HomeMy WebLinkAbout239991 12/09/14 a��'_c�Hb
CITY OF CARMEL, INDIANA VENDOR: 00351669
°; ONE CIVIC SQUARE H J UMBAUGH &ASSOCIATES CHECK AMOUNT: $****63,485.00*
•i�. Sao CARMEL, INDIANA 46032 6365 KEYSTONE CROSSING STE 300 CHECK NUMBER: 239991
9�'��TON�O' INDIANAPOLIS IN 46240 CHECK DATE: 12/09/14
DEPARTMENT ACCOUNT PO NUMBER INVOICE NUMBER AMOUNT DESCRIPTION
1801 4340303 137659 51,000.00 OTHER ACCOUNTING FEES
1801 4340400 137659 12,485.00 CONSULTING FEES
H. J. Umbaugh & Associates
Certified Public Accountants,LLP
8365 Keystone Crossing, Suite 300
Indianapolis,IN 46240-2687
(317)465-1500
Carmel Redevelopment Commission
c/o Ms. Corrie A. Meyer, Executive Director
30 West Main Street, Suite 220
Carmel, IN 46032
Re: TIF Management and Monitoring Services
Invoice No. 137659 Please Include Invoice No. With Remittance
Date 10/02/2014
Client No. C00600.RED7
For professional services rendered from January 1, 2014 through September 30, 2014 relating to tax
increment financing (TIF)for approximately 35 TIF Areas, which includes assistance with TIF monitoring
and administration, including TIF neutralization worksheets, assistance with summary and payment of
Secondary Installment contracts, providing TIF information to Client representatives and Clerk-Treasurer,
and other services as requested, in accordance with an Engagement Agreement dated April 17,2013.
See attached detail of services.
Current Amount Due $ 63.485.00
PLEASE REMIT TO:
H.J. UMBAUGH&ASSOCIATES
8365 KEYSTONE CROSSING, SUITE 300
INDIANAPOLIS, IN 46240-2687
Cannel RDC IN-2014 TIF Mgmt
Invoice Supporting Detail
Re: TIF Management and Monitoring Services
Adjust
Date Service Description Employee Memo Hours Rate WIP Amt Net
01/09/2014 Teleconference Mouser Call w/Jamie Browning re:ISG TIF Bonds 0.75 120.00 $ 90.00
01/15/2014 Correspondence Amspaugh Call w Lee Graham re 2014 Tax Rates 0.25 220.00 55.00
01/15/2014 Correspondence Matthes Higgins questions re:Pedcor TIF 0.50 350.00 175.00
01/17/2014 Financial Development-Prep Matthes Barrington-questions from Cindy and Sandy at CT 0.50 350.00 175.00
office-documentation
01/20/2014 Teleconference Matthes Rick Sharp 0.50 350.00 175.00
01/20/2014 Financial Development-Prep Matthes Barrington-questions from Cindy and Sandy at CT 1.00 350.00 350.00
office-following-up on info-tax info,maps,emails to
Cindy,Sandy,and Working Group-additional
tasksfinfo needed
01/22/2014 Financial Development-Prep Amspaugh Pedcor 2nd Village IC accrued interest,Reserve calc 3.00 220.00 660.00
info to LMM
01/23/2014 Correspondence Matthes Barrington-additional info from Mike Lee and respond 0.50 350.01) 175.00
to Luci's question;review info for Rick on Pedcor 21Cs
01/24/2014 Correspondence Matthes Info for Rick on Pedcor 21 Cs 0.25 350.00 87.50
01/30/2014 Financial Development-Prep Amspaugh Debt Comparison for McFeely;Disc Alex 0.75 220.00 165.00
01/30/2014 Financial Development-Prep Amspaugh Barrington PILOT payment call w Mike Lee and Lee 1.00 220.00 220.00
Graham;Emails w Bruce Donaldson
01/30/2014 Umbaugh Reports-Prep Hammond Debt report for Indy Star for HLA. 0.50 120.00 60.00
01/30/2014 Financial Development-Prep Matthes Emails re:Barrington-in EDA,not Alloc.Area;PILOT 0.50 350.00 175.00
payments,etc.w/Mike Lee,Heidi,Bruce Donaldson
01130/2014 Financial Development-Prep Stanlev PreDarinq chart of debt as%of AV 0.50 120.00 60.00
02/03/2014 Financial Development-Prep Amspaugh Prep and send information to Dan McFeely 2.00 220.00 440.00
02/03/2014 Financial Development-RevieH Matthes Info for McFeely 0.25 350.00 87.50
02/03/2014 Financial Development-Prep Matthes Debt Comparison and Rating info for Dan McFeely- 0.50 350.00 175.00
review/discuss with Heidi
02/04/2014 Financial Development-Prep Matthes Follow-up on Luci's message re: Village Financial IC's 1.00 350.00 350.00
and Gateway Debt;VM to Luci
02/0512014 Teleconference Matthes Dave Bowers re:Pedcor TIF Secondary ICs 0.50 350.00 175.00
02/05/2014 Legal Documents Matthes, Review Transaction Agreement and Amendment to 1.00 350.00 350.00
help respond to Council emails/questions about Pedcor
Secondary ICs,Pedcor TIF calculations,etc.
