Federal Register / Vol. 70, No. 215 / Tuesday, November 8, 2005 / Notices 67743 

ACTION: Notice regarding consideration 

of approval of proposed corporate 

restructuring. 

FOR FURTHER INFORMATION CONTACT: 

Christopher M. Regan, Senior Project 

Manager, Spent Fuel Project Office, 

Office of Nuclear Material Safety and 

Safeguards, U.S. Nuclear Regulatory 

Commission, Washington, DC 20555. 

Telephone: (301) 415–1179; fax number: 

(301) 415–8555; e-mail: cmr1@nrc.gov. 

SUPPLEMENTARY INFORMATION: The U.S. 

Nuclear Regulatory Commission (the 

Commission or NRC) considered the 

issuance of an order under 10 CFR 72.50 

for approval of the indirect transfer of 

Special Nuclear Materials (SNM) 

License No. SNM–2509 for the Trojan 

Independent Spent Fuel Storage 

Installation (ISFSI). The consent for 

indirect transfer was requested by letter 

dated July 12, 2005, by Portland General 

Electric Company (PGE) and Stephen 

Forbes Cooper, LLC. (SFC), as 

Disbursing Agent on behalf of the 

Reserve for Disputed Claims (Reserve), 

to facilitate implementation of the 

transfer of 100% of PGE’s common stock 

held by the Enron Corporation (Enron) 

to the creditors of Enron. This is to be 

done by canceling the existing PGE 

common stock held by Enron and by 

authorizing and issuing to Enron’s 

creditors new PGE common stock. 

PGE is a wholly owned subsidiary of 

Enron. The circumstances of PGE’s 

request for consent are that all current 

PGE stock will be cancelled and new 

PGE stock will be distributed to Enron’s 

creditors as partial settlement of claims 

brought in Enron’s bankruptcy 

proceeding. A Reserve will hold the 

new stock in escrow until it is 

distributed. Voting rights of the new 

stock will be exercised under direction 

of the Reserve Overseers, who will 

exercise their business judgment to 

maximize the value of the assets. The 

Reserve Overseers are bound by 

fiduciary duties in making decisions to 

vote the stock. The Reserve’s role is to 

disburse the assets to creditors as 

rapidly as possible, and it will not seek 

control of PGE. The stock will be widely 

distributed and no individual will hold 

more than 5% of the outstanding stock 

as a result of the distribution. The 

Bankruptcy Court approved the creation 

of the Reserve and the distribution of 

the stock. 

The effect of the stock distribution is 

that PGE will become a stand-alone, 

publicly traded Oregon corporation. 

There will be no substantive change in 

the control or operation of PGE. PGE’s 

name will not change and the current 

management team will remain in charge 

of day-to-day operations. The Oregon 

Public Utilities Commission will 

continue to exercise oversight of PGE. 

PGE will remain in control of and 

operate the Trojan ISFSI. 

Under these circumstances, the staff 

determined that the stock distribution is 

not a transfer of control within the 

meaning of 10 CFR 72.50. Therefore, 

PGE does not require NRC approval for 

the distribution. The issuance of the 

new PGE common stock will not change 

the status of PGE as NRC licensee of the 

Trojan ISFSI. Control of the 10 CFR part 

72 license for the Trojan ISFSI, now 

held by PGE and its co-owners, will 

remain with PGE and the same coowners, and will not be affected by the 

issuance of the new PGE common stock. 

Issuance of the new PGE common stock 

will not affect PGE’s technical and 

financial qualifications and its ability to 

continue funding its share of the costs 

of operating, maintaining, and 

ultimately decommissioning the Trojan 

ISFSI. No physical changes to the Trojan 

ISFSI or operational changes are being 

proposed in the application. 

Notice of opportunity for hearing and 

petition for leave to intervene regarding 

this action was published in the Federal 

Register (70 FR 50427) on August 26, 

2005. No requests for hearing or 

petitions for leave to intervene were 

received within the required 20 days 

from the date of publication of the 

notice and no written comments 

regarding the license transfer 

application, as provided for in 10 CFR 

2.1305, were submitted or considered by 

the staff as part of the decisional record. 

Further Information 

For further details with respect to this 

action, see the application dated July 12, 

2005, available for public inspection at 

the Commission’s Public Document 

Room (PDR), located at One White Flint 

North, Public File Area O–1F21, 11555 

Rockville Pike (first floor), Rockville, 

Maryland. Publicly available records 

will be accessible electronically from 

the Agencywide Documents Access and 

Management System’s (ADAMS) Public 

Electronic Reading Room on the Internet 

at the NRC Web site, http:// 

www.nrc.gov/reading-rm/adams.html. 

