4044 Federal Register / Vol. 66, No. 11 / Wednesday, January 17, 2001 / Notices

FOR FURTHER INFORMATION CONTACT: Mr.

David M. Lengyel, Aerospace Safety

Advisory Panel Executive Director,

Code Q–1, National Aeronautics and

Space Administration, Washington, DC

20546, 202/358–0391, if you plan to

attend.

SUPPLEMENTARY INFORMATION: The

Aerospace Safety Advisory Panel will

present its annual report to the National

Aeronautics and Space Administration

Administrator. This is pursuant to

carrying out its statutory duties for

which the Panel reviews, identifies,

evaluates, and advises on those program

activities, systems, procedures, and

management activities that can

contribute to program risk. Priority is

given to those programs that involve the

safety of human flight. The major

subjects covered will be the National

Space Transportation System,

International Space Station,

Aeronautical Operations, and Workforce

Issues. The Aerospace Safety Advisory

Panel is chaired by Mr. Richard D.

Blomberg and is composed of nine

members and eight consultants. The

meeting will be open to the public up

to the capacity of the room

(approximately 60 persons including

members of the Panel).

Dated: January 11, 2001.

Beth M. McCormick,

Advisory Committee Management Officer,

National Aeronautics and Space

Administration.

[FR Doc. 01–1307 Filed 1–16–01; 8:45 am]

BILLING CODE 7510–01–U

NATIONAL AERONAUTICS AND

SPACE ADMINISTRATION

[Notice 01–003]

5th Digital Earth Community Meeting

AGENCY: National Aeronautics and

Space Administration (Lead Agency).

ACTION: Notice of meeting.

SUMMARY: The Federal Interagency

Digital Earth Working Group will hold

the 5th Digital Earth Community

Meeting that will focus on

accomplishments thus far, and the

future of Digital Earth. The intent of this

meeting is to continue the efforts of

enabling and facilitating the evolution

of Digital Earth, a digital representation

of the planet that will allow people to

access and apply geo-spatial data from

multiple resources. Federal, state, and

local government along with private

industry, academia and others will

participate in presentations, workshops

and panel discussions. Together we will

educate and empower each other to

continue to develop the Digital Earth

environment.

DATES: Wednesday, January 31, 2001

from 8:00 AM to 5:00 PM. Registration

beginning at 7:30 AM.

ADDRESSES: Capitol Union Building,

Penn State University at Harrisburg, 777

W. Harrisburg Pike, Middletown, PA

17057.

FOR FURTHER INFORMATION CONTACT: To

register for the meeting, please contact

PSU Continuing Education at 717–948–

6505 or e-mail: pshceweb@psu.edu. If

you would like to be present at this

meeting, please contact Dr. Todd

Bacastow at 814–863–0049 or e-mail

bacastow@psu.edu. The deadline for

registration is Wednesday, January 24,

2001. This is an outreach service of the

College of Earth and Mineral Sciences.

SUPPLEMENTARY INFORMATION:

Format: The one day session will

concentrate on presentations,

workshops, and panel discussions. The

status of The National Digital Earth

Initiative, What is Digital Earth and Its

Community, Using Digital Earth

Guidelines, Developing Applications,

Involving Students, and Data

Accessibility will all be discussed.

Upcoming conferences, organizational

committees and collaborative efforts

will be addressed as well. There will be

space available for personal

demonstrations—and discussions

throughout the day. Although the

meeting is open to all interested parties,

time availability for presentations and

demonstrations is limited and will be

allocated on a first come basis. All

interested parties must contact Dr. Todd

Bacastow by January 17, 2001.

Web Information: Additional details

on the Community Meeting will be

posted to www.digitalearth.gov in the

near future.

Dated: January 2, 2001.

Thomas S. Taylor,

NASA Digital Earth Program Manager.

[FR Doc. 01–786 Filed 1–16–01; 8:45 am]

BILLING CODE 7510–01–P

NATIONAL CREDIT UNION

ADMINISTRATION

Notice of Meetings

TIME AND DATE: 10:00 a.m., Thursday,

January 18, 2001

PLACE: Board Room, 7th Floor, Room

7047, 1775 Duke Street, Alexandria, VA

22314–3428

STATUS: Open.

