213007 09/25/2012 CITY OF CARMEL, INDIANA VENDOR: 365701 Page 1 of 1
` ONE CIVIC SQUARE FROST BROWN TODD CHECK AMOUNT: $42,522.24
CARMEL, INDIANA 46032 PO BOX 44961
INDIANAPOLIS IN 46244-0961 CHECK NUMBER: 213007
CHECK DATE: 9/25/2012
DEPARTMENT ACCOUNT PO NUMBER INVOICE NUMBER AMOUNT DESCRIPTION
1401 R4340000 27410 10768948 1, 360 . 00 LEGAL FEES
1401 R4340000 27410 1077461 2, 540 . 00 LEGAL FEES
1401 R4340000 27410 10775149 38, 622 . 24 LEGAL FEES
Fros'j-F 0
wn odd
LL(:
A T T 0 R N E Y S
P.O.Box 44961
Indianapolis,IN 46244-0961
(317)237-3800
Facsimile (317) 237-3900
www.frostbrowntodd.com
City of Carmel - City Council FED. ID4 61-0722001
Attn:President Eric Scidensticker August 10, 2012
Cannel City Hall Invoice 4 10768948
One Civic Square Account# 0123312.0590320
Carmel, IN 46032
REGARDING: City of Carmel Council - Ordinance Drafting and Review
For Professional Services Rendered Through July 31, 2012 $1,360.00
Other Charges Through July 31 , 2012 $0.00
TOTAL THIS INVOICE $1,360.00
THANK YOU
PAYMENT APPRECIATED WITHIN 30 DAYS
PLEASE INCLUDE YOUR INVOICE NUMBER ON CHECK
August 10,2012
City of Carmel Council-Ordinance Drafting and Review
Account#0 1233 12.0590320
Invoice# 10768948
ITEMIZED SERVICES
DATE TMKR HOURS AMOUNT
_....... ------ _
07/27/12 Review CRC lease ordinance and supporting documentation. TDP 1.70 340.00
07/29!12 Review prior debt ordinances. TDP 1.40 280.00
07/30/12 Review prior CRC debt resolutions. TDP 1.60 320.00
07/30/12 Continue reviewing prior debt ordinances. (No Charge) TDP 1.20 0.00
07/31/12 Legal research re: Ordinance on CRC debt. TDP 2.10 420.00
... . ._._. . .......... ......_ .__ ... —
8.00 $1,360.00
2
September 11,2012
City of Carmel Council -Ordinance Drafting and Review
Account#0 1233 12.0590320
Invoice# 10774461
RECAP OF OUTSTANDING INVOICES
Invoice Date Invoice Number Balance
08/10/12 10768948 1,360.00
TOTAL $1,360.00
2
r®S
B "-Fodd.
raw
A T T O R N I: Y S
P.O.Box 44961
Indianapolis,IN 46244-0961
(317)237-3800
Facsimile (317) 237-3900
www.frostbrowntodd.com
City of Carmel - City Council FED. ID#61-0722001
Attn:President Rick Sharp September 11, 2012
Carmel City Hall Invoice # 10774461
One Civic Square Account # 0123312.0590320
Carmel, IN 46032
REGARDING: City of Carmel Council - Ordinance Drafting and Review
For Professional Services Rendered Through August 31, 2012 $2,540.00
Other Charges Through August 31, 2012 $0.00
TOTAL THIS INVOICE $2,540.00
Outstanding Invoices (see page 2 for details- if already paid please disregard) 1,360.00
Total Amount Due(Includes Outstanding Invoices) $31900.00
THANK YOU
PAYMENT APPRECIATED WITHIN 30 DAYS
PLEASE INCLUDE YOUR INVOICE NUMBER ON CHECK
September 11, 2012
City of Carmel Council -Ordinance Drafting and Review
Account#0123312.0590320
Invoice# 10774461
ITEMIZED SERVICES
DATE TMKR HOURS AMOUNT
08/01/12 Additional legal research on Indiana lease-rental revenue bonds. TDP 1.60 320.00
08/02/12 Review paperless packet re: Refinancing ordinance. TDP 0.40 80.00
08/09/12 Telephone conference with E. Seidensticker re: Resolution on PUDs. TDP 0.20 40.00
08/09/12 Legal research on local procedures for PUDs, legislative moratoriums, and TDP 2.60 520.00
resolutions.
