HomeMy Public PortalAbout02-04-2002 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,FEBRUARY 4,2002
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,February 4,2002 in the Council Chambers in
the Municipal Building in said City.Chairperson Larry Parker presided with the following Councilmembers in
attendance:Howard"Jack"Elstro,Etta J.Lundy,Karl Sharp,Bing Welch,Bruce Wissel,Paul Combs,Phil Dickman
and Sarah"Sally"Hutton. The following business was conducted:
ROLL CALL
Nine present.
APPROVAL OF MINUTES
The minutes of the January 22,2002 meeting were approved on a motion Councilmember Hutton,'a second by
Councilmember Dickman and 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 Wissel and the motion was carried on a voice vote.
Bills Already Paid:
Payroll and Deductions $ 264,751.69
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 $ 264,751.69
Telecommunications Division Investments Purchased From:
Cash Operating Fund $ 1,029,232.93
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 $ 110,695.38
Miscellaneous Prepaid Inv.Telecom: 21,991.55
Total Prepaid Invoices: 1,426,671.55
Total EFT/Direct Deposit of Payroll: (86,919.14)
Total Prepaid Invoices: 1,339,752.41
Total EFT Transfers: 297,333.02
Total Prepaids plus EFT Transfers: 1,637,085.43
Total Bills Not Paid: 556,755.88
Grand Total of Bills to be approved: $ 2,193,841.31
RP&L Minutes Cont'd
February 4,2002
Page 2
REMARKS BY CHAIRPERSON
Chairperson Parker announced that he had distributed the committee assignments to the Board members.They are as
follows:Finance Committee—Hutton,chairperson;Sharp and Dickman;Employee Relations—Dickman,chairperson;
Elstro and Wissel;Street Lighting—Elstro,chairperson;and Sharp.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
There was none.
REPORT BY GENERAL MANAGER
General Manager David Osbum offered proof of publication on one new 2002 Midsize 4-wheel drive Sport Utility
Vehicle. Councilmember Welch moved to accept the proof of publication and place it on file,second by
Councilmember Dickman and the motion was carried on a voice vote.
Opening the first bid,Osburn stated that it was made by Studebaker Buick Pontiac GMC and was for a 2002 GMC
Envoy for$26,874 with a$2,000 trade in allowance making the total$24,874;another bid was made by Victory
Chevrolet and was for a 2002 Chevrolet Trail Blazer for$26,538.73 but no trade in allowance could be found.The bid
also contained a bid for a 2002 Oldsmobile Bravado for$30,212.61 and a 2002 Chevrolet Trailblazer for$30,495.05.
He said he would search further for a trade in allowance.Councilmember Dickman moved to refer the bids to the
General Manager for tabulation,evaluation,and recommendation,second by Councilmember Welch and the motion
was carried on a voice vote.
Osburn reminded the Board members about the Legislative Rally to be held February 12,2002,at the Westin Hotel in
Indianapolis and asked those interested to contact him about their intentions.He said that as far as legislative activities
go,a bill,streamlining how territory exchanges are handled between electrical utilities right after annexation which
didn't make it through the legislature last year,has been re-introduced by Sen.Lannin of Anderson.He said it has been
flying through both houses,and is back in the Senate now.He said they expect it to be adopted this time.
The Mobotec project,he said,is underway and the testing is scheduled for February 18,but the results aren't expected
until March or April.He also said the landfill generation project was discussed at a meeting of the neighbors at Hayes
Arboretum and it was a good meeting.City Attorney Bever said he has started working on drawing up the agreement
between RP&L and the Sanitary District but it is not finished but hopes that it will be done by the next meeting which
is Tuesday,February 19.
Osburn said he had given each of the Councilmembers a map on which property owned by RP&L in the Whitewater
Gorge is outlined in yellow.He said this property goes all the way to the former Main Street Bridge which is currently
being torn down and the design of the new bridge calls for tapering a hill into the utility's property.He said the RP&L
staff looked at the request and saw no problem and had no objections.However,he said,the decision falls with this
Board.Bever responded that this could be handled through"an in-house deed." Councilmember Dickman asked if the
County would take over the responsibility of the new bridge and Bever said it would,but even though that happens,
ownership would stay with the City.Councilmember Parker was concerned about what kind of slope would be coming
off the bridge so as not to flood the RP&L owned property.
Osburn commented briefly about a discovery at the year end closing of an error in RP&L's favor,adding that he
would have a year end report which he would be giving to this Board sometime in March.
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.
Larry Parker,Chairperson
ATTEST:
Norma Schroeder,Clerk