HomeMy Public PortalAbout06-02-1997 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, JUNE 2,1997
1 The Common Council of the City of Richmond, Indiana, serving as a Board in charge of the operations of the
2 Richmond Power& Light Plant met in regular session at 7 p.m. Monday, June 2, 1997, in the Council Chambers
3 in the Municipal Building in said City. Chairperson Bing Welch presided with the following Councilmembers in
4 attendance: Howard "Jack" Elstro, Etta Lundy, Bruce Wissel, Sarah "Sally" Hutton, Geneva "Gene" Allen, Alan
5 Stamper and Larry Parker. The following business was had to-wit:
6
7 APPROVAL OF MINUTES
8
9 The minutes of the meeting of May 19, 1997 were unavailable.
10
11 APPROVAL OF BILLS, INVESTMENTS AND TRANSFERS
12
13 Upon recommendation of the Finance Committee, Councilmember Hutton moved to approve the following bills for
14 payment,seconded by Councilmember Lundy and by unanimous voice vote the motion carried.
15
16 Bills Already Paid
17 Payroll and Deductions 227,230.38
18
19 Investments Purchased From:
20 Cash Operating Fund 550,000.00
21 Bond Sinking Fund
22 Utility Bond Reserve Fund
23 Depreciation Reserve Fund 1,008,482.96
24 Insurance Reserve Fund 225,697.15
25 Consumer Deposit Fund
26 Cash Reserve Fund 168,025.00
27 Group Insurance Fund
28
29 Total Investments 1,952,205.11
30
31
32 Transfer from Cash Operating Fund to;
33 Gash Reserve Fund for payment
34 to City in lieu of taxes
35
36 Transfer from Cash Operating Fund to;
37 Depreciation Reserve Fund
38 for Property&Plant
39
40 Transfers from Depreciation Reserve to:
41 Gash Operating Fund
42
43 Transfers from Consumer Deposit to:
44 (:ash Operating Fund
45
46 Transfers from Utility Bond Reserve Fund to:
47 Bond Sinking Fund
48
49 Transfers from Cash Operating to :
50 Interest and Bond Principal
51 Bond Sinking Fund
52 Gash Reserve Fund
53 Utility Bond Sinking Fund
54 Depreciation Reserve Fund
55 56
Insurance Reserve Fund
Consumer Deposit Fund
57 Interest and Bond Principal
58 End of Month Petty Cash
59 Revenue Bonds
60 Interest Coupons Redeemed
61 Bond Coupons
62 Miscellaneous Prepaid Invoices 192,336.33
63 Total Prepaid Invoices 2,371,771.82
64 Less EFT/Direct Deposit of Payroll (48,981.23)
65 Total Prepaid Invoices 2,322,790.59
Total Bills Not Paid 540,503.28
Grand Total 2,863,293.87
36
RP&L Minutes Cont'd
June 2, 1997
Page 2
1 REMARKS BY CHAIRPERSON
2
3 Chairperson Welch announced the June 16 meeting will be postponed to Monday, June 23, because several
4 members will be attending the national electrical conference in Toronto that week.
5
6 UNFINISHED BUSINESS
7
8 There was none.
9
10 STREET LIGHT COMMITTEE REPORT
11
12 Councilmember Elstro said a request had been received for two street lights for the new South 37th Street from
13 the City Engineer who cited safety reasons for the request. He said he would pass the request on to Chairperson
14 Welch or the Clerk but it would still be up to the Mayor as to whether or not money is available. He added that the
15 lights could be placed on existing poles.
16
17 MISCELLANEOUS BUSINESS
18
19 There was none.
20
21 REPORT BY GENERAL MANAGER
22
23 In an effort to clear up an issue about street lights, General Manager Irving Huffman explained that requests for
24 new street lights have to come from the Mayor and the Board of Works. He said when the request is received, RP
25 &L installs the lights with the City paying for the installation.
26
27 Huffman said he would not be opening bids tonight for the new storage building since some additional instructions
28 had been sent to the bidders which will mean they will be delayed and opened at the next meeting. He added that
29 the bidders will have plenty of time to react to the new instructions. In his security fence update, Huffman said the
30 fence is on order and it will take a little over 7,000 running feet to go around the entire parameter of the property.
31 Initially, he said, it was thought the work could be done in segments, but it was decided that the entire project
32 should be done at one.
33
34 Reporting on an electric power research institute meeting he attended on sulphur dioxide and toxic materials,
35 Huffman said he was given copies of the new proposed regulations that EPA is sending out for comments. He
36 said he feels some of the regulation requirements are completely unfounded engineering-wise. He said the
37 research institute has delved into experimentation especially in the mercury area, adding that that is difficult to
38 monitor especially if coals are changed because it can come out in three different forms. He said they felt not
39 enough mercury was being put out in a form that could be harmful to the public.
40
41 He said the meeting pointed out that those running the utilities had better know what they are doing because the
42 regulations, as well as the money being spent, are going to have a big impact on the utilities. Huffman said RP &
43 L is very fortunate that Asea, Brown & Bavaria furnished the low nitrous oxide burners for Unit No. 1 free of
44 charge and all the utility had to do was pay for the installation. He said although the utility had to buy them for Unit
45 No.2 it still benefitted even though a lot of money was spent.
46
47 Huffman said he learned in the meeting that the monitoring equipment concept is that you must buy a certain kind
48 because what they would like to see happen is that they can remotely monitor you equipment from any distant
49 place. He added that, as more sensitive equipment comes available, the equipment you have will have to be
50 scrapped. He said he sees this as part of the problem in trying to convey some information into the political arena.
51 Huffman stated that since he is the one who signs his name at RP & L, he had better know what is going on and
52 keep attuned to the environmental regulations,as will also be the case with the next general manager.
53
54 Responding to a statement by Chairperson Welch, Huffman explained that the recent rains have been responsible
55 for additional moisture which has interfered with getting Unit No. 1 back up, but he expects that to take place
56 within the next two or three days.
57
58 ADJOURNMENT
59
60 There being no further business,on a motion duly made,seconded and passed the meeting was
61 adjourned.
62
63
64
65 Bing Welch, Chairperson
ATTEST:
Norma Schroeder, Clerk