08/09/12 Draft and revise Resolution on moratorium for PUDs. TDP 2.10 420.00
08/09/12 Email correspondence with E. Seidensticker and R. Sharp re: Resolution for TDP 0.30 60.00
moratorium on PUDs. - --
08/10/12 Revise and send PUD moratorium resolution. TDP 0.40 80.00
08/10/12 Email correspondence with E. Seidensticker and R. Sharp re: PUD resolution. TDP 0.20 0.00
(No Charge)
08/13/12 Telephone conference with E. Seidensticker re: PUD resolution. (No Charge) TDP 0.20 0.00
08/13/12 Email correspondence with L. Fine re: PUD resolution. (No Charge) TDP 0.20 0.00
08/14/12 Additional legal research in preparation for meeting on PUD resolution. TDP 1.20 240.00
08/15/12 Email correspondence with C. Schleif re: Gramercy street ordinance. (No TDP 0.20 0.00
Charge)
08/20/12 Prepare for Council meeting re: PUD resolution. TDP 0.60 120.00
08/20/12 Travel to City Hall for Council meeting on PUD resolution. TDP 0.40 80.00
08/20/12 Council meeting on PUD resolution. TDP 2.10 420.00
08/21/12 Research on City Code and Zoning Ordinance re: regulation of city streets. TDP 0.80 160.00
08/21/12 Email correspondence with C. Schleif re: regulation of streets. (No Charge) TDP 0.20 0.00
13.70 52,540.00
B IL®
r® s ®
A T T 0 R N I? Y S ( ��
P.O. Box 44961
Indianapolis,IN 46244-0961
(317)237-3800
Facsimile (317) 237-3900
www.frostbrowntodd.com
City of Carmel - City Council FED. ID#61-0722001
Attn:President Rick Sharp September 13, 2012
Carmel City Hall Invoice # 10775149
One Civic Square Account # 0123312.0598182
Carmel, IN 46032
REGARDING: Consulting on Debt Restructuring for Carmel Redevelopment
Commission (Carmel City Council)
For Professional Services Rendered Through August 31, 2012 $38,478.50
Other Charges Through August 31, 2012 $143.74
TOTAL THIS INVOICE $38,622.24
el
THANK YOU
PAYMENT APPRECIATED WITHIN 30 DAYS
PLEASE INCLUDE YOUR INVOICE NUMBER ON CHECK
September 13,2012
Consulting on Debt Restructuring for Carmel Redevelopment
Commission(Carmel City Council)
Account#0123312.0598182
Invoice# 10775149
ITEMIZED SERVICES
DATE TMKR HOURS AMOUNT
08/07/12 Review video of 8/6 Council meeting. TDP 0.60 150.00
08/07/12 Telephone conference with R. Sharp. TDP 0.30 75.00
08/08/12 Review articles and ordinances. DAR 1.00 435.00
08/09/12 Additional legal research on redevelopment commission access to short term TDP 1.20 300.00
debt instruments.
08/09/12 Telephone conference with R. Sharp re: Meeting on pending issues. TDP 0.20 50.00
08/10/12 Telephone conference with L. Snyder.re: Refinancing ordinance. TDP 0.20 50.00
08/10/12 Review prior CRC-related bond issues. TDP 1.60 400.00
08/13/12 Review background. DAR 0.50 217.50
08/13/12 Prepare materials for meeting. (No Charge) TDP 1.20 0.00
08/14/12 Prepare background material. TDP 1.80 450.00
08/15/12 Review draft lease/refinance legislation; prepare for and attend video DAR 3.00 1,305.00
conference re CRC projects.
