HomeMy WebLinkAboutAll Pro Sound - $14,096.69Exhibit 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, LLC
Invoice 6930 (Professional Audio Designs) August
2012
$ 14,096.69
Total Authorized Disbursement
$ 14,096.69
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:
CITY OF CARMEL REDEVELOPMENT
COMMISSIO
By
Printed
Title
Les S. Olds
Executive Director
Draft
Sound Equipment
Professional Audio Designs (Mercantile)
August 2012
Amount to be paid by Village Financial! $ 14,096.69;
Bill to:
Invoice
Carmel Redevelopment Commission
Jeff Steeg
30 West Main St.
Carmel, IN 46032
Date
Invoice #
8/8/2012
6930
P.O. No.
Terms
Project
proposal
Net 20
Quantity
Description
Rate
Amount
2
Meyer Sound Galileo 616
5,795.00
11,590.00
1
Shipping Charges from Meycr Sound
65.70
65.70
1
Middle Atlantic UPS -1000R
683.50
683.50
1
Shipping Charges from MAP
45.00
45.00
1
Peavey CAB 16i
1,650.00
1,650.00
1
Dlin DGS 1008G
49.99
49.99
1
Shipping Charges
12.50
12.50
Original P.O. Value: $14,473.49
Less this invoice: ($14,096.69)
Remaining Balance: $ 376.80
Total
$14,096:69
Remit to:;
Professional Audio Designs, Inc.
11707B W. Dearborn Ave.
.,
Wauwatosa, WI 53226
, '
414.476.1011
PR�J�D
PPP
PARTIAL WAIVER AND RELEASE OF LIEN X
FINAL UNCONDITIONAL WAIVER OF LIEN
Owner: Carmel Performing Arts Center
355 W. City Center Drive
Carmel, IN 46032
VENDOR/SUBCONTRACTOR: Professional Audio Design, Inc.
WHEREAS, the undersigned company or individual has furnished materials and /or labor to the City
of Carmel (Village Financial LLC) for use in, or improvements to, the above - referenced location;
NOW, THEREFORE, the undersigned, for an in consideration of the sum of $ 144096:69 (the
cumulative sum received by Professional Audio Design, Inc. )and other good and valuable consideration, the
receipt of which is herby acknowledged, does hereby waive and release any and all liens or right to or claim of
lien, it has now or may hereafter have on the above - described premises and any improvement thereon, under any
law, common or statutory, in the State of Indiana relating to mechanic's, material man, and /or labor liens, for the
period through _6/1/2012
The undersigned further acknowledges that receipt of this payment from said Owner constitutes full and
final payment for all goods and services supplied on this project through the date of N/A
The affiant deposes and says that he /she has the authority to execute this affidavit and release of lien on
behalf of the material supplier and/or labor or service supplier and that his /her execution hereof is effective for
the purposes for which this document is intended.
VENDOR/CONT
SIGNED:
Tessior al Audio
PRINTED NAME AND T I'LE:
PHONE:
STATE OF:
Sworn and subscribed before me this
NOTARY PUBLIC
COUNTY OF:
day of
2012
My commission expires on:
.alks PRY P
/��o�,�► °F w'S ,%
TRANSFER OF TITLE
tcaiu, ►►: ►I t!i(Ii0 Ibr• it 11C. ( "Vendor ") transfers to Village Financial, LLC any and
all right, title and /or interest that Vendor has in any labor and /or materials described in (i)
that Affidavit of Waiver of Lien executed by the Vendor June 1, 2012, and (ii) in the
amount of that Affidavit executed by the Vendor on August 'Ft$'`, 2012.
"VENDOR"
By:
Printed:
Title:
President