HomeMy Public PortalAbout03-03-2008 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, MARCH 3, 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. Monday, March 3, 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 Memorandum of Proceedings of the Executive Session and
regular meeting held February 19, 2008. Board member Cruse-Nicholson 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 309,536.26
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 221,657.98
Telecom. Div. Misc. Pre Paid Invoices: 5,788.06
Total Prepaid Invoices: 536,982.30
Total EFT/Direct Deposit of Payroll: (118,014.63)
Total Prepaid Invoices: 418,967.67
Total EFT Transfers: 2,481,048.49
Total Prepaids plus EFT Transfers: 2,900,016.16
Total Bills Not Paid: 523.643.06
Grand Total: $3,423,659.22
STREET LIGHT COMMITTEE: None
OLD BUSINESS:
■ AWARD BID ON A TRANSFORMER FOR THE JOHNSON STREET SUBSTATION:
Two payment plans are offered for the North Transformer:
1. Purchase price of$1,215,636 paid in two invoices.
2. Purchase price of$1,203,479 paid in four invoices.
Option 2 provides RP&L with the most savings. The utility earns $2,465 less interest, but saves
$12,157 in purchase costs. This would result in a savings of$9,692. Mr. Saum stated there is a
possibility some 2009 funds will need to be transferred to the 2008 budget. This will not occur
until it becomes necessary.
Board member Parker moved to award the bid to Delta Star, Inc. using Option 2 for payment,with
a second by Board member Pappin. Upon a vote viva voce,the motion passed.
NEW BUSINESS:
■ RESOLUTION NO. 2-2008: This Resolution would amend Resolution No. 5-2007 which
established salaries for all Richmond Power and Light employees for the year 2007. Resolution
No. 5-2007 would be amended by adding:
1. In addition to the salaries established herein, the General Manager is authorized to
implement any two step-six month interval classification increase required to be provided
to an employee pursuant to the employee's classification.
In further addition to the salaries established herein, all employees shall also be entitled
to the fringe benefits set forth within the employee policy manual.
2. The following job titles and salary range shall be added to Schedule "A" of the said
Resolution as indicated below:
RP&L—Board of Directors Minutes
March 3,2007
Page 2
Job Title Effective Date Hourly Rate BiWeekly Pay
General Manager 01/15/2008 $53.00 $4,240.00
Adoption of Resolution No. 2-2008 was recommended by the Personnel Committee. Board
member Parker moved to adopt Resolution No. 2-2008, with a second by Board member Pappin.
Upon a vote viva voce, the motion passed.
■ PARALLAX FIBER OPTIC RATES:
Parallax Manager Rich Cody requested approval for fiber bandwidth changes. In an effort to
adjust to the local competitive environment, it is necessary to periodically review service offerings
in comparison to other local providers. Mr. Cody also requested authorization to file new fiber
optic rates with the Indiana Utility Regulatory Commission.
Board member Miller moved to authorize the General Manager to file fiber optic bandwidth
changes and rates with the IURC, with a second by Board member Goodwin. Upon a vote viva
voce, the motion passed 8-1. Dissenting was Board member Pappin.
REPORT BY GENERAL MANAGER:
• The Indiana Utility Regulatory Commission has approved the plans for financing the bag house.
There have been no invoices received to date so RP&L is waiting to see if the interest rates
decrease before paying them.
The number of local contractors being used on this project is not final at this time. Mr. Saum will
inform the Board when the figures are complete.
• RP&L has received the January check from Indiana Municipal Power Agency in the amount of
$200,000.
■ The annual rates for the Workman's Comp insurance policy are $13,000 less since Richmond
Power& Light and the City of Richmond have separate policies.
• Mr. Saum attended the American Public Power Association Rally was in Washington, DC. He
met with several legislators (there were 52 from Indiana).
• The plans for the Lineman's Rodeo are going very well. The Rodeo is April 19. Volunteers are
still needed.
ADJOURNMENT:
There being no further business and a motion duly made,the meeting was adjourned.
Bifig-Welch, 7hairperson
ATTEST: Karen Chasteen, Clerk