HomeMy Public PortalAbout06-19-2006 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, JUNE 19, 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, June 19, 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 Welch moved to approve the minutes of the meeting held June 5, 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 300,840.16
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 123,484.02
Telecom. Div. Misc. Pre Paid Invoices: 11,660.82
Total Prepaid Invoices: 435,985.00
Total EFT/Direct Deposit of Payroll: (110,203.55)
Total Prepaid Invoices: 325,781.45
Total EFT Transfers: 226,864.02
Total Prepaids plus EFT Transfers: 552,645.47
Total Bills Not Paid: 906.577.91
Grand Total: $1,459,223.38
STREET LIGHT COMMITTEE: None
MISCELLANEOUS BUSINESS:
• One bid was received for a Digger Derrick for the replacement of a 1994 unit. Board member
Sharp moved to award the bid to Altec Industries for $162,080. There was a second by Board
member Pappin. Upon a vote viva voce, the motion passed.
• Three bids were received to replace a 1993 JCB 210S Backhoe and trailer. Board member
Welch moved to award the bid to Bobcat of Dayton for a Bobcat 430 in the amount of$44 224.
There was a second by Board member Sharp. Upon a vote viva voce, the motion passed.
REPORT BY GENERAL MANAGER:
• Repair of the truck scales is in process. The cost will be$35,000+.
• RP&L is working with a broker with coal procurement. Railroads are showing an increased
interest in shipping the coal.
• Mr. Osburn reported the APPA Board is working on an electric market reform initiative which will
evaluate the wholesale market. A task force has been formed to evaluate APPA's position on
global climate change.
• Data is being collected for the Black and Veatch study.
Minutes-RP&L Board of Directors
June 19,2006
Page 2
• A proposal has been received from Brian Singletary for a strategic plan. A decision will be made
in July.
• There will be no fourth Monday meeting in June.
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