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HomeMy WebLinkAboutMerchant's Square Carmel Redevelopment Com re: distribution of TIF bond proceeds BOSE r MclaNNEY 3A)9 9 &AID) l Elizabeth Theobald Young & EVANS Direct Dial(317)574-3703 E-Mail:EYoung@boselaw.com ATTORNEYS AT LAW March 5, 1999 Mr. Craig Hesse The Linder Company 8555 N. River Road Suite 100 Indianapolis, IN 46240 Re: Merchants Square Dear Craig: As you know, the Carmel Redevelopment Commission is meeting on Monday to approve a second distribution to Ben Mar, LLC of funds from the TIF bond proceeds. This letter outlines the conditions under which I will recommend approval: 1. Receipt of a revised deed, vendor's affidavit, Environmental Risk Allocation Agreement, Indiana Disclosure of Sales Information Form and Non-foreign affidavit from KeyBank National Association in form acceptable to counsel for the Commission. 2. Receipt of a revised deed, vendor's affidavit, Environmental Risk Allocation Agreement, Indiana Disclosure of Sales Information Form, Non-foreign affidavit and revised License and Indemnity Agreement from Ben Mar, LLC in form acceptable to counsel for the Commission. 3. Issuance of a title policy insuring good and marketable fee simple title to Parcels 1C, 3 and 5 in the City of Carmel, Indiana, for the Use and Benefit of its Department of Redevelopment, free and clear of liens and encumbrances, except those contained in the deed from Hoosier Motor Club. 4. Receipt of a survey showing the location of the KeyBank parcel, in form acceptable to counsel for the Commission. Downtown North 2700 First Indiana Plaza 8888 Keystone Crossing 135 North Pennsylvania Street Suite 1500 Indianapolis,Indiana 46204 Indianapolis,Indiana 46240 (317)684-5000 (317)574-3700 FAX(317)684-5173 FAX(317)574-3716 BOSE McKINNEY &EVANS ATTORNEYS AT LAW Mr. Craig Hesse March 5, 1999 Page 2 5. Receipt of a Real Estate Tax Indemnity from Ben Mar, LLC, acceptable to counsel for the Commission. 6. Receipt of appropriate resolution of the Sellers of the parcels authorizing the conveyance of the parcels to the City. 7. Receipt of any and all releases or other instruments or documents necessary or appropriate for the issuance of the title policy referenced in paragraph 3 above. If you have any questions or concerns, please do not hesitate to contact me. Sincerely, Elizabeth T. Young ODMAUNHODMA\NO1;26900;1/sla BOSE McK 1N EY Elizabeth Theobald Young & EVANSDirect Dial(317)574-3703 E-Mail:EYoung@boselaw.com ATTORNEYS AT LAW March 5, 1999 VIA HAND DELIVERY Mr. Rick Roesch President, Carmel Redevelopment Commission One Civic Square Carmel, IN 46033 Re: Merchants Square TIF Project Dear Rick: I have enclosed five copies each of the following documents for the next distribution of funds from the TIF bond proceeds for Merchants Square: 1. Affidavit for Payment 2. Closing Statement 3. Deeds for Parcels 3 and 5 of the Merchants Square Project 4. Environmental Risk Allocation Agreement 5. Partial Supporting Documentation for the Affidavit of Payment These documents should be considered for approval by the Redevelopment Commission at its meeting on Monday, March 8, 1999. I will be present at the meeting to provide any additional information and documentation the Commission requires for this matter. If you have any questions or concerns prior to that time, please do not hesitate to contact me. Thank you very much. Very truly yours, /h Elizabeth T. Young ::O DMAVv1 H ODMA\N O 1;22528;1/sla Enclosures Downtown North 2700 First Indiana Plaza 8888 Keystone Crossing 135 North Pennsylvania Street Suite 1500 Indianapolis, Indiana 46204 Indianapolis,Indiana 46240 (317)684-5000 (317)574-3700 FAX(317)684-5173 FAX(317)5743716 #26889v1-Affidavit for payment carmel merchants square.wpd/sla AFFIDAVIT FOR PAYMENT STATE OF INDIANA ) SS: COUNTY OF HAMILTON ) Richard A. Roesch, being first duly sworn upon his oath, deposes and says that he is the duly appointed President of the Carmel Redevelopment Commission ("Commission"), and that this Affidavit is submitted for the purpose of authorizing certain payments by National City Bank of Indiana ("Bank"), as Trustee under the Bond Resolution adopted by the Commission authorizing the issuance of the Commissions' Redevelopment District Tax Increment Revenue Bonds of 1998. The Bond Resolution established the Redevelopment District Capital Fund from which such payments are to be made. Deponent further says that the following are legal and binding obligations properly incurred by the Commission in connection with the cost of acquiring and financing the project described in the Bond Resolution. The following expenditures, amounts thereof and to whom due are referred to in statements of the creditors attached hereto: To Whom Due Character of Expenditure Amount Ben Mar, LLC Purchase Price for Road $129,995.00 Parcels 3 and 5 Ben Mar, LLC Road Construction Costs $417, 536.17 Chicago Title Insurance Title Policy Premium and Company Closing Costs $3,099.00 Bose McKinney & Evans Legal Fees $5,000.00 Deponent further says that attached to this Affidavit are the statements of the above creditors as received by the Commission. Further Deponent saith not. Richard A. Roesch Subscribed and sworn to before me, a Notary Public in an for said county and state, this day of , 1999. Notary Public My Commission Expires: #22286v3-CLOSING STATEMENT-CARMEL-BEN MAR#3.wpd March 5,1999 CLOSING STATEMENT BEN MAR, LLC CONVEYANCE TO THE CITY OF CARMEL, INDIANA, FOR THE USE AND BENEFIT OF ITS DEPARTMENT OF REDEVELOPMENT MERCHANTS SQUARE RIGHTS-OF-WAY FIRST CLOSING AS TO SELLER: Purchase Price $129,995.00 Seller's Counsel Fees POC $0.00 Net Purchase Price to Seller $129,995.00 AS TO PURCHASER: Purchase Price $129,995.00 Purchaser's Costs Recording Fees (Deed and Disclosure Statement) $99.00 Title Policy Premium $1,350.00 Title Company Closing Fee $1,650.00 Attorneys' Fees (Bose McKinney & Evans) $5,000.00 Partial Roadway Construction Costs $417,536.17 Total Purchaser's Costs $425,635.17 Net Purchase Price to be paid by Purchaser $555,630.17 Disbursements: Ben Mar, LLC $547,531.17 Hamilton County Recorder $84.00 Hamilton County Auditor $15.00 Chicago Title Insurance Company $3,000.00 Bose McKinney & Evans $5,000.00 SELLER: PURCHASER: BEN MAR, LLC THE CITY OF CARMEL, INDIANA, FOR THE USE AND BENEFIT OF ITS DEPARTMENT OF By: REDEVELOPMENT Gary I. Linder, Manager By: Richard A. Roesch, President 0ULY ENTERED FOR TAXATION 3tiec1 to final ac ptance for transfer J day of . 19 9809853927 Filed for Record in Auditor HAMILTON COUNTY, INDIANA 7.1 1(9are Hamilton County MARY L CLARK. On 09-25-1998 At 08:11 am. CORP W DEED 14.00 Parcel# SPECIAL CORPORATE WARRANTY DEED THIS INDENTURE WITNESSETH: That HOOSIER MOTOR CLUB ("Grantor"), a corporation organized and existing under the laws of the State of Indiana, CONVEYS AND WARRANTS to THE CITY OF CARMEL, INDIANA ("Grantee") of Hamilton County, for a valuable consideration, the receipt of which is hereby acknowledged, the real estate in Hamilton County, State of Indiana, as described in Exhibit "A" which is attached hereto and incorporated herein. Subject to such state of facts as would be disclosed by an inspection of the Real Estate, or an accurate survey, and to all easements, all restrictions, and to liens of record. The warranties by Grantor are limited to its own acts. This conveyance is for such period of time as the roadway immediately east of and adjacent to the Real Estate shall be, continuously from 116th Street on the South to Carmel Drive on the North, known as, be on the records of the Grantee as, and on the street identification signs placed thereon as, "AAA Way". Failing any of the foregoing, title to the Real Estate shall immediately and without any action of Grantor or Grantee, revert to and become the sole property of Grantor which shall be entitled to the immediate and sole possession thereof. The undersigned person executing this deed on behalf of Grantor represents and certifies that he is the duly elected officer of Grantor and has been fully empowered, by proper resolution of the Board of Directors of Grantor, to execute and deliver this deed; that Grantor has full corporate capacity to convey the real estate described herein; and that all necessary corporate action for the making of such conveyance has been taken and done. (There is no Indiana gross income tax due on the transfer made by this conveyance.) IN WITNESS WHEREOF, Grantor has caused this deed to be executed this / day of August, 1998. HOOSIER MOTOR CLUB By: .'.-ue--- `e Terry E. imes, enior Vice President Finance, Secretary and Treasurer 362896.1 GRANTEE APPROVAL Stfrit Approved as to form and content for The City of Carmel, Indiana, this Z3 day of st ` 1998. DO as C. Haney, ty Attorney STATE OF INDIANA ) ) SS: COUNTY OF MARION ) Before me, a Notary Public in and for said County and State, personally appeared Terry E. Grimes, the Senior Vice President, Finance, Secretary and Treasurer of Hoosier Motor Club, who acknowledged execution of the foregoing deed as such officers acting for and on behalf of said Grantor, and who, having been duly sworn, stated that the representations therein contained are true. -fes Witness my hand and Notarial Seal this i¢ day of August, 1998.Lt-'e ,,,, jr JOI— t (signature) /Nr I'�P Crystal Distler Residence: Marion County, IN (printed Expires: 1O/24/99 name) Notary Public My Commission Expires: County of Residence: Send tax statements to and City of Carmel Grantee's mailing address is: One Civic Square Cannel, IN 46032 This instrument was prepared by Charles E. Wilson, ICE MILLER DONADIO & RYAN, One American Square, Box 82001, Indianapolis, Indiana 46282; Telephone (317) 236-2100. - 2 - 362896.1 • F I�VV 11 JV 4r`-.•Vll I I �-1�1L/L-I' V..J I ."I Part of the South Half of Section 31, Township 18 North, Range 4 East in Clay Township, Hamilton. County, Indiana, described as follows: Commencing at the Southwest corner of the Southwest Quarter of Section 31, Township 18 North, Range 4 East; thence North 89 degrees 50 minutes 15 seconds East (assumed bearing) on the South line of said Southwest Quarter 2313.00 feet; thence North 00 degrees 09 minutes 45 seconds West 866100 feet; thence North 89 degrees 50 minutes 15 seconds East parallel with said South line 258.43 feet; thence North 00 degrees 09 minutes 45 seconds West 299.72 feet; thence South 89 degrees 50 minutes 15 seconds West 137.05 feet; thence North 00 degrees 09 minutes 45 seconds West 75.00 feet to the Southeast corner of real estate conveyed to the Hoosier Motor Club, per a Warranty Deed recorded on page 519 of Deed Record 329 in.the Office of the Recorder of Hamilton County, Indiana, said corner being the PLACE OF BEGINNING of the within described real estate; thence continuing North 00 degrees 09 minutes 45 seconds West on the East line of said real estate 428.29 feet to the Northeasterly corner of said real estate at a point that is 300.00 feet South 00 degrees 09 minutes 45 seconds East of the centerline of Carmel Drive; thence South 89 degrees 55 minutes 00 seconds West on the North line of said real estate, measured parallel with the centerline of Cannel Drive 15,00 feet; thence South 00 degrees 09 minutes 50 seconds East parallel with the Easterly line of said real estate 428,31 feet to the South line of said real estate; thence North 89 degrees 50 minutes 15 seconds East on the South line of said real estate 15.00 feet to the place of beginning, containing 0.148 acre, more or less. Subject to all legal easements and rights-of-way. Dated: February 25, 1998 EASEMENT PREPAREO Ff' DESCRIPTION 0-416-011 - 10 WEIHE ENGINEERS, INC. 10806 Y. CVLL E�YL, Q703WAPQU3. IIr 40260 a(LN$Y. PS.LI . - (917) 64A-4111 (900) 462-44C* P=SS6R 1AL (917) $4 - i,C yr:K L 0.140'!. IL3. -( 7RL - PR 't (XVII.DCDC1X19 LANG W1:147179725 LL1( NAM:03 LLMICAPe Warn'c s SPECIAL WARRANTY DEED THIS INDENTURE WITNESSETH, That KeyBank National Association, a national banking association as successor in interest to The American National Bank ( "Grantor" ) , CONVEYS AND WARRANTS to The City of Carmel, Indiana ( "Grantee" ) , for the sum of Ten Dollars ($10 . 00) and other valuable consideration, the receipt of which is hereby acknowledged, the following described real estate in Hamilton, State of Indiana: SEE ATTACHED EXHIBIT "A" , and provided, however, the warranty of title by Grantor is limited to a warranty against the acts of Grantor and those claiming by, through or under Grantor during Grantor's period of ownership of the real estate, and not otherwise. Subject to all taxes not yet due and payable and subject to any and all easements, agreements, restrictions and other matters of record, and to all matters which an accurate survey would show. Grantee's address is and tax bills should be sent to Grantee at such address unless otherwise indicated below. The undersigned person executing this deed on behalf of Grantor represents and certifies that he has been fully empowered to execute and deliver this deed; that Grantor has full capacity to convey the real estate described herein; and that all necessary action for the making of such conveyance has been taken and done. Granto retains r itself, ' s success and assigns and of their res ctive age s, employe , tenants, ustomers and ' vitees Aa perpe al non-e usive eas ent (i) fo ingress and ess over 4t1 and oss the al estate escribed i Exhibit "A" d (ii) f ae the aintenan of landsc ing located n the real e ate descr' ed r1 i Exhibit " " . ' The undersigned certifies that there is no Indiana gross income tax payable as a result of this transaction. IN WITNESS WHEREOF, Grantor has executed this deed this 67'4.; day of ?