HomeMy WebLinkAboutGibraltar, Meyer Najem - $26,085.07 •
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
Amphitheater Improvements installment purchase contract
Invoice 02-11-750-04(Meyer Najem) June 2011 $ 1,428.01
Invoice 02-11-750-05(Meyer Najem) July 2011 $ 520.00
Application 3(Gibraltar) July 2011 $ 24,137.06
Total Authorized Disbursement $ 26,085.07
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: 8 /8//// CITY OF CARMEL REDEVELOPMENT
/l COMMISSI o N
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.
Draft
Amphitheater
(Meyer Najem)
March 2011 (invoice 02-11-750-01)
Paid by the Carmel Theater Development Company $ 2,861.32
April 2011 (invoice 02-11-750-02)
Paid by the Carmel Theater Development Company $ 17,915.38
May 2011 (invoice 02-11-750-03)
Paid by the Carmel Theater Development Company $ 4,025.29
June 2011 (invoice 02-11-750-04)
Amount to be paid by the Carmel Theater Development Company $ 1,428.01
July 2011 (invoice 02-11-750-05)
Amount to be paid by the Carmel Theater Development Company $ 520.00
13099 Parkside Drive
Fishers, IN 46038
' 317-577-0007
317-577-0286(fax)
A
CONSTRUCTION,
June 25, 2011
CSO Invoice#: 02-11-750-04
8831 Keystone Crossing Terms: Net 30 Days
Indianapolis, IN 46240
Attn: Brandon Bogan
Project: Carmel Amphitheater
For Period Ending: 6/25/11
Schedule of Value Prior Billings I Current Billing I Cumulative Total
I. Staffing $ 13,165.00 $ 12,058.61 $ 1,106.39 $ 13,165.00
II. General Conditions $ -
III. Construction Manager Fee $ 13,165.00 $ 12,743.38 $ 321.62 $ 13,065.00
$ 26,230.00
$ 26,330.00
TOTAL AMOUNT DUE $ 1,428.01
IS
Tim Russell,President
If you have any questions, please reference the invoice number.
13099 Parkside Drive
Fishers, IN 46038
I 317-577-0007
317-577-0286(fax)
CONSTRUCTION
July 25, 2011
CSO Invoice#: 02-11-750-05
8831 Keystone Crossing Terms: Net 30 Days
Indianapolis, IN 46240
Attn: Brandon Bogan
Project: Carmel Amphitheater
For Period Ending: 7/25/11
Schedule of Value' Prior Billings I Current Billing I Cumulative Total
I. Staffing $ 13,165.00 $ 13,165.00 $ 13,165.00
II. General Conditions $ -
III. Construction Manager Fee $ 13,585.00 $ 13,065.00 $ 520.00 $ 13,585.00
$ 26,750.00
$ 26,750.00
TOTAL AMOUNT DUE $ 520.00
1
Tim Russell,President
If you have any questions,please reference the invoice number.
Draft
Amphitheater
(Gibraltar)
April 2011 (application 1)
Paid by the Carmel Theater Development Company $ 174,660.00
May 2011 (application 2)
Paid by the Carmel Theater Development Company $ 21,375.00
July 2011 (application 3)
Amount to be paid by the Carmel Theater Development Company $ 24,137.06
� �$ �� TM
cm:ent 7OZ/ Ma 1992
Application and Certificate for Payment Construction Manager Adviser Edition
TO`'OWNER PROJECT Parcel?-B Cen o�the Pe ormin fAct�Vi
e? C
ATION'NO: 3 Distribution to Redevelopment Commission r 7/31/11 West Main Suite i <cPERIOD TO:
OWNER
Carmel IN 46032 . ,P O
��� f�
CONSTRUCTION MANAGER 0
Gibraltar Construction Corp �S 4/13/10
FROM CONTRACTOR: VIA CONSTRUCTION MANAGER: Cry /! CONTRACT DATE: ARCHITECT O
2932 N.Webster Ave. >,¢ PROJECT NOS: I I CONTRACTOR
Indianapolis, IN 46219 G
VIA ARCHITECT.
