HomeMy WebLinkAbout240466 12/16/14 CITY OF CARMEL, INDIANA VENDOR: 00351368
ONE CIVIC SQUARE WALLACK SOMERS & HAAS PC CHECK AMOUNT: $****36,003.88*
CARMEL, INDIANA 46032 ONE INDIANA SQUARE CHECK NUMBER: 240466
+djir`oii.ia= SUITE 2300 CHECK DATE: 12/16/14
INDIANAPOLIS IN 46204
DEPARTMENT ACCOUNT PO NUMBER INVOICE NUMBER AMOUNT DESCRIPTION
902 4460802 22542 3,544.50 PEDCOR
902 4460807 22545 69.50 PERFORMING ARTS CENTE
902 4460807 22547 556.00 PERFORMING ARTS CENTE
902 4460892 22548 921.50 APOSTOLIC CHURCH SITE
902 4460810 22550 7,089.00 SHAPIRO'S
902 4460805 22551 23,823.38 RETAIL SITE #5
Wallack Somers & Haas, P.C.
One Indiana Square
Suite 2300
Indianapolis, IN 46204
Phone: 317/231-9000 Fax: 317/231-9900
City of Carmel Nov 07, 2014
Carmel Redevelopment Commission
30 West Main Street, Suite 220 Matter: carmparce12
Carmel,IN 46032
Inv #: 22542
Attention: Mike Lee
RE: Parcel
DATE EXPLANATION ATTY HRS
Oct-10-14 Emails with R. Brown, M. Lee, and C. Meyer regarding JRS 0.20
Parking Agreement.
Review and revise Parking Agreement and send to C. Meyer JRS 0.20
and M. Lee.
Oct-13-14 Emails with M. Lee,R. Brown,and J. Rivera regarding JRS 0.20
exhibits to Parking Agreement.
Review exhibits to Parking Agreement from J. Rivera. JRS 0.30
Oct-24-14 Draft Kent Building Project Agreement; Review Project JRS 3.20
Agreement being superseded in connection therewith.
Draft Office Building Project Agreement; Review Project JRS 1.80
Agreement being partly superseded in connection therewith.
Oct-25-14 Draft Kent Building PIAfT and Office Building PIATT. JRS 1.30
Review and revise Kent Building Project Agreement and JRS 0.40
Office Building Project Agreement.
Oct-26-14 Telephone call with K. Haas regarding Office Building and JRS 0.30
Kent Building Completion Guaranties.
Draft Office Building and Kent Building Completion JRS 1.00
Guaranties.
Oct-27-14 Emails C: Meyer regarding Kent Building and Office JRS 0.20
Building Doctim6fits.
Review and revise Kent Building and Office Building JRS 0.40
Project Agreements and Completion Guaranties.
Telephone call with K. Haas regarding P.IATT provisions; JRS 0.70
Review and revise Kent Building and Office Building
PIATTs to.remove text regarding possible variable rate.
Totals 10.20
Total Fees` $3,544.50
Total Disbursements $0.00
Total Fees and Disbursements $
3 544.50
Previous Balance $3,127.50
Previous I ayments $1,702.75
Balance ue Now $4,969.25
Wallack Somers & Haas, P.C.
One Indiana Square
Suite 2300
Indianapolis, IN 46204
Phone: 317/231-9000 Fax. 3 17/231-9900
City of Carmel Nov 07, 2014
Carmel Redevelopment Commission
30 West Main Street, Suite 220 Matter: carmparcel5
Carmel,IN 46032 Inv #: 22551
Attention: Mike Lee
RE: Parcel
DATE EXPLANATION ATTY HRS
Sep-26-14 Emails with C. Meyer regarding Exhibits to Amendment to JRS 0.10
Remainder Project Agreement.
Sep-29-14 Attend to emails regarding financing structure. JRS 0.20
Emails with C. Meyer regarding Excess Existing JRS 0.80
Improvements Increment and Nash streetscape.
