HomeMy Public PortalAbout03-06-1989 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, MARCH 6. 198
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 March 6, 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: Lundy,
4 Brookbank, Hankinson, Parker, Hutton, Morris and Paust. Absent: Elstro. The following business was had
5 to-wit:
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7 APPROVAL OF MINUTES OF FEBRUARY 22. 1989
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9 Councilmember Brookbank 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 February 17,1989 175,848.84
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19 Investments Purchased :
20 Cash Operating Fund 1,140,000.00
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 137.500.00
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27 Total Investments 1,277,500.00
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29 30
Transfers from Cash Operating ;
Bond Sinking Fund .00
31 Cash Reserve Fund 137,500.00
32 Utility Bond Sinking Fund .00
33 Depreciation Reserve Fund .00
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35 Total Transfers 137,500.00
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38 Revenue Bonds .00
39 Interest Coupons Redeemed 393.75
40 Coupons Purchased .00
41 Miscellaneous Bills Already Paid 1,053,605.63
42 Total Blls Not Paid 1.254.593.95
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44 Grand Total of All Approved Bills 3,899,442.17
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47 Upon recommendation of the Finance Committee, Councilmember Paust moved to approve the investments
48 purchased,transfers made and bills to be paid,seconded by Councilmember Hankinson and on unanimous voice
49 vote the motion was carried.
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51 REMARKS BY CHAIRMAN
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53 None.
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55 STREET LIGHT COMMITTEE REPORT
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57 None
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59 UNFINISHED BUSINESS
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61 None.
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63 REPORT BY GENERAL MANAGER
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65 Mr. Irving Huffman,General Manager, requested the Board to set March 20, 1989 to receive bids for three
RP&L Minutes Cont'd
March 6, 1989
Page 2
1 vehicles. Mr. Huffman explained that the vehicles needing replaced were a 1982 Chevrolet with over 90,000
2 miles, a 1981 Ford with over 80,000 miles and a 1979 Ford with the body in a bad state of repair. He said they
3 would be replacing the vehicles with the same type of compact cars and would use the old vehicles for trade in.
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5 Councilmember Hankinson moved to authorize the General Manager to receive bids for three vehicles.
6
7 Councilmember Hutton asked if the vehicles were in the capital budget and Mr.Huffman said they were included in
8 the budget.
9
10 Chairman McBride asked if they could be purchased locally and Mr. Huffman explained they would be bidding the
11 vehicles,but will be handling the process in a two week period which might be beneficial to local vendors.
12
13 Councilmember Brookbank seconded the motion to authorize the General Manager to receive bids for three
14 vehicles and the motion was carried on unanimous voice vote.
15
16 Mr. Huffman informed the Board that the flickers in electric service last evening during the storm was on the l&M
17 system and to break a fault service must be momentarily interrupted.
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19 ADJOURNMENT
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21 There being no further business,on a motion duly made,seconded and passed the meeting was
22 adjourned.
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30 Don McBride, Chairman
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36 ATTEST:
37 Mary Merchanthouse, City Clerk
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