MATTTERS TO BE CONSIDERED:

1. Request from a Federal Credit

Union to Convert to a Community

Charter.

2. Washington Member Business Loan

Rule.

3. Request from a Corporate Credit

Union for a Waiver under Part 704,

NCUA’s Rules and Regulations.

4. Final Rule: Amendments to Part

748, NCUA’s Rules and Regulations,

Guidelines for Safeguarding Member

Information.

RECESS: 11:15 a.m.

TIME AND DATE: 11:30 a.m., Thursday,

January 18, 2001

PLACE: Board Room, 7th Floor, Room

7047, 1775 Duke Street, Alexandria, VA

22314–3428

STATUS: Closed.

MATTER TO BE CONSIDERED:

1. One (1) Personnel Matter. Closed

pursuant to exemptions (2) and (6).

FOR FURTHER INFORMATION CONTACT:

Becky Baker, Secretary of the Board,

Telephone 703–518–6304.

Becky Baker,

Secretary of the Board.

[FR Doc. 01–1414 Filed 1–11–01; 4:58 pm]

BILLING CODE 7535–01–M

NUCLEAR REGULATORY

COMMISSION

[Docket Nos. 50–277 and 50–278]

In the Matter of PECO Energy

Company, PSEG Nuclear LLC,

Delmarva Power and Light Company,

Atlantic City Electric Company (Peach

Bottom Atomic Power Station, Units 2

and 3); Order Approving Transfer of

Licenses and Conforming

Amendments

I

PECO Energy Company (PECO), PSEG

Nuclear LLC, Delmarva Power and Light

Company (DP&L), and Atlantic City

Electric Company (ACE) are the joint

owners of the Peach Bottom Atomic

Power Station, Units 2 and 3 (Peach

Bottom), located in York County,

Pennsylvania. They hold Facility

Operating Licenses Nos. DPR–44 and

DPR–56 issued by the U.S. Nuclear

Regulatory Commission (NRC or

Commission) on October 25, 1973, and

July 2, 1974, respectively, pursuant to

Part 50 of Title 10 of the Code of Federal

Regulations (10 CFR Part 50). Under

these licenses, PECO (currently owner

of 42.49 percent of each Peach Bottom

unit) is authorized to possess, use, and

operate the Peach Bottom units. The

current nonoperating ownership

interests of the other joint owners for

Federal Register / Vol. 66, No. 11 / Wednesday, January 17, 2001 / Notices 4045

each Peach Bottom unit are as follows:

PSEG Nuclear LLC, 42.49 percent;

DP&L, 7.51 percent; and ACE, 7.51

percent.

II

By an Order dated April 21, 2000, the

NRC approved the transfer of the subject

Peach Bottom licenses from DP&L and

ACE to PECO and PSEG Nuclear LLC.

Conforming license amendments were

also approved. The April 21, 2000,

Order was in response to an application

dated December 21, 1999, as

supplemented February 11, March 2,

and March 16, 2000, and was based in

part on the DP&L and ACE interests in

the licenses and in the facility being

transferred simultaneously, as well as

the accumulated decommissioning

funds of DP&L and ACE being

transferred collectively to the

decommissioning trusts of PECO and

PSEG Nuclear LLC. The April 21, 2000,

Order, with respect to the DP&L and

ACE license transfers that were

proposed to PECO, was issued in the

context of PECO then existing as a

stand-alone electric utility, and did not

expressly approve the DP&L and ACE

license transfers to PECO as it now

exists as a subsidiary of Exelon

Corporation. Further, the Order did not

approve DP&L and ACE license transfers

to Exelon Generation Company LLC

(EGC), which is to be formed as an

indirect subsidiary of Exelon

Corporation. The NRC did, however,

issue Orders dated August 3, 2000, and

October 5, 2000, that respectively

approved the direct transfer of the Peach

Bottom licenses, to the extent now held

by PECO, to EGC, and the indirect

transfer of the Peach Bottom licenses,

again to the extent now held by PECO,

to Exelon Corporation (which indirect

transfer occurred on October 20, 2000,

by reason of PECO becoming at that

time a wholly-owned subsidiary of

Exelon Corporation).