Draft termination of Replacement SIC Two. JRS 0.90
Draft amendment of Replacement SIC One. JRS 0.40
Sep-30-14 Draft amendment to Replacement SIC One. JRS 1.30
Oct-04-14 Advise regarding project scheduling and financial planning; KPH 0.90
Extended memo and email to C. Meyer.
Oct-06-14 Emails regarding Park East financing. JRS 0.20
Emails with B. Donaldson regarding Park East Project JRS 0.20
Agreement and bond documents; Send Park East Project
Agreement to B. Donaldson.
Emails with C. Meyer and K..Haas regarding Exhibits to JRS 0.20
Amendment to Remainder Project Agreement.
Review and revise Park East Project Agreement. JRS, 0.80
Oct-07-14 Meeting preparation; Review notes and file. KPH 0.30
Pre-meeting conference with C. Meyer. KPH 0.10
Weekly projects meeting with C. Meyer, B. Cordingley, and KPH 0.80
Pedcor projects team:Attend to open deal and refinancing
issues,PIATTs,carve-out parcels, legal descriptions,design
services, and refinancing rate buy-down;Negotiate open
issues.
Emails with C. Meyer regarding land swap. JRS 0.20
Oct-08-14 Review and revise Termination of Replacement SIC Two and JRS 0.50
Amendment to Replacement SIC One.
Oct-09-14 Multiple emails with R. Brown,L. Siler, and L. Mathes JRS 0.30
regarding allocation of$L I M against amounts due under
Replacement SICs.
Revise Amendment to Replacement SIC One. JRS 0.30
Review and revise Park East Project Agreement. JRS 0.70
Oct-13-14 Attend to PIATT Guaranty lien security and enforcement KPH 1.80
issues; Outline terms to address each issue.
Emails with A. Mouser and L. Siler regarding allocation of JRS 0.20
amounts against Replacement SIC One.
Review and revise Amendment to Replacement SIC One. JRS 0.60
Oct-14-14 Consider deal alternatives;Test levels of protection;Note KPH 1.20
test results.
Emails with L. Siler regarding allocation of amounts against JRS 0.10
Replacement SIC One.
Review and revise Amendment to Replacement SIC One. JRS 0.20
Oct-15-14 Initial review of resolutions. KPH 0.40
Emails with C. Meyer and R. Brown regarding location and JRS 0.20
ownership of parcels to be conveyed to Pedcor.
Conference with R. Wilmering regarding conveyance parcels JRS 0.20
in preparation for R. Wilmering attending CRC meeting.
Review and revise Land Swap Agreement. JRS 0.10
Oct-16-14 Discuss Pedcor bond transaction with J. Shoup. RRW 0.25
Oct-17-14 Review and comment on draft resolutions for CRC and JRS 0.30
Council with respect to bond issuance.
Oct-20-14 Emails with B. Donaldson and B. Bingham regarding City JRS 0.20
Council and CRC resolutions.
Draft Baldwin Component Project Agreement;Review JRS 1.90
Remainder Project Agreement and Park East Project
Agreement in connection therewith.
Draft Baldwin Component PIATT; Review Park East PIATT SRS 1.50
in connection therewith.
Oct-21-14 Meet with C. Meyer: discuss Park East Project Agreement. JRS 0.20
I
Attend weekly meeting with Pedcor Group: discussion JRS 1.00
regarding financing,drafts of documents, schedule, Exhibit
to Remainder Project Agreement with construction dates,
process of Council, engineers, and land swap legals.
Follow up on meeting issues. JRS 0.50
Review and revise Baldwin Component Project Agreement; JRS 2.20
Draft Chambers Component Project Agreement.
Review and revise Baldwin Component PIATT; Draft JRS 1.00
Chambers Component PIATT.
Oct-22-14 Attend to items and information required for refinancing KPH 0.30
approval; Calls and emails.
Prepare list of documents to be provided to council in JRS 0.20
connection with financing.
Review and revise Agreement regarding Replacement SIC JRS 0.80
One.
