HomeMy Public PortalAbout07-20-1953 Zia
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, JULY 20, 1953.
The Common Council of the City of Richmond, Indiana, serving as a
committee in charge of the operation of the Municipal Electric Light-
ind and Power Plant, met in regular session in the Council Chambers in
the City Hall in said City, Monday, July 20, 1953, at the hour of
7: 00 o' clock P.M. (CDST) . Councilman Eastman presiding with the
following members being present: Messrs. Alkire, Baldwin, Law, Kettel-
forder; Marino, Tracy and Youngflesh. Councilman Salzarulo being
absent; The following proceedings were had, to-wit:
On motion duly made, seconded and unanimously carried the minutes
of the previous meeting were dispensed with.
Mr. Beck presented and explained a statement showing revenue and
its application for the first 6 months of 1953.
The committee allowed the claims in the sum of 124,496.25. The
following transfers were made: The sum of
$15,000. 00 from Cash Operating Fund to Sinking Fund
S20, 179.56 from Cash Operating Fund to Depreciation Reserve Fund
` 25, 000.00 from Cash Operating Fund to Cash Reserve Fund
,573.58 from Depreciation Reserve Fund to Cash Operating Fund
There being no further business presented on motion duly made, se-
conded and carried, the meeting adjourned.
COUNCILMEN KETTELFORDER AND LAW ON CLAIMS FOR THE MONTH OF AUGUST.
Chairman
Attest:
/ City / erk