HomeMy Public PortalAbout03-19-2012 PROCEEDINGS OF THE BOARD OF DIRECTORS
FOR RICHMOND POWER & LIGHT
MARCH 19, 2012
The Board of Directors for Richmond Power& Light Plant met in regular session at 7 p.m. March 19, 2012
in the Council Chambers in 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, Ron Oler and Phil Quinn.
Also present were: Gus Duke, Energy Delivery Manager; Kim Vessels, Assistant, City Attorney; Karen
Chasteen, City Clerk; Rich Cody, Parallax Solutions; Bob and Margaret Wotherspoon; Sherri Oler; and,
Steve Saum.
APPROVAL OF MINUTES:
Mr. Parker moved to approve the minutes of the meeting held March 5, 2012, supported by Ms. Hollis.
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 301,717.58
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 179,290.15
Telecom. Div. Misc. Pre Paid Invoices: 34,520.66
EFT/Direct Deposit of Payroll: 170,070.64
EFT Transfers: 4,691,268.46
Total Bills Not Paid: 91.834.05
Grand Total: $5,128,560.26
STREET LIGHT COMMITTEE: None
OLD BUSINESS:
• Interim General Manager: The Contract with Kerry Vincent has been reviewed by the Law
Department and approval was recommended. Mr. Parker moved to approve, supported by Mr.
Quinn. Upon a vote viva voce, the motion passed.
NEW BUSINESS:
• Mr. Miller moved to approve the Fiber Rate Restructuring for Parallax Systems as recommended
by Mr. Cody. This motion was supported by Ms. Cruse-Nicholson. Upon a vote viva voce, the
motion passed.
REPORT BY GENERAL MANAGER:
• Electric Car: Two options were reviewed for the disposal of an electric car owned by RP&L. A
local car deal would pay $300-500 or it could be donated to Ivy Tech to be used for training
purposes. Mr. Winget moved to donate the car to Ivy Tech, supported by Ms. Cruse-Nicholson.
Upon a vote viva voce,the motion passed.
• Underground Storage Tanks: The removal of two storage tanks has been contracted. Staff
asked for authority to receive bids for the installation of an above-ground storage tank for diesel
fuel. Fifty Five thousand Dollars ($55,000) has been budgeted for this project in 2012. Mr. Duke
was asked to investigate the possibility of also installing an additional tank for gasoline and
evaluate the cost savings of buying in bulk. Mr. Duke will report back to the Board at the next
meeting.
MISCELLANEOUS BUSINESS:
• An Executive Session will be March 26, 7:00 pm at RP&L.
ADJOURNMENT:
There being no further business and a motion duly made, the meeting was adjourned.
RP&L—Board of Directors Minutes
March 19,2012
Page 2
Bruce Wissel, Chairperson
ATTEST: Karen Chasteen, IAMC, MMC
City Clerk
A recording of this meeting is on file in the Office of the City Clerk.