„4.4"_.e._ , 19 9 ,ftAL- KeyBank National Association, a national banking association as successor in interest to The American National Bank By: /(4 Printe . ...,/04.„) e-- . � 1<>r' _JO( Title: ,:t__0-5 5 -�- STATE OF I� -'L�� By " .4 0 +ems 1 c R y� --c ) SS: Pry ciec� ZD'a I�e,22 18 COUNTY OF 1+ ) �. s, a 5; ,r /2,ii,; -re,S ne i,,:4c,9 Before me, a Notary Public in angor said County and State, personally appeared -.7Dili/ L. KLAyMAiJ r, the Dess;4;,4,-(> s f KeyBank National Association, a national banking association as successor in interest to The American National Bank, who acknowledged execution of the foregoing Special Warranty Deed for and on behalf of said national banking association. Witness my hand and Notarial Seal this 5-61 day of Tile- , 1998 . My Commission Expires : ww7/ iatrE�c / ,g1- 2_,---7,e,/14,476L., NokarY tiler,941r of Me Canty otC+ os, Signaturelic My County of l r's°'"id'4�'c��� *au -ia , , 0' Printed Signature Notary Public This instrument prepared by Steven J. Glazier, Attorney at Law, MANTEL, COHEN, GARELICK, REISWERG & FISHMAN, 8888 Keystone Crossing Boulevard, Suite 800, Indianapolis, Indiana 46240, ( 317 ) 573-8888 . Return Deed to: . Send tax bills to: • 2 EXHIBIT "A" LEGAL DESCRIPTION FOR ADDITIONAL RIGHT-OF-WAY FOR PROPOSED "AAA" WAY DRIVE (To be obtained from The American National Bank) Part of the South Half of Section 31, Township 18 North, Range 4 East in Clay Township, Hamilton County, Indiana, described as follows: Commencing at the Southwest corner of the Southwest Quarter of Section 31, Township 18 North, Range 4 East; thence North 01 degree 04 minutes 45 seconds West (assumed bearing) on the West line of said Quarter Section 1752.85 feet to the centerline of Carmel Drive; (the next five courses being on the centerline of Carmel Drive) 1.)thence North 89 degrees 55 minutes 00 seconds East 600.00 feet to the point of curvature of a curve to the left, said curve having a delta angle of 20 degrees 00 urinates 00 seconds and a radius of 1145.92 feet; thence in a Northeasterly direction on said curve, 400.00 feet to the point of tangency thereof; thence North 69 degrees 55 minutes 00 seconds East 238.51 feet to the point of curvature of a curve to the right, said curve having a delta angle of 20 degrees 00 minutes 00 seconds and a radius of 1145.92 feet; thence in a Northeasterly direction on said curve, 400.00 feet to the point of tangency thereof; thence North 89 degrees 55 minutes 00 seconds East 880.12 feet to a point on the Northerly prolongation of the East tine of a 24 foot wide perpetual non-exclusive roadway easement for ingress and egress per an instrument recorded in Deed Record 316 on pages 15 and 16 in the Office of the Recorder of Hamilton County, Indiana; thence South 00 degrees 09 minutes 45 seconds East on said prolongated line 40.00 feet to the South right-of-way line of Carmel Drive and the PLACE OF BEGINNING of the within described real estate; thence North 89 degrees 55 minutes 00 seconds East on said South right-of-way line 43.00 feet; thence South 54 degrees 08 minutes 09 seconds West 30.79 feet to a point on a line that is parallel with and 18.00 feet East of the East line of the aforesaid non-exclusive easement for ingress and egress; thence South 00 degrees 09 minutes 45 seconds East parallel with said East line 232.00 feet to the South line of real estate conveyed to The American National Bank,per a Warranty Deed recorded on pages 605 and 606 of Deed Record 330 in said Recorders Office; thence South 89 degrees 55 minutes 00 seconds West on said South line 18.00 feet to the West line of said real estate, being also the East line of the aforesaid easement; thence North 00 degrees 09 minutes 45 seconds West on said common line 250.00 feet to the place of beginning, containing 0.109 acre, more or less. Subject to all legal easements and rights-of-way. Dated: February 26, 1998 #22273v2-ENVIRONMENTAL RISK ALLOCATION-BEN MAR-CITY OF CA.wpd/sla Merchants Square Parcels 1-1D ENVIRONMENTAL RISK ALLOCATION AGREEMENT BETWEEN BEN MAR, LLC, AN INDIANA LIMITED LIABILITY COMPANY AND THE CITY OF CARMEL, INDIANA FOR THE USE AND BENEFIT OF ITS DEPARTMENT OF REDEVELOPMENT WHEREAS, BEN MAR LLC, an Indiana limited liability company ("Seller") has agreed to convey and grant certain parcels of real estate which are part of the development known as Merchants Square, Carmel, Indiana, more particularly described on the attached Exhibit A, incorporated herein by referenced (collectively the "Real Estate"), to the CITY OF CARMEL FOR THE USE AND BENEFIT OF ITS DEPARTMENT OF REDEVELOPMENT (the "City") as road rights- of-way; and WHEREAS, the City is willing to accept the Real Estate subject to conditions relating to the presence or potential presence of Toxic or Hazardous Substances (as hereinafter defined) on the Real Estate; and WHEREAS, as between themselves, City and Seller wish to allocate the risks related to said presence or potential presence of Toxic or Hazardous Substances on the Real Estate. NOW, THEREFORE, in consideration of the mutual promises, representations, warranties, covenants and responsibilities herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Seller and the City agree as follows: 1. Representations of the Parties. Each party represents and warrants to the other party that: (a) The party is duly organized and existing in good standing under the Laws of Indiana and has all requisite power and authority to carry out its obligations set forth in this Agreement. (b) The party has the power, authority, and legal right to enter into and perform its obligations set forth in this Agreement, and the execution, delivery, and performance thereof have been duly authorized. (c) This Agreement has been duly entered into and delivered and constitutes a legal, binding, and valid obligation of the party, enforceable in accordance with its terms. 2. Warranties and Representations of Seller. Seller hereby covenants, represents and warrants to the City that: (a) to the best of Seller's knowledge, after the performance of due diligence by Seller, the Real Estate is not contaminated with any Toxic or Hazardous Substance; (b) Seller has not caused and will not cause, and to the best of Seller's knowledge, there never has occurred a release of any Toxic or Hazardous Substance on the Real Estate; (c) the Real Estate is not subject to any federal, state or local environmentally related lien, proceedings, claim, liability or action, or the threat or likelihood thereof, for the cleanup, removal or remediation of any Toxic or Hazardous Substance from the Real Estate or from any other real property owned or controlled by Seller or in which Seller has any interest, legal or equitable; (d) there is no asbestos on the Real Estate; (e) there are not now, nor ever have been any underground storage tanks on the Real Estate; (f) by acquiring the Real Estate, the City will not incur or be subjected to any liability for the cleanup, removal, or remediation of any Toxic or Hazardous Substance from the Real Estate or any liability, cost or expense for the removal of any asbestos or underground storage tank(s) from the Real Estate; and (g) during the construction of the Merchants Square Economic Development Area project on the Real Estate, Seller, upon the discovery of or release of any Toxic or Hazardous Substance, shall immediately notify all appropriate governmental agencies and the City and shall comply with all Environmental Requirements (as hereinafter defined) in the remediation thereof and in the performance of such project. 3. Indemnification of City by Seller. Seller will indemnify, defend, and hold harmless the City, its present and future officers, directors, officials, employees, agents, successors, and assigns, from and against any and all claims, suits, causes of action, forfeitures, losses, liabilities, penalties, fines, cleanup costs, costs and expenses, including costs of defense, settlement, and reasonable attorneys' fees, which any or all of them may hereafter suffer, incur, be responsible for, or pay out as a result of damage to or Contamination (as hereafter defined) of the environment, directly or indirectly arising out of, relating to, or caused by: (a) a breach by Seller of any of its representations, covenants or warranties under this Agreement; (b) any environmental conditions existing prior to the date of the conveyance of the Real 2 Estate to the City; or (c) Contamination caused by (i) Seller, its agents, officers, employees, or contractors, or for which Seller is responsible, before or after the effective date of this Agreement, which is not existing prior to the date of the conveyance of the Real Estate to the City, including, without limitation, the Contamination of groundwater under the Real Estate caused by the flow of groundwater from or under other of Seller's property which is contiguous to the Real Estate or (ii) any condition or activity created, conducted or existing on or before the effective date of this Agreement. Without limiting the generality of the foregoing, the foregoing indemnity shall apply regardless of whether such damage or Contamination was foreseeable or unforeseeable and regardless of when such damage or Contamination occurred or when such damage or contamination was discovered. 4. Survival. The indemnification provisions set forth above shall survive any termination of this Agreement and the execution and delivery of the deed pursuant thereto. 5. Environmental Requirements. As used herein, "Environmental Requirements" shall mean all applicable present and future statutes, laws, ordinances, enactments, rules, regulations, orders, decrees, directives, mandates, standards, interpretations, or other similar requirements of any federal, state, local, or foreign government, court, or public authority prohibiting, regulating, or otherwise relating to environmental pollution and control of any kind, including without limitation, to oil pollution, air pollution, water pollution, land pollution, groundwater pollution, noise pollution, solid or hazardous waste management, wetlands control, storm water drain off control, toxic substance control and environmental contamination of any kind. Such requirements include, but are not limited to, Environmental Requirements under the Federal Water Pollution Control Act; the Federal Clean Air Act; the Federal Resource Conservation and Recovery Act; the Federal Noise Control Act; the Federal Safe Drinking Water Act; the Federal Toxic Substances Control Act, the Comprehensive Environmental Response, Compensation and Liability Act, the Federal Emergency Planning and Community Right-to-Know Act of 1986 (Title III of Superfund Amendment and Reauthorization Act of 1986), and the Solid Waste Disposal Act, including any amendments thereto, and the Indiana counterparts of such statutes, including without limitation all statutes included in Title 13 of the Indiana Code. 6. Environmental Contamination. As used herein, "Contamination" shall mean the presence, storage, use, generation, discharge, deposit, disposal, emission, or placement of any Toxic or Hazardous Substance on, under, over, from or to the Real Estate. 7. Toxic or Hazardous Substance. As used herein, the term "Toxic or Hazardous Substance" means any toxic, hazardous, or special substance, material, or waste which is or becomes regulated by any local governmental agency, the State of Indiana or the United States government. The term "Toxic or Hazardous Substance" includes any and all materials, substances, waste or other contaminants, including petroleum and asbestos, regulated by the Environmental Requirements. 8. Third Party Liability. With regard to any Toxic or Hazardous Substances existing on, over, or within the Real Estate which are not covered by the foregoing indemnity provisions, liability and responsibility for said Toxic or Hazardous Substances shall be determined by the common law and/or by applicable federal, state, and local laws and/or regulations. Nothing contained in this Agreement shall relieve a third party which caused any Contamination to exist on, over or within the 3 Real Estate, or which is otherwise responsible from being fully liable and responsible for such Contamination. If either the City or Seller, or both, commences efforts to seek contribution or reimbursement from such a third party, the other party shall reasonably cooperate with those efforts. 9. Cumulative Remedies. Nothing in this Agreement shall limit each party's right to pursue any and all rights and remedies available to it under the terms of this Agreement. Each and every remedy under this Agreement shall be cumulative and in addition to any other remedies provided by law. 10. Effective Date. This Agreement shall be effective upon the latest date of execution of a required signature. 11. Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Indiana. Any litigation associated with or arising from this Agreement shall be filed with a court of competent jurisdiction within the State of Indiana. 