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{{Adams
#REDIRECT [[BVY 16-005, Vermont Yankee - Pre-Notice of Disbursement from Decommissioning Trust]]
| number = ML16057A369
| issue date = 02/09/2016
| title = Vermont Yankee - Pre-Notice of Disbursement from Decommissioning Trust
| author name = Ryan D, Wamser C
| author affiliation = Entergy Nuclear Vermont Yankee, LLC
| addressee name = Dean W M
| addressee affiliation = NRC/Document Control Desk, NRC/NRR
| docket = 05000271
| license number = DPR-028
| contact person =
| case reference number = BVY 16-005
| document type = Letter
| page count = 2
}}
 
=Text=
{{#Wiki_filter:~Entergy Nuclear Vermont Yankee, LLCVermont YankeeS" nte32 0Governor Hnt Rd.
VT 05354(802) 257-7711BVY 16-005February 9, 2016Mr. William M. Dean, DirectorOffice of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, DC 20555
 
==SUBJECT:==
 
Pre-Notice of Disbursement from Decommissioning TrustVermont Yankee Nuclear Power StationDocket No. 50-27 1License No. DPR-28
 
==Dear Mr. Dean:==
In accordance with Vermont Yankee Nuclear Power Station (VYNPS) Renewed FacilityOperating License Condition 3.J.a.(iii),
the decommissioning trust agreement must provide thatno disbursements or payments from the trust, other than for ordinary administrative
: expenses, shall be made by the trustee until the trustee has first given thirty (30) days prior written noticeto the NRC.Article IV, Section 4.05 of the Master Decommissioning Trust Agreement by and betweenEntergy Nuclear Vermont Yankee, LLC (ENVY) and The Bank of New York Mellon, successor by operation of law to Mellon Bank, N.A. as Trustee, provides that no disbursements orpayments shall be made by the Trustee, other than Administrative Expenses in accordance withSection 4.02 of the Master Trust Agreement, until the Trustee has first given the NRC thirty (30)days prior written notice of payment;
: provided, however, that no disbursement or payment fromthe Master Trust shall be made if the Trustee receives prior written notice of objection from theNRC Director of the Office of Nuclear Reactor Regulation.
This letter provides the NRC written notification of The Bank of New York Mellon's intent, uponreceipt of a completed Disbursement Certificate from ENVY, to make a disbursement from theVYNPS nuclear decommissioning trust in an amount not to exceed (without a supplemental 30-day notice to the Director)
$8,000,000, for the period of February 2016. The disbursement request is expected to include, among other things, site-specific decommissioning costs relatedto emergency planning contractor costs, insurance and property taxes.11These cost items are identified in the Site Specific Decommissioning Cost Estimate that wassubmitted to the NRC with the VYNPS Post-Shutdown Decommissioning Activities Report (PSDAR)on December 19, 2014. See PSDAR, App. C, Table C at lines la.2.23/1b.2.23, 1a.4.l/1b.4.2 andI a.4.2,1lb.4.3 (ADAMS Accession No. ML1 4357A1 10).
BVY 16-005 / Page 2 of 2The disbursement from the VYNPS nuclear decommissioning trust in the amount described above is planned to be made thirty (30) days following the date of this letter, unless the trusteereceives prior written notice of objection from the NRC Director of the Office of Nuclear ReactorRegulation.
This letter contains no new regulatory commitments.
Should you have any questions concerning this letter or require additional information, pleasecontact Mr. Glen Metzger at 412-234-0573 or Mr. Christopher Warnser at 802-451-3102.
Sincerely, David Ryan Christop er mserManaging Director Site Vice President The Bank of New York Mellon Entergy Nuclear Vermont Yankee, LLCcc: U.S. Nuclear Regulatory Commission Attn: Document Control DeskWashington, DC 20555-0001 Mr. Daniel H. DormanRegional Administrator, Region 1U.S. Nuclear Regulatory Commission 2100 Renaissance Blvd, Suite 100King of Prussia, PA 19406-2713 Mr. Jack D. Parrott, Senior Project ManagerOffice of Nuclear Material Safety and Safeguards U.S. Nuclear Regulatory Commission Mail Stop T-8F5Washington, DC 20555Mr. Christopher
: Recchia, Commissioner" Vermont Department of Public Service112 State Street -Drawer 20Montpelier, Vermont 05602-.26011
~Entergy Nuclear Vermont Yankee, LLCVermont YankeeS" nte32 0Governor Hnt Rd.
VT 05354(802) 257-7711BVY 16-005February 9, 2016Mr. William M. Dean, DirectorOffice of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, DC 20555
 
