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HomeMy WebLinkAboutLeach & Russell - $12,600Disbursement Instructions Regions Bank hereby is instructed to make a disbursement of Loan Proceeds from the Borrower Loan Account to (or for the account of) Borrower in: (a) the amount of the "Total Due" line in the "Amount of Current Authorized Disbursement" column below; and (b) accordance with the terms and conditions of the Agreement, the other Loan Documents, and the Disbursement Instructions. Description of Work Scheduled Value or Contract Amount Percent Complete or Contract Amount Owed Amount of Prior Authorized Disbursement Amount of Current Authorized Disbursement Amount to be paid by Cannel Theater Development Company, LLC,per Interior Omamental installment Purchase Contract: Energy Center February work (Leach and Russell) 512,600.00 Grand Total TotailDue ._' r - --1 4 6501.1) - U CRC has inspected the portions of the PAC Equipment completed by Borrower to confirm the Percent Complete in the applicable column above. ❑ CRC either has received or waived receipt of conditional lien waivers and other submittals required.to be made by Borrower in connection with a disbursement of Loan Proceeds from the Borrower Loan Account to (or for the account of) Borrower. All terms used in these Disbursement Instructions without definition shall have the meanings ascribed thereto in that certain Loan Agreement (Theater Building Base Structure), dated as of June 30, 2009, by and between Lender and Carmel Theater Development Company, LLC., as amended by that certain Amendment to Loa r Agreement, dated January 28, 2010, by and between the same parties. Dated: S 3 0 CITY OF CARMEL REDEVELOPMENT COMMISSION Les S. Olds Printed Executive Director Title Draft Energy Center (Leach and Russell) February 2010 Total Contract Amount for application 1 Completed and Stored to date $ 14,000.00 Retention held $ 1,400.00 Amount to be paid by Carmel Theater Development Company $ 12,600.00 APPUIICATlON AN. CERT9FDCATE FOR PAYMENT CONSTRUCTION MANAGER- ADVISER EDITION Al 1 DOCUMENT G702 /CMa (Instructions on reverse side) PAGE ()NE OF PAGES TO OWNER:City of Carmel Redevelopment PROJECT: Carmel Energy Center Parcel 7C c/o Shiel Sexton Co. Phase il.Expansion 902 N. Capitol Av. Shiel Sexton Project #3663 Indianapolis, IN 46244 -0107 Carmel, Indiana FROM CONTRACTOR: Leach & Russell Mechanical Contractors, Inc. 9151 Ford Circle, Fishers, IN 46038ViA CONSTRUCTION MANAGER: Shiel Sexton Co CONTRACT FOR: Mechanical 'VIA ARCHITECT: APPLICATION NO.: 1 Distribution 10: PERIOD TO: 1 /31 /10 0 OWNER PROJECT NOS.: 3663 -2000 ❑ CONSTRUCTION MANAGER CONTRACT DATE:: 12/21/09 ❑ ARCHITECT ❑ CONTRACTOR INVOICE# 19031 (367) CONTRACTOR'S APPLICATION FOR PAYMENT Application is made for payment, as shown below, in connection with the Contract. Continuation Sheet, AIA Document G703, is attached. 1. ORIGINAL CONTRACT SUM 5 573,000 2. Net Change By Change Orders 5 3. CONTRACT SUM TO DATE (Line I -1- 2) s 573,000 4. TOTAL COMPLETED & STORED TO DATE 5 14, 000 (Column G on G702) 5. RETAINAGE: 1 400 a. 10 % of Completed Work s (Columns D + E on G703) b `X, of Stored Material S (Column F on G703) Total Retainage (Line '5a + 5b or Total in Column I of G703) S 1,400 6. TOTAL EARNED LESS RETAINAGE 5 1 2, 600 (Line 4 less Line 5 Total) 7. LESS PREVIOUS CERTIFICATES FOR PAYMENT (Line 6 from prior Certificate) S 8. CURRENT PAYMENT DUE 0 s 12,600 9. BALANCE TO FINISH, INCLUDING RETAINAGE (Line 3 Tess Line 6) $ 560,400 CHANGE ORDER SUMMARY ADDITIONS DEDUCTIONS Total changes approved in previous months by Owner Total approved this. Month TOTALS NET CHANGES by Change Order The undersigned Contractor certifies that to the best of the Contractors knowledge, infor- mation and belief the Work covered by this Application for Payment has been completed in accordance with the Contract Documents, that all amounts have been paid by the Contractor for Work for which previous Certificates for Payment were issued and pay- ments received from the Owner, and that current payment shown herein is now due. CONTRACT 13y• Leach & Russell Mechanical Contractors, Inc Date: 1/22/10 State of: Indiana County of:Hamilton Subscribed and sworn to before me this 22nd day of Jantn. ary 2010 3/ Notary Public_ My Commission expires. 