12. Binding Effect. This Agreement shall inure to the benefit of the City and shall be binding upon Seller and its heirs, successors and assigns and, so long as the real estate described in Exhibit B attached hereto is designated a redevelopment area under applicable statute and a part of the Merchants Square Economic Development Area, shall also be binding upon each successive owner or ground lessee of such real estate and be a burden upon and run with such real estate. Notwithstanding the foregoing, the rights of the City hereunder shall be subordinate to the lien of any bona fide, third party first mortgage with an independent, institutional bank, insurance company, pension fund or other real estate investment or financing entity. Upon request, City shall execute and deliver to any such mortgagee a subordination agreement in form and content reasonably acceptable to the City. 13. Entire Agreement. This Agreement represents the entire understanding between the City and Seller with respect to the allocation of environmental risk related to the Real Estate. The signing of this Agreement by each party constitutes their mutual recognition that no other contracts or agreements, oral or written, exist between them which relate to said allocation of environmental risk and that if such oral or written contracts or agreements exist, such contracts are void and unenforceable. 14. Construction. This Agreement is the result of negotiations between the parties and their respective legal counsel, and no party shall be deemed to be the drafter of this Agreement. The language of all parts of the Agreement shall in all cases be construed as a whole, according to its fair meaning, and not strictly for or against either party. 4 IN WITNESS WHEREOF, the parties have executed this Agreement this day of March, 1999. BEN MAR, LLC By: Gary I. Linder, Managing Member STATE OF INDIANA ) SS: COUNTY OF ) Before me, a Notary Public in and for said County and State, personally appeared Gary I. Linder, by me known and by me known to be the manager of Ben Mar, LLC, who, being first duly sworn, has executed the foregoing Environmental Risk Allocation Agreement, for and on behalf of said limited liability company. WITNESS my hand and Notarial Seal this day of , 1999. Notary Public (Printed signature) My Commission Expires: My County of Residence: 5 CITY OF CARMEL, INDIANA, FOR THE USE AND BENEFIT OF ITS DEPARTMENT OF REDEVELOPMENT By: Printed: Title: STATE OF INDIANA ) ) SS: COUNTY OF HAMILTON ) Before me, a Notary Public in and for said County and State, personally appeared , by me known and by me known to be the of the City of Carmel, Indiana, for the use and benefit of its Department of Redevelopment who, being first duly sworn upon their oath, has executed the foregoing Environmental Risk Allocation Agreement, for and on behalf of said entity. WITNESS my hand and Notarial Seal this day of , 1999. Notary Public (Printed signature) My Commission Expires: My County of Residence: This instrument prepared by and after recording return to: Elizabeth T. Young, Esq., Bose McKinney & Evans, 8888 Keystone Crossing, Suite 1500, Indianapolis, Indiana 46240. 6 BOSE McKLNNEY Elizabeth Theobald Young & EVANSDirect Dial(317)574-3703 E-Mail:EYoung@boselaw.com ATTORNEYS AT LAW March 5, 1999 Mr. Craig Hesse The Linder Company 8555 N. River Road Suite 100 Indianapolis, IN 46240 Re: Merchants Square Dear Craig: As you know, the Carmel Redevelopment Commission is meeting on Monday to approve a second distribution to Ben Mar, LLC of funds from the TIF bond proceeds. This letter outlines the conditions under which I will recommend approval: 1. Receipt of a revised deed, vendor's affidavit, Environmental Risk Allocation Agreement, Indiana Disclosure of Sales Information Form and Non-foreign affidavit from KeyBank National Association in form acceptable to counsel for the Commission. 2. Receipt of a revised deed, vendor's affidavit, Environmental Risk Allocation Agreement, Indiana Disclosure of Sales Information Form, Non-foreign affidavit and revised License and Indemnity Agreement from Ben Mar, LLC in form acceptable to counsel for the Commission. 3. Issuance of a title policy insuring good and marketable fee simple title to Parcels 1C, 3 and 5 in the City of Carmel, Indiana, for the Use and Benefit of its Department of Redevelopment, free and clear of liens and encumbrances, except those contained in the deed from Hoosier Motor Club. 4. Receipt of a survey showing the location of the KeyBank parcel, in form acceptable to counsel for the Commission. Downtown North 2700 First Indiana Plaza 8888 Keystone Crossing 135 North Pennsylvania Street Suite 1500 Indianapolis,Indiana 46204 Indianapolis,Indiana 46240 (317)684-5000 (317)574-3700 FAX(317)684-5173 FAX(317)574-3716 BOSE McKINNEY &EVANS ATTORNEYS AT LAW Mr. Craig Hesse March 5, 1999 Page 2 5. Receipt of a Real Estate Tax Indemnity from Ben Mar, LLC, acceptable to counsel for the Commission. 6. Receipt of appropriate resolution of the Sellers of the parcels authorizing the conveyance of the parcels to the City. 7. Receipt of any and all releases or other instruments or documents necessary or appropriate for the issuance of the title policy referenced in paragraph 3 above. If you have any questions or concerns, please do not hesitate to contact me. Sincerely, M 2'712/1/11 Elizabeth T. Young ::ODMA\MHODMA\N O1;26900;11sla Merchants Square Summary of TIF Expenses Draw#2 Invoice/ Application Dated Vendor Amount Total 6 2/27/98 Shiel Sexton Company 184,335.19 7 3/31/98 Shiel Sexton Company 21,555.50 8 4/30/98 Shiel Sexton Company 128,093.35 9 5/29/98 Shiel Sexton Company 39,632.47 10 6/30/98 Shiel Sexton Company 141,624.04 11 7/31/98 Shiel Sexton Company 14,380.92 12 8/31/98 Shiel Sexton Company 35,467.20 . 13 9/30/98 Shiel Sexton Company -27,546.08 14 10/30/98 Shiel Sexton Company 140.158.84 677,701.43 04001-00000-041 1/31/98 Mantel Cohen Garelick Reiswerg 42.65 04001-00000-042 2/28/98 Mantel Cohen Garelick Reiswerg 34.25 04001-00000-046 7/7/98 Mantel Cohen Garelick Reiswerg 160.84 04001-00000-047 8/11/98 Mantel Cohen Garelick Reiswerg 62.50 04001-00000-048 9/2/98 Mantel Cohen Garelick Reiswerg 1,105.20 04001-00000-044 5/5/98 Mantel Cohen Garelick Reiswerg 782.00 04001-00000-045 6/3/98 Mantel Cohen Garelick Reiswerg 281.25 2,468.69 127926 3/25/98 Locke Reynolds Boyd &Weisel/ 185.00 185.00 35731 4/8/98 Weihe Engineers Inc. 1,680.00 1,680.00 10133 3/1/98 Jeffrey A. Hearn 3,756.00 10151 3/29/98 Jeffrey A. Hearn 4.488.00 8,244.00 98031 3/16/98 A& F Engineering Co., Inc. 3,365.00 3.365.00 693,644.12 Tif.xls - APPLICATION AND CERTIFICATE FOR PAYMENT PAGE 1 OF 2 TO (OWNER): BENMAR, INC. PROJECT: 033200 MERCHANTS SQUARE-i. I.F APPLICATION NO 6 DATE: 02-27-93 C10 THE LINDER CO. . 116TH & KEYSTONE TIF PROJ 8555 N RIVER ROAD, 1375 CARMEL, IN 46032 PERIOD T0: 02-23-98 INDIANAPOLIS, IN 46240 ATTENTION: MR. CRAIG HESSEE ARCHITECT'S FROM (CONTRACTOR): SHIEL SEXTON COMPANY, INC. PROJECT NO: P. 0. BOX 503245 8035 CASTLETON ROAD CONTRACT DATE: 06-03-97 INDIANAPOLIS, IN 46250 INVOICE NO: 033206 CONTRACT FOR: CONTRACTOR'S APPLICATION FOR PAYMENT Application is made For payment, as shown below, in connection with the Contract. Cont. Sheet is attached 1 CHANGE ORDER SUMMARY I. ORIGINAL CONTRACT SUM 1926607.60 ADOiTIO!iS $ DEDUCTIONS $ 2. Net change by Change Orders. 530064.00 CHANGE ORDERS APPROVED IN 3. CONTRACT SIJ;I TO DATE (lines 1.2) 2456671.6S : PREVIOUS MONTHS BY OWNER ---) 1 530064.00 1 .00 i 4. TOTAL COMPLETED AND STORED TO DATE 1775733.26 (Column G on Continuation Sheet) APPROVED THIS MONTH 1 5. RETAINAGE: ' ; a. Completed :fork. ... .00 NUMBER OR DATE (Column D,E on Continuation Sheet) DESCRIPTION APPa0!lED b. of Stored Material ... .00 (Column F on Continuation Sheet) Total Re*ainaga(lir.e 5a Sb or ' , eet .JO CO11Pn I of Continuation Srl" 6. TOTAL EARNED LESS RETAINAGE 177E738.26 ; (Line 4 lass Line 5 Total ) 7. LESS PREVIOUS CERTIFICATES FOR TOTALS 530064.00 ; .00 PAYMENT (Line 6 prior Certificate) 15913'998.07 --> 8. CURRENT PAYMENT DUE 1543:5.19 Net change by CHANGE ORDERS 530064.00 1 9. BALANCE TO FINISH, PLUS RETAINAGE 680928.42 (Line 3 less Line 6) The undersigned Contractor certifies that to the best of the Contractor's knowledge, information and belief the Work covered by this Application for Payment has been completed in accordance with the Contract Documents, that State of __INDIANA County of _MARION. ail amounts have been paid by the Contractor for Work for which previous Subscribed and sworn to Certificates for Payment were issued and payments received from the Owner, before me this _2.6__ day of ___,E -T BX--' 022$_ ' and that current payment shown herein is now due. ` L G � Notary Public: �.,_� = --- =� CONTRACTOR: SHEA,XTON C� ANY INC. My Commission expires: ___11 $1_49 By,, 1-46Fr_- ---- DATE: _21.2118 ARCHITECT'S CERTIFICATE FOR PAYMENT 1 In accordance with the Contract Documents; based on on-site observations AMOUNT CERTIFIED •• and the data comprising the above application, the Architect certifies to (Attach explanation if amount certified the Owner that to the best of the Architect's knowledge, information and differs from the anount applied for. belief the Work has progressed as indicated, the quality of the work is in ARCHITECT: accordance with the Contract Documents, and the Contractor is entitled to DATE: ' payment of the AMOUNT CERTIFIED. By: This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein. Issuance, payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. APPLICATION AND CERTIFICATE FOR PAYMENT - CONTINUATION SHEET PAGE 2 PROJECT: MERCHANTS SQUARE-T.I.F JOB ID: 033200 APPLICATION HO 6 DATE 02-27-98 CONTRACT FOR: -- PERIOD TO: 02-23-98 TO: BENMAR, INC. INVOICE HO: 033206 CONTRACTOR: SHIEL SEXTON COMPANY, INC. -- ARCHITECT: ARCHITECT'S PROJECT NO: A B C D I E 1 F 1 G H I I ; WORK COMPLETED MATERIALS I TOTAL 1 X ITEM 1 SCHEDULED PRESENTLY I COMPLETED I 1 BALANCE NO I DESCRIPTION OF WORK VALUE I PREVIOUS 1 THIS STORED I AND STORED I (GJC)1 TO FINISH 1 RETAINAGE APPLICATION: PERIOD (NOT IN : TO DATE : (C-G) 1 (DTE) I D OR E) 1 (D*E-F) 1 10500 LAYOUT 52300.00 25652.35 .11 25652.46 49 26647.54 14000 TESTING SERVICES 35000.00 35000.00 19900 CONTINGENCY-OWNERS 20700 SELEECTIVE DEMOLITION 160000.00 120000.00 120000.00 75%; 40000.00 22200 EXCAVATION a BACKFILL 210000.00 200000.00 200000.00 .9S' 10000.00 25000 SITE DRAINAGE 390000.00 322282.00 322282.00 83% 67713.00 26000 ASPHALT PAYING 450868.00 438148.87 438148.87 97 12719.13 27000 SITE AMEHTITIES 100000.00 1760.00 1763.00 2%; 98240.00 27100 FENCING 12000.00 3060.00 3060.00 26 8940.00 27400 IRRIGATION SYSTEMS 83725.00 33725.00 1 28000 LANDSCAPING 90136.00 12289.50 14072.70 26361.57 63774.50 ;160050 ELECTRICAL CONTRACTORS 199867.00 74514.00 110336.50 184900.50 93%: 14966.50 1900001 CHANGE ORDER II 530064.00 297874.80 49919.89 347794.69 66% 132269.21 , ' 1999999 CONTRACTOR'S FEE 142711.68 95816.55 9956.69 105773.24 74%; 36938.44 I APPLICATION TOTALS 2456671.68 1591398.07 134335.19 .00 1775733.26 72%; 680938.42 ,00; SHIEL SEXTON CO., INC. JOB 332 - MERCHANTS SQUARE -T. I. F. DISBURSEMENT SCHEDULE FEBRUARY 1998, APPLICATION #6 PHASE VENDOR HOURS RATE AMOUNT 10500 CABLE & WIRELESS SUBTOTAL 10500 0.11 0.11 28000 MATHIES LANDSCAPING SUBTOTAL 28000 14,072.00 14,072.00 160010 LITE RITE LIGHTING SUBTOTAL 160050 110,386.50 110,386.50 COMPLETED THIS PERIOD CONTRACTOR'S FEE 8% 124,458.61 9,956.69 CHANGE ORDER#1 MILESTONE CONTRACTORS 46,222.12 CONTRACTOR'S FEE 8% 3,697.77 SUBTOTAL CHANGE ORDER 1 49,919.89 TOTAL COMPLETED THIS PERIOD 184,335.19 PARTIAL WAIVER OF LIEN WHEREAS, Shiel Sexton Company,Inc.,8035 Castleton Road, Indianapolis,In 46250 ("Contractor") has been heretofore employed by BENMAR INC. ("Company") to furnish certain material,supplies, equipment or labor for or in connection with improvements owned byBEN ViAR IN SOI d located ARE T I F (hereinafter collectively— referred("O`to as hener") n Premises"") MERCHANTSt • and WHEREAS, the undersigned is duly authorized to execute this Partial Waiver of Lien for and on behalf of the Contractor; NOW,THEREFORE, the Contractor, for and in consideration of the receipt of One Hundred Eighty-four Thousand Three Hundred Thirtv-five Dollars and 19/100 ( 18-1235.19 hereby waives, and releases the Owner of the Premises and the Company from any and all liens, rights of lien or claims of whatsoever kind or character on or against the Premises or the improvements located thereon on account of any and all labor,supplies, equipment or material furnished for,in connection with or incorporated in the Premises by the Contractor on or before the date hereof; represents and warrants that no other person or party has any right to a lien or claim on account of any labor or work performed or material,supplies or equipment furnished by, to or through the Contractor,on or before the date hereof, and agrees to indemnify, defend and hold the Owner and the Company harmless from and against any and all claims or liens for any labor, material or services furnished for or in connection with or incorporated on the Premises by, through or to the Contractor prior to the date hereof. This Partial Waiver of Lien is given in order to induce the Company to pay the amount indicated above, and upon receipt of such amount by the Contractor, this release may be recorded, becomes valid, enforceable and of full effect. Shiel Sexton Company,Inc. Name off ntractor Dated: 2/27/98 Bv: � C_ Authorized Representative STATE OF INDIANA ) ) SS: Title: Project Manager COUNTY OF MARION) Before me, a Notary Public in and for said County and State,personally appeared_ Tom Lanae who acknowledged the execution of the foregoing Partial Waiver of Lien, and who, having been sworn,stated that the requirements therein contained are true. Witness my hand and Notarial Seal this 27th day of February, 1998. My Commission Expires . %t e_ ��� Cc t 1-28-99 Printed: Janet D.Perkins Boone Notary Public i . APPLICATION AND CERTIFICATE FOR PAYMENT PAGE 1 OF 2 TO (OWNER): BENMAR, INC. PROJECT: 033200 MERCHANTS SQUARE-T.I.F APPLICATION NO 7 DATE: 03-31-98 C/O THE LINDER CO. 116TH & KEYSTONE TIF PROJ 8555 N RIVER ROAD,4375 CARMEL, IN 46032 PERIOD TO: 03-25-98 INDIANAPOLIS, IN 46240 ATTENTION: MR. CRAIG HESSEE FROM (CONTRACTOR): SHIEL SEXTON COMPANY, INC. ARCHITECT'S P. 0. BOX 503245 PROJECT NO: 8035 CASTLETON ROAD CONTRACT DATE: 06-03-97 INDIANAPOLIS, IN 46250 CONTRACT FOR: INVOICE NO: 033207 CONTRACTOR'S APPLICATION FOR. PAYMENT Application is made for payment, as shown below, in connection with the Contract. Cont. Sheet is attached CHANGE ORDER SUMMARY I. ORIGINAL CONTRACT SUM. 1926607.68 ADDITIONS t ; DEDUCTIONS $ ; 2. Net change by Change Orders 530064.00 CHANGE ORDERS APPROVED IN ; ; ; 3. CONTRACT SUM TO DATE (lines 1+2) 2456671.68 PREVIOUS MONTHS BY OWNER ---) ; 530064.00 ; .00 ; 4. TOTAL COMPLETED AND STORED TO DATE 1797288.76 (Column G on Continuation Sheet) APPROVED THIS MONTH ; ; ; 5. RETAINAGE: a. Completed Work. ... .08 NUMBER OR ; DATE ; ; , (Column DQE on Continuation Sheet) DESCRIPTION ; APPROVED ; ; ; b. % of Stored Material... 