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HomeMy Public PortalAbout09-03-1996 PROCEEDINGS OF THE COMMON COUNCIL OF mg CITY OF RICHMOND.INDIANA.SERVING AS A BOARD IN CHARGE OF THE OPERATION OF THE RICHMOND POWER&LIGHT PLANT MONDAY. SEPTEMBER 3.1996 1 The Common Cound 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, September 3, 1996, in the Council 3 Chambers in the Municipal Building in said City. Chairperson Larry Parker presided with the following 4 Councilmembers in attendance: Howard "Jack" Elstro, Etta Lundy, Bruce Wissel, Sarah "Sally" Hutton, Robert 5 Dickman,Alan Stamper,Bing Welch and Geneva"Gene"Allen. The following business was had to-wit: 6 7 APPROVAL OF MINUTES OF AUGUST19.1996 8 9 Councilmember Hutton moved the minutes be approved, second by Councilmember Allen and the motion was 10 carried on a unanimous voice vote. 11 12 APPROVAL OF BILLS. INVESTMENTS AND TRANSFERS 13 14 Upon recommendation of the Finance Committee,Councilmember Stamper moved to approve the following bills 15 for payment,seconded by Councilmember Wissel and by unanimous voice vote the motion carried. 16 17 Bills Already Paid 18 Payroll and Deductions 221,870.68 19 20 Investments Purchased From: 21 Cash Operating Fund 1,200,000.00 22 Bond Sinking Fund 23 Utility Bond Reserve Fund 24 Depreciation Reserve Fund 25 Insurance Reserve Fund 26 Consumer Deposit Fund 27 Cash Reserve Fund 28 Group Insurance Fund 29 30 Total Investments 1,200,000.00 31 32 Transfer from Cash Operating Fund to; 33 Cash 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 Cash Operating Fund 42 43 Transfers from Consumer Deposit to: 44 Cash 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 Cash Reserve Fund 53 Utility Bond Sinking Fund 54 Depreciation Reserve Fund 55 Insurance Reserve Fund 56 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 256,408.48 63 Total Prepaid Invoices 1,678,279.16 64 Less EFT/Direct Deposit of Payroll (40,843.48) 65 Total Prepaid Invoices 1,637,435.68 Total Bills Not Paid 643,737.03 Grand Total 2,281,172.71 RP&L Minutes Cont'd September 3, 1996 Page 2 1 REMARKS BY CHAIRPERSON 2 3 There were none. 4 5 UNFINISHED BUSINESS 6 7 There was none. 8 9 STREET LIGHT COMMITTEE REPORT 10 11 There was none. 12 13 MISCELLANEOUS BUSINESS 14 15 There was none. 16 17 REPORT BY GENERAL MANAGER 18 19 General Manager Irving Huffman asked for a motion to accept the publisher's affidavit indicating that RP& L had 20 legally advertised August 22 and August 29 in the Palladium-Item seeking bids for two small dump trucks to 21 replace Units No.29 and No.39. Councilmember Allen so moved,second by Councilmember Welch and the 22 motion was carried on a unanimous voice vote. 23 24 The first bid opened by Huffman was from Brookbank Auto Center in Richmond and was for two Chevy trucks for 25 a total of$58,902.26 less the trade in for$10,400 which made the net bid total 48,502.26.The second bid was 26 from Fred First Ford of Richmond and was for two trucks for a total of$61,622.00 and an allowance of$5,100 27 each for the trade ins, making a total of$51,422.00. The third bid was from Studebaker Buick of Richmond for 28 two trucks at a total of$57,276, less the trade in of$9,000,with a net total of$48,276.00. Councilmember Wissel 29 moved to refer the bids to the general manager for tabulation, evaluation and reccomendation. 30 31 Huffman asked for a motion to accept the publisher's affidavit indicating that RP& L had legally advertised August 32 22 and August 29 in the Palladium-Item seeking bids for a 1997 four-door sedan. Councilmember Lundy so 33 moved,second by Councilmember Hutton and the motion was carried on a unanimous voice vote. 34 35 The first bid opened was from Studebaker Buick for a 1997 Buick Ultra for$30,540, less the trade in allowance of 36 $1,000 making the total bid for$29,540. Huffman said alternate bids presented were for a 1997 BuickPark 37 Avenue for$26,397 plus the trade in of$1,000,with a net price of$25,397; a Buick Roadmaster for$26,850 less 38 $1,000 for a net total of$25,397;and a Buick LeSabre for$22,140 less$1,000 for a net total of$21,140. Huffman 39 said he would check to see if all met the specifications.A bid submitted by Fred First Ford of Richmond was for a 40 1997 Grand Marquis for$24,280 less the trade in allowance of$500 leaving a net total of$23,780. 41 Councilmember Wissel asked what the trade in was and Huffman responded that it is a 1987 Mercury with 42 129,000 miles. Councilmember Hutton moved to refer the bids to the general manager,second by 43 Councilmember Elstro and the motion was carried on a unanimous voice vote. 44 45 Huffman stated that wage negotiations are underway and asked Board members to reserve Tuesday, September 46 17 for a meeting which will include RP&L's labor attorney, Reid Sisson,who will give a report and has been 47 requested by the union to have something pertaining to the pension plan. Huffman said there will be a report from 48 the Principal Company on the retirement plan. 49 50 Huffman said if it meets with the approval of City Attorney Bob Bever,the meeting can be either at 6 or 7 p.m. 51 President Parker said he will wait for Bever's answer. Bever said approval would be subject to whether or not it 52 has to be an open door or whether or not it can be an executive session. Councilmember Parker said if it cannot 53 be an executive session for union negotiations he sees no reason in having it. Huffman said he hopes to wrap 54 negotiations up by the middle of the last week of September. 55 56 Huffman said he had met with all parties on the LEBS project, adding that this is one of the super ones that has 57 ever come out of the Department of Energy and hopefully will be a win-win project. In answer to some of those 58 questions Huffman said people had asked as to why RP&L should get involved in this project, he commented 59 that RP& L has been progressive over these many years and this Board has tried to make sure its stays that way. 60 He recalled there was some controversy when the Whitewater Station and Unit No.2 went on line but both proved 61 to be the best things that ever happened to Richmond. He asked those who are quick to judge to wait until the 62 figures are out,commenting that it is the utility of the future. 63 64 In answer to a question by Councilmember Dickman for an update on John Ulrich,the new assistant general 65 manager, Huffman said he is on his way to Richmond and he hopes to introduce him at the next meeting of the Council. RP&L Minutes Cont'd September 3, 1996 Page 3 1 NEW BUSINESS 2 3 There was none. 4 5 PUBLIC COMMENTS 6 7 There were none. 8 9 ADJOURNMENT 10 11 There being no further business,on a motion duly made,seconded and passed the meeting was 12 adjourned. 13 14 15 16 17 18 19 Larry Parker, Chairperson 20 21 22 23 24 25 26 ATTEST: 27 Norma Schroeder, City Clerk 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65