ML20203L868
| ML20203L868 | |
| Person / Time | |
|---|---|
| Site: | Palo Verde  (NPF-51-A-002, NPF-51-A-2) |
| Issue date: | 08/18/1986 |
| From: | NRC |
| To: | |
| Shared Package | |
| ML20203L871 | List: |
| References | |
| NUDOCS 8608290248 | |
| Download: ML20203L868 (4) | |
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Reissued
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8/18/86.
This transaction is similar to that approved by the Comission in its Order of December 12, 1985, with regard to the sale and leaseback of PNM's interest in Palo Verde Unit 1.
Subject to the foregoing, the Comission hereby approves the application under the conditions set forth in the enclosed Amendment No. 2 to the Palo Verde Unit 2 license.
C.
The facility will operate in conformity with the above rpalication and the Director of the Office of Nuclear Reactor Regulations letter of August 12, 1986, the provisions of the Act, and the trgulations of l
the Comission; D.
There is reasonable assurance (1) that the activities authorized by this amendment can be conducted without endangering the health end safety of the public, and (ii) that such activities will be conducted in compliance with the Comission's regulations; E.
The issuance of this amendment will not be inimical to the common defense and security or to the health and safety of the public; F.
The issuance o'f this amendment is in accordance with 10 CFR Part 51 of the Comission's regulations and all applicable requirements have been satisfied.
G.
The present amendment authorizes any such sale and leaseback transactions made pursuant thereto until September 30, 1986.
2.
Accordingly, a new Paragraph, 2.B(6) is added to read as follows:
(6)(a)
The Public Service Company of New Mexico (PNM) is authorized to transfer all or a portion of its 10.2% ownership share in Palo Veroe Unit 2 and a proportionate share of a third of PhM's interest in the Palo Verde comon faciities to certain equity investors identified in its submission of August 6, 1986, and at the same time to lease back from such purchasers such interest sold in the Palo Verde Unit 2 facility. The tenn of the lease is for approximately 29-1 years subject to a right of renewal.
Any such sale and leaseback transaction is subject to the representations and conditions set forth in the aforementioned application of February 14, 1986, and the subsequent submittals dated April 22, June 10, July 29, July 30, August 6, and August 7, 1986, as well as the letter of the Director of the Office of Nuclear Reactor Regulation dated August 12, 1986, consenting to such transactions. Specifically, the lessor and anyone else who may acquire an interest under this transaction are prohibited from exercising directly or indirectly any control over the licensees of the Palo Verde Nuclear Generating Station, Unit 2.
For purposes of this condition the limitations in 10 CFR 50.81,
" Creditor Regulations," as now in effect and as they 8609290248 860818 PDR ADOCK 05000529 PDR
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s' Mr. E. E. Van Brunt, Jr.
Arizona Nuclear Power Project Palo Verde CC:
Arthur C. Gehr, Esq.
Kenneth Berlin, Esq.
Snell & Wilmer Winston & Strawn 3100 Valley Center Suite 500 Phoenix, Arizona 85073 2550 M Street, NW Washington, DC 20037 Mr. James M. Flenner, Chief Counsel Arizona Corporation Commission Ms. Lynne Bernabei 1200 West Washington Government Accountability Project Phoenix, Arizona 85007 of the Institute for Policy Studies 1901 Que Street, NW Charles R. Kocher, Esq. Assistant Washington, DC 20009 Council James A. Boeletto, Esq.
Southern California Edison Company Ms. Jill Morrison P. O. Box 800 522 E. Colgate Rosemead, California 91770 Tempi, Arizona 85238 Mr. Mark Ginsberg Mr. Charles B. Brinkman, Manager Energy Director Washington Nuclear Operations,
Of'fice of Economic Planning Combustion Engineering,'Inc.
and Development 7910 Woodmont Avenue Suite 1310 1700 West Washington - 5th Floor Bethesda, Maryland 20814 Phoenix, Arizona 85007 Mr. Wayne Shirley Mr. Ron Rayner Assistant Attorney General P. O. Box 1509 Bataan Memorial Building Goodyear, AZ 85338 Santa Fe, New Mexico 87503 Mr. Roy Zimmerman U.S. Nuclear Regulatory Commission P. O. Box 239 Arlington, Arizona 85322 Ms. Patricia Lee Hourihan 6413 S. 26th Street Phoenix, Arizona 85040 Regional Administrator, Region V U. S. Nuclear Regulatory Commission 1450 Maria Lane Suite 210 Walnut Creek, California 94596
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. Chainnan Arizona Corporation Connission P. O. Box 6019 i
Phoenix, Arizona 85003 Arizona Radiation Regulatory hgency ATTN: Ms. Clara Palovic,t.ibrarian 925 South 52nd Street Tempe, Arizona 85238 Mr. Charles Tedford. Director Arizona Radiation Regulatory Agency 924 South 52nd Street. Suite 2 Tempe, Arizona 85281
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Chairman Maricopa County Board of Supervisors 111 South Thin! Avenue Phoenix, Arizona.85003 4
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l August 18, 1986 ERRATA - AMENDMENT NO. 2 TO FACILITY OPERATIN.G L-ICENSE NPF-51 FOR PALO VERDE UNIT 2 DISTRIBUTION y
Docket File 50-529V NRC PDR Log i PDR -
Qby..an, ng,
EAlicitra Attorney, OGC - Bethesda.
LHannon EJordan BGrimes JPartlow TBarnhart(4)
WJones WRegan ACRS(10)
OPA RDiggs, LFMB EButcher NThorrpson GWKnighton Jg1t,zm'o"n, OSP s
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