00 (Column F on Continuation Sheet) Total Retainage(line 5a 5b or Column I of Continuation Sheet) .00 6. TOTAL EARNED LESS RETAINAGE. 1797288.76 (Line 4 less Line 5 Total ) ' 7. LESS PREVIOUS CERTIFICATES FOR TOTALS ; 530064.00 ; .00 ; PAYMENT (Line 6rior Certificate) R 1775733.26 --> 8. CURRENT PAYMENT DUE 11555,50; Net change by CHANGE ORDERS ; 530064.00 ; 9. BALANCE TO FINISH, PLUS RETAINAGE 659382.92 (Line 3 less Line 6) The undersigned Contractor certifies that to the best of the Contractor's knowledge, information and belief the Work covered by this Application for Payment has been completed in accordance with the Contract Documents, that State of INDIANA County of MARION all amounts have been paid by the Contractor for Work for which previous Subscribed and sworn to Certificates for Payment were issued and payments received from the Owner, before me this 31 day of MARCH , 19.198_ and that current payment shown herein is now due. Notary Public: .1 / a-L-36-x<i' CONTRACTOR: SHI EXTOf C ANY, NC. My Commission expires: 1/28/99 By: DATE: 3/3 1/98 ARCHITECT'S CERTIFICATE FOR PAYMENT In accordance with the Contract Documents, based on on-site observations AMOUNT CERTIFIED $__ and the data comprising the above application, the Architect certifies to (Attach explanation if amount certified the Owner that to the best of the Architect's knowledge, information and differs from the amount applied for. belief the Work has progressed as indicated, the quality of the work is in ARCHITECT: accordance with the Contract Documents, and the Contractor is entitled to payment of the AMOUNT CERTIFIED. By: E. This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein. Issuance, payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. APPLICATION-AND-CERTIFICATE-FOR-PAYMENT - CONTINUATION SHEET PROJECT: MERCHANTS SAUARE-T.I.F ---- PAGE 2 CONTRACT FOR: - JOB ID: 033200 APPLICATION NO 7 --- CO - DATE 03-31-98 BEHMAR, INC. PERIOD TO: 03-25-98 -- INVOICE NO: 033207 CONTRACTOR: SHIEL SEXTON COMPANY, INC. ARCHITECT: ARCHITECT'S PROJECT NO: A 1 B C 0 1 E ; F G 1 H ITEM WORK COMPLETED MATERIALS 1 TOTAL % , NO { DESCRIPTION OF WORK SCHEDULED PRESENTLY COMPLETED 1 1 BALANCE VALUE f PREVIOUS I THIS 1 STORED AND STORED 1 (0/C): TO FINISH 1 RETAINAGE 1 1 APPLICATION' PERIOD 1 (NOT INTO (G+E) TO DATE 1 1 (C-G) D OR E) 1 (0+E+F) ; 10500 LAYOUT 52300.00 25652.46 14000 TESTING SERVICES 35000.00 25652.46 49:: 26647.54 19900 CONTINGENCY-OWNERS 35000.00 20700 SELECTIVE DEMOLITION 160000.00 120000.00 22200 EXCAVATION & BACKFILL 210000.00 200000.00 0 0000.O0 75 40000.00 25000 SITE DRAINAGE 390000.00 3227 82.00 200000.00 83 10000.00 26000 ASPHALT PAVING 322282.00 83% 450868.00 438148.87 10209.80 677]9.33 1 27000 SITE AMENTITIES 100000.00 1760.00 448358.67 99i 2509.33 27100 FENCING 12000.00 3060.00 1760.00 2% 98240.00 1 27400 IRRIGATION SYSTEMS 83725.00 3060.00 26% 8940.00 1 28000 LANDSCAPING 90136.00 83725.00 1160050 ELECTRICAL CONTRACTORS o 2b 361.50 26361.50 29% 1.9867.00 184900.50 9749.00 :900001 CHANGE ORDER #1 530064.00 347794.69 194649.50 66 5217.50 63774.50 :999999 CONTRACTOR'S FEE 142711.68347794.69 65 182269.31 �1 105773.24 1596.70 107369.94 75%: 35341.74 1 APPLICATION TOTALS 2456671.68 1775733.26 21555.50 .00 1797288.76 73y, 659382.92 ,00; • O9'999'LZ OO113d SIHI a3131dWO0 1d1O1 0E969'1, %9 33d S.2dO1.0V211NO0 08'896'61- OOI2:3d SIHI a3131dWOO 00'6171'6 090091 1d1O18 f1 S 00'617L'6 ONI1HJ113112 3111 060096 09.60Z`01- 00901. 1d1O18fS 08'60Z'06 S2JO13VJJNOO 3NO1S311W 0009Z 1NfOWV 31\gli S2IfOH 2jOON3n 3SVHd L# NOLLVOI1dd'd '9666 H0HVW 31na3HOS IN311\13aifl SIO 'd 'I '1-32jVfOS S1NVHO13111 - Z££ sor . 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JOB 332 - MERCHANTS SQUARE-T. I. F. DISBURSEMENT SCHEDULE MAY 1998, APPLICATION #9 PHASE VENDOR HOURS RATE AMOUNT 10500 CARPENTER 80 45.00 3,600.00 SUBTOTAL 10500 3,600.0E 20700 POINDEXTER EXCAVATING 22,336.00 PARTY TIME RENTAL 760.73 SUBTOTAL 20700 23,096.73 22200 POINDEXTER EXCAVATING 10,000.00 SUBTOTAL 22200 10,000.00 COMPLETED THIS PERIOD 36,696.73 CONTRACTOR'S FEE 8% 2,935.74 TOTAL COMPLETED THIS PERIOD 39,632.47 TOTAL HRS BILLED THIS PERIOD 80 PARTIAL WAIVER OF LIEN WHEREAS,Shiel Sexton Company,Inc.,8035 Castleton Road,Indianapolis,In 46250("Contractor")has been heretofore employed by BENMAR,INC. ("Company") to furnish certain material,supplies,equipment or labor for or in connection with improvements owned by BENMAR,INC.("Owner") and located at MERCHANTS SQUARE T.I.F. (hereinafter collectively referred to as the"Premises"); and WHEREAS,the undersigned is duly authorized to execute this Partial Waiver of Lien for and on behalf of the Contractor; NOW,THEREFORE,the Contractor,for and in consideration of the receipt of Thirty-nine Thousand Six Hundred Thirty-two Dollars and 47/100 (S39.632.47)hereby waives,and releases the Owner of the Premises and the Company from any and all liens, rights of lien or claims of whatsoever kind or character on or against the Premises or the improvements located thereon on account of any and all labor,supplies,equipment or material furnished for,in connection with or incorporated in the Premises by the Contractor on or before the date hereof; represents and warrants that no other person or party has any right to a lien or claim on account of any labor or work performed or material,supplies or equipment furnished by,to or through the Contractor,on or before the date hereof,and agrees to indemnify,defend and hold the Owner and the Company harmless from and against any and all claims or liens for any labor,material or services furnished for or in connection with or incorporated on the Premises by,through or to the Contractor prior to the date hereof. This Partial Waiver of Lien is given in order to induce the Company to pay the amount indicated above,and upon receipt of such amount by the Contractor,this release may be recorded,becomes valid,enforceable and of full effect. Shiel Sexton Compar(v',Inc. // l Name o ntr i/ Dated: 5/29/98 By: Authorized Representative STATE OF INDIANA ) ) SS: Title: Project Manager COUNTY OF MARION) Before me,a Notary Public in and for said County and State,personally appeared Tom Lange who acknowledged the execution of the foregoing Partial Waiver of Lien, and who,having been sworn,stated that the requirements therein contained are true. Witness my hand and Notarial Seal this 29th day of May, 1998. My Commission Expires , 1-28-99 Printed: Janet D.Perkins Boone Notary Public . APPLICATION AND CERTIFICATE FOR PAYMENT PAGEIOF 2 TO (OWNER): BEHMAR, INC. PROJECT: 033200 MERCHANTS SQUARE-T.1.F APPLICATION NO 10 DATE: 06-30-98 C10 THE LINDER CO. 116TH & KEYSTONE TIF PROJ 8555 H RIVER ROAD,4375 CARMEL, IN 46032 PERIOD TO: 06-25-98 INDIANAPOLIS, IN 46240 ATTENTION: MR. CRAIG HESSEE ARCHITECT'S FROM (CONTRACTOR): SHIEL SEXTON COMPANY, IHC. PROJECT H0: P. 0. BOX 77004093 IHDPLS., IN 46277-4093 CONTRACT DATE: 06-03-97 INVOICE NO: 033210 CONTRACT FOR: CONTRACTOR'S APPLICATION FOR PAYMENT Application is made for payment, as shown below, in connection with the Contract. Cont. Sheet is attached CHANGE ORDER SUMMARY 1. ORIGINAL CONTRACT SUM 1926607.68 ADDITIONS $ 1 DEDUCTIONS $ 2. Net change by Change Orders 530064.00 CHANGE ORDERS APPROVED IN 1 3. CONTRACT SUM TO DATE (lines 1+2) . 2456671.68 PREVIOUS MONTHS BY OWNER ---> 530064.00 .00 1 4. TOTAL COMPLETED AHD STORED TO DATE 2106638.62 (Column G on Continuation Sheet) APPROVED THIS MONTH 5. RETAINAGE: a. Completed Work.... .00 NUMBER OR 1 DATE 1 1 ; (Column D+E on Continuation Sheet) DESCRIPTION APPROVED 1 b. % of Stored Material... 00 (Column F on Continuation Sheet) Total Retainage(line Sa + 5b or Column l of Continuation Sheet) .00 6. TOTAL EARNED LESS RETAINAGE. . 2106638.62 (Line 4 less Line 5 Total ) 7. LESS PREVIOUS CERTIFICATES FOR TOTALS 1 530064.00 .00 PAYMENT (Line 6 prior Certificate).. . 1965014.58 --> 8. CURRENT PAYMENT DUE 141624.04 Het change by CHANGE ORDERS 1 530064.00 1 9. BALANCE TO FINISH, PLUS RETAINAGE. 350033.06 (Line 3 less Line 6) The undersigned Contractor certifies that to the best of the Contractor's knowledge, information and belief the Work covered by this Application for INDIANA MARION Payment has been completed in accordance with the Contract Documents, that State of County of all amounts have been paid by the Contractor for Work for which previous Subscribed and sworn to Certificates for Payment were issued and payments received from the Owner, before me this 30 - day of JUNE ,,1998_ and that current payment shown herein is now due. c-,' Notary Public: LL"1dLL LL. � '" Gla CONTRACTOR: SHIE SHIE X 0:144! /,/_?.Y 1/28/99 My Commission expires: By: --------- --'---------- ` DATE: 6/30/98 ARCHITECT'S CERTIFICATE FOR PAYMENT In accordance with the Contract Documents, based on on-site observations AMOUNT CERTIFIED $ and the data comprising the above application, the Architect certifies to (Attach explanation if amount certified the Owner that to the best of the Architect's knowledge, information and differs from the amount applied for. belief the Work has progressed as indicated, the quality of the work is in ARCHITECT: accordance with the Contract Documents, and the Contractor is entitled to payment of the AMOUNT CERTIFIED. By: DATE: __--- This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein. Issuance, payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. APPLICATION AND CERTIFICATE FOR PAYMENT - CONTINUATION SHEET PAGE 2 PROJECT: MERCHANTS SOUARE-T.I.F JOB ID: 033200 APPLICATION NO 10 DATE 06-30-98 CONTRACT FOR: _= PERIOD TO: 06-25-98 TO: BENMAR, INC. INVOICE HO: 033210 CONTRACTOR: SHIEL SEXTON COMPANY, INC. -- ARCHITECT: ARCHITECT'S PROJECT NO: I A I B I C : D I E I F I G H I I I ; : WORK COMPLETED ; MATERIALS I TOTAL I % I ITEM I I SCHEDULED I I PRESENTLY ; COMPLETED I I BALANCE I NO I DESCRIPTION OF WORK I VALUE I PREVIOUS I THIS ; STORED I AND STORED I (GICX TO FINISH I RETAINAGE I I I APPLICATION: PERIOD I (NOT IN I TO DATE I I (C-G) I ' (D*E) : I D OR E) I (D*E*F) I : ; 10500 LAYOUT 52300.00 38747.46 38747.46 74% 13552.54 14000 TESTING SERVICES 35000.00 35000.00 119900 CONTINGENCY-OWNERS 20700 SELECTIVE DEMOLITION 160000.00 159346.73 159346.73 100% 653.27 122200 EXCAVATION & BACKFILL 210000.00 210000.00 210000.00 100% 25000 SITE DRAINAGE 390000.00 322282.00 67718.00 390000.00 100% 26000 ASPHALT PAVING 450868.00 450868.00 450868.00 100% 127000 SITE AMENTITIES 100000.00 1760.00 8026.37 9786.37 10% 90213.63 27100 FENCING 12000.00 3060.00 3060.00 26% 8940.00 127400 IRRIGATION SYSTEMS 83725.00 83725.00 28000 LANDSCAPING 90136.00 26361.50 55389.00 81750.50 91% 8385.50 :160050 ELECTRICAL CONTRACTORS 199867.00 199321.75 199321.75 100% 545.25 1170090 1170091 1900001 CHANGE ORDER 11 530064.00 440327.33 440327.33 83% 89736.67 1999999 CONTRACTOR'S FEE 142711.68 112939.81 10490.67 123430.42 86% 19281.20 I I APPLICATION TOTALS 2456671.68 1965014.58 141624.04 .00 2106638.62 86%I 350033.06 .00: SHIEL SEXTON CO., INC. • JOB 332 - MERCHANTS SQUARE-T. I. F. DISBURSEMENT SCHEDULE JUNE 1998, APPLICATION #10 PHASE VENDOR HOURS RATE AMOUNT 25000 MILESTONE CONTRACTORS 67,718.00 SUBTOTAL 25000 67,718.00 27000 MILESTONE CONTRACTORS 8,026.37 SUBTOTAL 27000 8,026.37 28000 MATHIES LANDSCAPING 55,389.00 SUBTOTAL 22200 55,389.00 COMPLETED THIS PERIOD 131,133.37 CONTRACTOR'S FEE 8% 10,490.67 TOTAL COMPLETED THIS PERIOD 141,624.04 TOTAL HRS BILLED THIS PERIOD 0 PARTIAL WAIVER OF LIEN WHEREAS,Shiel Sexton Company,Inc.,8035 Castleton Road,Indianapolis,In 46250 ("Contractor") has been heretofore employed by BENMAR,INC. ("Company") to furnish certain material,supplies,equipment or labor for or in connection with improvements owned by BENMAR.INC.