ML20137C141

Responds to 970310 Ltr Re Decommissioning Funding Assurance Review of Proposed Changes to Reed College Standby Trust Agreement.Proposed Standby Trust Agreement,Acceptable

ML20137C141
Person / Time
Site:	Reed College
Issue date:	03/20/1997
From:	Mendonca M NRC (Affiliation Not Assigned)
To:	Mcfarlane E REED COLLEGE, PORTLAND, OR
References
TAC-M79578, NUDOCS 9703240162
Download: ML20137C141 (2)

Text

_ _ _

a March 20, 1997x. '

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Mr. Edwin 0. McFarlane .

Vice President / Treasurer - -

Reed College r t , ',

3203 SE Woodstock Blvd. '_ .

Portland, Oregon 97202 'V , i

SUBJECT:

' DECOMMISSIONING FUNDING ASSURANCE REVIEW 0F; PROPOSED' CHANGES T0' REED COLLEGE STANDBY TRUST AGREEMENT-(TAC _N0.-M79578) .

Dear Mr. McFarlane:

This letter is in response to a March 10, 1997, letter f' rom Stoel Rives, LLP, attorneys that you requested to contact us on the subject matter. We have reviewed the proposed standby trust agreement between Reed College and Bankers Trust Company. This proposed standby trust agreement satisfies the decommissioning funding assurance requirements of 10 CFR 50.75, and,

, therefore, is acceptable.

i Sincerely, Original signed by:  ;

Marvin M. Mendonca, Senior Project Manager l Non-Power Reactors and Decommissioning l Project Directorate t Division of Reactor Program Management Office of Nuclear Reactor Regulation j cc: Mr. Stephen G. Frantz, RC Mr. Richard D. Bach, SR, LLP 1

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1 g '4 UNITED STATES s* j NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20066 0001 March 20, 1997 Mr. Edwin 0. McFarlane Vice President / Treasurer Reed College 3203 SE Woodstock Blvd.

Portland, Oregon 97202

SUBJECT:

DECOMMISSIONING FUNDING ASSURANCE REVIEW 0F PROPOSED CHANGES TO REED COLLEGE STANDBY TRUST AGREEMENT (TAC N0. M79578)

Dear Mr. McFarlane:

This letter is in response to a March 10, 1997, letter from Stoel Rives, LLP, attorneys that you requested to contact us on the subject matter. We have reviewed the proposed standby trust agreement between Reed College and Bankers Trust Company. This proposed standby trust agreement satisfies the decommissioning funding assurance requirements of 10 CFR 50.75, and, therefore, is acceptable.

Sincerely, dw Marvin M. Mendonca, Senior Project Manager Non-Power Reactors and Decommissioning Project Directorate Division of Reactor Pregram Management Office of Nuclear Reactor Regulation cc: Mr. Stephen G. Frantz, RC Mr. Richard D. Bach, SR, LLP i

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