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Category:Financial Assurance Document
MONTHYEARML23157A1292023-06-0101 June 2023 Annual Report of Guarantee of Payment of Deferred Premium ML22312A5952022-11-0808 November 2022 Independent Spent Fuel Storage Installation, Submittal of Annual Financial Reports 2021 ML22089A1572022-03-30030 March 2022 Present Levels of Financial Protection ML21085A8732021-03-26026 March 2021 Present Levels of Financial Protection ML20091N8202020-03-31031 March 2020 Present Levels of Financial Protection ML19087A1302019-03-27027 March 2019 Present Levels of Financial Protection ML18152A8622018-05-29029 May 2018 Annual Report of Guarantee of Payment of Deferred Premium ML17146A9052017-05-24024 May 2017 Annual Report of Guarantee of Payment of Deferred Premium ML16181A0572016-06-17017 June 2016 Submittal of Sale and Leaseback Transaction ML16153A2352016-05-26026 May 2016 Annual Report of Guarantee of Payment of Deferred Premium - ML16077A3772016-03-17017 March 2016 Present Levels of Financial Protection ML15356A1242015-12-0909 December 2015 Submittal of Annual Financial Reports ML15236A0152015-08-19019 August 2015 Licensee Guarantee of Payment of Deferred Premium, 2015 Annual 10 CFR 140.21 Filing ML14093A0302014-03-28028 March 2014 PVNGS, Units 1,2 & 3 - Present Levels of Financial Protection ML13263A2912013-09-13013 September 2013 Licensee Guarantee of Payment of Deferred Premium 2013 Annual 10 CFR 140.21 Filing ML13148A0592013-05-23023 May 2013 Southern California Edison (SCE) - Annual Report of Guarantee of Payment of Deferred Premium ML13107A5432013-04-12012 April 2013 Report of Present Levels of Financial Protection ML13098A0332013-03-29029 March 2013 Independent Spent Fuel Storage Installation (ISFSI) - Submittal of Consolidated Decommissioning Funding Status Report - 2012 ML12250A6262012-08-17017 August 2012 Licensee Guarantee of Payment of Deferred Premium, 2012 Annual 10 CFR 140.21 Filing ML12152A3102012-05-31031 May 2012 Annual Report of Guarantee of Payment of Deferred Premium ML12107A0182012-03-28028 March 2012 Present Levels of Financial Protection ML1123717792011-11-14014 November 2011 2010 DFS Report Analysis for Palo Verde Nuclear Generating Station, Unit 3 ML1123717772011-11-14014 November 2011 2010 DFS Report Analysis for Palo Verde Nuclear Generating Station, Unit 2 ML1123717742011-11-14014 November 2011 2010 DFS Report Analysis for Palo Verde Nuclear Generating Station, Unit 1 ML12256A9962011-06-30030 June 2011 Los Angeles Department of Water and Power, Power System, Financial Statements and Required Supplementary Information, June 30, 2011 and 2010, (with Independent Auditors' Report Thereon) ML12256A9952011-06-30030 June 2011 Report of Independent Auditors and Combined Financial Statements for Southern California Public Power Authority ML11154A1272011-06-0101 June 2011 Annual Report of Guarantee of Payment of Deferred Premium ML1109503932011-03-30030 March 2011 Decommissioning Funding Status Report - 2010 ML1109102422011-03-24024 March 2011 Present Levels of Financial Protection ML1102603972011-01-21021 January 2011 Evidence of Financial Protection ML1010500142010-04-0101 April 2010 Present Levels of Financial Protection ML1000604052009-12-31031 December 2009 Submittal of Proposed Transfer of an Equity Interest in a Sale and Leaseback Transaction ML0924701922009-07-31031 July 2009 Submission of Certified 2009 Cash Flow Projection and Application for Withholding Information from Public Disclosure ML0924701952009-07-15015 July 2009 Licensee Guarantee of Payment of Deferred Premium ML0910006522009-03-30030 March 2009 Present Levels of Financial Protection ML0709505812007-03-28028 March 2007 Present Levels of Financial Protection ML0621903262006-06-14014 June 2006 Submission of El Paso Electric Company Form 10-K Annual Report for the Fiscal Year Ended December 31, 2005, Certified 2006 Cash Flow Projection, and Application for Withholding Information from Public Disclosure ML0612104532006-04-24024 April 2006 Annual Certified Financial Statement ML0608703902006-03-16016 March 2006 