49264 Federal Register / Vol. 62, No. 182 / Friday, September 19, 1997 / Notices

2.702, 2.714, 2.714a, 2.717 and 2.721 of

the Commission’s Regulations, all as

amended, an Atomic Safety and

Licensing Board is being established in

the following proceeding to rule on

petitions for hearing and for leave to

intervene and to preside over the

proceeding in the event that a hearing

is ordered.

Private Fuel Storage, LLC (Independent

Spent Fuel Storage Installation)

This Board is being established

pursuant to a notice published by the

Commission on July 31, 1997, in the

Federal Register (62 FR 41099). The

proceeding involves an application by

Private Fuel Storage, LLC, for the

issuance of a license for the storage of

spent fuel under the provisions of 10

CFR part 72. The license, if granted,

would authorize the applicant to

possess and store spent fuel in an

independent spent fuel storage

installation that would be located on the

Skull Valley Goshute Indian Reservation

in Skull Valley, Utah.

The Board is comprised of the

following administrative judges:

G. Paul Bollwerk, III, Chairman, Atomic

Safety and Licensing Board Panel,

U.S. Nuclear Regulatory Commission,

Washington, D.C. 20555

Dr. Jerry R. Kline, Atomic Safety and

Licensing Board Panel, U.S. Nuclear

Regulatory Commission, Washington,

D.C. 20555

Thomas D. Murphy, Atomic Safety and

Licensing Board Panel, U.S. Nuclear

Regulatory Commission, Washington,

D.C. 20555

All correspondence, documents and

other materials shall be filed with the

Judges in accordance with 10 CFR

2.701.

Issued at Rockville, Maryland, this 15th

day of September 1997.

B. Paul Cotter, Jr.,

Chief Administrative Judge Atomic Safety and

Licensing Board Panel.

[FR Doc. 97–24915 Filed 9–18–97; 8:45 am]

BILLING CODE 7590–01–P

NUCLEAR REGULATORY

COMMISSION

Public Workshop: Demonstrating

Compliance With the Radiological

Criteria for License Termination—

License Termination Under Restricted

Conditions

AGENCY: Nuclear Regulatory

Commission (NRC).

ACTION: Notice of meeting.

SUMMARY: The NRC will hold a public

workshop in Rockville, Maryland to

receive input from licensees and the

public on a working paper on ‘‘License

Termination Under Restricted

Conditions.’’ This working paper is

being developed as a section of a future

Regulatory Guide, ‘‘Demonstrating

Compliance With the Radiological

Criteria for License Termination.’’ The

Regulatory Guide is being written to

describe an acceptable method to

comply with the NRC’s recent final rule

on Radiological Criteria for License

Termination (62 FR 39058; July 21,

1997). The purpose of the workshop is

to obtain comments, suggestions, and

information from the public on the

approach in the working paper so that

a better Regulatory Guide can be

developed. All interested licensees and

members of the public are invited to

attend this workshop.

DATES: The workshop will be held on

October 15, 1997, beginning at 9 a.m.

and ending at about 5 p.m.

Interested parties, unable to attend the

workshop, are encouraged to provide

written comments by November 30,

1997.

ADDRESSES: The public workshop will

be held in the NRC’s ACRS meeting

room at Two White Flint North, 11545

Rockville Pike, Rockville, Maryland.

The workshop will also be available at

other locations by video-conferencing.

Information on video-conferencing

locations will be posted on the NRC

Technical Conference Forum Website

under the topic ‘‘Final Rule for License

Termination’’ at http://

techconf.llnl.gov/cgi-bin/topics.

A copy of the working paper to be

discussed can be obtained electronically

at the NRC Technical Conference Forum

Website under the topic ‘‘Final Rule for

License Termination’’ at http://

techconf.llnl.gov/cgi-bin/topics or from

the NRC’s Public Document Room, 2120

L Street, NW., (Lower Level),

Washington, DC 20555; telephone 202–

634–3273; fax 202–634–3343.

Comments may be posted

electronically on the NRC Technical

Conference Forum Website mentioned

above. Comments submitted

electronically can also be viewed at that

website.

Comments may also be mailed to the

Chief, Rules and Directives Branch, U.S.

Nuclear Regulatory Commission,

Washington, DC 20555.

FOR FURTHER INFORMATION CONTACT: For

information or questions on meeting

arrangements, contact Jayne

McCausland, Office of Nuclear

Regulatory Research, U.S. Nuclear

Regulatory Commission, Washington,

DC 20555, telephone 301–415–6219, fax

301–415–5385, E-mail:

JMM2@NRC.GOV. For technical

information or questions, contact

Stephen A. McGuire, Office of Nuclear

Regulatory Research, U.S. Nuclear

Regulatory Commission, Washington,

DC 20555, telephone 301–415–6204;

fax: 301–415–5385; E-mail:

SAM2@NRC.GOV.

