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Home My WebLink AboutAll Pro Sound - $207,699.30Exhibit D Disbursement Instructions Mercantile 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 1't%llIiS 'r911-, VI l^ Tit -r+irrt °n't. $ f2?St5J.2n i j Total Authorized Disbursement 1 2.07. 09.50 All terms used in these Disbursement Instructions without definition shall have the meanings ascribed thereto in that certain Loan Agreement (PAC Sound Equipment), dated , as of August 31, 2009, by and between Lender and Village Financial, LLC. Dated: :t CITY OF CARMEL REDEVELOPMENT COMMIS ION By Printed Le s S. Olds Title E xGoudivf Direc-hr- o Atcg% !vcrrk r ,c\ J , {- C,`"'l. C" e4� thin Draft Sound Equipment All Pro Sound (Mercantile) January 2010 Amount paid by CRC $ 44,707.50 February 2010 Application 2 $ 207,699.30 February amount to be paid from PAC Sound Equipment $ 80,198.10 February amount to be paid from PAC Equipment $ 127,501.20 Amount to be paid by Village Financial $ 207,699.30 APPLICATION AND CERTIFICATE FOR PAYMEN1 .41.4 DOCUMENT G702 /CMct TO OWNER: Cannel Redevelopment Conuntssiol One Civic Square: Carmel. IN 4603 I Mail to Shiel Sexton) 1 FROM CONTRACTOR: All Pro Sound $0( Beverly Parkway Pensacola. FL 325(15 CONTRACT FOR: Production Soutid and Co • • PROJECT: 'a 2 • Carmel. IN. USA Parcel 7:1. Itegiunal I'rrlin ming VIACh T .AR ECT: CSO Architect Inc. ADDRESS: 2S0 East With St. Suite 1011 Indianapolis. iN. 46240 n)ttttticationS CONSTRUCTION MANAGER - ADVISER EDITION Pau I „r APPLICATION NO: PERIOD TO: JOB NO: PROJECT l:: AGREEMENT U CONTRACT DATE: COST CODE: 2/9/2()10 S30015 2,(,95 2695-61)21) 3/I 6 /2(109 2741 16 Distribution to: x OWNER MANAGER ARCHITECT CONTRACTOR CONTRACTOR'S APPLICATION FOR PAYMEN1 Application is made I'or payment. as shown below, in connection with the Contract. Continuation Sheet, AIA Document G71)3. is attached. 1. ORIGINAL CONTRACT SUM 2. Net change by Change Orders 3. CONTRACT SUM •TO DATE (Line I t 2) 4. TO FAL COMPLETED ED & STORED TO DATE (Column G on G703 5. RETAINACiE: a. III'% ofCmnpletetl Work S (Column D + E on G703) h. I 0% or Stored Material S (Column F on G703) Total Retain:me (Lines 5a • +• 5b or S 5 51 6,877.511 1,581,970.00 51,1)110.00 1,530,970.011 5281,452.1111 21,167.71) Total in Column I or G7031 6. TOTAL EARNED LESS Rf fAiNACUF (Line 4 less Line 5 Total) 7. LESS PREVIOUS CERTIFICATES FOR PAYMENT (Line 6 front prior Certifctte) R. CURRENT PAYMENT DUE 9. IIALANC'E TO FINISH. INCLUDING RI. TAINAGE S ( Line 3 less Line 6) S S S S The undersiuted Contractor certifies that to the hest or the Contractor's knowledge. information and belief the Work covered by this Application for Payment has been completed in accordance with the Contract Documents. that all amounts have been pail by the Contractor liir Work fir which previous Certificates li r Payment were issued and payments received fronr the Owner. and that current payment shown herein is now due CONTRACTOR: ow —, Date: 02/1 %10/6 State or: County or: use; ;..-. li: Subscribed and sworn to before me this CG t3�]RD/ t} 2 C / U Notary Public: •,�'R;P�..•� Fi�J My Commission exph tp X41; NOTAftYPUBUC•STATEOFFLOR!DA t• �� =�1 s COMMISSION #DD705193 28,0.45.20 CERTIFICATE 4' PAYMENT"'" • .e 0 .•••. 