HomeMy Public PortalAbout03-20-1995 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, MARCH 20,1995
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, March 20, 1995, in the Council
3 Chambers in the Muncipal Building in said City. Chairperson Howard "Jack" Elstro presided with the following
4 Councilmembers in attendance: Gene Allen, Jane Brookbank, Bob Dickman, Mary Ellen Donat, Sarah "Sally"
5 Hutton, Etta Lundy, Don McBride and Larry Parker. The following business was had to-wit:
6
7 APPROVAL OF MINUTES OF MARCH 6,1995
8
9 Councilmember Donat moved to approve the minutes of March 6, 1995,second by Councilmember Hutton and on
10 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 Donat moved to approve the following bills for
15 payment,seconded by Councilmember Hutton and by unanimous voice vote the motion carried.
16
17 Bills Already Paid
18 Payroll and Deductions 223,913.25
19
20 Investments Purchased From:
21 Cash Operating Fund 1,650,000.00
22 Bond Sinking Fund
23 Utility Bond Reserve Fund
24 Depreciation Reserve Fund
25 Insurance Reserve Fund
26 Consumer Deposit Fund
27 28
Cash Reserve Fund
Group Insurance Fund
29
30 Total Investments 1,650,000.00
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 for
39 Property and 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 Depreciation Reserve Fund
56 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 114,971.87
Total prepaid invoices 1,988,885.12
Total Bills Not Paid 840,611.76
Grand Total 2,829,496.88
RP&L Minutes Cont'd
March 20, 1995
Page 2
1 REMARKS BY CHAIRPERSON
2
3 Chairperson Elstro stated there would be no meeting March 27 at RP & L, but perhaps Pete Wickman would be
4 available and that business could be conducted as a part of the April 17 meeting of the RP&L Board.
5
6 UNFINISHED BUSINESS -
7
8 There was none.
9
10 STREET LIGHT COMMITTEE REPORT
11 •
12 Councilmember Allen said she had a proposal from David Stephens of RP &L about installing new lighting in Oak
13 Park on University Boulevard. She said she had reviewed it and written to the Board of Works and given it to that
14 body for a decision.
15
16 MISCELLANEOUS BUSINESS
17
18 There was none.
19
20 REPORT BY GENERAL MANAGER
21
22 General Manager Irving Huffman said the bids received at the last meeting for the metal clad switchgear are still
23 under review and will be awarded at the April 3 meeting. He stated he had received two bids for the furnishing and
24 installng electrical equipment and cables in Unit No. 1 motor control center in the Whitewater Valley station. He
25 asked for a motion to accept the proof of publication for proper advertisement of the bids which ran March 9 and
26 March 16 in the Palladium-Item newspaper. Councilmember Hutton so moved,second by Councilmember Parker
27 and the motion was carried on a unanimous voice vote.
28
29 Huffman read the first bid from Cummins Electric Inc.of Richmond which was for$123,750 for material and labor.
30 The second was from Wagner Smith of Dayton,Ohio for$60,786. Huffman asked that the bids be referred to him
31 for tabulation,evaluation and recommendation. Councilmember Brookbank so moved,second by Councilmember
32 Hutton and the motion was carried on a unanimous voice vote.
33
34 Councilmember McBride asked Huffman to explain a letter all the Councilmembers had received from Damita
35 Armstead. Huffman said he did not have a copy and would like to have a chance to review it before commenting
36 on it. Councilmember McBride said he could explain it at the next Council meeting. Councilmember Lundy said
37 she was aware of the situation.
38
39 Councilmember McBride asked Huffman about the lawsuit on the accident Huffman was involved in and he
40 answered that it was still pending.
41
42 Huffman invited questions from anyone, noting that he was concerned about some of the articles and even some
43 of the editorials which had appeared in the Palladium-Item. He said he would like the opportunity in those cases to
44 get the RP& L viewpoint across. He said he would like for any customer or political candidate to call and get the
45 facts straight from RP &L.
46
47 ADJOURNMENT
48
49 There being no further business,on a motion duly made,seconded and passed the meeting was
50 adjourned.
51
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53
54
55
56
57 Howard"Jack"Elstro, Chairperson
58
59
60
61
62
63 ATTEST:
64 Norma Carnes, City Clerk
65