ML20198P983

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Advises That Atlantic City Electric Co Has Agreed to Provide NRC W/Copy of Application Transferring 10% or More of Licensees Net Utility Plant to Parent Holding Company or Affiliated Company
ML20198P983
Person / Time
Site: Hope Creek PSEG icon.png
Issue date: 11/07/1997
From: Oneill J
ATLANTIC CITY ELECTRIC CO., SHAW, PITTMAN, POTTS & TROWBRIDGE
To:
NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
NUDOCS 9711120077
Download: ML20198P983 (1)


Text

f.:

SHAW, PirrMAN, PoTTs & TROWBRIDGE 2300 N STREET. N.W.

WASHINGTON, D C. 20037 1128 (202) 663-8000 (202feUb7

" " EE.'S " '

November 7,1997 o

United States Nuclear Regulatory Commission Attention: Document Control Desk Washington, DC 20555 Re:

Application for Transfer of Control Regarding Operating License No.

NPF-57 for the Hope Creek Generating Station (Docket No. 50-354)

Gentlemen:

We understand that in connection with recent NRC approvals ofindirect transfers of control of a license to a new holding cotupany, the NRC has sought and obtained from the licensee a commitment to provide the NRC with a copy of any application transferring 10 percent or more of the licensee's net utility plant to the parent holding company or any affiliated companies. In connection with the NRC's review of the above application filed by Atlantic City Electric Company t/a Atlantic Electric (" ACE") dated April 30,1997, please be advised that ACE agrees to provide the Director of the Office of Nuclear Reactor Regulation a copy of any application, at the time it is filed, to transfer (excluding grants of security interests or liens) from ACE to its proposed parent, or to any other affiliated company, facilities for the production, transmission or distribution of electric energy having a depreciated book value exceeding ten percent (10%) of ACE's consolidated net utility plant, as recorded on ACE's books of account.

A 1

Very tru y yo irs,-p

[

s Jo

1. O'Neill, Jr. (

SHA% ITTMAN

& TROWBRIDGE N '300 Ne treet, N.W.

Veshihgton, D.C. 20037 Counsel for Atlantic City Electric Company

- cc:

Regional Administrator, NRC Region I Resident inspector, Hope Creek David H. Jaffe, Project Manager, Hope Creek l]llllll[l%[lll 9711120077 971167 POR ADOCK 05000354 P

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