HomeMy Public PortalAbout09-08-1998 fi
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,SEPTEMBER 8,1998
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,September 8, 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,Bob Dickman,Sarah"Sally"Hutton,Bing Welch and Bruce Wissel.
Absent were Geneva"Gene"Allen and Dennis R.Rice Sr.The following business was conducted:
Chairperson Parker stated that the acceptance for the containment structures that had been opened last week and
referred to the General Manager should be added to the agenda.Councilmember Hutton so moved,second by
Councilmember Welch and the motion was carried on a unanimous voice vote.
APPROVAL OF MINUTES
The minutes of the meeting of August 27, 1998,were approved on a motion by Councilmember Hutton,second by
Councilmember Welch and the motion was carried on a unanimous voice vote.
APPROVAL OF BILLS,INVESTMENTS AND TRANSFERS
Upon recoirwiendation of the Finance Committee,Councilmember Hutton moved to approve the following bills for
payment,seconded by Councilmember Welch and by unanimous voice vote the motion was carried.
Bills Already Paid:
Payroll and Deductions 221,415.84
Investments Purchased From:
Cash Operating Fund
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 265,813.00
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 186,805.90
Total Prepaid Invoices 674,034.74
Less EFT/Direct Deposit of Payroll (52,052.46)
Total Prepaid Invoices 621,982.28
Total EFT Transfers: 1,571,602.60
Total Prepaids plus EFT Transfers: 2,193,584.88
Total Bills Not Paid: 603,785.60
Grand Total of Bills to be Approved: 2,797,370.48
I 0
RP&L Minutes Cont'd
September 8, 1998
Page 2
REMARKS BY CHAIRPERSON
Chairperson Parker had no remarks.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro said the installation of streetlights had started in the Woodgate addition,noting it would take
about three to four weeks,depending on the weather.Chairperson Parker said he had had an inquiry about light bulbs,
and General Manager David Osburn said the standard street light fixture is now a high-pressure sodium light bulb.He
added that he did not recommend the mercury vapor,stating that the sodium gives out more light for less wattage,
which makes it an energy conservation item also.Chairperson Parker said there is an ongoing program to eliminate the
mercury vapor,stating that if a fixture burns out it is replaced with the sodium fixture.He said they are trying to phase
out the mercury vapor.
REPORT BY GENERAL MANAGER
General Manager Osburn said one bid was received at the last meeting for containment structures for the facility's oil
containment program and after checking it,they found it meets specifications.He said the recommendation is that the
bid be awarded to Fishero&Fishero of Crawfordsville for$71,654.Councilmember Welch asked how many structures
that would cover,and Osbum answered it would be three,which are,Happy Hollow,State Hospital and Johnson Street,
with the bulk of the work to be done at Johnson Street.
In answer to a question by Councilmember Dickman about how the bid compares to what was budgeted,Osbum said it
is quite a bit under the budget of$160,000,which was for containment work in general.He said,however,the
engineer's estimate of$62,000 did not estimate the prevailing wage,which is required for this bid.He said the workers
will come from Crawfordsville and RP&L will also do some of the work.Councilmember Wissel asked why only one
bid was received,and Osbum said the feedback he received when he asked was that the locals were not interested in the
prevailing wage requirement contract.
Councilmember Dickman moved to approve the General Manager's recommendation that the bid be awarded to
Fishero&Fishero,second by Councilmember Wissel and the motion was carried on a unanimous voice vote.
Osburn introduced to the Board,Harry Phillips,the new energy services director for RP&L,who has been on staff for
the past two weeks.
Osbum also reminded Board members and the public that RP&L would host the Business After Hours from 5 to 6:30
p.m.Wednesday,September 9,with an open house at the service building on U.S.27 South.He added that there would
also be tours of the Whitewater Generating Station.
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