HomeMy Public PortalAbout11-05-1984 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, NOVEMBER 5, 1984
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 November 5, 1984 at the hour of 7:00 P.M. in the Municipal Building in said
4 City. Vice Chairperson Morris presided with the following members present:
5 Councilpersons Elstro, Williams, Brookbank, Hankinson, Parker, Bodiker ,and
6 Lemoine.
7
8 APPROVAL OF MINUTES OF OCTOBER 15, 1984
9
10 Councilperson Bodiker moved to approve the minutes of the previous meeting as
11 prepared, seconded by Councilperson Brookbank and on unanimous voice vote :the
12 motion was carried.
13
14 APPROVAL OF BILLS, TRANSFERS AND INVESTMENTS
15
16 Councilperson Bodiker moved to approve the following bills,already paid,. transfers
17 and investments, seconded by Councilperson Lemoine and on unanimous voice vote
18 the motion was carried.
19
20 Bills Already Paid:
21 Payroll and Deductions 10/19/84 151,573.85
22
23 Transfers from Cash Operating Fund to:
24 Utility Bond Sinking Fund 69,688.54
25 Depreciation Reserve Fund 91,000.00
26 Cash Reserve Fund 93,694.00
27 Total Transfers 254,382.54
28
29 Investments Purchased from:
30 Depreciation Reserve Fund 729,898.03
31 Utility Bond Reserve Fund 611,567.00
32 Cash Operating Fund 1,575,000.00
33 Utility Bond Sinking Fund 139,377.09
34 Cash Reserve Fund 289,082.78
35 Consumer Deposit Fund 50,000.00
36 Total Investments 3,394,924.90
37
38 Utility Bond Principal & Interest Payment 2,750.00
39
40 Miscellaneous Bills Already Paid 828,772.80
41
42 Total Bills Already Paid 4,632,404.09
43
44 Councilperson Bodiker moved to approve bills for payment in the amount of
45 1,057,277.21, seconded by Councilperson Lemoine and on unanimous voice vote the
46 motion was carried.
47
48 Total bills approved for payment was 5,689,681.30.
49
50 REMARKS BY VICE CHAIRPERSON
51
52 Vice Chairperson Morris reminded the Board of the meeting on November 26, 1984 at
53 7:00 P.M. at the Service Building.
54
55 RESOLUTIONS
56
57 RESOLUTION NO. 6-1984
58
5a Councilperson Elstro moved to suspend the rules and read Resolution No. 6-1984 by
60 title only, seconded by Councilperson Lemoine and on unanimous voice vote the motion
61 was carried.
62
63 The Clerk read by title only Resolution No. 6-1984 - A RESOLUTION APPROVING
64 COMPENSATION OF EMPLOYEES OF RICHMOND POWER & LIGHT AND MATTERS RELATED THERETO.
65
RP&L Minutes Cont'd
November 5, 1984
Page 2
1 General Manager Huffman told the Board that this Resolution concerns the wage package
2 and other compensation for all employees of Richmond Power & Light including the
3 General Manager and those represented by the bargaining unit.
4
5 Councilperson Lemoine noted that a copy of Exhibit A had not been attached to
6 the Resolutions and since this lists the wages a copy will be forwarded to the
7 members of the Board.
8
9 The State Board of Accounts mandates that a Resolution confirm all employee wages
10 and other compensation.
11
12 Councilperson Bodiker asked if hourly employees need to be included in this Resolution
13 and Mr. Barden indicated that State Law is rather unclear and to be safe all employees
14 have been included.
15
16 Councilperson Hankinson moved for the adoption of Resolution No. 6-1984, seconded
17 by Councilperson Bodiker and on unanimous voice vote the motion was carried.
18
19 REPORT BY GENERAL MANAGER
20
21 Mr. Huffman reported that he had been to Washington representing IMPA along with
22 representatives of other Municipal Power Companies to set schedules for hearing
23 on the I&M rate increase.
24
25 ADJOURNMENT
26
27 There being no further business on a motion duly made, seconded and passed the
28 meeting was adjourned.
29
30 Lynn Nepote Morris
31 Vice Chairman
32
33 ATTEST: Mary Merchanthouse
34 City Clerk
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