HomeMy Public PortalAbout06-04-1984 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, JUNE 4, 1984
III 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 June
3 4, 1984 at the hour of 7:00 p.m. in the Municipal-Building in said City. Chairman
4 Whitesell presided with the following in attendance: Councilpersons; Esltro
5 Brookbank, Hankinson, Parker, Bodiker, Lemoine, and Morris. Absent: Councilperson
6 Willaims. The following business was had to-wit:
7
8 APPROVAL OF MINUTES OF MAY 21, 1984
9
10 Councilperson Morris moved to approve the minutes of the previous meeting as pre-
11 pared, seconded by Councilperson Brookbank and on unanimous voice vote the motion
12 was carried.
13
14 APPROVAL OF BILLS TRANSFERS AND INVESTMNETS
15
16 Councilperson Bodiker moved to approve the following bills already paid, transfers,
17 investments purchased and bond and interest payments, seconded by Councilperson
18 Brookbank and on unanimous voice vote the motion was carried.
19
20 Bills Already Paid
21 Payroll & Deductions 146,306.14
22
23 Transfers from Cash Operating Fund to:
24 Utility Bond Sinking Fund 69,688.53 '
25 Depreciation Reserve Fund ' 91,,1000.00
26 Cash Reserve Fund 93,694.00
III 27 Total 254,382.53
28
29 Investments Purchased From:
30 Cash Operating Fund 1,030,570.17
31 Bond Sinking Fund 69,688.53
32 Depreciation Reserve Fund 249,545.72
33 Cash Reserve Fund 93,695.58
34 Total 1,443,500.00
35
36 Bond & Interest Payment 625.00
37
38 Miscellaneous Bills Already Paid 952,839.51
39
40 Total of Bills Paid 2,797,653.18
41
42 Councilperson Bodiker mvoed to approve bills not paid in the amount of 450,117.23,
43 seconded by Councilperson Morris and on unanimous voice vote the motion was carried.
44
45 Grand total of all bills approved id 3,247,770.41.
46
47 REMARKS BY CHAIRMAN
48
49 Chairman Whitesell stated the next meeting of the Board of Directors will be on
50 June 18, 1984 preceeding the Council meeting.
III 51
52 Chairman Whitesell reminded the members of the Board on the correspondence received
. 53 from Mr. Huffman regarding attendance at. a July meeting of IMPA and that if anyone
54 plans to attend, Mr. Huffman needs to know by June 11, 1984.
55
56 REMARKS BY GENERAL MANAGER
57
58 General Manager Huffman coiiuiented that the July meeting of IMPA is a very good
59 meeting and suggests that anyone able please attend.
60
61 AUTHORIZATION FOR PRELIMINARY NEGOTIATION TO PURCHASE SPUR PROPERTY FOR SUBSTATION-
62 RESOLUTION NO. 4-1984
63
64 Mr. Huffman stated that Richmond Power & Light wants to begin negotiations with
65 Spur for purchase of property located at North 17th and J Street for the construction
RP&L Minutes Cont''d
June 4, 1984
Page 2
' 1 of a substation: Spur is interested in owning property that the City of Richmond
2 . owns closer to a creek and will trade the property they own to the South of the
3 City property with some money transaction since the value of the Spur property is
4 more than the value of the City property.
5
6 Richmond Power & Light will grade and level this area and construct a modern low
7 silhoutte, colorful substation.
8
9 In order for this property exchange two (2) appraisers to appraise both parcels
10 of land must be hired and the Board of Directors needs to authorize these appraisers
11 by Resolution.
12
13 RESOLUTION NO. 4-1984 •
14
15 WHEREAS, Richmond Power and Light has the need to locate a sub-station in the area
16 r of North 17th Street and North "J" Street in Richmond; and
17
18 WHEREAS, that property is presently owned by the Society For Preservation and Use
19 of Resources (SPUR); and
20
21 WHEREAS, the City of Richmond presently owns property adjacent to and north of the
22 property owned by SPUR; and
23
24 WHEREAS, SPUR has offered to transfer hteir property to the City of Richmond for
25 use by the Richmond Power & Light in exchange for the property owned by
26 the City; and
27
28 WHEREAS, Indiana Code I.C. 36-1-11-1 et. Seq. provides the procedures for initiating
29 sale or transfers of real property;
30
31 NOW THEREFORE, BE IT RESOLVED by the Board of Directors for Richmond Power & Light,
32 that:
33
34 The General Manager for Richmond Power & Light, his authorized agents,
35 and the City Attorney for the City of Richmond be empowered to hire and
36 appoint two appraisers to appraise both parcels of property, to negotiate
37 preliminary terms of sale and to report back to the Board of Directors
38 and the Common Council their findings and recommendations.
39
40 PASSED AND ADOPTED BY THE BOARD OF DIRECTORS OF RICHMOND POWER & LIGHT, this
41 day of , 1984.
42
43
44
45 President
46
47 ATTEST:
48 City Clerk
49
50 Councilperson Parker stated that the property owned by the City may have recently
51 been appraised by the Planning Department since they had control of all of that
52 property. Councilperson Parker commented that the Citythad it appraised for sale
53 to Hamm and Sons and they gave the lower half of the property to SPUR. Mr. Huffman
54 will check into this.
55
56 Councilperson Parker moved to adopt Resolution No. 4, 1984, seconded by Councilperson
57 Hankinson and on the following roll call vote the Resolution was adopted.
58
59 Ayes: Elstro, Brookbank, Hankinson, Parker, Bodiker, Lemoine, Morris and Whitesell. (8)
60 Nays: None
61 Absent: Williams
62
63 Mr. Huffman expressed his sympathy on the death of Paul Hirsh, Attorney for Richmond
64 Power & Light since 1970. Mr. Huffman stated Mr. Hirsh will be missed and that his
65 experience and counsel has been invaluable and saved the City many dollars.
RP&L Minutes Cont'd
June 4, 1984
Page 3
III1 Chairman Whitesell extended the sympathy of the Board of Dieectors to the family
2 of Paul Hirsh.
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
10 Terry Whitesell
11 Chariman
12
13 ATTEST: Mary Merchanthouse
14 City Clerk
15
16
17
18
19
20
21
22
23
24
III 25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
III 50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65