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HomeMy WebLinkAboutAll Pro Sound - $48,681.67Exhibit 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 Amount to be paid by Village Financial Application 11 (All Pro Sound) November 2010 $ 48,681.67 Total Authorized Disbursement $ 48,681.67 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: 2 /3 / / CITY OF CARMEL REDEVELOPMENT COMMISSION By ��- Printed Les S. Olds Executive Director Title 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 Paid by Village Financial $ 207,699.30 March 2010 Paid by Village Financial $ 38,317.50 April 2010 Paid by Village Financial $ 21,172.50 May 2010 Paid by Village Financial $ 150,574.50 June 2010 Paid by Village Financial $ 59,628.63 July 2010 Paid by Village Financial $ 83,792.70 August 2010 Paid by Village Financial $ 426,621.89 September 2010 Paid by Village Financial $ 107,776.09 October 2010 Paid by Village Financial $ 114,734.42 November 2010 Amount to be paid by Village Financial $ 48,681.67 APPLICATION AND CERTIFICATE FOR PAYMEN1 AIA DOCUMENT G702 /CAM CONSTRUCTION MANAGER - ADVISER EDITION Page I of 2 TO OWNER: Carmel Redevelopment Commissiol PROJECT: One Civic Square, Carmel, IN 46032 (Mail to Shiel Sexton) FROM CONTRACTOR: All Pro Sound 806 Beverly Parkway Pensacola, FL 32505 CONTRACT FOR: Production Sound and Co mmuications Parcel 7A, Regional Performing Carmel, IN. USA VIA ARCHITECT: CSO Architect Inc. ADDRESS: 280 East 96th St. Suite 100 Indianapolis, IN. 46240 APPLICATION NO: PERIOD TO: JOB NO: PROJECT #: AGREEMENT # CONTRACT DATE: COST CODE: Il 11/30/2010 830015 2695 2695 -6020 3/16/2009 27 41 16 Distribution to: OWNER MANAGER ARCHITECT CONTRACTOR x x CONTRACTOR'S APPLICATION FOR PAYMEN1 Application is made for payment, as shown below, in connection with the Contract. Continuation Sheet, AIA Document G703, is attached. I. ORIGINAL CONTRACT SUM 2. Net change by Change Orders 3. CONTRACT SUM TO DATE (Line I ± 2) 4. TOTAL COMPLETED & STORED TO DATE (Column G on G703) 5. RETAINAGE: a. 10% of Completed Work $ 144,856.30 (Column D + Eon G703) b. 10% of Stored Material $ 0.00 (Column F on G703) Total Retainage (Lines 5a + 5b or Total in Column 1 of 0703) 6. TOTAL EARNED LESS RETAINAGE (Line 4 less Line 5 Total) 7. LESS PREVIOUS CERTIFICATES FOR PAYMENT (Line 6 from prior Certificate) 8. CURRENT PAYMENT DUE 9. BALANCE '1'0 FINISH, INCLUDING RETAINAGE $ (Line 3 less Line 6) $ 1,581,970.00 $ (51,000.00) $ 1,530,970.00 $1 $ 1,448,563.00 144,856.30 1,303,706.70 1,255,025.03 48,681.67 227,263.30 CHANGE ORDER SUMMARY ADDITIONS DEDUCTIONS Total changes approved in previous months by Ownet $51,000.00 Total approved this Month $0.00 TOTALS $51,000.00 NET CHANGES by Change Ordet $51,000.00 The undersigned Contractor certifies that to the best of the Contractor's knowledge, information and belief the Work covered by this Application for Payment has been completed in accordance with the Contract Documents, that all amounts have been paic by the Contractor for Work for which previous Certificates for Payment were issued and payments received from the Owner, and that current payment shown herein is now due CONTRACTOR: By: State of: Florida Subscribed and sworn Notary Public: My Commission ex before me this Date: ///$/12 .ounty of: Escambia CERTIFICAt FOR RAYMENTt ?; In accordance with the Contract Documents, based on op comprising this application, the Construction Manager aitl4 'fit certilitOlh�THRU t e89 NOTARY1 Owner that to the best of their knowledge, information and Verret' the Wor ass progressed as indicated, the quality of the Work is in accordance with the Contract Documents, and the Contractor is entitled to payment of the AMOUNT CERTIFIED $ CROGEMON E. JORDAN NV trvcr rJBLIO CTATE OF FLORIDA COMMISSION # DD705193 tions an i pi lS9/21/2011 AMOUNT CERTIFIED 49,61511°1 (Attach explanation if amount certified differs fro amount applied for. Initial all figures on this Application and on the C tinuat ' eet that changed to conform to the amou t certifed.) U '� CON •N' V By: ���„ Date: ARC it ` , By: f I Date: W�tijir This Certificate is not negotiable. The AMOUNT CERTIFIED is payable o ly to the Contractor named herein. Issuance, payment and acceptance of payment are without prejudice to any rights of the Owner or Contractor under this Contract. AIA DOCUMENT G702 /CMa . APPLICATION AND CERTIFICATION FOR PAYMENT CONSTRUCTION MANAGER - ADVISER EDITION 1992 EDITION AIA ®. © 1992 THE AMERICAN INSTITUTE OF ARCHITECTS, 1745 NEW YORK AVE , N , WASHINGTON, DC 20006 -529: Users may obtain validation of