HomeMy WebLinkAboutBybee Stone - $15,000 The National Bank of Indianapolis 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 Authorized
Disbursement" line in the "Amount of Authorized Disbursement" column below; and (b) accordance with
the terms and conditions of the Agreement, the other Loan Documents, and the Disbursement
Instructions.
Purpose of Authorized Disbursement Amount of Authorized
Disbursement
Amounts to be paid by Carmel Theater Development Company,LLC per
Equipment and.Improvements Installment Purchase Contract:
Limestone(Bybee Stone)February work $15,000.00
Total Authorized Disbursement $j15;Otl0 6.01 ,-Y.: ' ' :,
All terms used in these Disbursement Instructions without definition shall have the meanings ascribed
thereto in that certain Loan Agreement(Equipment and Improvements), dated February 23, 2010, by and
between The atio I Bank of Indianapolis and Carmel Theater Development Company, LLC.
Dated: 3 3 A CITY OF CARMEL REDEVELOPMENT
COMMISSION
By: er t►. '
Les S. Olds
Printed:
Executive Director
Title:
Draft
Limestone Cladding
(Bybee Stone)
Up Through December 2009
Total Contract Amounts through application 19
Completed and Stored to date $ 3,131,018.00
Retention held $ 164,178.80
Paid to date $ 2,966,839.20
Amount reimbursed to CRC $ 2,966,839.20
January 2010
Total Contract Amount for application 20
Completed and Stored $ 108,982.00
Retention held $ _
To be paid $ 108,982.00
Paid by Carmel Theater Development Company $ 108,982.00
February 2010
Total Contract Amount for application 21
Completed and Stored $ 15,000.00
Retention held $ _
To be paid $ 15,000.00
Amount to be paid by Carmel Theater Development Company $ 15,000.00
Mt A\ I A‘, Document G7021C[Ma o 1992
Application and Certificate for Payment Construction Manager-Adviser Edition
TO OWNER: PROJECT: APPLICATION NO: 21 Distribution to:
City of Carmel Performing ing Arts Ctr
CR
C Civic Square IN PERIOD TO: 2/28/10 OWNER ❑
Cannel IN 46032 CONSTRUCTION MANAGER ❑
FROM CONTRACTOR: VIA CONSTRUCTION MANAGER: CONTRACT DATE: 11/30/07 ARCHITECT ❑
Bybee Stone Co Inc Shiel Sexton
6293 N Matthews Dr PROJECT NOS:2695-2025 CONTRACTOR ❑
Ellettsville IN 47429 VIA ARCHITECT: FIELD ❑
CSO Architects Inc
CONTRACT FOR: Performing Art ❑
CONTRACTOR'S APPLICATION FOR PAYMENT The undersigned Contractor certifies that to the best of the Contractor's knowledge,information and
Application is made for.payment,as shown below,in connection with the Contract belief the Work covered by this Application for Payment has been completed in accordance with the
Continuation Sheet, or. Document G703,is attached. Contract Documents,that all amounts have been paid by the Contractor for Work for which previous
2,8 5 0,00 0 Certificates for Payment were issued and payments received from the Owner, and that current
1.ORIGINAL CONTRACT SUM $ payment shown herein is now due.
2.Net change by Change Orders $ 415 ,00 0 CONTRACTOR:
3.CONTRACT SUM TO DATE(Line l±2) $ 3 , 265,000 By: • ____ Date: 2/15/10
4,TOTAL COMPLETED&STORED TO DATE(Column G on G703) $ 3 , 255 ,U U 0 state of: Ind • a n a
5.RETAWAGE: County of:Owe n
a. 11 VV %of Completed Work Subscribed and swe to before
(Column D+E on G703) $ 164 , 178 .80 me this 15 of iebr 7,r 201,0. i
b• %of Stored Material Notary Public: 8/2 5 �'CAA
(Column F on G703) $ My Commission expires: /
Total Retainage(Lines 5a+5b or Total in Column I of G703).. S 164 , 17 8 . 8 0 CERTIFICATE FOR PAYMENT
6.TOTAL EARNED LESS RETAINAGE s 3 ,090,821 . 20 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
(Line 4 Less Line 5 Total) knowledge,information and belief the Work has progressed as indicated,the quality of the Work is in
7.LESS PREVIOUS CERTIFICATES FOR PAYMENT $ 3 ,075,821 . 2 0 accordance with the Contract Documents,and the Contractor is entitled to payment of the AMOUNT
(Line 6 from prior Certificate) CERTIFIED.