("Owner") and located at MERCHANTS SQUARE T.I.F. (hereinafter collectively referred to as the"Premises"); and WHEREAS, the undersigned is duly authorized to execute this Partial Waiver of Lien for and on behalf of the Contractor; NOW,THEREFORE,the Contractor,for and in consideration of the receipt of One Hundred Forty-one Thousand Six Hundred Twenty-four Dollars and 04/100 (S141,624.04) hereby waives, and releases the Owner of the Premises and the Company from any and all liens,rights of lien or claims of whatsoever kind or character on or against the Premises or the improvements located thereon on account of any and all labor,supplies,equipment or material furnished for,in connection with or incorporated in the Premises by the Contractor on or before the date hereof; represents and warrants that no other person or party has any right to a lien or claim on account of any labor or work performed or material,supplies or equipment furnished by,to or through the Contractor,on or before the date hereof, and agrees to indemnify, defend and hold the Owner and the Company harmless from and against any and all claims or liens for any labor,material or services furnished for or in connection with or incorporated on the Premises by, through or to the Contractor prior to the date hereof. This Partial Waiver of Lien is given in order to induce the Company to pay the amount indicated above, and upon receipt of such amount by the Contractor,this release may be recorded,becomes valid,enforceable and of full effect. Shiel Sexton Company,Inc. Name of ontracto Dated: 6/30/98 By: „..,-4..-' y 7 Authorized Representative STATE OF INDIANA ) ) SS: Title: Project Manager COUNTY OF MARION) Before me, a Notary Public in and for said County and State,personally appeared Tom Lange who acknowledged the execution of the foregoing Partial Waiver of Lien, and who, having been sworn,stated that the requirements therein contained are true. Witness my hand and Notarial Seal this 30th day of June, 1998. //,',CL.-' (_ i --,4.-;t--1Ca' My Commission Expires • 1-28-99 Printed: Janet D. Perkins Boone Notary Public APPLICATION AND CERTIFICATE FOR PAYMENT PAGEIOF 2 TO (OWNER): BEHMAR, INC. PROJECT: 033200 MERCHANTS SQUARE-T.I.F APPLICATION NO 11 DATE: 07-31-98 CiO THE LINDER CO. 116TH & KEYSTONE TIF PROJ 8555 N RIVER ROAD,. #375 CARMEL, IN 46032 PERIOD TO: 07-25-98 INDIANAPOLIS, IN 46240 ATTENTION: MR. CRAIG HESSEE ARCHITECT'S FROM (CONTRACTOR): SHIEL SEXTON COMPANY, INC. PROJECT NO: P. 0. BOX 77004093 INDPLS., IN 46277-4093 CONTRACT DATE: 06-03-97 INVOICE NO: 033211 CONTRACT FOR: --- CONTRACTOR'S APPLICATION FOR PAYMENT Application is made for payment, as shown below, in connection with the Contract. Cont. Sheet is attached CHANGE ORDER SUMMARY 1. ORIGINAL CONTRACT SUM 1926607.68 ADDITIONS $ DEDUCTIONS $ 2. Het change by Change Orders. 530064.00 CHANGE ORDERS APPROVED IN 1 3. CONTRACT SUM TO DATE (lines 1;2) 2456671.68 PREVIOUS MONTHS BY OWNER ---> 530064.00 .00 1 4. TOTAL COMPLETED AND STORED TO DATE 2121019.54 (Column G on Continuation Sheet) APPROVED THIS MONTH 1 5. RETAINAGE: a. Completed Work.... .00 NUMBER OR 1 DATE { ; 1 (Column D-E on Continuation Sheet) DESCRIPTION 1 APPROVED 1 1 1 b. % of Stored Material... 00 (Column F on Continuation Sheet> Total Retainage(line Sa i 5b or Column I of Continuation Sheet) .00 6. TOTAL EARNED LESS RETAINAGE. 2121019.54 (Line 4 less Line S Total ) 7. LESS PREVIOUS CERTIFICATES FOR TOTALS ; 530064.00 1 .00 ; PAYMENT (Line 6 prior Certificate) 2106638.62 --> 8. CURRENT PAYMENT DUE 14380.92 1 Net change by CHANGE ORDERS 1 530064.00 1 9. BALANCE TO FINISH, PLUS RETAINAGE 335652.14 (Line 3 less Line 6) The undersigned Contractor certifies that to the best of the Contractor's ------ knowledge, information and belief the Work covered by this Application for Payment has been completed in accordance with the Contract Documents, that State of INDIANA County of MARION all amounts have been paid by the Contractor for Work for which previous Subscribed and sworn to Certificates for Payment were issued and payments received from the Owner, before me this 31 day fof� JULY , 1°98_and that current payment shown herein ' now due. 1� •C • Notary Public: CONTRACTOR: SHI X H C 1/28/9, My Commission expires: By: __-- DATE: 7/31/98 ARCHITECT'S CERTIFICATE FOR PAYMENT In accordance with the Contract Documents, based on on-site observations AMOUNT CERTIFIED •. t and the data comprising the above application, the Architect certifies to (Attach explanation if amount certified the Owner that to the best of the Architect's knowledge, information and differs from the amount applied for. belief the Work has progressed as indicated, the quality of the work is in ARCHITECT: accordance with the Contract Documents, and the Contractor is entitled to payment of the AMOUNT CERTIFIED. By: ___ DATE: This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein. Issuance, payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. APPLICATION AND CERTIFICATE FOR PAYMENT - CONTINUATION SHEET PAGE 2 PROJECT: MERCHANTS SQUARE-T.I.F JOB ID: 033200 APPLICATION NO 11 DATE 07-31-98 CONTRACT FOR: -- PERIOD TO: 07-25-98 TO: BEHMAR, INC. INVOICE HO: 033211 CONTRACTOR: SHIEL SEXTON COMPANY INC. ARCHITECT: ARCHITECT'S PROJECT HO: I A I B 1 C 1 D I E F : G N I I : I : WORK COMPLETED MATERIALS TOTAL I % 1 1 : ITEM 1 1 SCHEDULED 1 : PRESENTLY : COMPLETED 1 1 BALANCE 1 : HO : DESCRIPTION OF WORK 1 VALUE 1 PREVIOUS I THIS : STORED 1 AND STORED : (G/C): TO FINISH 1 RETAINAGE 1 APPLICATION: PERIOD I (NOT IN : TO DATE : 1 (C-G) 1 ' (D+E) I : D OR E> I (D+E+F) : 1 1 : 10500 LAYOUT 52300.00 38747.46 38747.46 74% 13552.54 : 14000 TESTING SERVICES 35000.00 35000.00 : 19900 CONTINGENCY-OWNERS : 20700 SELECTIVE DEMOLITION 160000.00 159346.73 159346.73 100% 653.27 1 22200 EXCAVATION & BACKFILL 210000.00 210000.00 210000.00 100% : 25000 SITE DRAINAGE 390000.00 390000.00 390000.00 ' 100% : 26000 ASPHALT PAVING 450868.00 450868.00 -2930.33 447937.67 99% 2930.33 : 27000 SITE AMENTITIES 100000.00 9786.37 9786.37 10% 90213.63 : 27100 FENCING 12000.00 3060.00 3060.00 26% 8940.00 : 27400 IRRIGATION SYSTEMS 83725.00 10000.00 10000.00 12%: 73725.00 1 28000 LANDSCAPING 90136.00 81750.50 6246.00 87996.50 98% 2139.50 1160050 ELECTRICAL CONTRACTORS 199867.00 199321.75 199321.75 100% 545.25 1170090 :170091 :900001 CHANGE ORDER 11 530064.00 440327.33 440327.33 83% 89736.67 :999999 CONTRACTOR'S FEE 142711.68 123430.48 1065.25 124495.73 87% 18215.95 I 1 APPLICATION TOTALS 2456671.68 2106638.62 14380.92 .00 2121019.54 86% 335652.14 .80: SHIEL SEXTON CO., INC. JOB 332-MERCHANTS SQUARE-T. I. F. DISBURSEMENT SCHEDULE JULY 1998, APPLICATION#11 PHASE VENDOR HOURS RATE AMOUNT 26400 MICHIANA CONTRACTORS (2,930.33) SUBTOTAL 26400 (2,930.33) 27400 MATHIES LANDSCAPING 10,000.00 SUBTOTAL 27400 10,000.00 28000 MATHIES LANDSCAPING 6,246.00 SUBTOTAL 28000 6,246.00 COMPLETED THIS PERIOD 13,315.67 CONTRACTOR'S FEE 8% 1,065.25 TOTAL COMPLETED THIS PERIOD 14,380.92 TOTAL HRS BILLED THIS PERIOD 0 PARTIAL WAIVER OF LIEN WHEREAS,Shiel Sexton Company,Inc.,8035 Castleton Road,Indianapolis,In 46250("Contractor")has been heretofore employed by BEN IAR, INC. ("Company")to furnish certain material,supplies,equipment or labor for or in connection with improvements owned by BENNIAR,INC.("Owner") and located at MERCHANTS SQUARE T.I.F. (hereinafter collectively referred to as the"Premises"); and WHEREAS,the undersigned is duly authorized to execute this Partial Waiver of ' Lien for and on behalf of the Contractor; NOW,THEREFORE,the Contractor,for and in consideration of the receipt of Fourteen Thousand Three Hundred Eighty Dollars and 92/100(S14,380.92)hereby waives, and releases the Owner of the Premises and the Company from any and all liens,rights of lien or claims of whatsoever kind or character on or against the Premises or the improvements located thereon on account of any and all labor,supplies,equipment or material furnished for,in connection with or incorporated in the Premises by the Contractor on or before the date hereof; represents and warrants that no other person or party has any right to a lien or claim on account of any labor or work performed or material,supplies or equipment furnished by,to or through the Contractor,on or before the date hereof,and agrees to indemnify,defend and hold the Owner and the Company harmless from and against any and all claims or liens for any labor,material or services furnished for or in connection with or incorporated on the Premises by,through or to the Contractor prior to the date hereof. This Partial Waiver of Lien is given in order to induce the Company to pay the amount indicated above,and upon receipt of such amount by the Contractor,this release may be recorded,becomes valid,enforceable and of full effect. Shiel Sexton Corn•a nc. Name • • Dated: 7/31/98 By: Authorized Representa we STATE OF INDIANA ) ) SS: Title: Project Manager COUNTY OF MARION) Before me, a Notary Public in and for said County and State,personally appeared Tom Lange who acknowledged the execution of the foregoing Partial Waiver of Lien, and who,having been sworn,stated that the requirements therein contained are true. Witness my hand and Notarial Seal this 31st day of July, 1998. My Commission Expires 1-28-99 Printed:_Janet D. Perkins Boone Notary Public µ APPLICATION AHD CERTIFICATE FOR PAYMENT PAGE1OF 2 TO (OWNER): BENMAR, INC. PROJECT: 033200 MERCHANTS SQUARE-T.I.F APPLICATION HO 12 DATE: 08-31-98 C/0 THE LINDER CO.• 116TH & KEYSTONE TIF PROJ 8555 H RIVER ROAD, #375 CARMEL, IN 46032 PERIOD TO: 08-25-98 INDIANAPOLIS, IN 46240 ATTENTION: MR. CRAIG HESSEE ARCHITECT'S FROM (CONTRACTOR): SHIEL SEXTON COMPANY, INC. PROJECT HO: P. 0. BOX 77004093 INDPLS., IN 46277-4093 --- CONTRACT DATE: 06-03-97 INVOICE NO: 033212 CONTRACT FOR: --- CONTRACTOR'S APPLICATION FOR PAYMENT Application is made for payment, as shown below, in connection with the Contract. Cont. Sheet is attached CHANGE ORDER SUMMARY 1. ORIGINAL CONTRACT SUM. . 1926607.68 : ADDITIONS $ : DEDUCTIONS Y 2. Net change by Change Orders 530064.00 CHANGE ORDERS APPROVED IN : : : 3. CONTRACT SUM TO DATE (lines 1+2) 2456671.68 - : PREVIOUS MONTHS BY OWNER ---> 1 530064.0L 1-- :-_-__.46--'1!:r--..- - 4. TOTAL COMPLETED AND STORED TO DATE 2156486.74 (Column 8 on Continuation Sheet) APPROVED THIS MONTH : : : 5. RETAINAGE: a. Completed Work.... .00 NUMBER OR : DATE : ; : (Column D+E on Continuation Sheet) DESCRIPTION : APPROVED : : : b. of Stored Material... 00 : (Column F on Continuation Sheet) Total Retainage(line 5a + 5b or Column 1 of Continuation Sheet" .00 : 6. TOTAL EARNED LESS RETAINAGE 2156426.74 (Line 4 less Line 5 Total ) 7. LESS PREVIOUS CERTIFICATES FOR TOTALS : 530064.00 : .00 : PAYMENT (Line 6 prior Certificate) 2121019.54 --> 8. CURRENT PAYMENT DUE 35467.20 Net change by CHANGE ORDERS : 530064,00 ; 9. BALANCE TO FINISH, PLUS RETAINAGE 300184.94 (Line 3 less Line 6) The undersigned Contractor certifies that to the best of the Contractor's - knowledge, information and belief the Work covered by this Application for Payment has been completed in accordance with the Contract Documents, that State of INDIANA County of MARION all amounts have been paid by the Contractor for Work for which previous • -Subscribed and sworn to - - • Certificates for Payment were issued and payments received from the Owner, before me this 31 day of ___ AUGUST , 19_2_!3_ and that current payment shown rein is now due. I ,� Notary Public: �c Z: ,/I� C.z,, CONTRACTOR: SEXT OMP NY, INC. 1/28/99 My Commission expires: -_ By; ____-- - __-- DATE: 8/31/98 ARCHITECT'S CERTIFICATE FOR PAYMENT In accordance with the Contract Documents, based on on-site observations AMOUNT CERTIFIED $ and the data comprising the above application, the Architect certifies to (Attach explanation if amount certified the Owner that to the best of the Architect's knowledge, information and differs from the amount applied for. belief the Work has progressed as indicated, the quality of the work is in ARCHITECT: accordance with the Contract Documents, and the Contractor is entitled to payment of the AMOUNT CERTIFIED. By: DATE: -- This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein. Issuance, payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. APPLICATION AND CERTIFICATE FOR PAYMENT - CONTINUATION SHEET PAGE 2 PROJECT: MERCHANTS SQUARE-T.I.F JOB ID: 033200 APPLICATION NO 12 DATE 08-31-98 CONTRACT FOR: PERIOD TO: 08-25-98 TO: BENMAR, INC. INVOICE HO: 033212 CONTRACTOR: SHIEL SEXTON COMPANY, INC. ARCHITECT: ARCHITECT'S PROJECT NO: A 1 B C 1 D : E F 1 G : H 1 I ; 1 : WORK COMPLETED 1 MATERIALS 1 TOTAL 1 % 1 : ITEM : : SCHEDULED : : PRESENTLY : COMPLETED : : BALANCE 1 NO 1 DESCRIPTION OF WORK 1 VALUE : PREVIOUS 1 THIS : STORED 1 AND STORED : (0/C): TO FINISH : RETAINAGE APPLICATION: PERIOD : (NOT IN 1 TO DATE 1 1 (C-G) : : : : (D+E) : 1 D OR E) : (D+E;F) : : : 10500 LAYOUT 52300.00 38747.46 38747.46 74% 13552.54 14000 TESTING SERVICES 35000.00 35000.00 19900 CONTINGENCY-OWNERS 20700 SELECTIVE DEMOLITION 160000.00 159346.73 2120.00 161466.73 101% -1466.73 22200 EXCAVATION & BACKFILL 210000.00 - 210000.00 210000.