Advisory Committee on Reactor Safeguards; Joint Meeting of the Subcommittees on Plant License Renewal and on Plant Operations; Notice of Meeting, 54589-54590 [E5-5021]
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Federal Register / Vol. 70, No. 178 / Thursday, September 15, 2005 / Notices
remediated, surveyed and demolished.
CY is less than one year from
demolishing the administrative building
where many of the records are stored
and retained. Retaining records
associated with non-existent SSCs and a
non-existent nuclear power generator is
a significant hardship today as records
are shuffled between buildings and
administrative support personnel are
reduced. It will become more of a
hardship and cost increase as they must
make provisions for offsite storage well
in advance of building demolition.
10 CFR 50.12(a)(2)(vi)
‘‘There is present any other material
circumstances not considered when the
regulation was adopted for which it
would be in the public interest to grant
an exemption.’’
First, the cost associated with
maintaining records that no longer serve
a safety purpose can be significant,
particularly for a facility at an advanced
stage in the decommissioning process.
Decommissioning costs, including
record maintenance, are paid by the
ratepayers throughout the multi-state
region that benefitted from the power
produced by the HNP when it was
operating. Since HNP is no longer
generating electric power and is in
decommissioning, the requested records
exemption helps towards maintaining a
cost-efficient decommissioning.
Second, elimination of these records
ensures their future unavailability to
individuals and groups interested in
adversely affecting commercial nuclear
facilities.
4.0 Conclusion
Based on its evaluation, the staff
concludes the requirements for a
specific exemption in 10 CFR 50.12
have been satisfied.
The staff concludes that the requested
exemption from the recordkeeping
requirements of 10 CFR Part 50
Appendix A, Criterion 1, 10 CFR Part
50, Appendix B Criterion XVII, and 10
CFR 50.59(d)(3), will not present an
undue risk to the public health and
safety. The destruction of the identified
records will not impact remaining
decommissioning activities; plant
operations, configuration, and/or
radiological effluents; operational and/
or installed SSCs that are quality-related
or important to safety; or nuclear
security.
Further, the staff concludes that the
destruction of the identified records is
administrative in nature and does not
involve information or activities that
could potentially impact the common
defense and security of the United
States.
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The staff agrees that an underlying
purpose of the record keeping
regulations in 10 CFR Part 50, Appendix
A, Criterion 1, 10 CFR Part 50,
Appendix B, Criterion XVII, and 10 CFR
50.59(d)(3) is to ensure that the NRC
staff has access to information in order
for the NRC to perform its regulatory
functions including inspection and
licensing. For example, in the event of
any accident, incident, or condition that
could impact public health and safety,
the records would assist in the
protection of public health and safety
during recovery from the given accident,
incident, or condition, and also could
help prevent future events or conditions
at the site adversely impacting public
health and safety. Because the CY–HNP
reactor primary systems, including the
reactor vessel, steam generators,
pressurizer, reactor coolant pumps and
piping, and their associated support
systems have been removed for offsite
disposal or resale, there are no longer
regulatory functions for NRC to perform
associated with these systems or
components. Thus, the records
identified in the exemption would not
provide the NRC with information for
carrying out its regulatory function. To
the extent that CY had sold components,
the new user of the components may
have need for the associated records,
however, that is an issue for the new
owner and not a regulatory issue under
CY’s license.
Therefore, the Commission grants CY
the requested exemption to the
recordkeeping requirements of 10 CFR
Part 50 Appendix A, Criterion 1, 10 CFR
50 Appendix B, Criterion XVII, and 10
CFR 50.59(d)(3), as described in the
February 16, 2005, letter. Specifically,
pursuant to the requirements of 10 CFR
50.12, CY is exempted from the record
retention requirements of 10 CFR Part
50 Appendix A, Criterion I, 10 CFR Part
50 Appendix B, Criterion XVII, and 10
CFR 50.59(d)(3) for: (1) Records
pertaining to structures, systems, and
components, or activities associated
with the nuclear power unit and
associated support systems that no
longer exist at the CY site; and (2)
records pertaining to the spent fuel pool
and associated support systems for the
safe storage of fuel in the spent fuel pool
after the spent nuclear fuel and GTCC
has been completely transferred from
the spent fuel pool and the spent fuel
pool is ready for demolition. This
exemption does not apply to any
recordkeeping requirements for storage
of spent fuel at the CY ISFSI under 10
CFR Part 50 or the general requirements
of 10 CFR Part 72. In addition, this
exemption does not apply to any
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54589
records reflecting spills, releases or
other information relevant to remaining
decommissioning requirements and
activities at the CY site.
Pursuant to 10 CFR 51.32, the
Commission has determined that the
granting of this exemption will not have
a significant effect on the quality of the
human environment as documented in
Federal Register (70 FR 53258,
September 7, 2005).
This exemption is effective upon
issuance.
Dated at Rockville, Maryland, this 9th day
of September, 2005.
For the Nuclear Regulatory Commission.
