HomeMy Public PortalAbout02-22-2011 PROCEEDINGS OF THE BOARD OF DIRECTORS
FOR RICHMOND POWER & LIGHT
FEBRUARY 22, 2011
The Board of Directors for Richmond Power & Light Plant met in regular session at 7 p.m. February 22,
2011 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, Bing Welch,
Larry Parker, Diana Pappin, Bob Goodwin and Phil Quinn.
Also present were: Walt Chidester, City Attorney; Steve Saum, General Manager; Karen Chasteen, City
Clerk
APPROVAL OF MINUTES:
Mr. Miller moved to approve the minutes of the regular meeting held February 7, 2011 and Executive
Session of February 14, 2011 supported by Ms. Cruse-Nicholson. Upon a vote viva voce, the motion
passed.
APPROVAL OF BILLS, INVESTMENTS AND TRANSFERS:
Upon recommendation of the Finance Committee, Ms. Pappin moved to approve the following bills for
payment, supported by Mr. Goodwin. Upon a vote viva voce, the motion passed.
Bills Already Paid:
Payroll and Deductions 324,967.47
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 414,940.25
Telecom. Div. Misc. Pre Paid Invoices: 31,651.57
EFT/Direct Deposit of Payroll: 128,990.21
EFT Transfers: 2,555,437.51
Total Bills Not Paid: 119.444.98
Grand Total: $3,317,451.57
STREET LIGHT COMMITTEE: None
OLD BUSINESS:
• AWARD BID on constructing a new Storeroom building as previously approved in the budget.
Mr. Saum requested additional time for review of the bids received.
NEW BUSINESS: None
REPORT BY GENERAL MANAGER:
• The market is down; generator is off-line
• RP&L was in the black ($2.4 million) at the end of 2010
• An article "Regulatory Run-Through"was distributed to the Board
MISCELLANEOUS BUSINESS: None
ADJOURNMENT:
There being no further business and a motion duly made, the meeting was adjourned.
Bruce Wissel, Chairperson
ATTEST: Karen Chasteen, IAMC, MMC
City Clerk