HomeMy Public PortalAbout03-20-2006 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, MARCH 20, 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, March 20, 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 Klose moved to amend the sentence of the first bullet of the
Report by General Manager in the March 6 minutes to read: On February 24, 2006 IMPA approved the
interim contract for the purchase of the output of the Whitewater Valley Generating Station. There was a
second by Board member Wissel. Board member Welch moved to approve the amended minutes of the
meeting held March 6, 2006 and the March 11, 2006 special meeting. Board member Sharp seconded.
The motion carried with a unanimous voice vote.
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. The motion carried with a voice vote.
Bills Already Paid:
Payroll and Deductions 291,592.28
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 104,510.18
Telecom. Div. Misc. Pre Paid Invoices: 13,824.36
Total Prepaid Invoices: 409,926.82
Total EFT/Direct Deposit of Payroll: (106,679.88)
Total Prepaid Invoices: 303,246.94
Total EFT Transfers: 250,553.38
Total Prepaids plus EFT Transfers: 553,800.32
Total Bills Not Paid: 995.330.89
Grand Total: $1,549,131.21
STREET LIGHT COMMITTEE: None
NEW BUSINESS:
General Manager Dave Osburn requested Board approval of the Land Use Agreement between
Richmond Power and Light and Johns Manville Corporation. The term of this agreement is ten years and
will be renewable. Board member Elstro moved to approve the Land Use Agreement with a second by
Board member Welch. The motion carried with a unanimous voice vote.
REPORT BY GENERAL MANAGER:
• The State Board of Accounts has completed a "good"audit
• There will be a meeting of the Board at 7 PM on March 27 at RP&L
• RP&L will be taking bids for the construction of the Highland Road Substation the third week in
April
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