HomeMy Public PortalAbout11-06-2006 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, NOVEMBER 6, 2006
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, November 6, 2006 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 Pappin moved to approve the minutes of the meeting held
October 16, 2006. 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 592,266.14
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 284,762.05
Telecom. Div. Misc. Pre Paid Invoices: - 84,623.29
Total Prepaid Invoices: 961,651.48
Total EFT/Direct Deposit of Payroll: (220,550.47)
Total Prepaid Invoices: 741,101.01
Total EFT Transfers: 2,497,295.19
Total Prepaids plus EFT Transfers: 3,238,396.20
Total Bills Not Paid: 1,367,920.55
Grand Total: $4,606,316.75
STREET LIGHT COMMITTEE: None
NEW BUSINESS:
General Manager Osburn presented the proposed 2007 operating budget in the amount of$80,672,739.
Board member Welch moved to approve the 2007 budget with a second by Board member Sharp. Upon
a vote viva voce, the motion passed.
REPORT BY GENERAL MANAGER:
• RP&L received a letter from Takao Kobayashi, Director of the Greenery Policy Division in the City
of Hiroshima, Japan. This letter was to thank RP&L for sending a Dogwood Tree at their request.
This tree has been planted along the Kyobashi-gawa River, which flows through the central of
Hiroshima City. A plaque has also been installed naming the donor.
• The Johns Manville substation is complete and has been energized.
• A replacement transformer has been received and is being installed at the Johnson Street
substation.
• The Federal Energy Regulatory Commission has issued new mandatory reliability standards.
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