HomeMy Public PortalAbout10-16-2006 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, OCTOBER 16, 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, October 16, 2006 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 Wissel moved to approve the minutes of the meeting held
October 2, 2006. Board member Glover 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 284,068.19
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 49,389.45
• Telecom. Div. Misc. Pre Paid Invoices: 7,319.51
Total Prepaid Invoices: 340,770.15
Total EFT/Direct Deposit of Payroll: (106,114.60)
Total Prepaid.Invoices: 234,662.55
Total EFT Transfers: 75,967.01
Total Prepaids plus EFT Transfers: 310,629.56
Total Bills Not Paid: 1,055,647.09
Grand Total: $1,366,276.65
STREET LIGHT COMMITTEE: None
REPORT BY GENERAL MANAGER:
Mr. Osburn presented Resolution No. 2-2006 —A RESOLUTION OF THE COMMON COUNCIL OF'THE
CITY OF RICHMOND ACTING AS THE BOARD OF DIRECTORS OF RICHMOND POWER AND LIGHT
DECLINING TO EXERCISE THE CONTRACT RATE OF DELIVERY OPTION OF THE POWER SALES
CONTRACT BETWEEN THE INDIANA MUNICIPAL POWER AGENCY AND THE CITY OF RICHMOND.
Board member Sharp moved to approve this Resolution with a second by Board member Wissel. Upon a
vote viva voce, the motion passed.
Mr. Osburn requested authorization to use the 2006 Capital Budget item "Containment-Hodgin
Substation"for spill containment at the Whitewater Valley Station. Board member Wissel moved to grant
this request with a second by Board member Welch. Upon a vote viva voce, the motion passed.
NEW BUSINESS:
There will be a Board meeting Monday, October 30 at 7:00 p.m. in the Conference Room of the Service
Building at Richmond Power & Light. The agenda includes Board approval of the IBEW Local 1395
Contract; Board approval of Resolution No. 3-2006 setting salaries and a review of the proposed 2007
budget.
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