HomeMy Public PortalAbout09-05-1989 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, SEPTEMBER 5, 1989
1 The Common Council of the City of Richmond, Indiana,serving as a Board in charge of the operation of the
2 Richmond Power & Light Plant, met in regular session September 5, 1989 at the hour of 7:00 P.M. in the
3 Municipal Budding in said City. Chairman McBride presided with the following Councilmembers in attendance:
4 Elstro, Lundy, Brookbank, Hankinson, Parker, Hutton, Morris and Paust. Absent: None. The following
5 business was had to-wit:
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7 APPROVAL OF MINUTES OF AUGUST 21,1989
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9 Councilmember Hankinson moved to approve the minutes of the previous meeting as prepared,
10 seconded by Councilmember Paust and on unanimous voice vote the motion was carried.
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12 APPROVAL OF BILLS, INVESTMENTS AND TRANSFERS
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15 Bills Already Paid
16 Payroll and deductions 183,213.33
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19 Investments Purchased :
20 Cash Operating Fund 1,890,000.00
21 Bond Sinking Fund .00
22 Utility Bond Reserve Fund .00
23 Depreciation Reserve Fund .00
24 Consumer Deposit Fund .00
25 Cash Reserve Fund 275,000.00
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27 Total Investments 2,165,000.00
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29 Transfers from Depreciation Reserve to:
30 Cash Operating Fund 960,758.16.
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32 Transfers from Utility Bond Reserve Fund to;
33 Bond Sinking Fund .00
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35 Transfers from Cash Operating :
36 Bond Sinking Fund .00
37 Cash Reserve Fund 275,000.00
38 Utility Bond Sinking Fund .00
39 Depreciation Reserve Fund .00
40 Total Transfers
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43 Revenue Bonds - 787.50
44 Interest Coupons Redeemed .00
45 Coupons Purchased .00
46 Miscellaneous Bills Already Paid 897,703.80
47 Total Bills Not Paid 1,845,005.27
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49 Grand Total of All Approved Bills 6,327,468.05
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53 Upon recommendation of the Finance Committee, Councilmember Elstro moved to approve the investments
54 purchased,transfers made and bills to be paid,seconded by Councilmember Hankinson and on unanimous voice
55 vote the motion was carried.
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57 REMARKS BY CHAIRMAN
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59 None were presented.
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61 STREET LIGHT COMMITTEE REPORT
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63 Councilmember Hutton reported she had a request for a light at 16th and Reeveston Road and requested the
64 whole area from 16th to 18th on Reeveston Road be looked at for lighting.
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RP&L Minutes Cont'd
September 5, 1989.
Page 2
1 Mr. Huffman reminded the Board that RP&L does not initiate the requests for street lights, but reacts to petitions
2 filed by residents and presented by the Board.
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4 Councilmember Brookbank said there were not very many residents in that area, but it was very dark.
5
6 Councilmember Parker recommended that a petition be obtained first since some areas do not want street lights
7 and the Board needs to find out how all the residents of the area feel.
8
9 Councilmember Hutton said she would report on the matter at the next meeting.
10
11 REPORT BY GENERAL MANAGER
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13 Mr.Huffman introduced Mr. David Mogollon, a new reporter with the Palladium Item.
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15 Mr. Huffman presented the Board a list from the Public Service Commission showing RP&L at the bottom of the
16 list of rates from highest to lowest. Mr. Huffman said the utility had made some money this year,and they will be
17 very much on target for the next six months.
18
19 OPEN BIDS FOR ONE DUMP TRUCK
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21 Mr. Huffman presented the Board the Proof of Publication,which was in order. Councilmember Morris moved to
22 accept and file the Proof of Publication,seconded by Councilmember Parker and on unanimous voice vote the
23 motion was carried.
24
25 Mr.Huffman opened the following bids for one- 1 1/2 ton dump truck:
26
27 1. Tom Brookbank Chevrolet. The bid was on the proper form,signed, notarized and accompanied by
28 a 5%bid bond. The bid was for one truck at 27,777.36 with an allowance for a trade in of 4,500.00 for a total bid
29 price of 23,277.36. There was a ninety day delivery time and it was noted there were exceptions taken to the
30 specifications.
31
32 2. Fred First Ford, Incorporated. The bid was on the proper form,signed, notarized and accompanied
33 by a certified check in the amount of 1,400.00. The bid was for one truck at 25,300.87 with an allowance for a
34 trade in of 4,000.00 for a total bid price of 21,300.87. There was a 70 to 160 day delivery time and it was noted
35 there were exceptions taken to the specifications.
36
37 Having opened all bids, Councilmember Hankinson moved to refer the bids to the General Manager for
38 evaluation,tabulation and recommendation,seconded by Councilmember Parker and on unanimous voice vote
39 the motion was carried.
40
41 ADJOURNMENT
42
43 There being no further business,on a motion duly made,seconded and passed the meeting was
44 adjourned.
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50 Don McBride, Chairman
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55 ATTEST:
56 Mary Merchanthouse, City Clerk
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