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HomeMy Public PortalAbout08-03-1942 40 MEETING OF THE COMMON COUNCIL,SERVING AS A • COMMITTEE IN CHARGE OF THE OPERATION OF THE • MUNICIPAL ELECTRIC LIGHTING AND POWER PLANT OF THE CITY OF RICHMOND, INDIANA. 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 of the said City, met in the office of the Board of Works , Monday , August 3rd, 1942, at g:3O .o'clock P. M. Messrs. Beeson, Cartwright, Haas, Hibberd, Homan, Huff, Kinder, Tracy, and Wilkins being present the following proceedings were had to-wit; • The minutes of the preceding meeting were read and approved. Ills The report given by Mr. Stevens on generation showed for the month of .July a slight decrease ofof. 1 percent as over the same period of last year. Mr. Stevens reported an offer of face value waving all interest had been made by Harrison Scott for the Barrett Law Improvement Bond, property of the Light Plant Funds against the property of Thomas Mitch- ell located in Fairview and he recommended the interest be waived an the Bonds sold for cash, in the amount of $1,076.29. After some discussion,Mr. , Kinder moved that the recommendation of Mr. Stevens be complyed with and the City Controller & Mr. Stevens be authorized to sell the said Bonds for cash in the amount of fa:.^_.;. value of the Bonds $1,076.29,waving all accrude interest. With a eecond by Wilkins the motion was unanimously approved. Mr. Stevens reported an enquiry had been made in regard to the purchase of the Barrett Law Improvement Bonds property of the Light Plant Reserve Fund held against a certain lot in Reevston and Mr.Urban, City Controller, proceeded to call attention to Council in regard to other Barrett Law Improvement Bonds- property of the Light Plant Reserve Fund held against lots in elear Creek Addition and etc. , stating the time limit for the redemption of such property would soon expire on some of the lots and he recommended the matter be investigated, the same being referred to City Attorney Keisker for a report later. After allowing claims in the amount of $4g,465.77 on Proper motion they adjourned. Attest; d201 ,dent / City Clerk