DSHW-2009-007516 - 0901a0688013aa98

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Norman H. Bangerter
Go\-rnor
Suzanne Dandoy, M.D.. M PH.
Exfriiiive 1 lifirnr
Kenneth L. .Mkema
niro.-K.r
DEPARTMENT OF HEALTH
DIVISION OF ENVIRONMENTAL HEALTH
Bureau of Solia & Hazardous Wasie
288 Norm 1460 Wesl. P.O. Box 16690
Sail Laxe dv. Ulah 84116-0690
[phone]
DSHW TN
1990.20625
January 24, 1990
C. Luckey Heath, Director
Safety and Environmental Affairs
Thiokol Corporation
P.O. Box 707
Brigham City, Utah 84302-0707
Re: Utah-Based Operations Financial Assurance
UTD009081357
WL9001
Dear Mr. Heath:
A review of the financial test submitted on September 28, 1989 revealed an inadequacy
that needs to be addressed. Thiokol has chosen to utilize the financial test mechanism,
Altemative II, to demonstrate financial responsibility for liability coverage and
closure/post-closure care. The Altemative II option of the financial test must have a
bond rating as required by R450-7-15 [40 CFR 264.147(f)(l)(ii)]. Thiokol's Altemative
II does not indicate a bond date of issuance, maturity or rating. Therefore, the Thiokol
submittal is unacceptable. If a bond is not utilized, Thiokol has the option of using
Altemative I of the financial test or another acceptable financial assurance mechanism.
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Thiokol is hereby required to submit to this office an acceptable financial assurance
mechanism by Febmary 23, 1990.
Any questions should be directed to Brad Maulding at [phone].
Sincerely,
Dennis R. Downs
Executive Secretary
Utah Solid and Hazardous Waste Committee
c: Carol Lee, U.S. EPA, 8HWM-RM
Larry Wapensky, U.S. EPA, 8HWM-RI
John C. Bailey, M.D., M.S.P.H., Bear River District Health Dept.
DRD/BM/cw