HomeMy Public PortalAbout12-18-1995 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,DECEMBER 18.1995
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, December 18, 1995 in the Council
3 Chambers in said City. Chairperson Howard "Jack" Elstro presided with the following Councilmembers in
4 attendance:Gene Allen,Jane Brookbank, Bob Dickman, Mary Ellen Donat, Sally Hutton, Don McBride and Larry
5 Parker. Etta Lundy was absent.The following business was had to-wit:
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7 APPROVAL OF MINUTES OF DECEMBER 4.1995
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9 Councilmember Allen moved to approve the minutes, second by Councilmember Brookbank and the motion was
10 carried on a unanimous voice vote.
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12 APPROVAL OF BILLS.INVESTMENTS AND TRANSFERS
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14 Upon recommendation of the Finance Committee, Councilmember Donat moved to approve the following bills for
15 payment,seconded by Councilmember Hutton and by unanimous voice vote the motion carried.
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17 Bills Already Paid
18 Payroll and Deductions
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20 Investments Purchased From:
21 Cash Operating Fund 2,300,000.00
22 Bond Sinking Fund
23 Utility Bond Reserve Fund
24 Depreciation Reserve Fund 91,000.00
25 Insurance Reserve Fund
26 Consumer Deposit Fund
27 Cash Reserve Fund 164,730.00
28 Group Insurance Fund
29 Total Investments 2,555,730.00
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31 Transfer to City in Lieu of Taxes:
32
33 Trarsfer from Cash Operating Fund to:
34 Depreciation Reserve Fund: 91,000.00
35 Cash Reserve Fund: 164,730.00
36
37 Transfers from Depreciation Reserve to:
38 Cash Operating Fund
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40 Transfers from Consumer Deposit to:
41 Cash Operating Fund
42 Electronic Fund Transfer:
43 State/Local Payroll Tax
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45 Transfers from Cash Operating :
46 Interest and Bond Principal
47 Band Sinking Fund
48 Cash Reserve Fund
49 Utility Bond Sinking Fund
50 Depreciation Reserve Fund
51 Insurance Reserve Fund
52 Cansumer Deposit Fund
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54 Interest and Bond Principal
55 _
56 End of Month Petty Cash
57 Revenue Bonds
58 Interest Coupons Redeemed
59 Bond Coupons
60 Miscellaneous Bills Already Paid 144,099.45
61 Total prepaid invoices 2,955,559.45
62 Total Bills Not Paid 577,280.16
63
64 Grand Total 3,532,839.61
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RP&L Minutes Cont'd
December 18, 1995
Page 2
1 REMARKS BY CHAIRPERSON
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3 Chairperson Elstro had no comments.
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5 UNFINISHED BUSINESS
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7 There was none.
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9 STREET LIGHT REPORT
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11 There was none.
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13 REPORT BY GENERAL MANAGER
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15 General Manager Irving Huffman said the bid on the emergency backup generator for$36,857 received from
16 MacAllister Machinery of Indianapolis was evaluated and reviewed and found to be the lowest of the two received.
17 He recommended approval of that bid. Councilmember Dickman asked if RP& L had ever had a backup
18 generator and Huffman responded that it had not but added that the utility has not been as dependent upon
19 computerized equipment as it is now and as it becomes more dependent it is necessary to have some backup.
20 Councilmember Dickman moved to award the bid to MacAllister Machinery,second by Councilmember Hutton
21 and the motion was carried on a unanimous voice vote.
22
23 Huffman recommended the bid for the digger derrick truck be awarded to ALTEC Inc.for$111,988, noting that the
24 bid submitted was for$154,488 less the trade in of$42,500 and the bid was the lowest received. Councilmember
25 Allen asked Huffman if, starting in 1996, he could provide the Board a list of all the vehicles in the RP& L fleet.
26 Huffman said that could be done very easily and explained the differences in the kinds of trucks needed by the
27 crews, adding that trucks are usually doing something very difficult. Councilmember Hutton moved to award the
28 bid to ALTEC, Inc.,second by Councilmember Allen and the motion was carried on a unanimous voice vote.
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30 Huffman commended Councilmembers Brookbank, McBride and Donat for their service to the community.
31 Councilmember Allen led Council in singing"We Wish You Merry Christmas."
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33 ADJOURNMENT
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35 On a motion duly made,seconded and passed and carried on a unanimous voice vote,the meeting was
36 adjourned.
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41 Howard "Jack"Elstro, Chairperson
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46 ATTEST:
47 Norma Schroeder,City Clerk
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