HomeMy Public PortalAbout09-05-2006 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
TUESDAY, SEPTEMBER 5, 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. Tuesday, September 5, 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 Wissel moved to approve the minutes of the meeting held
August 21, 2006. 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 293,555.90
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 211,771.79
Telecom. Div. Misc. Pre Paid Invoices: 71,000.63
Total Prepaid Invoices: 576,328.32
Total EFT/Direct Deposit of Payroll: (107,968.10)
Total Prepaid Invoices: 468,360.22
Total EFT Transfers: 105,466.99
Total Prepaids plus EFT Transfers: 573,827.21
Total Bills Not Paid: 900,925.33
Grand Total: $1,474,752.54
STREET LIGHT COMMITTEE:
None
REPORT BY GENERAL MANAGER:
• Mr.Osburn thanked the Board for participating in a meeting regarding the Strategic Plan on
August 30.
• The Black & Veatch study regarding the Indiana Municipal Power Agency power supply contract
is almost complete.
• The JM substation transmission line is energized.
• There has been a minor delay with the Highland Road substation due to inclement weather. The
equipment is beginning to arrive on the job site.
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