Federal Register / Vol. 62, No. 234 / Friday, December 5, 1997 / Notices 64407

transfer is effected, and (2) should the

transfer not be completed by June 30,

1998, this Order shall become null and

void, provided, however, on application

and for good cause shown, such date

may be extended.

This Order is effective upon issuance.

IV

For further details with respect to this

action, see Cajun’s submittals requesting

approval of the transfer of the license

and a conforming license amendment

dated October 15, 1997, which are

available for public inspection at the

Commission’s Public Document Room,

the Gelman Building, 2120 L Street,

NW., Washington, DC, and at the local

public document room located at the

Government Documents Department,

Louisiana State University, Baton

Rouge, LA 70803.

Dated at Rockville, Maryland, this 28th day

of November 1997.

For the U.S. Nuclear Regulatory

Commission.

Brian W. Sheron,

Acting Director, Office of Nuclear Reactor

Regulation.

[FR Doc. 97–31872 Filed 12–4–97; 8:45 am]

BILLING CODE 7590–01–P

NUCLEAR REGULATORY

COMMISSION

[Docket No. 50–410]

New York State Electric & Gas

Corporation; Nine Mile Point Nuclear

Station, Unit No. 2

Notice is hereby given that the U.S.

Nuclear Regulatory Commission (the

Commission) is considering the

issuance of an Order approving, under

10 CFR 50.80, an application regarding

an indirect transfer of the operating

license for Nine Mile Point Nuclear

Station, Unit No. 2 (NMP2), to the

extent held by New York State Electric

& Gas Corporation (NYSEG). The

transfer would be to a holding company,

not yet named, to be created over

NYSEG in accordance with an executed

‘‘Agreement Concerning the

Competitive Rate and Restructuring

Plan of New York State Electric & Gas

Corporation’’ forwarded by letters dated

October 20 and 27, 1997. NYSEG is

licensed by the Commission to own and

possess an 18 percent interest in NMP2.

By application dated September 18,

1997, NYSEG informed the Commission

of a proposed corporate restructing

under which NYSEG would become a

subsidiary of a newly formed holding

company. The outstanding shares of

NYSEG’s common stock (other than

shares for which appraisal rights are

properly exercised would be exchanged

on a share-for-share basis for common

stock of the holding company, such that

the holding company will own all of the

outstanding common stock of NYSEG.

Under this restructuring, NYSEG would

divest its interest in coal-fired power

plants, but would continue to be an

‘‘electric utility’’ as defined in 10 CFR

50.2 engaged in the transmission,

distribution and, in the case of NMP2

and hydroelectric facilities, the

generation of electricity. NYSEG would

retain its ownership interest in NMP2

and continue to be a licensee of NMP2.

No direct transfer of the operating

license or ownership interests in NMP2

will result from the proposed

restructuring. The transaction would not

involve any change to either the

management organization or technical

personnel of Niagara Mohawk Power

Corporation, which is responsible for

operating and maintaining NMP2.

Pursuant to 10 CFR 50.80, the

Commission may approve the transfer of

control of a license after notice to

interested persons. Such approval is

contingent upon the Commission’s

determination that the holder of the

license following the transfer is

qualified to hold the license and that the

transfer is otherwise consistent with

applicable provisions of law,

regulations, and orders of the

Commission.

For further details with respect to this

proposed action, see the NYSEG

application dated September 8, 1997, as

supplemented October 20 and 27, 1997.

These documents are available for

public inspection at the Commission’s

Public Document Room, the Gelman

Building, 2120 L Street, N.W.,

Washington, DC, and at the local public

document room located at the Penfield

Library, State University of New York,

Oswego, New York 13126.

Dated at Rockville, Maryland this 26th day

of November 1997.

For the Nuclear Regulatory Commission.

Darl S. Hood,

Senior Project Manager, Project Directorate

I–1, Division of Reactor Projects—I/II, Office

of Nuclear Reactor Regulation.

[FR Doc. 97–31869 Filed 12–4–97; 8:45 am]

BILLING CODE 7590–01–P

NUCLEAR REGULATORY

COMMISSION

[Docket No. 50–423]

Northeast Nuclear Energy Company;

Notice of Withdrawal of Application for

Amendment to Facility Operating

License

The U.S. Nuclear Regulatory

Commission (the Commission) has

granted the request of Northeast Nuclear

Energy Company (the licensee) to

withdraw its May 5, 1997, application

for proposed amendment to Facility

Operating License No. NPF–49 for the

Millstone Nuclear Power Station, Unit

3, located in New London County,

Connecticut.

The proposed amendment to

Technical Specifications 3.9.1.2 and

3.9.1.3 and their Bases would have

allowed the crediting of soluble boron

for maintaining k-effective at less than

or equal to 0.95 within the spent fuel

pool rack matrix following a seismic

event of a magnitude greater than or

equal to an operating basis earthquake.

The Commission had previously

issued a Notice of Consideration of

Issuance of Amendment published in

the Federal Register on July 16, 1997

(62 FR 38135). However, by letter dated

November 11, 1997, the licensee

withdrew the proposed change.

For further details with respect to this

action, see the application for

amendment dated May 5, 1997, and the

licensee’s letter dated November 11,

1997, which withdrew the application

for license amendment. The above

documents are available for public

inspection at the Commission’s Public

Document Room, the Gelman Building,

2120 L Street, NW., Washington, DC,

and at 2 the local public document room

located at the Learning Resources

Center, Three Rivers CommunityTechnical College, 574 New London

Turnpike, Norwich, Connecticut, and

the Waterford Library, ATTN: Vince

Juliano, 49 Rope Ferry Road, Waterford,

Connecticut.

Dated at Rockville, Maryland, this 14th day

of November 1997.

For the Nuclear Regulatory Commission.

James W. Andersen,

Project Manager, Special Projects Office—

Licensing, Office of Nuclear Reactor

Regulation.

[FR Doc. 97–31870 Filed 12–4–97; 8:45 am]

BILLING CODE 7590–01–P