02/05/2014 Financial Development-Prep Matthes Council emails/questions about Pedcor Secondary ICs 3.00 350.00 1,050.00
-prepare email to Council,CRC,Advisors re:
Secondary IC obligations outstanding and priority,
Transaction Agreement,Pedcor TIF calculations,HJU
Pedcor TIF Report,actual interest owed,etc.
02/07/2014 Teleconference Matthes Luc!Snyder re:CRC,C-T,financial mgmt,etc. 0.50 350.00 175.00
02/07/2014 Financial Development-Prep Matthes TIF info/update-request by NBol,Coonrod,etc.;info 1.00 350.00 350.00
for Monday meeting
02/10/2014 Financial Development-Prep Amspaugh Refunding summary,debt update,summary of 4.25 220.00 1,375.00
outstanding issues,Disc w Loren
02/10/2014 Financial Development-Prep Matthes Updated TIF Schedules,Refunding Schedules for the 2.00 350.00 700.00
meeting
02/10/2014 Meeting Matthes Meeting re:VF 2ndary Installment Contract, 2.00 350.00 700.00
communication betw.CRC,CT and Council-Shaver,
Mayor,Dave B,Bill H.Mike Lee,Luci,Eric,Sandy,
Steve E.
02/11/2014 Correspondence Amspaugh Disc w Loren re Carmel accounting work;Disc w 4.00 220.00 880.00
internal folks;Secondary Village ICs issues-accrued
interest calc
02/11/2014 Correspondence Matthes Prepare follow-up email related to the VF Secondary 1.50 350.00 525.00
Installment Contracts to the group from the Monday
meeting(research accrued interest)and Transaction
Agreement and prior emails;email/call to Karl and
Pedcor-ouestions and summary prep
02/11/2014 Financial Development-Prep Matthes Additional work related to payment of the Pedcor 2nd 2.00 350.00 700.00
ICs-new info in the Purchase Agreement about
Projection Notice;check on accrued interest;additional
questions about the payment from 7115/13-12/31/13-
defer or not vs interest Davment:
02/11/2014 Financial Development-Prep Matthes Responding to questions about Barrington PILOT and 3.00 350.00 1,050.00
tax payment,TIF maps,etc.from Steve Engelking,
Luci;Bond Payoff follow-up re:MS and Parkwood-
Luci,Bruce D.;discuss various TIF management and
CRC-City communication issues with Luc
02/11/2014 Correspondence Mouser Discuss w/HLA;Secondary IC infc 0.75 120.00 90.00
02/12/2014 Financial Development-Prep Amspaugh Secondary Village ICs summary of transaction 4.50 220.00 990.00
02/1212014 Financial Development-Prep Matthes Additional info on VF Secondary ICs from Dolores at 0.50 350.00 175.00
Pedcor and interest calculations
02/12/2014 Correspondence Matthes Additional info and emails related to VF Secondary ICs 1.00 350.00 350.00
interest calculations-Dolores,Dave,Luci,Karl,Large
Group
02/13/2014 Financial Development-Prep Amspaugh Pedcor TIF Summary for Council&CRC 4.75 220.00 1,045.00
Carmel RDC IN-2014 TIF Mgmt
Invoice Supporting Detail
Re: TIF Management and Monitoring Services
Adjust
Date Service Description Employee Memo Hours Rate WIP Amt Net
02/13/2014 Correspondence Matthes Current In Carmel article re: Secondary ICs payments- 2.00 350.00 700.00
questions from Reporter,responding to questions,
providing info,etc.;communicate with Umbaugh
partners,etc.;other emails on ICs,etc-Shaver,
Seidensticker.Mike Lee on Barrinotor
02/13/2014 Legal Documents Matthes Working on draft of Summary of Interest Calculations, 2.00 350.00 700.00
etc.for the Secondary Installments to share wl Karl and
Dave-info to include-questions and ideas regarding
calculations,checking legal doc's,etc.
02/14/2014 Financial Development-Prep Amspaugh Secondary Village ICs work,Call w Bill Hammer re 4.25 220.00 935.00
RDC Mtg,Email w WSH folks re Summary
02/14/2014 Correspondence Matthes Current In Carmel article re: Secondary ICs payments 1.00 350.00 350.00
02/1412014 Teleconference Matthes Re:2nd Ics-Bill Hammer-attend Council meeting, 1.00 350.00 350.00
Luci Snyder re: CIC,CRC accounting
02/14/2014 Legal Documents Matthes Working on Summary of Interest Calculations 3.00 350.00 1,050.00
schedules for the Secondary Installments with Heidi,
discussions w/Karl and Jenny re:calculations,
summary,etc
02/17/2014 Financial Development-Review Amspaugh Review WSH payment summary for 2nd Village ICs; 2.50 220.00 880.00
Review CRC's 2014 Forecast
02/17/2014 Meeting Matthes Secondary ICs-attend Council Meeting;meeting 2.50 350.00 875.00
ahead with Dave Bowers
02/17/2014 Legal Documents Matthes Working on/editing Summary of Interest Calculations 3.00 350.00 1,050.00
schedules for the Secondary Installments from Jenny,
edits,suggestions,changes to calculations,summary,
etc.
