HomeMy Public PortalAbout06-16-2008 •
PROCEEDINGS OF THE COMMON COUNCIL OF THE
CITY OF RICHMOND, INDIANA, SERVING AS A BOARD
IN CHARGE OF THE OPERATION OF THE RICHMOND POWER & LIGHT PLANT
MONDAY, JUNE 16, 2008
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 16, 2008 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, and Phil Quinn. Absent was Bob Goodwin.
APPROVAL OF MINUTES: Board member Parker moved to approve the minutes of the meeting held
June 2, 2008, supported by Board member Wissel. Upon a vote viva voce, the motion passed.
APPROVAL OF BILLS, INVESTMENTS AND TRANSFERS:
Upon recommendation of the Finance Committee, Board member Pappin moved to approve the following
bills for payment with a second by Board member Quinn. Upon a vote viva voce, the motion passed. .
Bills Already Paid:
Payroll and Deductions 323,657.13
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 193,996.30
Telecom. Div. Misc. Pre Paid Invoices: 62,060.40
Total EFT/Direct Deposit of Payroll: (118,889.56)
Total EFT Transfers: 88,350.45
Total Prepaids plus EFT Transfers: 549,174.72
Total Bills Not Paid: 2,009,842.08
Grand Total: $2,559,016.80
STREET LIGHT COMMITTEE:
None
OLD BUSINESS:
None
NEW BUSINESS:
None
REPORT BY GENERAL MANAGER:
• The agreement with IMPA re North American Electric Reliability Council standards has been
finalized.
• Unit#1 was down for a while but the leak has been repaired.
• The PGM market was at$120 this date.
• Abbreviated balance sheets were distributed for review. They can be accessed on line.
• A six month review of fuel savings of three hybrid vehicles indicates a savings of approximately
$4100 annually. RP&L will be purchasing additional hybrids.
• Due to the recent storms, six linemen traveled to Anderson to assist.
ADJOURNMENT:
There being no further business and a motion duly made,the meeting was adjourned.
Bi elch, C airperson
TTEST: Karen Chasteen, Clerk