ML22228A131

Letter from B. Halliburton, Cert, Dated August 1, 2022 with Financial Statements for the Cimarron Environmental Response Trust January 1, 2022 - June 30, 2022

ML22228A131
Person / Time
Site:	07000925
Issue date:	08/01/2022
From:	Halliburton B, Nalefski S Cimarron Environmental Response Trust, Environmental Properties Management
To:	James Smith NRC/NMSS/DDUWP/URMDB
James Smith, 301-415-6103
References
Download: ML22228A131 (5)

Text

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environmental properties management, LLC August 1, 2022 Pam Dizikes Attorney. Office of the General Counsel Oklahoma Depa1tment of Environmental Quality 707 >l. Robinson P.O. Box 1677 Okl~:horna City, OK 73 101-1677 P;:,iil J;;JVis, Pro_iect Manager Oklahoma Depaitment of Environmental Quality 707 '.\\. Robinson PO Box 1677 Oklahoma City, OK 731 01-1677 vcpsubmittals@deg.ok.gov Chief, Environmental Enforcement Section Environment and Natural Resources Division L.S. Oepartment of Justice P.O. Box 7611 Washington, DC 200ti4-761 1 r*i!e Ref. ?s:o. 90-11 09688 Andrea Koch, Deputy Director Decommissioning & Uranium Recovery and Waste Programs United States Nuclear Regulatory Commission

vtailstop T-8F5 Washington, DC 20555-0001 Hollis Luzecky, Attorney-Advisor Lnited States E!wironmental Protection Agency P. Clayton Eubanks Assistant Attorney General Environmental Protection Unit Office of the Attorney General of Oklahoma 3 13 N. E. 2 I ;i Street Oklahoma City, OK 731 05 Robert William Yalen Ass;stant L'nited States Attorney Oftice of the United States Attorney for the Southern District of New York 86 Chambers Street, Third Floor

"\\' ew York, t\\i Y I 0007 Robert. Yalen@usdoj.gov USA N YS.Tronox TrustR~ports@usdo j. 2,0\\

• James Smith, Project \\-tanager United States Nuclear Regulatory Comm ission 11555 Rockville Pike Rockville, MD 20852-2738 l)ftice of Site Remediation Enforcement. Regional Suppoct Division 1200 Pennsylvania Avenue, NW (Mail Code 2272A)

Washington, DC 20460

Dear Ladies and Gentlemen:

Environmental Properties Management. LLC. Trustee for the Cimarron Environmental Response Trust, hereby submits the attached financial statements for the following Trust Accounts to the beneficiaries of the Cimarron

• f'rust:

( 1) Cimarron Trust Federal Environmental Cust Account (2) Cimarron Trust State Environmental Co~t Account (3) Cimarron Trust Administrative Account 9400 Ward Parkway Kansas City, MO 64114 Phone: 816-333-9400 Fax:816-822-3463

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environmental properties management, LLC Page 2 August I, 2022 Beneficiary Letter The attached financial statements cover the period from January I, 2022 through June 30, 2022 and are submitted pursuant to the Cimarron Trust's obligations under paragraph 6.1 of the Environmental Response Trust Agreement.

Please do not hesitate to contact me with any questions pet1aining to the attached.

Sincerely, Stephan L. Nalefski Vice President Bill! lallibu11011 Tntst r\\chn in istn1tor Attach;nents (2) 9400 Ward Parkway Kansas City, MO 64114 Phone: 816-333-9400 Fax: 816-822-3463

ASSETS Current Assets Cash Equivalents Accrued Income Total Current Assets TOT AL ASSETS LIABILITIES AND NET ASSETS Current Liabilities Accounts Payable Accrued Property Taxes Total Current Liabilities Net Assets Cimarron Environmental Response Trust Statement of Assets, Liabilities and Net Assets 30-Jun-22 Administrative Federal Account Account 3,598,888.58

$ 55,260,448.47 3,598,888.58 55,260,448.47 3,598,888.58

$ 55.260,448.47 76,175.22 504,208.83 339.00 76,514.22 504,208.83 3,522,374.36 54,756,239.64 TOT AL LIABILITIES AND NET ASSETS 3,598,888.58

