HomeMy Public PortalAbout06-02-2008 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 2, 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 2, 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, Bob Goodwin and Phil Quinn.
APPROVAL OF MINUTES: Board member Parker moved to approve the minutes of the meeting, held
May 19, 2008. Board member Miller seconded. 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 312,241.97
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 293,596.53
Telecom. Div. Misc. Pre Paid Invoices: 8,711.64
Total Prepaid Invoices: 614,550.14
Total EFT/Direct Deposit of Payroll: (123,896.55)
Total Prepaid Invoices: 490,653.59
Total EFT Transfers: 787,016.73
Total Prepaids plus EFT Transfers: 1,277,670.32
Total Bills Not Paid: 457.567.53
Grand Total: $1,735,237.85
STREET LIGHT COMMITTEE: None
OLD BUSINESS:
■ AWARD BIDS FOR TWO 2008 4-DOOR HYBRID SEDANS:
Mr. Saum recommended awarding the bid to Wetzel Dodge Honda in the amount of$44,220.00
for two 2008 Hybrid Civics. Board member Miller moved to approve the recommendation, with a
second by Board member Parker. Upon a vote viva voce,the motion passed.
NEW BUSINESS: None
REPORT BY GENERAL MANAGER:
• Richmond Power and Light has entered into negotiations with the Indiana Municipal Power
Agency relative to the PGM market/capacity sales. If approved, the revenue is estimated to be
$2.25 million.
• Both Units are on line as of June 2.
• RP&L is entering into an agreement with IMPA re North American Electric Reliability Council
standards. IMPA will submit the necessary reports for RP&L.
ADJOURNMENT:
There being no further business and a motion duly made,the meeting was adjourned.
ing Welch hairperson
ATT ST: Karen Chas een, Clerk