-00 -100%: 25000 SITE DRAINAGE 390000.00 390000.00 390000.00 100% 26000 ASPHALT PAVING 450868.00 447937.67 447937.67 99%: 2930.33 27000 SITE AMENTITIES 100000.00 9786.37 9786.37 10% 90213.63 27100 FENCING 12000.00 3060.00 3060.00 26% 8940.00 27400 IRRIGATION SYSTEMS 83725.00 10000.00 30720.00 40720.00 49% 43005.00 1 28000 LANDSCAPINGG 90136.00 87996.50 87996.50 98 2139.50 :160050 ELECTRICAL CONTRACTORS 199867.00 199321.75 199321.75 100% 545.25 :170090 :170091 1900001 CHANGE ORDER 11 530064.00 440327.33 440327.33 83%: 89736.67 :999999 CONTRACTOR'S FEE 142711.68 124495.73 2627.20 127122.93 89% 15588.75 : : APPLICATION TOTALS 2456671.68 2121019.54 35467.20 .00 2156486.74 88% 301651.67 .00 : 1 TOTAL COMPLETED AND STORED THAT EXCEEDS SCHEDULED VALUE 1466.73 : SHIEL SEXTON CO., INC. JOB 332 - MERCHANTS SQUARE -T. I. F. DISBURSEMENT SCHEDULE AUGUST 1998, APPLICATION #12 PHASE VENDOR HOURS RATE AMOUNT 20700 ROWLAND TRENCHING 2,120.00 SUBTOTAL 20700 2,120.00 27400 MATHIES LANDSCAPING 30,720.00 SUBTOTAL 27400 30,720.00 COMPLETED THIS PERIOD 32,840.00 CONTRACTOR'S FEE 8% 2,627.20 TOTAL COMPLETED THIS PERIOD 35,467.20 TOTAL HRS BILLED THIS PERIOD 0 PARTIAL WAIVER OF LIEN WHEREAS,Shiel Sexton Company,Inc.,8035 Castleton Road,Indianapolis,In 46250("Contractor")has been heretofore employed by BENMAR,INC. ("Company")to furnish certain material,supplies,equipment or labor for or in connection with improvements owned by BENMAR,INC. ("Owner") and located at MERCHANTS SQUARE T.I.F. (hereinafter collectively referred to as the"Premises"); and WHEREAS,the undersigned is duly authorized to execute this Partial Waiver of Lien for and on behalf of the Contractor; NOW,THEREFORE,the Contractor, for and in consideration of the receipt of Thirty-five Thousand Four Hundred Sixty-seven Dollars and 20/100 (535,467.20) hereby waives,and releases the Owner of the Premises and the Company from any and all liens, _ , _ rights.f lien or claims of whatsoever kind or character on or against the Premises or the improvements located thereon on az:.ount-af-.ny and-all iu' 6: supplies,equipment or- = — — = _ --- material furnished for,in connection with or incorporated in the Premises by the Contractor on or before the date hereof; represents and warrants that no other person or party has any right to a lien or claim on account of any labor or work performed or material,supplies or equipment furnished by, to or through the Contractor,on or before the date hereof,and agrees to indemnify,defend and hold the Owner and the Company harmless from and against any and all claims or liens for any labor,material or services furnished for or in connection with or incorporated on the Premises by,through or to the Contractor prior to the date hereof. This Partial Waiver of Lien is given in order to induce the Company to pay the amount indicated above, and upon receipt of such amount by the Contractor,this release may be recorded,becomes valid,enforceable and of full effect. Shiel Sexton Com..nv Inc. Nam- o'Co -•c:• Dated: 8/31/98 By: ✓_sir Authorized Repres- tative STATE OF INDIANA ) ) SS: Title: Project Manager COUNTY OF MARION) Before me,a Notary Public in and for said County and State,personally appeared Tom Lange who acknowledged the execution of the foregoing Partial Waiver of Lien, and who,having been sworn,stated that the requirements therein contained are true. Witness my hand and Notarial Seal this 31st day of August, 1998. My Commission Expires • 1-28-99 Printed: Janet D.Perkins Boone Notary Public ''+ ° APPLICATION AND C E F;: T I F I C A T E FOP P A Y ; [ G 7 PAGE l OF 2 ' TO (OWNER): 9ExMAR/ INC. . � O.3EIT` 023100HEF1HA � DA03-22- :::#�� UARE-T. [.F AFH.ICATIO� h0 13 DATE: 03-22- ::: C/0 THE LINHP CO. 116TH KEYSTONE 7lF PRI.;� 8SSS p RIVER R;:*. WE CARMEL. IN 46832 PERIOD Til 09'2S-7iO INDIANAPOLIS? IS 4::4,:, ATTENTION: MR. CRAIG HEKF[ ;;R[H|[[IT'S FROM (CONTRACTOR): SKlEL SEXrI-P1 COMRNNY, IC. FFiJ3ZT ij::: P. O. BOX 7700:593 lHDFLS., IN 46277-402 CO;iTRA,IT DATE: .i6';3-K _ ___ INV0IE NO: 033212 CONTRACT FOR: ---' __ . CONTRACTOR'S JPLlCAT0N FOR PAYMENT ppp|icot:ox is ,a^s for pa!'meot. as shoun :e!o, /, -- ' cuonmtior with the Contract. Cont. Sheet |E attacs.., | CHANGE iRCER SUMMARY | | — --/ |. ORIGINAL C0XT.RAP7 Som . . 192;.:6:.J.:| | ADDITIONS $ ; CESUOTlON3 1 | 2. ;4E1; cnamge �, a,qE Or.-)Pr--, 8 �4.�� | CHANGE ORDERS APPROVED IN | | | 3. CONTRACT SOK TO DATE ,11ne ;-�/ 2456671.6C | PREVIOUS' MONTHS BY 0WU2K --> ; S20064.0 : .0:.' ; 4. TOTAL CWLETED .4*} STORED 70 DATE 212O54L66 | ' | (Column ; on Continuation Sheet) | APPROVED THIS MONTH | | | S. RETAINAGE: | ' --| | . a. Completed Xom.... .C.ft | HUMBER OR | DATE | � | (Co\m D~E o: Cunti:;iation Sheet) | DFSCkIPTIgN | APPROVED : | / k. % of Stored Material... .06 |-- | . | (Column F on Continuation Sheet:, | | | | Total Keteimge<lioe Ea ^ 5n or | | | � | Coir I of Continuation 9xe*r, .C� , | | | / 6. TOTAL EARNED LESS RETAIUA;JE 2i28943.66 | | | � Total ', (Line 4 !e�� Line 5 7ota� | | 7. LESS PREVIOUS CERTIFICATES FgR | TOTALS | E0064.00 / .i:;;;; | PAYMENT (Line 6 prior [e,tificatP).. . 2156486.74 | — -- | --> C. CURRENT PAYMENT DUE.. . '17546.5O | ;et change by CHANGE ORDERS | 520864.80 • 9. BALANCE TO FINISH. PLUS R[T4',TwS[ P7731.32 — ' (Line 3 less Line 6) The undersigned Contractor certifies that to tn* best of the Contractor's koow|edge, information and belief the Work covered by this Application for Payment has been completed in accordance with the Contract Documents? that State of INDIANA rw.nty aM&8IO0 all amounts have been paid by the Contractor for Work for which previous Subscribed and sworn to Certificates for Payment were issued and yaynents received from the 8wner/ before me this -30 day of SEPTEMBER ' S98_ and that current. payment shown herein is now due. �� - Notary Public: x,^/ .ecioa) CONTRACTOR: C ..PAUY INC. :y Commission exp|re; l/28/99 By: ��� O' DATE: 9/38/98 ARCHITECT'S CERTIFICATE FOR PAYMENT ' In accordance with the Contract Dncuwents/ based on on-site observations AMOUNT CERTIFIED $_ and the data comprising the above application? the Architect certifies to (Attach explanation if amount certified the Owner that to the best of the Architect's xnuv|ed0e' information end differs from the amount applied for. belief the Work has progressed as iod)cateU/ the quality of the work is in ARCHITECT: accordance with the Contract 0ocuwents, and the Contractor is entitled to payment of the AMOUNT CERTIFIED. 8y: DATE: This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein. lssoanca/ payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. NFPLjC4TION NE, CERTIFICATE FOR PAYMENT - CONTINUATION SHEET :-..”1 _ PROJE. . NERC`-H1:) S<iUr'.PE-T.I.F C, 0.3::P J PLICA ION NO DATE 09-20-9S CONTRACT FOP: - PERIOD Tlx: : -25-'98 "! OICE NO: 03 21; 'Q::T R: COMPANY,T : ;,EI4.:;;F� INC.If'._ . ;6°�l _ _� FACTC. . SPIE_ SEXTONr•�F „ N. W.CHITECT• aRCHITE T . PRO+E:T NO: n ` i . WORf- COMPLETED! loTE-IA_3 i TOTAL . 1 : ITEM . . SCHEDULED . i ESENTLY . COMPLETED . EALAN°C_ . • : HO . OE :PIPTI3!N OF H!CF VALUE : PRE fIOU: : ;H . STORED : 4ND STORED .GGIC::: TO FIN_:- . � E : . APPL%!_ATION1 _E'.I'-- �`1OT IN : TO DATE t_-I+. : iEi T, ORE iI,,E.F . 1 =05o:1 OL1- 52200.00 2374-.4,':. 74% 135 140 ' TESTIN:J _EPiY ICES 3E000.00 350l!'.!... 1 19900 CONTINGENCY-ONNEPS . 2070: SELECTIVE D_Mc-ITIUH 160000.00 i G.`:`.f_ 161466.72 _J -1466.71 : 2220: E CAVATION & SSACKFILL 910000.00 210000.06 _160030.00 :00%: : 2E.000 SITE DRAT IIAi_E 390000.00 390 00.00 350000.010 iv1!% 1 o 0 09 SP• �..i! 500 0• 447937.67 .6793 7 u"• 29301 - 1 LFJ4 U:1 ASPHALT F:-.I'r:b <IJ•�?�?3.11.1 4••, :?e.G '� �. � Jl._. 1 27000 SITE rM ENT ITiES 100000.00 1tC0C.0i97 .:' 9706.3: 10% 9021.2. I 2710L FENCIOS 12000.00 2060,00 30.00 2E? 394'.....;'. : 27400 IRRIGATION SYSTEMS 03725.00 49:1 20.010 40720.Ou 4c!% 42005.00 . 28000 LANDSCARINO 90136.00 87'99 .LU 8799 .50 9O% 21...5!: •7 T h T' - 7 _,.2 _ 1- . 2 0 00 1tf101J5u ELECTRICAL !_'7tdlF.�lEi!i-._ I''I�i?Gi.t:!� I'. .::1.'C '1__�!5.bt Ei.::G.i� ?f iE•Ii5U,-- :170090 ;17001991 ;910001 _.fN:F ORE: . 'r L..i 520064.00 440:27.33 440327.33 ..• 89736.E' A27, 1 -2`40 2500:. A:. O 2 :� �'i'�': CONTRACTOR'SFEE Iy., I,.i:•!i 127122.93 _ -'i.4= 1LJi1oL.�,:� i?d%. i76_y.2! : 1 APPLICATION TOTALS 24E6671.60 2156436.74 -27546.0C .00 2128940.6t. :7: 329197.75 •011 : TOTAL COMPLETED AND STORED THAT EXCEEDS SCHEDULED VALUE 14.:,6.72 SHIEL SEXTON CO., INC. JOB 332 - MERCHANTS SQUARE-T. I. F. DISBURSEMENT SCHEDULE SEPTEMBER 1998, APPLICATION #13 PHASE VENDOR HOURS RATE AMOUNT 160010 LITE RITE LIGHTING (25,505.63) SUBTOTAL 160010 (25,505.63) COMPLETED THIS PERIOD (25,505.63) CONTRACTOR'S FEE 8% (2,040.45) TOTAL COMPLETED THIS PERIOD (27,546.08) APPLICATION AND CERTIFICATE FOR PAYMENT PAGE 1 OF 2 TO (OWNER): BENMAR, INC. PROJECT: 033200 MERCHANTS SQUARE-T.I.F APPLICATION NO 14 DATE: 10-30-98 C!0 THE LINDER CO. 116TH 6 KEYSTONE TIF PROJ 8555 N RIVER ROAD, $375 CARMEL, IN 46032 PERIOD TO: 10-25-58 INDIANAPOLIS, IN 46240 ATTENTION: MR. CRAIG HESSEE ARCHITECT'SARCEE NO: FROM (CONTRACTOR): SHIEL SEXTON COMPANY, INC. P. O. BOX 77004093 IHDPLS., IN 46277-4093 CONTRACT DATE: 06-03-37 INVOICE HO: 033214 CONTRACT FOR: CONTRACTOR'S APPLICATION FOR PAYMENT Application is made for payment, as shown below, in connection with the Contract. Cont. Sheet is attached ; CHANGE ORDER SUMMARY 1. ORIGINAL CONTRACT SUM 1699234.99 39.0 i� �"'° ADDITIONS $ DEDUCTIONS $ ; 2. Net change by Change Orders 5873 CHANGE ORDERS APPROVED IN ; ; 3. CONTRACT SUM TO DATE (lines 1*2) 2286573.99 PREVIOUS MONTHS BY OWNER ---: ; 530064.00 ; .00 ; 4. TOTAL COMPLETED AND STORED TO DATE 22,.4099.50 (Column G on Continuation Sheet) APPROVED THIS MONTH S. RETAIN G_: JA a. Completed Work. ... NUMBER OR ; DATE ; ; (Column D+E on Continuation Sheet) DESCRIPTION ; APPROVED ; ; ; b. %. of Stored Material... .00 (Column F an Continuation Sheet) 2 ; 10-26-98 ; 57275.00 ; ; Total Retainage(line 5a { 5b or Column I of Continuation Sheet) .00 6. TOTAL EARNED LESS RETAINAGE 1269099.50 , (Line 4 less Line 5 Total ) 7. LESS PREVIOUS CERTIFICATES FOR TOTALS ; 587339.00 ; .00 ; PAYMENT (Line 6 prior Certificate) 2120540.66 -) 8. CURRENT PAYMENT DUE 140158.84 Net change by CHANGE ORDERS ; 587339.00 ; 9. BALANCE TO FINISH, PLUS RETAINAGE. 17474.49 (Line 3 less Line 6) The undersigned Contractor certifies that to the best of the Contractor's knowledge, information and belief the Work covered by this Application for INDIANA Count of MARION Payment has been completed in accordance with the Contract Documents, that State of y all amounts have been paid by the Contractor for Work for which previous Subscribed and sworn to ___OCTOBER 19_9§ Certificates for Payment were issued and .•vments received from the Owner, before me this 30 day of and that current payment • wn here' is now �l� NC. -/C/(--X2fdue. Notary Public: CONTRACTOR: SHI XTON Ci• A, ', INC. My Commission expires: 1J28f99 By: ------ --- - DATE: __10130L 8____ ARCHITECT'S CERTIFICATE FOR PAYMENT $ In accordance with the Contract Documents, based on on-site observations AMOUNT CERTIFIED and the data comprising the above application, the Architect certifies to (Attach explanation if amount certified the Owner that to the best of the Architect's knowledge, information and differs from the amount applied for. belief the Work has progressed as indicated, the quality of the work is in ARCHITECT: accordance with the Contract Documents/ and the Contractor is entitled to By: _� ___ DATE: payment of the AMOUNT CERTIFIED. This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein. Issuance/ payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. APPLICATION AND CERTIFICATE FOR PAYMENT - CONTINUATION SHEET PAGE 2 PROJECT: MERCHANTS SQUARE-T.I.F JOB ID: 033200 APPLICATION HO 14 DATE 10-30-98 CONTRACT FOR: -- PERIOD TO: 10-25-98 TO: BENMAR, INC. INVOICE NO: 033214 CONTRACTOR: SHIEL SEXTON COMPANY, INC. ARCHITECT: ARCHITECT'S PROJECT NO: A 1 6 C 1 D 1 E { F 1 G H 1 WORK COMPLETED 1 MATERIALS f TOTAL 1 % 1 ITEM 1 ; SCHEDULED I -1 PRESENTLY 1 COMPLETED 1 BALANCE 1 HO 1 DESCRIPTION OF WORK ; VALUE 1 PREVIOUS 1 THIS STORED 1 AND STORED 1,(G/C); TO FINISH 1 RETAINAGE ; APPLICATIONI PERIOD (NOT IN 1 TO DATE 1 (C-C1') 1 (D+E) 1 D OR E) ; (D+E+F) 1 10500 LAYOUT 38747.46 38747.46 38747.46 100% 14000 TESTING SERVICES 19900 CONTINGENCY-OWNERS 20700 SELECTIVE DEMOLITION 161466.73 161466.73 161466.73 100% 22200 EXCAVATION & BACKFILL 210000.00 210000.00 210000.00 100?: 25000 SITE DRAINAGE 390000.00 390000.00 390000.00 100: 428912.73 447937.67 -35205.02 412732.65 96%: 16180.02 2600u ASPHALT PAVING 428912.73 � 27000 SITE AMENTITIES 9786.37 9786.37 9786.37 100'' 27100 FENCING 3060.00 3060.00 3060.00 100?: 27400 IRRIGATION SYSTEMS 11217.99 40720.00 -29502.01 11217.99 100: 28000 LANDSCAPING 87996.50 87996.50 87996.50 100?: 1160050 ELECTRICAL CONTRACTORS 232177.94 173816.12 58361.82 232177.94 100: :170090 1170091 ;900001 CHANGE ORDER #1 530064.00 440327.33 89736.67 530064.00 100%. 1900002 CHANGE ORDER 42 57275.00 57275.00 57275.00 100;; 1999999 CONTRACTOR'S FEE 125869.27 125082.48 -507.62 124574.86 99% 1294.41 86 73.99 2128940.66 140158.84 .001y 50 APPLICATION TOTALS tea, 2269099.1. 99% 17474.49 SHIEL SEXTON CO., INC. JOB 332- MERCHANTS SQUARE-T. I. F. DISBURSEMENT SCHEDULE OCTOBER 1998, APPLICATION #14 PHASE VENDOR HOURS RATE AMOUNT 26000 MILESTONE CONTRACTORS, L.P. (23,633.28) MILESTONE CONTRACTORS, L.P. (11,571.74) SUBTOTAL 26000 (35,205.02) 27400 MATHIES LANDSCAPING (29,502.01) SUBTOTAL 27400 (29,502.01) 160050 EDWARDS ELECTRICAL 58,361.82 SUBTOTAL 160050 58,361.82 COMPLETED THIS PERIOD (6,345.21) CONTRACTOR'S FEE 8% (507.62) CHANGE ORDER#1 MATHIES LANDSCAPING, INC. 53,587.50 MATHIES LANDSCAPING, INC. 29,502.01 SUBTOTAL CHANGE ORDER#1 83,089.51 CONTRACTOR'S FEE 8% 6,647.16 TOTAL CHANGE ORDER#1 89,736.67 CHANGE ORDER#2 MILESTONE CONTRACTORS 34,243.67 MILESTONE CONTRACTORS 11,571.74 POINDEXTER 7,217.00 SUBTOTAL CHANGE ORDER#2 53,032.41 CONTRACTOR'S FEE 8% 4,242.59 TOTAL CHANGE ORDER#2 57,275.00 TOTAL COMPLETED THIS PERIOD 140,158.85 PARTIAL WAIVER OF LIEN WHEREAS,Shiel Sexton Company,Inc.,8035 Castleton Road,Indianapolis,In 46250 ("Contractor")has been heretofore employed by BENMAR,INC. ("Company") to furnish certain material,supplies,equipment or labor for or in connection with improvements owned by BENMAR,INC.