Present Levels of Financial Protection ML0508104312005-03-10010 March 2005 Present Levels of Financial Protection ML0413904152004-05-13013 May 2004 Annual Certified Financial Statement ML0309306682003-03-26026 March 2003 Nuclear Energy Liability Insurance ML0231003572002-10-30030 October 2002 Part 6 of 10, Palo Verde, 2001 Annual Financial Report, Water Services Department of Water & Power City of Los Angeles, Report & Financial Statements ML0231003562002-10-30030 October 2002 Part 5 of 10, Palo Verde, 2001 Annual Financial Report, Energy Services Department of Water & Power City of Los Angeles, Report & Financial Statements ML0231003552002-10-30030 October 2002 Part 4 of 10, Palo Verde, 2001 Annual Financial Report, Energy Services Department of Water & Power City of Los Angeles, Report & Financial Statements ML18219A5481975-10-29029 October 1975 Prospectus. Arizona Public Service Co. 300,000 Shares Cumulative Preferred Stock, Series I ($100 Par Value) ML18192A3931975-10-24024 October 1975 Request for Additional Financial Information. (Response to Items 5 Through 12) ML18192A3901975-09-24024 September 1975 Prospectus. Public Service Company of New Mexico, Common Stock ML18192A3921975-06-30030 June 1975 Public Service Company of New Mexico and Subsidiary. Interim Consolated Financial Statements. (Subject to Year End Audit Adjustment ML18192B8091975-06-11011 June 1975 Prospectus. Southern California Edison Company, 2,000,000 Shares Cumulative Preferred Stock 9.20% Series ($25 Par Value) 2023-06-01
[Table view] Category:Letter
MONTHYEARML24019A2012024-01-19019 January 2024 Fourth 10-Year Interval, Second Period Owners Activity Report Number 1R24 ML24019A1362024-01-18018 January 2024 Inservice Inspection Request for Information ML24012A2452024-01-12012 January 2024 Response to Request for Additional Information to Proposed Method to Manage Environmentally Assisted Fatigue for the Pressurizer Surge Line ML24010A1532024-01-10010 January 2024 Information Request for the Cybersecurity Baseline Inspection, Notification to Perform Inspection ML23341A0062023-12-21021 December 2023 Project Manager Assignment IR 05000528/20230112023-12-18018 December 2023 License Renewal Inspection Report 05000528/2023011 ML23335A0782023-11-30030 November 2023 Independent Spent Fuel Storage Installation - Request for Exemption from Enhanced Weapons, Firearms Background Checks, and Security Event Notifications Implementation ML23325A1602023-11-17017 November 2023 Supplemental Submittal - Relief Request 70 Proposed Alternatives for Pressurizer Lower Shell Temperature Nozzle IR 05000528/20234032023-11-13013 November 2023 NRC Security Inspection Report 05000528 2023403, 05000529 2023403, 05000530 2023403 (Full Report) ML23311A2082023-11-0909 November 2023 Reassignment of U.S. Nuclear Regulatory Commission Branch Chief in the Division of Operating Reactor Licensing for Plant Licensing Branch IV ML23299A3052023-10-26026 October 2023 Response to Request for Additional Information Relief Request 70 Proposed Alternatives for Pressurizer Lower Shell Temperature Nozzle IR 05000528/20230032023-10-17017 October 2023 Integrated Inspection Report 05000528 2023003 and 05000529 2023003 and 05000530 2023003 ML23270B9232023-09-28028 September 2023 Notification of Age-Related Degradation Inspection (05000528/2024012, 05000529/2024012, and 05000530/2024012) and Request for Information ML23251A2332023-09-13013 September 2023 Notification of Post Approval Site Inspection for License Renewal and Request for Information Inspection (05000528/2023011) ML23241B0182023-09-13013 September 2023 Use of Honeywell Mururoa V4F1 and MTH2 Supplied Air Suits within Respiratory Protection Program IR 05000528/20243012023-09-0606 September 2023 Notification of NRC Initial Operator Licensing Examination 05000528/2024301; 05000529/2024301; 05000530/2024301 IR 05000528/20230102023-08-22022 August 2023 Biennial Problem Identification and Resolution Inspection Report 05000528/2023010, 05000529/2023010 and 05000530/2023010 IR 05000528/20230052023-08-21021 August 2023 Updated Inspection Plan for Palo Verde