Notices. Notice of issuance of license amendment

1,413 words·~6 min read·/register/2005/12/15/05-24089·

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BILLING CODE 4410-02-P NUCLEAR REGULATORY COMMISSION [Docket No. 50-0219-LR; ASLBP No. 06-844-01-LR] American Energy Company, LLC; Establishment of Atomic Safety and Licensing Board Pursuant to delegation by the Commission dated December 29, 1972, published in the **Federal Register** , 37 FR 28,710 (1972), and the Commission's regulations, *see* 10 CFR 2.104, 2.300, 2.303, 2.309, 2.311, 2.318, and 2.321, notice is hereby given that an Atomic Safety and Licensing Board is being established to preside over the following proceeding:

American Energy Company, LLC (Oyster Creek Nuclear Generating Station) A Licensing Board is being established pursuant to a September 15, 2005 notice of opportunity for hearing (70 FR 54,585) regarding the July 22, 2005 application for renewal of Operating License No. DPR-16, which authorizes the American Energy Company, LLC, (AmerGen) to operate the Oyster Creek Nuclear Generating Station at 1930 megawatts

(Mwt)thermal. The AmerGen renewal application seeks to extend the current operating license for the facility, which expires on April 9, 2009, for an additional twenty years. This proceeding concerns the November 14, 2005 requests for hearing/petitions to intervene filed by

(1)the Nuclear Information and Resource Service, Jersey Shore Nuclear Watch, Inc., Grandmother, Mothers and More for Energy Safety, the New Jersey Public Interest Research Group, the New Jersey Environmental Federation, and the New Jersey Sierra Club; and

(2)the New Jersey Department of Environmental Protection. The Board is comprised of the following administrative judges: E. Roy Hawkens, Chair, Atomic Safety and Licensing Board Panel, U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001. Dr. Paul B. Abramson, Atomic Safety and Licensing Board Panel, U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001. Dr. Anthony J. Baratta, Atomic Safety and Licensing Board Panel, U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001. All correspondence, documents, and other materials shall be filed with the administrative judges in accordance with 10 CFR 2.302. Issued at Rockville, Maryland, this 9th day of December 2005. G. Paul Bollwerk, III, Chief Administrative Judge, Atomic Safety and Licensing Board Panel. [FR Doc. E5-7388 Filed 12-14-05; 8:45 am] BILLING CODE 7590-01-P NUCLEAR REGULATORY COMMISSION [Docket No. 72-16] Notice of Issuance of Amendment to Materials License SNM 2507 Virginia Electric and Power Company North Anna Independent Spent Fuel Storage Installation AGENCY: Nuclear Regulatory Commission. ACTION: Notice of issuance of license amendment. FOR FURTHER INFORMATION CONTACT: Jill S. Caverly, Project Manager, Spent Fuel Project Office, Office of Nuclear Material Safety and Safeguards, U.S. Nuclear Regulatory Commission, Washington, DC 20555. Telephone:

(301)415-6699; Fax number:

(301)415-8555; E-mail: *jsc1@nrc.gov* . SUPPLEMENTARY INFORMATION: The U.S. Nuclear Regulatory Commission (NRC or the Commission) has issued Amendment No. 3 to Materials License SNM-2507 held by Virginia Electric and Power Company (Dominion) for the receipt, possession, transfer, and storage of spent fuel at the North Anna Independent Spent Fuel Installation (ISFSI), located in Louisa County, Virginia. The amendment is effective as of the date of issuance. By application dated September 15, 2004, Dominion requested to amend its ISFSI license to revise Technical Specifications (TS). The revisions change the reference location where the plant specific titles and TS titles are correlated and relocate the Quality Assurance Program facility staff qualification requirements. This amendment complies with the standards and requirements of the Atomic Energy Act of 1954, as amended (the Act), and the Commission's rules and regulations. The Commission has made appropriate findings as required by the Act and the Commission's rules and regulations in 10 CFR Chapter I, which are set forth in the license amendment. In accordance with 10 CFR 72.46(b)(2), a determination has been made that the amendment does not present a genuine issue as to whether public health and safety will be significantly affected. Therefore, the publication of a notice of proposed action and an opportunity for hearing or a notice of hearing is not warranted. Notice is hereby given of the right of interested persons to request a hearing on whether the action should be rescinded or modified. Also in connection with this action, the Commission determined that the action could be classified as a Categorical Exemption under 10 CFR 51.22(c)(11). Further Information The NRC has prepared a Safety Evaluation Report

