40390 Federal Register / Vol. 62, No. 144 / Monday, July 28, 1997 / Notices

personnel to excessive radiation levels

and allow them to initiate appropriate

safety actions. The low probability of an

inadvertent criticality, together with the

licensee’s adherence to GDC 63,

constitutes good cause for granting an

exemption to the requirements of 10

CFR 70.24.

IV

The Commission has determined that,

pursuant to 10 CFR 70.14, this

exemption is authorized by law, will not

endanger life or property or the common

defense and security, and is otherwise

in the public interest; herefore, the

Commission hereby grants the following

exemption:

The Rochester Gas and Electric

Corporation is exempt from the

requirements of 10 CFR 70.24 for the R.

E. Ginna Nuclear Power Plant.

Pursuant to 10 CFR 51.32, the

Commission has determined that the

granting of this exemption will have no

significant impact on the quality of the

human environment 62 FR 38590.

This exemption is effective upon

issuance.

Dated at Rockville, Maryland, this 16th day

of July 1997.

For the Nuclear Regulatory Commission.

Samuel J. Collins,

Director, Office of Nuclear Reactor

Regulation.

[FR Doc. 97–19803 Filed 7–25–97; 8:45 am]

BILLING CODE 7590–01–U

NUCLEAR REGULATORY

COMMISSION

[Docket No.: 070–00698]

Consideration of Amendment Request

To Approve a Site Remediation Plan

for the Westinghouse Electric

Corporation Waltz Mill Site in Madison,

Pennsylvania, and Opportunity for a

Hearing

AGENCY: Nuclear Regulatory

Commission.

ACTION: Notice of consideration of

amendment request to approve a site

remediation plan for the Westinghouse

Electric Corporation Waltz Mill Site in

Madison, Pennsylvania, and

opportunity for a hearing.

The U.S. Nuclear Regulatory

Commission (NRC) is considering

issuance of an amendment to Special

Nuclear Material License No. SNM–770

(SNM–770), issued to Westinghouse

Electric Corporation (the licensee), to

authorize remediation of portions of the

licensee’s Waltz Mill site in Madison,

Pennsylvania.

The licensee is currently authorized

by the NRC to perform activities with

licensed radioactive materials at its

Waltz Mill facility. These activities

primarily support company ongoing

service operations. Because of the

presence of residual radioactive

contamination from past operations

identified in groundwater monitoring

wells, the NRC added this site to its Site

Decommissioning Management Plan

(SDMP) in 1990. The NRC established

and implemented the SDMP to identify

and resolve issues associated with the

timely and effective cleanup of the sites

on the list. Radioactive contamination is

also present in some interior areas of

retired facilities on the site.

The licensee requested an

amendment, by letter dated November

27, 1996, to approve a Remediation

Plan, submitted with the letter, for their

Waltz Mill facility. The licensee has

requested authorization to commence

remediating exterior soil contamination

and contamination in interior retired

areas. The licensee intends to remediate

the interior areas so that they may be

used in the performance of activities

currently authorized by SNM–770, and

to remediate exterior areas by removing

soil contamination and structures, so

that groundwater on the site is no longer

adversely impacted and the site can be

removed from the SDMP. Because the

licensee is actively performing work

under the current license, they are not

requesting release of the site for

unrestricted use nor termination of the

license.

The NRC will require the licensee to

remediate the Waltz Mill to meet NRC’s

decommissioning criteria, and to

maintain effluents and doses within

NRC requirements and as low as

reasonably achievable during the

remediation activities.

Prior to approving the

decommissioning plan, NRC will have

made findings required by the Atomic

Energy Act of 1954, as amended, and

NRC’s regulations. These findings will

be documented in a Safety Evaluation

Report and an Environmental

Assessment. Approval of the

Remediation Plan will be documented

in an amendment to SNM–770.

The NRC hereby provides notice that

this is a proceeding on an application

for amendment of a license falling

within the scope of Subpart L, ‘‘Informal

Hearing Procedures for Adjudications in

Materials and Operator Licensing

Proceedings,’’ of NRC’s rules and

practice for domestic licensing

proceedings in 10 CFR Part 2. Pursuant

to § 2.1205(a), any person whose interest

may be affected by this proceeding may

file a request for a hearing in accordance

with § 2.1205(c). A request for a hearing

must be filed within thirty (30) days of

the date of publication of this Federal

Register notice.

