HomeMy Public PortalAbout06-04-2007 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, JUNE 4, 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,June 4, 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 June 4,
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 291,504.85
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 113,962.18
Telecom. Div. Misc. Pre Paid Invoices: 5,519.84
Total Prepaid Invoices: 410,986.87
Total EFT/Direct Deposit of Payroll: (105,378.32)
Total Prepaid Invoices: 305,608.55
Total EFT Transfers: 77,787.50
Total Prepaids plus EFT Transfers: 383,396.05
Total Bills Not Paid: 625,028.55
Grand Total: $1,008,424.60
STREET LIGHT COMMITTEE: Board member Elstro requested a meeting with General Manager Saum and
Board member Sharp before the next Board meeting.
OLD BUSINESS: None
NEW BUSINESS:
■ Mr. Saum requested authorization to receive bids for a new 2007-08 Mid-size SUV for the General
Manager. Unit #44, a 1995 Chevy Cavalier with 93,161 miles and Unit #26, a 1996 GMC Sonoma
truck wit 65,152 miles, are being traded in.
Board member Welch moved to authorize the General Manager to receive bids on a 2007-08 Mid-Size
SUV with a second by Board member Pappin. Upon a vote viva voce, the motion passed.
■ City Attorney Chidester presented Resolution No. 2-2007. Richmond Power & Light and Amcast
entered into a 100-year lease agreement in 1992. The successor company of Amcast is General
Aluminum Manufacturing Company. Under the terms of that agreement the Company pays the real
estate taxes on the property. General Aluminum is requesting RP&L to execute a Power of Attorney
so they can deal with the taxing authority in matters relating to this property. This Resolution would
authorize the General Manager and the City Attorney to review any and all documents and the General
Manager to sign a Power of Attorney. There would be no fiscal liability for the City or RP&L. Board
member Sharp moved to adopt Resolution No. 2-2007 with a second by Board member Welch. Upon
a vote viva voce, the motion passed.
REPORT BY GENERAL MANAGER:
• American Appraisal is completing the insurance appraisal of buildings.
• Mr. Saum is investigating electronic timekeeping for efficiency.
■ The Indiana Municipal Power Agency contracts are being reviewed: Power Sales and Capacity
Payment. IMPA would like to extend the Power Sales contract for 10 years in order to get Prairie
State financing for a period of 30 years. There is a proposal to amend the Capacity Payment contract
to reflect a 50/50 split of savings. The split would be between IMPA and RP&L. The Board would
have to vote on any amendments to the contracts.
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