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HomeMy WebLinkAboutCC-07-16-01-01 Hazel Dell PaymtSponsored by: Kevin Kirby Resolution No. CC-07-16-01-01 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA APPROVING PAYMENT OF CONSTRUCTION COSTS FOR HAZEL DELL & PENNSYLVANIA BOND PROJECT WHEREAS, pursuant to Article III, Section 3.01 (b) of the Trust Indenture by and among the City of Carmel Redevelopment Authority and Fifth Third Bank of Central Indiana, dated as of August 1, 1997, approval by the Common Council is required prior to payments from the Construction Fund therein described upon presentation of architect's or engineer's certificates of work completed and materials furnished; WHEREAS, American Consulting Engineers, Inc., has presented such certificates regarding the Consauction Project Invoices attached hereto as Exhibit A. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Cannel, Indiana, that the Consauction Project Invoices attached hereto as Exhibit A are hereby approved for payment from the Consauction Fund described in the above- referenced Trust Indenture. nays. COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA PCobert Battreall Ronald E. C er John R. Koven ATTEST: Diana L. Cordray, IAM~C,~reasurer Pre~e by me to ?;00MF. yor of the City of Carmel, Indiana the/r~ day of Diana L. Cordray, IAMC, Clerk-'~urer A ve by me, Mayor ofthe City ofCarmel, Indiana, this/~ day of .~2001. ATT . T: ~ . , Diana L. CordTa~,f'x''' d reasurer CITY OF CARMEL REDEVELOPMENT AUTHORITY CONSTRUCTION FUND PAYMENT REQUISITION TO: Fifth Third Bank of Central Indiana, as Trustee 251 North Illinois Street Suite 1000 Indianapolis, Indiana 46204 Attn: Corporate Trust Department Date: June 18, 2001 Trust Indenture between City of Carmel Redevelopment Authority and Fifth Third Bank of Central Indiana, as Trustee, dated as of August 1, 1997 (the "Trust Indenture") AFFIDAVIT STATE OF INDIANA ) ) COUNTY OF HAMILTON ) SS: The undersigned, having been duly sworn upon her oath, certifies that: She has been designated by the Carmel Redevelopmere Authority as an individual authorized to execute and present affidavits on the Authority's behalf relating to payments from the Construction Fund for items that are not subject to certification by the architect or engineer, in accordance with Article IV, Section 3.01 (b) of said Trust Indenture. The amounts set forth in Exhibit A hereto are requested to be paid to the respective Payees identified therein for the services or assets described, from the Construction Account of the Construction Fund created by Section 3.01 of the Trust Indenture. Copies of the statements of the respective Payees or other supporting documentation are also attached hereto. The obligations set forth in Exhibit A have been properly incurred, are proper charges against the Construction Account, and have not been the basis of any previous withdrawals from the Construction Account. CITY OF CARMEL REDEVELOPMENT AUTHORITY Kate~ee/~, P.E. City Engineer, City of Carmel, Indiana STATE OF INDIANA COUNTY OF HAMILTON ) ) ) SS: Before me, the undersigned, a Notary Public in and for said County and State, personally appeared Kate Weese , City Engineer for the City of Carmel, Indiana, who having been duly swom upon her oath acknowledged the execution of the foregoing Affidavit for and on behalf o f said Authority. Wimess my hand and Notarial Seal this/ff day of June, 2000 My Commission Expires: residingin {-4a,,,. t 4ar~ Indiana , Notary Public County, PAYEE EXHIBIT A PAYMENT REQUISITION NO. 154 AMOUNT CHARACTER OF EXPENDITURE DUE Milestone Contractors P.O. Box 66008 Indianapolis, 1N 46266-6008 $72,568.37 Construction Services in connection with Hazel Dell Parkway. 06/18/01 CONSTRUCTION PROJECT INVOICE Date.' 6/11/01 Name of Company: Milestone Contractors, LP Address & Zip: Milestone Contractors, LP P.O. Box 66008 5950 S. Belmont Ave. Indianapolis, IN 46266-6008 Telephone No..' (317)-788-1040 Project Name: Invoice No.: ~ i ~.x~_ \'~ ~ \\ Hazel Dell Parkway 040 Construction pay items as per PROGRESS ESTIMATE #040 as shown on the attached invoice dated 6/11/01. Submitted by American Consulting, Inc. Resident Proje~5t~epresent~ Print Name Date: 6/11/01 Project Name: HAZEL DELL PARKWAY Project No.: 97-08 Invoice No.: 040 Period: RETAINAGE RELEASE -- *** Construction on the Hazel Dell Parkway project has been completed and the remaining retainage is to be released to Milestone Contractors, LP. The amount of retainage to be released is indicated below. Total Retainage withheld to date ................................... $100,000.00 Retainage withheld .............................................. - 0.00 TOTAL AMOUNT OF RELEASE OF RETAINAGE .................. $ 100,000.00 ESTIMATE #40 ............................................... $ -27,431.63 *** TOTAL AMOUNT OF RETAINAGE RELEASED TOTAL AMOUNT OF ESTIMATE #40 $ 100,000.00 27,431.63 · T ~NT CONTRACTOR OF INVOICE #40 $ 72,568.37 DATE CITY OF CARMEL ENGINEER DATE