HomeMy WebLinkAboutTelecom Placement - Underground conduit and vaults - $41,171Regions 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 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
Amount to be paid by Carmel Theater Development Company as per the
Security Equipment installment purchase contract
Invoice CC2511 (Telecom Placement) June 2011
$ 41,171.00
Total Authorized Disbursement
$ 41,171.00
All terms used in these Disbursement Instructions without definition shall have the meanings ascribed
thereto in that certain Loan Agreement (Equipment and Improvements), dated July 22, 2010, by and
between Regions Bank and Carmel Theater Development Company, LLC.
Dated: -77 // CITY OF CARMEL REDEVELOPMENT
COMMISSION
By:
Printed:
Title:
Les S. Olds
Executive Director
It is acknowledged and agreed by the parties that CRC has reserved the right to require, as a condition of
authorizing disbursement of Loan Proceeds from the Borrower Loan Account to (or for the account of)
Borrower: (a) completion of a satisfactory inspection by CRC of the portions of the Equipment and /or the
Improvements to which the disbursement relates; and (b) receipt of customary submittals.
TELECOM PLACEMENT, INC.
15405 LITTLE EAGLE CREEK AV.
ZIONSVILLE, IN 46077
Telecom Placement, Inc.
BILL TO:
CARMEL THEATER DEVELOPMENT
CO.,LLC -JEFF SPORLEDER
11711 N PENNSYLVANIA ST
SUITE 200
INVOIC...
CC2511
FILE #
DATE
6/28/2011
PROJ. #
ATTN: I 1
ITEM CODE
DESCRIPTION
UNITS
U/M
UNIT PRICE
AMOUNT
1129
PO -176660
CONSTRUCTION OF UNDERGROUND CONDUIT
AND VAULTS
1
41,171.00
41,171.00
Total S41,171.00