$ 55,260,448.47 State Account Total 12,557,890.48

$ 71,417,227.54 12,557,890.48 71,417,227.54 12,557,890.48

$ 71,417,227.54 24,067.60 604,451.65 339.00 24,067.60 604,790.65 12,533,822.89 70,812,436.89 12,557,890.48

$ 71,417,227.54

Cimarron Environmental Response Trust Statement of Receipts and Expenses and Changes in Net Assets Year to Date thru Jun 30, 2022 Administrative Federal State Account Account Account Total RECEIPTS Interest Income 6,827.46 I 04,9 I 8.87 23,764.96 135,51 1.29 Trust Distributions Easement/Lease/Property Sale Income 1,292.33 1,292.33 10,338.54 12,923.20 TOTAL RECEIPTS 8,119.79 106,211.20 34,103.50 148,434.49 Proposed Over (Under)

EXPENSES Budget Budget Administrative Expenses Trustee & Administrator Fees 71,261.33 7 1,261.33 261,416.00

( 190, 154.67)

Site Maintenance & Security 2,633.23 2,633.23 11,600.00 (8,966.77)

Utilities 2,429.1 1 2,429. 11 8,000.00 (5,570.89)

Legal & Professional Fees 10,000.00

( 10,000.00)

Taxes 348.97 348.97 2,000.00

( 1,65103) 76,672.64 76,672.64 293,0 16.00 (2 I 6,343.36)

Federal Expenses License Compliance 174,489.80 174,489.80 889,848.00 (7 15,358.20)

License Admendmcnt Request 329,867.65 329,867.65 3,327,090.88 (2,997,223.23)

Agency Fees 102,456.00 102,456.00 800,000.00 (697,544.00) 606,8 13.45 606,813.45 5,0 16,938.88 (4,4 10,125.43)

State Expenses License Admendment Request 24,216.39 24,216.39 242,749.12 (2 18,532.73)

Agency Fees 41,212.25 41,2 12.25 30,000.00 11,212.25 65,428.64 65.428.64 272,749.12 (207,320.48)

Unanticipated Work Additional Activities 88.424 00 (88,424.00)

TOTAL EXPENSES 76,672.64 606,8 13.45 65,428.6'1 748,9 14.73 5,671,128.00

$ (4,922,2 13.27)

CHANGES IN NET ASSETS (68,552.85)

(500,602.25)

(3 1,325.14)

(600,480.24)

NET ASSETS, beginning of period

l,590.927.2 1 55.256,84 1.89 12,565,148.03 71,4 12,917.1 3 NET ASSETS, end of period

$ 3,522,37436

$ 54,756,239.64

$ 12,533,822.89 70,8 12,436.89

Cimarron Environmental Response Trust Statement of Receipts and Expenses and Changes in Net Assets For Quarter ending June 30, 2022 Federal State Administrative Account Account Account Total RECEIPTS Interest Income 5,041.06 77,470.00 17.56 1.79 100,072.85 Trust Distributions Easement/Lease/Property Sale Income 734.3 1 734.3 1 5,874.47 7,343.09 TOTAL RECEIPTS 5,775.37 78,204.3 1 23,436.26 107,415.94 EXPENSES Administrative Expenses Trustee & Administrator Fees 71.187.92 71, 187.92 Site Maintenance & Security 2,633.23 2.633.23 Utilities 2,429.1 1 2,429.11 Legal & Professional Fees Taxes 169.50 169.50 76,419.76 76.4 19.76 Federal Expenses License Compliance 174,416.22 174,416.22 License Admendment Request 329,867.65 329,867.65 Agency Fees 33,696.00 33,696.00 537.979.87 537,979.87 State Expenses License Admendment Request

24. 142.98 24,142.98 Agency Fees 24, 142.98 24.1 42.98 Unanticipated Work Additional Activities TOTAL EX PENSES 76,4 19.76 537,979.87 24,142.98 638,542.61 CHANGES IN NET ASSETS (70,644.39)

(459,775.56)

(706.72)

(531,126.67)

NET ASSETS, beginning of period 3,593,0 18.75 55,2 16,0 15.20 12.534,529.6 1 7 1.4 12,9 17. 13 NET ASSETS, end of period 3,522,374.36 54,756,239.64 12.533,822.89 70,881,790.46