ML102520227

UC Irvine Nuclear Reactor Facility, Financial Assurance

ML102520227
Person / Time
Site:	University of California - Irvine
Issue date:	08/25/2010
From:	Gottfredson M University of California - Irvine
To:	Office of Nuclear Reactor Regulation
References
Download: ML102520227 (2)

Text

UNIVERSITY OF CALIFORNIA, IRVINE -BERKELEY

• DAVIS

• IRVINE

• LOS ANGELES- MERCED RIVERSIDE

• SAN DIEGO -SAN FRANCISCO SANTA BARBARA SANTACRUZ'Office of the Executive Vice Chancellor

& Provost 509 Aldrich Hall Irvine, CA 92697-1000 (949) 824-6296 FAX (949) 824-2438 August 25, 2010 U.S. Nuclear Regulatory Commission Washington, DC 20555 RE: UC Irvine Nuclear Reactor Facility, Docket 50-326, License R-1 16 University of California, Irvine Financial Assurance As the Executive Vice Chancellor and Provost of the University of California, Irvine, I have wide ranging authority and responsibility for campus operations and the allocation of resources.

The University of California, Irvine intends to operate its TRIGA Reactor for the foreseeable future estimated to be at least 20 years. The UC Irvine facility is a non-power reactor operated by The Regents of the University of California, a State of California government entity established by Article IX,Section IX of the California State Constitution, which reads in part: "a) The University of California shall constitute a public trust, to be administered by the existing corporation known as "The Regents of the University of California;" with full powers of organization and government, subject only to such 'legislative control as may be necessary to insure the security of its funds and compliance with the terms of the endowments of the university and such competitive bidding procedures as may be made applicable to the university by statute for the letting of construction contracts, sales of real property, and purchasing of materials, goods, and services." Based on a recent similar example at the University of Arizona, decommissioning costs of the reactor are currently estimated to be $2,000,000.

The necessary decommissioning fund are well within the University's financial ability to respond and as indicated under 10 CFR 50.75(e)(2)(iv), the University will make such funds (amount to be appropriately updated over time) available for decommissioning when necessary.

The undersigned has been delegated authority to make this commitment and approve this Statement of Intent under IDA-099 by authority of the Chancellor of the University of California, Irvine as attached hereto.Michael R. Gottfredta.

Executive Vice Chancelior and Provost C: Academic Budget Director Norma Price CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Of fi~kVV }On U i -before me, wolvqy. Y \vA(AVI 004I Date Here Insert Nam and Title bf the Officer personally appeared 4 -` Signe r(s)COMM. #17724:171 N0TARY PUBLC -CALJFORNIA 01114NGE OUN'fYýMdiflmss~dEUq0re~t7, 2M I who proved to me on the basis of satisfactory evidence to be the person,8whose name(is/yrf subscribed to the within instrument and acknowledged to me that he/s6/tl~y executed the same in his/lr/tkr6ir authorized capacity i1 and that by his/peflpeMfOsignature(<on the instrument the persono, or the entity upon behalf of which the person,*s'acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.WITNESS my ha d and official seal.Signature Signature of Notary Public Place Notary Seal Above OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document.Description of Attached Document Title or Type of Document:

L-C +(-) 0rS .ek. ý "cpn, -,0 Y ))SS)s'sion Document Date: U Uý s' 7,!5 -,70) U Number of Pages: Signer(s)

Other Than Named Above: _Capacity(ies)

Claimed by Signer(s)Signer's Name: ED Individual ED Corporate Officer -Title(s): LD Partner --[ Limited ED General LD Attorney in Fact El Trustee Top o thumb here D] Guardian or Conservator

[I Other: _Signer's Name: ED Individual D Corporate Officer -Title(s): E Partner -D Limited El General ED Attorney in Fact ED Trustee Top of thumb here 0 Guardian or Conservator El Other: _Signer Is Representing:

Signer Is Representing:

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