HomeMy Public PortalAbout06-19-1989 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. JUNE 19. 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 June 19, 1989 at the hour of 7:00 P.M. in the Municipal
3 Building in said City. Chairman McBride presided with the following Councilmembers in attendance: Elstro,
4 Lundy, Brookbank, Hankinson, Parker, Hutton, Morris and Paust. Absent: None. The following business was
5 had to-wit:
6
7 APPROVAL OF MINUTES OF MAY 15,1989
8
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.
11
12 APPROVAL OF BILLS:, INVESTMENTS AND TRANSFERS
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15 Bills Already Paid
16 Payroll and deductions 367,145.84
17 -
18
19 Investments Purchased :
20 Cash Operating Fund 5,030,000.00
21 Bond Sinking Fund .00
22 Utility Bond Reserve Fund .00
23 Depreciation Reserve Fund 932,919.81
24 Consumer Deposit Fund .00
25 Cash Reserve Fund 590,352.21
26
27 Total Investments 6,553,272.02
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29 Transfers from Depreciation Reserve;_
30 Cash Operating Fund 2,810,554.79
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32 Transfers from Cash Operating
33 Bond Sinking Fund .00
34 Cash Reserve Fund .00
35 Utility Bond Sinking Fund .00
36 Depreciation Reserve Fund ,QQ
37
38 Total Transfers 2,810,554.79
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41 Revenue Bonds .00
42 Interest Coupons Redeemed .00
43 Coupons Purchased .00
44 Miscellaneous Bills Already Paid 929,421.92
45 Total Bills Not Paid 2,539,542.14
46
47 Grand Total of All Approved Bills 13,199,936.71
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51 Upon recommendation of the Finance Committee, Councilmember Elstro moved to approve the investments
52 purchased,transfers Trade and bills to be paid,seconded by Councilmember Hankinson and on unanimous voice
53 vote the motion was carried.
54
55 REMARKS BY CHAIRMAN
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57 Chairman McBride asked about the chimney and Mr. Huffman said it was at the 325 ft. level and they wfll be
58 putting in liners at the 100 ft. level and the 325 ft. level. He said it was coming along very well.
59
60 Chairman McBride asked about any affect President Bush's approach to clean air might have on RP&L and Mr.
61 Huffman said he has not seen all of the proposal, but he does have some questions about the fact that 1980
62 figures were to be used as the allowed to burn figure. He said there was a meeting scheduled next month with a
63 company to dascuss reduction of additional S02. Mr. Huffman said this will put RP&L ahead of the game.
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RP&L Minutes Cont'd
June 19, 1989
Page 2
1 STREET LIGHT COMMITTEE REPORT
2
3 Mr. Huffman commented on the street lights in the down town area and the importance of the aesthetic value. He
4 said the existing lights have been there fifteen years and their appearance has lessened and they are now
5 investigating how to upgrade the lights and make them more compatible with a good downtown view. Mr.
6 Huffman told the Board of a new ballast installation that is easier to service and more economical with good
7 aesthetic value. Mr. Huffman said one is being tried at 9th and Main and he will arrange to get the Street Light
8 Committee together to discuss it with them.
9
10 UNFINISHED BUSINESS
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12 Chairman McBride asked about a request from United Way to put flags on light poles and he would bring it up at
13 the meeting at the Service Building.
14
15 Mr. Huffman said he prefers someone else to put the flags on the poles and not utilize RP&L equipment and Mr.
16 McBride said he felt they just wanted their blessing.
17
18 REPORT BY GENERAL MANAGER
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20 Mr.Huffman,General Manager,spoke of the APPA Conference and thanked those members of the Board that
21 were in attendance. He said all sessions were good and it was well attended with over 2,400 persons in
22 attendance.
23
24 Mr. Huffman shared the award presented to RP&L at the conference,the EF Scattergood Award and told the
25 Board this is the only award given to a utility system at the APPA Conference. Mr. Huffman stated that the Board
26 has helped with goals to achieve this type of system and the Board allows the system to run as it needs.
27
28 Chairman McBride extended his congratulations.
29
30 NEW BUSINESS
31
32 Councilmember Lundy asked about the pole on North I Street that keeps getting bumped and is leaning. She said
33 there needs to be a retainer around it to protect the pole.
34
35 Mr. Huffman said he would investigate the matter.
36
37 ADJOURNMENT
38
39 There being no further business, on a motion duly made, seconded and passed the meeting was
40 adjourned.
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46 Don McBride, Chairman
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51 ATTEST:
52 Mary Merchanthouse, City Clerk
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