HomeMy Public PortalAbout06-22-1998 r� /
PROCEEDINGS OF THE COMMON COUNCIL OF THE
CITY OF RICHMOND,INDIANA,SERVING AS A BOARD
JN CHARGE OF THE OPERATION OF THE RICHMOND POWER&LIGHT PLANT
MONDAY,,TUNE 22,1998
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,June 22, 1998,in the Council Chambers in
the Municipal Building in said City.Vice Chairperson Bing Welch presided with the following Councilmembers in
attendance:Howard"Jack"Elstro,Etta J.Lundy,Bob Dickman,Sarah"Sally"Hutton,Geneva"Gene"Allen,Dennis
R.Rice Sr.,and Bruce Wissel.Chairperson Larry Parker was absent.The following business was conducted:
APPROVAL OF MINUTES
The minutes of the June 1, 1998 meeting,were approved on a motion by Councilmember Hutton,second by
Councilmember Allen 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 Wissel and by unanimous voice vote the motion was carried.
Bills Already Paid:
Payroll and Deductions 465,474.64
Investments Purchased From:
Cash Operating Fund 400,000.00
Bond Singing Fund
Utility Bond Reserve Fund
Depreciation Reserve Fund 91,000.00
Insurance Reserve Fund
Consumer Deposit Fund
Cash Reserve Fund 171,385.00
Group Insurance Fund
Total Investments 662,385.00
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 190,643.20
Total Prepaid Invoices 1,318,502.84
Less EFT/Direct Deposit of Payroll (107,452.36)
Total Prepaid Invoices 1,211,050.48
Total EFT Transfers: 1,065,488.16
Total Prepaids plus EFT Transfers: 2,276,538.64
Total Bills Not Paid 1,496,762.49
Grand Total 3,773,301.13
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RP&L Minutes Cont'd
June 22, 1998
Page 2
REMARKS BY VICE CHAIRPERSON
Vice Chairperson Welch announced that Chairperson Parker is out of town and unable to preside at this meeting.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
Councilmember Elstro said neither of the new projects in Oak Park or Woodgate have been started with all the recent
outages and being short of parts.He turned in two new requests for streetlights for South 37th Street and Hayes
Arboretum Road to Clerk Norma Schroeder to give to the Board of Works to study.
REPORT BY GENERAL MANAGER
General Manager David Osburn requested authorization to replace the hot and cold end baskets and repair the rack and
pinion assembly on Unit No.2 air heater.He said the existing unit is rusted and corroded and not working well so the
intention is go ahead and get this on order so it can be on hand to replace in the fall.Councilmember Wissel asked for
an explanation of the term hot and cold end baskets and Osbum responded that it is a part of the flue gas off the boiler
and Councilmember Welch added that"heat exchange"would be a better name for them.In answer to a question by
Councilmember Dickman about what was budgeted for this,Osbum answered that it was$100,000,but the estimate is
around$95,000.Councilmember Dickman moved to authorize Osburn to make purchases to replace the hot and cold
end baskets and repair the rack and pinion assembly on the No.2 air heater,second by Councilmember Hutton and the
motion was carried on a unanimous voice vote.
Osburn said he had received two bids to replace the main water supply lines into the Service Building and toward
Whitewater Valley Generating Station and in reviewing them he felt RP&L could do the work and save quite a bit of
money as well as making sure it was done in time.He asked the approval of the Board to buy the pipe and have its own
crews put the line in,adding that the pipe and materials will amount to about$20,000.Councilmember Elstro moved to
authorize the repair to the water lines,second by Councilmember Allen and the motion was carried on a unanimous
voice vote.
Osburn said RP&L received the E.S.Scattergood System Achievement Award at the recent A.P.P.A.Conference and
he was happy to be the one to accept it on behalf of the utility and its employees as well as the City and the citizens of
Richmond.Vice Chairperson Welch added his comments of appreciation,stating that it was an honor to receive the
award.
Osburn said as of Sunday night,Unit No. 1 is back on line and running well,adding that the engineers will continue to
work to fine tune the equipment that was installed.He said the utility came within a couple of megawatts today of
setting an all-time system high and predicted that if the weather pattern holds,it will certainly succeed in doing that
before the end of the week.
Commenting on the recent storms that went through the area,which caused several outages within the system,Osburn
said he feels the utility did a good job of getting the electric service restored.He thanked all the employees for pitching
in and helping out,adding that he had called everybody in,even the office people,who helped out in answering the
telephone calls.Vice Chairperson Welch asked Osburn to pass along the Board's appreciation to all the employees as
well.
Councilmember Elstro commented on the recent outage at McBride Stadium,saying it was not the fault of RP&L,but
was within the system at the stadium.He also commented on the temporary fix which RP&L was able to do to restore
the electricity the next night.
Councilmember Hutton wished Councilmember Elstro,who was the recipient of two balloons,a happy birthday.
NEW BUSINESS
There was none.
ADJOURNMENT
There being no further business,on a motion duly made,seconded and passed,the meeting was adjourned.
Bing Welch,Vice Chairperson
ATTEST:
Norma Schroeder,Clerk