HomeMy Public PortalAbout11-20-2000 •
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,NOVEMBER 20,2000
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,November 20,2000 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 J.Lundy,Bruce Wissel,Karl Sharp,Larry Parker,Paul Combs and Sarah
"Sally"Hutton. Phil Dickman was absent.The following business was conducted:
ROLL CALL
Eight present. •
APPROVAL OF MINUTES
Minutes of the November 6,2000 meeting were approved on a motion by Councilmember Hutton,second by
Councilmember Sharp and were 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 $276,332.79
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 $ 51,137.91
Total Prepaid Invoices 327,470.70
Total EFT/Direct Deposit of Payroll: (83,616.02)
Total Prepaid Invoices: 243,854.68
Total EFT Transfers: 265.738.32
Total Prepaids plus EFT Transfers: 509,593.00
Total Bills Not Paid: 610,695.60
Grand Total of Bills to be approved: $ 1,120,288.60
RP&L Minutes Cont'd
November 20,2000
Page 2
REMARKS BY CHAIRPERSON
Chairperson Welch reminded Board members that there is a meeting to discuss the RP&L capital project budget at 7
p.m.Monday,November 27 at the service building.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro said there was no report.
REPORT BY GENERAL MANAGER
General Manager David Osburn gave an update on the use of credit cards by customers to pay for a variety of services
rendered by RP&L.He said this has been in effect about 3 months,adding that the average transactions during the
past two months have been 45.He also addressed some recent outages that have occurred,explaining the reasons and
what was done to take care of them.
Osburn said RP&L had filed with the Indiana Utility Regulatory Commission to request authority to serve the two
recently annexed territories in Phase 2 in the Midwest Industrial Park and the triangle between I-70 and U.S.35.He
said they have already had discussions with REMC to try to get an orderly transfer of that and have had conversations
with PSI Energy.He added that they are actually rebuilding the line along U.S.35 for RP&L.
He said he had recently presented to this Board the Nox Compliance Study done by Black&Veach and he reminded
the Board that they probably should be thinking about making a decision about action they want to take.He said that
decision would probably have to be made some time in January or February.He said he would welcome any questions
or suggestions by Board members.He addressed a couple of questions which Councilmembers Welch and Parker had
asked prior to this meeting.
Osburn also said RP&L is wrapping up its business plan for telecommunications with its consultants,adding that he
believes that would be ready to bring to this Board in December.He said the utility is getting a lot of positive response
in the community to this venture,adding that he feels it is being viewed by several groups as a very positive move for
the community.He recommended to the Board that it create a committee made up of members of this Board to work
very closely with him and the RP&L staff so as to get their input on issues that would surely come up.He asked that
they keep it small so it would be manageable in order to get together and work.
Chairperson Welch suggested that an advisory board be established to work with the City Attorney to establish some
guidelines for that committee.City Attorney Bob Bever said he had discussed this with Osburn,adding that he feels
this Board would have to be careful as to what would be delegated to the committee.He said they were looking at
three-year staggered terms but subject to that person's re-election.He added that it also needs to be established as a
permanent type of committee as opposed to temporary.
Councilmember Parker said he felt that as long as this committee is one that reports back to this Board,it doesn't make
any difference as to whether they are re-elected or not.He said there are other committees made up of citizens
appointed by Council.Bever then stated that what Councilmember Parker is saying is that it shouldn't be a requirement
that the person be an elected Board member to be on the committee.Bever and Osburn both agreed that it is something
to think about.Councilmember Parker than said he felt this group should only be an Advisory Committee back to the
Board and should have little,if any,discretionary powers among themselves.
NEW BUSINESS
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned.
Bing Welch,Chairperson
I ATTEST:
Norma Schroeder,Clerk