HomeMy Public PortalAbout04-03-1989 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. APRIL 3, 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 April 3, 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 MARCH 20.1989
8
9 Councilmember Hankinson moved to approve the minutes of the previous meeting as prepared,
10 seconded by Councilmember Morris and on unanimous voice vote the motion was carried.
11
12 APPROVAL OF BILLS, INVESTMENTS AND TRANSFERS
13
14
15 Bills Already Paid
16 Payroll and deductions
17
18
19 Investments Purchased :
20 Cash Operating Fund 1,920,000.00
21 Bond Sinking Fund .00
22 Utility Bond Reserve Fund .00
23 Depreciation Reserve Fund 113,234.00
24 Consumer Deposit Fund .00
25 Cash Reserve Fund 137.500.00
26
27 Total Investments 2,170,734.00
28
29 Transfers from Depreciation Reserve:
30 Cash Reserve Fund 408,000.00
31
32 Transfers from Cash Operating
33 Bond Sinking Fund .00
34 Cash Reserve Fund 137,510.00
35 Utility Bond Sinking Fund .00
36 Depreciation Reserve Fund QQ t
37
38 Total Transfers 137,510.00
39
40
41 Revenue Bonds 525.00
42 Interest Coupons Redeemed .00
43 Coupons Purchased .00
44 Miscellaneous Bills Already Paid 509,998.82
45 Total Bills Not Paid 1,526,053.29
46
47 Grand Total of All Approved Bills 4,752,811.11
48
49
50
51 Upon recommendation of the Finance Committee, Councilmember Elstro moved to approve the investments
52 purchased,transfers made and bills to be paid,seconded by Councilmember Hankinson and on unanimous voice
53 vote the motion was carried.
54
55 REMARKS BY CHAIRMAN
56
57 Chairman McBride asked about the construction of the stack and Mr. Huffman said it was up about 20 ft. and
58 another section may have been poured today. He said they should be able to construct 30 ft. per week and
59 hopefully 50 ft. Mr. Huffman said it was a very interesting project and there are very few construction firms in the
60 country with the skills to do the stack. Mr. Huffman added that the rate payers need to know they are paying for
61 the stack and with a cost of 3,000,000.00 they will loose 300,000.00 in interest revenue annually.
62
63 Councilmember Elstro asked when the stack would be completed and Mr. Huffman said by September or October
64 and they will do all change over for the dampers, etc. during the fall outage.
65
RP&L Minutes Cont'd
April 3, 1989
Page 2
1 STREET LIGHT COMMITTEE REPORT
2
3 Councilmember Hutton stated she had investigated the request of Councilmember Paust for lights on Commerce
4 Drive and she will forward a request to the Board of Public Works and Safety.
5
6 UNFINISHED BUSINESS
7
8 None.
9
10 REPORT BY GENERAL MANAGER
11
12 Award Bids for Three Vehicles
13
14 Vehicle I
15
16 Mr.Huffman reported to the Board that the bid of Fred First Ford, Inc.of Richmond that had been questioned for
17 proper form was indeed submitted on proper form, being a new 95 form approved by the State.
18
19 Mr.Huffman recommended on the award for one 1989 three or four door sedan that the bid be awarded to Jay
20 County Motors of Portland, In for a 1989 Dodge Omni at a net price of 6,700. He said Jay County Motors did not
21 meet all specifications since they bid cloth seats rather that the plastic seats in the specifications, but with the
22 difference in price being so great, 990.00 lower than the nearest vendor, they decided to go with the cloth seats.
23
24 Councilmember Hankinson moved to award the bid for one 1989 Dodge Omni to Jay County Motors, Inc. of
25 Portland, Indiana at a net price of 6,700. as the lowest bidder,seconded by Councilmember Hutton and on a
26 voice vote with Councilmember Brookbank abstaining the motion was carried.
27
28 Vehicle II
29
30 Mr. Huffman recommended the bid for one 1989 three or four door sedan be awarded to Jay County Motors, Inc.
31 for a net price of 6,400.00 and to allow the exception of cloth seats rather than plastic seats. Mr. Huffman pointed
32 out that the next nearest vendor was 1,240. higher in price.
33
34 Councilmember Hankinson moved to award the bid for one 1989 Dodge Omni to Jay County Motors at a net bid
35 of 6,400.as the lowest bidder,seconded by Councilmember Parker and on a voice vote with Councilmember
36 Brookbank abstaining the motion was carried.
37
38 Vehicle III
39
40 Mr. Huffman recommended that the bid for one 1989 1/2 ton pick up truck be awarded to Tom Brookbank
41 Chevrolet at a net price of 10,423 being the lowest bidder. It was noted that Tom Brookbank Chevrolet took
42 exception to the class of springs set out in the specifications and the lower weight was acceptable.
43
44 Councilmember Hankinson moved to award the bid for one 1989 1/2 ton Chevy Pick Up Truck to Tom Brookbank
45 Chevrolet, seconded by Councilmember Hutton and on a voice vote with Councilmember Brookbank abstaining
46 the motion was carried.
47
48 Councilmember Parker noted that he had no problem with Councilmember Brookbank abstaining on votes that
49 were a possible conflict of interest, but that the Board needed to give approval for her to abstain. He suggested
50 that the Board make a formal motion to allow Councilmember Brookbank to abstain from voting in all cases of
51 interest conflict for the remainder of 1989 and so moved. The motion was seconded by Councilmember Morris
52 and was carried on unanimous voice vote.
53
54 MISCELLANEOUS BUSINESS
55
56 Mr. Huffman commented that Richmond Power& Light was a weather related business and they did have the
57 weather radar signal coming into the community. He said the radar showed some very severe weather north of
58 Evansville and possibly it would move to the south of Richmond, but they would keep their crews prepared.
59
60 ADJOURNMENT
61
62 There being no further business,on a motion duly made,seconded and passed the meeting was
63 adjourned.
64
65
Don McBride, Chairman
ATTEST:
Mary Merchanthouse, City Clerk