HomeMy Public PortalAbout063-1984 - ORDINANCE TO APPROVE A TRANSFER FROM THE CASH RESERVE FUND OF RPL TO THE GENERAL FUND OF THE CITYTRANSFER ORDINANCE NO. 63-1984
AN ORDINANCE TO APPROVE A TRANSFER FROM THE CASH RESERVE FUND OF RICHMOND
POWER & LIGHT TO THE GENERAL FUND OF THE CITY OF RICHMOND, INDIANA.
WHEREAS, the Common Council for the City of Richmond acting in its capacity
as the Board of Directors for the RP&L passed and adopted Resolution
No. 3-1984 on / , 1984 approving the transfer of
$58,200.00 from the cash reserve fund of RP&L to the General Fund
of the City of Richmond, Indiana, and;
WHEREAS, it is in the interest of the City of Richmond to create an Economic
Growth and Development Department to encourage orderly development
of areas suitable for business and industrial development and to
promote the general economic attractiveness and development of the
City of Richmond, Indiana, and;
WHEREAS, there exists a need for an additional appropriations in the General
Fund of the City of Richmond, Indiana to fund the Department of
Economic Development Director.
NOW THEREFORE BE IT ORDAINED by the Common Council of the Richmond, Indiana;
✓ SECTION 1. That Resolution No. 3-1984 of the Richmond Power & Light Board
of Directors be ratified and adopted as a part of this ordinance.
PASSED AND ADOPTED by the Common Council of the City of Richmond, Indiana
thisday of�, 1984.
y / P esident o C .,on uncll
ATTEST:
City Cl rk
PRESENTED by me to the Mayor of the City of Richmond, Indiana this .S'�eday
of Cam, 1984.
City Clerk
APPROVED by me, Frank H. Waltermann, Mayor of the City of Richmond, Indiana
this .5-a day of w 1984
Mayor
ATTEST:
City Cl k
WffjTAS, there exists a need for an additional appropriation in the
General Fund of the City of Richmond, Indiana to fund the Departmnet of
Economic Development Director;
WHEREAS, a transfer can be made from the cash reserve fund of the municipally
ovmed utility to the General Fund of the City pursuant to I.C. 8-1.5-3-11 (c)
NOW THEREFORE BE IT RESOLVED.by the Common Council of the City of Richmond,
Indiana acting, in its capacity as the Board of Directors of the Richmond
Power & Light that:
A transfer of $ 58,200.00 be made from the cash reserve fund of RP&L to
the City of Richmond, Indiana.
PASSED AND ADOPTED by the Common Council of the City of Richmond., Wayne County,
Indiana acting in its capacity as -the Board of Directors for the RP&L this
day of 1984.
President of the Board of Directors
ATTEST:
City Clerk ��
409 Northwest Eight St,
Richmond, Indiana. 47374
Richmond Common Council June 49 1984
Richmond, Indiana,
Attention : Mr Howard Elstro, Chairman
Dear Sir :
I spent my Working years in Ft Wayne Indiana, as an employee of
a Public Utility, not an Electric Utility, and moved to Richmond
in 1973 .
7hile a resident of Ft Wayne I Was a patron of Ft Wayne City Light,
a+:Municipal Utility,operating a coal fired steam plant„ We enjoyed
dependable service , at a very reasonable rate.
Iip later years the Common Council of the City of Ft Wayne saw fit to
p into the Surplus Funds of City bight in order to provide funds
for other City Departments, such as Recreation and Paris Department
activitiesp to the detriment of the Cash Surplus and Depreciation
Accounts of City Light,
After a number of years the Common Council found that the City bight
Was being pinched for funds to maintain a competative utility, and
for some time was unable to decide What to do about a serious problem,
to the detriment of what had been a healthy Utility. The final
result was to lease the coal fired plant to the competition and Watch
the last Alternator in Ft Wayne come to a halt,
Today, there are many people in Ft "Tayne who think of Mayor William
Hosey and City Light When they read their Monthly Electric Bills,
Will Richmond's younger generation of today be reading their Electric
Bills in the year 2010 and suffer the agony experienced by Ft Wayne
Citizens in recent years 7
I moved to Richmond in 1973 and have enjoyed being a customer of
Richmond Power and Lightpat the above address „ I feel that the
People of Richmond are very fortunate in having a person of the
capability,qualifications and years of experience in Electrical
Generating Equipment of Mr Irving Huffman as Manager of the Richmond
Y Power and Light Plant.
As a user of Electric Power, as a Taxpayer and as a holder of Bonds
in the Indiana Municipal Power Agency I urge avery Member of the Governing
Board of Richmond Power and Light to think seriously before casting
a Vote in Favor of using Surplus Funds for Other Purposes than the
Operation of Richmond Power and bight.
Sincerely yours,
Aaron Scharlaoh
EXCERPTS OF THE MEETING OF THE COMMON
COUNCIL OF THE CITY OF RICHMOND INDIANA
The Common Council of the City of Richmond, Indiana, met in regular session
In the Council Chambers in the VMiclpal Building of said City June 4, 1984
at the hour of p.m.
Councilman Elstro presided with the fallowing members present: Messrs.
Brookbank r an inson + Whitesell , Parker ,
ISOUIXer Lemoine Morris
r + + r
Absent:willi� ms , + ,
The following business was had to -wit:
(OTHER BUSINESS HAD)
The Clerk presented proof of publication of Notice to Taxpayers printed in the
Richmond Palladium Item, a newspaper of general circulation in the City of
Richmond, Indiana, on the dates of and
Said notices stated that a public hearing would Id on a day o
by the Common Council to consider additlonaTapproprla-
ons as provided or in Ordinance No. , within the City of
Richmond, Indiana. The proof of publicat o� posting of notices were
examined and found to be correct and in order. Councilman
moved the proof of publication and posting of notices be received and or Bred
filed, seconded by Councilman , and on voice vote the motion
was carried.
The Clerk read on second reading Ordinance No. 63-1984
President Elstro announced Ordinance No. 63-1984 was on public hearing.
After hearing all persons present, Ordinance No. 63-1984 was placed on
final passage or rejection and on a call of the rode oil I ng was recorded:
A/es; Broo bank r Whitesell r Bodiker , Lemoine ,
Morris Tlistro
Ness Hankinson r Parker
+ r + r
Absent: Williams
The vote�ng�� _ to 2 favor of passage of ORinance No.
(OTHER BUSINESS HAD)
There being no further business on motion duly made, seconded and passed, the
meeting was adjourned.
/s/ Howard J. Elstro
ATTEST: Mary Merchanthouse President of Common Council
ClerkCity
COMMON COUNCIL VOTING RECORD..
ORDINANCE: ir3
DATE:
WILLIAMS
3RCOKBANK
HANKINSON
WHITESELL
PARKER
BODIKER
LEMOINE,
MORRIS
ELSTRO
Susp: rules,;lst read.
Title only
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Seconded
Proof of Publication
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Cl�l�tr .
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Seconded
Move to 2nd read.
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Seconded
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Engrossment
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Seconded
Susp. rules, 3rd read.
Title only
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Seconded.
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AMENDED
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Seconded
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TABLED
Seconded
PASSAGE
✓
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:
REJECTION
RESOLUTION:
WILLIAMS
BROOKBANK
HANKINSON
WHITESELL
PARKER
BODIKER
LEMOINE
MORRIS
ELSTRO
DATE:
Suspend Rules
Title only
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Seconded
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TABLED
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Seconded
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MoVed for Adoption
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Seconded
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