ML17059C679: Difference between revisions

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{{#Wiki_filter:UNITEDSTATESOFAMERICANUCLEARREGULATORYCOMMISSIONIntheMatterofCENTRALHUDSONGAS&'DocketNo.50-410.'ELECTRICCORPORATION.(NineMilePointNuclear)StationUnitNo.2)'EQUESTFOREXTENSIONOFTHEEXPIRATION'FTHEORDER,DATEDJULY19,1998,StevenV.LantChiefFinancialOfficer,TreasurerandSecretary.CentralHudsonGas&ElectricCorporation~284SouthAvenuePoughkeepsie,NewYork12601-4879,Telephone:(914)486-5254WilliamP.Reilly,Esq.Gould&WilkieOneChaseManhattanPlaza"NewYork,NewYork10005-1401,.Telephone:(212)344-5680.June7,1999990b090f59990b07PDRADQCK050004l0HPDRE:NCORPSECSWHALENLLANTLLETTERSNLICENSE.NRC  
{{#Wiki_filter:UNITEDSTATESOFAMERICANUCLEARREGULATORYCOMMISSIONIntheMatterofCENTRALHUDSONGAS&'DocketNo.50-410.'ELECTRICCORPORATION.(NineMilePointNuclear)StationUnitNo.2)'EQUESTFOREXTENSIONOFTHEEXPIRATION'FTHEORDER,DATEDJULY19,1998,StevenV.LantChiefFinancialOfficer,TreasurerandSecretary.CentralHudsonGas&ElectricCorporation~284SouthAvenuePoughkeepsie,NewYork12601-4879,Telephone:(914)486-5254WilliamP.Reilly,Esq.Gould&WilkieOneChaseManhattanPlaza"NewYork,NewYork10005-1401,.Telephone:(212)344-5680.June7,1999990b090f59990b07PDRADQCK050004l0HPDRE:NCORPSECSWHALENLLANTLLETTERSNLICENSE.NRC  
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UNITEDSTATESOFAMERICANUCLEARREGULATORYCOMMISSIONIntheMatterofCENTRALHUDSONGAS'&)DocketNo.50-410ELECTRICCORPORATION(NineMilePointNuclearStationUnitNo.2)REQUESTFOREXTENSIONOFTHEEXPIRATIONOFTHEORDER,DATEDJULY19,1998,I.INTRODUCTIONBy-Order,datedJuly19,1998("NRCOrder"),theNuclearRegulatoryCommission("Commission")approvedCentralHudsonGas8ElectricCorporation's("Applicant")Application,datedApril8,1998,asresubmittedandsupplemented("Application"),regardingApplicant'spr'oposedholdingcompanyrestructuring("HoldingCompanyRestructuring").TheNRCOrderbecomesnullandvoidifsuchRestructuringisnotcompletedbyJuly19,1999,butpermitsextensionofsuchdate"onapplicationandforgoodcauseshown".SeePartIIIoftheNRCOrder.II.EXTENSIONREQUESTThisisanApplicationforextensionofsuchexpirationdatetoandincludingJune30,2000("Extension")forthefollowingreasons:InParagraphVIB6oftheAmendedandRestatedSettlementAgreement("SettlementAgreement"),referredtoinPartIIoftheNRCOrder,theNewYorkPublicServiceCommission("PSC")permittedApplicanttoinvest$100millioninitsunregulatedsubsidiaries;butonlypriortothedatetheHoldingCompanyRestructuringiseffected.Applicant,asofMay31',1999,hassoinvested$25.5millioninunregulatedsubsidiaries,whichsubsidiaries,inturn,haveacquiredutilityrelatedassets.Theprocessofmakingsuchinvestmentsmeetthe'long-rangegoalsofApplicantdependsonmarketconditions.Asaresult,Applicant'sinvestmentschedulehasbeenextended.IfApplicantwerenowtoeffecttheHolding'ompanyRestructuring,itwouldnolongerbeabletoinvesttheremaining$74.5millionofsuchfundspursuanttosaidParagraphVIB6("Remainder").Applicantexpectstohavesuitableinvestmentsmadethroughitsunregulatedsubsidiariesbytheendof1999toexhaustallormostoftheRemainder;however,noassurancecanbegiven.E<NCORPSECKWHALENNLANT5LETTERSLL?CENSE.NRC 1'<1stPu'bW'*P<<,g