By application dated October 10,

2000, PECO, PSEG Nuclear LLC, DP&L,

and ACE requested approvals as

necessary to allow the Peach Bottom

licenses, to the extent now held by

DP&L and ACE, to be transferred to

PECO (as a subsidiary of Exelon

Corporation), to EGC (whether the

transferor(s) are DP&L, ACE, or PECO),

and to PSEG Nuclear LLC, at two

different times, namely, the DP&L

transfers first, and the ACE transfers

second, if at all. The October 10, 2000,

application also requested that the NRC

extend the effectiveness of the April 21,

2000, Order to December 31, 2001. No

physical changes or changes in the

management or operations of the Peach

Bottom units are proposed in the

application. The application also

requested the approval of conforming

license amendments to reflect the

license transfers that are the subject of

the application. The proposed

amendments would delete references in

the licenses to DP&L and ACE as

licensees, as each respective interest is

transferred, and add EGC to the licenses

at the appropriate time.

Approval of the transfers

encompassed by the October 10, 2000,

application and conforming license

amendments was requested pursuant to

10 CFR 50.80 and 50.90. A notice of the

license transfer application and the

conforming amendment request, and an

opportunity for a hearing was published

in the Federal Register on November 27,

2000 (65 FR 70740). No hearing requests

or written comments were filed.

Pursuant to 10 CFR 50.80, no license,

or any right thereunder, shall be

transferred, directly or indirectly,

through transfer of control of the

license, unless the Commission gives its

consent in writing. After reviewing the

information submitted in the October

10, 2000, application, the Orders

referenced above dated April 21, August

3, and October 5, 2000, and the

underlying applications and safety

evaluations regarding those Orders, and

other information before the

Commission, the NRC staff has

determined that PSEG Nuclear LLC is

qualified to hold, in addition to the

interests in the licenses it presently

holds, (1) one-half of the interest in the

Peach Bottom licenses now held by

DP&L, and (2) one-half of the interest in

the Peach Bottom licenses now held by

ACE; that PECO, as it presently exists as

a subsidiary of Exelon Corporation, is

qualified to hold, in addition to the

interests in the licenses it presently

holds, (1) one-half of the interest in the

Peach Bottom licenses now held by

DP&L, and (2) one-half of the interest in

the Peach Bottom licenses now held by

ACE; and that EGC is qualified to hold,

in addition to the interests in the

licenses that it may hold by virtue of

transfers from PECO previously and

separately approved by the August 3,

2000, Order, (1) one-half of the interest

in the Peach Bottom licenses now held

by DP&L, which one-half interest may

be first transferred to PECO and then to

EGC or may be directly transferred to

EGC from DP&L, and (2) one-half of the

interest in the Peach Bottom licenses

now held by ACE, which one-half

interest may be first transferred to PECO

and then to EGC or may be directly

transferred to EGC from ACE; and that

each transfer of the licenses, as

described, is otherwise consistent with

applicable provisions of law,

regulations, and orders issued by the

Commission, subject to the conditions

described herein. The NRC staff has

further found that the application for

the proposed license amendments

complies with the standards and

requirements of the Atomic Energy Act

of 1954, as amended (the Act), and the

Commission’s rules and regulations set

forth in 10 CFR Chapter I; the facility

will operate in conformity with the

application, the provisions of the Act,

and the rules and regulations of the

Commission; there is reasonable

assurance that the activities authorized

by the proposed license amendments

can be conducted without endangering

the health and safety of the public and

that such activities will be conducted in

compliance with the Commission’s

regulations; the issuance of the

proposed license amendments will not

be inimical to the common defense and

security or to the health and safety of

the public; and the issuance of the

proposed license amendments will be in

accordance with 10 CFR Part 51 of the

Commission’s regulations and all

applicable requirements have been

satisfied. These findings are supported

by a safety evaluation dated December

27, 2000.

