HomeMy Public PortalAbout10-17-1983 PROCEEDINGS OF THE COMMON COUNCIL OF THE
CITY OF RICHMOND, INDIANA, SERVING AS A.BOA.RD. . .
IN CHARGE OF THE OPERATION OF THE RICHMOND POWER
& LIGHT PLANT, OCTOBER 17, 1983
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
3 session October 17, 1983 at the hour of 7:00 p.m. in. the Municipal Building
4 of said City. Chairman Welch presided with the following members present:
5 . Messrs. Elstro, Williams, Hankinson, Mills, Parker, Carter and Paust.
6 Absent: Ms. Henry. The following business was had, to-wit:
III 7
8 APPROVAL OF MINUTES OF OCTOBER 3, 1983
9
10 Coun.cilman. Hankinson moved to approve the minutes of the previous meeting as
11 published, seconded by Councilman Parker and on unanimous voice vote the
12 motion was carried.
13
14 APPROVAL OF BILLS, TRANSFERS AND INVESTMENTS
15 ..
16 Councilman Hankinson moved the bills, transfers and investments, with the
17 transfer in the depreciation reserve fund corrected to read $16,285.44, be
18 . approved as follows, seconded by Councilman Carter. and on unanimous voice
19 vote the motion was carried: . '
20' . .
21 Approve the following:
22 Bills in the amount of • 58,279.99
23 Bonds and interest Coupons 2,750.00
24 2 Payrolls : • ,269,201.18
25 .. •
26 Transfers from Cash Operating Fund to:
27 - Cash Reserve Fund 93,694.00
28 Depreciation Reserve Fund 16,295.44
29 13ond Sinking Fund • . 67,860.00
30 .
III 31 Investments Purchased
32 Depreciation Reserve' Fund 1,590,545.00
33 Bond Reserve Fund 369,500.00
34 Cash Operating Fund 2,621 ,340.00
35 . Bond Sinking Fund 67,860.00
36 Cash Reserve Fund 572,404.00
37 Consumer Deposit Fund 145,000.00
38
39 REMARKS BY CHAIRMAN
40
41 Chairman Welch thanked Councilman Hankinson for replacing him in conducting
42 the last meeting.
43
44 The Executive Meeting will be the fifth Monday, October 31, at. 7:00 p.m. at
45 RP&L. At that meeting Mr. Huffman will have a report on solid waste disposal
46 systems that he will be reviewing.
47
48 REPORT BY GENERAL MANAGER
49
50 I&M CONTRACT NEGOTIATIONS REPORT
51
52 General Manager Irving Huffman reported there was a.meeting with representatives
53 of American Electric Power in Columbus, Ohio hoping to have something concrete
54 . to look at as negotiations were started last February or March. There have
55 been many delays and nothing is ready yet; however, areas were discussed about
III56 changing .the contract. IMPA is wanting recognition by AEP, which should be
57 accomplished. They also want to do business with themselves. IMPA has been
58 able to ship power. around in Public. Service Company .of .Indiana's territory.
59 - Attempting :to- ship. power around in the I&M territory has met I&M resistance,
60 which is disappointing... Indiana & Michigan would like to prevent power shipments
61 because it 'would force buying .power .from. I&M. Hopefully, this will be corrected
62 and power can be sold to ourselves no matter whose service territory we are in.
63 I&M, PSCI and NIPSCO are not restricted, so we should not be.
RP&L Minutes Cont'd.
October 172 1983
Page 2
1 The I&M contract expires at the end of the calendar year. If a new contract
2 is not negotiated, we will continue as is. They have not applied for a
3 rate increase.
4
5 In response to Chairman Welch's question concerning the Federal Regulatory
6 Energy Commission's attitude toward I&M restricting a municipal agency for
7 distribution capability, Mr. . Huffman, stated their attitude has been not to
8 get involved..and let the utilities fight it out among themselves. Also,in
9 response Mr. Huffman stated the contingency plan of creating an intercon-
10 nection with PSCI has been explored.
11
12 DISTRICT HEATING PROJECT
13
14 Mr. Huffman reported the district heating project is being held up by contracts
15 between the State, RP&L and State Hospital. Attorney Paul Hirsch is going
16 to meet with the State people to try to get this going at a little faster
17 pace. There are some problems with the State Hospital's facilities that need
18 to be upgraded. Monies the hospital will be realizing will.pay, for the ex-
19 penditures made for the upgrading. They are doing a lot of work with man-
20 power which'is easier for them than making an expenditure. This is no great
21 problem. They did supply a list of things that need to be done and most of
22 the items are very real. This cannot be accomplished for this heating season,
23 but; hopefully will be for the next one.
24
25 REPORT OF STREET LIGHT COMMITTEE
26
27 Chairman of the Street Light Committee Parker stated that his committee in
28 cooperation with RP&L have the project of switching from mercury to sodium
29 replacement on U. S. 40 and is 99% completed. This will be a savings to
30 the. City of $3500 per year. This was done when: the lights needed to be
31 changed and was no additional expense to RP&L as a part of their routine
32 maintenance.program. Mr. Huffman stated no other City has more street
33 lights on a per square foot basis than Richmond. We have a very fine street
34 lighting program and it is better with the sodium lighting which produces
35 more light with less kilowat hour power.
36
37 ADJOURNMENT
38
39 There being no further business on motion duly made, seconded and passed
40 the meeting was adjourned.
41 .
42 Bing Welch
43 Chairman
44 "
45 ATTEST: JoEllen Trimble
46 City Clerk