==SUBJECT:==
 
Pre-Notice of Disbursement from Decommissioning TrustVermont Yankee Nuclear Power StationDocket No. 50-27 1License No. DPR-28
 
==Dear Mr. Dean:==
In accordance with Vermont Yankee Nuclear Power Station (VYNPS) Renewed FacilityOperating License Condition 3.J.a.(iii),
the decommissioning trust agreement must provide thatno disbursements or payments from the trust, other than for ordinary administrative
: expenses, shall be made by the trustee until the trustee has first given thirty (30) days prior written noticeto the NRC.Article IV, Section 4.05 of the Master Decommissioning Trust Agreement by and betweenEntergy Nuclear Vermont Yankee, LLC (ENVY) and The Bank of New York Mellon, successor by operation of law to Mellon Bank, N.A. as Trustee, provides that no disbursements orpayments shall be made by the Trustee, other than Administrative Expenses in accordance withSection 4.02 of the Master Trust Agreement, until the Trustee has first given the NRC thirty (30)days prior written notice of payment;
: provided, however, that no disbursement or payment fromthe Master Trust shall be made if the Trustee receives prior written notice of objection from theNRC Director of the Office of Nuclear Reactor Regulation.
This letter provides the NRC written notification of The Bank of New York Mellon's intent, uponreceipt of a completed Disbursement Certificate from ENVY, to make a disbursement from theVYNPS nuclear decommissioning trust in an amount not to exceed (without a supplemental 30-day notice to the Director)
$8,000,000, for the period of February 2016. The disbursement request is expected to include, among other things, site-specific decommissioning costs relatedto emergency planning contractor costs, insurance and property taxes.11These cost items are identified in the Site Specific Decommissioning Cost Estimate that wassubmitted to the NRC with the VYNPS Post-Shutdown Decommissioning Activities Report (PSDAR)on December 19, 2014. See PSDAR, App. C, Table C at lines la.2.23/1b.2.23, 1a.4.l/1b.4.2 andI a.4.2,1lb.4.3 (ADAMS Accession No. ML1 4357A1 10).
BVY 16-005 / Page 2 of 2The disbursement from the VYNPS nuclear decommissioning trust in the amount described above is planned to be made thirty (30) days following the date of this letter, unless the trusteereceives prior written notice of objection from the NRC Director of the Office of Nuclear ReactorRegulation.
This letter contains no new regulatory commitments.
Should you have any questions concerning this letter or require additional information, pleasecontact Mr. Glen Metzger at 412-234-0573 or Mr. Christopher Warnser at 802-451-3102.
Sincerely, David Ryan Christop er mserManaging Director Site Vice President The Bank of New York Mellon Entergy Nuclear Vermont Yankee, LLCcc: U.S. Nuclear Regulatory Commission Attn: Document Control DeskWashington, DC 20555-0001 Mr. Daniel H. DormanRegional Administrator, Region 1U.S. Nuclear Regulatory Commission 2100 Renaissance Blvd, Suite 100King of Prussia, PA 19406-2713 Mr. Jack D. Parrott, Senior Project ManagerOffice of Nuclear Material Safety and Safeguards U.S. Nuclear Regulatory Commission Mail Stop T-8F5Washington, DC 20555Mr. Christopher
: Recchia, Commissioner" Vermont Department of Public Service112 State Street -Drawer 20Montpelier, Vermont 05602-.26011}}

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