ML20246K043
| ML20246K043 | |
| Person / Time | |
|---|---|
| Site: | Fermi  |
| Issue date: | 07/10/1989 |
| From: | Murley T Office of Nuclear Reactor Regulation |
| To: | Charnoff G SHAW, PITTMAN, POTTS & TROWBRIDGE |
| References | |
| NUDOCS 8907180026 | |
| Download: ML20246K043 (2) | |
Text
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W All 101989 Gerald Charnoff, Esq.
Shaw, Pittman, Potts & Trowbridge 2300 N Street, N.W.
Washington, D.C.
20037 RE: DETROIT EDIS0N (Fermi Unit 2 Docket No. 50 3,4_l,)
Dear Mr. Charnoff:
This is in response to your letter lated June 9.1989 concerning a Detroit Edison plan to utilize the financing option pNvided by the Michigan Industrial Development Revenue Bond Act of 1963. Pursuant to this program Michigan municipalities are permitted tu assist Michigan utilities in the financing of pollution control facilities qualified as such under the Federa~1 Internal Revenue Code. The information you submitted describes the financing arrangement as essentially a debt arrangement of the type described in 10 CFR 50.81. Part of the financing arrangement you describe involves a transfer of title of equipment to the County of Monroe, Michigan, which standing alone might be considered within 10 CFR 00.80 as a transfer of a creditor transaction equivalent to a mortgage or lien as contemplated by
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license. However, as you describe the arrangement, it is essentially a 10 CFR 50.81 and not a transfer of any right under the Fermi Unit license.
1 Accordingly, it will not be necessary for you to request approval for the transactions described in your letter.
In the event the process is modified in such a way that any right under the license is transferred, then the procedures set forth in 10 CFR 50.80 must, of course, be followed.
DISTRIBUTION:
Docket Files'(50-341)
Sincerely, NRC/ Local PDRs TMurley/JSniezek original sigried by JPartlow CThomas n= n. nrlw Thomas E. Murley, Director M r o
St JRutberg PD3-1 r/f Office of Nuclear Reactor Regulation LChandler EJakel JPetersen
- see previous page for concurrence 8907180026 890710 yQ{
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- 6/30/89
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cc:
Mr. Ronald C. Callen Ms. Lynn Goodman Adv. Planning Review Section Supervisor - Licensing Michigan Public Service Commission Detroit Edison Company 6545 Mercantile Way Fermi Unit 2 i
P. 0. Box-30221 6400 North Dixie Highway Lansing, Michigan 48909 Newport, Michigan 48166 John Flynn, Esq.
B. Ralph Sylvia, Sr. Vice President Senior Attorney Nuclear Operations Detroit Edison Company Detroit Edison Comoany 2000 Second Avenue 6400 No. Dixie Hiohway
' Detroit, Michigan 48226 Newport, Michigan 48166 Nuclear Facilities and Environmental Monitoring Section Office Division of Radiological Health P. O. Box 30035 lansing, Michigan 48909 Mr. Thomas Randazzo Director, Regulatory Affairs Detroit Edison Company Fermi Unit 2 6400 North Dixie Highway Newport, Michigan 48166 Mr. Walt Rogers U.S. Nuclear Regulatory Commission Resident Inspector's Office 6450 W. Dixie Highway Newport, Michigan 48166 Monroe County Office of Civil Preparedness 963 South Raisinville Monroe, Michigan 48161 Regional Administrator, Region III U.S. Nuclear Regulatory Commission 799RooseveltRpad Glen Ellyn, Illinois 60137 l
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