185184 05/11/2010 CITY OF CARMEL, INDIANA VENDOR: 357616 Page 1 of 1
ONE CIVIC SQUARE CARMEL PERFORMING ARTS FOUNDAT�&K AMOUNT: $1,635,904.00
CARMEL, INDIANA 46032 30 W MAIN STREET
CARMEL IN 46032 CHECK NUMBER: 185184
CHECK DATE: 5/11/2010
DEPARTMENT ACCOUNT PO NUMBER INVOICE NUMBER AMOUNT DESCRIPTION
912 5023990 1,635,904.00 OPERATING COSTS
SPONSORS: Councilors Sharp, Snyder, Rider,
Griffiths, and Carter
ORDINANCE D- 1987 -10
AS AMENDED
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA,
AUTHORIZING AND PROVIDING FOR THE APPROPRIATION OF FUNDS
FROM THE RAINY DAY FUND
WHEREAS, the City of Carmel, Indiana (hereinafter "City has established a Rainy Day Fund
(hereinafter "Fund and
WHEREAS, the Fund currently has a balance of approximately Seven Million Two Hundred
Seventy -Eight Thousand Seventy -Two Dollars and Twenty -Eight Cents ($7,278,472.28); and
WHEREAS, the Mayor and the Carmel Common Council (the "Council hereby pledge to
replenish the Fund, in the Fourth Quarter 2010, in the amount of eight hundred and twenty five thousand
dollars ($825,000) from monies available in the budget at that time; and
WHEREAS, The Carmel Performing Arts Foundation, Inc. (also known as "The Center for the
Performing Arts, Inc. is an Indiana not for profit foundation (hereinafter "Foundation formed to
operate the concert hall and theaters being built by the Carmel Redevelopment Commission in the Carmel
City Center; and
WHEREAS, it is the long range goal of the City and the Foundation for the Foundation to raise
funds to relieve the City of the entire burden of funding operations of the concert hall and theaters; and
WHEREAS, it is the goal of the City and Foundation to increase economic activity and continue
to build Carmel as a more desirable city in which to live by providing world class performances and
facilities; and
WHEREAS, the various arts venues to be operated by the Foundation are in the start-up phase
prior to the receipt of revenue from ticket sales, program sales, etc.; and
WHEREAS, it is necessary for the Foundation to hire staff and prepare for the inaugural season
of performances; and
WHEREAS, the start-up costs of venues of this quality are substantial; and
WHEREAS, the Executive Director of the Foundation will brief the Council on the Foundation's
budget, to include sources of funds to date, except to the extent that such sources of funds have required
anonymity and /or confidentiality in writing or where such disclosure is otherwise prohibited by law, and
proposed uses of City funding, prior to the consideration by the Council of this Ordinance; and
Page One of Three Pages
Version A, April 27, 2010
This Ordinance was prepared by Thomas D. Perkins, Carmel Assistant City Attorney.
(Z IANAE BassUy DocumentslORDINANCES1Addi onal Appropdations120101RAINY DAY Funds CPAC Appr ORD D- 1981- 10_2.doc:4Q&201010:13 AMA
SPONSORS: Councilors Sharp, Snyder, Rider,
Griffiths, and Carter
WHEREAS, The Executive Director of the Foundation, or his designee, shall provide to the
Council:
A copy of the written, monthly financial report submitted to the Foundation Board;
A yearly, professionally- audited financial statement, not later than the end of the second
month of the Foundation's fiscal year;
A copy of the Foundation's IRS Form 990 within thirty (30) days of filing;
A quarterly report, at a regular Council meeting, within 30 days after the close of the
quarter;
Said reports shall include sources of income, except to the extent that such sources of
income have required anonymity and /or confidentiality in writing or where such disclosure
is otherwise prohibited by law.
NOW, 'THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel,
Indiana, that the following sum of money is hereby appropriated out of the Rainy Day Fund Operating
Balance for the purposes specified, subject to applicable laws, as follows:
Section 1 The foregoing Recitals are incorporated herein by this reference.
Section 2 The following sum of money is hereby appropriated out of the Rainy Day Fund
Operating Balance for the purposes specified, subject to applicable laws, as follows: T
I
$1 from the
RAINY DAY FUND OPERATING BALANCE
To
The Carmel Performing Arts Foundation, Inc., to defray the initial costs of operation,
In the amount of $1,635,904.00.
J
PASSED by the Common Council of the City of Carmel, Indiana, this day of
2010, by a vote of ayes and nays.
Ordinance D- 1987 -10
Page Two of Three Pages
Version A, April 27, 2010
'.I ti :D d L- AVH 0101
This Ordinance was prepared by Thomas D. Perkins, Carmel Assistant City Attorney.
(Z:IE BasslMy DocumentslORDINANCESAdd&onal Appropriationsl20101RAINY DAY Funds CPAC Appr ORD D-1 987-102.0c:55010 8:55 AMj
SPONSORS: Councilors Sharp, Snyder, Rider,
Griffiths, and Carter
COMMON COUNCIL FOR THE CITY OF CARMEL
1
Presidin fer os h riffiths
Richard L. Sharp, Pre dent Pro Tempore Kevin Rider
OPPOSE I Z
J hn V cetturo W. En' eid sticker
Ronald E. Carter uci nyder
ATTEST: 4
Diana L. Cordray, IAMC, Clerk Tr Sur
Presented by me to the Mayor of the City of Carmel, Indiana, this day of
2010, at T. 59 O'clock, 4. M.
Diana L. Cordray, IAMC, Clerk asurer
Approve j by me, the Mayor of the City of Carmel, Indiana, this eday of Ma,,�A
2010, at 3 Lj O'clock, A M.
c
r.
2/-Wl 1
�Mes Brainard, Mayor
ATTE
Diana L. Cordray, IXNk, Clerk Tre frer
Ordinance D- 1987 -10
Page Three of Three Pages
This Ordinance was prepared by Thomas D. Perkins, Carmel Assistant City Attorney.
[7 :"WIE BassWy DDcumentsIORDINANCESVAddltional Appmpria1Jons120101RAINY DAY Funds CPAC Appr ORD D- 1987- 10_2.docA/2 91201 0 10 :13 AMA
Prescribed by State Board of Accounts City Form No. 201 (Rev. 1995)
ACCOUNTS PAYABLE VOUCHER
CITY OF CARMEL
An invoice or bill to be properly itemized must show: kind of service, where performed, dates service rendered, by
whom, rates per day, number of hours, rate per hour, number of units, price per unit, etc.
Payee
Purchase Order No.
Terms
Date Due
Invoice Invoice Description Amount
Date Number (or note attached invoice(s) or bill(s))
Total
I hereby certify that the attached invoice(s), or bill(s), is (are) true and correct and I have audited same in accordance
with IC 5- 11- 10 -1.6.
20
Clerk- Treasurer
VOUCHER NO. WARRANT NO.
ALLOWED 20
IN SUM OF
C w
ON ACCOUNT OF APPROPRIATION FOR
Board Members
P09 or
DEPT. INVOICE NO. ACCT #/TITLE AMOUNT I hereby certify that the attached invoice(s), or
bill(s) is (are) true and correct and that the
materials or services itemized thereon for
which charge is made were ordered and
received except
20
i atur A 16Z
Title
Cost distribution ledger classification if
claim paid motor vehicle highway fund