08/15/12 Prepare for meeting with City representatives; meet with City officials re EMK 2.00 0.00
financing structure; review issues. (No Charge)
08/15/12 Prepare for video conference meeting with R. Sharp and L. Snyder. (No TDP 0.40 0.00
Charge)
08/15/12 Video conference meeting with R. Sharp, L. Snyder, D. Rogers, E. Kelly and TDP 1.40 0.00
T. Long. (No Charge)
08/15/12 Research on corporate documentation. TDP 1.20 300.00
08/15/12 Research on state filings for CRC/CRA. TDP 1.30 325.00
08/16/12 Further review of underlying materials. DAR 2.00 870.00
08/16/12 Reply to T. Perkins queries concerning community development corporation DDT 0.50 177.50
and telephone conference with T Perkins re same.
08/16/12 Continued review of financing structure and issues. EMK 0.50 190.00
08/16/12 Per T. Perkins, search S.O.S. records, search news. KRC 0.70 52.50
08/16/12 Travel to Finance Committee meeting. TDP 0.40 100.00
08/16/12 Meet with R. Sharp, L. Snyder, and D. Bowers prior to Finance Committee TDP 0.30 75.00
Meeting.
08/16/12 Attend Finance Committee Meeting. TDP 2.40 600.00
08/16/12 Review materials from CRC, legal research, and consult with subject matter TDP 6.80 1,700.00
expert.
2
September 13, 2012
Consulting on Debt Restructuring for Carmel Redevelopment
Commission(Carmel City Council)
Account 9 0123312.0598182
Invoice# 10775149
DATE TMKR HOURS AMOUNT
08/17/12 Email correspondence with L. Snyder, R. Sharp and E. Seidensticker re: TDP 0.20 0.00
Responses to questions from Finance Committee meeting. (No Charge)
08/17/12 Email correspondence and phone conversations with B. Roeger re: 4CDC. TDP 0.30 75.00
08/17/12 Email correspondence with B. Donaldson re: Finance Committee meeting and TDP 0.20 0.00
potential for videoconference. (No Charge)
08/17/12 Email correspondence with H. Amspaugh, with Umbaugh, re: Finance TDP 0.20 0.00
Committee meeting and obtaining electronic versions of the presentations. (No
Charge)
08/17/12 Legal research on Access to Public Records and State Board of Accounts. TDP 2.10 525.00
08/17/12 Review materials from CRC and the Finance Committee presentations. TDP 3.20 800.00
08/17/12 Review materials from B. Donaldson,transactions 1 and 2. TDP 2.40 600.00
08/18/12 Telephone conference with L. Snyder re: Aspects of transaction. (No Charge) TDP 0.40 0.00
08/18/12 Review documents from B. Donaldson re: 4CDC. TDP 1.80 450.00
08/19/12 Continue review of B. Donaldson documents re: Junior obligations, coverage TDP 4.60 1,150.00
ratios, and other indebtedness of transactions 1, 2, 3,4 and 5.
08/20/12 Review Council presentation for inconsistencies and clarity. DAR 1.30 565.50
08/20/12 REview of background materials regarding the currently outstanding PM W 1.60 440.00
obligations to be refunded by the city of Carmel. Talk with D Rogers
concerning the matter.
08/20/12 Telephone conference with L. Snyder re: Refinance issues. (No Charge) TDP 0.20 0.00
08/20/12 Review documents from B. Donaldson re: Transactions 14, 15 and 16. TDP 5.40 1,350.00
08/20/12 Prepare materials for Council. TDP 1.70 425.00
08/21/12 Review Council and CRC financial packets. DAR 1.50 652.50
08/21/12 Review and analyze TIF financing and refunding issues for the City of EMK 0.50 190.00
Carmel.
08/21/12 Legal research on redevelopment commissions, including AG opinions. TDP 1.30 325.00
08/21/12 Review documents from B. Donaldson re: CRC authorizations. TDP 3.40 850.00
08/21/12 Prepare executive summary, all transactions. TDP 4.70 1,175.00
08/22/12 Review data room and prior bond/contract materials;prepare for and attend DAR 4.50 1,957.50
video conference with client; review documents and TIF data.
