HomeMy Public PortalAbout05-20-1996 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. MAY 20.1996
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, May 20, 1996, in the Council Chambers
3 in the Municipal Building in said City. Chairperson Larry Parker presided with the following Councilmembers in
4 attendance: Howard "Jack" Elstro, Etta Lundy, Bruce Wissel, Sarah "Sally" Hutton, Robert Dickman, Alan
5 Stamper,Bing Welch and Geneva"Gene"Allen. The following business was had to-wit:
6
7 APPROVAL OF MINUTES OF MAY 6.1996
8
9 Councilmember Allen noted that LIFAC was incorrect in line 45 on page 2 and line 6 on page 3 and moved that a
10 correction be made,second by Hutton and the motion was carried on a unanimous voice vote.She then moved to
11 approve the minutes,second by Councilmember Hutton and the motion was carried on a unanimous voice vote.
12
13 APPROVAL OF BILLS. INVESTMENTS AND TRANSFERS
14
15 Councilmember Wissel questioned the bill for$90 for greens fees and General Manager Irving Huffman said he
16 would check cn that and get back to him. Upon recommendation of the Finance Committee, Councilmember
17 Stamper moved to approve the following bills for payment,seconded by Councilmember Hutton and by
18 unanimous voice vote the motion carried.
19
20 Bills Already Paid
21 Payroll and Deductions 447,258.06
22
23 Investments Purchased From:
24 Cash Operating Fund 2,100,000.00
25 Bond Sinking Fund
26 Utility Bond Reserve Fund
27 Depreciation Reserve Fund 797,271.38
28 Insurance Reserve Fund
29 Consumer Deposit Fund
30 Cash Reserve Fund 164,730.00
31 Group Insurance Fund
32
33 Tota[Investments 3,062,001.38
34
35 Transfer from Cash Operating Fund to:
36 Cash Reserve Fund for Payment
37 ID City in ieu of taxes 164,730.00
38
39 Transfer from Cash Operating Fund to:
40 Depreciation Reserve Fund
41 for Property&Plant 91,000.00
42
43 Transfers from Depreciation Reserve to:
44 Cash Operating Fund
45
46 Transfers from Consumer Deposit to:
47 Cash Operating Fund
48
49 Transfers from Utility Bond Reserve Fund to:
50 Bond Sinking Fund
51
52 Transfers from Cash Operating to
53 Interest and Bond Principal
54 Bond Sinking Fund
55 Cash Reserve Fund
56 Utility Bond Sinking Fund
57 Depreciation Reserve Fund
58 Insurance Reserve Fund
59 Consumer Deposit Fund
60 Interest and Bond Principal
61 End of Month Petty Cash
62 Revenue Bonds
63 Interest Coupons Redeemed
64 Bond Coupons
65 Miscellaneous Bills Already Paid 1,529,081.00
Total Prepaid Invoices 5,294,070.44
Less EFT/Direct Deposit of Payroll (83,735.09)
Total Prepaid Invoices 5,210,335.35
Total Bills Not Paid _531.115.02
Grand Total 5,741,450.37
RP&L Minutes Cont'd
May 20, 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 Councilmember Elstro said a short meeting was held Wednesday at RP&L which resulted in no definite answers
12 but a couple of ideas were shared that will possibly be looked into after the rate increase.
13
14 MISCELLANEOUS BUSINESS
15
16 There was none.
17
18 REPORT BY GENERAL MANAGER
19
20 General Manager Irving Huffman said the bids received for the 1996 pick up truck from Brookbank, Studebaker
21 and Fred First had been reviewed and he recommended the bid be awarded to Studebaker. He stated that the bid
22 from Brookbank was the lowest at$13,669 less trade in, but Studebaker's bid,which was$20 higher,was
23 accepted because the specifications had stipulated vinyl seats and the Brookbank bid was for cloth seats.
24 Councilmember Welch moved to accept the bid from Studebaker for$13,389 less trade in,second by
25 Councilmember Hutton and the motion was carried on a unanimous voice vote.
26
27 Huffman requested authorization to receive bids for a 1996 industrial tractor loader/backhoe, noting that it will
28 replace a 1983 backhoe. Councilmember Wissel so moved,second by Councilmember Elstro and the motion was
29 carried on a unanimous voice vote.
30
31 Another request by Huffman to receive bids was for a 1996 brush chipper replacing a 1987 model. He noted that
32 the newer models have feed rolls and safety bars on the side. Councilmember Stamper moved to authorize the
33 general manager to receive bids for a 1996 brush chipper,second by Councilmember Allen and the motion was
34 carried on a unanimous voice vote.
35
36 Huffman reported that Unit No.2 came back on line Friday, noting the repair work included the replacement of the
37 economizer section which entailed knocking a hole in the wall to feed it in. He said the labor and material was
38 about$300,000. He said low nitrous oxide burners were also installed, adding that he hopes this will make RP &L
39 in compliance with EPA as far as low nitrous oxide requirements. He added that a new crusher was also installed
40 replacing the old one which was purchased in 1953. He said when all of these things are added up they come to
41 well over$1 million. He added that the other work performed which included pulverizer, piping and bumpers would
42 bring that total to$11/2 million in this inspection time. He said he felt this was money well spent because it keeps
43 the unit dependable and in good repair.
44
45 Councilmember Dickman asked Huffman if he was planning to take bids for his new car when he gets ready to
46 buy it and Huffman responded that in previous years he has received quotes and has submitted them to the
47 Board and they have always been approved. He added that he has brought in three bids every time.
48 Councilmember Dickman interrupted Huffman,commenting that all he wanted to know was whether or not he was
49 going to take bids. In answer to a question by Councilmember Allen about being in compliance with EPA, Huffman
50 said RP&L is currently in compliance,but the new rules set by EPA become effective in 1997.
51
52 ADJOURNMENT
53
54 There being no further business,on a motion duly made,seconded and passed the meeting was
55 adjourned.
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59
60
61 Larry Parker, Chairperson
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65
ATTEST:
Norma Schroeder, City Clerk