HomeMy Public PortalAbout04-20-1998 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,APRIL 20,1998
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,April 20, 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 April 6, 1998,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 Allen and by unanimous voice vote the motion was carried.
Bills Already Paid:
Payroll and Deductions 229,475.30
Investments Purchased From:
Cash Operating Fund
Bond Singing Fund
Utility Bond Reserve Fund
Depreciation Reserve Fund 1,564,967.26
Insurance Reserve Fund
Consumer Deposit Fund
Cash Reserve Fund
Group Insurance Fund
Total Investments 1,564,967.26
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 124,105.81
Total Prepaid Invoices 1,918,548.38
Less EFT/Direct Deposit of Payroll (56,264.18)
Total Prepaid Invoices 1,862,284.19
Total EFT Transfers: 918,532.25
Total Prepaids plus EFT Transfers: 2,780,816.44
Total Bills Not Paid 450,133.89
Grand Total 3,230,950.33
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RP&L Minutes Cont'd
April P1998
Page 2
REMARKS BY CHAIRPERSON
Chairperson Parker said he had no remarks.
UNFINISHED BUSINESS
There was none.
STREET LIGHT COMMITTEE REPORT
There was no report.
REPORT BY GENERAL MANAGER
General Manager David Osburn asked for authorization from the Board to create a Programmer/Analyst position with a
salary range of 40 to 50,000 annually and amend Salary Resolution No.2—1997 to reflect the new position.
Chairperson Parker asked for a report by the Personnel Committee.Councilmember Welch said the committee had met
April 3, 1998,with Osburn and Tim Broering to discuss the proposed position.He said it was the consensus of the
committee to recommend approval of the position and the salary range.
Councilmember Elstro moved to approve the new position and salary range and to amend the Salary Resolution No.2—
1997 to reflect the new position,second by Councilmember Wissel and the motion was carried on a unanimous voice
vote.
Osburn reported that on the past weekend the major outage on Unit No. 1 was started which means there are several
contractors working on that project.He said GE had started taking the turbine generator apart and A.B.B.is removing
the old mills to get ready to replace them with the new ones,and are tearing a big hole in the roof so they can start
replacing the tubes in the boiler.
Osburn said he wanted to forewarn the Board about the major water leaks on the main water line feeding the service
building.He said in digging up the water line to repair it,it seemed to be in very bad shape.He said he has asked for
estimates from the local contractors on replacing the water line.He added that new paving of the parking lots through
which the water line runs is anticipated this year,so he feels it would be better to go ahead and replace that line before
that paving is done.He said he would probably be coming back to the Board in another month with the proposals to
replace that water line.
He said I.M.P.A.is going to start running some radio commercials in May and he gave each Councilmember some
examples of what these commercials will contain and the approximate dates of when they will run locally.
Councilmember Welch said the commercials he has seen on TV are very good.Osbum said he had distributed copies of
I.M.P.A.'s annual report which had just been released and also copies of RP&L's Phase 2 rates that had been
implemented last month.
Chairperson Parker asked when the gates at RP&L will be operational and when will they start being locked at night.
Osbum said they had run into delays on some materials which he believes have been delivered,but,in the meantime
they had taken some of the crews off that project to do other work and they just have to schedule them to get them back
on so the work can be finished.He said the job could probably be finished in another month.Part of the process,he
said,is getting the procedure set and also as to how it is going to be done.He said the back gate is not operational now,
but some of the evening shift comes in that way.
Councilmember Allen asked for a report on the pension fund since it has been a couple of years since the Board has had
such a report.Osburn said he would check on that and see if one has been issued recently.
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