HomeMy Public PortalAbout03-04-1985 PROCEEDINGS OF THE COMMON COUNCIL OF THE
CITY OF RICHMOND, INDIANA, SERVING AS ABOARD
IN CHARGE OF THE OPERATION OF THE RICHMOND POWER
& LIGHT PLANT, MARCH 4, 1985
. 1 The Common Council of the City of Richmond, Indiana, serving as a Board in
2 charge of the operation of the Richmond Power & Light Plant, met in regular session
3 March 4, 1985 at the hour of 7:00 P.M. in the Municipal Building in said City.
III4 Chairperson Morris presided with the following members present: Councilmembers:
5 Elstro, Williams, Brookbank, Hankinson, Whitesell, Parker, Bodiker and Lemoine.
6 Absent: None. The following business was had to-wit:
7
8 APPROVAL OF MINUTES OF FEBRUARY 19, 1985
9
10 Councilmenber Hankinson moved to approve the minutes of the previous mooting as
11 prepared, seconded by Councilmember Brookbank and on unanimous voice vote the motion
12 was carried.
13
14 APPROVAL OF BITS, TRANSFERS AND INVESTMENTS
15
16 Councilmember Whitesell moved to approve the bills already paid, transfers made
17 and invesLitents purchased, seconded by Councilmember Bodiker and on unanimous voice
18 vote the motion was carried.
19
20 Bills Already Paid:
21 Payroll and Deductions 2/15/85 147,697.22
22
23 Transfers from Cash Operating Fund to:
. 24 Cash Reserve Fund 132,130.00
25 Utility Bond Sinking Fund 70};688':54
26 Depreciation Reserve Fund 91,000.00
27 Total Transfers 293,818.54
28
III29 Investments Purchased from:
30 Cash Operating Fund l.;4201;0r30A0
31 Depreciation Reserve Fund 1,083,280.66 •
32 Cash Reserve Fund 132,130.00
33 Utility Bond Reserve Fund 532,235.20
34 Consumer Deposit Fund 75,000.00
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36 Total Investments 3,242,675.86
37
38 Bond Principal & Interest 1,-912.50
39
40 Miscellaneous Bills Already Paid • 1,043,189.19
41 Total Bills Already Paid 4,729,293.31
42
43 Councilmember Whitesell moved to approve unpaid bills for payment in the amount
44 of 1,141,151.78, seconded by Councilmember Bodiker and on unanimous voice vote
45 the motion was carried.
46 •
47 Grand total of all approved bills was 5,870,445.09.
48
49 REMARKS BY CHAIRPERSON
50
52 Chairperson Morris announced the Executive Board meeting on March 25, 1985 at 7:00
53 P.M. at the Service Building. All agenda items are due by March 20, 1985.
54 REPORT BY GENERAL MANAGER
55
• 57 At-.the. request of Chairperson Morris, General Manager Huffman explained that the
58 power outage on this date was caused by windy conditions and temporary transformer
59 facilities. The temporary facilities were being used due to the construction of
60 the new substation at North J and 16th Streets.
61
62 Councilmember Lemoine questioned Mr. Huffman about the PCB project and Mr. Huffman
63 stated that Sun Oil had not been able to complete the project since they were
64 between jobs when they were working in Richmond. A few small projects still
65 remain along with a generating station and two (2) transformers. Sun Oil will
RP&L Minutes Con't
March 4, 1985
Page 2 •
1 complete the smaller projects within a thirty (30) day period.
2
3 NEW BUSINESS
4
5 RESOLUTION NO. 1-1985
6
7 The Clerk read in its entirety Resolution No. 1-1985 :
8
9 Whereas, there exists an emergency requiring an additional appropriation
10 in the General Fund of the City of Richmond, Indiana to fund the DepaiLment
11 of Economic Development.
12
13 Whereas, a transfer can be made fran the cash reserve fund of the municipally
14 owned utility to the General Fund of the City pursuant to I.C. 8-1.5-3-11
15 (c) and (e) .
16
17 Now Therefore Be It Resolved by the Common Council of the City of Richmond,
18 Indiana acting in its capacity as the Board of Directors of the Richmond
19 Power & Light that:
20
21 A transfer of $150,000.00 be made from the cash reserve fund of RP&L to the
22 City of Richmond, Indiana.
23
24 Councilmember Hankinson moved to adopt Resolution No. 1-1985, seconded by Council-
25 member Williams and on the following vote' the motion was carried:,'
26
27 Ayes: Elstro, Williams, Brookbank, Hankinson, Whitesell, Parker, Bodiker, Lemoine
28 and Morris (9)
29 Nays: None
30
31 ANTI-TRUST CONFERENCE
32 •
33 Councilmember Bodiker moved to approve the payment of necessary and reasonable
34 costs for the City Attorney and one (1) member of the Board of Directors, to be
35 chosen by the Chairperson, to attend an APPA conference on anti-trust on March
36 25 and 26, 1985 in Scottsdale, Arizona, seconded by Counciimember Lemoine and on
37 unanimous voice vote the motion was carried.
38
39 ADJOURNMENT
40
41 There being no further business on a motion duly made, seconded and passed the
42 meeting was adjourned.
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45 d°h6.44
46 Lynn Nep Morris, Chairperson
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49 ALIT EST:
50 Mary Man ouse
51 City Clerk
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