ML20147D577

Forwards Util Form 8-K,current Repts, & 1214,filed W/Securities & Exchange Commission.Documents Forwarded as Part of Parties Efforts to Keep Board Apprised to Matters Re Facility.Related Correspondence

ML20147D577
Person / Time
Site:	Comanche Peak
Issue date:	01/14/1988
From:	Wooldridge R WORSHAM, FORSYTHE, SAMPELS & WOOLRIDGE (FORMERLY
To:	Bloch P, Jordan W, Mccollom K Atomic Safety and Licensing Board Panel
References
CON-#188-5355 OL, NUDOCS 8801200221
Download: ML20147D577 (5)

Text

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TIMOTMY A MACK January 14,1988 Peter B. Bloch, Esquire Dr. Kenneth A. McCollom Chairman Administrative Judge Atomic Safety and Licensing Board 1107 West Knapp U.S. Nuclear Regulatory Commission Stillwater, Oklahoma 74075 Washington, D.C. 20555 Dr. Walter H. Jordan Elizabeth B. Johnson c/o Carib Terrace Motel Oak Ridge National Laboratory 522 N. Ocean Boulevard P. O. Box X, Building 3500 Pompano Beach, Florida 33062 Oak Ridge, Tennessee 37830 Re: Texas Utilities Electric Company, et al (Comanche Peak Steam Electric Station, Units 1 & 2); Docket Nos. 50-445 and 50-446 - Ob

Dear Administrative Judges:

As a matter of information, I am enclosing copies of Texas Util:. ties Electric Company's Form 8-K, Current Reports, dated November 18, 1987 and December 14,1987, respectively, filed with the Securities and Exchange Commission.

These documents are being sent to you as a part of the parties' efforts to keep the Board apprised as to matters that may be of interest concerning the Comanche Peak Steam Electric Station.

Respec lly submitted, Robert A. Wooldridg RAW /kiw Enclosures cc: Service List ffk Y.

O D503

s SECURITIES AND EXCHANGE COMMISSION Was hi ngton, D.C . 20549 l

FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ,

Date of Report (Date of eart lest event reported) - November 18, 1987 TEXAS UTILITICS ELECTRIC C0&ANY (Exact name of registrant as specified in its charter)

TEXAS 0-11442 75-1837355

( 1. R. S. Empl oye r (State or other Jurisdiction (Ccmmi s si on of incorporation) File Nunber) loentification No.)

2001 BRYAN TOWER, DALLAS, TEXAS 75201 (Addres of principal executive of fices)

Registrant's telephone nunber, including area code - (214) 812-4600 I

1

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,t ITEM 5. OTIER EVENTS.

Reference is made to the Company's 1986 Form 10-K in item 1.

Business under Peak Load and Capability and under Cmanche Peak Nucl ear Generating Station, in Item 2. Properties under Construction Progra and in item 8 under Note 10' to Financial S t at em en t s . Refe?ence is al so made to the Company's Form 10-Q for the quarter nded Septaber 30, 1987 in item I under Note 8 to F inancial S tatements and i n i tem 5.

The Company, which is the principal subsi diary of Texas Utilities Capany, is constructing two nuclear-fueled generating units at the Cmanche Peak Nuclear Generating Station (Comanche Peak). Each unit has been designed for a capability of 1,150 megawatts. This project is subject to the Jurisdiction of the Nuclear Regu!atory Canmission (NRC). NRC regulations govern the granting of licenses for the construction and operation of nuclear power plants.

On November 18, 1987, the NRC's Atomic Saf ety and Licensing Board considering the C ompan y's application for oper a t ing licenses for Comanche Peak entered a Memorandum and Order establishing a schedule for li ti gation of the one remai ning contention in such proceeding, which relates to the Capany's

,~ quality assurance / quality control program at the plant. Based upon such schedule, and considering the Capan y' s current schedule for the completion of reports on which the hearings will be ba s ed , the Capany has concluded that its current projected date /or comercial operation of Unit 1 of Comanche Peak in early 1969 is no longer achievable.

The Ccmpany, in connection with its annual review of its construction ,nroram, is currently reviewing its cost estimates for the empletion of the two Comanche Peak generating units and i

expects to annomce revisions in ear 1y 1988. At present, the C a pany does not believe that the licensing process can be completed in time f or commercial operation of Unit I until af ter the sumer ' peak of 1989 and is therefore making other arrangements to supply customer needs during such period.

' S IGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to bs signed on its behalf by the undersigned thereunto duly authorized.

TEXAS UTIL ITIES ELECTRIC COMP ANY i

Date: November 25, 1987 By /s/ H. Jarrell Gibbs H. Jarrell Gibbs

! Treasurer and Assistant Secretary i

l

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) - December 14, 1987 f

l

( TEXAS UTILITIES ELECTRIC COMPANY l (Exact name of registrant as specified in its charter)

TEXAS 0-11442 75-1837355 l

' (State or other Jurisdiction (Conni s s ion (i.R.S. Employer of incorporation) File Number) Identification No.)

2001 ERYAN TOWER, DALLAS, TEXAS 75201 (Address of principal executive offices) l l Registrant's telephone number, including area code - (214) 812-4600

{

ITEM 5. OTHER EVENTS.

Reference is made to the Company's 1986 Form 10-K in item 1.

Business under Peak load and Capability and under Comanche Peak Nuclear Generating Station, in item 2. Properties under Construction Program and in item 8. under Note 10 to F!nancial Statements. Reference is also made to the Company's Form 10-Q for the quarter ended September 30, 1987 in Item 1. under Note 8 to Fiaanelal Statements and in item 5 The Company, which is the principal subsidiary of Texas Utilities Company, is constructing two nuclear-fueled generating units at the Comanche Peak Nuclear Generating Station (Comanche Perk). The Company owns an 87 5/6% interest in such facility, s Other owners of Comanche Peak are the Texas Municipal Pewcr i Agency, Brazos Electric Power Cooperative, Inc., and Tex-La Electric Cooperative of Texas, Inc., which own 6.2%, 3.8%

and 2 1/6% interests, respectively.

Effective December 14, 1987, the Company entered into an agreement with Gibbs & Hill, Inc. (Gibbs & Hill) to settle claims against Gibbs & Hill relating to engineering and design services performed by it for Comanche Peak. Gibbs & hill was the original architect-engineer for the Comanche Peak project. Under terms of the s e t t l emer,t , the Company and the other owners of the Comanche Peak project will receive a total of $25 million in cash, deferred payments and future engineering services which will be provided to the Company on non-nuclear projects.

SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

TEXAS UTILITIES ELECTRIC COMPANY Date December 18, 1987 By M N. Jarrell Gibbs Treasurer and Assistant Secretary