HomeMy Public PortalAbout12-03-2001 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,DECEMBER 3,2001
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,December 3,2001 in the Council Chambers
in the Municipal Building in said City.Chairperson Phil Dickman presided with the following Councilmembers in
attendance:Howard"Jack"Elstro,Etta J.Lundy,Bruce Wissel,Karl Sharp,Bing Welch,Larry Parker,Paul Combs
and Sarah"Sally"Hutton. The following business was conducted:
ROLL CALL
Nine present.
APPROVAL OF MINUTES
The minutes of the meetings of November 19,2001 were approved on a motion by Councilmember Hutton and a
second by Councilmember Welch 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 $ 270,335.73
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 $ 270,335.73
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 $ 267,179.94
Miscellaneous Prepaid Inv.Telecom: 4,027.16
Total Prepaid Invoices: 541,542.83
Total EFT/Direct Deposit of Payroll: (88,449.09)
Total Prepaid Invoices: 453,093.74
Total EFT Transfers: 186,436.30
Total Prepaids plus EFT Transfers: 639,530.04
Total Bills Not Paid: 758,621.11
Grand Total of Bills to be approved: $ 1,398,151.15
RP&L Minutes Cont'd
December 3,2001
Page 2 •
REMARKS BY CHAIRPERSON
Chairperson Dickman had no comments.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
There was none.
REPORT BY GENERAL MANAGER
General Manager David Osburn recommended that the bid for the 55-foot bucket truck be awarded to the lowest bidder
which was AlTec for$89,130.He said$3,290 was added for equipment to provide more stability to the truck bringing
the total to$92,420.Councilmember Welch moved to accept the recommendation of Osbum to award the bid to AlTec
for$92,420,second by Councilmember Wissel and the motion was carried on a voice vote.
Osburn also recommended to the Board that the bid for the 2002 front wheel drive 4-door sedan to be used by the meter
readers be awarded to Victory Chevrolet for$11,615 as the lowest bidder.He said the 2002 Chevrolet Cavalier would
have to be ordered.Councilmember Wissel moved to accept the recommendation to award the bid to Victory
Chevrolet,second by Councilmember Sharp and the motion was carried on a voice vote.
Osburn explained that since the Telecommunications Division is fairly new the budget is fairly small and asked for
comments from the Board members.Councilmember Dickman asked who was included in the salaries and Osbum
answered that it includes all the current employees with the anticipation of adding a fourth employee.Councilmember
Hutton asked for a breakdown of the salaries and Telecommunications Director Rich Cody said he would provide that
at the next meeting.Councilmember Welch moved to approve the 2002 Parallax Budget as submitted,second by
Councilmember Sharp and the motion was carried on a voice vote.
In his general report,Osburn briefly commented on the drafting of the policy statement for street lighting for the
Planned Unit Developments(P.U.D.)and it has been passed on to City Attorney Bob Bever to come up with either a
resolution or an ordinance,whatever he decides to do.Councilmember Welch reminded Osbum that in the P.U.D.s
ordinance,some language was included along the lines of what Osbum is suggesting.Osburn said this would also
include the type of lights to be used.Bever said this goes beyond what is in the P.U.D.ordinance,explaining that this
would include addressing the private drive as opposed to the city street,this puts the cost on the developer both on the
construction and the maintenance. Councilmember Parker asked if this could also cover any new subdivisions and
Bever said they could be added.
Osburn said that last week RP&L had its annual Uniform Rating of Generation Equipment test which is an 8-hour test
to determine how much capacity they can get out of the plant and the test went well.He said he was satisfied with the
results although it was slightly less than last year.He commended the employees for their efforts,adding that there is"a
good crew"there.
He mentioned that they had got a first glimpse on coal prices and said it had been awhile since there had been a
presentation to the Board about the utility's current coal purchasing and what the market is doing.He asked if that
should occur before the end of the year or wait until after the first of the year.Councilmembers agreed to wait until
after the first of the year.
Osburn said January 5,2002 is the tentative date for the trip to the landfill at Danville,IN.
In answer to a question by Chairperson Dickman,Osburn commented on the prices of the NOx Allowances and briefly
explained why the prices had dropped.He said he feels it's a good thing to wait to buy the ones for RP&L.At the
request of Councilmember Welch,Osburn explained briefly that NO stands for nitrous oxide.
NEW BUSINESS
There was none.
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned at 7:40 p.m.
Phil Dickman,Chairperson
ATTEST:
Norma Schroeder,Clerk