Nuclear Generating Station, Units 1, 2, and 3 (Report 05000528/2023005 and 05000529/2023005 and 05000530/2023005) ML23222A2762023-08-10010 August 2023 Independent Spent Fuel Storage Installation, Registration of Dry Spent Fuel Transportable Storage Canister Identification Numbers AMZDFX175 and AMZDFX176 and Vertical Concrete Cask Identification Numbers AMZDNE175, and AMZDNE176 ML23199A2942023-08-0909 August 2023 Issuance of Amendment Nos. 221, 221, and 221, to Revise Technical Specifications to Adopt TSTF-107, Separate Control Rods That Are Untrippable Versus Inoperable IR 05000528/20230022023-08-0808 August 2023 Integrated Inspection Report 05000528/2023002 and 05000529/2023002 and 05000530/2023002 ML23207A2482023-07-26026 July 2023 License Renewal Pressurizer Surge Line Inspection ML23188A1872023-07-0707 July 2023 Fourth 10-Year Interval, Second Period Owners Activity Report Number 2R24 ML23166B0832023-07-0505 July 2023 Independence Spent Fuel Storage Installation - Issuance of Exemption ML23181A1602023-06-30030 June 2023 2 to Updated Final Safety Analysis Report, and Revision 3 to Operations Quality Assurance Program Description ML23180A2222023-06-29029 June 2023 Application to Revise Technical Specifications (TS) 3.5.1, Safety Injection Tanks (Sits) - Operating, TS 3.5.2, Safety Injection Tanks (Sits) - Shutdown, and TS 3.6.5, Containment Air Temperature ML23181A0772023-06-29029 June 2023 Program Review - Simulator Testing Methodology ML23157A1292023-06-0101 June 2023 Annual Report of Guarantee of Payment of Deferred Premium ML23144A3722023-05-24024 May 2023 Response to Regulatory Issue Summary (RIS) 2023-01, Preparation and Scheduling of Operator Licensing Examinations ML23143A3912023-05-23023 May 2023 Independent Spent Fuel Storage Installation - Request for Exemption from NAC-MAGNASTOR Certificate of Compliance 72-1031 - Cask Lid Batch 3 Design Requirements ML23145A2772023-05-17017 May 2023 10-PV-2023-05 Post-Exam Comments ML23132A3392023-05-12012 May 2023 Application to Revise Technical Specifications 3.3.11 to Adopt TSTF-266-A, Revision 3, Eliminate the Remote Shutdown System Table of Instrumentation and Controls IR 05000528/20230012023-05-0808 May 2023 and Independent Spent Fuel Storage Installation - Integrated Inspection Report 05000528/2023001 and 05000529/2023001 and 05000530/2023001 and 07200044/2023001 ML23128A0692023-05-0808 May 2023 Notification of Biennial Problem Dentification and Resolution Inspection and Request for Information ML23122A1822023-04-29029 April 2023 Transmittal of Technical Specification Bases Revision 76 ML23122A1912023-04-29029 April 2023 Unit 1 Core Operating Limits Report Revision 32, Unit 2 Core Operating Limits Report Revision 25, Unit 3 Core Operating Limits Report Revision 31 ML23116A2772023-04-26026 April 2023 Independent Spent Fuel Storage Installation, Annual Radioactive Effluent Release Report 2022 ML23115A4012023-04-26026 April 2023 Review of the 2022 Steam Generator Tube Inspections During Refueling Outage 23 ML23115A4982023-04-25025 April 2023 2022 Annual Environmental Operating Report IR 05000528/20230122023-04-19019 April 2023 Notification of Commercial Grade Dedication Inspection (05000528/2023012, 05000529/2023012, and 05000530/2023012) and RFI ML23108A0342023-04-18018 April 2023 NRC Initial Operator Licensing Examination Approval 05000528/2023301; 05000529/2023301; 05000530/2023301 ML23103A4642023-04-13013 April 2023 Annual Radiological Environmental Operating Report 2022 ML23103A4312023-04-13013 April 2023 Emergency Core Cooling System Performance Evaluation Models, 10 CFR 50.46(a)(3)(ii) Annual Report for 2022 IR 05000528/20224012023-04-13013 April 2023 Cyber Security Inspection Report 05000528/2022401 and 05000529/2022401 and 05000530/2022401 ML23102A3292023-04-12012 April 2023 Application for Authorized Use of Mururoa Single-Use, Supplied Air Suits, Models V4F1 and MTH2 ML23102A3242023-04-12012 April 2023 Supplement to Application to Revise Technical Specifications to Adopt TSTF-107-A, Separate Control Rods That Are Untrippable Versus Inoperable ML23089A4002023-03-30030 March 2023 Consolidated Decommissioning Funding Status Report - 2022 ML23088A4012023-03-30030 March 2023 Project Manager Assignment IR 05000528/20234022023-03-29029 March 2023 and 3 - NRC Security Inspection Report 05000528-2023402, 05000529-2023402, and 05000530-2023402, (Cover Letter Only) ML23080A3002023-03-21021 March 2023 Present Levels of Financial Protection 2024-01-19
