HomeMy Public PortalAbout05-06-1985 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, L MAY 6 , 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 May
3 6, 1985 at 7:00 P.M. in the Municipal Building in said City. Councilperson
4 Whitesell chaired the meeting in the absence of Chairperson Morris and Vice
5 Chairperson Brookbank. The following members were present: Councilmenbers Elstro,
6 Hankinson, Parker, Bodiker and Lemoine. Absent: Morris, Brookbank and Williams.
7 The following business was had to wit:
8
9 APPROVAL OF MINUTES OF APRIL 15, 1985
10
11 Councilmember Hankinson moved to approve the minutes of the previous meeting as
12 prepared, seconded by Councilmember Parker and on unanimous voice vote the motion
13 was carried. •
14
15 APPROVAL OF BTTTS, TRANSFERS AND INVESTMENTS
16
17 Councilmember Lemoine reported the Finance Committee had gone over the bills already
18 paid, transfers and investments and had found them in proper order. Councilmember
19 Hankinson moved to approve the following, seconded by Councilmember Bodiker and one;
20 unanimous voice vote the motion was carried.
21
22 Bills Already Paid:
23 Payroll and Deductions 4/19/85 153,004.43
24
25 Transfers from CashOperatinq Fund to:
26 Utility BOnd Sinking Fund 70,688.54
27 Depreciation Reserve Fund 91,000.00
28 Cash Reserve Fund 132,130.00
111 29 Total Transfers 293,818.54
30
31 Investments Purchased from:
32 Cash Operating Fund 2,171,569.92
33 Cash Reserve Fund 460,066.88
34 Consumer Deposit Fund 75,000.00
35 Depreciation Reserve Fund 539,957.20
36 Utility Bond Reserve Fund 1,200,470.00
37 Utility Bodn Sinking Fund 132,130.00
38 Total Investments 4,579,194.00
39
40 Payment of Bond Principal & Interest 775.00
41
42 Miscellaneous Bills Already Paid 830,143,70
43
44 Total Bills Already Paid 5,856,935.67
• 45 •
46 Councilmember Lemoine reported the Finance Committee had found bills in the
47 amount of 898,641.50 in order and recommended approval for payment. Councilmember
48 Bodiker moved to pay the unpaid bills in the amount of 898,641.50, seconded by
49 Councilmember Hankinson and on unanimous voice vote the motion was carried.
50
51 Grand total of all approved bills is 6,755,577.17.
52
53 Councilmember Lemoine reminded the Board that the printouts needed their signature
III54 on the approval of bills.
55
56 REMARKS BY CHAIRMAN
57
58 Acting Chairman Whitesell stated that the next regular meeting of the Executive Baord '
59 fall on the Memorial Day Holiday and he suggested the meeting be changed to May 29,
60 1985 at 7:00 P.M. at the Service Building, subject to approval of Chairperson Morris.
61
62 STREET LIGHT COMMITTEE REPORT
63
64 Councilmember Elstro reported a street light request on South 32nd Street would be
65 presented to the Board of Works for approval.
RP&L Minutes Cont'd
May 6, 1985
Page 2
1. REPORT BY GENERAL MANAGER
2
3 Bid Award for one (1) 1985 Pick-up Truck and one (1) 1985 Van
4
5 In the absence of General Manager Huffman, Delmer Cox told the Board that the bid
6 price of Studebaker Buick for 7,903.31 was the lowest bid for the 1985 Pick-up
7 truck and recommended the Board accept this bid. Councilmember Bodiker asked if
8 the longer delivery time was a problem and Mr. Cox replied it was not.
9
10 Councilmember Hankinson moved to award the bid for the 1985 Pick-up Truck to
11 Studebaker Buick at a bid price of 7,903.31, seconded by Councilmenber Elstro and
12 on unanimous voice vote-the motion was carried.
13
14 Mr. Cox told the Board that he recommends accepting the bid of Studebaker Buick for
15 the 1985 Van. Bid price of 10,992.77 less allowance of 500.00 for a total price
16 of 10,492.77 was the lowest bid.
17
18 Councilmember Hankinson asked Mr. Cox if other city departments had been offered
19 the truck used for trade in on the van. Mr. Cox was not certain.
20
21 Councilmember Bodiker moved to award the bid for one (1) 1985 van to Studebaker
22 Buick at a price of 10,492.77, seconded by Councilmenber Lemoine and on unanimous
23 voice vote the motion was carried.
24
25 NEW BUSINESS
26
27 Audit Progress
28
29 Councilmember Bodiker asked abount the progress of the audit being conducted by the
30 State Board of Accounts. Mr. Cox indicated they were still at Richmond
31 Power & Light and the audit would take a total of six (6) weeks.
32
33 Substation Progress
34
35 Councilmember Whitesell asked about the progress of the substation 'being
36 constructed on North J Street. Mr. Cox replied that the building was under roof.
37
38 Comparative Costs on Projects
39
40 Councilmember Lemoine asked Mr. Cox if the report had been completed on comparing
41 savings from projects to justify the financing of the resurfacing of the driveway.
42 Mr. Cox stated he was not aware this report had been requested, but that he would
43 work on it for the Board.
44
45 Request to Make Presentation at RP&L Meeting
46
47 Mr. Stanley Vigran requested the Board to allow time at their tentatively scheduled
48 meeting on May 29, 1985 for a group of concerned citizens to ask questions.
49 Mr. Vigran stated that Richmond Power & Light was a valuable asset to the City.
50 Mr. Vigran also requested a financial statement from RP&L for 1984.
51
. 52 . Councilmember Bodiker asked haw much time should be allowed on the agenda and Mr.
53 Vigran stated one (1) hour should be sufficient. Councilmember Bodiker stated
54 if there was not enough time available at this meeting possibly s special meeting
55 could be called. Mr. Vigran stated that this meeting would allow the group to
56 get a start.
57
58 Councilmember Hankinson stated he appreciated Mr. Vigran's request and copmended
59 them for handling it in this manner.
60
61 ADJOURNMENT
62
63 There being no further business on a motion duly made, seconded and passed the meeting
64 was adjourned.
65
Teri T Wh4fe 11, Acting Chairman
ATTEST:
Mary M&rchanthouse, City Clerk _