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HomeMy WebLinkAboutProfessional Audio Designs - $83,876.54 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 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 Tarkington Equipment installment purchase contract Invoice 6850(Professional Audio Designs) April 2012 $ 83,876.54 Total Authorized Disbursement $ 83,876.54 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 B nk and Carmel Theater Development Company, LLC. Dated: � 2 j-L CITY OF CARMEL REDEVELOPMENT COMMISSION By: Les S. Olds Printed: Executive Director Title: 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. Professional Audio Designs Inc Invoice 11707B W. Dearbourn Ave Date Invoice# Wauwatosa. WI 53226 414.476.1011 4/2/2012 6850 Bill To Carmel Theater Developement Corp.,LLC 1 171 1 N.Pennsylvania St. Suite 200 Carmel,IN P.O. No. Terms Project Mike Anderson Net 30 Quantity Description Rate Amount 10 Meyer Sound UM-1P 4,180.00 41,800.00 8 Meyer Sound UPM-1 P 1,793.33 14,346.64 I Meyer Sound USW-1 P 3,333.33 3,333.33 2 DPA 4006-TL 1.604.44 3,208.88 2 DPA 4011 1.624.44 3,248.88 6 AKG C414 XL 11 832.22 4,993.32 12 Shure Microphone SM-57 73.00 876.00 5 Shure Microphone SM58S 93.33 466.65 16 Shure Microphone BETA58A 120.00 1,920.00 1 Shure Microphone BETA9IA 190.00 190.00 10 Shure Microphone SM58-LC 80.00 800.00 1 Shure Microphone BETA52 135.00 135.00 8 Shure A ISPRS 55.56 444.48 8 Shure Al5LA 32.22 257.76 8 Shure A 15AS 35.56 284.48 16 Whirlwind NAC3-0 10 32.32 517.12 16 Whirlwind NAC3-020 44.68 714.88 8 Whirlwind NAC3-050 81.21 649.68 16 Whirlwind NAC3MM 16.02 256.32 125 Whirlwind XPL-36 9.72 1,215.00 25 Whirlwind MK410 12.98 324.50 75 Whirlwind MK425 18.44 1,383.00 25 Whirlwind MK450 28.34 708.50 10 Whirlwind MK4100 47.81 478.10 10 Whirlwind ZC 10 7.37 73.70 16 \\Vhirlvind NA3MM/W 8.39 134.24 16 Whirlwind NAFF/W 8.57 137.12 2 Whirlwind MCT-7 90.77 181.54 16 Whirlwind Lifter 8.51 136.16 8 Whirlwind YX2M 16.06 128.48 8 Whirlwind YX2F 16.07 128.56 8 Whirlwind ISOXL 32.47 259.76 I Whirlwind QBOX 144.46 144.46 Total Page 1 Professional Audio Designs Inc Invoice 11707B W. Dearbourn Ave Date Invoice# Wauwatosa, WI 53226 414.476.1011 4/2/2012 6850 Bill To Carmel Theater Developement Corp..LLC 11711 N. Pennsylvania St. Suite 200 Carmel,IN P.O. No. Terms Project Mike Anderson Net 30 Quantity Description Rate Amount -1-44 44941.110 Total Page 2