02/18/2014 Financial Development-Prep Amspaugh Secondary Village ICs disc w Loren and Alex;Ryan 1.25 220.00 275.00
Wilmering re NBol's TIF info request;email re
Barrington;Ben Roeqer recent TIF Report schedules
02/18/2014 Legal Documents Matthes IC2 calculations-emails/w Karl,Jenny and Dave re: 2.25 350.00 787.50
aggregation of unpaid$17 MM,priority,and how to
account for in the calculalior
02/19/2014 Correspondence Amspaugh Call w Co Auditors office re residential parcel additions 0.50 220.00 110.00
issue
02/19/2014 Correspondence Matthes TIF Report for NBol-email Hammer,Cordray 0.25 350.00 87.50
02/19/2014 Correspondence Matthes Emails re:Barrington TIF,PILOTs,etc;article in 1.00 350.00 350.00
Current in Carmel
02/20/2014 Correspondence Amspaugh Email Doug Haney&Karl Hass regarding the 1.00 220.00 220.00
Barrington PILOT ordinance
02/21/2014 Financial Development-RevleA Amspaugh Review WSH summary of secondary village ICs 1.25 220.00 275.00
02/24/2014 Financial Development-Prep Amspaugh Email Mike Hollibaugh,Steve and Bruce regarding TIF 0.25 220.00 55.00
Maps
02/24/2014 Correspondence Amspaugh Call w Lee Graham re TIF Maps 0.50 220.00 110.00
02/24/2014 Financial Development-Prep Amspaugh Review TIF Maps on GIS 0.75 220.00 165.00
02/25/2014 Financial Development-Prep Amspaugh Emails w Mike Lee,Bill Hammer and Loren re Carmel 0.50 220.00 110.00
TIF issues re Maps and the Barrington
02/25/2014 Financial Development-Prep Amspaugh Email to Wkg Grp re Barrington 2.00 220.00 440.00
02/26/2014 Financial Development-RevieH Amspaugh Review Pedcor schedules 0.75 220.00 165.00
02/28/2014 Correspondence Amspaugh Email to Jenny and Karl re comments to the SICs 0.50 220.00 110.00
summary and chart
03/03/2014 Financial Development-Prep Amspaugh Discussion w Loren re TIF Report and outstanding 1.75 220.00 385.00
issues (385.00)
03/03/2014 Teleconference Matthes Bruce D re:Barrington 0.25 350.00 87.50
03/04/2014 Financial Development-Prep Amspaugh Review The Bridges TIF Map;TIF AR 2.25 220.00 495.00
03/04/2014 Legal Documents Matthes Cindy question/review-Merchants Sq.bond funds/TIF 0.25 350.00 87.50
and Revenue Deposit Agreement
03/04/2014, Correspondence Matthes Emails from and to Cindy and Bruce re: Merchants Sq. 0.50 350.00 175.00
bond funds/TIF and Revenue Deposit Agreemen
03/04/2014 Legal Documents Matthes Emails from Jenny Shoup re: VF 2nd ICs-responses 1.00 350.00 350.00
to Heidi's comments/questions
03105/2014 Financial Development-Prep Amspaugh Disc w Loren re TIF Report,Outstanding issues,and 2.00 220.00 440.00
Refundings;Email w Mike Lee HJU contract
03105/2014 Legal Documents Matthes Discuss Jenny Shoup-WSH latest email on 2nd ICs- 0.50 350.00 175.00
monthly interest calculation,bond years,TIF timing...w
HLA and outstanding issues to resolve
03/06/2014 Correspondence Matthes Emails w/Luci re:Barrington 0.50 350.00 175.00
03/10/2014 Correspondence Amspaugh The Bridges map email and map comparison and 1.50 220.00 550.00
review;The Barrington review and email;Call w Lee
Graham
03/10/2014 Financial Development-Prep Amspaugh Disc w Loren re RSICs summary for meeting at 2.25 220.00 715.00
Pedcor;Pull docs for Mtg
03/10/2014 Correspondence Matthes More communications about Barrington-Shaver and 1.00 350.00 350.00
the Resolution,TAA vs EDA,PILOT pymts,etc.;
Carmel TIF Maps-Bridges-Auditor,City maps,
etc.and Shaver email
Carmel RDC IN-2014 TIF Mgmt
Invoice Supporting Detail
Re: TIF Management and Monitoring Services
Adjust
Date Service Description Employee Memo Hours Rate WIP Amt Net
03/10/2014 Financial Development-Prep Matthes Secondary IC's-working with HLA and Andy on the 2.00 350.00 700.00
Summary and Payment Calculation form to provide to
the Clerk-Treasurer-reviewing Jenny's summary and
schedule and payment description-noting changes
and comments in DreD for meelino on 3111
03/10/2014 Financial Development-Prep Stanley Parcel lookup via GIS 0.50 120.00 60.00
03/11/2014 Financial Development-Prep Amspaugh Mtg w Pedcor folks and Wallack Somers Haas at 4.00 220.00 880.00
Pedcor to disc RSICs;Drive to/from;The Bridges Map
review compared to Dec.Res
03/11/2014 Financial Development-Prep Matthes 2nd IC's-Prep for meeting-reviewing legal doc's, 1.00 350.00 350.00
summary,and schedules;preparing questions,etc
03/11/2014 Meeting Matthes Secondary IC's-Meeting w/KPH and Pedcor to work 1.00 350.00 350.00
