ML20215E899
| ML20215E899 | |
| Person / Time | |
|---|---|
| Site: | Palo Verde  |
| Issue date: | 12/15/1986 |
| From: | Office of Nuclear Reactor Regulation |
| To: | |
| Shared Package | |
| ML20215E903 | List: |
| References | |
| NUDOCS 8612230159 | |
| Download: ML20215E899 (2) | |
Text
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R31ssuzd 12/16/86
- ' C.
The facility will operate in conformity with the above applications and the Director of the Office of Nuclear Reactor Regulation's letters of August 12, August 15 and December 11, 1986, the provisions of the Act, and the regulations of the Commission; D.
Thereisreasonableassurance(1)thattheactivitiesauthorizedby this amendment can be conducted without endangering the health and safety of the public, and (ii) that such activities will be conducted in compliance with the Commission's regulations; E.
The issuance of this amendment will not be inimical to the connon defense and security or to the health and safety of the public; F.
The issuance of this amendment is in accordance with 10 CFR Part 51 of the Commission's regulations and all applicable requirements have been satisfied.
G.
The present amendment authorizes any such sale and. leaseback transactions
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made pursuant thereto until June 30, 1987.
2.
Accordingly, Paragraphs 2.B(6), 2.B(7) and 2.B(8) are hereby amended to read as follows:
(6)(a)
Public Service Company of New Mexico (PNM) is authorized to transfer all or a portion of its 10.2% ownership share in Palo Verde, Unit 2 and a proportionate share of a third of PNM's interest in the Palo Verde common facilities to certain equity investors identified in its submissions of August 6 and November 26, 1986, and at the same time to lease back from such purchasers such interest sold in the Palo Verde. Unit 2 facility.
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The term of the lease is for approximately 29-1 years subject to l
a right of renewal. Additional sale and leaseback transactions of all or a portion of PNM's remaining ownership share of Palo Verde. Unit 2 are hereby authorized until June 30, 1987. Any
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such sale and leaseback transaction is subject to the representa-tions 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, October 16 amt November 26, 1986, as well as the letters of the Director of the Office of Nuclear Reactor Regulation dated August 12 and December 11, 1986, consenting to such trans-actions. 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 licen-sees of the Palo Verde Nuclear Generating Station, Unit 2.
For purposes of this condition the limitations in 10 CFR 50.81, " Creditor Pegulations," as now in effect and as they P
._ A Dactmber 16, 1986 ERRATA - AMENDMENT NO 6 TO FACILITY OPERATING LICENSE NPD-51 FOR PALO VERDE UNIT 2 DISTRIBUTION
-m 1 Docket File 50-52 93 NRC PDR '"
Local PDR PD7 Reading FMiraglia JLee(5)
EAlicitra Attorney, OGC - Bethesda LHannon EJordan BGrimes JPartlow TBarnhart(8)
WJones WRegan ACRS(10)
OPA RDiggs, LFMB EButcher NThorrpson GWKnighton JSaltzman, OSP RHVollmer HRDenton y
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