HomeMy Public PortalAbout08-19-1985 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, AUGUST 19, 1985
1 The Common Council of the City of Richmond, Indiana, serving as a Board in charge
2 ofthe operation of the Richmond Power & Light Plant, met in regular session August
3 19, 1985 at the hour of 7:00 P.M. in the Municipal Building in said City.
III 4 Chairperson Morris presided with the following members present: Councilmembers
5 Elstro, Brookbank, Hankinson, Whitesell, Parker, Bodiker and Lemoine. Absent:
6 None. The following business was had to-wit:
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8 APPROVAL OF MINUTES OF AUGUST 5, 1985
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10 Councilmember Parker moved to approve the minutes of the previous meeting as
11 prepared, seconded by Councilmember Whitesell and on unanimous voice vote the
12 motion was carried.
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14 APPROVAL OF BTT 1 S AND INVESTMENTS
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16 Councilmember Whitesell stated the Finance Committee had inspected the bills already
17 paid and investments made and moved to approve them as follows, seconded by
18 Councilmember Brookbank and on unanimous voice vote the motion was carried.
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20 Bills Already Paid:
21 - Payroll and Deductions 8/9/85 154,886.52
22
23 Investments Purchased from: .
24 Depreciation Reserve Fund 8,730,867.87
25 Utility Bond Reserve Fund 596,801.39
26 Cash Operating Fund 500,000.00
27 Cash Reserve Fund 261,028.20
28 ' Utility Bond Sinking Fund 70,688.54
III29 Total Investments 10,159,386.00
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31 Interest Coupons & Bonds Redeemed 2,187.50
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33 Miscellaneous Bills Aready Paid 75,704.19
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35 Total Bills Already Paid 10,392,164.21
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37 Councilmember Whitesell stated the Finance Committee had inspected unpaid bills
38 in the amount of 375,143.48 and moved they be approved for payment, seconded
39 by.Councilmember Brookbank and on unanimous voice vote the motion was carried.
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41 Grand total of all approved bills was 10,767,307.69.
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43 REMARKS BY CHAIRPERSON
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45 Chairperson Morris stated the meeting of the Executive Board scheduled for August
46 26, 1985 was in conflict with the meeting to pass the 1986 operating budget of
47 the City. She asked if there were issues pressing that would warrant the meeting
48 being held.
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50 Councilmember Lemoine stated she had requested a review of the project on informing
51 business and industry. Mr. Huffman stated he had prepared that information for
52 the next meeting. •
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54 Chairperson Morris set the August 26, 1985 meeting of the Board of Directors of
55 Richmond Power & Light for immediately following the budget meeting in the Council
56 Chambers. Agenda items should be in by August 21, 1985.
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58 REPORT BY THE GENERAL MANAGER
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60 Alley Lighting
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62 Mr. Huffman informed the Board the he would like to remove some unnecessary lights
63 located in alleys in order to save on the City's street light billing. He said
64 most of these were in the downtown area and were not needed. Mr. Huffman suggested
65 that if the Board would rather not remove the lights that they could turn them
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RP&L Minutes Cont'd
August 19, 1985
Page 2
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1 off for a period of time and see if they are missed.
2
3 Councilmember Elstro stated he has checked some of the lights.
4
5 Chairperson Morris asked if Councilmember Elstro and his Street Light Committee
6 would investigate the lights and report back to the Board in order that they can
7 make a recommendation:
8
9 General Manager Huffman stated told the Board he would like to enumerate sane
10 of the ways RP&L assists the community besides electric rates. He stated they
11 assist in'firefighter txa.ining • with electrical fires and that they have received
12 a National Award with their energy education program for school students. Mr.
13 Huffman stated the program with the schools have encouraged persons to became
14 employees of RP&L.
15
16 Chairperson Morris commended Ms. Wample for her work with the school program and
17 the award.
18
19 Mr. Huffman commented on the article in the Palladium Item regarding rate schedules
20 and that the figures for RP&L should be 53.20 instead of 55.20. Mr. Huffman stated
21 that even with the error RP&L had placed 88 out of 106 utilities and he feels
22 this is a very excellent rating.
23
24 Chairperson Morris asked Mr. Huffman whose responsibility it was to trim folage
25 around the poles and Mr. Huffman stated RP&L does not maintain the ground.
26 Chairperson Morris stated there were a couple of locations which blocked the view
27 at intersections and Mr. Huffman said they would take a look at these areas.
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29 NEW BUSINESS
30
31 Councilmember Hankinson moved to authorize the General Manager to prepare the
32 proper documents to transfer 1.37,500.00 from the cash reserve fund of RP&L to
33 supplement the funding of the Econonic Development Office for • eleven (11) months
34 of 1986.
35
36 Mr. Huffman stated this would have to be declared excess funds by the Board and
37 transferred to the General Fund of the city and then transferred from the General
38 Fund to the Economic Development Director.
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40 Councilmember Bodiker asked if it would be more timely to increase the in lieu
41 of tax payment by the 137,500.00.
42
43 Chairperson Morris stated the in lieu of taxes was set by formula.
44
45 Councilmember Lemoine seconded Councilmember Hankinson's motion.
46
47 Councilmember Whitesell commented on the philosophy behind temporarily funding
48 the DepaiLment of Econanic Development with RP&L funds and the problem this
49 creates on the city budget. He asked if there was a way to leave in the city
50 budget the 150,000.00 so it is not viewed as being funded only when RP&L has excess
51 funds.
52
53 Councilmember Elstro stated that someday RP&L might not have the funds and he
54 is willing to go along with the transfer of funds now because the city is over
55 budget.
56
57 Councilmember Hankinson stated his motion was not to make it permanent, but year
58 to year.
59
60 City Controller Cathy Maness informed the Board that RP&L can transfer the funds,
61 but she cannot appropriate the funds until 1986.
62
63 Chairperson Morris commented that funding Econanic Development is a logical function
64 of Richmond Power & Light and she feels it would be helpful. if the Board could
65 make this decision prior to the preparation of the city's budget in the future.
RP&L Minutes Cont'd
August 19, 1985
Page 3
1 The motion to transfer 137,500.00 from Cash Reserve of RP&L to the General Fund
2 of the City for the purpose of funding Economic Development was passed on the .
3 following call of the roll:
4
5 Ayes: Elstro, Williams, Brookbank, Hankinson, Whitesell, Parker, Lemoine, and
6 Morris (8)
7 Nays: Bodiker (1)
8
9 Councilmember Lemoine informed the Board that Mr. Herschel. Philpott,an employee
10 of Richmond Power & Light had recently passed his examination for his CPA with
11 flying colors.
12
13 A letter will be sent to Mr. Philpott to express the Board's congratulations.
14
15 AEOCURNMENT
16
17 There being no further business, on a motion duly made, seconded and passed the
18 meeting was adjourned.
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22 Lynn Nepote Morris, Chairperson
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25
26 ATTEST:
27 Mary Merchanthouse, City Clerk
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