[Federal Register Volume 60, Number 191 (Tuesday, October 3, 1995)]
[Notices]
[Page 51822]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-24555]



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NUCLEAR REGULATORY COMMISSION
[Docket No. 50-346]


Toledo Edison Company, Notice of Transfer of License for Davis-
Besse Nuclear Power Station

    Notice is hereby given that the United States Nuclear Regulatory 
Commission (Commission) is considering approval, under Title 10 of the 
Code of Federal Regulations (CFR), Section 50.80, of the transfer of 
License No. NPF-3 for the Davis-Besse Nuclear Power Station (DBNPS), 
Unit No. 1. Currently, DBNPS is owned by Toledo Edison Company (TE), 
The Cleveland Electric Illuminating Company, and Centerior Service 
Company (CSC). Under license NPF-3, TE and CSC, acting as agents and 
representatives of the owners, have the exclusive responsibility and 
control over the physical construction, operation and maintenance of 
the DBNPS. As a result of the merger, a transfer will be made of 48.62 
percent of DBNPS owned by TE to the company resulting from the merger 
of TE into CEI. After approval of the merger by all regulatory 
agencies, CSC and the merged company, acting as agents and 
representatives of the owners, will have the exclusive responsibility 
and control over the physical construction, operation and maintenance 
of the DBNPS. TE, CSC, and CEI are wholly-owned subsidiaries of the 
Centerior Energy Corporation. By letter dated June 6, 1994, as 
supplemented by letters of July 20, 1994, November 11, 1994, April 12, 
1995, and September 19, 1995, TE informed the Commission that the 
shares of TE, owned by Centerior Energy Corporation, will be converted 
into new shares of CEI and then all CEI shares will be converted into 
shares of the merged company.
    Pursuant to 10 CFR 50.80 the Commission may approve the transfer of 
control of a license, after notice to interested persons, upon the 
Commission's determination that the holder of the license following the 
transfer of control is qualified to hold the license and the transfer 
of the control is otherwise consistent with applicable provisions of 
law, regulations and orders of the Commission. TE has requested consent 
under 10 CFR 50.80 to transfer of the license effectuated by the change 
in control of such ownership interest in the Davis-Besse Nuclear Power 
Station, Unit No. 1.
    For further details with respect to this action, see the June 6, 
1994 letter, and supplemental letters dated July 20, 1994, November 11, 
1994, April 12, 1995, and September 19, 1995, 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 University of Toledo, William Carlson 
Library, Government Documents Collection, 2801 West Bancroft Avenue, 
Toledo, Ohio 43606.

    Dated at Rockville, Maryland this 27th day of September 1995.

    For the Nuclear Regulatory Commission.
Gail H. Marcus,
Director, Project Directorate III-3, Division of Reactor Projects--III/
IV, Office of Nuclear Reactor Regulation.
[FR Doc. 95-24555 Filed 10-2-95; 8:45 am]
BILLING CODE 7590-01-P