HomeMy Public PortalAbout03-18-1985 PROCEEDINGS OF THE COMMON COUNCIL. OF THE
CITY OF RICHMOND, INDIANA, SERVING AS A BOARD
IN CHARGE OF '1'ffE OPERATION OF THE RICHMOND D POWER
& LIGHT PLANT, MARCH 18, 1985
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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
3 March 18, 1985 at the hour of 7:00 P.M. in the Municipal Building in said City.
4 Chairperson Morris presided with the following members present: Councilmembers
5 Elstro, Williams, Brookbank, Hankinson, Whitesell, Parker, Bodiker and Lemoine.
6 Absent: Done. THe following business was had to wit:
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8 APPROVAL OF MENINES OF MARCH 4, 1985
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10 CouncilmeMber Whitesell moved to approve the minutes of the previous meeting
11 as prepared, seconded by Councilmember Brookbank and on unanimous voice vote
12 the motion was carried.
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14 APPROVAL OF BITS AND INVESTMENTS
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16 CouncilmeMber Whitesell moved to approve bills already paid and investments
17 purchased, seconded by CouncilmeMber Hankinson and on unanimous voice vote the
18 motion was carried.
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20 Bills Already Paid:
21 Payroll & Deductions 3/8/85 148,447.65
22
23 Inveslrnents Purchased From:
24 Cash Operating Fund 300,000.00
25 Depreciation Reserve Fund 155:0,(OQO.(00
26 Total Investments 850,000.00
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28 Miscellaneous Bills Already, Paid 70,147.12 -
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30 Total Bills Already Paid 1,068,594.77
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32 Councilmember Whitesell moved tp approve bills for payment in the amount of
33 39,696.24, seconded by Councilmember Hankinson and on unanimous voice vote the
34 motion was carried.
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36 Grand total of all bills approved for payment was 1,108,291.01.
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38 REMARKS BY CHAIRPERSON
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40 Chairperson Morris reminded the Board of Directors of the Executive Board meeting
41 on March 25, 1985 at 7:00 P.M. at the Service Building. All agenda items must
42 be submitted by March 20, 1985.
43
44 Councilmember Whitesell announced that a work session had been set for March
45 26, 1985 at 7:00 P.M. in the Service Building to review with the Board information
46 regarding IMPA and RP&L.
47
48 Councilmembers Hankinson, Lemoine and Williams stated that they would be unable
49 to attend the meeting due to prior comMittments.
50
51 Chairperson Morris extended the :congratulations of the Board to the Richmond
52 High School Boys Basketball Team for the Semi-State victory.
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54 REPORT BY GENERAL MANAGER
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56 Councilmember Bodiker asked General Manager Huffman about a brochure he had
57 received last year that was a 1983 year end report from IMPA and if they would
58 be available for 1984. Mr. Huffman explained that they are being prepared
59 and will be available soon, hopefully for the meeting of the Board on March
60 26, 1985.
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62 Councilmember Lemoine asked Mr. Huffman about the Spring Conference of the
63 Indiana Municipal Electric Association to be held in Richmond in April. Mr.
64 Huffman told the Board that the Association holds two (2) meetings annually
65 and every second or third year they are held in Richmond. This gives the
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RP&L Minutes Cont'd
March 18, 1985
Page 2
1 Association a chance to see the operation of RP&L and the meeting will be held
2 at the Holiday Inn.
3
4 Councilmember Bodiker asked Mr. Huffman regarding a bill in the Indiana
5 General Assembly to eliminate rate tracking.
6
7 Mr. Huffman stated that House Bill 1712 was heard in the .Carmerce Committee
8 and did not come up for vote. He said that the good points of the bill will
9 be incorporated in Senate Bill 546. Mr. Huffman stated that it is not to the
10 advantage of the rate payer to eliminate rate tracking.
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12 NEW BUSINESS
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14 Chairperson Morris requested the Finance Committee to establish a policy on
15 Capital Projects and set a limit on projects needing approval by the entire
16 Board of Directors of Richmond Power & Light.
17
18 ADOOURNMENT
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20 There being no further business on a motion duly made, seconded and passed the
21 meeting was adjourned.
23 ' 65,?
24 LynnAepote or2:7tErp rson
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27 ATTEST: %4_
28 Mary Me ha
e(L.
29 City Clerk
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