HomeMy Public PortalAbout08-07-1961 L
MINUTES OF THE N!EETING OF THE COMMON
COUNCIL SERVING AS A COMMITTEE IN
CHARGE OF THE OPERATION OF THE
RICHMOND POWER AND LIGHT.
AUGUST 7,1961
Regular session was called to order by Chairman Marino at 7:00 PM, in the
Council Chambers in City Hall -Councilman Salzarulo absent - The following
business was had to wit:
Councilman J. Hoskins moved that the reading of the minutes of the previous
meeting be dispensed with, seconded by Councilman Johnson, unanimous voice
vote.
Councilman Smithmeyer moved that the bills in the amount of - - - $123,923.43
• Plus Interest on 1953 Revenue Bonds 14,671.25
Plus two (2) Payrolls 70,171.74
• . Total $208,766.42 •
be allowed and paid, seconded by Councilman Henn, unanimous voice vote.
General Manager Beck, reported that the system demand increased 6.3% in July
1961 over July 1960.
The Finance Committee approved the purchase of $10,000.00 in Revenue Bonds from the
John Nuveen & Company, , of Chicago, Ill. at a cost of $9,900.00, maturing July
1, 1971 and bearing 3% interest.
Councilman Yount moved that the Board of Directors approve the budget of $375.00
for the light plant recreation program, seconded by Councilman ,Youngflesh,
unanimous voice vote.
General Manager. Beck reported that he has received several petitions to serve
Public Service Co. of Indiana customers on Hodgin Road, Pleasant View Road,
Gaar Road and Middleboro Pike. No action was taken on the matter at this time.
City Attorney Cecere read a letter from John C. Melaniphy, Chairman of the City
Task Force on bid-rigging damages, stating that if the City desires to proceed
in filing claims of damages for bid-rigging, the task force staff will assist
them. Chairman Marino instructed the Board of Directors to study the matter and
report their desires at the next meeting.
There being no further business, Councilman J. Hoskins moved that the meeting
be adjourned, seconded by Councilman Smithmeyer.
Chairman
Attest: / eZ/
Cle _