252,4116.80 In accordance with the Contract Documents. oared onion -site observations and the data comprising this application, the Construction Manager and Architect certify to the Owner that to the hest of their knowledge. information and belief the Work has 44.7117.511 progressed as indicated. the quality of the Work is in accordance with the Contract 21174,'J9.111 Documents. and the Contractor is entitled to payment or the AMOUNT CERTIFIED $ 2257,(4, 01,— 1,278,563.211 CI-IAN(iL ORDER SUMMARY ADDITIONS DEDULTIUNS Total changes approved in previous months by Owner Total approved this Month 'S5I.0110.00 TOTALS S51.II110.011 NET CHANGES by Change Ordet S51,(11111 ;00 AMOUNT CERTIFIED (:Iacrch explanation !lawman certified differs from the amount applied far initial all figures on this : 1pplic•ruion and on dw Cnntiuu 'vu Sheet drat c hanged to rru(farnr no the amount certifier CO STRUCTI0 M AGER: / By: R /� 1i' Date: This ..Y__. This Cc " tote is not negotiable. The AMOUNT CERTIFIED is puyabl only to due Contractor named herein. Issuance, payment and acceptance of payment arc.withou• prejudiceto any rights of the Owner or Contractor under this Contract. AM DOCUMENT G7021CLIn • APPLICATION AND CERTIFICATION FOR PAYMENT CONSTRUCTION MANAGER•ADVISER EDrON • 1092 EDITION - AlAD • Ei 1992 G702/CL1a•1092 THE AMERICAN IIISTITUTE OF ARCHITECTS. 1745 NEW YORK AVE.. N.W.. WASHINGTON. DC 20000.525: Users may obtain validation of this document by requesting of the license a completed AlA Document D401 - Certification of Document's Authenticity CONTINUATION SHEET AlA DOCUMENT G703 AlA Document 6702. APPLICATION ANI) CERTIFICATION FOR PAYMENT. containing Contractor's signed certification is attached. In tabulations below. amounts are stated to the nearest dollar. Use Column I on Contracts where variable retainage For line items may apply. PAGE 1 OF 2 PAGES APPLICATION DATE: 02/ 09/1 0 PERIOD TO: 02/09/10 ARCHITECT'S PROJECT NO: A 13 C D L F G II I ITEM NO. DESCRIPTION OF WORN SCHEDULED VALUE WORK COMPLETED NIATERIAIS PRESENTLY STORED (NOT IN D OR El TOTAL COMPLETED AND STORED TO DATE (D -L• +F) 91, IG r C) BALANCE 'CO FINISH IC - (31 RFI AINAGF (IF VARIADI-F RATE) FROM PREVIOUS APPLICATION (I) + El TIiIS PERIOD 1 Cable S 152,365.00 S - S - S 149,325.00 S 149,325.00 93.00% S 3,040.00 S 14,932.50 2 Fabricated Steel S 23,250.00 S - S - S - S - 0.00% S 23.250.00 S - 3 Racks, Cases, and Carts S 21,420.00 S - S - S - S - 0.00% S 21.420.00 S - 4 Equipment Electronics S 830,217.00 S - S - S 62,352.00 S 62,352.00 7.51% S 767,865.00 S 6,235.20 5 Equipment Hardware S 57,011.00 S - S 7,850.00 S - S 7,850.00 13.77% S 49.161.00 S 785.00 6 Labor S 341,532.00 S - S 11.250.00 S - S 11,250.00 3.29 %° S 330,282.00 S 1,125.00 7 Bond 5 49,675.00 S 49,675.00 S - S - S 49,675.00 100.00 %, S - S 4,967.50 8 Bid Package 6020 General Allowance S 100.00(1.00 S - S - S - S - 0.00% S 100,000.00 S - 9 Allowance Nn. 3 - CAD AS BUILTS S 5,000.00 S - S - S -. S - 0.00% $ 5,000.00 S - 10 Software Allowance S 1,500.00 S - S - S - S - 0.00% S 1,500.00 S - 1 I Change Order R1 S (51.000.00) $ - S - S - S - 100.00% • S (51.000.00) S - • GRAND TOTALS S 1,530,970.00 S 49,675.00 S 19,100.00 $ 211,677.00 S 280,452.00 18.32% S 1,250,518.00 S 28,045 20 AIA OOCUMEN G, IL9stnslttoaxi�httetllaualtdeticlmofgtgi�dcommie bpanquesting of the license a completed AIA Document D401 - Certification of Document's Authenticity THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVENUE. N.W.; WASHINGTON, O.C. 2000G -5232 G703 -1 992