HomeMy Public PortalAbout01-21-1985 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, JANUARY 21, 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 January
3 21, 1985 at the hour of 7:00 P.M. in the Municipal Building in said City. Chairperson
4 Morris presided with the following members present: Councilpersons Elstro, WIlliams,
5 Brookbank, Hankinsrn.., Whitesell, Bodiker and Lemoine. Absent : Parker. The following
6 business was had to-wit:
7
8 APPROVAL OF MINUTES OF JANUARY 7, 1985
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10 Councilperson Hankinson moved to approve the minutes of the previous meeting as
11 prepared, seconded by Councilperson Brookbank and on unanimous voice vote the motion
12 was carried.
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14 APPROVAL OF BILLS AND INVESTMENTS
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16 Councilperson Bodiker moved to approve bills already paid and investments purchased,
17 seconded by Councilperson Lemoine and on unanimous voice vote the motion was carried.
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19 Bills Already Paid:
20 Payroll and Deductions 1/11/85 153,280.35
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22 Investments Purchased From:
23 Cash Operating Fund 1,225,000.00
24 Cash Reserve Fund 315,515. 73
25 Depreciation Reserve Fund 764,571.07
26 Total Investments 2,305,086.80
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28 Bond & Interest 451,168.75
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30 Payment to City to Richmond 1,124,328.00
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32 Miscellaneous Bills Already Paid 101,781.36
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34 Total Bills Already Paid 4,135,645.26
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36 Councilperson Bodiker moved to approve bills for payment in the amount of 115,394.38,
37 seconded by Councilperson Lemoine and on unanimous voice voterthe motion was carried.
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39 Grand total of all approved bills was 4,251,039.64.
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41 REMARKS BY CHAIRPERSON
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43 Appoint _ _ Committees for 1985
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45 Chairperson Morris prefaced her committee appointments with the following remarks:
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47 The citizens of Richmond are the owners of the utility and therefore have
48 a direct impact on whatever decisions this Board makes. The citizens of Richmond
49 have created a utility to be proud of, just as the utility must be guarded
50 it must not be suffocated. Richmond Power & Light is a valuable asset to
51 the economic future of the City of Richmond and a logical partner in an economic
52 development program. As such, we must be mindful that reasonable and steady
11 53 rates cannot be accomplished without the diligent work of this Board and a
54 constant questioning of those policies which can provide improvement. In
III55 this light I am pleased to announce my appointments of people who have--a:! :
56 willingness to go the extra mile to take a closer look at the utility's
57 operation.
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59 Finance Committee: Terry Whitesell, Chairman, Joan Lemoine and Richard Bodiker.
60 Lynn Morris will serve as an ex-officio member.
61 Employee Relations: Jane Brookbank, Chairman, James Hankinson and Marion
62 Williams.
63 Street Light: Jack Elstro, Chairman and Larry Parker.
64
65 Chairperson Morris commented that one of the. first assignments of the Finance
RP&L Minutes Cont'd
January 21, 1985
Page 2
1 Committee would be a further review of financial recommendations from the 1983
2 State Board of Accounts Audit.
3
4 REPORT OF GENERAL MANAGER
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6 General Manager Irving Huffman reported to the Board on the dividend paid to the
7 City in the amount of 1,124,328.00. Mr. Huffman also announced that Councilperson
8 Elstro had been chosen to serve on the APPA Resolutions and Legislative Committee
9 for 1985. This committee formulates policies on public power and submits them
10 to the membership for recommendation and action. The committee will be meeting
11 in February to come up with new Resolutions for the coming year and these will
12 be forwarded to the membership and put in final form in May to be presented to
13 the Conference for voting.
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15 The congratulations, of the Board of Directors was offered Councilperson Elstro.
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17 Mr. Huffman told the Board thatan•.'all' time-peak load for an hour had been established
18 on January 21, 1985 and that on January 21, 1985 an all time peak had been established
19 for a Sunday.
20
21 Review of 1984
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23 Mr. Huffman told the Board that there was a 5.59% increase in the sale of KWH and
24 a 8.63% increase in KWH's generated and purchased. He also said there was a 14.91%
25 increase in operating revenue and a 70.27% increase in the net income for 1984
26 over 1983. The contribution to the City increased by 2.78% over 1983 and the
27 depreciation fund increased 20.42% for 1984 over 1983. The interest on investment
28 increased 20.42% and the increase in equity was 70.46%.
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30 Mr. Huffman told the Board that been an increase in residential customers for 1984
31 and an increase in industrial customers.
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33 Councilperson Bodiker requested that the 1984 Review be on the Agenda for the meeting
34 at the Service Building for further questions from the Councilpeople.
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36 Date Set to Receive Bids for (1) 1985 one ton Dump Truck
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38 Mr. Huffman explained to the Board that a 1974 GMC Dump Truck in very bad condition
39 needs replaced and he would like to be authorized to receive bids at the next meeting
40 of the Board of Directors.
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42 Councilperson Bodiker moved to authorize the General Manager to receive bids for
43 (1) 1985 one ton dump truck, seconded by Councilperson Hankinson and on unanimous
44 voice vote the motion was carried.
45
46 Chairperson Morris requested that Mr. Huffman offer used equipment to the Street
47 Department for the trade in value. Mr. Huffman will contact Mr. Hillard regarding
48 this proposal.
49
50 NEW BUSINESS
51
52 Cable TV Study
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54 Councilperson Elstro moved to authorize the..General;:.Manager to receive quotations
55 on a survey regarding the quality:of service of Cable TV in the Richmond area.
56 The motion was seconded by Councilperson Hankinson.
57
58 Councilperson Elstro stated that he would like to see the Board put into motion
59 plans for Richmond Power & Light to eventually operate a Cable TV Company.
60
61 Councilperson Williams stated that he agrees with Councilperson Elstro and would
62 support his motion.
63
64 Councilperson Lemoine commented that she would like to review the situation and
65 see if other alternatives are available.
RP&L Minutes Cont 'd
January 21, 1985
Page 3
1 Chairperson Morris stated that she felt the study should go no further than a
2 li_as±c description of services available.
3
4 City Controller Cathy Maness requested the Board to evaluate the effect of this
5 motion on the draft ordinance included in the Council packets regarding the
6 Telecommunications Commission.
7
8 After further discussion a voice vote was taken on Councilperson Elstro's motion
9 and the motion was passed on the following vote:
10
11 Ayes: Elstro, WIlliams, Brookbank, Hankinson and Bodiker (5)
12 Nays: Whitesell, Lemoine and Morris (3)
13 Absent: Parker (1)
14
15 Councilperson Hankinson requested the City Attorney and the members of the Board
16 of Public Works and Safety to aggressively search for a replacement company for
17 Cable TV.
18
19 ADJOURNMENT
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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 Ne/� o ris, Chairman
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28 ATTEST: 1-17
III 29 Mary MGM ex+Ehit ouse
30 City Clerk
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