Notice of Availability of Final Environmental Assessment and Finding of No Significant Impact for Cabot Corporation Proposed Decommissioning Plan for Site in Reading, PA

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Notice is hereby given that the U.S. Nuclear Regulatory Commission (NRC) is issuing a final Environmental Assessment (EA) for Cabot Corporation (Cabot or the licensee) Decommissioning Plan (DP), dated August 21, 2006, which requested authorization to commence decommissioning activities to achieve unrestricted release of a site in Reading, Pennsylvania. The final EA makes a finding of no significant impact (FONSI) for the proposed action, and is being issued as part of the NRC's decision-making process on whether to issue an amendment to license SMC-1562, pursuant to Title 10 of the U.S. Code of Federal Regulations Part 40, "Domestic Licensing of Source Material Licenses." The proposed DP specifies installation of a riprap erosion barrier on the site slope. The site is owned by the City of Reading and is located in a large redevelopment area. Tentative City plans are for industrial activities in a new structure to be built on top of the slope, adjacent to the Cabot site. The site itself will not be developed.