Review and revise Park East Project Agreement. JRS 0.70
Review suggested insert to Park East Project Agreement. JRS 0.80
Multiple emails regarding financing and Park East Project JRS 0.30
Agreement.
Review and revise Baldwin Component Project Agreement JRS 1.90
and Chambers Component Project Agreement; Draft Playfair
Component Project Agreement.
Review and revise Baldwin Component PIATT and JRS 0.90
Chambers Component PIATT; Draft Playfair Component
PIATT.
Oct-23-14 Emails with B. Bingham and L. Mathes regarding JRS 0.20
determination of Assumed Principal Amount.
Review and revise Land Swap Agreement and send to C. JRS 0.80
Meyer.
Review and revise Agreement regarding Replacement SIC JRS 0.30
One and send.to C. Meyer.
Review and revise Amendment to Remainder Project JRS 0.30
Agreement and send to C. Meyer
Review and revise Temporary Easement Agreement and send JRS 0.60
to C. Meyer.
Review and revise Park East Project Agreement and send JRS 0.30
out.
Review and revise Baldwin Component Project Agreement, JRS 2.20
Chambers Component Project Agreement, and Playfair
Component Project Agreement;Draft Windsor Component
Project Agreement.
Draft Wren Component Project Agreement. JRS 1.20
Oct-24-14 Review and revise Baldwin Component Project Agreement, JRS 0.60
Chambers Component Project Agreement,Playfair
Component Project Agreement,Windsor Component Project
Agreement, and Wren Component Project Agreement.
i
i
Review and revise Baldwin Component PIATT, Chambers JRS 1.90
Component PIATT, and Playfair Component PIATT; Draft
Windsor PIATT and Wren PIATT.
Draft Holland Project Agreement and Holland PIATT; JRS 2.20
R J �
Review other Project Agreements and PIATTs in connection
therewith.
Update document list. JRS ! 0.20
Oct-25-14 Multiple emails with C. Meyer,R. Brown, and K. Haas JRS ; 0.50
regarding documents to be provided to Council.
Review and revise all Component PIATTs and Project JRS 1 0.90
Agreements.
Draft Second Component Completion Guaranty. JRS I 1.30
Oct-26-14 Attend to Completion Guaranty issues and guarantor KPH; 0.50
identity.
Review and comment on Second Component PIATT; KPH; 0.70
Suggest revisions.
Telephone call with K. Haas regarding individual JRS 0.30
Component Completion Guaranties. j
Review and revise Second Component Completion JRS 0.60
Guaranty.
Draft Completion Guaranties for Baldwin, Chambers, JRS 1.90
Holland, Playfair,Windsor, and Wren.
Review and revise Park East Project Agreement. JRS 0.60
Oct-27-14 Emails with C. Meyer regarding documents to be proveded JRS; 0.20
to Council.
Review and revise Component Project Agreements and JRS j 0.70
Guaranties. j
Telephone call with K. Haas regarding PIATT provisions; JRS; 1.40
Review and revise Component PIATTs to remove text
regarding possible variable rate.
Attend to emails regarding interest rate language in Park East JRS; 0.20
Project Agreement.
Review and revise Park East Project Agreement. JRS 1.50
Draft Excess EII PIATT. JRS 0.50
Oct-28-14 Meeting preparation;Review notes and file. KPH 0.50
Pre-meeting conference with C. Meyer. KPH 0.20
Weekly projects meeting with C.Meyer, B. Cordingley, and KPH 1.20
Pedcor projects team:Attend to open deal and refinancing
issues,process for refinancing approval, and task list for
approval submittals;Negotiate open issues.
Follow up on task list items for approval submittal; Calls and KPH 0.50
emails.
Oct-29-14 Address allocation areas for new financing an inclusion of KPH 0.30
hotel; Emails.
Conference call with B. Donaldson regarding allocation KPH 0.30
areas for new financing and inclusion of hotel.
Attend to financial information for letter of credit issuer; KPH 0.40
Summary review of information.
