HomeMy Public PortalAbout10-01-1984 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, OCTOBER 1, - 1984
1 The Common Council of the City of Richmond, Indiana, serving as a Board in charge of
2 the operation of the Richmond Power & Light Plant, met in regular session October 1,
3 '1984 at the hour of 7:00 P.M. in the Municipal Building in said City. Chairman
4 Whitesell presided with the following members in attendance: Councilpersons:
5 Elstro,. :Williams, Brookbank, Hankinson, Parker, Bodiker, Lemoine and Morris. The
6 following business. was had .to-wit:.
7
8 APPROVAL OF MINUTES OF SEPTEMBER 17, 1984
9
10 Councilperson Hankinson moved to approve the minutes of the previous meeting as
11 prepared, seconded by Councilperson Williams and on unanimous voice vote the motion
12 was carried.
13
14 Councilperson Morris noted that the name of Ron Maze should be changed to Jim Maze.
15
16 APPROVAL OF BILLS, TRANSFERS AND INVESTMENTS
17
18 Councilperson Bodiker moved to approve bills already paid, transfers, investments
19 and bonds and coupans redeemed as follows, seconded. by Councilperson Lemoine and on
20 unanimous voice vote the motion was carried.
21
22 ' Bills Already Paid
23 Payroll and deductions 9/21/84 142,022.33
24
25 Transfers from Cash Operating Fund to:
26 Bond Sinking Fund 69,688.55
27 Depreciation Reserve Fund" 91,000.00
28 Cash Reserve Fund 93,694.00
29 Total Transfers 254,382.55
30
31 Investments Purchased from:
32 Depreciation Reserve Fund 889,640.00
33 Bond Reserve Fund 220,100.00
34 Cash Operating Fund 1,625,000.00
35 Bond Sinking Fund 139,377.09
36 Cash Reserve Fund 507,054.00
37 Consumer Deposit Fund 50,000.00
38 Total Investments 3,431,171.09
39
40 Bonds and Coupons Redeemed 2,625.00
41
42 Miscellaneous Bills Already Paid 761,072.28
43
44 Total Bills Already Paid 4,591,273.25
45
46 Councilperson Bodiker moved to approve bills for payment in the amount of 880,540.32,
47 seconded by Councilperson Lemoine and on unanimous voice vote the motion was carried.
48
49 Grand total of all bills approved is 5,471,813.57.
50
51 REMARKS BY CHAIRMAN
52
53 Chairman Whitesell reminded the Board that the next regular meeting would be prior to
54 Council on October 15, 1984 at 7:00 P.M. and the next meeting at the Service Building
55 would be October 22, 1984 at 7:00 P.M.
56
57 REPORT BY GENERAL MANAGER '
58
59 General Manager-_Huffman told the Board that this time of year an inspection program
60 is done on generating units as preventive maintenance. Unit #2 is currently being
61 inspected and the inspection will take approximately four (4) weeks. Unit # 1 is ; .
62 being used during the shut down of Unit #2 and they are experiencing some problems
63 in the condenser. These same problems were experienced with this unit fifteen years
64 ago. The unit will have to be retubed due to stress fractures in the tubing and a
65 guess at the cost would be 20,000.00 and a three (3) week repair time.
RP&L Minutes Cont'd
October 1, 1984
Page 2
1 Mr. Huffman also stated that there is wear showing in a bearing in the pulverizer
2 in Unit #2 that needs rectified.
3
4 ADJOURNMENT
5 .
6 There being no further business on a motion duly made, seconded and passed the
7 meeting was adjourned.
8
9 Terry Whitesell
10 Chairman
11
12 ATTEST: Mary Merchanthouse
13 City Clerk
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