HomeMy Public PortalAbout03-06-2006 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 6, 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 6, 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
February 21, 2006. 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 289,470.17
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 122,961.33
Telecom. Div. Misc. Pre Paid Invoices: 7,317.58
Total Prepaid Invoices: 419,749.08
Total EFT/Direct Deposit of Payroll: (105,070.37)
Total Prepaid Invoices: 314,678.71
Total EFT Transfers: 686,165.48
Total Prepaids plus EFT Transfers: 1,000,844.19
Total Bills Not Paid: 556.007.73
Grand Total: $1,556,851.92
STREET LIGHT COMMITTEE: None
REPORT BY GENERAL MANAGER:
• On February 24, 2006 IMPA approved the interim contract for the purchase of the output of the
Whitewater Valley Generating Station. The term of this contract is through 2032, however, RP&L
is not"locked" into that length of time. This contract has the potential of a substantial operational
savings.
• There was a brief review of the APPA Legislative Trip and Board Meeting.
• An update on the Johns Manville project at the March 21 meeting.
• There may be a National Engineering Operations Conference in Indiana in 2008. APPA needs a
commitment from a host agency for the conference in 2006. RP&L would like to be a host partner
to bring this event to our area. The expenses would be shared by all host entities.
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