III

Accordingly, pursuant to Sections

161b, 161i, and 184 of the Atomic

Energy Act of 1954, as amended, 42

U.S.C. 2201(b), 2201(i), and 2234; and

10 CFR 50.80, It Is Hereby Ordered that

each license transfer described in

Section II of this Order is approved,

subject to the following conditions:

1. DP&L shall transfer to the PECO or

EGC decommissioning trusts for Peach

Bottom, as appropriate to the transferee,

and to the PSEG Nuclear LLC

decommissioning trusts for Peach

Bottom at the time DP&L’s interests in

the Peach Bottom licenses are

transferred to PECO or EGC and to PSEG

Nuclear LLC, all of DP&L’s accumulated

decommissioning trust funds for Peach

Bottom Units 2 and 3, divided equally

between the PECO or EGC trusts, as

appropriate to the transferee, and the

PSEG Nuclear LLC trusts. Immediately

following such transfer, the amounts in

the PECO or EGC and PSEG Nuclear

LLC decommissioning trusts combined

with the additional payments from ACE

that would be owed to PECO or EGC

and to PSEG Nuclear LLC under the

respective contractual commitments

referenced in the application, which

contractual commitments shall be in

force and effect at the time of the

transfer, and that in turn would be

contributed to the respective

decommissioning trusts as represented

4046 Federal Register / Vol. 66, No. 11 / Wednesday, January 17, 2001 / Notices

in the application must, with respect to

the interests in Peach Bottom Units 2

and 3 transferred from DP&L that PECO

or EGC and PSEG Nuclear LLC would

then hold, be at a level no less than the

formula amounts under 10 CFR Section

50.75.

2. ACE shall transfer to the PECO or

EGC decommissioning trusts for Peach

Bottom, as appropriate to the transferee,

and to the PSEG Nuclear LLC

decommissioning trusts for Peach

Bottom at the time ACE’s interests in the

Peach Bottom licenses are transferred to

PECO or EGC and to PSEG Nuclear LLC,

all of ACE’s accumulated

decommissioning trust funds for Peach

Bottom Units 2 and 3. Immediately

following such transfer, the amounts in

the PECO or EGC and PSEG Nuclear

LLC decommissioning trusts must, with

respect to the interests in Peach Bottom

Units 2 and 3 transferred from DP&L

and ACE that PECO or EGC and PSEG

Nuclear LLC would then hold, be at a

level no less than the formula amounts

under 10 CFR Section 50.75.

3. The decommissioning trust

agreements for Peach Bottom Units 2

and 3, with respect to decommissioning

trust funds held by EGC and PSEG

Nuclear LLC shall provide or continue

to provide essentially that:

a. The agreement must be in a form

acceptable to the NRC.

b. Investments in the securities or

other obligations of the respective

parent of the respective licensee, i.e.,

EGC or PSEG Nuclear LLC, affiliates

thereof, or their successors or assigns,

shall be prohibited. In addition, except

for investments tied to market indexes

or other non-nuclear sector mutual

funds, investments in any entity owning

one or more nuclear power plants shall

be prohibited.

c. No disbursements or payments

from the trust, other than for ordinary

administrative expenses, shall be made

by the trustee until the trustee has first

given the NRC 30 days prior written

notice of the payment. In addition, no

disbursements or payments from the

trust shall be made if the trustee

receives prior written notice of objection

from the Director, Office of Nuclear

Reactor Regulation.

d. The trust agreement shall not be

modified in any material respect

without prior written notification to the

Director, Office of Nuclear Reactor

Regulation.

e. The trustee, investment advisor, or

anyone else directing the investments

made in the trust shall adhere to a

‘‘prudent investor’’ standard, as

specified in 18 CFR 35.32(a)(3) of the

Federal Energy Regulatory

Commission’s regulations.

