HomeMy Public PortalAbout08-04-2003 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,AUGUST 4,2003
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,Monday,August 4,2003 in the Council
Chambers in the Municipal Building in said City.Chairperson Bruce Wissel presided with the following
Councilmembers in attendance:Howard"Jack"Elstro,Etta J.Lundy,Karl Sharp,Bing Welch,Larry Parker,Steve
Rabe,Phil Dickman and Sarah"Sally"Hutton.The following business was conducted:
ROLL CALL
Nine present.
MINUTES FOR JULY 21,2003
Councilmember Parker moved to approve the minutes of July 21,2003, second by Councilmember Sharp and the
motion was carried on a voice vote.
APPROVAL OF BILLS,INVESTMENTS AND TRANSFERS
Upon recommendation of the Finance Committee,Councilmember Hutton moved to approve the following bills for
payment,seconded by Councilmember Lundy and the motion was carried on a voice vote.
Bills Already Paid:
Payroll and Deductions $272,241.62
• Investments Purchased From:
Cash Operating Fund
Bond Sinking Fund
Utility Bond Reserve Fund
Depreciation Reserve Fund
Insurance Reserve Fund
Consumer Deposit Fund
Cash Reserve Fund
Group Insurance Fund
Total
Telecommunications Division Investments Purchased From:
Cash Operating Fund
Transfer from Cash Operating Fund to:
Cash Reserve Fund for Payment
To City in lieu of taxes
Transfer from Cash Operating Fund to:
Depreciation Reserve Fund
For Property&Plant
Transfers from Depreciation Reserve to:
Cash Operating Fund
Transfers from Consumer Deposit to:
Cash Operating Fund
Transfers from Utility Bond Reserve Fund to:
Bond Sinking Fund
Transfers from Cash Operating to:
Interest and Bond Principal
Bond Sinking Fund
Cash Reserve Fund
Utility Bond Sinking Fund
Depreciation Reserve Fund
Insurance Reserve Fund
Consumer Deposit Fund
Interest and Bond Principal
End of Month Petty Cash
Revenue Bonds
Interest Coupons Redeemed
Miscellaneous Prepaid Invoices $ 106,956.12
Telecom.Div.Misc.Pre Paid Invoices: 63,720.43
Total Prepaid Invoices: 442,918.17
Total EFT/Direct Deposit of Payroll: (92,474.19) '
Total Prepaid Invoices: 350,443.98
Total EFT Transfers: 1,434,937.97
Total Prepaids plus EFT Transfers: 1,785,381.95
Total Bills Not Paid: 811,326.03
Grand Total of Bills to be approved: $ 2,596,707.98
•
RP&L Minutes Cont'd
August 4,2003
Page 2
REMARKS BY CHAIRPERSON
UNFINISHED BUSINESS
STREET LIGHT COMMITTEE REPORT
Councilmember Bistro had no report.
REPORT BY GENERAL MANAGER
Sitting in for General Manager David Osburn was Finance Manager Tracey Garrett who introduced Harry Phillips to
tell of a new service being offered by RP&L.He said that in an effort to help customers who have special needs,a
TTY phone has been installed at the 86 Street office for the hearing impaired and deaf.He said it is a text telephone
that is used by those at the 86 Street office to connect with those who have a like-type of machine at their business or
residence.He said those machines would be available to those who need them during regular business hours and after
hours those customers can contact Relay Indiana.
Rich Cody,director of Parallax,informed the Board of new bandwidth changes,saying that Parallax would like to give
more bandwidth for the same price to its business customers.Cody explained that this is all a matter of bandwidth
management,adding that Parallax has reassessed what its competition is doing and decided it would make more sense
to increase the bandwidth to those customers.He said this is just a matter of filing with the Indiana Utility Regulatory
Commission,with the Board's approval,then contact their existing customers to let them know what has been done to
increase their bandwidth.
Councilmember Welch asked how many customers are involved in this and Cody answered that there are probably 35
or 40 that are affected initially as well as any new customers added in the future.In answer to a question by
Councilmember Wissel,Cody explained that bandwidth is actually the speed within the circuit.He added that this is a
prudent thing to do at this point.
Councilmember Welch moved to approve the proposed bandwidth changes and authorize him to file it with-IURC and
to authorize City Clerk Norma Schroeder to use any language necessary from Cody so that the minutes adequately
reflect the exact amendment that is necessary to furnish the minutes along with the Clerk's Certificate,second by
Councilmember Sharp and the motion was carried on a voice vote.
Garrett gave an update on the most recent weekend storms,saying that most of those customers who lost power on
Friday night around midnight in the Fairview area were back on by 10 a.m.Saturday.
NEW BUSINESS
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned at 7:15 p.m.
Bruce Wissel,Chairperson
ATTEST:
Norma Schroeder,Clerk