HomeMy Public PortalAbout01-03-2006 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
TUESDAY, JANUARY 3, 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. Tuesday, January 3, 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 Sharp moved to approve the minutes of the meeting held
Monday, December 19, 2006. Board member Welch 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 298,218.13
Transfers from Cash Operating to:
Miscellaneous Prepaid Invoices 259,981.35
Telecom. Div. Misc. Pre Paid Invoices: 16,540.74
Total Prepaid Invoices: 574,740.22
Total EFT/Direct Deposit of Payroll: (112,364.48)
Total Prepaid Invoices: 462,375.74
Total EFT Transfers: 1,1462433.69
Total Prepaids plus EFT Transfers: 1,608,809.43
Total Bills Not Paid: 449,844.74
Grand Total: $2,058,654.17
STREET LIGHT COMMITTEE: None
REPORT BY GENERAL MANAGER:
• The Power Plant Economic Model Study will be completed the week of January 9.
• The parking lot lights for Ivy Tech have been installed.
• The cost estimate for the street lights along US 40 will be fine tuned and ready for Board approval
at the next meeting.
• The$3.5 million bond issue is being finalized.
• There will be on-sight APPA workshops January 20 and March 31. Details will follow.
• There will be a Special Meeting of the Board January 23.
ADJOURNMENT:
There being no further business, the meeting was adjourned.
S/S Binq Welch
Bing Welch, Vice Chairperson
S/S Karen Chasteen
ATTEST: Karen Chasteen, Clerk