HomeMy Public PortalAbout12-17-2007 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, DECEMBER 17, 2007
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, December 17,2007 in the Council Chambers in the Municipal Building in said
City.Chairperson Parker presided.
ROLL CALL: Present were: Howard "Jack" Elstro, Etta Lundy, Bruce Wissel, Karl Sharp, Bing Welch, Larry Parker, Al Glover,
Diana Pappin and Gil Klose. Also present was General Manager Steve Saum and Walter Chidester,City Attorney.
APPROVAL OF MINUTES: Board member Sharp moved to approve the minutes of the meeting held December 3,2007. Board
member Welch 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 Klose. Upon a vote viva voce,the motion passed.
Bills Already Paid:
Payroll and Deductions 307,370.05
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 160,888.76
Telecom.Div.Misc.Pre Paid Invoices: 18,570.04
Total Prepaid Invoices: 486,828.85
Total EFT/Direct Deposit of Payroll: (118,161.34)
Total Prepaid Invoices: 368,667.51
Total EFT Transfers: 83,930.18
Total Prepaids plus EFT Transfers: 452,597.69
Total Bills Not Paid: 1.334.079.23
Grand Total: $1,786,676.92
STREET LIGHT COMMITTEE:
• Requests for street lights at the Rose City Business Park and the 1000 block of SW 1st Street have been reviewed by the
Richmond Power and Light engineering department. These petitions will be heard by the Board of Works in January.
• The procedure for processing petitions for street lights will be given to Council members at the next meeting.
• Crews have been working a special shift to keep burned out lights replaced.
OLD BUSINESS:
None
NEW BUSINESS:
• JOHNSON STREET SUBSTATION TRANSFORMER: General Manager Steve Saum requested authorization to receive
bids for a transformer for the Johnson Street substation. The budget for this item is$1,200,000. Board member Wissel
moved to approve this request,with a second by Board member Sharp. Upon a vote viva voce,the motion passed.
• HODGIN SUBSTATION EXPANSION: Mr. Saum requested authorization to receive bids on the Hodgin Substation
expansion. Board member Sharp moved to approve this request,with a second by Board member Welch. Upon a vote
viva voce,the motion passed.
• RESOLUTION NO. 7-2007 RE THE GENERAL MANAGER'S DEFERRED COMPENSATION AGREEMENT: This
Agreement is standard for a general manager. Board member Wissel moved to approve Resolution No.7-2007 and the
Deferred Compensation Agreement with a second by Board member Welch. Upon a vote viva voce,the motion passed.
• FLY ASH DISPOSAL CONTRACT WITH RICHMOND SANITARY DISTRICT:
The Richmond Sanitary District originally asked for$19.50/ton but finally agreed to keep the cost at$6.50/ton for the next
three months. During that time, RSD will re-evaluate the process to ensure their costs are covered. If, at that time, an
increase is necessary, Richmond Power and Light will be given an additional three months to find another place to
dispose of their fly ash.
REPORT BY GENERAL MANAGER:
• The Indiana Municipal Power Agency Commissioners met on December 7 and approved the agreement of 50/50
proceeds from the generating station.
• Mr.Saum presented plaques to outgoing Board members Etta Lundy,Karl Sharp,Al Glover and Gil Klose.
ADJOURNMENT:
There being no further business,the meeting was adjourned.
S/S Larry Parker
Larry Parker,Chairperson
S/S Karen Chasteen
ATTEST: Karen Chasteen,Clerk