("Owner") and located at MERCHANTS SQUARE T.I.F. (hereinafter collectively referred to as the"Premises"); and WHEREAS,the undersigned is duly authorized to execute this Partial Waiver of Lien for and on behalf of the Contractor; NOW,THEREFORE,the Contractor, for and in consideration of the receipt of One Hundred Forty Thousand One Hundred Fifty-eight Dollars and 84/100 ($140,158.84) hereby waives,and releases the Owner of the Premises and the Company from any and all liens, rights of lien or claims of whatsoever kind or character on or against the Premises or the improvements located thereon on account of any and all labor,supplies,equipment or material furnished for,in connection with or incorporated in the Premises by the Contractor on or before the date hereof; represents and warrants that no other person or party has any right to a lien or claim on account of any labor or work performed or material, supplies or equipment furnished by,to or through the Contractor,on or before the date hereof, and agrees to indemnify,defend and hold the Owner and the Company harmless from and against any and all claims or liens for any labor, material or services furnished for or in connection with or incorporated on the Premises by,through or to the Contractor prior to the date hereof. This Partial Waiver of Lien is given in order to induce the Company to pay the amount indicated above,and upon receipt of such amount by the Contractor, this release may be recorded,becomes valid,enforceable and of full effect. Shiel Sexton Compan nc. I Name of ntractor Dated: 10/31/98 By: Authorized Representative STATE OF INDIANA ) SS: Title: Project Manager COUNTY OF MARION) Before me, a Notary Public in and for said County and State,personally appeared_ Tom Lange who acknowledged the execution of the foregoing Partial Waiver of Lien, and who,having been sworn,stated that the requirements therein contained are true. Witness my hand and Notarial Seal this 30th day of October, 1998. 4 My Commission Expires - Q�1C�i1G� 1-28-99 Printed: Janet D.Perkins Boone Notary Public MANTEL,COHEN,GARELICK, REISWERG & FISHMAN SUITE 800, KEYSTONE CROSSING PLAZA 8888 KEYSTONE CROSSING BOULEVARD INDIANAPOLIS. INDIANA 46240-4636 (317) 573-8888 February 4 , 1998 Billed through 01/31/98 Bill number 04001-00000-041 SJF Linder Group, Inc . 8555 North River Road ,, e Cab Suite 375 ��dS Indianapolis, IN 46240-4305 r-- A1-1-734&'" RE : Real Esate Matters Our file number: 04001/0 (II) Balance forward as of bill number 040 dated 01/09/98 $ 4 , 108 . 30 FOR PROFESSIONAL SERVICES RENDERED 01/02/98 SJF Prepare annual minutes of directors and shareholders; letter to client (no charge) . 00 hrs 01/06/98 SJG Telephone conference with Wilson; review documents; call to Hessee . 25 hrs Total fees for this matter $ 31 . 25 EXPENSES 01/31/98 Copy expense 5 .40 01/31/98 Facsimile transmissions 6 . 00 Total expenses for this matter $ 11 .40 BILLING SUMMARY STEVEN J. GLAZIER P .25 hrs 125 /hr 31 . 25 PAID TO1AL FEES .25 hrs $ 31 . 25 SC: . 1n-iffik1 Ben t12-r LANDLORD: 1a(I) A/R . TIF AMOUNT: 41. 65 4/�; IEd • CAM: ,9g AMOUNT: Yn l y''• n moi' ,1 •- 4 Linder Group, Inc . PAGE 2 Bill number 04001-00000-041 SJF TOTAL EXPENSES $ 11 .40 TOTAL CHARGES FOR THIS BILL $ 42 . 65 NET BALANCE FORWARD $ 4, 108 . 30 TOTAL BALANCE NOW DUE $ 4, 150 . 95 • NOTE: Please enclose the remittance copy with your payment . MANTEL,COKE REISWERG & PAID CK: SHITE 300, KEYSTONE Caen Mar 8888 KEYSTONE CRO: SC: INDIANAPOLIS, IND (317) 57. tato - �/R - r I LANDLORD: March 4, AMOUNT: 34-29 Billed througt CAM: Bill number 04( AMOUNT: Linder Group, Inc . APPROv L: q4� kitc)(‘ 8555 North River Road 7Suite 375 W6 at is +1, is co( Indianapolis, IN 46240-4305 • tk M �wh t �JbS `+.- t The Linder Company has all the right angles I■ 8555 N.River Rd.■Suite 375•Indianapolis,IN 46240•317/844.5313 RE : Real Esate Matters Our file number: 04001/0 (II) Balance forward as of bill number 041 dated 02/04/98 $ 4 , 150 . 95 FOR PROFESSIONAL SERVICES RENDERED 02/27/98 SJG Call to Wilson; fax from Hessee; review documents . 25 hrs Total fees for this matter $ 31 . 25 EXPENSES 02/28/98 Facsimile transmissions 3 . 00 Total expenses for this matter $ 3 . 00 BILLING SUMMARY STEVEN J. GLAZIER . 25 hrs 125 /hr 31 . 25 TOTAL FEES .25 hrs $ 31 . 25 TOTAL EXPENSES $ 3 . 00 TOTAL CHARGES FOR THIS BILL $ Q34 . 25 . NET BALANCE FORWARD $ 4 , 150 . 95 TOTAL BALANCE NOW DUE .,$ 4, 185: 20 NOTE: Please enclose the remittance copy ' tI your `!1 i; payment . '7U1.1 • o s i0. Ac{zx- C!>E,1 MANTEL,COHEN, Q -0, t.J• f2,. `L • REISWERG & Fl SUITE 500, KEYSTONE CI PAID 5555 KEYSTONE CROSSE' INDIANAPOLIS, INDIACK: 13171 573.5` SC: ,:" July 7, 1! LA:.D�_C;D: ; Billed through c al 0 Bill number 0400: - -.--, .►_ . Linder Group, Inc . Ca 0 ► 5 4ETJ 8555 North River Road v k- Suite 375 .,, n, 11311 S Indianapolis, IN 46240-4305 I"( 17 The Linder Company has all the right angles I■ 8555 N.River Rd.•Suite 375•Indioncpolis,IN 46240•317/844-5313 RE : Real Esate Matters Our file number: 04001/0 (II) Balance forward as of bill number 045 dated 06/03/98 $ 5 , 095 . 75 FOR PROFESSIONAL SERVICES RENDERED 06/05/98 SJG Telephone conference with Klayman; telephone conference with Hessee; review documents .25 hrs 06/09/98 SJG Review documents; letter to Craig . 25 hrs 06/23/98 SJG Telephone conference with Hessee; telephone conference with Wilson; review documents . 50 hrs 06/29/98 SJG Telephone conference with Craig; call to Wilson' s office; letter to Wilson; review documents .25 hrs Total fees for this matter $ 156 . 25 EXPENSES 06/30/98 Copy expense 1 . 20 06/30/98 Facsimile transmissions 3 . 00 06/30/98 Long distance telephone • 39 Total expenses for this matter $ 4 . 59 BILLING SUMMARY STEVEN J. GLAZIER 1 .25 hrs 125 /hr 156 . 25 TOTAL FEES 1 . 25 hrs $ 156 . 25 Ander Group, Inc. PAGE 2 3i11 number 04001-00000-046 SJF TOTAL EXPENSES $ 4 . 59 TOTAL CHARGES FOR THIS BILL $ 160 . 84 NET BALANCE FORWARD $ 5, 095 .75 TOTAL BALANCE NOW DUE $ 5, 256 . 59 NOTE : Please enclose the remittance copy with your payment . MANTEL,COHEN,GARELICK, REISWERG & FISHMAN SUITE 800, KEYSTONE CROSSING PLAZA 8888 KEYSTONE CROSSING BOULEVARD INDIANAPOLIS, INDIANA 46240-4636 (317) 573-8888 August 11, 1998 Billed through 07/31/98 Bill number 04001-00000-047 SJF Linder Group, Inc . 8555 North River Road C•rc14 _ Suite 375 wine-" wcs +1,11s for �. Indianapolis, IN 46240-4305 /11077,4 ‘e), RE : Real Esate Matters Our file number: 04001/0 (II) Balance forward as of bill number 046 dated 07/07/98 $ 5, 194 . 09 FOR PROFESSIONAL SERVICES RENDERED 07/30/98 SJG Telephone conference with Craig; review documents . 50 hrs Total fees for this matter $ 62 . 50 BILLING SUMMARY STEVEN J. GLAZIER . 50 hrs 125 /hr 62 . 50 TOTAL FEES . 50 hrs $ 62 . 50 TOTAL CHARGES FOR THIS BILL $ 62 . 50 NET BALANCE FORWARD c c $ 5, 194 . 09 TOTAL BALANCE NOW DUE O J G D $ 5, 256 . 59 £": Ben Mc.r 1210 — A/R — T l F i _ CnC.)6 , , • :.; i _ NOTE: Please enclose the remipGance copy with your • payment . MANTEL,COHEN,GARELICK, REISWERG & FISHM AN . SUITE 800, KEYSTONE CROSSING PLAZA CO8888 KEYSTONE CROSSING BOULEVARD INDIANAPOLIS. INDIANA 46240-4636 ! (317) 573-8888 September 2 , 1998 Billed through 08/31/98 Bill number 04001-00000-048 SJG Linder Group, Inc . 8555 North River Road Suite 375 Indianapolis, IN 46240-4305 • RE : Real Esate Matters Our file number: 04001/0 (II) Balance forward as of bill number 047 dated 08/11/98 $ 5 , 256 . 59 FOR PROFESSIONAL SERVICES RENDERED 08/10/98 SJG Telephone conference with Hessee; call to Wilson; review documents ; prepare easement and agreement 1 . 50 hrs 08/11/98 SJG Telephone conference with Craig; telephone conference with Wilson; review and revise • documents . 50 hrs 08/12/98 SJG Telephone conference with Wilson; telephone conference with Craig; review and revise closing documents ; letter to Wilson . 75 hrs 08/13/98 SJG Telephone conference with Hearn; review and revise documents ; telephone conference with Wilson . 75 hrs 08/14/98 SJG Conference with Jeff; four telephone conferences with Wilson; review documents; prepare for meeting 1 . 50 hrs 08/18/98 SJG Two telephone conferences with Hessee; telephone conference with Wilson . 25 hrs 08/19/98 SJG - Telephone -conference with Craig; telephone conference with Wilson . 25 hrs 08/20/98 SJG Telephone conference with Craig; telephone conference with Wilson . 25 hrs 08/25/98 SJG Two telephone conferences with Wilson; telephone conference with Hessee; review documents . 50 hrs 08/26/98 SJG. Travel to and meet with Chuck Wilson regarding AAA 1 . 50 hrs 08/27/98 SJG Telephone conference with Craig; letter to Craig; letter to Haney; review documents . 50 hrs 08/28/98 SJG Telephone conference with Hearn; review documents . 50 hrs • Total fees for this matter $ 1, 093 . 75 inder Group, Inc . PAGE 2 ill number 04001-00000-048 SJG XPENSES 3/31/98 Copy expense .45 3/31/98 Facsimile transmissions 11 . 00 Total expenses for this matter $ 11 .45 ILLING SUMMARY STEVEN J. GLAZIER 8 . 75 hrs 125 /hr 1, 093 . 75 TOTAL FEES 8 . 75 hrs $ 1, 093 . 75 TOTAL EXPENSES $ 11 . 45 TOTAL CHARGES FOR THIS BILL $ 1 , 105 . 20 &' O4 ' NET BALANCE FORWARD $ 5 , 256 . 59 TOTAL BALANCE NOW DUE $ 6, 361 . 79 G i u o S c 4a. P i e(`-) £ .O. • • • • NOTE : Please enclose the remittance copy with your payment . MANTEL,COHEN,GARELICK, REISWERG & FISHMAN REMITTANCE SUITE 300, KEYSTONE CROSSING PLAZA COPY 8388 KEYSTONE CROSSING BOULEVARD • INDIANAPOLIS, INDIANA 46240.4636 (317) 573.8883 May 5, 1998 Billed through 04/30/98 Bill number 04001-00000-044 SJF Linder Group, Inc . 8555 North River Road Suite 375 Indianapolis, IN 46240-4305 RE : Real Esate Matters Our file number: 04001/0 (II) Balance forward as of bill number 043 dated 04/07/98 $ 4 , 753 . 25 FOR PROFESSIONAL SERVICES RENDERED 04/08/98 SJG Call to Wilson; telephone conference with Hessee; review surveys and rights of way documents regarding Schied, Fazdi, etc . . 75 hrs 04/09/98 SJG Telephone conference with Hessee; telephone conference with Klayman-Key Bank; review documents . 75 hrs 04/10/98 SJG Call to Key Bank; review documents . 50 hrs 04/10/98 SJG Telephone conference with Klayman; letter to Klayman; prepare deed and license agreement 1 . 00 hrs 04/13/98 SJG Travel to and attend meeting with Craig, Wilson & Grimes; review documents 1 . 00 hrs 04/16/98 SJG Telephone conference with Wilson; call to Craig . 25 hrs 04/17/98 SJG Telephone conference with Linder; call to Hessee; review documents . 50 hrs 04/20/98 SJG Call to Hessee; review AAA Plans; telephone conference with Wilson; review documents . 50 hrs 04/24/98 SJG . Telephone conference with Craig; travel to and meet with Chuck Wilson and Doug Haney; review documents; prepare for meeting 1 . 00 hrs Total fees for this matter $ 781 . 25 EXPENSES 04/30/98 Copy expense . 75 Total expenses for this matter $ .75 Linder Group, Inc . PAGE 2 Bill number 04001-00000-044 SJF BILLING SUMMARY STEVEN J. GLAZIER 6 . 25 hrs 125 /hr 781 . 25 TOTAL FEES 6 .25 hrs $ 781 . 25 TOTAL EXPENSES $ . 75 TOTAL CHARGES FOR THIS BILL $ 782 . 00 NET BALANCE FORWARD $ 4 , 753 . 25 TOTAL BALANCE NOW DUE $ 5, 535 . 25 NOTE: Please enclose the remittance copy with your payment . r w' C" -rif $ Z81 . 25 62.. So MANTEL,COHEN L'^d , G"-r ' REISWERG & F SUITECO. KEYSTONE L PAID CK: 9C 6853 KEYSTONE CRUSH CZ ,?7-1 LG INDIANAPOLIS. INDIA: SC: _ �L n (317) 573.81 . June 3 , LO: •l,ZSc-lc.ac,.,l 67 .53 • Billed through V"U`'�' Bill number 040 CA:.': 1Z(o ale_-r,q Linder Group, Inc . ��1 -1/-.2-ICS/ 8555 North River Road Ar-r,_ Suite 375 Indianapolis , IN 46240-4305 The Linder many has all the rght angles '■ 9555 N.Ri'er Rd.•Suite 375 i Indicncoolis,IN 46240■317/S..4-5313 RE: Real Esate Matters 17--N, ^ ,� Our file number: 04001/0 (II) . _ ._=i Balance forward as of bill number 044 dated 05/05/98 5 , 535 . 25 Payments as of May 13 , 1998 ( 783 . 25) Balance Carried Forward $ 4, 752 . 00 FOR PROFESSIONAL SERVICES RENDERED 05/06/98 SJG Telephone conference with Wilson; telephone conference with Beth Young; call to Craig; call . 50 hrs to Hainy 05/12/98 SJG Telephone conference with Craig; telephone .25 hrs conference with Wilson; call to Doug Hainey 05/12/98 SJG Telephone conference with Hesse; call to Hainey; . 50 hrs call to Klayman; review documents 05/21/98 SJG Telephone conference with Wilson; call to Hessee; 50 hrs review documents 05/27/98 SJG Telephone conference with Wilson; call from . 50 hrs Carig; call to Craig; review documents 05/28/98 SJF Telephone conference from Jeff Hearn regarding . 25 hrs merger with J. L. Henry (no charge) 05/29/98 BHC Review Merger Agreement and corporate resolutions; outline comments, additional documents needed and tax consequences; left voice 50 hrs mail for J. Hearn Total fees for this matter $ 346 . 25 BILLING SUMMARY BRADLEY H. COHEN . 50 hrs 125 /hr 62 . 50 S . JAMES FISHMFN .25 hrs 0 /hr . 00 • STEVEN J. GLAZIER 2 .25 hrs 125 /hr 281 . 25 TOTAL FEES 3 . 00 hrs $ 343 . 75 t ' PAGE 2 Linder Group, Inc . Bill number 04001-00000-045 SJF TOTAL CHARGES FOR THIS BILL - $ 343 . 75 NET BALANCE FORWARD $ 4 , 752 . 00 TOTAL BALANCE NOW DUE $ 5 , 095 . 75 NOTE : Please enclose the remittance copy with your payment . r` LOCKE REYNOLDS BOYD & WEISELL Federal Identification No. 35-0841129 1000 Capital Center South 201 North Illinois Street Indianapolis, Indiana 46204-4210 (317) 237-3800 LaSalle National Bank March 25, 1998 c/o Mr. Michael E. Lewis Invoice No. 127926 One American Square COHEHR Suite 1600 Indianapolis, IN 46282 Our File No. : 06805-035125 Re: Een-•Mar, LLC - merchants Square 02/03/98 Phone conference with Ms . H. Cohen .30 55 .50 Ogawa, attorney for Gap/Old Navy. Review proposed changes to Old Navy SNDA. 02/04/93 Office conference re: status H. Cohen . 