HomeMy Public PortalAbout02-06-1995 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.FEBRUARY 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, February 6, 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, Sally Hutton, Don
5 McBride and Larry Parker.Absent was Etta Lundy. The following business was had to-wit:
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7 APPROVAL OF MINUTES OF JANUARY 17.1995
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9 Councilmember Hutton moved to approve the minutes of the previous meeting as prepared, seconded by
10 Councilmember Alien and on a unanimous voice vote the motion was carried.
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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 McBride and by unanimous voice vote the motion carried.
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17 Bills Already Paid
18 Payroll and Deductions 443,302.87
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21 Investments Purchased From:
22 Cash Operating Fund 2,950,000.00
23 Bond Sinking Fund
24 Utility Bond Reserve Fund
25 Depreciation Reserve Fund
26 Insurance.Reserve Fund
27 Consumer Deposit Fund
28 Cash Reserve Fund
29 Group Insurance Fund
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31 Total Investments 2,950,000.00
32
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34 Transfer to City in Lieu of Taxes:
35
36 Transfer from Cash Operating Fund to;
37 Consumer Deposit Fund
38 for partial payments
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40 Transfers from Depreciation Reserve to:
41 Cash Operating Fund
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43 Transfers from Consumer Deposit to:
44 Cash Operating Fund
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46 Transfers from Utility Bond Reserve Fund to;
47 Bond Sinking Fund
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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 56
Insurance Reserve Fund
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 1,264,731.45
65 Total prepaid invoices 4,658,034.32
Total Bills Not Paid 813,089.80
Grand Total 5,471,124.12
RP&L Minutes Cont'd
February 6, 1995
Page 2
1 REMARKS BY CHAIRPERSON
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3 None were made.
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5 UNFINISHED BUSINESS
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7 STREET LIGHT COMMITTEE REPORT
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9 MISCELLANEOUS BUSINESS
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11. There was none.
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13 REPORT BY GENERAL MANAGER
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15 In the absence of General Manager Irving Huffman, Herschel Philpot,finance manager for RP&L,opened the
16 bids for the 1995 four-door,four-wheel drive utility truck. Prior to the opening of the bids, he presented a
17 publisher's affidavit from the Palladium-Item and asked for a motion to accept the proof of publication.
18 Councilmember McBride so moved,second by Councilmember Hutton and the motion was carried on a
19 unanimous voice vote.
20
21 Philpot said two bids had been received.The first one from Brookbank Auto Center was for an S Blazer at a cost
22 of$22,994, less$1,200 trade in for the 1984 van, leaving a total bid of$21,794.The other bid,from Fred First
23 Ford,was for$22,690, less the trade in of$1,250, leaving a net cost of$21,440.15. Councilmember McBride
24 moved to refer the bids to the General Manager for tabulation, evaluation and recommendation,second by
25 Councilmember Parker and the motion was carried on a unanimous voice vote.
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27 Philpot said he had distributed information on the 1995 APPA conference to be held in Seattle June 23 through
28 28, adding that Susan Williams would like to know intentions of Councilmembers by February 21. Councilmember
29 Dickman asked about getting numbers on the cost for each person. Philpot said the largest cost would be the air
30 fare and Chairperson Elstro said they needed a ball park figure to go by.Councilmember Allen asked if it was
31 going to be the practice that anyone who wanted to go could do so and Chairperson Elstro responded that he felt
32 the conferences were well worth the time and it was okay with him for everyone to go. Councilmember Allen
33 questioned as to whether it was worth the expenditure every year for the entire Board to go. Chairperson Elstro
34 said it was a point that could be debated but he still felt it was well worth the time.
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36 Councilmember Donat reported on the two-day visit with the legislators she and Chairperson Elstro had, along
37 with Huffman, last week in Washington, D.C. She said they were accompanied by nine mayors,one city clerk and
38 Raj from IMPA,making a total of 14 in the group. She said the group made an impression on the legislators who
39 listened and responded favorably. She said the four issues discussed were the Clean Air Act,expansions
40 (annexations), Public Utility Holding Company Act and tax exempt bonds.
41
42 ADJOURNMENT
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44 There being no further business,on a motion duly made,seconded and passed the meeting was
45. adjourned.
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51 Howard"Jack"Elstro, Chairperson
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56 ATTEST:
57 Norma Carnes, City Clerk
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