HomeMy Public PortalAbout12-05-2005 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, DECEMBER 5, 2005
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, December 5, 2005 in the
Council Chambers in the Municipal Building in said City. Chairperson Welch presided.
ROLL CALL: Present were: Howard "Jack" Elstro, Etta Lundy, Bruce Wissel, Karl Sharp, Bing W Ich,
Larry Parker,Al Glover, Diana Pappin and Gil Klose.
APPROVAL OF MINUTES: Board member* moved to approve the minutes of the Regular Meeting eld
November 21, 2005 and a Special Meeting held November 28, 2005. Board member * 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 299,349.83
Transfers from Cash Operating to:
Cash Reserve Fund 356,618.00
Miscellaneous Prepaid Invoices 116,853.77
Telecom. Div. Misc. Pre Paid Invoices: 61,596.17
Total Prepaid Invoices: 834,417.77
Total EFT/Direct Deposit of Payroll: (108,177.28)
Total Prepaid Invoices: 726,240.48
Total EFT Transfers: 438,631.36
Total Prepaids plus EFT Transfers: 1,164,871.84
Total Bills Not Paid: 900,671.74
Grand Total: 2,065,543.58
STREET LIGHT COMMITTEE: None
REPORT BY GENERAL MANAGER:
• The Reid Hospital system/infrastructure project is going well
• The Johns-Manville and Highland Road substations are progressing as planned
• The financing plan is being coordinated with the Sanitary District
• There is a need to replace several streetlights along US 40. The existing poles are deteriorating
rapidly so the replacement schedule may have to be moved to 2006 in lieu of 2007. This plan will
be brought back to the Board later for approval. Mr. Osborn would like to proceed with the Work
in the Spring.
ADJOURNMENT:
There being no further business, the meeting was adjourned.
S/S Bin• Welch
Bing Welch, Chairperson
S/S Karen Chasteen
ATTEST: Karen Chasteen, Clerk