The request for a hearing must be

filed with the Office of the Secretary

either:

1. By delivery to the Docketing and

Service Branch of the Secretary at One

White Flint North, 11555 Rockville

Pike, Rockville, MD 20852–2738; or

2. By mail or telegram addressed to

the Secretary, U.S. Nuclear Regulatory

Commission, Washington, DC 20555.

Attention: Docketing and Service

Branch

In addition to meeting other

applicable requirements of 10 CFR Part

2 of the NRC’s regulations, a request for

a hearing filed by a person other than

an applicant must describe in detail:

1. The interest of the requestor in the

proceeding;

2. How that interest may be affected

by the results of the proceeding,

including the reasons why the requestor

should be permitted a hearing, with

particular reference to the factors set out

in § 2.1205(g);

3. The requestor’s areas of concern

about the licensing activity that is the

subject matter of the proceeding; and

4. The circumstances establishing that

the request for a hearing is timely in

accordance with § 2.1205(c).

In accordance with 10 CFR 2.1205(e),

each request for a hearing must also be

served, by delivering it personally or by

mail, to:

1. The applicant, Westinghouse

Electric Corporation, P.O. Box 355,

Pittsburgh, Pennsylvania 15230,

Attention: Joseph Nardi; and

2. The NRC staff, by delivery to the

Executive Director for Operations, One

White Flint North, 11555 Rockville

Pike, Rockville, MD 20852–2738 or by

mail, addressed to the Executive

Director for Operations, U.S. Nuclear

Regulatory Commission, Washington,

DC 20555.

For further details with respect to this

action, the application for amendment

request is available for inspection at the

NRC’s Public Document Room, 2120 L

Street NW., Washington, DC 20555 or at

NRC’s Region I offices located at 475

Allendale Road, King of Prussia, PA

19406. Persons desiring to review

documents at the Region I Office should

call Ms. Sheryl Villar at (610) 337–5239

several days in advance to assure that

the documents will be readily available

for review.

Dated at Rockville, Maryland this 21st day

of July 1997.
Federal Register / Vol. 62, No. 144 / Monday, July 28, 1997 / Notices 40391

1 15 U.S.C. 78s(b)(1).

2 17 CFR 240.19b–4.

3 In Amendment No. 1, the CBOE submitted to

the Commission the required report detailing open

interest and volume for the past year. See Letter

from Timothy H. Thompson, Senior Attorney,

CBOE, to Deborah Flynn, Attorney, Division of

Market Regulation (‘‘Division’’), SEC, dated July 15,

1996 (‘‘CBOE Amendment No. 1’’).

For the Nuclear Regulatory Commission.

John W. N. Hickey,

Chief, Low-Level Waste and Decommissioning

Projects Branch, Division of Waste

Management, Office of Nuclear Material

Safety and Safeguards.

[FR Doc. 97–19801 Filed 7–25–97; 8:45 am]

BILLING CODE 7590–01–O

PENSION BENEFIT GUARANTY

CORPORATION

Submission of Information Collection

for OMB Review; Comment Request;

Procedures for PBGC Approval of

Multiemployer Plan Amendments

AGENCY: Pension Benefit Guaranty

Corporation.

ACTION: Notice of request for extension

of OMB approval.

SUMMARY: The Pension Benefit Guaranty

Corporation (‘‘PBGC’’) is requesting that

the Office of Management and Budget

(‘‘OMB’’) extend approval, under the

Paperwork Reduction Act, of a

collection of information in its

regulation on Procedures for PBGC

Approval of Plan Amendments (29 CFR

part 4220). This notice informs the

public of the PBGC’s request and solicits

public comment on the collection of

information.

DATES: Comments should be submitted

by August 27, 1997.

ADDRESSES: Comments should be

mailed to the Office of Information and

Regulatory Affairs of the Office of

Management and Budget, Attention:

Desk Officer for Pension Benefit

Guaranty Corporation, Washington, DC

20503. The request for extension will be

available for public inspection at the

Communications and Public Affairs

Department of the Pension Benefit

Guaranty Corporation, suite 240, 1200 K

Street, NW., Washington, DC, 20005–

4026, between 9 a.m. and 4 p.m. on

business days.

FOR FURTHER INFORMATION CONTACT:

Deborah C. Murphy, Attorney, office of

the General Counsel, Pension Benefit

Guaranty Corporation, 1200 K Street,

NW., Washington, DC 20005–4026, 202–

326–4024. (For TTY and TDD, call 800–

877–8339 and request connection to

202–326–4024).

