HomeMy Public PortalAbout07-16-2007 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, JULY 16, 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, July 16, 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
July 2, 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 197,995.20
Transfers from Cash Operating to:
Cash Reserve Fund 1,284,439.03
Miscellaneous Prepaid Invoices 386,555.48
Telecom. Div. Misc. Pre Paid Invoices: 69,304.87
Total Prepaid Invoices: 2,038,294.67
Total EFT/Direct Deposit of Payroll: (106,665.65)
Total Prepaid Invoices: 1,931,629.02
Total EFT Transfers: 80,130.81
Total Prepaids plus EFT Transfers: 2,011,759/83
Total Bills Not Paid: 988,628.91
Grand Total: $3,000,388.74
STREET LIGHT COMMITTEE: None
OLD BUSINESS:
■ Bid Award for Mid-size SUV: General Manager Saum recommended the bid for a new 2007-08
Mid-size SUV for the General Manager, be awarded to Fred First Ford for an Escape Hybrid in
the amount of$ $24,779. Based on the cost of gas, this vehicle would emit fewer pollutants and
show concern for the environment. The budget amount for this item was$30,000.
Board member Welch moved to approve the purchase of an Escape Hybrid in the amount of
$24,799 with a second by Board member Glover. The motion carried with a 7-2 roll call vote.
Dissenting were Board members Wissel and Pappin.
NEW BUSINESS: None
REPORT BY GENERAL MANAGER:
• The appraisal of all RP&L buildings, substations, vehicles, etc. has been completed. There was
an increase in value of 14%. There will be a 3% increase in insurance premium.
• The contract with the Indiana Municipal Power Agency has been executed by IMPA. It is now
ready for Common Council approval.
• There will be a meeting of the Board on July 30, 7:00 PM at RP&L to discuss the Bag House
studies.
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