(SER)that documents the information that was reviewed and NRC's conclusion. In accordance with 10 CFR 2.390 of NRC's “Rules of Practice,” final NRC records and documents regarding this proposed action including the amendment request dated September 15, 2004, and the SER are publically available in the records component of NRC's Agencywide Documents Access and Management System (ADAMS). These documents may be inspected at NRC's Public Electronic Reading Room on the Internet at *http://www.nrc.gov/reading-rm/adams.html* . These documents may also be viewed electronically on the public computers, located at the NRC Public Document Room (PDC), O1F21, One White Flint North, 11555 Rockville Pike, Rockville, MD 20852. The PDR reproduction contractor will copy document for a fee. 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 or

(301)415-4737, or by e-mail to *pdr@nrc.gov* . Dated at Rockville, Maryland, this 5th day of December 2005. For the Nuclear Regulatory Commission. Jill S. Caverly, Project Manager, Licensing Section, Spent Fuel Project Office, Office of Nuclear Material Safety and Safeguards. [FR Doc. E5-7389 Filed 12-14-05; 8:45 am] BILLING CODE 7590-01-P PENSION BENEFIT GUARANTY CORPORATION Required Interest Rate Assumption for Determining Variable-Rate Premium; Interest Assumptions for Multiemployer Plan Valuations Following Mass Withdrawal AGENCY: Pension Benefit Guaranty Corporation. ACTION: Notice of interest rates and assumptions. SUMMARY: This notice informs the public of the interest rates and assumptions to be used under certain Pension Benefit Guaranty Corporation regulations. These rates and assumptions are published elsewhere (or can be derived from rates published elsewhere), but are collected and published in this notice for the convenience of the public. Interest rates are also published on the PBGC's Web site ( *http://www.pbgc.gov* ). DATES: The required interest rate for determining the variable-rate premium under part 4006 applies to premium payment years beginning in December 2005. The interest assumptions for performing multiemployer plan valuations following mass withdrawal under part 4281 apply to valuation dates occurring in January 2006. FOR FURTHER INFORMATION CONTACT: Catherine B. Klion, Attorney, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005, 202-326-4024. (TTY/TDD users may call the Federal relay service toll-free at 1-800-877-8339 and ask to be connected to 202-326-4024.) SUPPLEMENTARY INFORMATION: Variable-Rate Premiums Section 4006(a)(3)(E)(iii)(II) of the Employee Retirement Income Security Act of 1974 (ERISA) and § 4006.4(b)(1) of the PBGC's regulation on Premium Rates (29 CFR part 4006) prescribe use of an assumed interest rate (the “required interest rate”) in determining a single-employer plan's variable-rate premium. Pursuant to the Pension Funding Equity Act of 2004, for premium payment years beginning in 2004 or 2005, the required interest rate is the “applicable percentage” (currently 85 percent) of the annual rate of interest determined by the Secretary of the Treasury on amounts invested conservatively in long-term investment grade corporate bonds for the month preceding the beginning of the plan year for which premiums are being paid. Thus, the required interest rate to be used in determining variable-rate premiums for premium payment years beginning in December 2005 is 4.91 percent ( *i.e.* , 85 percent of the 5.78 percent composite corporate bond rate for November 2005 as determined by the Treasury). The following table lists the required interest rates to be used in determining variable-rate premiums for premium payment years beginning between January 2005 and December 2005. For premium payment years beginning in: The required interest rate is: January 2005 4.73 February 2005 4.66 March 2005 4.56 April 2005 4.78 May 2005 4.72 June 2005 4.60 July 2005 4.47 August 2005 4.56 September 2005 4.61 October 2005 4.62 November 2005 4.83 December 2005 4.91 Multiemployer Plan Valuations Following Mass Withdrawal The PBGC's regulation on Duties of Plan Sponsor Following Mass Withdrawal (29 CFR part 4281) prescribes the use of interest assumptions under the PBGC's regulation on Allocation of Assets in Single-Employer Plans (29 CFR part 4044). The interest assumptions applicable to valuation dates in January 2006 under part 4044 are contained in an amendment to part 4044 published elsewhere in today's **Federal Register** . Tables showing the assumptions applicable to prior periods are codified in appendix B to 29 CFR part 4044. Issued in Washington, DC, on this 12th day of December 2005. Vincent K. Snowbarger, Deputy Executive Director, Pension Benefit Guaranty Corporation. [FR Doc. 05-24089 Filed 12-14-05; 8:45 am]

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