[Federal Register Volume 60, Number 6 (Tuesday, January 10, 1995)]
[Notices]
[Pages 2615-2616]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-540]
-----------------------------------------------------------------------
NUCLEAR REGULATORY COMMISSION
[Docket Nos. 50-254 and 50-265]
Iowa-Illinois Gas and Electric Company; Notice of Transfer of
Control of License
Notice is hereby given that the United States Nuclear Regulatory
Commission (Commission) is considering approval under 10 CFR 50.80 of
the transfer of control of 25 percent of Quad Cities Nuclear Power
Station, Units 1 and 2, facility operating licenses from Iowa-Illinois
Gas and Electric Company (Iowa-Illinois) to MidAmerican Energy Company
(MidAmerican). Iowa-Illinois will transfer all of its interest in the
licenses to MidAmerican which will become the surviving corporation and
public utility upon consummation of the merger of Iowa-Illinois,
Midwest Resources Inc. (Midwest Resources), Midwest Power Systems Inc.
(Midwest Power), and MidAmerican. Midwest Resources, and Iowa
corporation and an exempt holding company owns all outstanding common
stock of Midwest Power. Midwest Power, an Iowa corporation, principally
generates, transmits and distributes electric energy in Iowa and South
Dakota. MidAmerican, an Iowa corporation which would be the surviving
holder of 25 percent of Facility Operating Licenses DPR-29 and DPR-30,
was formed by Iowa-Illinois and Midwest Resources to effectuate this
merger and it presently owns no assets and is not engaged in any
business. By letter dated November 21, 1994, Iowa-Illinois informed the
Commission that the current holders of shares of Iowa-Illinois common
stock and holders of shares of Midwest Resources common stock will
[[Page 2616]] exchange their shares for shares of MidAmerican.
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 have the control of the license and
the transfer of the control is otherwise consistent with applicable
provisions of law, regulations and orders of the Commission. Iowa-
Illinois has requested consent under 10 CFR 50.80 for transfer of the
licenses to reflect the effective change in control of such ownership
interest in the Quad Cities Nuclear Power Station, Units 1 and 2.
For further details with respect to this action, see the November
21, 1994, letter, which is 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 Dixon Public Library, 221 Hennepin Avenue, Dixon, Illinois 61021.
Dated at Rockville, Maryland this 4th day of January 1995.
For the Nuclear Regulatory Commission.
Robert A. Capra,
Director, Project Directorate III-2, Division of Reactor Projects--III/
IV, Office of Nuclear Reactor Regulation.
[FR Doc. 95-540 Filed 1-9-95; 8:45 am]
BILLING CODE 7590-01-M
