HomeMy Public PortalAbout09-04-2001 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
TUESDAY,SEPTEMBER 4,2001
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.Tuesday,September 4,2001 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 meeting of August 20,2001 were approved on a motion by Councilmember Hutton and second by
Councilmember Welch 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 Combs and the motion was carried on a voice vote.
Bills Already Paid:
Payroll and Deductions $510,311.51
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 $ 510,311.51
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 $ 268,517.29
Miscellaneous Prepaid Inv.Telecom: 33,691.78
Total Prepaid Invoices: 812,520.58
Total EFT/Direct Deposit of Payroll: (170,001.04)
Total Prepaid Invoices: 642,519.54
Total EFT Transfers: 286,398.79
Total Prepaids plus EFT Transfers: 928,918.33
Total Bills Not Paid: 551,483.36
Grand Total of Bills to be approved: $1,480,401.69
RP&L Minutes Cont'd
September 4,2001
Page 2
REMARKS BY CHAIRPERSON
Chairperson Dickman had no remarks.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
There was none.
REPORT BY GENERAL MANAGER
General Manager David Osburn requested authorization of the Board to receive bids for either a 2001 or 2002 four-door
sedan to replace the vehicle that was wrecked recently.Councilmember Wissel so moved,second by Councilmember
Parker and the motion was carried on a voice vote.
Osburn stated that those in personnel in the telecommunications department were using a mini-van in the car pool as
well as their own personal vehicles and he asked the Board to consider pulling the oldest car out of the car pool and
replace it with a mini-van.He said in doing that their total vehicle count would not change because the mini-van would
be used by the telecommunications department,but it would mean that the car pool would have one car less.He
requested authorization of the Board to receive bids for either a 2001 or 2001 mini-van.Councilmember Welch so
moved,second by Councilmember Parker and the motion was carried on a voice vote.
Osbum said Alvin North,an RP&L employee who retired in 1965,is celebrating his 99th birthday today and stopped
by to look around and say hello and was surprised by a birthday party in his honor.He also commented that
Congressman Mike Pence is expected to stop by and look around RP&L Friday,September 7,and invited anyone
wishing to stop by to do so.
Construction,he said,has begun on the utility's transmission line upgrades beginning on the west side.He also
commented on the SO 2 allowances,stating that the price keeps going up and the needs for this year are going to well
exceed what has been budgeted.He said that last year the average paid was about$145,and now they are trading at
$216 and still edging their way up.Therefore,he said,perhaps they should go ahead and make a partial buy.
In response to a question by Councilmember Combs as to whether or not RP&L would go into the yards of
homeowners to trim trees that are growing into their electric lines,Osburn said he understands that the policy is that RP
&L does not clear those"service drop"lines.
NEW BUSINESS
There was none.
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned at 7:10 p.m.
Phil Dickman,Chairperson
ATTEST:
Norma Schroeder,Clerk