OSO Architects,Inc 1.0
FIELD 0
CONTRACT FOR: Amphitheater Package 2 o
CONTRACTOR'S APPLICATION FOR PAYMENT The undersigned Contractor certifies tl a to the best of the'Contractor's knowledge, information and
belief the Work covered by this ppli,at on for Payment has been completed in accordance with the
Application is made for payment,as shown below,in connection with the Contract. lr
Continuation Sheet,AIA Document G703,is attiched. Contract Documents,that all at :,, nts , e been paid by the Contractor for Work for which previous
Certificates for Payment wer•II .suer and payments received from the Owner, and that current
9,462.06 i /
1.ORIGINAL CONTRACT SUM $ 221,800.00 Payment shown e em is n wia
2.:Net change by Change Orders $ CONTRACTOR. iraltar �' ru• ion Corp
3 CONTRACT SUM TO DATE(Line 1 ±2) $ ;231,2d'1.06 By , Date ,
4.TOTAL COMPLETED&STORED TO DATE(Column G on G703) 231,262.08
Y" -moo mil,
5.RETAINAGE. County of �1i7".'/�1 " " E- � �AN R. MCBRIDE%of Com leted Work S
p 11,090.00 Subscribed and swell e r ', .1 r .q of Wg�cock out y
(Column D+Eon G703) $; me this.� ;.fe Y �� � • ��f MY COrfi11�1, , 11-29-2017
b: %of Stored Material Notary Public
(Column F on G703) $ My Co 1 .n;expires', / ' .CJ.AN CCr111t11sSior # 611862
Total Retainage(Lines 5a+5b or Total in ColuiTiti:I.of G703) $ CERTIFICATE FOR PAYMENT'w
220,172 06 In accordance with the Contract Documents; based on on site observations and the data'comprising _`.
EARNED LESS RETAINAGE. :` this•a lication;the Construction Manager and:Architect certify to
.. ...:.�. ........... $ t.. ;..._ PP Y e best of their
6.TOTAL(Line 4 Less Line 5 Total) •
the Owner that to th
( ) knowledge information and belief the Work has progressed as indicated the quality of the Work is in
196,035.00 accordance with the Contract Documents;and the Contractor is entitled to Payment a ment of the.AMOUNT
7.LESS PREVIOUS CERTIFICATES FOR PAYMENT
$ p y
(Line 6 from prior Certificate) CER I Ih1bD
8.CURRENT PAYMENT DUE.:.. $ 24 137 06 AMOUNT CERTIFIED . $
(Attach explanation if amount,certified differs from the amount applied Initial all ff�ures on this
9 BALANCE TO FINISH,INCLUDING RETAINAGE Application and on the Continuation Sheet that are changed to conform with the amount certi ed:
11,090.00' PP 8.,: f .� )
(Line 3 less Line 6) $ CONSTRUCTION MA
ADDTITONS: DEDUCTIONS O a Inc e
CHANGE ORDER SUMMARY _:.
Total changes es a roved in previous months b. Owner $ $ B H
RCHITECT CSO
,:.., $ Ph ,.. P ,4...: by By � � .Date _
Pp $`,...',; $ ?' This.Certificate is ne °Fable. The AMOUNT CERIIHIeD is payable o to C.
Total approved this �` "' s ' ,
;,.� P Y Contractor
_. TOTALS ' $
$ named herein Iss o'f payment and acceptance of payment are without prejudice to any rights of
NET CHANGES by?Change:Order,
$ the Owner or Contractor under this Contract.
CAUTION:You shouldsi 9 h an on 9 inal AIA,Contract:Document ;on:which•:.this•text!appears:in RED An on ginalcassures that changes:+will notbeobscured:i
__.... ._.8. .. _. .
AIAiDocument G7021CMaTu—1992:Copyright m 1992.b„The American Institute of Architects All rights reservedr,WARNING:-This°AIA®+Document is protected by U.S.Copyright Law and International.Treaties.