[Table view] |
Text
Shirley A. Baum
(.laps Associate General Counsel PO Box 53999 Phoenix, Arizona 85072-3999 Mail Station 8695 TEL 602.250.3706 Shirley.baum@pinnaclewest.com June 17, 2016 Via Certified Mail - Return Receipt Requested U.S. Nuclear Regulatory Commission Washington, DC 20555-0001 Sale and Leaseback Transaction by Arizona Public Service Company NRC Docket No. STN 50-529 Renewed Facility Operating License No. NPF-51 Palo Verde Nuclear Generating Station, Unit 2 Ladies and Gentlemen:
The purpose of this letter is to provide prior written notification to the Nuclear Regulatory Commission (the "Commission") of the proposed transfer of an equity interest in a sale and leaseback transaction that was the subject of a license amendment in the above docket.
The proposed transfer of the equity interest would be from PV2-APS 150 Corporation, a Delaware corporation (the "Transferor"), to Access Energy Investors III, LLC, a Delaware limited liability company (the "Transferee"). The Transferee has represented that its 100% owner, Access Leasing Corporation, a Delaware corporation, will have on the date the proposed transfer is consummated a net worth or capital and surplus of at least $25,000,000. The Transferee is not affiliated with Arizona Public Service Company ("APS"). Upon the transfer, the Transferee will own an equity interest, through an existing owner trust, of a portion of the interest in the Palo Verde Nuclear Generating Station ("PVNGS") Unit 2, which was the subject of a sale and leaseback transaction consummated in December, 1986.
Background. In 1986, APS proposed to enter into the sale and leaseback transaction relating to PVNGS Unit 2. By letter dated December 11, 1986, the Commission issued an amendment to Facility Operating License NPF-51 (Palo Verde Unit 2), approving the Unit 2 sale and leaseback transactions, subject to 10 C.F.R. § 50.81 and the conditions set forth in such amendment. Currently, the Transferor holds (through the existing owner trust structure) a 3.3758701 percent undivided ownership interest in Unit 2. Such amendment is Condition 8 to the Unit 2 Renewed Operating License Amendment No. 197.
Subject of this Notice. The Transferor's 3.3758701 percent undivided ownership interest in Unit 2 is the subject of this notice (the "Subject Interest"). With respect to another (unrelated) equity
June 17, 2016 Page2 interest transfer in 2007, Mike Markley of the Commission Staff advised Public Service Company of New Mexico ("PNM") by letter dated October 18, 2007 (TAC NOS. MD6791) that prior written notice to the Commission is required for the transfer of an equity interest in a PVNGS sale and leaseback transaction from one party to another, even if the terms of the sale and leaseback remain unchanged. Notably, this is a prior written notice requirement and not a Commission approval requirement. This point was clarified in an e-mail from Randy Hall in connection with the 2010 transfer of an interest in PVNGS Unit 1 from Cypress PV Partnership to Citicorp Buffalo Basin, Inc.
Mr. Hall, in an e-mail dated November 18, 2010, explained that the operating license condition to provide prior written notice to the Commission is satisfied by the delivery to the Commission of the notice letter.
The Transferor has notified APS that the Transferor proposes to transfer the Subject Interest to the Transferee and, in connection therewith, the Transferee will execute an assignment and assumption agreement for the Subject Interest, pursuant to which the Transferee will assume the rights and obligations of the Transferor under the existing applicable PVNGS sale and leaseback transaction documents and will otherwise comply with the transaction documents.
