ML20155C618

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Forwards Temporary Exemption from Requirements of Property Insurance rule,10CFR50.54(w)(5)(1)
ML20155C618
Person / Time
Site: Maine Yankee
Issue date: 10/04/1988
From: Sears P
Office of Nuclear Reactor Regulation
To: Randazza J
Maine Yankee
Shared Package
ML20155C622 List:
References
NUDOCS 8810100120
Download: ML20155C618 (3)


Text

.

i Docket No. 50-309 Distribution

.Dechet'fHem TBarnhart(4)

NRC PDR ~~

ACRS (10)

Local PDR GPA/PA TMurley/JSniezek SECY (Orders Only)

DCrutchfield ARM /LFMB CRossi RWessman SVarga Mr. J. B. Randazza BBoger President MRushbrook Maine Yankee Atomic Power Company PSears 83 Edison Drive OGC Augusta, Maine 04336 EJordan RGrimes

Dear Mr. Randazza:

SUBJECT:

MAINE YANKEE ATOMIC POWER STATION - TEMPORARY EXEMPTION FROM THE SCHEDllLAR REQUIREMENTS OF THE PROPERTY INSURANCE RllLE EFFECTIVE OCTOBER 4, 1988 (10 CFR 50.54(w)(5)(1))

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 Maine Yankee Atomic Power Station. This part of the rule requires licensees to obtain insurance policies that prioritize insurance proceeds for stabilization and decontamination after an accident and provide for payment of proceeds to an independent trustee who would disburse funds for decontamination and cleanup before any other purpose.

The Comission has proposed a revision of 10 CFR 50.54(w)(5)(i) extending the implementation schedule for 18 months (53 FR 36338, September 19,1988).

However, because it is unlikely that this rulemaking action will be completed by October 4,1988, the Comission is issuing a temporary exemption from the requirements of 10 CFR 50.54(w)(5)(1) until completion of the pendin extending the implementation date specified in 10 CFR 50.54(w)(5)(i)g rulemaking

, but not later than April 1, 1989. Upon completion of such rulemaking, the licensee shall comply with the provisions of such rule.

The Comission, Jursuant to 10 CFR 50.12(a), hereby grants a tem exemption from t1e schedular requiremtnts of 10 CFR 50.54(w)(5)(porary 1). This temporary exemption is valid until 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 by law and will not endanger life or property or the comon defense and security and is otherwise in the public interest.

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

Sincerely,

/5 Patrick M. Sears, Profect Manager Proiect Directorate I-3 Division of Reactor Projects, I/II

Enclosure:

As stated cc w/ enclosure:

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Mr. J. B. Randazza Maine Yankee Atomic Pcwer Company Maine Yankee Atomic Power Station ec:

John B. Randazza, President Mr. P.,L. Anderson, Project Manager Maine Yankee Atcmic Power Company Yankee Atomic Electric Company 83 Edison Drive 1671 Worchester Road Augusta, Maine 04336 Framingham, Massachusetts 07101 M. Charles P. Brinkman Mr. G. D. Whittier, Manager Manager - Vashington Nuclear Nuclear Engineering and Licensing Operations Maine Yankee Atomic Pcwer Company Combustien Engineerirg, Inc.

83 Edison Drive 7910 Woodmont Avenue Augusta Maine 04336 Bethesda, Maryland 20814 John A. Ritsher, Esauire Ropes & Gray 225 Franklin Street Boston, Massachusetts 02110 l

State Planning Officer Executive Department 189 State Street Augusta Maine 04330 Or. E. T. Boulette, Plant Manager i

Maine Yankee Atomic Pcwer Company P. O. Box 408 Wiscasset, Maine 04578 Regional Administrator, Region I I

U.S. Nuclear Regulatory Commission 475 Allendale Road King of Prussia, Pennsylvania 19406 First Selectman of Wiscasset Municipal Building U.S. Route 1 Wiscasset, Maine 04578 Mr. Cornelius F. Folden Resident Inspector

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1 c/o U.S. Nuclear Regulatory Commission P. O. Box E Wiscasset, Maine C4578 i

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