HomeMy Public PortalAbout04-15-1974 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, APRIL 15, 1974
The Common Council of the City of Richmond, Indiana, met in regular session
April 15, 1974, at the hour of 7:00 p.m. in the Council Chambers in the
Municipal Building in said City serving as a committee in charge of the
operation of the Richmond Power & Light Plant. Mr. Merchanthouse presided
with the following members present: Messrs. Brown, Cornett, Elstro, Geier,
Marino, Mills, and Williams. Absent: Dr. Shields. The following business
was had to-wit:
Mr. Mills moved to approve the minutes of the previous meeting, seconded
by Mr. Geier and on unanimous voice vote the motion was carried.
Mr. Marino moved to approve the bills, seconded by Mr. Mills and on unani-
mous voice vote the motion was carried:
APPROVE THE FOLLOWING:
Bills in the amount of $ 494,087.48
Interest Coupons 1 ,892.50
1 Payroll 62,214.13
TRANSFER FROM CASH OPERATING FUND TO:
Cash Reserve Fund $ 60,000.00
Depreciation Reserve Fund 91 ,000.00
Utility Bond Fund 71 ,254.15
PURCHASE OF INVESTMENTS
Cash Reserve Fund $ 61 ,343.69
U.S. Treasury Bills , Maturing 12-17-74
yielding 7.85% interest.
Mr. Dean Spencer substituted for Irving Huffman who was attending Indiana
and Michigan rate case hearing.
Mr. Spencer read the following:
TO: IRVING HUFFMAN, GENERAL MANAGER
FROM: CAROL SHAVER, PERSONNEL DIRECTOR
SUBJECT: NEW TRUCKS
The bids opened on April 1 , 1974 have been reviewed by Robert
Richardson, Chester Abrams and me. They meet all specifications with
the low bidder being Warfield GMC.
We would, therefore, like for you to request from the Richmond
Common Council at their next meeting on April 15, 1974 for the
privilege of purchasing one small dump truck and one 1/2 ton pick-
up truck.
Mr. Marino moved to award contract to Warfield GMC for one dump truck and
one 1/2 ton pick-up truck in the amount of $7 ,294.91 total price, seconded
by Mr. Mills and on unanimous voice vote the motion was carried.
Mr. Merchanthouse,Chairman of the Board of Directors, set a special meet-
• ing for April 23, 1974 at 7:00 p.m.
There being no further business on motion duly made, seconded and passed,
the meeting was adjourned.
Greg Merchanthouse
Chairman
ATTEST: Margaret Mellen
City Clerk