HomeMy Public PortalAbout05-19-2003 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,MAY 19,2003
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,May 19,2003 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,Stephen H.Rabe,Phil Dickman and Sarah
"Sally"Hutton. The following business was conducted:
ROLL CALL
Nine present.
MINUTES FOR MAY 5,2003
Councilmember Parker moved to approve the minutes of May 5,2003, 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 Dickman and the motion was carried on a voice vote.
Bills Already Paid:
Payroll and Deductions $261,643.83
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 $ 261,643.83
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
Interest Coupons Redeemed
Miscellaneous Prepaid Invoices $ 97,606.75
Telecom.Div.Misc.Pre Paid Invoices: 10,224.80
Total Prepaid Invoices: 369,475.38
Total EFT/Direct Deposit of Payroll: (88,051.05)
Total Prepaid Invoices: 281,424.33
Total EFT Transfers: 72,603.86
Total Prepaids plus EFT Transfers: 354,028.19
Total Bills Not Paid: 552,996.43
Grand Total of Bills to be approved: $ 907,024.62
RP&L Minutes Cont'd
May 19,2003
Page 2
REMARKS BY CHAIRPERSON
Chairperson Wissel announced that the second meeting in June is scheduled for the 16th when many of the Board
members will be out of town attending the national A.P.P.A.conference so the second meeting in June will be
conducted on the 23rd of June which will be the fourth Monday instead of the third.He also thanked General Manager
David Osbum for the update on the annual objectives of RP&L.
UNFINISHED BUSINESS
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro said he had got with Councilmember Sharp and in the 2100 block of North G Street there are no
homes but people do have a business there so he is going to give the request to Clerk Norma Schroeder to give to Bob
Goodwin,Planning Director who also serves as president of the Board of Works,so he can look at it.Councilmember
Hutton asked if there was a petition with the request and said that last year she asked about North 196 Street where
there are only two houses,then asked if that location could be put in with this request.Councilmember Elstro said they
could try that and see what they could come up with.
REPORT BY GENERAL MANAGER
General Manager David Osburn reported that the three bids received at the last meeting on a 2003 3/4 ton 4 wheel drive
Extended Cab Pick-Up Truck had been reviewed,adding that the low bid of$20,791.58 had been received from
StudebakerBuick/GMC.However,after review,the low bid met specifications but there was one correction and that
was that the 2003 model was no longer available and they offered up the 2004 model with a slight price increase but it
is still the lowest bid.That total now is$21,415.33,he said.The recommendation,he said,was to go with that bid.
Councilmember Parker moved to award the bid as recommended,second by Councilmember Welch and the motion
was carried on a voice vote.
Osburn reflected briefly on some of the storms experienced in the area recently,noting that there had been some
outages,but only for brief periods in various areas.He said the largest area hit was in Glen Hills,noting that the project
to put the cable underground continues and is ongoing.
NEW BUSINESS
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned at 7:20 p.m_
Bruce Wissel,Chairperson
ATTEST:
Norma Schroeder,Clerk