8.CURRENT PAYMENT DUE $ 15 ,000 .00 AMOUNT CERTIFIED $ 6 250
9,BALANCE TO FINISH,INCLUDING RETAINAGE (Attach explanation if amount certified differs from the amount applied.Initial all figures on this
Application and n the Continuation Sheet that are changed to conform with the amount certified.)
(Line 3 less Line 6) $ 174 , 178 . 80 CONSTRUCTI• MANA
By: .•_ k Date: ) •`S".24,b
CHANGE ORDER SUMMARY ADDITIONS DEDUCTIONS ARCHITECT:lI� �
Total changes approved in previous months by Owner $ 415 ,00C $ By: . ` Date: 3 ' V• I2C
Total approved this Month $ $ This Certificate not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor
TOTALS $ 415 ,00C $ named herein. Issuance, payment and acceptance of payment are without prejudice to any rights of
NET CHANGES by Change Order $ 415 ,000 the Owner or Contractor under this Contract.
AIA Document G7021CMaTM-1992.Copyright®1992 by The American Institute of Architects.All rights reserved.WARNING:This Ale Document Is protected by U.S.Copyright Law and international Treaties.
Unauthorized reproduction or distribution of this AlAe Document,or any portion of it,may result in severe civil and criminal penalties,and will be prosecuted to the maximum extent possible under the law.This
document was created at 11:25:14 MDTon 08/19/2008 under the terms of license number 26001 issued by the American Institute of Architects,and is not for resale.This document Is licensed for one time use only and may not be
�� II ®
� �
PO' ,'?3 A. TM
Continuation Sheet.
AIA Document G702,APPLICATION AND CERTIFICATION FOR PAYMENT, APPLICATION"NO: 21
containing Contractor's signed certification is attached. APPLICATION DATE: Feb. 15;2010
In tabitlations below,amounts are stated to the nearest-dollar. PERIOD TO: February 28,2010
Use Column I on Contracts where variable retainage for line items may apply. ARCHITECT'S PROJECT NO: 2695-2025
CONTRACTOR: Bybee Stone,Co Inc
A B C D E F G H I
WORK COMPLETED
MATERIALS TOTAL
PRESENTLY COMPLETED BALANCE
ITEM DLSCRiPT10N OP WORK SCHEDULED FROM PREVIOUS STORED AND STORED Vi: TO (IF V A I AGE
NO. VALUE APPLICATION THIS PERIOD (NOT IN TO DATE (0+C) FINISH (IF VGA TE)BLE
(D+E) D ORE) (D+E+F) (C-G)
1 Shop Drawings 387,000 387;000 0 0 387,000 100% 0.00 34;830.00,
2 Raw Material 911,400 911,400 0 0 911,400 100% 0.00 61,525.00
3 Material.Storage 0 0 0 0 0 0% 0.00' 0.00
4 Shop:Fabrication 1,301,600 1,301;600 0 0 1,301,600 100% 0.00 52,064.00
5 Material Delivery 100,000 75,000 15,000 0 90;000 90% 10,000.00 100.00
6 Engineering Allowance 150,000 150,000 0 0 150,000 100% 0.00 7,329.80 •
7 Change Order#1 415,000, 415,000 0 0 415,000 100% 0.00 8,330.00
•
•
Totals '3;265,000 3,240,000 15 000 , 0 3, 55,000 10,001)00 1.64.,,178:80
•AIA Document G763° —1992.Copyrlghtl 1963,1965,1966,,1967,1970,1978,1983 and'1992 by The Arnericari Institrte of Architects,All rights reserved.WARNING:ThisAlA°Documont is protoctad by U.S.Copyright
Law and-International Treatlea.Unauthorized reproduction ni•'diairlhutton of lids AIA'Document,or any portion off t,may re.utt in severe civil and criminal penalties,and,will be prosecuted to the mneiiruar,uxient
possible under the law.This,document wascreated at09:50:20 MDT on 07/17/3909 under the.terms or license number,26001 issried by the-American Institute of Architects,and Is not for resale.This document is licensed for one
lime use only end may not be reproduuced prior to 4 completion.