SUPPLEMENTARY INFORMATION: This

workshop is one of a series of

interactions with the Agreement States,

licensees, and the public to gather

suggestions and ideas to ensure the

success in developing a Regulatory

Guide on ‘‘Demonstrating Compliance

With the Radiological Criteria for

License Termination.’’ The workshop

will begin with a brief introduction on

some of the more important questions

that were considered in developing the

Regulatory Guide working paper on

‘‘License Termination under Restricted

Conditions.’’ After the introduction, the

Working Paper will be reviewed sectionby-section. Attendees will be asked for

questions and comments on each

section. The NRC will ask questions on

the approach that it has developed.

Written comments that have been

received from the public will be

discussed.

Visitor parking around the NRC

building is limited; however, the

workshop site is located adjacent to the

White Flint Station on the Metro Red

Line. Seating for the public will be on

a first-come, first-served basis

A transcript of this workshop will be

available for inspection, and copying for

a fee at the NRC Public Document

Room, 2120 L Street, NW., Lower Level,

Washington, DC 20555, on or about

October 31, 1997.

Dated at Rockville, Maryland this 11th day

of September, 1997.

For the Nuclear Regulatory Commission.

Cheryl A. Trottier,

Chief, Radiation Protection and Health Effects

Branch, Division of Regulatory Applications,

RES.

[FR Doc. 97–24920 Filed 9–18–97; 8:45 am]

BILLING CODE 7590–01–P

NUCLEAR REGULATORY

COMMISSION

Hosting of Information at World Wide

Web Site Currently at FedWorld,

Except for Agency Government

Information Locator System (GILS)

Notice is hereby given that effective

October 1, 1997, the Nuclear Regulatory

Commission (NRC) will begin hosting at

its World Wide Web (WWW) site

(http://www.nrc.gov) agency

information currently posted on the

FedWorld bulletin board system at the
Federal Register / Vol. 62, No. 182 / Friday, September 19, 1997 / Notices 49265

1Holding Co. Act Release Nos. 26516 (May 10,

1996), 25939 (Dec. 6, 1993), 25210 (Dec. 12, 1990),

24594 (Mar. 8, 1988), 22549 (June 28, 1982), 22112

(June 30, 1981), 21639 (June 24, 1980), 21022 (Apr.

27, 1979), 20516 (Apr. 25, 1978).

National Technical Information Service.

NRC information at FedWorld will no

longer be updated and maintained after

that date, except for the NRC

Government Information Locator

System (GILS). GILS will be maintained

at FedWorld until October 1, 1998.

Dated at Rockville, Maryland, this 15th day

of September 1997.

For the Nuclear Regulatory Commission.

A.J. Galante,

Chief Information Officer.

[FR Doc. 97–24916 Filed 9–18–97; 8:45 am]

BILLING CODE 7590–01–U

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 35–26759]

Filings Under the Public Utility Holding

Company Act of 1935, as Amended

(‘‘Act’’)

September 12, 1997.

Notice is hereby given that the

following filing(s) has/have been made

with the Commission pursuant to

provisions of the Act and rules

promulgated thereunder. All interested

persons are referred to the application(s)

and/or declaration(s) for complete

statements of the proposed

transaction(s) summarized below. The

application(s) and/or declaration(s) and

any amendments thereto is/are available

for public inspection through the

Commission’s Office of Public

Reference.

Interested persons wishing to

comment or request a hearing on the

application(s) and/or declaration(s)

should submit their views in writing by

October 6, 1997, to the Secretary,

Securities and Exchange Commission,

Washington, DC 20549, and serve a

copy on the relevant applicant(s) and/or

declarant(s) at the address(es) specified

below. Proof of service (by affidavit or,

in case of an attorney at law, by

certificate) should be filed with request.

Any request for hearing shall identify

specifically the issues of fact or law that

are disputed. A person who so requests

will be notified of any hearing, if

ordered, and will receive a copy of any

notice or order issued in the matter.

After said date, the application(s) and/

or declaration(s), as filed or as amended,

may be granted and/or permitted to

become effective.

American Electric Power Company,

Inc. (70–6126)

American Electric Power Company,

Inc. (‘‘AEP’’), 1 Riverside Plaza,

Columbus, Ohio 43215, a registered

holding company, has filed a posteffective amendment under sections

6(a), 7, 32, and 33 of the Act and rule

53 under the Act to an applicationdeclaration filed before under sections

6(a), 7, 9(a), 10, 12(b), 32 and 33 of the

Act and rules 45 and 53 under the Act.

