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HomeMy Public PortalAbout10-20-1952 7.9 MINUTES OF THE MEETING OF THE COMMON COUNCIL / OF THE CITY OF RICHMOND, INDIANA, SERVING AS ,,/ A COMMITTEE IN CHARGE OF THE OPERATIONG OF THE MUNICIPAL ELECTRIC LIGHTING AND POWER PLANT. MONDAY, OCTOBER 20, 1912 _ / 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, met in regular session in the Council Chambers in the City Hall, Monday, October 20, 1952, at the hour of 8: 00 o' clock P,.M,. (CST) . Council- man Eastman presiding with the following members being present: Messrs. IIAlkire , Baldwin, Kettelforder, Law, Marino, Salzarulo, Tracy and Youngflesh. The following business was had, to-wit: On motion duly made, seconded and carried, the minutes of the previous meeting were dispensed with. The Clerk presented proofs of publication printed in the Richmond Palla- dium-Item, a newspaper of general circulation in said City on the 8th and 15th day of October, 1952, that sealed proposals would be received until the hour of 7:00 o' clock P.M. ( CST) on this date for furnishing Power ce; Transformers, 'rs' Councilman Tracy moved the publication be. received and filed, seconded by 1 Councilman Baldwin and on voice vote was unanimously carried. All sealed bids received were opened and read aloud. On motion duly made, seconded and carried the bids were referred to the Consulting Engineer and General Manager to tabulate and recommend to this body. The General Manager was reminded by Councilman Tracy to present the 1953 Light Plant Budget and also prepare the Ordinance for the transfer of $300,000.00 to the Civil City from the Light Plant. The claims in the amount of $196, 435. 93 were allowed. Of this amount the following transfers were made: II the amount of $15, 000.00 from Cash Operating Fund to Sinking Fund; the amount of 1' 25, 000. 00 from Cash Operating Fund to Cash Reserve Fund; the amount of $22, 776. 20 from Cash Operating Fund to Depreciation Reserve Fund Cash; the amount of $61, 946. 81 from Depreciation Reserve Fund Cash to Cash Operating Fund. There being no further business presented, on motion duly made, seconded and carried the meeting adjourned. ALKIRE AND. KETTELFORDER ON CLAIMS FOR THE MONTH OF NOVEMBER. Chairman Attest: City Cl rk .