The URL can be used to link to this page

Home My Public Portal About12-02-2019 (, d • PROCEEDINGS OF THE BOARD OF DIRECTORS FOR RICHMOND POWER& LIGHT DECEMBER 2,2019 The Board of Directors for Richmond Power& Light Plant met in regular session at 7:00 p.m, December 2, 2019, in the Council Chambers of the Municipal Building in said City. Chairperson Hollis presided. ROLL CALL: Board members present were Doug Goss, Kelley Cruse Nicholson, Bruce Wissel, J. Clayton Miller, Jeffrey Locke, Gary Turner, Misty Hollis,Jamie Lopeman and Ron Oler. Also present were: Randy Baker, General Manager; Tony Foster, Assistant General Manager; Andrew Sickmann, City Attorney; Jeff Cappa; Jane Bumbalough; Fire Chief Jerry Purcell; Stu Milligan;Karen Chasteen, City Clerk; Media; and, Sergeant-at-Arms. APPROVAL OF MINUTES: Board Member Wissel moved to approve the minutes of the November 14,2019 Executive Session and the November 18,2019 Regular Meeting, supported by Board Member Cruse- Nicholson.Upon a vote viva voce,the motion carried. APPROVAL OF BILLS,INVESTMENTS AND TRANSFERS: Upon recommendation of the Finance Committee,Board Member Miller moved to approve claims for payment in the amount of Six Hundred Two Thousand Five Hundred Seventy Five Dollars and forty one cents ($602,575.41, supported by Board Member Oler. Upon a vote viva voce,the motion carried. OLD BUSINESS: None NEW BUSINESS: • 2020 CAPITAL AND EXPENSE BUDGET: Board Member Miller moved to approve the 2020 Capital and Expense Budget, supported by Board Member Lopeman. Upon a vote viva voce,the motion carried. RP&L—Board of Directors Minutes December 2,2019 Page 2 • RESOLUTION NO.3-2019 -COST OF SERVICE: The Indiana Utility Regulatory Commission recommends an increase in the future —possibly late 2020. The removal of coal ash needs to be remediated and plans to decommission the plant are being discussed. Resolution No. 3-2019 was held for a public hearing December 16,2019. • RESOLUTION NO. 4-2019—SALARIES: This Resolution reflects a 3%increase for 97 employees. Board Member Lopeman moved to approve Resolution No. 4-2019, supported by Board Member Oler. Upon a vote viva voce,the motion carried. REPORT BY GENERAL MANAGER: None MISCELLANEOUS BUSINESS: None ADJOURNMENT: There being no further business and a motion duly made,the meeting was adjourned. /fie-( MiAoY Hollis, Chairperson ATTEST: Karen Chasteen, IAMC,MMC City Clerk A recording of this meeting is on file in the Office of the City Clerk.