Attend to design schedule;Address schedule deficiencies; KPH 0.20
Calls and emails.
Attend to multiple emails regarding documents to be JRS 0.30
provided to Council, including emails regarding the Wren,
Eastern Motor Court, and hotel Components.
Review and revise Agreement regarding Replacement SIC JRS 0.20
One.
Oct-30-14 Meeting preparation; Review notes and file.
KPH 0.30
Special Commission meeting;Attend to approval of KPH 0.40
preliminary bond resolutions.
Attend to documentation regarding pre-draw payment of KPH 0.20
professional fees.
Draft,review, and revise extended memo and email KPH 1.70
regarding rationale for Park East garage to remain
tax-exempt.
Attend to process and schedule for obtaining bond KPH 0.30
approvals.
Draft,review, and revise Pedcor Guaranty of PIATTS. KPH 1.50
Multiple emails with C. Meyer regarding documents to be JRS 0.30
provided to Council.
Review summaries of Guaranties,PIATTs,Temporary JRS 1.20
Easement,Amendment to RPA, and Land Swap Agreement;
Mark up same and scan and send to C. Meyer.
Oct-31-14 Attend to documentation regarding pre-draw payment of KPH 0.20
professional fees.
Outline terms of documentation regarding pre-draw payment KPH 0.40
of professional fees.
Resolve issues regarding documentation to pre-draw KPH 0.30
payment of professional fees.
Conference with K. Haas regarding addition of JRS 0.70
reimbursement provisions to Park East Project Agreement.
Review and revise Park East Project Agreement. JRS 1.00
Draft Eastern Motor Court Project Agreement, Completion JRS 1.60
Guaranty, and PIATT.
Calls and emails with C. Meyer regarding documents to be JRS 0.70
provided to Council, including multiple emails regarding
Pedcor "buying down" the interest rates.
Draft Excess Ell PIATT; Review and revise other PIATTs to JRS 1.20
fix typos found while drafting Excess EII PIATT.
Review revised summaries of Guaranties, PIATTs, JRS 0.80
Temporary Easement,Amendment to RPA, and Land Swap
Agreement, and review new summary of Park East Project
Agreement;Mark up foregoing and send to C. Meyer with
explanatory email.
Totals 68.65
Total Fees $23,823.38
Total Disbursements $0.00
Total Fees and Disbursements $23,823.38
Previous Balance $64,726.50
Previous Payments $8,722.25
Balance Due Now $79,827.63
1
Wallack Somers & Haas, P.C.
One Indiana Square
Suite 2300
Indianapolis,IN 46204
Phone: 317/231-9000 Fax: 317/231-9900
City of Carmel Nov 07, 2014
Cannel Redevelopment Commission
30 West Main Street, Suite 220 Matter: carmparcel7
Carmel, IN 46032 Inv #: 22545
Attention: Mike Lee
RE: Parcell
DATE EXPLANATION ATTY HRS
Oct-08-14 Attend to multiple emails regarding Energy Center and JRS 0.20
Energy Center Consumption Agreements.
Totals 0.20
Total Fees $69.50
Total Disbursements $0.00
Total Fees and Disbursements $69.50
Previous Balance $86.88
Previous Payments $86.88
Balance Due Now $69.50
Wallack Somers & Haas, P.C.
One Indiana Square
Suite 2300
Indianapolis,IN 46204
Phone: 317/231-9000 Fax: 317/231-9900
City of Carmel Nov 07,2014
Carmel Redevelopment Commission
30 West Main Street, Suite 220 Matterarmparcel7c
Carmel, IN 46032 Inv #: 22547
Attention: Mike Lee
RE: Parcel 7C
DATE EXPLANATION ATTY HRS
Oct-06-14 Assist with reconstruction of energy center transaction KPH 1.10
record; Emails.
Oct-08-14 Assist with reconstiuction of Energy Center transaction KPH 0.50
record; Emails.