The Transferor has further notified APS that the parties plan to close the proposed transfer on or around June 30, 2016, and it has therefore requested that APS provide this advance written notice to the Commission with respect to the transfer. The proposed transfer will be made in a manner that is specifically permitted under the sale and leaseback transaction as it was originally approved by the Commission. The current "owner trustee" for the sale and leaseback transaction, U.S. Bank National Association, will remain unchanged, and the terms of the lease will remain unchanged.
We have attached for your reference the following materials relating to the Transferee, as forwarded to us by counsel to the Transferee:
a) Pro forma balance sheet of Access Leasing Corporation (the parent of the Transferee) dated as of March 31, 2016 (attached as "Exhibit A").
b) Summary about the Transferee and its ownership structure and management (attached as "Exhibit B ").
In addition, should you find it useful to reference, the Transferee also forwarded to us the company internet address of Access Leasing Corporation, which the Transferee indicated sets forth additional information regarding its businesses. The website can be found at:
http://www.accesslc.com.
Request. Consistent with the explanation provided by Mr. Hall in 2010 noted above, we are not seeking any kind of review, approval or other action from the Commission. The license requirement with which we are complying simply requires prior notice in writing to the Commission.
Accordingly, the signed "Return Receipt" confirming the Certified Mail delivery of this notice to the Commission will be used by the parties as confirmation of compliance with the prior
June 17, 2016 Page2 written notice requirement. We are sending an informational copy of this notice by e-mail to Margaret Watford, who we understand is the current Project Manager.
If you have any questions, please do not hesitate to contact the undersigned at (602) 250-3706. Again, as noted above, the Transferor and the Transferee plan to close the transaction on or around June 30, 2016.
Sincerely,
- s. J~
Shir~
Associate General Counsel Pinnacle West Capital Corporation Counsel for APS SB:bd Attachments cc by e-mail: Siva Lingam, NRR Project Manager for PVNGS, (siva.lingam@nrc.gov)
Michael Green, Esq., Arizona Public Service Company, (michael.green@pinnaclewest.com )
EXHIBIT A ACCESS LEASING CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF ASSETS, LIABILITIES, AND SHAREHOLDER'S EQUITY ASSETS March31 2016 CURRENT ASSETS:
Cash $ 4,003,374 Investments in marketable securities 7,265,034 Lease revenue receivable 152,298 Prep aids 21,345 Notes receivable 32,525,850 Other receivables 2,148,387 Total current assets 46,116,287 PROPERTYANDEQUIPMENT,ATCOST:
Equipment held for leasing, secured 21,419,229 Office equipment and furniture 14 307 21,433,536 Less accumulated depreciation (1,793,739)
Total property and equipment 19,639,797 OTHER ASSETS:
Investment in and advance to partnerships 10,072,944 Investment in leveraged equipment leases 156,406 Other assets Loan fees (net) 159,721 Total other assets 10,389,071
$ 76.145.154
EXHIBIT A ACCESS LEASING CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF ASSETS, LIABILITIES, AND SHAREHOLDER'S EQUITY LIABILITIES AND SHAREHOLDER'S EQUITY March31 2016 CURRENT LIABILITIES:
Notes payable tobanks $ 21,285,282 Notes payable 50,000 Accrued interest 25,407 Other payables 911 Total current liabilities 21,361,600 LONG-TERM LIABILITIES Deferred taxes arising from leveraged equipment leases 12 740 Total long-term liabilities 12 740 SHAREHOLDER'S EQUITY Common stock, no par value authorized 3,000 shares; issued and outstanding 3,000 shares 248,000 Unrealizedgain/(loss) (446,051)
Non-controlling interest in subsidiary 1,608,375 Retained earnings 53,360,490 Total shareholder's equity 54,770,814
$ 76.145.154 6/1/2016
EXHIBITB About Access Leasing Corporation -Transferee's Owner Ultimate management authority for Access Leasing Corporation rests with Charles Kremer, the controlling shareholder and President. Mr. Kremer became a Chartered Accountant in 1972 while working for Price Waterhouse in London, England. He began his equipment leasing career with PLM Corporation in 1979, and became President of PLM Financial Services in 1981 which grew to be a major equipment leasing syndicator and which was taken public in 1983. Mr. Kremer founded Access Leasing Corporation in 1984, the same year he became a US citizen. Access specializes in purchasing secondary market equipment leasing transactions from institutional lessors.