HomeMy Public PortalAbout11-17-1975 PROCEEDINGS OF THE COMMON COUNCIL OF THE
CITY OF RICHMOND, INDIANA, SERVING AS
A COMMITTEE IN CHARGE OF THE OPERATION OF THE
RICHMOND POWER & LIGHT PLANT, NOVEMBER 17, 1975
1 The Common Council of the City of Richmond, Indiana, met in regular
2 session November 17, 1975, at the hour of 7:00 P.M. in the Council
3 Chambers in the Municipal Building in said City serving as a committee
4 in charge of the operation of the Richmond Power & Light Plant. Mr.
5 Brown presided with the following members present: Messrs. Cornett,
6 Elstro, Geier, Marino, Merchanthouse, Mills and Williams. Absent. Mr.
7
8 Hilton. The following business was had to-wit:
9 Mr. Williams moved to approve the minutes of the previous meeting, seconded
10 by Mr. Mills and on unanimous voice vote the motion was carried.
11
12 Mr. Geier moved to approve the following bills, seconded by Mr. Cornett
13 and on unanimous voice vote the motion was carried.
14
15 APPROVE THE FOLLOWING:
16 Bills in the amount of $ 532,309.28
17 Interest Coupons None
18 Payroll 65,685.91
19
20 TRANSFERS FROM CASH OPERATING FUND TO:
21 Depreciation Reserve Fund $ 91 ,000.00
22 Cash Reserve Fund 60,000.00
23 Utility Bond Fund 68,745.82
24
25 John Brown, Chairman of the Board, presented the following:
26 "For about a year and a half this board has discussed the economic
27 feasibility of bringing a consulting firm into RP&L to thoroughly review
28 all phases of the utilities operations. We have found that the cost
29 was rather high and we were not sure we could obtain the information
30 needed. We did not want a "hatchet" job done on the utility, we did
31 not want someone to come in and cut and slash just because they were
32 expected to.
33
34 We have now come to the point that we feel this study should be
35 implemented.
36
37 The firm of Ernst & Ernst has completed, at the direction of the State
38 Commission, a study covering the coal purchasing practices of RP&L
39 • and this will be one of the firms considered.
40
41 I hereby appoint Mr. Merchanthouse, Mr. Mills and myself to meet with
42 Mr. Huffman at least once before our December 1 , 1975 meeting and
43 consider the proposals that have been submitted and report back to •
44 this Dec. 1 board. I have appointed Mr. Merchanthouse and Mr. Mills
45 so that there will be some continuity into the next Council ."
46
47 Mr. Huffman said he would like to schedule a meeting as soon as possible
48 with Mr. Merchanthouse, Mr. Mills and Mr. Brown.
49
50 Mr, Irving Huffman, General. Manager, reported the Unit No. 2 generator
51 at the Whitewater Valley Station is back on the line after getting shut
52 down for 30 days for maintenance inspection and overhaul .
53
54 Mr. Huffman said you can avoid a force outage if you have a good main-
55 tenance program. No problems were found, all tests were good and two
56 recommendations for changes were made. The check also included a
57 boiler inspection.
58
59 Our contract with Old Ben Coal Co. shows a 17 per cent reduction in the
60 purchase price, effective December 1 , 1975. This means we will pay
61 $17.50 per ton at the mine which has been $21 .00. This will reflect in
62 lower bills to Richmond Power & Light customers.
63
64 There being no further business on motion duly made, seconded and passed,
65 the meeting was adjourned.
66 John Brown, Chairman
67
68 ATTEST: Margaret Mellen, City Clerk
69