HomeMy Public PortalAbout01-04-1954 123
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, JANUARY 4, 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
IIin the City Hall in said City, Monday, January 4, 1954, at the hour
of 7:00 o' clock P.M. ( CST) . Councilman Tracy presiding with the
following members being present: Messrs. Alkire, Baldwin, Eastman,
Kettelforder, Law, Marino, Salzarulo and Youngflesh. The following
business WAS had, to-wit:
On motion duly made, seconded and unanimously carried, the minutes
of the previous meeting .were dispensed with.
Mr. Beck presented the following quotations on 38 Luminaires and 38
Ballasts to be used for the street lighting on the new Ninth Street
,.-4 over-pass. .
rw^
C.O.
Total Costs
`t Joslyn Co. $3, 754.40
Richmond Electric Co. 3, 942.50
Westinghouse Co. 3, 942.50
Line Material Co. 4, 104.00
Mr. Beck stated that the Joslyn Co. bid was the lowest, but the type
bid on was not suitable for the installation. The Richmond Electric
and the Westinghouse being equal and the next low bidders. The
distribution curves showed that the Westinghouse was more efficient
and the replacement facilities were more suitable. Mr. Beck recom-
II mended acceptance of the Westinghouse bid,
Councilman Youngflesh moved this body concur in the recommendation
of Mr. Beck and accept the Westinghouse bid, seconded by.Councilman
Law and on voice vote the motion was unanimously carried.
Claims in the amount of $7?6, 098. 66 .were allowed. The following
transfers were made: The sum of
p 25,000.00 from Cash Operating Fund to Cash Reserve Fund
25, 604. 34 from Cash Operating Fund to Utility Bond Fund
?0,557. 32 from Cash Operating Fund to Depreciation Re-
serve Fund
21. 35 from Cash Operating Fund to Consumers Deposit
Fund Interest Cash
300 000.00 from Cash Reserve Fund to City of Richmond
62,416.00 from Utility Bond Fund to Cash Operating Fund
89, 754. 64 from Construction Account Fund Cash to Cash
Operating Fund.
There being no further business presented, on motion duly made,
seconded and carried, the meeting adjourned.
Chairman
Attest: (:::? -
City Cl rk -6,--