HomeMy Public PortalAbout12-16-1968 MINUTES OF THE MEETING 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, DECEMBER 16, 1968
The Common Council of the City of Richmond, Indiana, serving as a committee
in charge of the operation of the Richmond Power & Light Plant met in regu-
lar session in the Council Chambers in the City Building in said City,
December 16, 1968 at the hour of 7:00 o'clock P.M. (EST) . Councilman Geier
presiding with the following members being present: Messrs. Blackwood,
Elstro, Henn, Hilligoss, F. Marino, P. Marino, Paust and Stigleman. The
following business was had to-wit:
Councilman F. Marino moved that the minutes of the previous meeting stand Ill
as read, seconded by Councilman Stigleman and on unanimous voice vote was
carried.
Councilman Stigleman moved that the following be approved, seconded by
Councilman Paust and on unanimous voice vote was carried.
Approve the following:
Bills in the amount of $ 152,743.78
1 Payroll 59,236.82
Transfer from Cash Operating Fund to: 5:
Cash Reserve Fund $ 77,999.32
Utility Bond Fund 23,280.21
Depreciation Reserve Fund 36,000.00
Mr. Beck reported that he has analyzed the bids for the fork lift truck and
found that the Monarch Motor Co. , Inc. Bid on a Hyster, at $6,693.25 was
lowest and best. He recommended that the Board accept the Monarch bid.
Councilman Stigleman moved that this be approved, seconded by Councilman
Henn and on unanimous voice vote was carried.
Mr. Beck reported that Sunday, December 15, the generating stations regis-
tered an all-time high for a Sunday, 9,000 kw higher than the previous
year' s high. He explained that this was due to more use of electric heat.
It also showed that air conditioning installations were also being used for
electric heat. He reported that the Wfti.tewater Valley station reported 168
hours for the previous week, working at maximum capacity, which, he said,
makes for maximum economy. Total generation for the year to date is 7.6%
from a year ago, with the average yearly increase only Mina 52%.
Mr. Beck read aloud a newspaper item regarding a court ruling against Hoosier
Energy. Under the Yankee-Dixie Plan, Hoosier Energy would combine with Yan-
kee Dixie and warned that court litigations could considerably delay the
work of Yankee-Dixie. Mr., Cecere agreed with Mr. Beck that it would be
foolish to jump into the Yankee-Dixie plan while it is still in question.
In answer to a question by Mr. Hilligoss as to whether or not RP&L has ever
actually been offered a contracty by Yankee-Dixie, Mr. Beck said that their
engineers had been in Richmond several times and wanted RP&L to sign a letter
of intent to purchase power from them. He doesn't feel we should sign any-
thing until there is a concrete offer.
Mr. Henn asked about the state of the Black and Veatch, Consulting Engineers,
contract. Mr. Beck said the contract had been sent and investigations would
probably come to Richmond some time in January.
President Geier thanked the Light Plant Board and Mr. Beck for their work
and cooperation throughout 1968.
There being no further business on motion duly made, seconded and carried,
the meeting adjourned.
/s/ Jerry Geier, Chairman
Attest: /s/ d��l/�
Lotte Hoskins, City Clerk