08/22/12 Participate in working group conference call with attorneys from bond counsel EMK 1.50 0.00
and from commission counsel re financing issues. (No Charge)
08/22/12 Attention to review of bond issues. KJH 1.50 525.00
08/22/12 Attendance at meeting with Mr.Perkins, and meeting with bond counsel et al. MVB 1.10 0.00
(No Charge)
08/22/12 Reading background materials and video conference with client and other FTB PMW 1.20 330.00
attorneys working on the matter.
3
ji
September 13,2012
Consulting on Debt Restructuring for Carmel Redevelopment
Commission(Carmel City Council)
Account#0123312.0598182
Invoice# 10775149
DATE TMKR HOURS AMOUNT
08/22/12 Review documents re: structure of transactions. TDP 1.70 425.00
08/22/12 Telephone conference with L. Snyder re: Document review. (No Charge) TDP 0.30 0.00
08/22/12 Telephone conference with R. Sharp re: Document review. (No Charge) TDP 0.20 0.00
08/22/12 Prepare for attorney conference. TDP 1.20 300.00
08/22/12 Attorney conference. TDP 0.90 225.00
08/23/12 Review of additional documents sent on 8/23/2012 in preparation for PMW 0.50 137.50
conference call on morning of 8/24.
08/23/12 Prepare work plan. (No Charge) TDP 0.60 0.00
08/23/12 Review additional materials provided by Umbaugh. TDP 1.20 300.00
08/23/12 Telephone conference with L. Snyder re: Document collection efforts. (No TDP 0.20 0.00
Charge)
08/23/12 Email correspondence with D. Bowers re: Document collection. (No Charge) TDP 0.20 0.00
08/24/12 Review and analyze financing issues concerning the TIF and special benefits EMK 1.90 722.00
tax.
08/24/12 Call re review of bond issues. KJH 1.30 455.00
08/24/12 Attendance at internal conference reviewing the status of this matter and MVB 1.00 0.00
strategy for going forward. (No Charge)
08/24/12 Conference Call with team members. (No Charge) PMW 1.00 0.00
08/24/12 Conference call with FBT team. (No Charge) TDP 1.00 0.00
08/24/12 Telephone conference with L. Snyder re: Documents that remain unavailable. TDP 0.20 0.00
(No Charge)
08/24/12 Review materials related to transaction 20 re: Additional CRC actions to sell TDP 0.70 175.00
the property.
08/24/12 Legal research on Council's authority. TDP 1.40 350.00
08/25/12 Review Umbaugh report and ancillary materials. DAR 4.50 1,957.50
08/26/12 Review additional materials related to CRC Certificates of Participation. TDP 2.70 675.00
08/27/12 Review prior debt documents and Umbaugh report. DAR 1.50 652.50
08/27/12 Review and analyze TIF financing issues. EMK 0.50 190.00
08/27/12 Research into what consitutes a "bond" under Indiana law in order to PMW 1.30 357.50
determine whether a redevelopment commission need approval from a
municipality in order to enter into an installment purchase contract.
08/27/12 Telephone conference with R. Sharp re: Document requests. TDP 0.30 75.00
08,127/12 Review 4CDC documents and compare to CRC documents. TDP 3.60 900.00
08/28/12 Review prior documents; research on OAG opinion. DAR 1.00 435.00
08/28/12 Research -background materials and authority for"evidences of PMW 1.10 302.50
indebtedness." Conference call 11:00 - 1 1:15.
4
September 13,2012
Consulting on Debt Restructuring for Carmel Redevelopment
Commission (Carmel City Council)
Account#0 1233 12.0598 182
Invoice# 10775149
DATE TMKR HOURS AMOUNT
08/28/12 Multiple email correspondence with R. Sharp and L. Snyder re: Available TDP 0.30 75.00
documents.
08/28/12 Legal research on bond definitions and other financial instruments, and State TDP 2.70 675.00
Board of Accounts.
08/28/12 FBI'conference call. (No Charge) TDP 0.50 0.00
08/28/12 Review additional Umbaugh and 4CDC documents. TDP 1.20 300.00
08/28/12 Telephone conference with R. Sharp re: document requests. TDP 0.30 75.00
08/28/12 Review of land sale contracts for L. Snyder. TDP 0.40 100.00
08/29/12 Review Luci Snyder questions; review T. Long responses and discuss same. DAR 1.30 565.50
08/29/12 Telephone conference with L. Snyder re: Updates. TDP 0.30 75.00
08/29/12 Telephone conference with E. Seidensticker re: Updates. TDP 0.30 75.00
08/29/12 Review additional documents from Umbaugh and review documents TDP 1.40 350.00
requested/received.
