HomeMy Public PortalAbout04-16-2007 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, APRIL 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, April 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 Sharp moved to approve the minutes of the meeting held April 16, 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 291,430.25
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 111,237.26
Telecom. Div. Misc. Pre Paid Invoices: 6,641.05
Total Prepaid Invoices: 409,398.56
Total EFT/Direct Deposit of Payroll: (105,127.091
Total Prepaid Invoices: 304,271.47
Total EFT Transfers: 2,838,396.98
Total Prepaids plus EFT Transfers: 3,142,668.45
Total Bills Not Paid: 919.625.80
Grand Total: $4,062,294.25
STREET LIGHT COMMITTEE:
None
OLD BUSINESS:
None
NEW BUSINESS:
None
REPORT BY GENERAL MANAGER:
• The annual audit by the State of Indiana is in process.
• Sandra Morris is the new Finance Manager.
• Mr. Saum met with the Indiana Municipal Power Authority regarding the Prairie State project.
• Sargent&Lundy met with Richmond Power& Light regarding the feasibility study.
• The first load of coal to be delivered by rail was scheduled for April 16.
• There will be a meeting of the Board on April 30, 7 PM in the Conference Room at Richmond Power
and Light. This meeting will be an update on finances for the Year 2006.
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