ML21294A357

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Connecticut, Inc.; Millstone Power Station Units 1, 2, and 3, and ISFSI; Changes to Decommissioning Trust Agreements
ML21294A357
Person / Time
Site: Millstone  Dominion icon.png
Issue date: 10/21/2021
From: Mark D. Sartain
Dominion Energy Nuclear Connecticut
To:
Document Control Desk, Office of Nuclear Material Safety and Safeguards, Office of Nuclear Reactor Regulation
References
21-341
Download: ML21294A357 (8)


Text

Dominion Energy Nuclear Connecticut, Inc.

5000 Domin ion Bou levard, Glen A ll en, VA 23060 DominionEnergy.com i; Dominion

~ Energy October 21, 2021 United States Nuclear Regulatory Commission Serial No.: 21-341 Attention: Director, NRA/MLW: R1 Office of Nuclear Reactor Regulation Docket Nos.: 50-245/336/423 Washington, D. C. 20555-0001 72-47 License Nos.: DPR-21/65 NPF-49 DOMINION ENERGY NUCLEAR CONNECTICUT, INC.

MILLSTONE POWER STATION UNITS 1, 2 AND 3 AND ISFSI CHANGES TO DECOMMISSIONING TRUST AGREEMENTS This letter provides notification that Dominion Energy Nuclear Connecticut, Inc. (DENC),

is amending the Qualified and Non-qualified Nuclear Decommissioning Trust Agreements for Millstone Power Station (MPS) Units 1, 2 and 3 to add clarification in Section 1.03 and 6.01, respectively. This notification is being provided pursuant to Section 5.01 of the nuclear decommissioning trust agreements for MPS Units 1, 2, and 3 and implementing conditions 2.C.6(d), 2.C.8.(d), and 2.C.5(d) of the respective licenses, for which the license conditions remain operative under 10 C.F.R. § 50.75(h)(5).

The MPS trusts continue to be held by The Northern Trust Company, an Illinois corporation in Chicago, Illinois.

In connection with this change, each of the existing trust agreements is being amended to add clarification in Section 1.03 and 6.01. No other changes are being made. Copies of the amendments to the trust agreements are attached. The amendments to the trust agreements are to be made effective on December 1, 2021.

Please contact Mr. Craig D. Sly at (804) 273-2784 if you have any questions or require additional information.

Sincerely, Mark D. Sartain Vice President - Nuclear Engineering and Fleet Support Dominion Energy Nuclear Connecticut, Inc.

Commitments made in this letter: None

Serial No.21-341 MPS Trust Agreements Change Page 2 of 2 Attachments:

1. Amendment 2 to Dominion Energy Nuclear Connecticut, Inc. Qualified Nuclear Decommissioning Trust Agreement
2. Amendment 2 to Dominion Energy Nuclear Connecticut, Inc. Non-Qualified Nuclear Decommissioning Trust Agreement cc: Director, Office of Nuclear Material Safety and Safeguards U.S. Nuclear Regulatory Commission Washington, DC 20555 U.S. Nuclear Regulatory Commission, Region I 2100 Renaissance Blvd Suite 100 King of Prussia, PA 19406-2713 Mr. R. Guzman NRC Senior Project Manager (MPS Units 2 and 3)

U.S. Nuclear Regulatory Commission, Mail Stop 08 C-2 One White Flint North 11555 Rockville Pike Rockville, MD 20852-2738 Amy Snyder Decommissioning Project Manager (Unit 1)

U.S. Nuclear Regulatory Commission Mailstop T-5A10 Washington, D. C. 20555-0001 Ms. Yen-Ju Chen Senior Project Manager U. S. Nuclear Regulatory Commission Two White Flint North 11545 Rockville Pike Mail Stop 4B34 Rockville, MD 20852-2738 Mr. David M. Kohanzo The Northern Trust Company Vice President Corporate & Institutional Services 50 South Lasalle Street, M-28 Chicago, IL 60603 NRC Senior Resident Inspector Millstone Power Station