08/29/12 Review additional documents from R. Wilmering and related documents. TDP 1.60 400.00
08/30/12 Review due diligence; review legal memorandum; discuss same with counsel. DAR 2.30 1,000.50
08/30/12 Review and analyze TIF financing and special benefit tax backed financing EMK 1.50 570.00
issues; confer with B. Donaldson and B. Bingham re financing issues and
history.
08/30/12 Reviewing installment purchase contract memo from IN bond counsels to the PMW 0.80 220.00
Carmel redevelopment commission. Various emails.
08/30/12 Telephone conference with E. Seidensticker re: Overview of transactions. TDP 0.60 150.00
08/30/12 Email correspondence with E. Seidensticker, R. Sharp, and L. Snyder re: TDP 0.30 75.00
Document update.
08/30/12 Multiple email correpsondence with R. Wilmering, et at., re: Public access to TDP 0.30 75.00
CRC transaction documents.
08/30/12 Review additional documents and specific transactions. TDP 4.60 1,150.00
08/30/12 Telephone conference with R. Sharp re: Updates. TDP 0.40 100.00
08/31/12 Prepare for and attend Carmel Redevelopment Commission borrowings; DAR 2.50 1,087.50
review first documents with lawyers only; review TIF reports prepared by
Umbaugh.
08/31/12 Two conference calls. Review emailed materials. Research for questions from PMW 2.70 742.50
D Rogers and T Perkins regarding validity of outstanding debt instruments.
08/31/12 Review emails from K. Haas and L. Matthes re: Documents requested and TDP 0.40 100.00
rating agencies.
08/31/12 FBT conference call re: Document review. (No Charge) TDP 1.20 0.00
08/31/12 Review transaction 17 and prior document requests. TDP 2.30 575.00
08/31/12 Conference call with FBT team and R. Sharp and E. Seidensticker. TDP 1.30 325.00
5
• September 13, 2012
Consulting on Debt Restructuring for Carmel Redevelopment
Commission(Carmel City Council)
Account 4 0123312.0598182
Invoice# 10775149
DATE TMKR HOURS AMOUNT
08/31/12 Email correspondence with K. Haas re: Document requests. TDP 0.30 75.00
08/31/12 Begin reviewing transactions for TIF backing. TDP 2.10 525.00
08/31/12 Multiple email correspondence with R. Wilmering re:Notices of default. TDP 0.40 100.00
08/31/12 Review materials related to S&P rating. TDP 0.30 75.00
144.90 $38,478.50
ITEMIZED COSTS
DATE DESCRIPTION AMOUNT
08/15/12 Long distance phone Conference Call -Number of Particpants 2 15.48
08/22/12 Long distance phone Conference Call-Number of Particpants 3 12.51
08/24/12 United Parcel Service United Parcel Service--Next Day Air to TIM LONG 44.67
08/24/12 United Parcel Service United Parcel Service--Next Day Air for additional charges incurred 4.68
on package shipped to TIM LONG on 8/24/2012
TOTAL $77.34
SUMMARIZED COSTS
DESCRIPTION QTY PER UNIT TOTAL
Reproductions 2.00 0.15 0.30
Reproductions 661.00 0.10 66.10
TOTAL $66.40
TOTAL. COSTS 5143.74
6
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))
AIM Ab) ( V 4-4
a
Ce F _S
Ld6q a,0/y, If L k4 r)LQ 1,-�L LEY
Total i
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 $
ON ACCOUNT OF APPROPRIATION FOR
Board Members
Po#or INVOICE NO. ACCT#/TITLE AMOUNT
DEPT.# 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
6 ` 1022140 40D S ,a which charge is made were ordered and
received except
D
20
Signature
Title
Cost distribution ledger classification if
claim paid motor vehicle highway fund