation 1 Riverside Plaza Columbus, Ohio 43216 Dear Mr. Alexich

SUBJECT:

00NALO C. COOK NUCLEAR PLANT, UNITS N05. 1 AND 2 - TEMPORARY EXEMPTION FROM THE SCHEDULAR REQUIREMENTS OF THE PROPERTY INSURANCE RULE EFFECTIVE OCTOBER 4, 1988 (10 CFR 50.54(w)(5)(i))

The Commission has issued the enclosed temporary exemption from the schedular requirements of the property insurance rule effective October 4, 1988 (10 CFR 50.54(w)(5)(i)) for the Donald C. Cook Nuclear Plant, Units Nos. I and 2.

This part of the rule requires licensees to obtain insurance policies that prioritize insurance prou eds for stabilization and decontamination after an accident and provice for payment of proceeds to an independent trustee who we.ed disburse funds for decontamnation sad cleanup before any other purpose.

The Commission has proposed a revision of 10 CFR 50.54(w)(5)(i) extending I

the implementation senedule for 18 conths (53 FR 36338, September 19,1988).

However, because it is urelikely that this rulemaking action will be completed by October 4,1988, tha Commission is issuing a temporary exemption from the requirenents of 10 CFR 50.54(w)(5)(1) until completion of the pendir.g rulemaking extending the implementation date specified in 10 CFR $0.54(w)(5)(i), but not i

later than April 1, 1989.

Upon completion of such rulemaking, the licensee shall comply with the provisions of such fule.

i The Commission, pur a ant to 10 CFR 50.12(a), hereby grants a temporary l

exemption from the schedular requirements of 10 CFR 50.54(w)(5)(1).

This I

temporary exemption is valid entil April 1, 1989, or until such time as action on this rulemaking is completed.

In granting the exemption, the staff has determined that this action is authorized

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by law and will not endanger life or property or the common defense and security j

and is otherwise in the public interest.

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A copy of this exemption is being filed with the Office of the Federal Registar for publication.

Sincerely e.

johnF.Stang,ProjectManager Project Directorate III-1 Division of Reactor Projects - III, IV, V

& Special Projects

Enclosure:

As stated cc w/ enclosure:

See next page

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A copy of this exemption is being filed with the Office of the Federal Register for publication.

Sincerely, John F. Stang, Project Manager Project Directorate III-1 Division of Reactor Projects - III, IV, V

& Special Projects

Enclosure:

As stated cc w/ enclosure:

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Mr. Milton Alexich Donald C. Cook Nuclear Plant Indiana Michigan Power Company a

CC' Regional Administrator, Region III Mr. S. Brewer U.S. Nuclear 'egulatory Commission American Electric Power 799 Roosevelt. load Service Corporation Glen Ellyn, Illinois 60137 1 Riverside Plaza Columbus, Ohio 43216 Attorney General Department of Attorney General 525 West Ottawa Street Lansing, Michigan 48913 Township Supervisor Lake Township Hall Post Office Box 818 Bridgeman, Michigan 49106 s

W. G. Smith, Jr., Plant Manager Donald C. Cook Nuclear Plant P6st Office Box 458 j

Bridgman, Michigan 49106 j

U.S. Nuclear Regulatory Commission Resident Inspectors Office 7700 Red Arrow Highway Stevensville, Michigan 49127 i

Gerald Charnoff, Esquire Snaw, Pittman, Potts and Trowbririge 2300 N Street, N.W.

Washington, 0C 20037 Mayor, City of Bridgeman Post Office Box 366 Bridgenan, Michigan 49106 Special Assistant to the Governor Room 1 - State Capitol Lansing, Michigan 48909 Nacinar Facilities and Environmental Monitoring Section Office Division of Radiological Health Department of Public Health 3500 N. Logan Street Post Office Box 30035 Lansing, Michigan 48909