HomeMy Public PortalAbout08-07-2006 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, AUGUST 7, 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, August 7, 2006 in the Council Chambers in
the Municipal Building in said City. Chairperson Parker presided.
ROLL CALL: Present were: Howard "Jack" Elstro, Etta Lundy, Karl Sharp, Bing Welch, Larry Parker, Al Glover,
Diana Pappin and Gil Klose. Absent was Councilor Wissel.
APPROVAL OF MINUTES: Board member Welch moved to approve the minutes of the meeting held July 17, 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 298,645.06
Investments Purchased From:
Depreciation Reserve Fund 4,490,855.99
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 843,368.14
Telecom. Div. Misc. Pre Paid Invoices: 18,855.99
Total Prepaid Invoices: 5,651,704.72
Total EFT/Direct Deposit of Payroll: (107,058.83)
Total Prepaid Invoices: 5,544,645.89
Total EFT Transfers: 3,729,499.85
Total Prepaids plus EFT Transfers: 9,274,145.74
Total Bills Not Paid: 1,377,301.71
Grand Total: $10,651,447.45
STREET LIGHT COMMITTEE: None
OLD BUSINESS:
General Manager Osburn presented the proof of publication to receive bids on a 2-man 55-foot bucket truck to
replace Unit#32. Board member Welch moved to accept the proof of publication with a second by Board member
Sharp. Upon a vote viva voce, the motion passed.
Mr. Osburn opened two bids for the bucket truck:
Altec Industries, Inc. $165,045
-16,000—trade in
$149,045
DUECO $142,464
-19,500—trade in
$122,964
Board member Welch moved to refer the bids on a 2-man, 55-foot bucket truck to the General Manager for
tabulation, evaluation and recommendation with a second by Board member Sharp. Upon a vote viva voce, the
motion passed.
REPORT BY GENERAL MANAGER:
• Unit No.2 developed a steam leak and is now off line. There is a 2-3 day repair time.
• The entire system has been working well during the extreme hot weather.
• The Johns Manville substation project is progressing
• Ground has been broken for the Highland Road substation.
• The Kick-off meeting for the strategic plan process will be August 30. It is an all day meeting.
ADJOURNMENT:
There being no further business,the meeting was adjourned.
111
S/S Larry Parker
Larry Parker, Chairperson
S/S Karen Chasteen
ATTEST: Karen Chasteen, Clerk