HomeMy Public PortalAbout07-02-2007 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 2, 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 2, 2007 in the Council Chambers in the
Municipal Building in said City. Chairperson Parker presided.
ROLL CALL: Present were: Howard "Jack" Elstro, Bruce Wissel, Karl Sharp, Bing Welch, Larry Parker, Al Glover,
Diana Pappin and Gil Klose. Absent was Etta Lundy.
APPROVAL OF MINUTES: Board member Sharp moved to approve the minutes of the meeting held June 18, 2007
and the Executive Session held June 21, 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 296,869.81
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 242,032.28
Telecom. Div. Misc. Pre Paid Invoices: 15,868.92
Total Prepaid Invoices: 554,771.01 ,
Total EFT/Direct Deposit of Payroll: (111,612.93)
Total Prepaid Invoices: 443,158.08
Total EFT Transfers: 2,036,312.97
Total Prepaids plus EFT Transfers: 2,479,471.05
Total Bills Not Paid: 848.616.89
Grand Total: $3,328,087.94
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. This matter will be held until the July 16
meeting. This will allow Mr. Saum the opportunity to investigate maintenance costs on hybrid vehicles.,
• ADP Electronic Time Keeping: A cost savings analysis was distributed to the Board. Mr. Saum explained
this software tracks vacation and sick time, engineering time, maintenance time, etc. Board member Welch
moved to authorize the General Manager to proceed with the use of the ADP software with a second by
Board member Glover. Upon a vote viva voce, the motion passed.
• Indiana Municipal Power Authority Contract: IMPA has approved the RP&L contract extending it to the Year
2042. The City Law Department will review the proposed amendment.
NEW BUSINESS:
None
REPORT BY GENERAL MANAGER:
• The Indiana Utility Regulatory Commission has completed the 3`d quarter tracker for the Energy'Cost
Adjustment.
• The Financial Statement for Parallax was distributed to the Board. •
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