HomeMy Public PortalAbout10-05-2009 PROCEEDINGS OF THE BOARD OF DIRECTORS
FOR RICHMOND POWER & LIGHT
MONDAY, OCTOBER 5, 2009
The Board of Directors for Richmond Power & Light Plant met in regular session at 7 p.m. October 5,
2009 in the Council Chambers in the Municipal Building in said City. Chairperson Quinn 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, Richmond Power and Light General
Manager and Karen Chasteen, City Clerk.
APPROVAL OF MINUTES:
Mr. Parker moved to approve the minutes of the meeting held September 21, 2009, supported by Mr.
Welch. 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 311,543.91
Investments Purchased From:
Depreciation Reserve Fund: 8,900,000.00
Consumer Deposit Fund: 450,000.00
Insurance Reserve Fund: 1,332,000.00
Bond Reserve Fund: 400,000.00
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 132,719.33
Telecom. Div. Misc. Pre Paid Invoices: 58,016.79
EFT/Direct Deposit of Payroll: 118,019.88
EFT Transfers: 81,230.06
Total Bills Not Paid: 360.074.06
Grand Total: $11,907,564.27
STREET LIGHT COMMITTEE: None
OLD BUSINESS: None
• One bid was received for a 4 door, 4-wheel drive vehicle for the T&D Superintendent as approved
in the budget: Wetzel - $29,505 (F150 Crew Cab pick up truck). Mr. Wissel moved to authorize
the General Manager to request additional bids, supported by Mr. Parker. Upon a vote viva voce,
the motion passed.
• Mr. Saum recommended awarding the bid received for a 2010 45-foot bucket truck to replace
Unit #5, a 1998 bucket truck with 95,355 miles to Utility Truck Equipment in the amount of
$101,950 (includes trade-in). Mr. Wissel moved to approve Mr. Saum's recommendation,
supported by Mr. Miller. Upon a vote viva voce,the motion passed.
• Mr. Saum recommended awarding the bid received on a 2010 65-foot bucket truck to replace Unit
#30, a 1999 bucket to Altec in the amount of $144,434 (no trade-in). Mr. Wissel moved to
approve Mr. Saum's recommendation, supported by Mr. Welch. Upon a vote viva voce, the
motion passed.
NEW BUSINESS: None
REPORT BY GENERAL MANAGER:
• The 2010 Budget process is going smoothly and will be ready for distribution to Board members
on October 19. There will be a meeting to discuss the proposed budget on November 5, 6:00 PM
at Richmond Power and Light.
• A Special meeting to discuss Environmental Protection Agency issued on October 26, 6:00 PM at
RP&L.
• "Energy Today" magazine is featuring a 4-page article about RP&L.
MISCELLANEOUS BUSINESS: None
RP&L—Board of Directors Minutes
October 5,2009
Page 2
ADJOURNMENT:
There being no further business and a motion duly made, the meeting was adjourned.
h Quinn, Chairperson
ATTEST: Karen Chasteen, IAMC, MMC
City Clerk