HomeMy Public PortalAbout02-04-2008 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, FEBRUARY 4,2008
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, February 4, 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,Bing Welch, Larry Parker, Diana Pappin,
Phil Quinn and Bob Goodwin. Absent was Board member Miller.
APPROVAL OF MINUTES: Board member Parker moved to approve the minutes of the meeting held January 22,2008. Board
member Pappin 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 303,080.76
Investments Purchased From:
Depreciation Reserve Fund 1,236,513.45
Insurance Reserve Fund 353,294.07
Total 1,589,807.52
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 2,483,569.46
Telecom.Div.Misc.Pre Paid Invoices: 83,193.09
Total Prepaid Invoices: 4,459,650.83
Total EFT/Direct Deposit of Payroll: (114,605.52)
Total Prepaid Invoices: 4,345,045.31
Total EFT Transfers: 108,731.61
Total Prepaids plus EFT Transfers: 4,453,776.92
Total Bills Not Paid: 601.675.29
Grand Total: $5,055,452.21
STREET LIGHT COMMITTEE: None
OLD BUSINESS: None
NEW BUSINESS:
Steve Saum, General Manager, asked that the Hodgin Road project be placed on the Agenda and requested the authority to
request bids for the engineering of the 69kv transmission portion of the project. Board member Wissel moved to approve the
request,with a second by Board member Quinn. Upon a vote viva voce,the motion passed.
REPORT BY GENERAL MANAGER:
■ REORGANIZATION UPDATE:
Mr. Saum reviewed the RP&L Management Reorganizational Chart with Board members. There will be a savings of
$228,852 in salaries without a loss of jobs plus approximately$75,000 savings in benefits. The goal of this reorganization
is to operate more efficiently.
■ FLY ASH DISPOSAL:
At the December 17,2007 Board meeting, General Manager, Steve Saum reported when the Sanitary District submitted
their proposal for the second year of disposing of fly ash at the District's landfill, the cost per ton would increase from
$6.50/ton to$19.50/ton. At that time,the District agreed to keep the cost at$6.50/ton for three months to allow time for
RSD to re-evaluate the process to ensure their costs were covered. The District has now determined an increase is
necessary. Richmond Power and Light has been given an additional three months to find another place to dispose of
their fly ash. Mr.Saum recommended the mine in Southern Indiana for an additional cost of$15,000/year. City Attorney,
Walt Chidester,suggested a representative of the Sanitary District be invited to the February 19 Board meeting to explain
the District's position in this matter.
• The hearing for the approval of the financing for the Baghouse will be held February 13 with the Indiana Utility Regulatory
Commission.
• Mr.Saum distributed an update for the Prairie State Facility.
• During the storm with severe winds last week, there was a power outage on the Southwest side affecting approximately
3500 customers. No major damage.
ADJOURNMENT:
There being no further business and a motion duly made,the meeting was adjourned.
°7/ A LZ.,
Bing elch,C7fperson
ATTEST: Karen Chasteen,Clerk