SUPPLEMENTARY INFORMATION: The PBGC

administers the pension plan

termination insurance programs under

Title IV of the Employee Retirement

Income Security Act of 1974, as

amended (‘‘ERISA’’). Section 4220 of

ERISA requires the plan sponsor of a

multiemployer pension plan covered by

Title IV of ERISA to submit for PBGC

review certain plan amendments

authorized by ERISA sections 4201

through 4219. Plan amendments under

those sections deal with modification of

the statutory provisions regarding when

a withdrawal from a multiemployer

plan occurs and how the withdrawing

employer’s withdrawal liability is

determined. Any such amendment is

effective only if, within 90 days after

receiving notice and a copy of the

amendment, the PBGC approves it or

fails to disapprove it. The PBGC may

disapprove an amendment only if it

determines that the amendment creates

an unreasonable risk of loss to plan

participants and beneficiaries or to the

PBGC.

The PBGC’s regulation on Procedures

for PBGC Approval of Plan

Amendments (29 CFR part 4220)

includes, in § 4220.3, rules for

requesting the PBGC’s approval of an

amendment. (The regulation may be

accessed on the PBGC’s home page at

http://www.pbgc.gov.) Section

4220.3(d) requires the submission of

information that the PBGC needs to

identify a plan and evaluate the risk of

loss, if any, posed by the amendment

(and, hence, determine whether it

should disapprove the amendment). The

regulation also permits submission of

other information that the plan sponsor

may consider pertinent to the request.

The collection of information under

the regulation has been approved by

OMB under control number 1212–0031.

The PBGC is requesting that OMB

extend its approval for three years. The

PBGC estimates that it receives three

submissions annually under the

regulation and that each submission

costs the submitting plan about $165 to

have prepared by an outside consultant,

for a total annual cost burden of $495.

Issued in Washington, DC, this 23rd day of

July, 1997.

David M. Strauss,

Executive Director, Pension Benefit Guaranty

Corporation.

[FR Doc. 97–19812 Filed 7–25–97; 8:45 am]

BILLING CODE 7708–01–P

SECURITIES AND EXCHANGE

COMMISSION

Sunshine Act Meeting

FEDERAL REGISTER CITATION OF PREVIOUS

ANNOUNCEMENT: (62 FR 39040, July 21,

1997).

STATUS: Closed Meeting.

PLACE: 450 Fifth Street, N.W.,

Washington, D.C.

DATE PREVIOUSLY ANNOUNCED: July 21,

1997.

CHANGE IN THE MEETING: Cancellation of

Meeting.

The closed meeting scheduled for

Thursday, July 24, 1997, at 3:00 p.m.,

has been cancelled.

At times, changes in Commission

priorities require alterations in the

scheduling of meeting items. For further

information and to ascertain what, if

any, matters have been added, deleted

or postponed, please contact: The Office

of the Secretary (202) 942–7070.

Dated: July 24, 1997.

Johnathan G. Katz,

Secretary.

[FR Doc. 97–19966 Filed 7–24–97; 3:31 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 34–38856; File Nos. SR-Amex97–24; SR–CBOE–97–31; SR–PCX–97–30;

and SR–Phlx–97–33]

Self-Regulatory Organizations; Notice

of Filing and Order Granting

Accelerated Approval of Proposed

Rule Changes by the American Stock

Exchange, Inc., Chicago Board

Options Exchange, Inc., Pacific

Exchange, Inc., and Philadelphia Stock

Exchange, Inc.; Relating to an

Extension of the 21⁄2 Point Strike Price

Pilot Program

July 21, 1997.

Pursuant to Section 19(b)(1) of the

Securities Exchange Act of 1934

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on July 8,

1997, the American Stock Exchange,

Inc. (‘‘Amex’’); on July 10, 1997, the

Chicago Board Options Exchange, Inc.

(‘‘CBOE’’); on July 10, 1997, the Pacific

Exchange, Inc. (‘‘PCX’’); and on July 10,

1997, the Philadelphia Stock Exchange,

Inc. (‘‘Phlx’’) (collectively the

‘‘Exchanges’’) filed with the Securities

and Exchange Commission (‘‘SEC’’ or

‘‘Commission’’) the proposed rule

changes as described in Items I and II

below, which Items have been prepared

by the Exchanges. The CBOE submitted

to the Commission Amendment No. 1 to

its proposal on July 17, 1997 3 and

Amendment No. 2 to its proposal on