Claudia M. Craig,
Acting Deputy Director, Decommissioning
Directorate, Division of Waste Management
and Environmental Protection, Office of
Nuclear Material Safety and Safeguards.
[FR Doc. E5–5023 Filed 9–14–05; 8:45 am]
BILLING CODE 7590–01–P
NUCLEAR REGULATORY
COMMISSION
Advisory Committee on Reactor
Safeguards; Joint Meeting of the
Subcommittees on Plant License
Renewal and on Plant Operations;
Notice of Meeting
The ACRS Subcommittees on Plant
License Renewal and on Plant
Operations will hold a joint meeting on
September 21, 2005, Room T–2B3,
11545 Rockville Pike, Rockville,
Maryland.
The entire meeting will be open to
public attendance.
The agenda for the subject meeting
shall be as follows:
Wednesday, September 21, 2005—
8:30 a.m. until 5 p.m.
The purpose of this meeting is to
gather information regarding the current
status and condition of Browns Ferry
Unit 1 in preparation for ACRS reviews
of the license renewal application for
Browns Ferry Units 1, 2, and 3, and the
restart of Browns Ferry Unit 1. The
Subcommittees will hear presentations
by and hold discussions with
representatives of the NRC staff,
Tennessee Valley Authority, and other
interested persons regarding this matter.
The Subcommittees will gather
information, analyze relevant issues and
facts, and formulate proposed positions
and actions, as appropriate, for
deliberation by the full Committee.
Members of the public desiring to
provide oral statements and/or written
comments should notify the Designated
Federal Official, Mr. Cayetano Santos
(telephone 301/415–7270) five days
prior to the meeting, if possible, so that
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54590
Federal Register / Vol. 70, No. 178 / Thursday, September 15, 2005 / Notices
appropriate arrangements can be made.
Electronic recordings will be permitted.
Further information regarding this
meeting can be obtained by contacting
the Designated Federal Official between
7:30 a.m. and 4:15 p.m. (ET). Persons
planning to attend this meeting are
urged to contact the above named
individual at least two working days
prior to the meeting to be advised of any
potential changes to the agenda.
Dated: September 8, 2005.
Michael L. Scott,
Branch Chief, ACRS/ACNW.
[FR Doc. E5–5021 Filed 9–14–05; 8:45 am]
BILLING CODE 7590–01–P
PENSION BENEFIT GUARANTY
CORPORATION
Required Interest Rate Assumption for
Determining Variable-Rate Premium;
Interest Assumptions for
Multiemployer Plan Valuations
Following Mass Withdrawal
Pension Benefit Guaranty
Corporation.
ACTION: Notice of interest rates and
assumptions.
AGENCY:
SUMMARY: This notice informs the public
of the interest rates and assumptions to
be used under certain Pension Benefit
Guaranty Corporation regulations. These
rates and assumptions are published
elsewhere (or can be derived from rates
published elsewhere), but are collected
and published in this notice for the
convenience of the public. Interest rates
are also published on the PBGC’s Web
site (https://www.pbgc.gov).
DATES: The required interest rate for
determining the variable-rate premium
under part 4006 applies to premium
payment years beginning in September
2005. The interest assumptions for
performing multiemployer plan
valuations following mass withdrawal
under part 4281 apply to valuation dates
occurring in October 2005.
FOR FURTHER INFORMATION CONTACT:
Catherine B. Klion, Attorney, Legislative
and Regulatory Department, Pension
Benefit Guaranty Corporation, 1200 K
Street, NW., Washington, DC 20005,
202–326–4024. (TTY/TDD users may
call the Federal relay service toll-free at
1–800–877–8339 and ask to be
connected to 202–326–4024.)
SUPPLEMENTARY INFORMATION:
Variable-Rate Premiums
Section 4006(a)(3)(E)(iii)(II) of the
Employee Retirement Income Security
Act of 1974 (ERISA) and § 4006.4(b)(1)
of the PBGC’s regulation on Premium
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15:03 Sep 14, 2005
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Rates (29 CFR part 4006) prescribe use
of an assumed interest rate (the
‘‘required interest rate’’) in determining
a single-employer plan’s variable-rate
premium. Pursuant to the Pension
Funding Equity Act of 2004, for
premium payment years beginning in
2004 or 2005, the required interest rate
is the ‘‘applicable percentage’’
(currently 85 percent) of the annual rate
of interest determined by the Secretary
of the Treasury on amounts invested
conservatively in long-term investment
grade corporate bonds for the month
preceding the beginning of the plan year
for which premiums are being paid.
Thus, the required interest rate to be
used in determining variable-rate
premiums for premium payment years
beginning in September 2005 is 4.61
percent (i.e., 85 percent of the 5.42
percent composite corporate bond rate
for August 2005 as determined by the
Treasury).
The following table lists the required
interest rates to be used in determining
variable-rate premiums for premium
payment years beginning between
October 2004 and September 2005.
For premium payment years
beginning in:
The interest
rate is:
October 2004 ........................
November 2004 ....................
December 2004 ....................
January 2005 ........................