VIIIII.NOMATERIALCHANGEFROMAPPLICATIONTherehavebeennomaterialchangesfromthefacts=-setforthintheApplication.However,thePSCdidissueafurtherOrder(issuedandeffectiveJune30,1998)whichexplainsitsearlierOrder(issuedandeffectiveFebruary19,1998)ingreaterdetail.ThePSCinitsJune30,1998Order,statedthatitreaffirmeditsFebruary19,1998Order.AcopyofthePSC'sJune30,1998Orderisattached.'IIV.REQUESTFOREXPEDITEDCONSIDERATIONApplicantrespectfullyrequestsexpeditedconsiderationofthisApplication,butnolaterthanJuly18,1999.NV.CONCLUSIONApplicantbelievesthattheinformationcontainedinthisApplicationrepresents"goodcauseshown"forthereliefrequestedandwillbesufficientfortheNRCtograntitsconsenttotheExtensionaspromptlyaspossible.Respectfullysubmitted,CENTRALHUDSONGAS8ELECTRICCORPORATIONByName:StevenV.LantTitle:ChiefFinancialOfficer,TreasurerandSecretary.WilliamP.Reilly,Esq.Gould8WilkieLLPOneChaseManhattanPlaza.NewYork,NewYork10005-1401Telephone:(212)344-5680June7,1999N'BchCORPSECKEHALENK~TKLETTBRSKLICEBSB.NRC 0r,l  
UNITEDSTATESOFAMERICANUCLEARREGULATORYCOMMISSIONIntheMatterofCENTRALHUDSONGAS'&)DocketNo.50-410ELECTRICCORPORATION(NineMilePointNuclearStationUnitNo.2)REQUESTFOREXTENSIONOFTHEEXPIRATIONOFTHEORDER,DATEDJULY19,1998,I.INTRODUCTIONBy-Order,datedJuly19,1998("NRCOrder"),theNuclearRegulatoryCommission("Commission")approvedCentralHudsonGas8ElectricCorporation's("Applicant")Application,datedApril8,1998,asresubmittedandsupplemented("Application"),regardingApplicant'spr'oposedholdingcompanyrestructuring("HoldingCompanyRestructuring").TheNRCOrderbecomesnullandvoidifsuchRestructuringisnotcompletedbyJuly19,1999,butpermitsextensionofsuchdate"onapplicationandforgoodcauseshown".SeePartIIIoftheNRCOrder.II.EXTENSIONREQUESTThisisanApplicationforextensionofsuchexpirationdatetoandincludingJune30,2000("Extension")forthefollowingreasons:InParagraphVIB6oftheAmendedandRestatedSettlementAgreement("SettlementAgreement"),referredtoinPartIIoftheNRCOrder,theNewYorkPublicServiceCommission("PSC")permittedApplicanttoinvest$100millioninitsunregulatedsubsidiaries;butonlypriortothedatetheHoldingCompanyRestructuringiseffected.Applicant,asofMay31',1999,hassoinvested$25.5millioninunregulatedsubsidiaries,whichsubsidiaries,inturn,haveacquiredutilityrelatedassets.Theprocessofmakingsuchinvestmentsmeetthe'long-rangegoalsofApplicantdependsonmarketconditions.Asaresult,Applicant'sinvestmentschedulehasbeenextended.IfApplicantwerenowtoeffecttheHolding'ompanyRestructuring,itwouldnolongerbeabletoinvesttheremaining$74.5millionofsuchfundspursuanttosaidParagraphVIB6("Remainder").Applicantexpectstohavesuitableinvestmentsmadethroughitsunregulatedsubsidiariesbytheendof1999toexhaustallormostoftheRemainder;however,noassurancecanbegiven.E<NCORPSECKWHALENNLANT5LETTERSLL?CENSE.NRC 1'<1stPu'bW'*P<<,g VIIIII.NOMATERIALCHANGEFROMAPPLICATIONTherehavebeennomaterialchangesfromthefacts=-setforthintheApplication.However,thePSCdidissueafurtherOrder(issuedandeffectiveJune30,1998)whichexplainsitsearlierOrder(issuedandeffectiveFebruary19,1998)ingreaterdetail.ThePSCinitsJune30,1998Order,statedthatitreaffirmeditsFebruary19,1998Order.AcopyofthePSC'sJune30,1998Orderisattached.'IIV.REQUESTFOREXPEDITEDCONSIDERATIONApplicantrespectfullyrequestsexpeditedconsiderationofthisApplication,butnolaterthanJuly18,1999.NV.CONCLUSIONApplicantbelievesthattheinformationcontainedinthisApplicationrepresents"goodcauseshown"forthereliefrequestedandwillbesufficientfortheNRCtograntitsconsenttotheExtensionaspromptlyaspossible.Respectfullysubmitted,CENTRALHUDSONGAS8ELECTRICCORPORATIONByName:StevenV.LantTitle:ChiefFinancialOfficer,TreasurerandSecretary.WilliamP.Reilly,Esq.Gould8WilkieLLPOneChaseManhattanPlaza.NewYork,NewYork10005-1401Telephone:(212)344-5680June7,1999N'BchCORPSECKEHALENK~TKLETTBRSKLICEBSB.NRC 0r,l}}
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Revision as of 22:40, 18 May 2018

