HomeMy Public PortalAbout11-18-2013 PROCEEDINGS OF THE BOARD OF DIRECTORS
FOR RICHMOND POWER & LIGHT
NOVEMBER 18, 2013
The Board of Directors for Richmond Power& Light Plant met in regular session at 7 p.m. November 18,
2013 in the Council Chambers of the Municipal Building in said City. Chairperson Wissel presided.
ROLL CALL:
Present were: Howard "Jack" Elstro, Kelley Cruse-Nicholson, Bruce Wissel, Clayton Miller, Don Winget,
Larry Parker, Misty Hollis, and Phil Quinn. Absent was Ron Oler.
Also present were: James French, General Manager; Walt Chidester, City Attorney; Karen Chasteen, City
Clerk; Media and Sergeant-at-Arms.
APPROVAL OF MINUTES:
Mr. Miller moved to amend the November 4, 2013 minutes by stating the presence of Kim Vessels,
Assistant City Attorney in lieu of Walt Chidester City Attorney, supported by Mr. Parker. Upon a vote viva
voce, the motion carried.
Ms. Cruse-Nicholson moved to amend the paragraph regarding Discussion Relative to the 2014 Expense
Budget . . . will result in a 3.56% reduction in controllable expenses, supported by Mr. Winget. Upon a
vote viva voce, the motion carried.
Ms. Cruse-Nicholson moved to approve the minutes of the meeting held November 4, 2013 as amended,
supported by Mr. Winget. Upon a vote viva voce, the motion passed.
APPROVAL OF BILLS, INVESTMENTS AND TRANSFERS:
Upon recommendation of the Finance Committee, Mr. Parker moved to approve the following bills for
payment, supported by Ms. Hollis. Upon a vote viva voce, the motion passed.
Bills Already Paid:
Payroll and Deductions 312,610.88
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 127,523.90
Telecom. Div. Misc. Pre Paid Invoices: 175,299.18
EFT/Direct Deposit of Payroll: 173,986.99
EFT Transfers: 5,174,865.64
Total Bills Not Paid: 94,198.98
Grand Total: $5,710,510.98
STREET LIGHT COMMITTEE: Mr. Winget has been meeting with residents of Oak Park who have
requested street lights. They are developing a plan for the payment of an additional fee for usage if new
lights are installed.
OLD BUSINESS:
None
NEW BUSINESS:
• REQUEST OF BOARD AUTHORIZATION TO HIRE HDR ENGINEERING SERVICES:
Mr. Winget moved to authorize the General Manager to hire HDR Engineering Services to
conduct an engineering assessment of the Whitewater Valley Generating Station in an amount
not-to-exceed Thirty Five Thousand Dollars and zero cents ($35,000) pending legal review and
approval of the City Law Department, supported by Parker. Upon a vote viva voce, the motion
carried.
111 REPORT BY GENERAL MANAGER:
• Thanks to the Line Department for their quick response and repair during the Storm November 17
• October Financials were distributed. Mr. French noted significant increases in revenue.
MISCELLANEOUS BUSINESS:
• Mr. Parker asked that consideration be given to the early payoff of the 2008 Bond with Chase
Bank. Mr. French will review and make a recommendation on December 2, 2013.
ADJOURNMENT:
RP&L—Board of Directors Minutes
November 18,2013
Page 2
There being no further business and a motion duly made, the meeting was adjourned.
Bruce Wissel, Chairperso
ATTEST: Karen Chasteen, IAMC, MMC
City Clerk
A recording of this meeting is on file in the Office of the City Clerk.