[Federal Register Volume 70, Number 137 (Tuesday, July 19, 2005)]
[Notices]
[Pages 41472-41474]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-14219]


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TENNESSEE VALLEY AUTHORITY


Sunshine Act Meeting

Agency Holding the Meeting: Tennessee Valley Authority (Meeting No. 
1560).

Time and Date: 9 a.m. (EDT), July 22, 2005, TVA West Tower Auditorium, 
400 West Summit Hill Drive, Knoxville, Tennessee.

Status:  Open.

[[Page 41473]]

Agenda

    Approval of minutes of meeting held on May 4, 2005.

New Business

A--Budget and Financing
    A1. Proposed Rate Adjustment.
    A2. Proposed Fiscal Year 2006 TVA Budget.
C--Energy
    C1. Contract with Thunder Basin Coal Company LLC for Powder River 
Basin coal to supply various TVA fossil plants.
    C2. Contract with Kennecott Energy and Coal Company and Antelope 
Coal for Power River Basin coal to supply various TVA fossil plants.
    C3. Supplement to contract with IBM Corporation for mainframe 
products and services.
E--Real Property Transactions
    E1. Sale of four noncommercial, nonexclusive permanent easements, 
affecting approximately 1.09 acres of land on Tellico Reservoir in 
Monroe and Loudon Counties, Tennessee, Tract Nos. XTELR-250RE, XTELR-
251RE, XTELR-252RE, and XTELR-253RE.
    E2. Modification of certain deed restrictions affecting 
approximately 3.9 acres of former TVA land on Norris Reservoir in Union 
County, Tennessee, Tract No. XNR-805, S.6X, to allow placement of fill 
and construction of dwellings and structures by Southland Group, Inc., 
owner and operator of Andersonville Marina and Campground.
    E3. Sale of a permanent easement to TDS Telecom, Inc., for a 
telecommunication switching station, affecting approximately .02 acre 
of land on Fort Loudoun Reservoir in Knox County, Tennessee, Tract No. 
XFL-141E.
    E4. Abandonment of certain transmission line easement rights 
affecting approximately 15.37 acres, Tract No. MWJS-23, in exchange for 
transmission line easement rights from Jackson Energy Authority, 
affecting approximately 11.51 acres in Madison County, Tennessee, Tract 
Nos. MWSJR-2, MWSJR-3, and MWSJR-4.
    E5. Abandonment of certain transmission line easement rights 
affecting approximately 4.89 acres, Tract Nos. HUC-74 and HUC-75, in 
exchange for transmission line easement rights from Waste Management, 
Inc., affecting approximately 7.02 acres of land in Benton County, 
Tennessee, Tract Nos. HUCR-1 and HUCR-3.
    E6. Abandonment of certain easement rights affecting approximately 
84.9 acres of private land on Wilson Reservoir, Tract Nos. WDRE4A, S.4X 
and WDRE4A, S.5X, in Lawrence County, Alabama, to allow existing cabins 
making up a part of Doublehead Resort to remain at this location.
    E7. Grant of a noncommercial, nonexclusive permanent easement to 
Charles Perry, affecting approximately .43 acre of TVA land, Tract No. 
XGIR-943RE, for construction and maintenance of recreational water-use 
facilities, in exchange for approximately .55 acre of private land, 
Tract No. XGIR-3948, and Mr. Perry's agreement to extinguish access 
rights affecting approximately .1 acre of TVA land, Tract No. XGIR-666, 
S.1X, on Kentucky Reservoir in Benton and Henry Counties, Tennessee, 
and land use allocation change to the Kentucky Reservoir Land 
Management Plan to reflect these changes.
F--Other
    F1. Approval to file condemnation cases to acquire easements and 
rights-of-way for transmission line projects affecting the Murphy-
Nottely and the Murphy-Chatuge Transmission Lines in Cherokee County, 
North Carolina.