3/05/17 CERTIFICATE FOR PAYMENT In accordance with the Contract Documents, based on on -site observations and the data comprising this application, the Construction Manager and Architect certify to the Owner that to the best of their knowledge, information and belief the Work has progressed as indicated, the quality of the Work is in accordance with the Contract Document's, and the Contractor is entitled to payment of the AMOUNT CERTIFIED. AMOUNT CERTIFIED s k tf jQXtk) (Attach explanation if amount certified differs from the amount applied for Initial all figures on this Application and w: "the Continuation Sheet that changed to conform to the a, ount certi 'ed.) CONSTR CTI By: A RCI-1 1 GER: By • This Certi Date: .57.7-61 Date: e is not negotiable. The AMOUNT CERTIFIED is payable only to the Con- tractor named herein. Issuance, payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. AlA DOCUMENT G7D2JCMa • APPLICATION AND CERTIFICATE. FOR PAYMENT • CONSTRUCTION MANAGER-ADVISER EDITION 1992 EDITION • AIA' • ©1992 • THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVENUE, N.W., WASHINGTON, DC. 20006 -5292 • WARNING: Unlicensed photocopying violates U.S. copyright laws and will subject the violator to legal prosecution. m CAIITIr)Fi• Ynu phnulri uCP an nrIninat AIA rInnnment whinh has this nnutinn nrIntPd in red. An nrininat assures That channels will not hp obscured ac may nnrnr when dnmrments are renrnduned. G702 /CMa -1992 CONTINUATION SHEET G703 AIA Document G702, APPLICATION AND CERTIFICATE FOR PAYMENT, containing CONTRACTOR'S signed Certification is attached. In tabulations below, amounts are stated to the nearest dollar. Use Cdlumn I on Contracts where variable retainage for line items may apply. A WORK COMPLETED ITEM SCHEDULED NO. VALUE DESCRIPTION OF WORK Bond Allowance HVAC Equipment- Material HVAC Equipment- Labor Electrical- Material Electrical- Labor Temp Controls- Material Temp Controls- Labor Sheet Metal- Material Sheet Metal- Labor Insulation- Material Insulation- Labor 14,000 25,000 422,787 27,728 9,700 8,200 30,000 25,000 2,991 1,994 2,240 3,360 TOTAL Carmel Energy Ctr Phase II SSC #3663 PAGE 2 OF 2 PAGES F PREVIOUS APPLICATIONS THIS PERIOD APPLICATION NUMBER: APPLICATION DATE: PERIOD TO: ARCHITECT'S PROJECT NO: G H 1 Jan 31,2010 Jan 31,2010 TOTAL COMP. BALANCE TO FINISH (C -G) STORED MATERIALS AND STORED (NOT IN D OR E) TO DATE (D +E +F) 14,000 - 14,000 573,000 - (G /C) RETAINAGE 16% 100% - 0% 25,000 0 %. 422,787 0% 27,728 0% 9,700 0% 8,200 0% 30,000 0% 25,000 0% 2,991 0% 1,994 0% 2,240 0% 3,360 1,400 14,000 r - 14,000 2% 559,000 1,400 February 26, 2010 Brandon Bogan CSO Architects 280 E. 96th Street, Suite 200 Indianapolis, IN 46240 RE: Carmel City Center — Parcel 7C Carmei Energy Center Phase II Expansion'Payment Application #O1 Mr. Bogan, Shiel Sexton has reviewed the attached Prime Contractor AIA payment applications and requests payment of the amounts indicated. Also attached for review and approval are the Construction Management Services / Reimbursables and Construction Management Fee payment applications. Below is a Payment Request Summary. Upon review and approval, please forward to Les Olds for approval and payment. Shiel Sexton requests a copy of the Prime Contractor payment checks for the project files. Payment Request Summary 1000: Leach and Russell Mechanical Contractors, Inc. (Mechanical) Michael G. Anderson Construction Manager 12,600.00