HomeMy Public PortalAbout10-05-1998 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,OCTOBER 5,1998
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,October 5, 1998,in the Council Chambers in
the Municipal Building in said City.Chairperson Larry Parker presided with the following Councilmembers in
attendance:Howard"Jack"Elstro,Etta Lundy,Sarah"Sally"Hutton,Geneva"Gene"Allen,Dennis R.Rice Sr.,Bing
Welch and Bruce Wissel.Bob Dickman was absent.The following business was conducted:
APPROVAL OF MINUTES
The minutes of the meeting of September 21, 1998,were approved on a motion by Councilmember Hutton,second by
Councilmember Lundy and the motion was carried on a unanimous 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 Lundy and by unanimous voice vote the motion was carried.
Bills Already Paid:
Payroll and Deductions 223,313.87
Investments Purchased From:
Cash Operating Fund 1,600,000.00
Bond Singing Fund
Utility Bond Reserve Fund
Depreciation Reserve Fund 91,000.00
Insurance Reserve Fund
Consumer Deposit Fund
Cash Reserve Fund 174,813.00
Group Insurance Fund
Total Investments 1,865,813.00
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 185,392.95
Total Prepaid Invoices 2,274,519.82
Less EFT/Direct Deposit of Payroll (58,554.84)
Total Prepaid Invoices 2,215,964.98
Total EFT Transfers: 1,321,701.90
Total Prepaids plus EFT Transfers: 3,537,666.88
Total Bills Not Paid: 537,461.49
Grand Total of Bills to be Approved: 4,075,128.37
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RP&L Minutes Cont'd
October 5, 1998
Page 2
REMARKS BY CHAIRPERSON
Chairperson Parker said at its Thursday night meeting the Board approved the Union negotiations contract and also
discussed the street light issue in the Woodgate Addition.The decision,he said,was to continue to install the sodium
lights and if it is found in the future that there is a mercury vapor,halogen or a white light that comes out which is less
expensive not only in purchase price but also in operation price,then the Board will look into it.However,he said,at
the present time,there is nothing available and RP&L will continue with the sodium.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro said Chairperson Parker covered the issue with the statements he made earlier.
REPORT BY GENERAL MANAGER
Chairperson Parker announced that sitting in for General Manager David Osbum were Harry Phillips,Bob Hart and
Dennis Dixon.He asked Phillips to read Resolution No. 1-1998 in its entirety.The resolution declared the week of
October 4-10, 1998 as the 12th annual Public Power Week"in order to honor Richmond Power&Light for its
contributions to the community and to make its customers,policy makers,and employees more aware of the utility's
overall contributions to their well being."(The resolution is on file in its entirety in the City Clerk's office.)
Councilmember Welch moved to approve the resolution,second by Councilmember Hutton and the motion was carried
on a unanimous voice vote.
Phillips said the contractor tree trimming quotes had been received by Asplundh Tree Expert Co.for$74.17 an hour
and from Nelson Tree Service for$73.75 an hour.He said Dixon,manager of power delivery at RP&L,recommended
the quote by Nelson Tree Service be accepted.Councilmember Welch so moved,second by Councilmember Rice and
the motion was carried on a unanimous voice vote.
Phillips asked for approval of the bid for the installation of three air handlers at the service building,recommended the
acceptance of the quote given by Meyers Mechanical Corp.of Richmond for$42,979.The other bid was by Phoenix
Metal Works of Dayton,Ohio for$43,573.Councilmember Welch moved to authorize the General Manager to accept
the bid by Meyers,second by Councilmember Wissel and the motion was carried on a unanimous voice vote.
Chairperson Parker said he wished to clarify the cost per hour is not just for one person,but included the crew leader,
tree trimmer,aerial lift,the necessary tools and the chipper.He said he did not want to mislead the public into thinking
that one person with a handsaw would make$73 an hour.
In giving the general report,Phillips announced the activities of RP&L during Public Power Week,stating that the
goal is to remind the community and its customers that the utility is municipally owned and operated and proud to be
this community's electrical power provider.He said the first activity,which was a safety-coloring contest in all the
elementary schools within RP&L's service are,has been completed.He said Chairperson Parker and Osbum judged
the artwork and they would be visiting the schools October 7 to award the prizes.He expressed his appreciation to the
principals and teachers who participated in the project,warning and educating the children about electrical safety.
Phillips also extended an invitation to RP&L customers to visit the office at 44 South 8th Street for free doughnuts and
coffee from 7:30 to 11 a.m.Thursday,October 8.He added that the invitation also included an open house and guided
tour at RP&L on U.S.27 South from 10 a.m.to 2 p.m.Saturday,October 10,where the students' art work will be on
display.
NEW BUSINESS
There was none.
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned.
Larry Parker,Chairperson
ATTEST:
Norma Schroeder,Clerk