HomeMy Public PortalAbout06-21-1954 1 CI
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 ELECTRIC LIGHTING AND POWER PLANT.
MONDAY, JUNE 21, 1954.
The Common Council of the City of Richmond, Indiana, serving as a
committee in charge of the operation of the Municipal Electric Light-
ing and Power Plant, met in regular session in the Council Chambers
II in the City Hall .in said City, Monday, June 21, 1954, at the hour of
6:00 o' clock P.M. ( CST) . Councilman Tracy presiding with the follow-
ing members being present: Messrs. Alkire, Eastman, Kettelforder, Law,
Marino, Riggleman, Salzarulo and Youngflesh. The following business
was had, to-wit:
The minutes of the previous meeting were dispensed with on motion
duly made, seconded and carried.
The Clerk presented proofs of publication printed in the Richmond
4r Palladium-Item, a local newspaper, on the dates of June 8-15, 1954,
' 4 that sealed bids would be received for: Section I. Power Cable,
Section II. Control Cable, for the new Light Plant construction.
C�: * The proofs were ordered filed on motion duly made, seconded and
carried.
The following bids were received, opened and read aloud:
SEC. I SEC.II TOTAL
POWER CABLE CONTROL CABLE I & II
Richmond Electric Co. $22, 698. 00 $ 3, 750. 00 .$y26, 248.00
Okonite Co. 24, 937. 20 3, 950. 20 28,887.40
Item IA Alt. 24 5S3,00 22, 928.20 3, 950.00 26,878.4H0
IIUniversal Electric Co. 23, 265. 53 4,127. 95 27, 375.00
*General Cable Corp. 21, 539.00 3, 938. 00 • 25, 477. 00
*Financial Statement was not filled out.
*Non-Collusion Affidavit was not Notarized.
All bids were Firm, with the exception of General Cable Corp.
On motion duly made, seconded and carried, the bids were referred to
Mr. Beck and the Engineers for their tabulation and recommendations.
Mr. Beck asked consent of this Body to defer action on the bids re-
ceived June 7, 1954. Mr. Beck wants to make further investigation
with the Indian: State Board of Accounts in regard to the legality of
awarding the bid to the Muncie Construction Company which was low .
bidder. Council gave their consent.
Mr. Beck reported ha had investigated the possibility of investing
some of the Depreciation Reserve Fund Cash into bonds. The State Board
of Accounts suggested that money that will not be used under a period
of six months could be invested into Government Bonds. On motion duly
made, seconded and carried, the City Attorney was ordered to prepare
a Resolution to invest the sum not to exceed $200, 000. 00 of the De-
preciation Reserve Fund Cash into Serial "J" and "K" Government Bonds.
Mr. Beck reported that he had received ,a letter from Mr. Sheffler,
Supt. of the Reid Memorial Hospital stating that they would like to
have the seven (7) trees that were removed by the Light Plant re-
placed with trees that would cost approximately $200. 00 each. Mr.
Beck expressed that this was an exorbitant price to pay for trees,
and since he has been with the company since 1926 the Light Plant has
never paid_ a sum to exceed .fi50. 00 each for any trees to be replaced.
Councilman Eastman moved that a price of ?50.00 each be Paid for the
seven ( 7) trees that were removed. This motion was lost for a lack
of a second. No further action was taken at this time.
142
Council will meet at the next regular meeting Tuesday, July 6, 1954
instead of Monday, July 5, 1954.
Claims in the amount of 55, 530. 31' were allowed.
There being no further business presented, on motion duly made, se-
conded and carried, the meeting adjourned.
COUNCILMEN RIGGLEMAN AND EASTMAN ON CLAIMS FOR THE MONTH OF JULY
1954.
Chairma �
Attest:
City Cl , k •