HomeMy Public PortalAbout08-02-2010 PROCEEDINGS OF THE BOARD OF DIRECTORS
FOR RICHMOND POWER& LIGHT
AUGUST 2, 2010
The Board of Directors for Richmond Power & Light Plant met in regular session at 7 p.m. August 2, 2010 in
the Council Chambers in the Municipal Building in said City. Chairperson Welch 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: City Attorney, Walt Chidester; General Manager Steve Saum; City Clerk, Karen Chasteen;
Harry Phillips, Randy Baker, Bob Crye and several employees of Richmond Power and Light.
APPROVAL OF MINUTES:
Mr. Parker moved to hold the minutes of the regular meeting held July 19, 2010 because there was a question
as to the accuracy of the amount of the Bills Not Paid and approve the minutes of a Special Meeting on July 26,
2010, supported by Ms. Pappin. 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 329,339.69
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 661,752.85
Telecom. Div. Misc. Pre Paid Invoices: 55,849.43
EFT/Direct Deposit of Payroll: 130,550.73
EFT Transfers: 116,238.08
Total Bills Not Paid: 219,590.98
Grand Total: $1,252,220.30
STREET LIGHT COMMITTEE: In response to a request of Mr. Welch on July 19 re two street lights being
installed on Parkdale Drive, Mr. Elstro reported that no new street lights will be installed at the present time.
OLD BUSINESS: •
None
NEW BUSINESS:
• ENERGY FROM WASTE TECHNOLOGY: Mr. Saum outlined the "gasification process" of using
landfill materials to produce electricity. Using coal is more costly and difficult. RP&L needs to find a
better more efficient of generating.
Mr. Quinn moved to authorize Messrs. Saum and Phillips to proceed with the investigation of
producing energy from Waste Technology, supported by Ms. Cruse-Nicholson. The motion was
granted with a 9-0 roll call vote.
REPORT BY GENERAL MANAGER:
• Generation has been strong in July
• The rate study is progressing
• Demand Site Management proposals are before the Committee
• Revenues are up 3.2%; operating expenses are down 5.0%; RP&L is currently 5.5% under budget and
the average rate is 5.2% less per KW hour than 2009
MISCELLANEOUS BUSINESS:.
ADJOURNMENT:
There being no further business and a motion duly made,the meeting wa djourned.
g Welch
Chairperso
I
ATTEST: Karen Chasteen, IAMC, MMC
City Clerk