239 



ENCLOSURE VII ENCLOSURE VII 



not lead to default or make the bonds immediately due and payable 

 because the condemnation would be considered a transfer of the 

 reactor "through the operation of the law." In addition, we found 

 that although many factors could be expected to Influence the rate 

 charged for electricity from the plant, the cost of electricity 

 from plant 1 would probably be lower than the cost of electricity 

 produced from the most economical power-generating alternative. 



23 GAO/RCED-93-133R, GAO Products on Boaneville Power Administration 



