ML20236V655
| ML20236V655 | |
| Person / Time | |
|---|---|
| Site: | South Texas  |
| Issue date: | 07/30/1998 |
| From: | Alexion T NRC (Affiliation Not Assigned) |
| To: | |
| Shared Package | |
| ML20236V642 | List: |
| References | |
| NUDOCS 9808040113 | |
| Download: ML20236V655 (3) | |
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7690-01-P UNITED STATES NUCLEAR REGULATORY COMMISSION HOUSTON LIGHTING & POWER COMPANY I
CITY PUBLIC SERVICE BOARD OF SAN ANTONIO CENTRAL POWER AND LIGHT COMPANY CITY OF AUSTIN. TEXAS .
I STP NUCLEAR OPERATING COMPANY
, SOUTH TEXAS PROJECT. UNITS 1 AND 2 DOCKET NOS. 50-498 AND 50-499 i
NOTICE OF CONSIDERATION OF APPROVAL OF APPLICATION REGARDING PROPOSED MERGER )
Notice is hereby given that the U.S. Nuclear Regulatory Commission (the Commission) is I
considering approval, by issuance of an order under 10 CFR 50.80, of an application concoming I a proposed merger between Central and South West Corporation (CSW) and Amr;can Electric Power Company, Inc. (AEP). CSW is the parent holding company of Centrs' Power and Light l Company (CPL). Houston Lighting & Power Company, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin, Texas, and STP Nuclear Operating Company are holders of Facility Operating Licenses Nos. NPF-76 and NPF-80, issued on March 22,1988, and March 28,1989, respectively. Facility Operating Licenses Nos. NPF-76 and NPF-80 authorize the holders to possess the South Texas Project, Units 1 and 2 (STP), and authorize STP Nuclear Operating Company to use and operate STP in accordance with the procedures l and limitations set forth in the operating licenses. By application dated June 16,1998, submitted under cover of a letter dated June 19,1998, as supplemented by letter dated June 23,1998, and enclosures thereto, the Commission was informed that CSW and AEP have entered into a i
9800040113 900730 #
2 merger agreement under which CSW would become a wholly-owned subsidiary of AEP with CPL remaining a wholly-owned subsidiary of CSW. The application seeks approval of the indirect transfer of control of the interest held by CPL in the STP operating licenses to AEP to the extent
- l. effected by the proposed merger.
, According to the application, the merger will have no adverse effect on either the l technical management or operation of STP since STP Nuclear Operating Company, responsible for the operation and maintenance of STP, is not involved in the merger. Houston Lighting &
Power Company, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin, Texas, and STP Nuclear Operating Company will remain licensees responsible for their possessory interests and related obligations. No direct transfer of the license will result i
! from the merger. '
j Pursuant to 10 CFR 50.80, the Commission may consent to the transfer of control of a license after notice to interested persons. Such consent is contingent upon the Commission's 1 determination that the holder of the license following the transfer is qualified to hold the license and that the transfer is otherwise consistent with applicable provisions of law, regulations, and I orders of the Commission.
l For further details with respect to this proposed action, see the application from CPL f dated June 16,1998, submitted under cover of a letter dated June 19,1998, from Shaw, Pittman, Potts, and Trowbridge, counsel for CPL, and supplemental letter dated June 23,1998, and enclosures thereto. These documents are available for public inspection at the Commission's Public Document Room, the Gelman Building,2120 L Street, NW., Washington, i
?
3-DC 20555, and at the local public document room located at the Wharton County Junior College, J.M. Hodges Leaming Center,911 Boling Highway, Wharton, TX 77488.
Dated at Rockville, Maryland, this 30th day of July 1998.
FOR THE NUCLEAR REGULATORY COMMISSION N '
't ,
Thomas W. Alexion, Project Manager Project Directorate IV-1 Division of Reactor Projects lil/IV Office of Nuclear Reactor Regulation i
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