HomeMy Public PortalAbout07-15-1985 •
PROCEEDINGS OF THE COMMON COUNCIL OF THE
CITY OF RICHM)ND, INDIANA, SERVING AS ABOARD
IN CHARGE OF THE OPERATION OF THE RICHMOND POWER
& LIGHT PLANT, JULY 15, 1985
1 The Common Council of the City of Richmond, Indiana, serving as a Board in charge
2 of the operation of the Richmond Power & Light Plant, met in regular session July
3 15, 1985 at the hour of 7:00 P.M. in the Municipal Building in said City.
i ' 4 Chairperson Morris presided with the following members present: Councilmemers
5 Elstro, Williams, Brookbank, Hankinson, Parker, Bodiker and Lemoine. Absent:
6 Whitesell. The following business was had to-wit:
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8
9 APPROVAL OF MINUTES OF JULY 1, 1985
10 •
11 Councilmember Hankinson moved to approve the minutes of the previous meeting as
12 prepared, seconded by Councilmember Brookbank and on unanimous voice vote the motion
13 was carried.
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15 APPROVAL OF Bn TS AND INVESTMENTS
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17 Councilmember_ Lemoine announced the Finance Committee had inspected the bills already
18 paid and investments made and found them to be in order. Councilmember Brookbank
19 moved to approve the following bills already paid and investments made, seconded by
20 Councilmember Bodiker and on unanimous voice vote the motion was carried.
21
22 Bills Already Paid
23 Payroll and Deductions 6/28/85 . 159,426.30
24
25 Investments Purchased from:
26 Depreciation Reserve Fund 202,787.00
27 Cash Operating Fund 885,000.00
28 Utility Bond Sinking Fund 179,311.46
29 Cash Reserve Fund 348,611.54
30 Total Investments 1,615,710.00
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32 Bond Principal & Interest Payment 100,897.50
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34 Miscellaneous Bills Already Paid 141,079.76 .
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36 Total Bills Already Paid 2,017,113.78
37 •
38 Councilmember Lemoine moved to approve unpaid bills in the amount of 104,463.22
39 for payment, seconded by Councilmember Brookbank and on unanimous voice vote the
40 . motion was carried.
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42 Total of all approved bills was 2,121,576.78.
43
44 REMARKS BY CHAIRPERSON
45 •
46 Chairperson Morris reminded the Board of the regular mccting of the Executive Board
47 at the Service Building on July 22, 1985 at 7:00 P.M. Agenda items should be to
48 Chairperson Morris or General Manager Huffman by July 17, 1985.
49
50 REPORT BY GENERAL MANAGER
51
52 General Manager Huffman stated he had no report this evening, but was open for
53 questions from the Board.
54
55 Chairperson Morris commented on the written quotations the Board had received on the
56 Cost of Service Study. Mr. Huffman stated that he had a question with the written
57 quote received from Stone and Webster since the telephone quote received added 15,000.00
58 for the Public Service Commission testimony, but the written quote indicates that
59 would be included in the basic quote. Mr. Huffman stated the Gimble quote would
60 still be considerable lower and he would get back to Stone and Webster to verify the
61 quotes.
62
63 Chairperson Morris stated that in the written quote received, Mr. Gimble didn't
64 indicate that the $39,000.00 was the ceiling to be charged for the study.
65
RP&L Minutes Cont'd
July 15, 1985
Page 2
1 Mr. Huffman stated these quotes were not a ceiling, but a guestimate on what the
2 project could run.
3
4 Chairperson Morris stated she had specifically asked Mr. Huffman at the prior
5 meeting if the figures being quoted were ceiling figures and Mr. Huffman had •
6 stated that they were ceiling figures and that was what he had requested.
7
8 Mr. Huffman said if he had made that statement he apologized, but these fines were
9 unable to quote ceiling figures.
10
11 Councilmember Williams commented on the Editorial Opinion of the Palladium Item of
12 June 3, 1985 on the Cost of Service Study and stated he felt the Board voted for
13 the firm of Donald Gimble & Associates since it guaranteed the study would be
14 acceptable before the Public Service Commission.
15
16 CounciLmember Brookbank stated the only reason she voted in favor of Donald Gimble
17 & Associates was the price variances of the quotes presented.
18
19 ATGOURNMENT
20
21 There being no further business, on a. motion duly made, seconded and passed, the
22 meeting was adjourned.
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25 Lynn Nepote Mo r` is, Chai rson
26 .
27
28 ATTEST: ,tet-71
29 Mary Me ch ouse, City Clerk
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