Persons who do not have access to 

ADAMS or who encounter problems in 

accessing the documents located in 

ADAMS, should contact the NRC PDR 

Reference staff by telephone at 1 (800) 

397–4209, (301) 415–4737 or by e-mail 

to pdr@nrc.gov. 

Dated at Rockville, Maryland this 31st day 

of October 2005. 

For the Nuclear Regulatory Commission. 

Christopher M. Regan, 

Senior Project Manager, Licensing Section, 

Spent Fuel Project Office, Office of Nuclear 

Material Safety and Safeguards. 

[FR Doc. 05–22198 Filed 11–7–05; 8:45 am] 

BILLING CODE 7590–01–P 

NUCLEAR REGULATORY 

COMMISSION 

Sunshine Act; Meetings 

DATE: Weeks of November 7, 14, 21, 28, 

December 5, 12, 2005. 

PLACE: Commissioner’s Conference 

Room, 11555 Rockville Pike, Rockville, 

Maryland. 

STATUS: Public and Closed. 

MATTERS TO BE CONSIDERED: 

Week of November 7, 2005 

There are no meetings scheduled for 

the Week of November 7, 2005. 

Week of November 14, 2005—Tentative 

There are no meetings scheduled for 

the Week of November 14, 2005. 

Week of November 21, 2005—Tentative 

Monday, November 21, 2005 

9:30 a.m. Briefing on Status of New 

Reactor Issues, Part 1 (Public 

Meeting) (Contact: Laura Dudes, 

301–415–0146) 

1:30 p.m. Briefing on Status of New 

Reactor Issues, Part 2 (Public 

Meeting) (Contact: Laura Dudes, 

301–415–0146) 

These Meetings Will Be Webcast Live at 

the Web Address—http://www.nrc.gov. 

Week of November 28, 2005—Tentative 

Tuesday, November 29, 2005 

9:30 a.m. Discussion of Management 

Issues (Closed—Ex. 2) 

Wednesday, November 30, 2005 

9:30 a.m. Briefing on EEO Program 

(Public Meeting) (Contact: 

Corenthis Kelley, 301–415–7380) 

This Meeting Will Be Webcast Live at 

the Web Address—http://www.nrc.gov. 

Week of December 5, 2005—Tentative 

Thursday, December 8, 2005 

1 p.m. Meeting with the Advisory 

Committee on Reactor Safeguards 

(ACRS) (Contact: John Larkins, 301–

415–7360) 

These Meetings Will Be Webcast Live at 

the Web Address—http://www.nrc.gov. 

Week of December 12, 2005—Tentative 

Monday, December 12, 2005 

9:30 a.m. Discussion of Security 

Issues (Closed—Ex. 1) 

Wednesday, December 14, 2005 

1:30 p.m. Discussion of Security 

Issues (Closed—Ex. 1) 

Thursday, December 15, 2005 

1:30 p.m. Briefing on Threat 

67744 Federal Register / Vol. 70, No. 215 / Tuesday, November 8, 2005 / Notices 

Environment Assessment (Closed—

Ex. 1) 

* The schedule for Commission 

meetings is subject to change on short 

notice. To verify the status of meetings 

call (recording)—(301) 415–1292. 

Contact person for more information: 

Michelle Schroll, (301) 415–1662. 

* * * * * 

The NRC Commission Meeting 

Schedule Can Be Found on the Internet 

At: http://www.nrc.gov/what-we-do/ 

policy-making/schedule.html. 

* * * * * 

The NRC provides reasonable 

accommodation to individuals with 

disabilities where appropriate. If you 

need a reasonable accommodation to 

participate in these public meetings, or 

need this meeting notice or the 

transcript or other information from the 

public meetings in another format (e.g. 

braille, large print), please notify the 

NRC’s Disability Program Coordinator, 

August Spector, at 301–415–7080, TDD: 

301–415–2100, or by e-mail at 

aks@nrc.gov. Determinations on 

requests for reasonable accommodation 

will be made on a case-by-case basis. 

* * * * * 

This notice is distributed by mail to 

several hundred subscribers; if you no 

longer wish to receive it, or would like 

to be added to the distribution, please 

contact the Office of the Secretary, 

Washington, DC 20555 (301–415–1969). 

In addition, distribution of this meeting 

notice over the Internet system is 

available. If you are interested in 

receiving this Commission meeting 

schedule electronically, please send an 

electronic message to dkw@nrc.gov. 

Dated: November 3, 2005. 

R. Michelle Schroll, 

Office of the Secretary. 