on Summary and Payment Calculation form to provide
to the Clerk-Treasurer
03/1212014 Financial Development-Prep Amspaugh The Bridges research and summary to Loren;Call w 0.50 220.OD 110.00
Lee Graham;Disc w Loren
03/12/2014 Financial Development-Prep Matthes Research and prepare email to WG re: TIF Maps and 2.50 350.00 875.00
County GIS system/Auditor tracking;Illinois St.TAA
and The Bridges development;change in residential
parcels and TIF databases and calculation-need to
revisit Carmel TIF maps;additional emails w Shaver
and WG
03/13/2014 Correspondence Amspaugh 2nd Ics:Ell parcel listing update review 1.75 220.00 385.00
03/20/2014 Financial Development-Prep Matthes Cindy/Lee re:Carmel TIF debt for County CAFF 0.50 350.00 175.00
03/21/2014 Financial Development-Prep Amspaugh Pedcor summary review 1.25 220.00 275.00
03/21/2014 Teleconference Mafthes Lee Graham 0.25 350.00 87.50
03/21/2014 Correspondence Mafthes To Council re:Bridges,map,etc. 0.50 350.00 175.00
03/21/2014 Correspondence Matthes Come Meyer 0.50 350.00 175.00
03121/2014 Financial Development-Prep Matthes Pedcor ICs 0.50 350.00 175.00
03/24/2014 Financial Development-Prep Amspaugh Review CFAR debt detail;Call w Cindy Sheek: 2.50 220.00 550.00
03/24/2014 Teleconference Mafthes Cindy Sheeks 0.50 350.00 175.00
03/24/2014 Financial Development-Prep Mathes Carmel TIF Debt detail-for CAFR,for Cindy;Mayor's 1.00 350.00 350.00
email re:CRC budget;HJU questions,info to discuss
w/CRC rep's
03/25/2014 Financial Development-Prep Amspaugh Review and update of CAFR debt 0.75 220.00 165.00
03/26/2014 Meeting Amspaugh Meeting w Karl Haas,Ryan Wilmering and Bruce 1.25 220.00 275.00
Donaldson re:Developer obligations and 2014
Legislation;Send Lee CAFR debt update
03/26/2014 Financial Development-Prep Amspaugh 2013 vs 2014 comparison of TIF estimates;Disc w 1.50 220.00 330.00
03/31/2014 Financial Development-Prep Amspaugh 2013 vs 2014 CRC Revenues comparison 5.00 220.00 1,760.00
04/01/2014 Financial Development-Prep Amspaugh New Developments listing,etc.for Mtg w Mayor and 3.00 220.00 715.00
Come
04/02/2014 Financial Development-Review Amspaugh Review 2014 CRC dashboardlbudgel 1.00 220.00 550.00
04/03/2014 Teleconference Amspaugh Call w Come and Mike Lee re:2014 Dashboarc 0.50 220.00 110.00
04/10/2014 Financial Development-Prep Amspaugh Email w Lee,Ryan Wilmering and Ben Roeger re 0.25 220.00 55.00
Tenant Rent taxes
04122/2014 Correspondence Mafthes Email response and draft TIF report to Nancy Heck et 0.50 350.00 175.00
at responding to Shaver questions
05/0212014 Travel Matthes 0.50 350.00 175.00 (175.00)
05/02/2014 Meeting Matthes Meeting w/Come re:TIF-new development plans- 1.50 350.00 525.00
Pedcor-City Center next phases,Midtown Project,Civic
Theater purchase of space,TIF estimatelmpacts-Ed
Rose 90/10.Proiect Blue,etc.
05/06/2014 Teleconference Matthes Corrie-questions 0.25 350.00 87.50
05/06/2014 Financial Development-Prep Matthes Info for Come 0.75 350.00 262.50
05/07/2014 Financial Development-Prep Matthes More questions from Corrie from Shaver 0.50 350.00 175.00
05109/2014 Correspondence Matthes More questions from Corrie from Shaver-to WSH re: 0.50 350.00 175.00
installment contracts,etc.
05/12/2014 Financial Development-Prep Matthes Reviewing revised Summary of Pedcor 2nd ICs and 0.50 350.00 175.00
payment calculation instructions
05/14/2014 Teleconference Matthes Questions-Come 0.50 350.00 175.00
05/14/2014 Financial Development-Prep Matthes Summary and Payment Calculation and Spreadsheet 2.00 350.00 700.00
for(Pedcor)VF 2nd ICs-reviewing,revising and email
to Corrie at at
05115/2014 Financial Development-Prep Mafthes Reviewing revised Summary of Pedcor 2nd ICs and 1.00 350.00 350.00
payment calculation instructions
05/16/2014 Correspondence Matthes Email Mike Lee re:refundings,COIT,TIF savings 0.25 350.00 87.50
Reserve
05/19/2014 Correspondence Matthes Update Corrie on status of a variety of CRC projects 0.25 350.00 87.50
05/30/2014 Financial Development-Prep Matthes Read questions/from Shaver to Come;email from Rich 0.50 350.00 175.00
Starkey re:Lofts B Bonds and Keystone payments
06/0212014 Teleconference Matthes Return call to Rick Sharp-question about TIF 0.25 350.00 87.50
estimates
06102/2014 Correspondence Matthes Communications re:questions from Shaver,TIF 0.25 350.00 87.50
Report,schedule meeting,etc.