PARTIAL WAIVER OF LIEN
STATE OF INDIANA) Gty#:
SS
COUNTY OF MONROE) Escrow#:
TO WHOM IT MAY CONCERN:
WHEREAS the undersigned has been employed by the City of Carmel, Carmel Redevelopment Commission to furnish
Limestone for the premises know as Regional Performing Arts Center of which the City.of Carmel is the owner.
THE undersigned, for and in consideration of $15,000.00 , and other good and valuable considerations, the receipt whereof is
hereby acknowledged,do(es)hereby Waive and release any and all lien or claim of,or right to,lien, under the statutes of the State of Indiana,
relating to mechanics' liens, with respect to and on said above described premises, and the improvements thereon, and on the material,
fixtures, apparatus or Machinery furnished and on,the moneys, funds or other considerations due or to become due from the owner, on
account of labor services, material, fixtures, apparatus or machinery, hereto furnished to this date by the undersigned for the above-described
premises, INCLUDING EXTRAS*.
Date: February 15.-2010 Company Name: Bybee Stone Company,Inc
�Adddress: 6293 N. Matthews Dr, Ellettsville,IN 47429
VSignature and Title:- V P
*EXTRAS INCLUDE BUT ARE IV OT LIMITED TO:CHANGE ORDERS,BOTH ORAL AND WRITTEN,TO THE CONTRACT:
CONTRACTOR'S AFFIDAVIT
STATE OF INDIANA)
SS
COUNTY OF MONROE )
THE undersigned, Mary Beth Haas, being duly sworn, deposes and says that he or she is Vice Pres. -of Bybee Stone
Company,Inc who is the contractor-furnishing Limestone for the building located at Carmel. Indiana
owned by the City.of Carmel,Carmel Redevelopment-Commission . That-the total amount of the contract including extras is
$ 3.265,000.00 on which he or she.has received payment of S 2.821.487 20 prior to this payment. That all waivers are true,
correct and genuine and delivered unconditionally and that there is no claim either legal or equitable to defeat the validity of said waivers.
That the following are the names of all parties who have furnished material or labor,orboth, for said work.and all parties having contracts or
sub contracts for specific portions of said work or for material entering into the construction thereof and the amount due or to become due
each,and that the items mentioned include all:labor and material required to com (mete said work accordin lans:and s ification:
NAMES WHAT FOR CONTRACT AMOUNT THIS BALANCE
PRICE PAID. PAYMENT DUE
BYBEE-STONE COMPANY;INC LIMESTONE S3,205,000.00 S2,821,487;20 S15,000.00 S 428,512:80
'TOTAL LABOR-8i MATT TO COMPLETE S3;265,1100.00 S 2,821,487.20' S15,000.00 5428,512.80
That there are no other contracts for said work outstanding,:and that there is nothing due or to become due to:any person for material, labor or
other work ofany kind done or to be.done upon or in connection with said work other than above stated.
Date: Feb. 15,2010 Signature: � IlCice President,
1
Subscribed and Sworn to Before Me This 15th Day of February , 2010.
EXtras-included but.are not limited to Change Orders,
Both oral and Written to the contract. f2A d
Notary"Public
Commission Expires: 8/25/2016
F.1722n5/96
Provided by Chicago Title Insurance Company