Serial No.21-341 Attachment 1 Amendment 2 to Dominion Energy Nuclear Connecticut, Inc. Qualified Nuclear Decommissioning Trust Agreement Millstone Power Station - Units 1, 2 and 3 Dominion Energy Nuclear Connecticut, Inc. (DENC)

Serial No.21-341 Attachment 1, page 1 of 2 SECOND AMENDMENT TO THE DOMINION ENERGY NUCLEAR CONNECTICUT, INC., QUALIFIED NUCLEAR DECOMMISSIONING TRUST AGREEMENT THIS AGREEMENT is effective as of the day of _ _ _ _ _, 2021 by and between DOMINION ENERGY NUCLEAR CONNECTICUT, INC., a Delaware corporation (the "Grantor"), and THE NORTHERN TRUST COMPANY, an Illinois corporation of Chicago, Illinois (the "Trustee");

WHEREAS, the Grantor and the Trustee executed the Amended and Restated Dominion Nuclear Connecticut, Inc., Qualified Nuclear Decommissioning Trust Agreement effective January 1, 2013 (the "Trust") and subsequently amended the Trust on July 1, 2018; WHEREAS, the Grantor and the Trustee desire to amend the Trust pursuant to Section 5.01 of the Trust NOW, THEREFORE, the sections of the Trust set forth below are amended as follows, but all other sections of the Trust shall remain in full force and effect

1. The following language is hereby added to the end of Section 1.03:

"Committee meetings may be convened at the corporate headquarters of the Trustee in Illinois and in such case, Committee members may participate in the meetings via electronic means such a video conference provided all members of the Committee may be heard simultaneously during the meeting. Notwithstanding the foregoing, the Chair of the Committee will meet with the Trustee at the corporate headquarters of the Trustee in Illinois at least annually. Other Committee members may participate in such meetings either in person or via electronic means such as video conference."

2. Section 6.01 is here by replaced in its entirety with the following:

6.01 Construction and Situs The Grantor's intent and purpose in creating the trusts hereunder and executing this Agreement is to maintain Nuclear Decommissioning Reserve Funds pursuant to Internal Revenue Code Section 468A. All questions arising in the administration of the Trust and in the construction of this Agreement will be resolved accordingly. Further the Trustee's principal place of business is in Illinois and as such, is subject to regulations governing an Illinois banking institution. The assets of the Trust shall be held and administered in Illinois. Accordingly, the Trust situs shall be Illinois and this Agreement will be construed, enforced, and administered in accordance with the laws of the State of Illinois, except to the extent that the laws of the United States of America take precedence, in which event, this Agreement will be construed in accordance with the laws of the United States of America. The headings and subheadings in this Agreement have been inserted for convenience only and are to be ignored in construction of the provisions.

Serial No.21-341 Attachment 1, page 2 of 2 This amendment may be executed in any number of counterparts, but all such counterparts shall together constitute but one instrument. Any such counterpart, to the extent delivered by means of a facsimile machine or by .pdf, .tif, .gif, .jpg or similar attachment to electronic mail, shall be treated in all manner and respects as an original executed counterpart.

IN WITNESS WHEREOF, the Grantor and the Trustee have executed this Amendment to the Trust Agreement by their respective duly authorized officers effective as of the day and year first written above.

. DOMINION ENERGY NUCLEAR CONNECTICUT, INC.

By:----------

Its: - - - - - - - - - -

The undersigned, _ _ _ _ _ _ _ _ _, does hereby certify that he/she is the duly elected, qualified Assistant Secretary of Dominion Energy Nuclear Connecticut, Inc. (the "Grantor") and further certifies that the person whose signature appears above is a duly elected, qualified and acting officer of the Grantor with full power and authority to execute this Trust Amendment on behalf of the Grantor and to take such other actions and execute such other documents as may be necessary to effectuate this Agreement.

Assistant Secretary Dominion Energy Nuclear Connecticut, Inc.