Carmel RDC IN-2014 TIF Mgmt
Invoice Supporting Detail
Re: TIF Management and Monitoring Service:
Adjust
Date Service Description Employee Memo Hours Rate WIP Amt Net
06/03/2014 Correspondence Mafthes Communications w/Corrie-providing Documentation 0.50 350.00 175.00
to C-T on 2nd IC's(Pedcor)
06/06/2014 Correspondence Matthes Communications w/Luci re:upcoming meeting on 1.00 350.00 350.00
RevDeposit Agreement,etc.;email re:meeting-
Shaver/Cordray debt transparency
06/10/2014 Financial Development-Prep Stanley Discussing Pedcor schedules with HLA 0.50 120.00 60.00
06/11/2014 Correspondence Matthes Indy Star questions forwarded from Dan McFeely re: 0.50 350.00 175.00
4CDC;responses from WSH-Ryan
06/11/2014 Teleconference Mafthes Bill Hammer 0.50 350.00 175.00
06/17/2014 Meeting Amspaugh CRC Financial Committee Mtg w Diana,Mike Shaver, 1.50 220.00 330.00
Come,CRC members,etc.re various topics
06/17/2014 Travel Mafthes 0.50 350.00 175.00
06/17/2014 Meeting Mafthes Meeting w/CRC Director and Finance Committee,C-T, 1.75 350.00 612.50
Luci,etc.
06/18/2014 Meeting Amspaugh CRC Executive Session Mtg:Disc w TIF Report draft 1.75 220.00 385.00
and Edward Rose project;Drive to/from
06/18/2014 Correspondence Matthes Emails-Shaver,Come 0.50 350.00 175.00
06/19/2014 Financial Development-Prep Amspaugh Comparison of 2013 Bonds AR vs TIF Report 0.50 220.00 110.00
numbers;Disc wAndy;Summary to Lorer
06/20/2014 Umbaugh Reports-Review Malone Reviewed report 2.00 400.00 800.00 (800.00)
06/23/2014 Correspondence Matthes WG Meeting Follow-up-B&T(Bruce)email and legal 2.00 350.00 700.00
documents responding to questions from WG meeting
on 6/17 and additional emails responding to questions
from Shaver regarding Developer portions and
Developer Agreements and Revenue Deposit
Agreement;additional emails-Corrie ONLY re:
Developer Agreements,Revenue Deposit Agreement,
etc.
06/24/2014 Correspondence Matthes Discuss Current in Cannel article on IC's and language 0.25 350.00 87.50
describing deferred interest and Principe
06/27/2014 Correspondence Matthes Eric Seidensticker email re:Other Revenues and 0.50 350.00 175.00
previous emails w/Bruce D.regarding Revenue
Deposit Aqreement flow of funds,etc;email Corrie
06/30/2014 Financial Development-Prep Mouser Info for neutralizations 0.50 120.00 60.00
07/01/2014 Financial Development-Prep LeRoy 2015 Neutralizations. 0.75 60.00 45.00
07/02/2014 Correspondence Matthes Respond to Corrie email-C-T/Shaver questions about 1.50 350.00 525.00
defeasance of bonds,developer pass-through TIF
listinq table,RDA Ordinance,etc.
07/07/2014 Teleconference Matthes Call from Luci Snyder and Cindy Sheeks about the 0.50 350.00 175.00
defeasance of the MS and Parkwood TIF Bonds;and
the COIT refunding bonds savings;send Luci and
Cindy an email on the COIT refunding bonds savings
and schedule.
07/07/2014 Legal Documents Matthes Review Council Ordinance D-2172-14 re:Revenue 1.25 350.00 437.50
Deposit Fund in connection with the Revenue Deposit
Agreement-identify Section 1 errors and other
concerns with CRC cash flow and management;email
Corrie and Bruce:email from Corrie to CRC
07/08/2014 Financial Development-Prep Amspaugh Verification of RSICs payment calculalior 2.00 220.00 440.00
07/08/2014 Financial Development-Prep Matthes Discuss w/HLA CRC work: Pedcor 2nd ICs loan 0.50 350.00 175.00
payment calculation,The District-ED Rose TIF Area
separation,Parcel 5 TIF Bond FS,etc. -
07/09/2014 Financial Development-Prep Amspaugh Pedcor RSICs calculation 0.75 220.00 165.00
07/09/2014 Financial Development-Prep Mouser Neutralization;discuss w/EES 0.75 120.00 90.00
07/09/2014 Financial Development-Prep Sharkey 2015 Neutralizations 2.50 120.00 300.00
07/10/2014 Financial Development-Prep Amspaugh TIF Neutralizations;-Email/Calls w Auditors office;Disc 1.50 220.00 330.00
w Emily
07/10/2014 Financial Development-Prep Sharkey 2015 Neutralizations-Parcel Comparisons 7.00 120.00 840.00
07/11/2014 Financial Development-Prep Amspaugh Neutralizations 0.75 220.00 165.00
07/11/2014 Financial Development-Prep Sharkey 2015 Neutralizations-Abatements and New Growtt 1.50 120.00 180.00
07/14/2014 Financial Development-Prep Amspaugh Parkwood Bonds defeasance email to Bruce;Email to 0.50 220.00 110.00
Corrie&Mike Lee re RSICs interest calculation
verification
07/14/2014 Financial Development-Prep Matthes Responding to questions from Mike Shaver to Corrie 1.00 350.00 350.00
re:TIF est.and O.S.schedule,and questions about
Parkwood Bond defeasance;emails from Bruce re:call
date in 2016 and escrow.SLGs,etc.
