HomeMy Public PortalAbout12-04-1978 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, DECEMBER 4, 1978
1 The Common Council of the City of Richmond, Indiana, serving as a Board
2 in charge of the operation of the Richmond Power & Light Plant, met in
3 regular session December 4, 1978 at the hour of 7:00 p.m. in the Municipal
4 Building of said City. Councilman Ahaus presided with the following members
5 present: Messrs. Elstro, Williams, Austerman, Mills, Carter and Paust.
6 Absent: Messrs. Merchanthouse and Welch.
7
III8 Councilman Williams moved to approve the minutes of the previous meeting
9 as prepared, seconded by Councilman Mills and on unanimous voice vote, the
10 motion was carried.
11
12 Councilman Carter moved to approve the following bills and investments,
13 seconded by Councilman Austerman and on unanimous voice vote, the motion was
14 carried.
15
16 APPROVE THE FOLLOWING:
17 Bills in the amount of $613,291.88
18 Bonds and Interest Coupons -0-
19 1 Payroll 87,966.84
20
21 INVESTMENTS PURCHASED:
22 * Cash Operating Fund 405,000.00
23 **Cash Operating Fund 725,000.00
24
25 * Short term Treas. Notes, yielding 9 .25%
26 **Short term Treas. Notes, yielding 9.5%
27
28 Chairman Ahaus announced that since the next regular executive meeting
29 would fall on Monday, December 25th, the meeting will be bypassed.
30
31 General Manager Irving Huffman reported that he, City Attorney Ed Anderson,
III32 Mr. Delmer Cox and Attorney Paul Hurst appeared at a hearing by the Public
33 Service Commission concerning the I&M rate refund. Briefs were submitted
34 last Friday, but no decision has been made yet. RP&L has started sending
35 letters to customers regarding the refund.
36
37 Councilman Carter reported the Budget Committee has reviewed the budget
38 very thoroughly and agree that the budget is sound and recommends its
39 approval. Councilman Carter moved to approve RP&L's budget as presented,
40 seconded by Councilman Mills and on a call of the roll, the following was
41 recorded: Ayes: Messrs. Elstro, Williams, Austerman, Mills, Carter, Paust
42 and Ahaus. Noes: None. The vote being seven (7) to zero (0) in favor of
43 the motion.
44
45 The following Resolution was presented to the Board:
46
47 RESOLUTION OF THE COMMON COUNCIL
48 OF THE CITY OF RICHMOND
49 SERVING AS THE BOARD-IN-CHARGE OF
50 THE MUNICIPAL ELECTRIC UTILITY
51 SYSTEM
52
53 A RESOLUTION SUPPORTING THE RICHMOND SANITARY DISTRICT APPLICATION FOR
54 FUNDS TO STUDY THE FEASIBILITY OF A LOCAL RESOURCE RECOVERY FACILITY.
55
56 WHEREAS, RICHMOND POWER AND LIGHT is a municipally owned and operated public
11/
57 utility; and
58
59 WHEREAS, the City of Richmond supports the idea of local energy management;
60 and
61
62 WHEREAS, the conversion of solid waste and sewage sludge into useable energy
63 may be feasible as a local source of energy worthy of investigation; and
RP&L Minutes Cont.
December 4, 1978
Page 2
1 WHEREAS, a degree of energy self sufficiency in the Richmond Sanitary
2 District operation can be realized from waste conversion to energy; and
3
4 WHEREAS, this degree of Richmond Sanitary District self sufficiency can
5 be timed to reduce electrical energy requirements during RICHMOND POWER
6 AND LIGHT peak loads; and
7
8 WHEREAS, the Richmond Sanitary District application to the Environmental
9 Protection Agency for a study grant authorized under Section 4008 (a) (2)
10 of the Resource Conservation and Recovery Act is an opportunity for
11 investigating that possibility.
12
13 NOW THEREFORE BE IT RESOLVED BY THE BOARD-IN-CHARGE OF THE RICHMOND POWER
14 AND LIGHT, RICHMOND, INDIANA:
15
16 That this Board supports the Richmond Sanitary District in its study of the
17 feasibility of a resource recovery facility and further that this Board is
18 prepared to consider sharing the cost of matching funds of a grant for this
19 study.
20
21 PASSED AND ADOPTED by the Common Council of the City of Richmond, Indiana,
22 serving as the Board-In-Charge of the municipal electric utility system,
23 this 4th day of December, 1978.
24
25 COMMON COUNCIL OF THE CITY OF
26 RICHMOND, INDIANA, BOARD IN
27 CHARGE OF ITS MUNICIPAL ELECTRIC
28 SYSTEM.
29
30 By /s/ Kenneth Paust
31
32 /s/ James E. Carter
33
34 /s/ Kenneth Mills
35
36 /s/ Thomas L. Austerman
37
38 /s/ Fredric A. Ahaus
39
40 /s/ Marion J. Williams;
41
42 /s/ Howard J. Elstro, Jr.
43
44 ATTEST: /s/ JoEllen Trimble
45 City Clerk
46
47 Speaking for this resolution were Ms Ann Cline, Director of the Community
48 Council of Environmental Management Project and Mr. Arnold Lees. Ms Cline
49 pointed out the local cost of this project will be one-fourth of the total cost
50 or sixty-four thousand dollars ($64,000.00) . Mr. Lees noted the same
51 reactor could be used in this project and any of his projects for coal
52 gasification. He stated this could save six hundred million dollars
53 ($600,000,000.00) per year in coal, throughout the United States.
54
55 The resolution was adopted.
56
57 There being no further business on motion duly made; seconded and passed, the
58 , meeting was adjourned.
59
60 Rick Ahaus
61 Chairman
62
63 ATTEST: JoEllen Trimble
64 City Clerk