Information Items

    1. Approval of delegations of authority relating to procurement 
contracts, financings, and personnel and compensation actions for an 
interim period, commencing June 20, 2005, and ending December 31, 2005.
    2. Approval to file condemnation cases to acquire the right to 
enter to survey, appraise, and perform title investigations and related 
activities for the acquisition of easements and rights-of-way for the 
Cumberland Fossil Plant-Montgomery Transmission Line in Stewart County, 
Tennessee.
    3. Approval to file condemnation cases to acquire easements and 
rights-of-way for the Aspen Grove-Westhaven Transmission Line in 
Williamson County, Tennessee, and the Murphy-Blairsville Tap to Ranger 
Transmission Line in Cherokee County, North Carolina.
    4. Approval of a grant of a permanent easement to the Scottsboro 
Water Works, Sewer and Gas Board for the construction of a sewer line, 
affecting approximately .46 acre of land in Jackson County, Alabama, 
Tract No. XTGR-176S.
    5. Approval of a grant of a permanent easement to the City of 
Chattanooga for highway relocation purposes and modification of utility 
and road easements necessary for a highway relocation project, 
affecting approximately 14.1 acres of land in Hamilton County, 
Tennessee, Tract No. XTCR-204H.
    6. Approval of delegation of authority to the Executive Vice 
President and General Counsel to review and approve the Financial 
Disclosure Report filed by TVA's Designated Agency Ethics Official.
    7. Approval of delegation of authority to the Executive Vice 
President, Fossil Power Group, to enter into a contract with the CIT 
Group Inc. for the lease of railroad cars.
    8. Approval to enter in blanket contracts with GTSI Corp., Direct 
Integration Specialists, Northrop Grumman, and Netstar-1 for desktop 
equipment, servers, and maintenance for TVA's information technology 
infrastructure.
    9. Approval to enter into a contract with RWE NUKEM, Inc., for the 
purchase of uranium hexafluoride to supply nuclear fuel for Browns 
Ferry Nuclear Plants Units 1 and 3.
    10. Approval to revise and extend the Competitive Indexed Rate 
arrangements with BP Amoco Chemical Corporation.
    11. Approval of adjusted blended energy prices under the Time-of-
Use Blended Pricing Program arrangements with Arnold Engineering 
Development Center.
    12. Approval to revise and extend the Competitive Indexed Rate 
arrangements with ISP Chemicals, Inc., Westlake Chemical Corporation, 
Arkema Inc., and Logan Aluminum Inc.
    13. Approval to establish a Financial Trading Program for the 
purpose of hedging or otherwise limiting economic risks directly 
associated with the cost of natural gas and fuel oil for TVA's power 
generation operations, as well as certain other risks.
    14. Approval of a delegation of authority to the Vice President, 
Corporate Finance and Risk Management, and designees, to purchase, 
renew, and take other actions in connection with directors and officers 
insurance under an existing contract with Marsh USA, Inc.
    15. Approval to sell options to enter into an interest rate swap 
associated with call provisions that TVA has on approximately $42 
million of power bonds and to take related actions.
    16. Approval of a delegation of authority to the Chief Financial 
Officer and others to enter into credit facilities with one or more 
financial institutions not to exceed $5 billion at a time and to borrow 
under those credit facilities.
    17. Approval to sell up to $1 billion of TVA power bonds.
    18. Approval to sell up to $1 billion of TVA power bonds.

[[Page 41474]]

    19. Approval of the amortization of deferred nuclear generating 
unit costs.
    For more information: Please call TVA Media Relations at (865) 632-
6000, Knoxville, Tennessee. Information is also available at TVA's 
Washington Office (202) 898-2999. People who plan to attend the meeting 
and have special needs should call (865) 632-6000. Anyone who wishes to 
comment on any of the agenda in writing may send their comments to: TVA 
Board of Directors, Board Agenda Comments, 400 West Summit Hill Drive, 
Knoxville, Tennessee 37902.

    Dated: July 14, 2005.
Maureen H. Dunn,
General Counsel and Secretary.
[FR Doc. 05-14219 Filed 7-15-05; 10:23 am]
BILLING CODE 8120-08-P