07/14/2014 Correspondence Mouser Neutralizations 0.25 120.00 30.00
07/15/2014 Legal Documents Matthes Review and discuss documents relating to the Revenue 3.00 350.00 1,050.00
Deposit Agreement and flow chart-Ordinance,Policy
Memo from Shaver/CT;discuss errors,confusion,
concerns and changes with Come,follow-up w/email
to Come and Bruce
07/16/2014 Legal Documents Matthes Documents relating to the Revenue Deposit Agreement 0.25 350.00 87.50
and flow chart-Bruce email
07/16/2014 Financial Development-Prep Sharkey 2015 Neutralization-revised p15 databases 0.75 120.00 90.00
Carmel RDC IN-2014 TIF Mgmt
Invoice Supporting Detail
Re: TIF Management and Monitoring Services
Adjust
Date Service Description Employee Memo Hours Rate WIP Amt Net
07/18/2014 Financial Development-Prep Sharkey 2015 Neutralization-Updating revised databases 0.50 120.00 60.00
07/21/2014 Financial Development-Prep Amspaugh Parkwood databases for Ken Rogers;Disc w Loren re 0.50 220.00 110.00
Ken Rogers and appeals
07/21/2014 Teleconference Matthes Corrie re:responses to questions regarding HJU TIF 0.25 350.00 87.50
Report and TIF assumptions
07/21/2014 Correspondence Matthes Ken Rogers from Duke Realty-send Parkwood TIF 0.25 350.00 87.50
DB
07/21/2014 Teleconference Matthes Ken Rogers from Duke Realty re:appeals, 0.50 350.00 175.00
assessments,appraisals,parking garage and future
TIF from 2 new Parkwood buildings,proposed 90/10
split oav-as-you-qo:send TIF DB,etc.
07/21/2014 Financial Development-Prep Mouser 0.50 120.00 60.00 (60.00)
07/22/2014 Correspondence Matthes Email from Come with reporter question on CRC debt; 1.00 350.00 350.00
question about whether terms were extended in the
2012 refinancing-research 2012 file for 21 obligations,
matudties,etc.that were refinanced in 2012,and
respond to Come
07/22/2014 Financial Development-Prep Mouser Info for LMM(re:2012 refs term) 0.75 120.00 90.00
07/23/2014 Financial Development-Prep Amspaugh TIF Neutral 0.50 220.00 110.00
07/23/2014 Meeting Amspaugh Mtg w Mayor and Corrie 2.50 220.00 550.00
07/24/2014 Financial Development-Prep Matthes TIF graph for Corrie and TIF Report Summary draft 0.50 350.00 175.00
from Corrie-comments to Corrie
07/25/2014 Financial Development-Prep Matthes Working with HLA on graph TIF,Ob's and Reserve 1.00 350.00 350.00
07/25/2014 Financial Development-Prep Sharkey 2015 Neutralization-update with new p15 database: 1.50 120.00 180.00
07/28/2014 Correspondence Matthes Email TIF graph to Mayor to send to IBJ 0.25 350.00 87.50
07/28/2014 Financial Development-Prep Matches Come's 1-pg summary on 5/29/14 HJU TIF Report- 0.75 350.00 262.50
reviewing,editing and embellishinc
07/28/2014 Financial Development-Prep Sharkey 2015 Neutralization-new databases 0.25 120.00 30.00
07/29/2014 Financial Development-Prep Matthes IBJ reporter questions -Nancy Heck 0.50 350.00 175.00
07/29/2014 Financial Development-Prep Matthes Question from SBA Audit re:2012 Bond proceed 1.00 350.00 350.00
expenditures-researching
07/30/2014 Teleconference Matthes Conf.call w/Reporter re:TIF graph,etc. 1.00 350.00 350.00
08/01/2014 Correspondence Matthes Read IBJ article and follow-up/w Nancy,Cords 0.25 350.00 87.50
08/03/2014 Financial Development-Prep Amspaugh TIF Neutral review;Email Auditor w Questions 4.50 220.00 990.00
08/04/2014 Financial Development-Prep Amspaugh Neutralizations 1.50 220.00 330.00
08/04/2014 Financial Development-Prep Matthes Request by St.Bd of Accts Auditor-2012 Bond 1.00 350.00 350.00
proceeds expenditure detail info-email w/explanation
to Corrie;discuss TIF Neutralization and parcel change
info from Lee
08/04/2014 Correspondence Mouser Neutral;Sophia Pointe;other 0.75 120.00 90.00 (90.00)
08/04/2014 Financial Development-Prep Sharkey 2015 Neutralization 1.25 120.00 150.00
08/05/2014 Financial Development-Prep Mouser Various prep for/wrap up from mtg. 2.00 120.00 240.00 (240.00)
08/05/2014 Financial Development-Prep Sharkey 2015 Neutralization 0.50 120.00 60.00
