HomeMy Public PortalAbout06-01-2020 PROCEEDINGS OF THE BOARD OF DIRECTORS
FOR RICHMOND POWER& LIGHT
JUKE 1,2020
The Board of Directors for Richmond Power & Light Plant met in regular session at 7:00
p.m, June 1, 2020, in the Council Chambers of the Municipal Building in said City.
Chairperson Oler presided.
ROLL CALL:
Board members present were Doug Goss,Kelley Cruse Nicholson, Bill Engle,Jeff Cappa,
Jeffrey Locke, Gary Turner, Jane Bumbalough,Ron Oler and Larry Parker.
Also present were: Randy Baker, General Manager; Andrew Sickmann, Corporate
Council; Karen Chasteen, City Clerk; Media; and, Sergeant-at-Arms.
APPROVAL'OF MINUTES:
Board Member Locke moved to approve the minutes of the Regular Meeting held May 18,
2020, supported,by Board Member Parker. Upon a vote viva voce,the motion carried.
APPROVAL OF BILLS,INVESTMENTS AND TRANSFERS:
Upon recommendation of the Finance Committee, Board Member Oler moved to approve
claims for payment in the amount of Six Hundred Seventy three Thousand Four Hundred
Two Dollars and four cents ($673,402.04), supported by Board Member Bumbalough.
Upon a vote viva voce,the motion carried.
OLD BUSINESS:
None
NEW BUSINESS:
None
REPORT BY GENERAL MANAGER:
• Cash flow is being watched very closely. At,this time revenue is down
approximately 10%.
• There will be a field meeting at Civic Hall on June 29 at 6:00 pm. This is one of
the steps in the rate adjustment procedure. If anyone has comments, contact
UCCinfo@oucc.in.gov
• RP&L—Board of Directors Minutes
June 12020
Page 2
MISCELLANEOUS BUSINESS:
None
ADJOURNMENT:
There being no further business and a motion duly made,the meeting was adjourned.
U_(.
ary Turner, Chairperson
ATTEST: Karen Chasteen,IAMC,MMC
City Clerk
A recording of this meeting is on file in the Office of the City Clerk.