NOC-AE-04001740, Suspension of Review of Application for Consent to Transfer Non-Operating Ownership Interest and Conforming License Amendments

Suspension of Review of Application for Consent to Transfer Non-Operating Ownership Interest and Conforming License Amendments

ML041670498
Person / Time
Site:	South Texas
Issue date:	06/10/2004
From:	Halpin E South Texas
To:	Dyer J Office of Nuclear Reactor Regulation
References
NOC-AE-04001740, STI: 31755584
Download: ML041670498 (2)

Text

Nuclear Operating Company SStuth T s Pm/cc!elcctric GencratigStation PO 28.9 W dsmv Tcas 77483 June 10, 2004 NOC-AE-04001740 10 CFR 50.80 10 CFR 50.90 U. S. Nuclear Regulatory Commission Attention: James E. Dyer Director, Office of Nuclear Reactor Regulation One White Flint North 11555 Rockville Pike Rockville, MD 20852 South Texas Project Units 1 and 2 Docket Nos. STN 50-498 and STN 50-499 Suspension of Review of Application for Consent to Transfer Non-Operating Ownership Interest and Conforming License Amendments

Reference:

Letter, J. J. Sheppard to J. E. Dyer, "Application for Consent to Transfer Non-Operating Ownership Interest and Conforming License Amendments," dated April 21, 2004 (NOC-AE-04001712)

This is a follow-up to the referenced application, in which STP Nuclear Operating Company

("STPNOC"), acting on behalf of current licensee AEP Texas Central Company ("TCC") and prospective licensee Cameco South Texas Project LP ("CSTP"), requested NRC consent to the transfer of TCC's non-operating ownership interests in South Texas Project Units 1 and 2 (collectively, TCC's ownership interest in "STP") to CSTP.

As stated in the referenced application, completion of the transaction that would result in the transfer of TCC's ownership interests to CSTP is subject to the other STP owners' rights of first refusal, which could be exercised through June 1, 2004. Texas Genco, LP and City Public Service of San Antonio have announced their intention to acquire all or a portion of TCC's ownership interests in STP.

The effectiveness of the offers by Texas Genco, LP and City Public Service of San Antonio is predicated on the ability of the parties to negotiate mutually satisfactory purchase and sale agreements. STPNOC anticipates that the negotiations will be conducted in the near future.

While these negotiations are pending, STPNOC requests that the NRC staff suspend its review of the referenced application. STPNOC will promptly advise the NRC of additional developments on this matter as they occur.

STI: 31755584f

NOC-AE-04001740 Page 2 of 2 If there are any questions regarding this request, please contact Scott Head at (361) 972-7136.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on: June 10, 2004 else E. D. Halpin Vice President and Assistant to the President & CEO jtc cc:

(paper copy) (electronic copy)

Bruce S. Mallett A. H. Gutterman Regional Administrator, Region IV Morgan, Lewis & Bockius LLP U. S. Nuclear Regulatory Commission 611 Ryan Plaza Drive, Suite 400 L. D. Blaylock Arlington, Texas 76011-8064 City Public Service U. S. Nuclear Regulatory Commission Michael H. Webb Attention: Document Control Desk U. S. Nuclear Regulatory Commission One White Flint North 11555 Rockville Pike R. L. Balcom Rockville, MD 20852 Texas Genco, LP Richard A. Ratliff A. Ramirez Bureau of Radiation Control City of Austin Texas Department of Health 1100 West 49th Street C. A. Johnson Austin, TX 78756-3189 AEP Texas Central Company Jeffrey Cruz John Matthews U. S. Nuclear Regulatory Commission Morgan, Lewis & Bockius LLP P. 0. Box 289, Mail Code: MIN116 Wadsworth, TX 77483 Jon C. Wood Matthews & Branscomb C. M. Canady City of Austin David A. Repka Electric Utility Department Winston & Strawn 721 Barton Springs Road Austin, TX 78704 Jay E. Silberg Shaw Pittman Matias F. Travieso-Diaz Shaw Pittman Sean Quinn Cameco South Texas Project LP STI: 31755584