Loading...
HomeMy Public PortalAbout01-06-2003 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,JANUARY 6,2003 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,January 6,2003 in the Council Chambers in the Municipal Building in said City,following an election of officers for 2003.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 Phil Dickman.Sarah"Sally"Hutton was absent. The following business was conducted: ROLL CALL Eight present. Chairperson Wissel presented Councilmember Parker with a gavel in appreciation of his service as Chairperson in 2002. NO MINUTES AVAILABLE APPROVAL OF BILLS,INVESTMENTS AND TRANSFERS Upon recommendation of the Finance Committee,Councilmember Dickman 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 (December 20,2002) $ 538,043.25 Investments Purchased From: Cash Operating Fund Bond Sinking Fund Utility Bond Reserve Fund Depreciation Reserve Fund 15,639,750.34 Insurance Reserve Fund 300,384.00 Consumer Deposit Fund Cash Reserve Fund 713,236.00 Group Insurance Fund Total $17,191,414.14 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 $ 300,564.59 Telecom.Div.Misc.Pre Paid Invoices: 34,197.67 Total Prepaid Invoices: 17,526,176.40 Total EFT/Direct Deposit of Payroll: (182,570.11) Total Prepaid Invoices: 17,343,606.29 Total EFT Transfers: 1,746,490.37 Total Prepaids plus EFT Transfers: 19,090,096.96 Total Bills Not Paid: 1,606,568.37 Grand Total of Bills to be approved: $ 20,696,665.33 RP&L Minutes Cont'd January 6,2003 Page 2 REMARKS BY CHAIRPERSON Chairperson Wissel had no remarks. UNFINISHED BUSINESS There was none. STREET LIGHT COMMITTEE REPORT Councilmember Elstro had no report. REPORT BY GENERAL MANAGER General Manager David Osburn submitted the proof of publication for bids on a 2003 mid-size extended cab pick up truck to replace a 1991 Chevrolet Lumina with 106,000 miles.Councilmember Parker moved to accept and file proof of publication,second by Councilmember Welch and the motion was carried on a voice vote. Osburn stated that he had received four bids and proceeded to open them.The bid by Tom Wood Ford of Indianapolis was for a 2003 Ford Ranger for$14,890,with a trade in of$350,making a net of$14,540;Studebaker Buick Pontiac GMC's bid was for a 2003 GMC Sonoma for$13,480.53 with no trade in;Victory Chevrolet's bid was for a 2003 S10 for$15,805 with a trade in of$600,making a net price of$15,205;and Fred First's bid was for a 2003 Ford Ranger for $15,780 with a$600 trade in making a net price of$15,180.Councilmember Parker moved to refer the four bids to the General Manager for evaluation,tabulation and recommendation,second by Councilmember Welch and the motion was carried on a voice vote. A request was made by Osburn for authorization to receive proposals for a 2003 %2 ton,4-door,4WD extended cab pickup truck to replace Unit No.20 with 86,605 miles. Councilmember Welch moved to approve the authorization requested,second by Councilmember Parker and the motion was carried on a voice vote. Osburn said he had received notification today from IDEM that it has officially closed out RP&L's MPDES permit, explaining that is the permit used for discharge of wastewater from the Whitewater Valley Generating Station to the Whitewater River.He reminded Councilmembers of the project done last year called the Zero Discharge Project where the utility now no longer discharges water into the river but recycles as much as possible and the excess goes off to the wastewater treatment plant.He said IDEM is satisfied with how the utility is handling it now. Alluding to a couple of notices running in the Palladium-Item about rate increases by other utilities,Osburn said this is being done to recover the cost of meeting the new NOX compliance.He said this is typical as to what is going on in the industry in the area of environmental compliance.He also commented on the EPA's requirements for routine maintenance and repair which may cause the utility to put more stringent air pollution control on the units.Osbum said the replacement cost of this plant today would roughly be$150 million. Councilmember Combs made some comments on Parallax,pointing out that one of the weak points is that a caller should be able to reach a person who is versed in the difference between Parallax and RP&L.He added that he is satisfied with the service he is getting from Parallax.Osburn said that occasionally the Parallax calls may get channeled to RP&L by mistake,but he would look into the matter and see what can be done. NEW BUSINESS There was none. 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