THE NORTHERN TRUST COMPANY By:----------

Its: - - - - - - - - - -

Serial No.21-341 Attachment 2 Amendment 2 to Dominion Energy Nuclear Connecticut, Inc. Non-Qualified Nuclear Decommissioning Trust Agreement Millstone Power Station - Units 1, 2 and 3 Dominion Energy Nuclear Connecticut, Inc. (DENC)

Serial No.21-341 Attachment 2, page 1 of 2 SECOND AMENDMENT TO THE DOMINION ENERGY NUCLEAR CONNECTICUT, INC., NON-QUALIFIED NUCLEAR DECOMMISSIONING TRUST AGREEMENT THIS AGREEMENT is effective as of the day of _ _ _ _ _, 2021 by and between DOMINION ENERGY NUCLEAR CONNECTICUT, INC., a Delaware corporation (the "Grantor"), and THE NORTHERN TRUST COMPANY, an Illinois corporation of Chicago, Illinois (the "Trustee");

WHEREAS, the Grantor and the Trustee executed the Amended and Restated Dominion Nuclear Connecticut, Inc., Non-Qualified Nuclear Decommissioning Trust Agreement effective January 1, 2013 (the "Trust") and subsequently amended the Trust on July 1, 2018; WHEREAS, the Grantor and the Trustee desire to amend the Trust pursuant to Section 5.01 of the Trust.

NOW, IBEREFORE, the sections of the Trust set forth below are amended as follows, but all other sections of the Trust shall remain in full force and effect.

3. The following language is hereby added to the end of Section 1.03:

"Committee meetings may be convened at the corporate headquarters of the Trustee in Illinois and in such case, Committee members may participate in the meetings via electronic means such a video conference provided all members of the Committee may be heard simultaneously during the meeting. Notwithstanding the foregoing, the Chair of the Committee will meet with the Trustee at the corporate headquarters of the Trustee in Illinois at least annually. Other Committee members may participate in such meetings either in person or via electronic means such as video conference."

4. Section 6.01 is hereby replaced in its entirety with the following:

6.01 Construction and Situs The Grantor's intent and purpose in creating the trusts hereunder and executing this Agreement is to maintain Nuclear Decommissioning Reserve Funds to provide for the costs of decommissioning the Grantor's nuclear power plants. All questions arising in the administration of the Trust and in the construction of this Agreement will be resolved accordingly. Further the Trustee's principal place of business is in Illinois and as such, is subject to regulations governing an Illinois banking institution. The assets of the Trust shall be held and administered in Illinois. Accordingly, the Trust situs shall be Illinois and this Agreement will be construed, enforced, and administered in accordance with the laws of the State of Illinois, except to the extent that the laws of the United States of America take precedence, in which event, this Agreement will be construed in accordance with the laws of the United States of America. The headings and subheadings in this Agreement have been inserted for convenience only and are to be ignored in construction of the provisions.

Serial No.21-341 Attachment 2, page 2 of 2 This amendment may be executed in any number of counteqiarts, but all such counteqiarts shall together constitute but one instrument. Any such counteqiart, to the extent delivered by means of a facsimile machine or by .pdf, .tif, .gif, .jpg or similar attachment to electronic mail, shall be treated in all manner and respects as an original executed counteqiart.

IN WITNESS WHEREOF, the Grantor and the Trustee have executed this Amendment to the Trust Agreement by their respective duly authorized officers effective as of the day and year first written above.

DOMINION ENERGY NUCLEAR CONNECTICUT, INC.

By: _ _ _ _ _ _ __

Its: - - - - - - - - - -

The undersigned, _ _ _ _ _ _ _ _ _., does hereby certify that he/she is the duly elected, qualified Assistant Secretary of Dominion Energy Nuclear Connecticut, Inc. (the "Grantor") and further certifies that the person whose signature appears above is a duly elected, qualified and acting officer of the Grantor with full power and authority to execute this Trust Amendment on behalf of the Grantor and to take such other actions and execute such other documents as may be necessary to effectuate this Agreement.

Assistant Secretary Dominion Energy Nuclear Connecticut, Inc.

THE NORTHERN TRUST COMPANY By:----------

Its: - - - - - - - - - -