By prior Commission orders,1 AEP

was authorized to issue and sell,

through December 31, 2000, up to 3.8

million shares of its common stock,

$6.50 par value per share (‘‘Common

Stock’’), to the American Electric Power

System Employees Savings Plan

(‘‘Savings Plan’’). Fidelity Management

Trust Company is a trustee of the

Savings Plan (‘‘Trustee’’). As of August

31, 1997, AEP had 519,395 shares of

Common Stock available for issuance

and sale (‘‘Unsold Balance’’).

AEP now proposes, through December

31, 2001, to issue and sell to the

Trustee: (i) the Unsold Balance, plus (ii)

an additional 5 million shares of its

Common Stock (‘‘Additional Common

Stock’’). The Trustee will purchase the

Common Stock for a price equal to the

average of the Common Stock’s high and

low price on the New York Stock

Exchange, determined after the close of

trading for the day. In no event will the

price of the Common Stock be less than

its par value, unless the Trustee

purchases the Common Stock through a

dividend reinvestment plan, the

exercise of stock rights, or other

program similar to dividend

reinvestment plans or stock rights.

The proceeds from the issuance and

sale of the Additional Common Stock

will be used: (i) to pay AEP’s unsecured

debt when it matures, (ii) to purchase

additional common stock of AEP

subsidiaries, (iii) to acquire interests in

exempt wholesale generators (‘‘EWGs’’),

as defined in section 32 of the Act, and

in foreign utility companies (‘‘FUCOs’’),

as defined in section 33 of the Act; and

(iv) for other corporate purposes.

If the proceeds from the issuance and

sale of Common Stock are invested in

EWGs or FUCOs, the investment will be

limited to 50% of the consolidated

retained earnings of AEP determined in

accordance with rule 53 (‘‘Investment

Limit’’). In a separate filing, which the

Commission noticed on April 18, 1997

(HCAR No. 26708), AEP requested

authorization to increase the Investment

Limit to 100% of consolidated retained

earnings. In addition, when the

proceeds from the sale of Common

Stock are invested in EWGs and FUCOs,

the number of shares of Common Stock

sold will be deducted from the 10

million shares of Common Stock

Authorized for these investments by

order dated May 10, 1996 (HCAR No.

26516).

BEC Energy, et al. (70–9057)

BEC Energy, a Massachusetts business

trust (‘‘BEC’’), and its parent company,

Boston Edison Company, a

Massachusetts public-utility holding

company exempt from registration

under section 3(a)(2) of the Act pursuant

to rule 2 (‘‘Boston Edison’’) (together,

‘‘Applicants’’), both located at 800

Boylston Street, Boston, Massachusetts

02199, have filed an application under

section 3(a)(1), 3(a)(2), 9(a) (2) and (10)

of the Act.

The Applicants request an order: (1)

authorizing BEC to acquire directly all

of the outstanding common stock of

Boston Edison and to acquire indirectly

all of the outstanding common stock of

Boston Edison’s electric utility

subsidiary company, Harbor Electric

Energy Company (‘‘HEEC’’); (2) granting

BEC an exemption under section 3(a)(1)

from all provisions of the Act, except

section 9(a)(2); and (3) granting Boston

Edison an exemption under section

3(a)(2) from all provision of the Act,

except section 9(a)(2). The Applicants

state that the proposed restructuring

will establish a more appropriate

corporate structure to conduct

nonutility business activities, while

providing a mechanism for protecting

the utility business and utility

customers of Boston Edison and HEEC

from the risks and costs of these

activities.

BEC is organized under Massachusetts

law to carry out the proposed

restructuring and will become the

holding company over Boston Edison.

BEC holds all of the outstanding

common stock of Boston Edison

Mergeco Electric Company, Inc.

(‘‘Merger-Sub’’), that has also been

formed to carry out the proposed

restructuring. Neither BEC nor MergerSub presently conduct any business or

own any utility assets.

Boston Edison and HEEC are engaged

principally in the generation, purchase,

transmission, distribution and sale of

electric energy. Boston Edison provides

electricity at retail to an area of 590

square miles, including the City of

Boston and 39 surrounding cities and

towns. In 1996, Boston Edison served an

average of 657,487 customers. Boston

Edison also supplies electricity at

wholesale for resale to other electric

utilities and municipal electric

departments. Boston Edison is subject to

regulation by the Massachusetts

Department of Public Utilities. Boston

Edison also engages directly in certain