Loading...
HomeMy Public PortalAbout11-07-2005 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, NOVEMBER 7, 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, November 7, 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 Welch, Larry Parker,Al Glover, Diana Pappin and Gil Klose. APPROVAL OF MINUTES: Board member Pappin moved to amend the October 17 minutes on page 2, second bullet, to read The Uptown network has been totally converted. There are no longer underground transformers. with a second by Board member Wissel. The motion carried with a unanimous voice vote. Board member Wissel moved to approve the amended minutes of the meeting held October 17, 2005 and a Special Meeting of the Board on October 24, 2005. Board member Parker 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 591,426.63 Transfers from Cash Operating to: Miscellaneous Prepaid Invoices 256,869.56 Telecom. Div. Misc. Pre Paid Invoices: 11,254.96 Total Prepaid Invoices: 859,551.15 Total EFT/Direct Deposit of Payroll: (213,251.11) Total Prepaid Invoices: 646,300.04 Total EFT Transfers: 2,985,379.21 Total Prepaids plus EFT Transfers: 3,631,679.25 Total Bills Not Paid: 1,119,759.25 Grand Total: $4,750,439.14 STREET LIGHT COMMITTEE: Board member Elstro reported there has been a request for one street light on Devon Drive. This request has been referred to the Board of Public Works and Safety. NEW BUSINESS: Board member Parker moved to accept the Proof of Publication to receive bids on a power transformer for the Highland Road Substation as presented by General Manager Osborn. There was a second by Board member Lundy. The motion carried with a unanimous voice vote. Six bids were received and opened for the power transformer: 1. Kuhlman Electric $462,399 (base) 3,150 (option 1) 150,000 (option 2) 2. Pennsylvania Transformer $705,469 3. Delta Starr Transformer $548,400 4. Mid States Sales $628,500 5. Waukashaugh Electric Systems $628,500 6. General Electric $500,000 RP&L—Board of Directors Minutes November 7,2005 Page 2 Board member Parker moved to refer the bids to the General Manager for tabulation, evaluation and recommendation with a second by Board member Glover. The motion carried with a unanimous voice vote. REPORT BY GENERAL MANAGER: • RP&L was able to purchase 2500 SO2 allowances at$1,100/ea. • The 2006 Budget will be on the November 21 agenda. • Mr. Osborn reported it is possible to host APPA seminars locally in the future. This would allow more people to attend. There will be more details on this later. • The next special meeting of the Board will be November 28 at RP&L. ADJOURNMENT: There being no further business, the meeting was adjourned. S/S Bing Welch Bing Welch, Chairperson S/S Karen Chasteen ATTEST: Karen Chasteen, Clerk