HomeMy Public PortalAbout01-21-2003 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
TUESDAY,JANUARY 21,2003
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.Tuesday,January 21,2003 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,Paul Combs and Sarah"Sally"
Hutton.Phil Dickman was absent.The following business was conducted:
ROLL CALL
Eight present.
MINUTES FOR DECEMBER 16,2002,JANUARY 6,2003 AND THE SPECIAL MEETING OF JANUARY 6,
2003
Councilmember Hutton moved to approve the above minutes,second by Councilmember Parker 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 Combs and the motion was carried on a voice vote.
Bills Already Paid:
Payroll and Deductions
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
Interest Coupons Redeemed
Bond Coupons
Miscellaneous Prepaid Invoices $ 2,238,424.95
Telecom.Div.Misc.Pre Paid Invoices: 19.95
Total Prepaid Invoices: 2.238.444.90
Total EFT/Direct Deposit of Payroll: (00)
Total Prepaid Invoices: 2,238,444.90
Total EFT Transfers: 787,995.31
Total Prepaids plus EFT Transfers: 3,026,440.21
Total Bills Not Paid: 532,635.30
Grand Total of Bills to be approved: $ 3,559,075.51
RP&L Minutes Cont'd
January 21,2003
Page 2
REMARKS BY CHAIRPERSON
Chairperson Wissel had no remarks.
UNFINISHED BUSINESS
•
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro turned in a request for a street light in Wynfield which would cost the City$6.68 per month.He
passed it along to the Clerk and asked that she forward it to the Board of Works.
REPORT BY GENERAL MANAGER
General Manager David Osbum reported that after reviewing the four bids received at the last meeting for the 2003
Mid-size extended cab pickup truck they found the lowest bid submitted was made by Studebaker Buick GMC.
However,there was only$140 difference in that bid and the second lowest made by Fred First Ford.He recommended
awarding the bid to Fred First because their vehicle had four doors and would be more useful out in the field.
Councilmember Parker moved to accept Osburn's recommendation,second by Councilmember Welch and the motion
was carried on a voice vote.
Osbum presented the proof of publication of the newspaper ad for one 2003 1/2 ton,4 door,4 wheel drive extended cab
pickup truck and Councilmember Parker moved to accept it and file it,second by Councilmember Welch and the
motion was carried on a voice vote.
Opening and reading the first of three,Osburn said it was from Fred First Ford for$21,875,less$800 for a trade in,
leaving a net of$21,075.The second was from Victory Chevrolet-Cadillac for$21,500,less$800 for a trade in,leaving
a net of$20,700 and the third was from Studebaker Buick for$22,453.15,less$1,000 for a trade in,leaving a net of
$21,453.Councilmember Welch moved to refer the bids to Osbum for tabulation,evaluation and recommendation,
second by Councilmember Lundy and the motion was carried on a voice vote.
Osbum mentioned that he would be bringing two items concerning the Whitewater Generating Station to the Board in
the near future.Councilmember Parker questioned Osbum as to whether there would be a guarantee with the
replacement of the parts he mentioned and Osburn said there would be a warranty but he would ask Bob Crye for
further information and get back to the Board.
Osbum distributed copies of some of the current bills before the Legislature in this session and commented that there
are about 34 that RP&L would be tracking,adding that there are no big bills to be overly concerned about.He also
mentioned the Legislative Rally to be held February 24.
NEW BUSINESS
Chairperson Wissel announced that the Finance Committee would remain the same,but appointed Councilmember
Welch as his replacement on the Employee Relations Committee.He also stated that Councilmember Elstro had agreed
to continue as chairperson of the Street Light Committee.
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned at 7:25 p.m.
Bruce Wissel,Chairperson
ATTEST:
Norma Schroeder,Clerk