HomeMy Public PortalAbout10-15-2007 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, OCTOBER 15, 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, October 15, 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.
APPROVAL OF MINUTES: Board member Wissel moved to approve the minutes of the meeting held October 1, 2007.
Board member Sharp 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 293,995.56
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 86,419.57
Telecom. Div. Misc. Pre Paid Invoices: 7,958.84
Total Prepaid Invoices: 388,373.97
Total EFT/Direct Deposit of Payroll: (108,125.47)
Total Prepaid Invoices: 280,248.50
Total EFT Transfers: 78,676.32
Total Prepaids plus EFT Transfers: 358,924.82
Total Bills Not Paid: 1,142,454.32
Grand Total: $1,501,379.14
STREET LIGHT COMMITTEE: None
OLD BUSINESS: None
NEW BUSINESS:
• General Manager Saum requested authorization to receive bids on a new Digger Derrick to replace Unit#24, a
1997 Digger Derrick with 48,746 miles.
Board member Wissel moved to approve Mr. Saum's request, with a second by Board member Sharp. Upon a
vote viva voce,the motion passed.
• General Manager Saum requested authorization to receive bids on two (2) single drum, trailer mounted
Puller/Tensioners to replace unit#105 and#106, 1982 Puller/Tensioners.
Board member Welch moved to approve Mr. Saum's request, with a second by Board member Glover. Upon a
vote viva voce,the motion passed.
• RESOLUTION NO. 5-2007 — SALARY RESOLUTION — This Resolution fixes the compensation for Richmond
Power and Light employees for Fiscal Year 2008. Board member Welch moved to adopt Resolution No. 5-2007,
with a second by Board member Sharp. Upon a vote viva voce,the motion passed.
• RESOLUTION NO.6-2007—This Resolution relates to bonding and financing of the baghouse for the Whitewater
Valley Generating Station. Board member Elstro moved to adopt Resolution No. 6-2007,with a second by Board
member Welch. Upon a vote viva voce,the motion passed.
REPORT BY GENERAL MANAGER:
• Leslie Ducey, Economic Development Corporation Board Member, and Mr.,Saum reported on their recent trip to
Germany where they attended the Husim Wind Conference(an International Conference on Wind Energy). i
• Unit No. 2 generator will be rewinding copper on coil next spring. The $600,000 repair will be postponed at this
time.
• July and August Financial Reports were distributed to the Board.
• A 2008 Budget meeting will e held October 22,7 PM,at Richmond Power and Light.
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