HomeMy Public PortalAbout02-05-2007 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, FEBRUARY 5, 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, February 5, 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 Welch moved to approve the minutes of the meeting held January 16, 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 302,243.10
Investments Purchased From:
Depreciation Reserve Fund 4,617,559.67
Cash Reserve Fund 534,927.00
Transfers from Cash Operating to:
Consumer Deposit Fund 335,000.00
Miscellaneous Prepaid Invoices 23,704.15
Telecom. Div. Misc. Pre Paid Invoices: 5,487,486.67
Total Prepaid Invoices: 6,191,437.17
Total EFT/Direct Deposit of Payroll: (113,088.20)
Total Prepaid Invoices: 6,078,348.97
Total EFT Transfers: 2,728,745.66
Total Prepaids plus EFT Transfers: 8,807,094.63
Total Bills Not Paid: 362. 656.91
Grand Total: 9,169,656.54
STREET LIGHT COMMITTEE:
None
NEW BUSINESS:
• Mr. Saum requested approval to purchase the Whitewater Valley Generating Station transformer
as approved in the 2007 Budget. The cost of the new transformer is $92,500. The 2007 budget
for this item is $350,000. Board member Welch moved to authorize the purchase with a second
by Board member Sharp. Upon a vote viva voce, the motion passed.
• Authorization was requested to enter into a five (5) year Emergency Interconnection agreement
with Dayton Power and Light. Mr. Saum reported five — six poles will need to be installed which
will run our lines to the Indiana/Ohio state line. Board member Sharp moved to approve the
Agreement with a second by Board member Wissel. Upon a vote viva voce, the motion passed.
OLD BUSINESS:
• BAG HOUSE ENGINEERING AND FEASIBILITY STUDY
■ There was a mailing error with the Request for Quote. Board member Welch moved to reject all
bids and re-advertise with a second by Board member Pappin. Upon a vote viva voce, the
motion passed.
■ FULL SIZE PICK UP TRUCK TO REPLACE UNIT#38:
Board member Welch moved to accept the Proof of Publication with a second by Board member
Wissel. The following bids were opened for the Bag House Engineering and Feasibility Study:
Fred First Ford $19,266
Studebaker GMC $20,499
New Castle Ford, Lincoln Mercury $15,749
Victory Chevrolet $17,784
RP&L—Board of Directors Minutes
February 5,2007
Page 2
All bids were referred to the General Manager for tabulation, evaluation and recommendation.
■ SPORTS UTIITY VEHICLE:
The following bids were opened for a Sports Utility Vehicle to replace Unit #22, a 2002 Sports
Utility Vehicle with 105,101 miles:
Board member Welch moved to accept the Proof of Publication with a second by Board member
Pappin. The following bids were opened for a full size pick up truck to replace Unit#38, a 1997
pick up with 128,650 miles:
Nottingham Auto $31,451
The bid was referred to the General Manager for tabulation, evaluation and recommendation.
REPORT BY GENERAL MANAGER:
• Richmond Power& Light has submitted written testimony opposing the 2005 Energy Policy Act.
• The generators have been at full power for the past week due to the recent cold weather.
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