HomeMy Public PortalAbout08-17-1998 / o'D
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,AUGUST 17,1998
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,August 17, 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,Geneva"Gene"Allen,Dennis R.
Rice Sr.,Bing Welch and Bruce Wissel.The following business was conducted:
APPROVAL OF MINUTES
The minutes of the meeting of August 3, 1998,were approved on a motion by Councilmember Allen,second by
Councilmember Hutton 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 Dickman and by unanimous voice vote the motion was carried.
Bills Already Paid:
Payroll and Deductions 223,689.68
Investments Purchased From:
Cash Operating Fund
Bond Singing Fund
Utility Bond Reserve Fund
Depreciation Reserve Fund
Insurance Reserve Fund
Consumer Deposit Fund
Cash Reserve Fund 174,813.00
Group Insurance Fund
Total Investments 174,813.00
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 40,760.05
Total Prepaid Invoices 439,262.73
Less EFT/Direct Deposit of Payroll (51734.47)
Total Prepaid Invoices 387,528.26
Total EFT Transfers: 240,205.06
Total Prepaids plus EFT Transfers: 627,733.32
Total Bills Not Paid: 894,840.14
Grand Total of Bills to be Approved: 1,522,573.46
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RP&L Minutes Cont'd
August 17, 1998
Page 2
REMARKS BY CHAIRPERSON
Chairperson Parker had no remarks.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro said he had no report.
REPORT BY GENERAL MANAGER
General Manager David Osburn opened and read the only bid received for the construction of containment structures at
Happy Hollow,State Hospital and Johnson Street Substations.He said the bid was from Fishero&Fishero
Construction of Crawfordsville and was for$71,654.In answer to a question by Councilmember Dickman,Osbum said
the bid was for more than he had anticipated,adding that RP&L would be doing part of the work.He said this bid is
for the concrete forming,pouring and finishing as well as some grating to walk on.Chairperson Parker asked why local
contractors did not bid on this.Osburn answered that it was his understanding that it is a combination of having
sufficient work right now and because of the bidding requirements,primarily the prevailing wage,they elected not to
bid on it.Councilmember Welch moved to refer the bids to the General Manager for evaluation,tabulation and
recommendation,second by Councilmember Rice and the motion was carried on a unanimous voice vote.
Osbum said this is something he had mentioned in a previous meeting,that he felt it would be wise to go ahead and
perform an environmental compliance study and to look at the utility's needs for meeting its requirements in the future.
He said the three proposals submitted by the engineering firms of R.W.Beck,Black&Veach and Belba/SEI were very
close in cost.He said after reviewing the proposals it was recommended that Belba/SEI do the study.In answer to a
question by Councilmember Welch as to why that firm was chosen,Osburn said it is a small group and was
recommended to RP&L.Osbum said although Belba is small,he feels RP&L can get the focus of the very best
people they have and these people have years of experience.He said they are focused on environmental compliance
issues and they know boilers very well.He said the study should be completed in 45 days at a cost of$39,640,adding
that they were asked to bid time and material and not to exceed value.
Councilmember Dickman moved to authorize the General Manager to have Belba/SEI do the study,second by
Councilmember Welch and the motion was carried on a unanimous voice vote.
Osburn reminded the Board again that RP&L will be hosting the Business After Hours for the Richmond/Wayne
County Chamber of Commerce at 5 p.m.Wednesday,September 9 in the service building on U.S.27 South.He said
there will be the usual tour and open house of the service building,plus a tour of the Whitewater Station can be
arranged.
NEW BUSINESS
There was none.
ADIOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned.
Larry Parker,Chairperson
ATTEST:
Norma Schroeder,Clerk