HomeMy Public PortalAbout03-06-1995 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 6.1995
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 6, 1995 in the Council Chambers
3 in said City. Chairperson Howard "Jack" Elstro presided with the following Councilmembers in attendance: Gene
4 Allen,Jane Brookbank, Bob Dickman, Mary Ellen Donat, Sally Hutton, Etta Lundy, Don McBride and Larry Parker.
5 The following business was had to-wit:
6
7 APPROVAL OF MINUTES OF FEBRUARY 21.1995
8
9 Councilmember McBride moved to approve the minutes but Councilmember Parker moved to amend Line 48
10 deleting the name of Councilmember Hutton. The motion to amend received a second by Hutton and was carried
11 on a unanimous voice vote. Councilmember seconded the motion to approve the amended minutes and the
12 motion was carried on a unanimous voice vote.
13
14 APPROVAL OF BILLS.INVESTMENTS AND TRANSFERS
15
16 Upon recommendation of the Finance Committee, Councilmember Donat moved to approve the following bills for
17 payment,seconded by Councilmember Hutton and by unanimous voice vote the motion carried.
18
19 Bills Already Paid
20 Payroll and Deductions 214,979.69
21
22 Investments Purchased From:
23 Cash Operating Fund 2,100,000.00
24 Bond Sinking Fund
25 Utility Band Reserve Fund
26 Depreciation Reserve Fund 91,000.00
27 28
Insurance Reserve Fund
Consumer Deposit Fund
29 Cash Reserve Fund 161,500.00
30 Group Insurance Fund
31 Total Investments 2,352,500.00
32
33 Transfer to City in Lieu of Taxes:
34
35 Transfer from Cash Operating Fund to:
36 Depreciation Reserve Fund
37 for Property and Plant 91,000.00
38 Cash Reserve Fund for Payment
39 to City in lieu of taxes 161,500.00
40
41 Transfers from Depreciation Reserve to:
42 Cash Operating Fund
43
44 Transfers from Consumer Deposit to:
45 Cash Operating Fund
46 Electronic Fund Transfer:
47 State/Local Payroll Tax
48
49 Transfers from Cash Operating :
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
58 ,,Interest and Bond Principal
59
60 End of Month Petty Cash
61 Revenue Bonds
62 Interest Coupons Redeemed
63 Bond Coupons
64 Miscellaneous Bills Already Paid 411,773.28
65 Total prepaid invoices 3,231,752.97
Total Bills Not Paid 487,632.09
Grand Total 4,719,385.06
RP&L Minutes Cont'd
March 6, 1995
Page 2
1 REMARKS BY CHAIRPERSON
2
3 Chairperson Elstro stated that possibly Pete Wickman will be available to talk to the Board on March 27th at the
4 service building at RP &L.
5
6 UNFINISHED BUSINESS
7
8 There was none.
9
10 STREET LIGHT REPORT
11
12 There was none.
13
14 REPORT BY GENERAL MANAGER
15
16 General Manager Irving Huffman asked for a motion to accept the proof of publication for the bids for the metal
17 clad switchgear in the downtown network system substation published in the Palladium-Item February 23 and
18 March 2. Councilmember McBride so moved,second by Councilmember Parker and the motion was carried on a
19 unanimous voice vote.
20
21 Bids opened by Huffman were from Wesco of Muncie for a base bid of$252,000;Wesco of Muncie for$246,752;
22 Pal Industries of Houston,Texas for$199,999 and an alternate of$207,760;CGI Systems of Paramount, Calif.for
23 $204,870; Brownstown Electrical Supply Inc.of Brownstown, Ind.for$212,412;Brownstown Electrical Supply for
24 $119,000;Electric Power Products of Des Moines, Iowa for$206,500;and Central Electric Co.of Fulton, Mo.for
25 $185,650. Huffman asked for a motion to give the bids to him for tabulation, evaluation and recommendation.
26 McBride so moved,second by Hutton and the motion was carried on a unanimous voice vote.
27
28 Huffman asked the Board to authorize him to receive bids March 20 to require two motor control units on Unit No.
29 1 at the Whitewater Valley outage. He noted that it is in the budget at a cost of$53,000. Councilmember McBride
30 so moved,second by Councilmember Hutton and the motion was carried on a unanimous voice vote.
31
32 In answer to a question posed by Councilmember Dickman about inspections to avoid any future explosions as
33 has happened recently downtown, Huffman said that with 600 conductors they had had only three failures and he
34 felt that was not an excessive amount. Councilmember Dickman said there are concerns and it is good to hear
35 what is going on.
36
37 Councilmember Dickman said two meetings ago he asked about the cost to go to the APPA meeting in Seattle,
38 Wash., noting that it looks like it will be$2,500. He moved that no Board member go to Seattle and that Huffman
39 select a different department head each year to accompany him.The motion was seconded by Councilmember
40 Brookbank. Councilmember Donat said she felt attending the conference was a learning experience.
41 Councilmember Dickman asked why Board members then could not attend every other year, stating that in past
42 years there had been no follow up meeting and no results to show the benefits of spending that much money. He
43 suggested that starting next year, everyone who wants to go should be allowed to go, but only every other year.
44 Councilmember Brookbank said nine years ago the Board had set the number at three members who could go,
45 then when the newly elected Councilmembers came into office it was changed.After discussion with input by
46 Councilmembers Donat, Hutton and Allen, Councilmember Dickman moved to limit attendance to three every
47 year, giving the opportunity to attend on a rotating basis and that the General Manager select a different
48 department head each year to accompany him, second by Councilmember Brookbank and the motion was carried
49 on a five to four voice vote.
50
51 Huffman commented that this subject seems to come up every four years,adding that RP& L is a$42 million
52 business and Councilmembers make up the Board of Directors and need to have as much information as
53 possible. He said there are things to be gained when talking with other Board members of utilities throughout the
54 country.
55
56 ADJOURNMENT
57
58 On a motion duly made,seconded and passed and carried on a unanimous voice vote,the meeting was
59 adjourned.
60
61
62
63
64 Howard"Jack"Elstro, Chairperson
65
ATTEST:
Norma Carnes, City Clerk