08/06/2014 Financial Development-Prep Amspaugh Neutralization 2.00 220.00 440.00
08/06/2014 Correspondence Mouser Neutralization 0.25 120.00 30.00
08/06/2014 Financial Development-Prep Sharkey 2015 Neutralization 0.25 120.00 30.00
08/07/2014 Financial Development-Prep Amspaugh Neutralizations;Residential issues;Call w Audito 1.00 220.00 220.00
08/07/2014 Financial Development-Prep Mouser TIS;Sophia Pointe;Mayor talking points 1.50 120.00 180.00 (180.00)
08/07/2014 Financial Development-Prep Sharkey 2015 Neutralization-Legacy 2.50 120.00 300.00
08/11/2014 Financial Development-Prep Amspaugh Legacy TIF Area disc w Rich Starkey&Loren;Email to 1.25 220.00 275.00
Wkg Grp about removing Residential;Disc w Loren re
TIF Neutralizations
08/11/2014 Correspondence Matthes Re-email Umbaugh 12/27/12 and 5/29/14 TIF Reports 0.50 350.00 175.00
to Rick Sharp(per his request);respond to Mike
Shaver questions about 2004A Bonds and 2006 COIT
Bond payments from TIF and RDA
08/11/2014 Financial Development-Prep Matthes Discuss base neutralizations and particularly the 1.00 350.00 350.00
Legacy TIF Area-residential TIF problems,
developments,potential change of TIF Area to remove
residential parcels,etc.
08/11/2014 Correspondence Mouser Ed Rose,Parcel 5,other 2.50 120.00 300.00 (300.00)
08/12/2014 Financial Development-Prep Amspaugh Legacy Residential parcels to be removed 1.00 220.00 220.00
08/12/2014 Financial Development-Review Amspaugh Review neutralizations 1.00 220.00 220.00
08/12/2014 Correspondence Matthes Respond to Luci's questions about developer TIF splits 0.50 350.00 175.00
and BIG TIF-CRC projections
08/12/2014 Financial Development-Prep Mouser Various 0.75 120.00 90.00 (90.00)
08/1212014 Financial Development-Prep Sharkey 2015 Neutralization-Appeals and Residential Parcel: 1.50 120.00 180.00
08/13/2014 Financial Development-RevieH Amspaugh Neutralization review 0.50 220.00 110.00
08/13/2014 Financial Development-Prep Amspaugh Projects discussion with Loren;Carmel MCDC;TIF 2.25 220.00 495.00
Neutralizations;Legacy removing residential parcels;
Mike Hollibaugh's email re Shaver's information
request:Soohia Square parking garage TIF Calc
08/13/2014 Financial Development-Prep Matthes (Come requested)-Analysis on Sophia Square Garage 0.50 350.00 175.00
TIF Taxes vs CRC payments
Carmel RDC IN-2014 TIF Mgmt
Invoice Supporting Detail
Re: TIF Management and Monitoring Services
Adjust
Date Service Description Employee Memo Hours Rate WIP Amt Net
08/13/2014 Financial Development-Review Matthes TIF Neutralizations-discuss and sign-off;discuss 0.50 350.00 175.00
amendment to Legacy TIF Area w/Heidi-related
emails
08/13/2014 Correspondence Mouser Various 1.50 120.00 180.00 (180.00)
08/13/2014 Financial Development-Prep Sharkey 2015 Neutralization 0.75 120.00 90.00
08/14/2014 Financial Development-Prep Amspaugh Carmel Legacy Declaratory Resolution review;Sent out 0.75 220.00 165.00
Neutralizations
08/14/2014 Legal Documents Matthes Review and discuss Carmel MCDC compliance 1.00 350.00 350.00
schedules (350.00)
08/14/2014 Correspondence Mouser Various 0.75 120.00 90.00 (90.00)
08/15/2014 Financial Development-Prep Amspaugh TIF Allocation Area listing to Rick Sharp;MCDC 0.50 220.00 110.00
Summaries to Bruce Donaldson
08/15/2014 Financial Development-Prep Mouser Various 4.75 120.00 570.00 (570.00)
08/1812014 Financial Development-Prep Amspaugh MCDC Summary 4.00 220.00 880.00 (880.00)
08/18/2014 Financial Development-Prep Mouser Travel-various-parcel 5,olivia on main/sophia 1.25 120.00 150.00
pointe,MCDC (150.00)
08/18/2014 Meeting Mouser Meetings-various-parcel 5,olivia on main/sophia 2.75 120.00 330.00
pointe,MCDC (330.00)
08/18/2014 Financial Development-Prep Mouser Various-parcel 5,olivia on main/sophia pointE 6.00 120.00 720.00 (720.00)
08/19/2014 Financial Development-Prep Mouser Various 0.50 120.00 60.00 (60.00)
08/20/2014 Meeting Matthes CRC mtg-Resolution-Legacy TIF Residential Parcel 0.25 350.00 87.50
Elimination
