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HomeMy Public PortalAbout07-03-1950 • 5 , • • • PROCEEDINGS OF THE COMMON-COU R:ILOF THE CITY OF RICHMOND, INDIANA, • SERVING AS A COMMITTEE IN CHARGE OF THE OPERATION OF THE MUNICIPAL .ELECTRIC -LIGHTING-AND-PO,AER PLANT,- MONDAY-,- JULY 3; -1950. - The Common CJuncil_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 'in. said City, Monday, -July 3, 1950, at the hour of 7:301P,.M.-, (CST). Councilman Harris presiding with:the following members being -pre,:ser_t:. Messrs. Baldwin, Chamb- ers., :Eastman,. -Lair, Marino, Myers, Russell, and. Tracy. The following proceed- ings were had, to-wit: - On matian duly made seconded and carried; the'minutes of the previous meet- ing were dispensed with. • • The presiding officer announced that this Meeting was being held on the • question of the payment of dividend from. the 'earnings of the Light Plant to the Civil City of Richmond, Indiana, if any. The floor was now open for, -any taxpayers present who desired to express themselves on the question and to.limit their speech to a minimum length of time. Council Heard all the persons present that desired to express themselves on • 'rt d the question. Councilman Law moved that the sum of $300,000;00 be paid from the Light Plant earnings to the Civil City of Richmond. _ Councilman Chambers seconded this motion. - • Councilman Tracy moved that the motion of Co`unc Jman LaW be amended and that - the sum .of $200,000.00 be paid from the Light Plant earnings to the Civil City of Richmond•. Councilman Marino - seconded this motion. " The presiding officer stated that this Body would vote by roll call on the amendment to the motion. The following -vote -was recorded: Ayes: -Baldwin, Marino , Myers;- :Tracy and Harris: Nayst Chambers, Eastman, Law- and Russell. • •The- vote being ,5_to 4+ in favor of the motion.to pay the Civil` City of Rich- mond $200,000.00 from the Light Plant earriinge. - - The presiding officer stated that this Body would vote by roll call on the payment of $200,000.00 to the Civil City from the-Light Plant earnings. On the call of the roll; the following vote was recorded: Ayes: Baldwin, • Marino-;• Myers, Tracy and Harris; Nays: Chambers, Eastman, Law and Russell, - The vote being 5 to !-I- in favor of the payment of the sum of $200,000.04, as a dividend to the Civil, City from the Light Plant and so ordered. The committee allowed the claims in the amount of $S0,4+05.60. - - • • There being no further business presented, on motion duly made, seconded and carried, the meeting adjourned. - r • • - • Chairman Attest: ' City 0" rk • - • - • • • 1