HomeMy Public PortalAbout04-01-1996 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. APRIL 1.1996
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,April 1, 1996, in the Council Chambers in
3 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 MARCH 18,1996
8
9 Councilmember Hutton moved to approve the minutes of the previous meeting as prepared, seconded by
10 Councilmember Allen and on a unanimous voice vote the motion was carried.
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 Hutton and by unanimous voice vote the motion carried.
16
17 Bills Already Paid
18 Payroll and Deductions 227,900.00
19
20 Investments Purchased From:
21 Cash Operating Fund 1,400,000.00
22 Bond Sinking Fund
23 Utnity 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 1,400,000.00
31
32
33 Transfer from Cash Operating Fund to:
34 Cash Reserve Fund for Payment
35 to City in lieu of taxes
36
37 Transfer from Cash Operating Fund to:
38 Depreciation Reserve Fund
39 for Property&Plant
40
41 Transfers from Depreciation Reserve to:
42 Cash Operating Fund
43
44 Transfers from Consumer Deposit to:
45 Cash Operating Fund
46
47 Transfers from Utility Bond Reserve Fund to:
48 Bond Sinking Fund
49
50 Transfers from Cash Operating to :
51 Interest and Bond Principal
52 Bond Sinking Fund
53 Cash Reserve Fund
54 Utility Bond Sinking Fund
55 56
Depreciation Reserve Fund
Insurance Reserve Fund
57 Consumer Deposit Fund
58
59 Interest and Bond Principal
60
61 End of Month Petty Cash
62 Revenue Bonds
63 Interest Coupons Redeemed
64 Bond Coupons
65 Miscellaneous Bills Already Paid 1,581,002.84
Total Prepaid Invoices 3,208,903.74
Less EFT/Direct Deposit of Payroll (44,374.09)
Total Prepaid Invoices 3,164,529.65
Total Bills Not Paid 656,539.65
Grand Total 3,821,069.29
RP&L Minutes Cont'd
April 1, 1996
Page 2
1 REMARKS BY PRESIDENT
2
3 Chairperson Parker stated that the Board will meet in executive session at 7:10 p.m. Wednesday, April 3, to
4 discuss personnel.
5
6 UNFINISHED BUSINESS
7
8 There was none.
9
10 STREET LIGHT COMMITTEE REPORT
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12 No report was given.
13
14 MISCELLANEOUS BUSINESS
15
16 There was none.
17
18 REPORT BY GENERAL MANAGER
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20 Councilmember Hutton suggested that Resolution No.2-1996 go along with the City guidelines for consistency,
21 which is the first page free and 50 cents for each page after that. It also stated that the media is to receive a
22 current volume of budgets and similar material at no charge. Councilmember Hutton moved to change the
23 resolution be to consistent with that of the City with everything remaining the same except in paragraph two,
24 second by Councilmember Dickman.
25
26 Councilmember Stamper commented that he had received letters from people in the business community voicing
27 their concern as to whether or not they would be charged for the reports sent out by RP& L.General Manager
28 Irving Huffman said definitely not for that is part of the service RP &L provides for its customers.This, he said,
29 would be over and above what it is felt should be provided to the customer. Councilmember Allen said she felt it
30 would be more appropriate to have this put together in resolution form.Councilmember Welch moved to table the
31 resolution for a final vote,second by Councilmember Allen and the motion was carried on a unanimous voice
32 vote.
33
34 Huffman went into detail about the reather radar signal noting that the only vendor to provide it to RP& L was the
35 Doplar radar, adding that RP& L had to change telephone carriers to get a more dependable signal and ended up
36 writing its own software. He said they hoped to enhance it to provide more information to its customers. He said
37 the weather radar can be in two modes.One is the precipitation mode and is the more accurate as far as reading
38 is concerned.The other is the clear air mode and it becomes very sensitive and picks up almost anything.
39 Huffman said people depend upon the service such as contractors and those who pour concrete. Councilmember
40 Dickman asked about the cost and Huffman said he would get an answer for him by the next Board meeting.
41 Huffman said this is a great service to the utility because if you see there is a storm coming they can prepare for it
42 and possibly delay releasing the crews.Councilmember Welch asked Huffman to separate the data as to what the
43 signal is costing,the telephone line and the cost to put it on TCI. Huffman answered that the latter cost is free.
44
45 ADJOURNMENT
46
47 There being no further business, on a motion duly made,seconded and passed the meeting was
48 adjourned.
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54 Larry Parker, Chairperson
55
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58
59
60 ATTEST:
61 Norma Schroeder, City Clerk
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