this document by requesting of the license a completed AIA Document D401 - Certification of Document's Authenticity G702 /CMa -1992 CONTINUATION SHEET AIA DOCUMENT G703 PAGE 2 OF 2 PAGES AIA Document G702, APPLICATION AND 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. APPLICA'T'ION NO: APPLICATION DATE: PERIOD TO: ARCHITECT'S PROJECT NO: 11 11/18/10 11/30/10 A B C D E F G I -I I ITEM NO. DESCRIPTION OF WORK SCHEDULED VALUE WORK COMPLETED MATERIALS PRESENTLY STORED (NOT IN D OR E) TOTAL COMPLETED AND STORED TO DATE (D +E +F) % (G — C) BALANCE TO FINISH (C - G) RETAINAGE (IF VARIABLE RATE) FROM PREVIOUS APPLICATIOI\ (D + E) THIS PERIOD 1 Cable $ 152,365.00 $ 152,365.00 $ - $ - $ 152,365.00 100.00% $ - $ 15,236.50 2 Fabricated Steel $ 23,250.00 $ 23,250.00 $ - $ - $ 23,250.00 100.00% $ - 5 2,325.00 3 Racks, Cases, and Carts $ 21,420.00 $ 21,420.00 $ - $ - $ 21,420.00 100.00% $ - $ 2,142.00 4 Equipment Electronics $ 830,217.00 $ 827,850.15 $ 2,366.85 $ - $ 830,217.00 100.00% $ - $ 83,021.70 5 Equipment Hardware $ 57,011.00 $ 55,887.11 $ 1,123.89 $ - $ 57,011.00 100.00% $ , - $ 5,701.10 6 Labor $ 341,532.00 $ 264,025.00 $ 49,100.00 $ - $ 313,125.00 91.68% $ 28,407.00 $ 31,312.50 7 Bond $ 49,675.00 $ 49,675.00 $ - $ - $ 49,675.00 100.00% $ - $ 4,967.50 8 Bid Package 6020 General Allowance $ 100,000.00 $ 51,000.00 $ - $ - $ 51,000.00 51.00% 5 49,000.00 $ 5,100.00 9 Allowance No. 3 - CAD AS BUILTS $ 5,000.00 $ - $ - $ - $ - 0.00% $ 5,000.00 $ - 10 Software Allowance $ 1,500.00 $ - $ 1,500.00 $ - $ 1,500.00 100.00% $ - $ 150.00 11 Change Order #1 $ (51,000.00) $ (51,000.00) S - $ - $ (51,000.00) 100.00% $ - $ (5,100.00) GRAND TOTALS $ 1,530,970.00 $ 1,394,472.26 $ 54,090.74 $ - $ 1,448,563.00 94.62% $ 82,407.00 $ 144,856.30 AIA DOCUMENT G7CUSGCSI-mawoistairEvaildatton of ofsthisottortiment by9s2questing 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, D.C. 20006 -5232 G703 -1992 AUDIO • VIDEO • LIGHTING SOLUTIONS Bill Of Sale City of Carmel Redevelopment Commission Parcel 7A, Regional Performing Arts Center Carmel, IN.46032 FOR GOOD CONSIDERATION, and upon payment of Forty -Eight Thousand Six Hundred Eighty -One Dollars and Sixty -Seven Cents ($48,681.67), and to extent as billed on Pay Request #11 the undersigned, All Pro Sound Inc., 806 Beverly Parkway, Pensacola, FL. 32505 ( Seller) hereby sells and transfers to City of Carmel Redevelopment Commission( Buyer / Owner ), the following: See Breakdown Attached: Which are stored at: All Pro Sound Inc. Pre - Fabrication Building 602 West Michigan Avenue Pensacola, Florida 32505 Ph. (850)432 -5780 ext. 2075 Fax (850)432 -0844 The Seller warrants it has good title to said property, full authority to sell and transfer same, and that said property is sold free of all liens, claims and encumbrances. Signed under seal this 18th day of November, 2010 All Pro Sound, I c. Signature Signature John Fu 01 °� ® CREIGHTON E. JORDAN °1 0 < % NOTARY P suc•STATEOFFLORID A s t ''s COMMIS SION#00706193 , EXPIRES 9/21/2011 BONDED THRU 1.888•NOTARYI S Notary Pu i lic DESIGN. BUILD. PERFORM. 806 Beverly Parkway • Pensacola, Florida 32505 • Phone 850.432.5780 • Fax 850.469.9780 • www.allprosound.com 1 AUDIO • VIDEO • LIGHTING SOLUTIONS WAIVER AND PARTIAL RELEASE OF LIEN UPON PROGRESS PAYMENT # 11 The undersigned lienor, for and in consideration of the sum of $48,681.67 hereby waives and Releases, its lien and right to claim a lien for labor, services, or materials furnished through November 18, 2010, to Shiel Sexton Co., Inc. on the job of City of Carmel Redevelopment Commission, For the following described property: City of Carmel Redevelopment Commission Parcel 7A, Regional Performing Arts Center 777 3rd Ave. SW. Carmel, IN. 46032 This waiver and release does not cover any retention of labor, services, or materials furnished after the date specified above. By: si Date on 18th day of November, 2010 (Signature Printed Name and Title: David Fanugao / Accounts Receivable For: All Pro Sound Inc. (Company Name) STATE OF FLORIDA COUNTY OF ESCAMBIA The foregoing instrument was acknowledged before me this �g day of / UB V 113 , 2010 By David Fanugao, who is personally known to me, or who has produced (type of identification) as identific t' Did not take an oath. pal. . , t0 �` otary Signature who er :7` CF,IIFID N E. JORDAN to ••ta1 d mq STATEOFFLORDA f, • . \4 '! S COMMISSION # DD705193 �• EXPIRES 9/21/2011 (SerlA1'Numbef DTHRU1- 888.NOTARYI DESIGN-. -B D. PERFORM. 806 Beverly Parkway • Pensacola, Florida 32505 • Phone 850.432.5780 • Fax 850.469.9780 • www.allprosound.com