08/20/2014 Financial Development-Prep Mouser Various;Parcel 5 conf call 3.25 120.00 390.00 (390.00)
08/21/2014 Financial Development-Prep Amspaugh Sophia Square Parking Garage TIF Calc and Email to 1.00 220.00 275.00
Wkg Grp
08/21/2014 Legal Documents Matthes Legacy TIF Residential Parcel Elimination-Impact- 0.25 350.00 87.50
Starkey
08/21/2014 Correspondence Matthes Analysis of Sophia Sq.garage exemption,TIF loss-to 0.25 350.00 87.50
Corrie and Karl from HLA
08/22/2014 Financial Development-Prep Amspaugh Call w Auditors office re Legacy TIF Area adjustments 1.00 220.00 220.00
08/2212014 Financial Development-Prep Mouser Various-parcel 5;legacy;neutral;other 2.75 120.00 330.00 (330.00)
08/22/2014 Financial Development-Prep Sharkey Review of Post Neutral Databases 1.00 120.00 120.00
08/25/2014 Financial Development-Prep Amspaugh Review post neutral TIF Databases 2.25 220.00 495.00
08/25/2014 Correspondence Matthes Piper Jaffray letter to Rob Bush re:MCDC;email 0.50 350.00 175.00
explanation to Rob and Mayoi
08/25/2014 Correspondence Mouser Post-neutral 0.25 120.00 30.00
08/25/2014 Financial Development-Prep Sharkey Post-Neutralization Database comparisor 0.50 120.00 60.00
08/26/2014 Financial Development-Prep Amspaugh Review Post Neutral TIF Databases 1.25 220.00 275.00
08/26/2014 Financial Development-Prep Matthes HLA-comparison of pay 2015 to 5/29/14 TIF Report 0.50 350.00 175.00
08/26/2014 Correspondence Mouser MCDC;post-neutral 0.75 120.00 90.00 (90.00)
08/27/2014 Correspondence Mouser Refunds;MCDC 0.50 120.00 60.00 (60.00)
08/28/2014 Correspondence Mouser Re:MCDC 0.75 120.00 90.00 (90.00)
09/04/2014 Financial Development-Prep Mouser CD catch up filings tech review;appeals 0.75 120.00 90.00 (90.00)
09/08/2014 Correspondence Mouser Re:budgets 0.50 120.00 60.00
09/11/2014 Teleconference Matthes Luci Snyder re:CRC budget and Council;question 0.50 350.00 175.00
about Thomson TIF(County Commissioner wants to
fund bus);discuss potential shortfall and notify BCC
09/11/2014 Financial Development-Prep Mouser Future developments for Alexia;certified NAVs 1.00 120.00 120.00
09/19/2014 Correspondence Mouser Appeals,refunds 0.25 120.00 30.00
09/2212014 Legal Documents Matthes New CRC Fiscal Policy Resolutior 0.25 350.00 87.50
09/26/2014 .Financial Development-Prep Matthes Info for Mayor(on Bonds and TIF/CRC Revenues)Ws, 1.00 350.00 350.00
_ graphs etc in prep for his interview w/Channel 8;calls;
discuss wl Andy,etc.
09/30/2014 Correspondence Matthes Responding to questions from Chris Sikich-Indy Star 1.50 350.00 525.00
re:other CRC Revenues and past HJU Reports-
research 2010 and 2012 reports and respond;also
email Mayor,Nancy.Corrie
Sub-total 278.25 70,185.00 (6,700.00)
Total $63,485.00
Prescribed by State Board of Accounts City Form No.201(Rev.1995)
ACCOUNTS PAYABLE VOUCHER
CITY OF CARMEL
An invoice or,bill to-be properly itemized must show: kind of service; where performed, dates service rendered, by
whom,rates per day, number of hours, rate per hour, number of units, price per unit, etc.
Payee.
Purchase Order No.
35 K�none' Crnyrng ;Suite 300 Terms
xhd�Antlao�rl�x� �'� 2�a-2687
Date Due
Invoice Invoice Description Amount
Date -Number (or note attached invoice(s) or bill(s))
2�1 137 5 T Fn n'4m rjscrvi 6 3 5.06
Total
I hereby certify that the attached invoice(s), or bill(s), is (are) true and correct and I have audited same in accor-.:
dance with IC 5-11-10-1.6.
, 20
Clerk-Treasurer
VOUCHER NO. WARRANT NO.
ALLOWED 20
H. J, U
IN SUM OF $
8365 Kc F�nQ :Cr � � Sui�c3o0
l ij 2 0 z 0
$ 63, SBS ab
ON ACCOUNT OF APPROPRI.ATION FOR
ZAK--
Board Members
PO# INVOICE NO. ACCT#/TITLE AMOUNT
DEPT.. I hereby certify that the attached invoice(s),
�� 13765 �F3 n303 514d0•`�® or bill(s) is (are) true and correct and that
D J E W 4*0400 the materials or services itemized thereon
for which charge is made were ordered and
received except
Irj=20f y'
Si at re
Cost distribution ledger classification if Title
claim paid motor vehicle highway fund