HomeMy Public PortalAbout12-18-2000 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 18,2000
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 18,2000 in the Council Chambers
in the Municipal Building in said City.Chairperson Bing Welch presided with the following Councilmembers in
attendance:Howard"Jack"Elstro,Etta I.Lundy,Bruce Wissel,Karl Sharp,Larry Parker,Phil Dickman and Sarah
"Sally"Hutton. Paul Combs was absent.The following business was conducted:
ROLL CALL
Eight present.
APPROVAL OF MINUTES
Minutes of the December 4,2000 meeting were approved on a motion by Councilmember Hutton,second by
Councilmember Parker 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 by voice vote.
Bills Already Paid:
Payroll and Deductions July 21 and Aug.4 $260,599.09
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 Investments
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 $ 68,674.15
Total Prepaid Invoices 329,273.24
Total EFT/Direct Deposit of Payroll: (82,419.88)
Total Prepaid Invoices: 246,853.36
Total EFT Transfers: 1,801,329.11
Total Prepaids plus EFT Transfers: 2,048,182.47
Total Bills Not Paid: 609,023.00
Grand Total of Bills to be approved: $2,657,205.47
RP&L Minutes Cont'd
December 18,2000
Page 2
REMARKS BY CHAIRPERSON
Chairperson Welch announced that the next meeting of Council would be January 8 instead of January 1,adding that
the second meeting will be January 22.He asked Councilmembers and the news media to make those changes on their
calendars.
UNFINISHED BUSINESS
General Manager David Osburn asked about the telecommunications committee as to whether or not those
appointments had been made.Chairperson Welch said that committee would have three Board members with the Board
chairperson sitting in as the fourth individual.Those appointed are Councilmembers Hutton,Dickman and Sharp.
Osburn asked the members to check their schedules to see if they could possibly be available the latter part of this week
for their first meeting.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro said there was no report.
REPORT BY GENERAL MANAGER
Osburn opened bids for a pumping re-circulation system for the Zero Discharge Project.He reminded Councilmembers
that no bids were received earlier in the month,necessitating extending the deadline resulting in two bids to be opened
tonight.
The bid from Mike DeLucio&Son was for$259,416 and the bid from Tramco Inc.of Indianapolis was for$213,564.
Councilmember Parker moved to refer the bids to Osbum evaluation, tabulation and recommendation,second by
Councilmember Sharp and the motion was carried on a voice vote.
Osburn reported that a new generation record was set December 13 at the Whitewater Valley Generating Station.He
said that record was for a new 24-hour gross at that generation and averaged 102.6 megawatts per hour.
Osbum informed the Board that EPA has announced the rule making on mercury emission from coal fired plants,
adding that it was a notice of intent and would probably not be done until 2003-2004.He said it would probably not go
into effect until 2007—2010.He reminded Councilmembers that EPA is talking about just a trace of emission.
He mentioned the isolated small outages with the sleet and ice last week,noting that RP&L fared very well.He said
he went out with a crew for a couple of hours to help out at Belden when one its cables failed.
Osbum touched lightly on the MB—90 user's conference hosted by RP&L in October,noting that he was proud of the
employees'efforts.He said expenses totaled$142,500 and revenues totaled$148,953.He said there was almost$9,000
profit or net income to pass on to the next city to host it to help with that conference.He said that next year the
conference would be in Seattle.
NEW BUSINESS
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned.
Bing Welch,Chairperson
ATTEST:
Norma Schroeder,Clerk