Totals 1.60
Total Fees $556.00
Total Disbursements $0.00
Total Fees and Disbursements $556.00
Previous Balance $9,307.00
Previous Payments $5,239.50
Balance Due Now $4,623.50
Wallack Somers & Haas, P.C.
One Indiana Square
Suite 2300
Indianapolis,IN 46204
Phone: 317/231-9000 Fax: 317/231-9900
City of Carmel Nov 07, 2014
Carmel Redevelopment Commission
30 West Main Street, Suite 220 Matterarmparce110
Carmel,IN 46032 Inv #: 22550
Attention: Mike Lee
RE: Parcel 10
DATE EXPLANATION ATTY HRS
Sep-29-14 Emails regarding upcoming closing with R. Brown, L. Siler, JRS 0.20
and C. Meyer.
Review and revise Purchase Agreement for 10 South Parcel. JRS 0.50
Draft closing documents for 10 South Parcel. JRS 1.30
Sep-30-14 Draft Parking Agreement for 10 South Parcel. JRS 1.40
Review easement documents in connection with drafting JRS 0.30
Parking Agreement for 10 South Parcel.
Review and revise Purchase Agreement for 10 South Parcel. JRS 0.40
Emails with R. Brown regarding closing for 10 South JRS 0.20
Parcel.
Oct-02-14 Attend to emails regarding insurance claims in connection JRS 0.30
with 10 South Parcel.
Oct-03-14 Attend to emails from R. Brown regarding changes to JRS 0.30
Purchase Agreement and closing documents for 10 South
Parcel.
Oct-07-14 Meeting preparation; Review notes and file. KPH 0.20
Pre-meeting conference with C. Meyer. KPH 0.10
Weekly projects meeting with C. Meyer,B. Cordingley,and KPH 6.30
Pedcor projects team:Attend to closing arrangements and
issues,parking issues, declaration, and funds application;
Negotiate open issues.
email from B. Donaldson regarding question from JRS 0.10
Attend to g g
E. Seidensticker with respect to transaction background.
Review 2013 documents and summaries regarding JRS 0.30
"unwinding" of Shapiro's transaction.
Draft lengthy response to B. Donaldson regarding transaction JRS 0.70
background.
Oct-08-14 Assist with re-explanation of Shapiro's project and payments, KPH 1.00
including draft,review, and revise summary statement;
Emails.
Attend to emails regarding 2012 purchase of loan interests JRS 0.30
and 2013 "unwinding".
Review and revise Purchase Agreement and closing JRS 1.70
documents and send to R. Brown.
Oct-09-14 Attend to closing requirements. KPH 0.40
Attend to record and receipt of Shapiro's rent. KPH 0.40
Review and revise closing documents and send out. JRS 0.40
Attend to emails regarding closing. JRS 0.10
Attend to emails regarding source of funds for payment of JRS 0.30
installment payments under Installment Contract and for
purchase of loan interests.
Oct-10-14 Attend to parking strip inclusion and valuation issues; KPH 0.90
Multiple calls and emails. regarding same.
Attend to multiple emails regarding CRC acquisition of 10 JRS 0.20
South Parcel.
Finalize closing documents for acquisition of 10 South JRS 0.30
Parcel by Pedcor and send to C. Meyer.
Oct-13-14 Multiple emails with C. Meyer and R. Brown regarding JRS 0.30
closing.
Attend to questions and comments regarding proration and JRS 0.80
payment of real estate taxes, including regarding assessed
2014/payable 2015 real estate taxes.
Review Schedule B exceptions;Emails with R. Brown and JRS 0.40
C.Uhlarik regarding same.
Prepare exhibits for closing documents. JRS 0.50
Oct-14-14 Emails regarding press inquiries of acquisition and disposal KPH 0.50
by CRC of 10 South Parcel.
Attend to closing requirements; Emails. KPH 0.30
Review and comment on multiple versions of closing JRS 0.30
statement.
Multiple emails with C. Meyer and R. Brown regarding real JRS 0.40
estate taxes.
