HomeMy Public PortalAbout07-17-2006 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, JULY 17, 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, July 17, 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 June 19, 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 300,770.99
Investments Purchased From:
Consumer Deposit Fund 315,000.00
Cash Reserve Fund 2,139,708.60
Total 2,454,708.60
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 122,407.74
Telecom. Div. Misc. Pre Paid Invoices: 6,919.51
Total Prepaid Invoices: 2,884,806.84
Total EFT/Direct Deposit of Payroll: (110,289.73)
Total Prepaid Invoices: 2,774,517.11
Total EFT Transfers: 1,057,888,80
Total Prepaids plus EFT Transfers: 3,832,405.91
Total Bills Not Paid: 1,135,949.26
Grand Total: $4,968,355.17
STREET LIGHT COMMITTEE: None
OLD BUSINESS:
• Bids received July 5 for Fire Protection Upgrades for the Whitewater Valley Generating Station
have been evaluated by GPD Associates. General Manager Osburn has also reviewed the bids
and recommended awarding a contract to Delucio &Sons for the below grade work in the amount
of$281,554. He also recommended Proteck Corporation be awarded the contract for the above
grade work in the amount of$298,566. Board member Wissel moved to award the contracts as
recommended with a second by Board member Sharp. Upon a vote viva voce, the motion
passed.
• Board President Parker reminded members they need to inform Dave Osburn of potential dates
for the Strategic Planning session.
NEW BUSINESS:
Mr. Osburn requested authorization to receive bids on a bucket truck as approved in the 2006 Capital
Budget. Board member Sharp moved to grant Mr. Osburn's request with a second by Board member
Welch. Upon a vote viva voce, the motion passed.
RP&L—Board of Directors Minutes
July 17,2006
Page 2
REPORT BY GENERAL MANAGER:
• Mr. Osburn reported there have been no problems with the increased load during the extreme hot
weather.
• There will be an Executive Session on July 24 at 7 PM to discuss the Union Contract.
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