10 18 .50 report on leases. 02/04/98 Deliver documents to Shawn Firm Messenger .20 6 .00 Bullock. 02/04/98 Letter to Mr. Bullock re: A. Cosner .10 8 .00 Original mortgage and assignment of rents and leases . 02/10/98 Letter from Mr. Hearn and phone H. Cohen 1 . 80 333 . 00 conference with Mr. Lewis re: SNDA's. Phone conference with 146.50/each Mr. Hearn re: TIF closing issues. Discussions with Mr. Lewisre: SNDA' s and TIF issues. Review final changes and make recording references to Old Navy and Cost Plus SNDA's. Letter from Mr. Hearn re: TIF. 02/10/98 Notarize Subordination A. Cosner .50 40 .00 Agreements. Letter to Mr. Hearn. Letter to Mr. Lewis . 02/10/98 Deliver documents to Mike Lewis . Firm Messenger .10 3 . 00 02/11/98 Review TIF materials . Work on H. Cohen . 20 37 . 00 • SNDA checklist. t8,5o/ecch LOCKE REYNOLDS BOYD & WEISELL LaSalle National Bank March 25, 1998 Invoice No. 127926 Page 2 02/13/98 Create table re: Subordination A. Cosner . 80 64 . 00 Agreements. 02/16/98 Work on Subordination Agreement A. Cosner .20 16 . 00 table. FOR PROFESSIONAL SERVICES RENDERED: $581. 00 DISBURSEMENTS: Photocopies 3 .85 Telecopy 5.00 Long Distance 2 .11 Special Mailing/Postage 3 .00 TOTAL DISBURSEMENTS: $13 . 96 TOTAL CHARGES : $594 . 96 PAID CK: •••••••=1 lien flan SC: A/R , rt1=, Ctosin CosiS LANDLORD: 1210 - ` 10 I95.00 4°4.4 to - 5g4.4b AMOUNT: CAM: A3x,1' AFPni':,..-;L: /2 7 0167(4 Jeff - piec.se approve. Ts c\ I 1WEIHE ENGINEERS 2NC. 10505 N. College IndianapolisIN , 80 INVOICE 111 PH: (317) 846-6611 FAX: (317)843-0546 Invoice Number: 035731 Invoice Date: 04/08/98 Page: 1 The Linder Group Attn: Dick Proffitt 8555 River Rd. #375 Indianapolis, IN 46240-4305 Cust I D • Linder 96-0271 • Due Date. : 05/08/98 PMW Blockbuster CD' s $465 .00 NE Corner CD ' s $350 .00 TIF Exhibits & Descriptions (Roads) $1680 .00'7.5-1E ----- Dumpster Sketches $140 .00 T•lere-viAno,..,,-,..:‘ Reimburseables: Prints & Support $82 .50 Courier Service $95 . 50 ....-.,!-- - r-7-1(1-`.1-71-. ‘' ::. PAID CK: „ - SC: BAn Mar . , tato n35 ' W-;.- -'-c, . 7-, :- :-'1 ' LANDLORD: T1F - A/ti Bld. Lmrov. Other ___ -- AMCUNT: i,1,80 AO 1, 13 3.00 CAM: ______ — Total . . . : 2813 .00 AMr.-...' APP it... .,L..: - Ac.1.4) _____ . 1 1/2 interest per month on unpaid balance after 30 days. Jeffrey A. Hearn, Attorney-at-Law 8555 North River Road Suite 375 Indianapolis IN 46240 (317) 816-6644 Statement submitted to : PAID CK: Ben Mar, LLC Ben Mer 8555 North River Road SC: • Suite 375 IN 46240 IndianapolisLANDLORD: 000 - asp. :9 e► Fees a o�b .a5 AMOUNT: CAM: i,t c - A/R - TIF • March 1, 1998 AMOUN i 3 1sn .00 Invoice # 10133P, Ar;n� ,„L: Professional services Hours Amount 2/2/98 Work on Merchants Square matters, 2 . 20 264 . 00 rip including telephone conferences with L. Emison and P. Warrenburg, conferences with C. Hessee and review Offering Memorandum TSF lac i 2/3/98 Work on Merchants Square matters, 1 . 50 180 . 00►t3�� bo. including work on TIF and telephone conferences with A. Ogawa, G. Cohen and C. Hessee 2/4/98 Work on Merchants Square matters, 0 . 60 72 . 001 's1 including telephone conference with B. Pylitt, work on Cost Plus and Finish Line leases and conference with G. Linder r!F 336 2/5/98 Work on Merchants Square matters, 3 . 80 456 . 00 �Rsi c including work on leases, telephone 0 conference with J. Schwarz, review Offering Memorandum and work on TIF Ben Mar, LLC Page 2 Hours Amount TIF a40.Oc 2/6/98 Work on TIF issues, including 4 . 70 564 .00 preparation of sections of the ,te50.1 Offering Memorandum, telephone conference with J. Schwarz and conferences with C. Hessee and B . Hennessey; and work on Finish Line lease 2/7/98 Review lease comments to Cookie 1 . 20 144 . 00 te301 Cutters lease and revise lease 2/9/98 Work on Merchants Square matters, 4 . 50 54.0 . 00 including work on Finish Line, Cost ie3a1 u> Plus and Cookie Cutters leases, prepare letters to C. Cohen and H. Cohen, and work on TIF matters 2/10/98 Work on TIF matters, including revise 4 . 20 504 . 00-'7IF 4>e. Offering Memorandum, telephone `itsai s4.c conferences with J. Schwarz and H. Cohen and conferences with C. Hessee; work on Cookie Cutters lease, including telephone conferences with R. Zickler and conference re: Old Navy lease and sign approval 2/11/98 Work on TIF matters, including 7 . 20 864 . 00 TIF conference with L. Emison, L. Rooney, J. Kirkwood, J. Schwarz and C. Hessee, review Offering Memorandum and Taxpayer Agreement, and telephone conferences with J. Schwarz 2/12/98 Telephone conference with G. Cohen 0 . 50 60 . 00 testi re: Finish Line lease, revise Finish Line lease and prepare letter to C. Cohen 2/13/98 Telephone conference with R. Zickler 0 . 90 108 . 00 ie,511 re: Cookie Cutters lease and revise Cookie Cutters lease Ben Mar, LLC Page 3 Hours Amount 2/15/98 Work on Post Office land exchange and 0 . 90 108 . 00 1e3A Gingham Dog lease TIF 251.0 2/16/98 Work on Merchants Square matters, 3 . 30 396 . 00' including conferences re : Bath and `I`i'' 144.0 Body and Finish Line leases; work on TIF issues and prepare resolutions for Ben Mar, LLC ,TIF 'JO .0 2/17/98 Work on Merchants Square matters, 2 . 80 336 . 00 including conferences with C. Hessee, zto.c work on TIF, work on Cookie Cutters and Gingham Dog leases and telephone conference with G. Linder ,TtF 2/18/98 Work on TIF; telephone conference 4 . 50 540 . 00 with J. Schwarz; work on Cookie te9Gi 300 Cutters lease; and review Radio Shack lease TIE bo.oc 2/19/98 Telephone conferences with G. Linder, 2 . 00 240 . 00- G. Cohen and M. Lewis; work on TIF `tegot iso .c and Cookie Cutters lease 2/20/98 Conference with G. Linder re: Radio 0 . 30 36 . 00 test Shack lease 2/23/98 Work on Merchants Square matters, 5 . 80 696 . 00'1t� soe.c including work on TIF, telephone 90 3g6.oc conferences with G. Cohen and B. Hennessey, conferences with G. Linder and C. Hessee, conference re: status, prepare correspondence to Radio Shack and work on Cookie Cutters lease 2/24/98 Work on Merchants Square matters, 5 . 60 672 . 00-TtF 311.' including work on TIF. conferences ‘tc90.1 aoo.cc with C. HeSsee, telephone conferences with W. Nichols and A. Ogawa and work on Cookie Cutters and Radio Shack leases Ben Mar, LLC Page 4 Hours Amount 2/25/98 Telephone conferences with G. Cohen 0 . 40 48 . 00 T'F and B . Hennessey For professional services rendered 56 . 90 $6, 828 . 00 Total costs $4 . 25 te3a1 Total amount of this bill $6, 832 . 25 Previous balance $48 , 433 . 90 Balance due $55, 266 . 15 Current 30 Days 60 Days 90 Days 120 Days 13, 126 . 41 7 , 403 . 00 0 . 00 13, 151 . 50 21, 585 . 24 t Jeffrey A. Hearn, Attorney-at-Law 8555 North River Rcad Suie 375 Indianapolis I': 4E24: 3 1 / ) 816-6E44 PAID CK: Statement submitted to : Ben Mar, LLC SC: Ben Mer 8555 North River Road 1210- woo Suite 375 LANDLORD: AIR . TIF C&p t&l. le-n1 fees Indianapolis IN 46240 4a8.o� AMOUNT: 4,41b .50 _> CAM: March 29, 1998 AMOUNT: 0 APPRO AL: .. . Invoice u# 1 10_51 Professional seryices Hours Amount 3/1/98 Work on TIF matters, including 1 . 50 180 .00 conferences with C . Hessee and J. Schwarz and review documents; and TSF 120. 00 review Finish Line lease 3/2/98 Work on Merchants Square matters, 5 . 40 648 . 00 including telephone conferences with J. Russell, B. Pylitt, R. Zickler, C. Franzmann, B. Hennessey and M. "fir °° Zepponi, work on Cookie Cutters and Radio Shack leases, prepare subordination agreement for Finish Line and correspondence to C. Cohen, work on issue re: construction contracts and work on TIF 3/3/98 Work on Merchants Square matters, 7 . 50 900 . 00 including work on Cookie Cutters and Radio Shack leases, work on TIF, prepare letters to L. Rooney, P . Elkin and J. Schwarz, prepare resolutions, review Certificates of Ben Mar, LLC Pace 2 Hours Amount Taxoayers, telephone conferences with P. Elkin, J. Schwarz and L. Emison, review legal descriptions and survey • and conference with C. Hessee 3/4/98 Conference with G. Linder re : Radio 5 .00 600 . 00 Shack lease and work on Radio Shack lease; work on TIF; telephone 110 o, conferences with K. Kunz, S . Brandt, L. Rooney and Carmel ' s engineers; work on Gino Pizzi ' s lease; review indemnification agreement and prepare letter to H. Cohen 3/5/98 Wolk on TIF; telephone conferences 4 . 70 564 . 00 with L. Emison and K. Kunz; revie:, and revise certificates for TIF q60 0. closing; and work on Gino Pizzi ' s lease 3/6/98 Work on TIF closing; telephone 4 . 40 528 . 00 conferences with J. Schwarz, S . Brandt, P. Elkin, D. Haney, H. Cohen and P. Warrenburg; conference with C. Linder; work on Gino Pizzi ' s lease; and telephone conference with R. Zickler 3/9/98 Work on Merchants Square matters, 9 . 20 1, 104 . 00 including work on TIF, telephone conferences with K. Kunz and J. Schwarz, attend bond closing, Sy0 .00 conferences with C. Hessee, work on Gino Pizzi' s lease and Radio Shack lease, conference with C. Hessee, C. Linder and S. Delaney re: Gino' s lease and telephone conference with • J. Russell re: Radio Shack lease 3/10/98 Work on Merchants Square matters, 5 .80 696 . 00 with B . Bommer, H• Cohen -riG 2'-10.00 and K. Kunz, conferences with B . Ben Mar, LLC Pace 3 H: urs 21-o____ Wilfong and C. Hessee, review Bath and Body lease comments and prepare memorandum to G. Linder, and work or. MCL easement 3/11/98 Work on Merchants Scuare ma-ters, 4 . 80 576. 00 including revise lease form, research re: Bunch A Nuts litigation, review -11C survey, conferences with C. Hessee, telephone conferences with C. Champion, L. Shimer, P . Warrenburg and H. Cohen, work on Gino Pizzi ' s lease, conference with S . Delaney re: lease and work cn TI= closing 3/12/98 Work on Merchants Squar= matters, 3 . 40 408 . 00 including conference with G. Linder, work on Gino Pizzi ' s lease, work on TIF, conference with B . Bommer, work E on Radio Shack lease and telephone conference with J. Russell re: Radio Shack lease 3/13/98 Work on Merchants Square matters, 2 . 10 252 . 00 including conferences with G. Linder, telephone conference with J. Lowdermilk and work on Post Office parcel exchange, including prepare deed and letter to M. Larsen-Williams 3/16/98 Work on Merchants Square matters, 2 .70 324 . 00 including work on TIF issues, telephone conference with B. Pylitt TiF ISo. pc, re: Bunch A Nuts litigation, conferences with G. Linder and S . Delaney re : Gino Pizzi ' s lease and telephone conference re : Finish Line lease 3/17/98 Work on MCL easement agreements; 1 . 70 204 . 00 conference with C . Hessee; and conferences with G. Linder Ben Mar, LLC Pace 4 3/18/98 Work on Merchants Square matters, 0 .70 84 . 00 including conferences with C. Hessee, • telephone conference with G. Linder and prepare letter to M. Zeppcni 3/19/98 Work on Merchants Scua_e matters, 4 . 60 552 . 00 including preparation of easement agreements with MCL, conferences with C. Hessee, work on Bath & Body lease and prepare letter to M. Duprey - 3/20/98 Work on Merchants Square matters, 1 . 40 168 . 00 including conferences with C. Hessee and work on TI= issues TtF N75. 00 3/23/98 Work on Merchants Squar. ma - 2 . 80 336 . 00 including review of documents re : Hoosier Motor Club easement, review Finish Line SNDA, telephone conferences with P. Warrenburg and C. Hessee, work on Blockbuster ADLS issue, and work on MCL easement 3/24/98 Work on Merchants Square matters, 1 . 50 180 . 00 including conferences with C . Hessee, conference re: Cost Plus lease and work on Gino Pizzi' s lease 3/25/98 Work on Merchants Square matters, 2 . 40 288 . 00 including work on TIF, work on Gino Pizzi' s lease, conferences with G. TIF 180. 00 Linder and C. Hessee 3/26/98 Work on Merchants Square matters, 0 . 60 72 . 00 including telephone conferences with B. Pylitt, C. Hessee and T . Haney tF 3 . 00 3/27/98 Telephone conferences with C. Hessee; 1 . 40 168 .00 d-1• =r4 _ - _ - I� 168 . 00 Ben Mar, LLC Pace 5 3/28/98 Review Radio Shack leases 1 .00 120 . 00 For professional services rendered 74 . 60 $2, 952 . 00 Total costs S12 . 50 Total amount of this billj�� �y�� ,, --- $8, 964 . 50 Previous balance $55; 2666 . 15 Balance due S64, 730 . 63 Current 30 Days 60 Days 90 Days 120 Da_% 15, 796. 75 6, 294 . 16 7, 403 . 00 13, 131 . 50 21, 583 . 24 INVOICE - STATEMENT WILLIAM J.FEHRIBACH.P.E. A & F ENGINEERING CO., INC. 7QESi0ENT CONSULTING ENGINEERS TO: THE LINDER COMPANY INVOICE NO. 98031 8555 NORTH RIVER ROAD, SUITE 375 INDIANAPOLIS, IN 46240-3135 DATE MARCH 16, 1998 ATTN: CRAIG HESSEE P.O.NO. CONTRACT TERMS NET 30 DESCRIPTION AMOUNT ENGINEERING SERVICES RE: TRAFFIC SIGNAL DESIGN 116TH STREET & AAA DRIVE LUMP SUM $ 4,695.00 100% COMPLETE 1.00 4,695.00 LESS PREVIOUS INVOICES 4,695.00 NET DUE $ 0.00 PREPARATION OF BID DOCUMENTS LUMP SUM $ 700.00 100% COMPLETE 1.00 700.00 LESS PREVIOUS INVOICES 700.00 NET DUE $ 0.00 ATTEND BOARD OF WORKS & CARMEL COMMON COUNCIL LUMP SUM $ 1,250.00 100% COMPLETE 1.00 1,250.00 LESS PREVIOUS INVOICES 0.00 NET DUE $ 1,250.00 ADDITIONAL SERVICES - CONSTRUCTION INSPECTION PRINCIPAL 4 HOURS @ $125.00 $ 500. TRAFFIC ENGINEER 17 HOURS @ 95.00 $ 1,615. TOTAL DUE $ 3,365., .__i - ��' j J _• r i _ 1 �C ......._ - 1at C , •..`.NDLORD: 3 365 . 00 • CAM: . 12.10UNT: ;\ 5172 EAST 65TH STREET - INDIANAPOLIS, INDIANA 46220 - TELEPHONE (317) 842-0864 FAX (317) 849-6816