HomeMy Public PortalAbout07-18-1960 306
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 MUNICIPAL LIGHT PLANT.
July 18, 1960
Regular session was called to order by Chairman J. Hoskins at
7:00 PM, in the Council Chambers of City Hall, Councilman Henn was
absent. The following business was had to-wit:
Councilman Smithmeyer, moved that the reading of the minutes of the
previous meeting be dispensed ,with, seconded by Councilman Johnson,
unanimous voice vote.
Councilman Johnson, moved that the bills in the amount of $367.844.15
be allowed and paid, seconded by Councilman Youngflesh, unanimous
voice vote.
Mr. Beck reporting on the generation for June 1960, said that the
peak load was off 1.36% and the system demand was off 4.11% from
June 1959, but for the first six months the revenue was 4 per cent
above that of last year for the same period.
General Manager Beck, reported that the total bill for the repairs to
the transformer at the Nhitewater Valley Station was:
Circuit Breaker - $1,220.21
Grounding Trans. $6,206.14
Generator Trans. $45,278.46
Boiler $24,626.53
$77,331.34
General Manager Beck, said that insurance claims of over $75,000.00,
had been agreed upon, with the possibility of recovering the entire
amount.
Mr. Beck, reported that he was continuing his investigation into
plans for a new service building for the plant, having visited
buildings in Columbus and Plainfield, Indiana, and in the near
future will inspect buildings in Ohio, and plans to take another
six weeks in deciding upon plans for the -building here.
There being no further business, Councilman Marino moved to adjourn,
seconded by Councilman Smithmeyer, unanimous voice vote.
The following transfers were included in the bills: ( From Cash Operating )
$31,165.36 To Cash Reserve Fund
$36,000.00 To Depreciation Fund
$28,158.76 To Utility Bond Fund Cash
Chairman
XLLAA
Attest:
Clerk