4. With respect to each transfer

approved by this Order, after receipt of

all required regulatory approvals, the

relevant transferor and transferee shall

inform the Director, Office of Nuclear

Reactor Regulation, in writing of such

receipt and of the date of closing of the

transfer no later than 1 business day

before the date of closing. If any transfer

approved by this Order is not completed

by December 31, 2001, this Order shall

become null and void with respect to

such transfer; provided, however, on

application and for good cause shown,

such date may be extended.

It Is Further Ordered that, consistent

with 10 CFR 2.1315(b), license

amendments that make changes, as

indicated in Enclosure 2 to the cover

letter forwarding this Order, to conform

the Peach Bottom licenses to reflect the

subject transfers are approved. Such

amendments as appropriate to the

particular license transfer occurring

shall be issued and made effective at the

time the proposed corresponding

license transfer is completed.

It Is Further Ordered that to the extent

the previous Order, issued April 21,

2000, related to the license transfers

approved by this Order, is inconsistent

with this Order, the April 21, 2000,

Order is hereby superseded. Also,

condition 2 of the April 21, 2000, Order

is modified to supplement the reference

to PECO with a reference to EGC in the

alternative, as appropriate to the actual

transferee. In addition, for good cause

shown in the application, namely, the

delay in receiving other necessary

regulatory approvals, the approval of

any concurrent transfer of one-half of

the DP&L interests and one-half of the

ACE interests in the Peach Bottom

licenses to PSEG Nuclear LLC shall

remain effective until December 31,

2001, under the applicable terms and

conditions set forth in the April 21,

2000, Order.

This Order is effective upon issuance.

For further details with respect to this

Order, see the application dated October

10, 2000, and the related safety

evaluation issued with this Order. Also

see the application dated December 21,

1999, and supplements thereto dated

February 11, March 2, and March 16,

2000, and the Orders and related safety

evaluations dated August 3, and October

5, 2000, pertaining to related Peach

Bottom license transfers involving EGC

and PECO, which may be examined,

and/or copied for a fee, at the NRC’s

Public Document Room, located at One

WhiteFlint North, 11555 Rockville Pike

(first floor), Rockville, MD, and are

accessible electronically through the

ADAMS Public Electronic Reading

Room link at the NRC Web site http://

www.nrc.gov.

Dated at Rockville, Maryland, this 27th day

of December 2000.

For the Nuclear Regulatory Commission.

Jacqueline E. Silber,

Acting Director, Office of Nuclear Reactor

Regulation.

[FR Doc. 01–1364 Filed 1–16–01; 8:45 am]

BILLING CODE 7590–01–P

UNITED STATES POSTAL SERVICE

BOARD OF GOVERNORS

Sunshine Act Meeting

Board Votes to Close January 10, 2001,

Meeting

In person and by telephone on

January 10, 2001, a majority of the

Board of Governors of the United States

Postal Service voted to close to public

observation its meeting held in

Washington, DC, via teleconference. The

Board determined that prior public

notice was not possible.

ITEM CONSIDERED:

1. Business Initiative.

PERSONS EXPECTED TO ATTEND:

Governors Ballard, Daniels, del Junco,

Dyhrkopp, Fineman, Kessler,

McWherter, Rider and Walsh;

Postmaster General Henderson, Deputy

Postmaster General Nolan, Secretary to

the Board Hunter, and General Counsel

Gibbons.

GENERAL COUNSEL CERTIFICATION: The

General Counsel of the United States

Postal Service has certified that the

meeting was properly closed under the

government in the Sunshine Act.

CONTACT PERSON FOR MORE INFORMATION:

Requests for information about the

meeting should be addressed to the

Secretary of the Board, David G. Hunter,

at (202) 268–4800.

David G. Hunter,

Secretary.

[FR Doc. 01–1411 Filed 1–11–01; 4:58 pm]

BILLING CODE 7710–12–M

SECURITIES AND EXCHANGE

COMMISSION

Sunshine Act; Meeting

Notice is hereby given, pursuant to

the provisions of the Government in the

Sunshine Act, Pub. L. 94–409, that the

Securities and Exchange Commission

will hold the following meetings during

the week of January 15, 2001.

A closed meeting will be held on

Thursday, January 18, 2001, at 11:00

a.m.