HomeMy Public PortalAbout03-06-2000 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,MARCH 6,2000
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,March 6,2000 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,Phil Dickman
and Sarah"Sally"Hutton.The following business was conducted:
ROLL CALL
Nine present.
APPROVAL OF MINUTES
The minutes of the February 7,2000 meeting were not available.
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 Wissel and by unanimous voice vote the motion was carried.
Bills Already Paid:
Payroll and Deductions $234,746.77
Investments Purchased From:
Cash Operating Fund 1,200,000.00
Bond Sinking Fund
Utility Bond Reserve Fund
Depreciation Reserve Fund 91,000.00
Insurance Reserve Fund
Consumer Deposit Fund
Cash Reserve Fund 178,309.00
Group Insurance Fund
Total Investments $1,469,309.00
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 $212,264.59
Total Prepaid Invoices 1,916,320.36
Total EFT/Direct Deposit of Payroll: (72,219.12)
Total Prepaid Invoices: 1,844,101.24
Total EFT Transfers: 1,902,043.76
Total Prepaids plus EFT Transfers: 3,746,145.00
Total Bills Not Paid: 501,710.92
Grand Total of Bills to be approved: $4,247,855.92
RP&L Minutes Cont'd
March 6,20D0
Page 2
REMARKS BY CHAIRPERSON
Chairperson Welch apologized for calling the Board members to this meeting,noting the cancellation of the Common
Council meeting,but said there were some things on this agenda tonight that had to be addressed.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro had no report.
REPORT BY GENERAL MANAGER
In the absence of General Manager David Osbum was Tracey Garrett,RP&L Finance Officer,who announced she
had bids for the 2000 Digger Derrick as well as the proof of publication of the ad which ran in the Palladium-Item
February 24 and March 2,2000.Councilmember Parker moved to accept the proof of publication for the file,second by
Councilmember Wissel and the motion was carried on a unanimous voice vote.
Opening the bids,Garrett stated that the first envelope was from MTI Insulated Products for$155,707 without a bid for
the trade in.The next envelope was from Utility Truck Equipment,however,it contained no bid.Opening the bid from
Altech,Garrett said it was it was itemized as follows:Digger Derrick,$99,823;chassis,$50,415;and trade in,$12,000.
Councilmember Wissel moved to refer the bids to the General Manager for tabulation,evaluation and recommendation,
second by Councilmember Sharp and the motion was carried on a unanimous voice vote.
Garrett asked for authorization to purchase heating and air conditioning equipment for RP&L's customer service
office,the auditorium and the computer room.She said Board members were sent letters to explain why bids weren't
being taken,saying that Carrier units are already installed in the building and they wish to keep some consistency there.
Councilmember Hutton moved to authorize the General Manager to purchase the equipment,second by
Councilmember Lundy and the motion was carried on a unanimous voice vote.
Garrett brought everyone up to date on Unit 2 which was brought back on line February 25,stating that it was running
up to maximum on February 28 with no problems.She said they referred the turbine blades,which were the problem,
to Duke Engineering in North Carolina to determine the failure and that process is continuing.Chairperson Welch
commented that he had spoken with Bob Crye who said that when the unit came back up and they had it under full load
the capacity was right at 100 megawatts,the maximum which has been generated off of that unit.
Garrett reminded Board members of a joint meeting of RP&L and the Sanitary Board on March 27th at 7 p.m.at the
RP&L service building to hear a report on the possible landfill generation project.
NEW BUSINESS
Chairperson Welch said the property on Williamsburg Pike had been a point of discussion for some time,and,as a
forwarding planning for RP&L he said he would like City Attorney Bob Bever to shed some light on that subject.
Bever said he had been asked by some of the Board members what would be the possibilities and procedures required if
RP&L decided to sell the property at the corner of Progress Drive and Williamsburg Pike.He said they own
approximately 39 acres plus the 15 acres already under lease with Amcast.Bever said in order to sell this real estate,
code does not treat municipally owned utility property any differently than any other City property.He said for the City
to sell property of this value,it must get a pre-approval hearing just to have public input on whether or not to sell it or
retain it.He said this requires a 10-day public notice prior to a Board meeting.Bever said the Chief Executive(in this
case,the Mayor)is to name the Board to have that public hearing,and added that he had talked with the Mayor prior to
this meeting tonight and he said he would want this Board to be the designated one to hold that hearing.
It is his recommendation,Bever said,to set the next meeting on March 20 for a public hearing and he would get the
notice in the newspaper which would be to have public input on the pros and cons of selling the property in general.
Then,after that,he said,if the Board chooses to sell the property,there are two different methods which can be used.
One is a competitive bid or public auction type of procedure,he said,and the other is that if this property would be
going for some sort of economic development project or compatible land use planning,they could choose to sell it
privately on their own so long as they get at least 100 percent of the appraised price.He said those are the things this
Board can discuss at its next meeting about where to go forward if they choose to sell it.
Chairperson Welch said that being the case,he would announce tonight that at this Board's March 20 meeting there
would be a public hearing so the public may have input as to its reaction to place the designated land in the market
place.Bever said he would prepare the necessary papers.Chairperson Welch said he would invite the entire general
public who might have an interest or a question about the decision to attend that meeting.
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