February 2005 ......................
March 2005 ...........................
April 2005 .............................
May 2005 ..............................
June 2005 .............................
July 2005 ..............................
August 2005 .........................
September 2005 ...................
4.79
4.73
4.75
4.73
4.66
4.56
4.78
4.72
4.60
4.47
4.56
4.61
Multiemployer Plan Valuations
Following Mass Withdrawal
The PBGC’s regulation on Duties of
Plan Sponsor Following Mass
Withdrawal (29 CFR part 4281)
prescribes the use of interest
assumptions under the PBGC’s
regulation on Allocation of Assets in
Single-Employer Plans (29 CFR part
4044). The interest assumptions
applicable to valuation dates in October
2005 under part 4044 are contained in
an amendment to part 4044 published
elsewhere in today’s Federal Register.
Tables showing the assumptions
applicable to prior periods are codified
in appendix B to 29 CFR part 4044.
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Issued in Washington, DC, on this 9th day
of September 2005.
Vincent K. Snowbarger,
Deputy Executive Director, Pension Benefit
Guaranty Corporation.
[FR Doc. 05–18327 Filed 9–14–05; 8:45 am]
BILLING CODE 7708–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
27060; 812–13134]
Marshall Funds, Inc., et al.; Notice of
Application
September 8, 2005.
Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice of application for an
order under the Investment Company
Act of 1940 (the ‘‘Act’’) under: (i)
Section 6(c) of the Act granting an
exemption from sections 18(f) and 21(b)
of the Act; (ii) section 12(d)(1)(J) of the
Act granting an exemption from sections
12(d)(1)(A) and (B) of the Act; (iii)
sections 6(c) and 17(b) of the Act
granting an exemption from sections
17(a)(1) and 17(a)(3) of the Act; and (iv)
section 17(d) of the Act and rule 17d-1
under the Act to permit certain joint
transactions.
AGENCY:
Summary of Application: Applicants
request an order that would permit
certain registered open-end management
investment companies to participate in
a joint lending and borrowing facility.
Applicants: Marshall Funds, Inc., M&I
Investment Management Corp. (‘‘M&I
Investment Management’’), and
Marshall & Ilsley Trust Company, N.A.
(‘‘M&I Trust’’).
Filing Dates: The application was
filed on November 3, 2004, and
amended on September 8, 2005.
Hearing or Notification of Hearing: An
order granting the application will be
issued unless the Commission orders a
hearing. Interested persons may request
a hearing by writing to the
Commission’s Secretary and serving
applicants with a copy of the request,
personally or by mail. Hearing requests
should be received by the Commission
by 5:30 p.m. on October 4, 2005, and
should be accompanied by proof of
service on the applicants, in the form of
an affidavit or, for lawyers, a certificate
of service. Hearing requests should state
the nature of the writer’s interest, the
reason for the request, and the issues
contested. Persons who wish to be
notified of a hearing may request
notification by writing to the
Commission’s Secretary.
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15SEN1
]]>Agencies
[Federal Register Volume 70, Number 178 (Thursday, September 15, 2005)]
[Notices]
[Pages 54589-54590]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-5021]
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NUCLEAR REGULATORY COMMISSION
Advisory Committee on Reactor Safeguards; Joint Meeting of the
Subcommittees on Plant License Renewal and on Plant Operations; Notice
of Meeting
The ACRS Subcommittees on Plant License Renewal and on Plant
Operations will hold a joint meeting on September 21, 2005, Room T-2B3,
11545 Rockville Pike, Rockville, Maryland.
The entire meeting will be open to public attendance.
The agenda for the subject meeting shall be as follows:
Wednesday, September 21, 2005--8:30 a.m. until 5 p.m.
The purpose of this meeting is to gather information regarding the
current status and condition of Browns Ferry Unit 1 in preparation for
ACRS reviews of the license renewal application for Browns Ferry Units
1, 2, and 3, and the restart of Browns Ferry Unit 1. The Subcommittees
will hear presentations by and hold discussions with representatives of
the NRC staff, Tennessee Valley Authority, and other interested persons
regarding this matter. The Subcommittees will gather information,
analyze relevant issues and facts, and formulate proposed positions and
actions, as appropriate, for deliberation by the full Committee.
Members of the public desiring to provide oral statements and/or
written comments should notify the Designated Federal Official, Mr.
Cayetano Santos (telephone 301/415-7270) five days prior to the
meeting, if possible, so that
[[Page 54590]]
appropriate arrangements can be made. Electronic recordings will be
permitted.
Further information regarding this meeting can be obtained by
contacting the Designated Federal Official between 7:30 a.m. and 4:15
p.m. (ET). Persons planning to attend this meeting are urged to contact
the above named individual at least two working days prior to the
meeting to be advised of any potential changes to the agenda.
Dated: September 8, 2005.
Michael L. Scott,
Branch Chief, ACRS/ACNW.
[FR Doc. E5-5021 Filed 9-14-05; 8:45 am]
BILLING CODE 7590-01-P