Requests Extension of Expiration of Order,Dtd 980719,issued by Commission for Nmpns,Unit 2
ML17059C679
Person / Time
Site: Nine Mile Point Constellation icon.png
Issue date: 06/07/1999
From: LANT S V
CENTRAL HUDSON GAS & ELECTRIC CORP.
To:
Shared Package
ML17059C680 List:
References
NUDOCS 9906090159
Download: ML17059C679 (6)
v • d • e


Text

UNITEDSTATESOFAMERICANUCLEARREGULATORYCOMMISSIONIntheMatterofCENTRALHUDSONGAS&'DocketNo.50-410.'ELECTRICCORPORATION.(NineMilePointNuclear)StationUnitNo.2)'EQUESTFOREXTENSIONOFTHEEXPIRATION'FTHEORDER,DATEDJULY19,1998,StevenV.LantChiefFinancialOfficer,TreasurerandSecretary.CentralHudsonGas&ElectricCorporation~284SouthAvenuePoughkeepsie,NewYork12601-4879,Telephone:(914)486-5254WilliamP.Reilly,Esq.Gould&WilkieOneChaseManhattanPlaza"NewYork,NewYork10005-1401,.Telephone:(212)344-5680.June7,1999990b090f59990b07PDRADQCK050004l0HPDRE:NCORPSECSWHALENLLANTLLETTERSNLICENSE.NRC

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UNITEDSTATESOFAMERICANUCLEARREGULATORYCOMMISSIONIntheMatterofCENTRALHUDSONGAS'&)DocketNo.50-410ELECTRICCORPORATION(NineMilePointNuclearStationUnitNo.2)REQUESTFOREXTENSIONOFTHEEXPIRATIONOFTHEORDER,DATEDJULY19,1998,I.INTRODUCTIONBy-Order,datedJuly19,1998("NRCOrder"),theNuclearRegulatoryCommission("Commission")approvedCentralHudsonGas8ElectricCorporation's("Applicant")Application,datedApril8,1998,asresubmittedandsupplemented("Application"),regardingApplicant'spr'oposedholdingcompanyrestructuring("HoldingCompanyRestructuring").TheNRCOrderbecomesnullandvoidifsuchRestructuringisnotcompletedbyJuly19,1999,butpermitsextensionofsuchdate"onapplicationandforgoodcauseshown".SeePartIIIoftheNRCOrder.II.EXTENSIONREQUESTThisisanApplicationforextensionofsuchexpirationdatetoandincludingJune30,2000("Extension")forthefollowingreasons:InParagraphVIB6oftheAmendedandRestatedSettlementAgreement("SettlementAgreement"),referredtoinPartIIoftheNRCOrder,theNewYorkPublicServiceCommission("PSC")permittedApplicanttoinvest$100millioninitsunregulatedsubsidiaries;butonlypriortothedatetheHoldingCompanyRestructuringiseffected.Applicant,asofMay31',1999,hassoinvested$25.5millioninunregulatedsubsidiaries,whichsubsidiaries,inturn,haveacquiredutilityrelatedassets.Theprocessofmakingsuchinvestmentsmeetthe'long-rangegoalsofApplicantdependsonmarketconditions.Asaresult,Applicant'sinvestmentschedulehasbeenextended.IfApplicantwerenowtoeffecttheHolding'ompanyRestructuring,itwouldnolongerbeabletoinvesttheremaining$74.5millionofsuchfundspursuanttosaidParagraphVIB6("Remainder").Applicantexpectstohavesuitableinvestmentsmadethroughitsunregulatedsubsidiariesbytheendof1999toexhaustallormostoftheRemainder;however,noassurancecanbegiven.E<NCORPSECKWHALENNLANT5LETTERSLL?CENSE.NRC 1'<1stPu'bW'*P<<,g VIIIII.NOMATERIALCHANGEFROMAPPLICATIONTherehavebeennomaterialchangesfromthefacts=-setforthintheApplication.However,thePSCdidissueafurtherOrder(issuedandeffectiveJune30,1998)whichexplainsitsearlierOrder(issuedandeffectiveFebruary19,1998)ingreaterdetail.ThePSCinitsJune30,1998Order,statedthatitreaffirmeditsFebruary19,1998Order.AcopyofthePSC'sJune30,1998Orderisattached.'IIV.REQUESTFOREXPEDITEDCONSIDERATIONApplicantrespectfullyrequestsexpeditedconsiderationofthisApplication,butnolaterthanJuly18,1999.NV.CONCLUSIONApplicantbelievesthattheinformationcontainedinthisApplicationrepresents"goodcauseshown"forthereliefrequestedandwillbesufficientfortheNRCtograntitsconsenttotheExtensionaspromptlyaspossible.Respectfullysubmitted,CENTRALHUDSONGAS8ELECTRICCORPORATIONByName:StevenV.LantTitle:ChiefFinancialOfficer,TreasurerandSecretary.WilliamP.Reilly,Esq.Gould8WilkieLLPOneChaseManhattanPlaza.NewYork,NewYork10005-1401Telephone:(212)344-5680June7,1999N'BchCORPSECKEHALENK~TKLETTBRSKLICEBSB.NRC 0r,l

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