HomeMy Public PortalAbout06-19-2000 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,JUNE 19,2000
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,June 19,2000 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,Larry Parker,Paul Combs,Phil Dickman and Sarah"Sally"Hutton.
The following business was conducted:
ROLL CALL
Nine present.
APPROVAL OF MINUTES
Councilmember Hutton moved to approve the minutes of May 15 and June 5,2000,second by Councilmember Wissel
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 by voice vote.
Bills Already Paid:
Payroll and Deductions $247,053.04
Investments Purchased From:
Cash Operating Fund
Bond Sinking Fund
Utility Bond Reserve Fund
Depredation 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 $ 58,862.11
Total Prepaid Invoices 305,915.15
Total EFT/Direct Deposit of Payroll: (72,155.78)
Total Prepaid Invoices: 233,759.37
Total EFT Transfers: 74,388.35
Total Prepaids plus EFT Transfers: 308,147.72
Total Bills Not Paid: 614,193.79
Grand Total of Bills to be approved: $ 922,341.51
RP&L Minutes Cont'd
June 19,2000
Page 2
REMARKS BY CHAIRPERSON
Chairperson Welch said several of the Board members attended the A.P.P.A.Conference last week and the literature
that he has brought back would be available at the receptionist's desk at RP&L for interested Board members or RP&
L employees.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro said there was no report.
REPORT BY GENERAL MANAGER
In the absence of General Manager David Osburn who is attending an EPRI Board meeting,was Tracey Garrett,RP&
L finance director,who said today the utility had received the results from its latest quarterly customer service survey
and these would be presented by Harry Phillips,the Energy Services director.
Phillips reported that RP&L had reached a new high of overall customer satisfaction of 100 percent.He said one of
the goals from all the surveys RP&L proposed,was to move over from the"good"category over to the"excellent,"
and that has been done this time.He read over all the percentages,noting that he was very proud of the new highs
accomplished by RP&L.He said Osburn had asked him to extend thanks to the customers,RP&L employees and to
the Board for understanding the importance of these surveys.
Garrett said that some time during July she would like to approach the Board to authorize RP&L to accept credit cards
as a payment option.She said she would like to hear some of the concerns of the Board about that so she can be
prepared to address those issues and questions which the credit card issue is addressed.She said she feels that it is an
important thing for the future.
Councilmember Parker asked about the rates that RP&L would have to pay to do these transactions,voicing a concern
that if a customer pays his utility bill with a credit card,then starts to pay that bill off monthly and gets behind,would
there be repercussions back to RP&L.Councilmember Welch asked where State Board of Accounts stands on credit
card payment and said he feels that brings another question on the electronic transfer of funds that the utility is
currently under and how it rectifies balances.Councilmember Elstro said he would like to know what the cost would be
to get involved in it,checking with the credit card companies.Councilmember Wissel asked if any other utility
companies had been contacted about this and if they had kept statistics on this.
Garrett said there were only a few minor outages during the storms last week,nothing major.
NEW BUSINESS
There was none.
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned at 7:20 p.m.
Bing Welch,Chairperson
A 1-1`hST:
Norma Schroeder,Clerk