[FR Doc. 05–22316 Filed 11–4–05; 11:02 am] 

BILLING CODE 7590–01–M 

NUCLEAR REGULATORY 

COMMISSION 

Biweekly Notice; Applications and 

Amendments to Facility Operating 

Licenses Involving No Significant 

Hazards Considerations 

I. Background 

Pursuant to section 189a.(2) of the 

Atomic Energy Act of 1954, as amended 

(the Act), the U.S. Nuclear Regulatory 

Commission (the Commission or NRC 

staff) is publishing this regular biweekly 

notice. The Act requires the 

Commission publish notice of any 

amendments issued, or proposed to be 

issued and grants the Commission the 

authority to issue and make 

immediately effective any amendment 

to an operating license upon a 

determination by the Commission that 

such amendment involves no significant 

hazards consideration, notwithstanding 

the pendency before the Commission of 

a request for a hearing from any person. 

This biweekly notice includes all 

notices of amendments issued, or 

proposed to be issued from October 14, 

2005 to October 27, 2005. The last 

biweekly notice was published on 

October 25, 2005 (70 FR 61655). 

Notice of Consideration of Issuance of 

Amendments to Facility Operating 

Licenses, Proposed No Significant 

Hazards Consideration Determination, 

and Opportunity for a Hearing 

The Commission has made a 

proposed determination that the 

following amendment requests involve 

no significant hazards consideration. 

Under the Commission’s regulations in 

10 CFR 50.92, this means that operation 

of the facility in accordance with the 

proposed amendment would not (1) 

involve a significant increase in the 

probability or consequences of an 

accident previously evaluated; or (2) 

create the possibility of a new or 

different kind of accident from any 

accident previously evaluated; or (3) 

involve a significant reduction in a 

margin of safety. The basis for this 

proposed determination for each 

amendment request is shown below. 

The Commission is seeking public 

comments on this proposed 

determination. Any comments received 

within 30 days after the date of 

publication of this notice will be 

considered in making any final 

determination. Within 60 days after the 

date of publication of this notice, the 

licensee may file a request for a hearing 

with respect to issuance of the 

amendment to the subject facility 

operating license and any person whose 

interest may be affected by this 

proceeding and who wishes to 

participate as a party in the proceeding 

must file a written request for a hearing 

and a petition for leave to intervene. 

Normally, the Commission will not 

issue the amendment until the 

expiration of 60 days after the date of 

publication of this notice. The 

Commission may issue the license 

amendment before expiration of the 60- 

day period provided that its final 

determination is that the amendment 

involves no significant hazards 

consideration. In addition, the 

Commission may issue the amendment 

prior to the expiration of the 30-day 

comment period should circumstances 

change during the 30-day comment 

period such that failure to act in a 

timely way would result, for example in 

derating or shutdown of the facility. 

Should the Commission take action 

prior to the expiration of either the 

comment period or the notice period, it 

will publish in the Federal Register a 

notice of issuance. Should the 

Commission make a final No Significant 

Hazards Consideration Determination, 

any hearing will take place after 

issuance. The Commission expects that 

the need to take this action will occur 

very infrequently. 

Written comments may be submitted 

by mail to the Chief, Rules and 

Directives Branch, Division of 

Administrative Services, Office of 

Administration, U.S. Nuclear Regulatory 

Commission, Washington, DC 20555–

0001, and should cite the publication 

date and page number of this Federal 

Register notice. Written comments may 

also be delivered to Room 6D22, Two 

White Flint North, 11545 Rockville 

Pike, Rockville, Maryland, from 7:30 

a.m. to 4:15 p.m. Federal workdays. 

Copies of written comments received 

may be examined at the Commission’s 

Public Document Room (PDR), located 

at One White Flint North, Public File 

Area 01F21, 11555 Rockville Pike (first 

floor), Rockville, Maryland. The filing of 

requests for a hearing and petitions for 

leave to intervene is discussed below. 

Within 60 days after the date of 

publication of this notice, the licensee 

may file a request for a hearing with 

respect to issuance of the amendment to 

the subject facility operating license and 

any person whose interest may be 

affected by this proceeding and who 

wishes to participate as a party in the 

proceeding must file a written request 

for a hearing and a petition for leave to 

intervene. Requests for a hearing and a 

petition for leave to intervene shall be 

filed in accordance with the 

Commission’s ‘‘Rules of Practice for 

Domestic Licensing Proceedings’’ in 10 

CFR part 2. Interested persons should 

consult a current copy of 10 CFR 2.309, 

which is available at the Commission’s 

PDR, located at One White Flint North, 

Public File Area 01F21, 11555 Rockville 

Pike (first floor), Rockville, Maryland. 

Publicly available records will be 

accessible from the Agencywide 

Documents Access and Management 

System’s (ADAMS) Public Electronic 

Reading Room on the Internet at the 

NRC Web site, http://www.nrc.gov/ 

reading-rm/doc-collections/cfr/. If a 

request for a hearing or petition for 

leave to intervene is filed within 60 

days, the Commission or a presiding 

officer designated by the Commission or 

by the Chief Administrative Judge of the 

Atomic Safety and Licensing Board