ML22228A179

Letter from B. Halliburton, Cert, Dated April 29, 2022 with Financial Statements for the Cimarron Environmental Response Trust January 1, 2022 - March 31, 2022

ML22228A179
Person / Time
Site:	07000925
Issue date:	04/29/2022
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: ML22228A179 (4)

Text

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environmental properties management, LLC April 29, 2022 Pam Dizikes P. Clayton Eubanks Attorney, Office of the General Counsel Assistant Attorney General Oklahoma Department of Environmental Quality Environmental Protection Unit 707 N. Robinson Office of the Attorney General of Oklahoma P.O. Box 1677 313 N.E. 2ist Street Oklahoma City, OK 73101-1677 Oklahoma City, OK 73 105 Paul Davis, Project Manager Robert William Yalen Oklahoma Department of Environmental Quality Assistant United States Attorney 707 N. Robinson Office of the United States Attorney PO Box 1677 for the Southern District of New York Oklahoma City, OK 73101-1677 86 Chambers Street, Third Floor New York, NY 10007 Chief, Environmental Enforcement Section Robert.Yalen@usdoj .gov Environment and Natural Resources Division USANYS. TronoxTrustReports@usdoj.gov U.S. Department of Justice P.O. Box 7611 Washington, DC 20044-7611 File Ref. No. 90-11-3-09688 Andrea Koch, Deputy Director James Smith, Project Manager Decommissioning & Uranium Recovery and Waste Programs United States Nuclear Regulatory Commission United States Nuclear Regulatory Commission 11555 Rockville Pike Mailstop T-8F5 Rockville, MD 20852-2738 Washington, DC 20555-0001 Hollis Luzecky, Attorney-Advisor United States Environmental Protection Agency Office of Site Remediation Enforcement, Regional Support 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 Trust:

(1) Cimarron Trust Federal Environmental Cost Account (2) Cimarron Trust State Environmental Cost 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 April 29, 2022 Beneficiary Letter The attached financial statements cover the period from January 1, 2022 through March 31, 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 pertaining to the attached.

Sincerely, Stephan L. Nalefski Vice President Bill Halliburton Trust Administrator Attachments (2) 9400 Ward Parkway Kansas City, MO 64114 Phone: 816-333-9400 Fax:816-822-3463

Cimarron Environmental Response Trust Statement of Assets, Liabilities and Net Assets 31-Mar-22 Admi nistrative Federal State

';*.* Account Account Account Total ASSETS Current Assets

• *.. : Cash Equivalents ,$ 3.:522,297.83 $ 55,582,799.22 $ 12,543,724.5 1 $ 71 ,748,821.57

" ' Accrued Income . , , .. , 376.53 376.53 3,012.17 3,765.23

• , * ...Tc!al Current Assets  :. , , :3;622,674.36 55,583, 175.75 12,546,736.68 71 ,752,586.80

,*, TOTAL A~SETS *.. $ .

• 3,622,67.4,.36 $ 55,583,175.75 $ 12,546,736.68 $ 71 ,752,586.80 LIABILITIES AND NET ASSETS Current Liabilities

• A(c0unts Payable , * . 29;a86. I I 367,160.55 12,207.08 408,853.74

• ..: Accru~,:i Property Taxes .....,. _, .., ,,, , 169.50 169.50

• : * * . 'fotal C *rent Liabilities . * ,i9,655 .61 367,160.55 12,207.08 409,023.24

.- Net Asset~ . 3,5,93~018.7 5 55,216,0 15.20 12,534,529.61 71,343,563.56 TOTAL L!ABILITIES AND NET ASSETS * *\ * $ . J ,622,67.4.36 : $ 55,583, 175.75 $ 12,546,736.68 $ 71,752,586.80

Cimarron Environmental Response Trust Statement of Receipts and Expenses and Changes in Net Assets Year to Date tltru Mar 31, 2022 Administrative Federal State Account Account Account Total RECEIPTS Interest Income $ 1,786.40 $ 27,448.87 $ 6,203.17 $ 35,438.44 Trust Distributions $

Easement/Lease/Property Sale Income 558.02 558.02 4,464.07 5,580.11 TOTAL RECEIPTS 2,344.42 28,006.89 10,667.24 41,018.55 Proposed Over (Under)

EXPENSES Budget Budget Administrative Expenses Trustee & Administrator Fees 73.4 1 73 .41 26 1,4 16.00 (261,342.59)

Site Maintenance & Security 11,600.00 ( 11,600.00)

Utilities 8,000.00 (8,000.00)

Legal & Professional Fees 10,000.00 (10,000.00)

Taxes 179.47 179.47 2,000.00 ( 1,820.53) 252.88 252.88 293,016.00 (292,763 .12)

Federal Expenses License Compliance 73.58 73.58 889,848.00 (889,774.42)

License Admendment Request 3,327,090.88 (3,327,090.88)

Agency Fees 68,760.00 68,760.00 800,000.00 (731,240.00) 68,833.58 68,833.58 5,016,938.88 (4,948,105.30)

State Expenses License Admendment Request 73.4 1 73 .4 1 242,749. 12 (242,675.7 1)

Agency Fees 41,212.25 41,2 12.25 30,000.00 11 ,212.25 41 ,285.66 41,285.66 272,749. 12 (23 1,463.46)

Unanticipated Work Additional Activities 88,424.00 (88,424.00)

TOTAL EXPENSES 252.88 68,833.58 41,285.66 11 0,372. 12 5,67 1, 128.00 $ (5,560,755 .88)

CHANGES IN NET ASSETS 2,09 1.54 (40,826.69) (30,618.42) (69,353 .57)

NET ASSETS, beginning of period 3,590,927.2 1 55,256,841 .89 12,565,148.03 7 1,412,9 17. 13 NET ASSETS, end of period $ 3,593,018.75 $ 55,216,015.20 $ 12,534,529.6 1 $ 71,343,563 .56