HomeMy Public PortalAbout06-29-2009 PROCEEDINGS OF THE BOARD OF DIRECTORS
FOR RICHMOND POWER & LIGHT
MONDAY, JUNE 29, 2009
The Common Council of the City of Richmond, Indiana, serving as a Board in charge of the operations of
the Richmond Power & Light Plant met in regular session at 7 p.m. June 29, 2009 in the Council
Chambers in the Municipal Building in said City. Chairperson Quinn presided.
ROLL CALL:
Board members 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 Steve Saum, Richmond Power and Light General Manager, Rich Cody, Parallax, Walt
Chidester, City Attorney and Karen Chasteen, City Clerk.
APPROVAL OF MINUTES:
Mr. Parker moved to approve the minutes of the meeting held June 1, 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 663,918.87
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 506,789.99
Telecom. Div. Misc. Pre Paid Invoices: 101,052.03
EFT/Direct Deposit of Payroll: 246,696.23
EFT Transfers: 4,237,376.22
Total Bills Not Paid: 655.790.70
Grand Total: $5,918,231.58
STREET LIGHT COMMITTEE: None
OLD BUSINESS: None
NEW BUSINESS: None
REPORT BY GENERAL MANAGER:
• Mr. Saum reported there was good discussion regarding the Cap and Trade legislation and
Green Energy at the National American Public Power Agency Conference.
• Barnes and Thornburg has drafted a response letter to the Environmental Protection Agency that
presents the case of Richmond Power and Light.
• Mr. Cody presented the year-to-date report for Parallax.
• Liability and vehicle insurance policies are being reviewed in preparation for renewals.
• RP&L has been generating for the past two weeks. The market is not good but we are breaking
even.
MISCELLANEOUS BUSINESS: None
ADJOURNMENT:
There being no further business and a motion duly made, the meeting was adjourned.
Phil Quinn, Chairperson
ATTEST: Karen Chasteen, IAMC, MMC
City Clerk