Review letter from C. Meyer regarding payment of real JRS 0.10
estate taxes separate from closing.
Review and conunent on revisions by R. Brown to foregoing JRS 0.10
letter.
Review email forwarded by C. Meyer from Clerk Treasure's JRS 0.40
Office; Draft and send response to same.
Telephone call with C.Meyer regarding explanation of JRS 0.30
history of Parcel 10 transactions.
Respond to email questions from C. Meyer regarding JRS 0.40
explanation of history of Parcel 10 transactions.
Oct-15-14 Attend to closing requirements and closing prorations. KPH 0.50
Oct-16-14 Attend to closing requirements and address title insurer KPH 1.50
concerns regarding aligning pre-closing holders of interests;
Extended conference call with B. Olsen regarding same;
Emails.
Oct-17-14 Attend to post closing emails and executed documents. JRS 0.20
Oct-21-14 Meet with C. Meyer: discuss questions from Star reporter. JRS 0.20
Draft responses to questions from Star reporter forwarded by JRS 0.40
C. Meyer.
Attend weekly meeting with Pedcor Group: discussion JRS 0.20
regarding"The Market".
Totals 20.40
Total Fees $7,089.00
Total Disbursements $0.00
Total Fees and Disbursements $7,089.00
Previous Balance $11,776.50
Previous Payments $2,397.75
Balance Due Now $16,467.75
Wallack Somers &Haas, P.C.
One Indiana Square
Suite 2300
Indianapolis,IN 46204
Phone: 317/231-9000 Fax: 317/231-9900
City of Cannel Nov 07,2014
Carmel Redevelopment Commission
30 West Main Street, Suite 220 Matterarmparce192
Carmel,IN 46032 Inv #: 22548
Attention: Mike Lee
RE: Parcel 92
DATE EXPLANATION ATTY HRS
Oct-01-14 Determine status of CRC Work under Project Agreement; KPH 0.50
Follow up on same.
Revise Amendment to Project Agreement. RRW 1.00
Telephone calls with C. Meyer regarding Amendment to RRW 0.70
Project Agreement.
Telephone call with Keystone regarding Amendment to RRW 0.30
Project Agreement.
Oct-14-14 Review draft confirmatory resolution and public hearing KPH 0.30
notice.
Oct-30-14 Meeting preparation; Review notes and file. KPH 0.20
Special Commission meeting:Attend to Amendment of KPH 0.20
Declaratory Resolution and Development Plan; Public
hearing.
Conferences with Developer and Commissioners. KPH 0.20
Totals 3.40
Total Fees $921.50
Total Disbursements $0.00
Total Fees and Disbursements $921.50
Previous Balance $3,761.75
Previous Payments $1,042.50
Balance Due Now $3,640.75
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.
II Payee
II `Sommer ` S Purchase Order No.
h �I in 1, S� U r(� 7�.1 I�° ��� Terms
141 S Date Due
Invoice Invoice Description Amount
Date Number (or note attached invoice(s) or bill(s))
14 _W ILI 5ar 2 3 shy,so
-�� 11551 1 5 3 X038
r ivl -76 56
-� 225 5 t vkrW I 1
-� 225 tir c 1 X12 . � so
Total 3 6 3
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
IN SUM OF $
A D6 5,q-At 45Qifr 2.300
.ZAf
$ C�3,s�
ON ACCOUNT OF APPROPRIATION FOR
h %2- lxX
Board Members
Po#or INVOICE NO. ACCT#/TITLE AMOUNT
DEPT.# I hereby certify that the attached invoice(s),
-13 542- LM0802, S ,5o or bill(s) is (are) true and correct and that
q 62 5 08 D 3.923,39 the materials or services itemized thereon
qk 12545 09 07 MS6 for which charge is made were ordered and
22 '' '7 0 0 55(,�0 received except
2 2.`-5 5 n 7 0 39,"
201
S' nat r
--�
Cost distribution ledger classification if Title
claim paid motor vehicle highway fund