Unauthorized reproduction or distribution of this AlA® Document or any portion of it,may result in severe civil and criminal penalties and will be prosecuted to the maximum extent possible under the law.,
Purchasers are permitted to reproduce ten.(10)-copies:of this document when,completed.To report copyright violations of AIA=Contract Documents,e-mail The American Institute of Architects'+legal counsel,copyright @aia org, . ;,
CONTINUATION SHEET Page 2 of 2
APPLICATION AND CERTIFICATE FOR PAYMENT,containing Contractor's signed Certification, is APPLICATION NO. : 3
attached. In tabulations below, amounts are stated to the nearest dollar. Use Column I on Contracts where APPLICATION DATE: 7/31/2011
variable retainage for line items may apply. PERIOD TO: 7/31/2011
ARCHITECT'S PROJECT NO. :
A B C D I E F G H I
WORK COMPLETED MATERIALS TOTAL
ITEM PRESENTLY COMPLETED AND qo BALANCE TO RETAINAGE
DESCRIPTION OF WORK SCHEDULED VALUE FROM PREVIOUS FINISH (IF VARIABLE
NO. APPLICATION THIS PERIOD STORED(NOT IN STORED TO DATE (G I C)
(D+E) D OR E) (D+E+F) (C-G) RATE)
1 Allowance $10,000.00 $10,000.00 $10,000.00 100% -
2 General Conditions $17,000.00 $17,000.00 $17,000.00 100% -
3 Bond $3,500.00 $3,500.00 $3,500.00 100% -
4 Excavation $24,000.00 $24,000.00 $24,000.00 100% -
5 Backfill/Underdrains $10,900.00 $10,900.00 $10,900.00 100% -
6 Sump Pit $14,300.00 $14,300.00 $14,300.00 100% -
7 Concrete Foundations $11,900.00 $11,900.00 $11,900.00 100% -
8 Concrete Ramps/Steps $8,400.00 $8,400.00 $8,400.00 100% -
9 Block& Brick $81,000.00 $81,000.00 $81,000.00 100% - 11,090.00
10 Limestone $23,000.00 $19,000.00 $4,000.00 $23,000.00 100% -
11 Steel Railings $7,750.00 $7,750.00 $7,750.00 100% -
12 URNS $5,800.00 $5,800.00 $5,800.00 100% -
13 Irrigation $1,800.00 $1,800.00 $1,800.00 100% -
14 Sod $1,700.00 $1,700.00 $1,700.00 100% -
15 Joint Sealants $750.00 $75.00 $675.00 $750.00 100% —
16 Change Order#1 $9,462.06 $9,462.06 $9,462.06 100% -
$231,262.06 $207,125.00 $24,137.06 $0.00 $231,262.06 100% $0.00 $11,090.00
ISA Form#1-402
AFFIDAVIT AND WAIVER OF LIEN
❑ FINAL ® PARTIAL ® PAYMENT TO FOLLOW
State of Indiana, County of Marion, SS
Michael Smith being duly sworn state that he is the President of Gibraltar Construction Corp having contracted with the
Owner to furnish certain materials and/or labor for a project known as Parcel 7B, Center for Performing Arts,
Amphitheater Package and owned by Carmel Theatre Development Corporation, LLC.
and does hereby further state on behalf of the aforementioned contractor:
(PARTIAL WAIVER)that there is due from the Owner the sum of
Twenty Four Thousand One Hundred Thirty Seven and 06/100 Dollars ($24,137.06)
❑ receipt of which is hereby acknowledged; or
® the payment of which has been promised as the sole consideration of this Affidavit and Partial Waiver of Lien
which is given solely with respect to said amount, and which waiver shall be effective only upon receipt of
payment thereof by the undersigned;
(FINAL WAIVER)that the final balance due from the Owner is the sum of
Dollars ( )
❑ receipt of which is hereby acknowledged; or
❑ the payment of which has been promised as the sole consideration for this Affidavit and Final Waiver
of Lien which shall become effective upon receipt of such payment.
THERFORE, the undersigned waives and releases unto the Own r of said premises, any and all lien or claim whatsoever
on the above-described property and improvements thereon acc. nt of LABOR or material or both, furnished by the
undersigned thereto, subject to limitations of conditions exprr=sse. herein, if any; and further certifies that no other party
has any claim or right to a lien on account of any work perk' e• or material furnished to the undersigned for said project,
and within the scope of this affidavit and waiver.
Gibraltar Construction Corp By T Title President
Ao
WITNESS MY HAND AND NOTORIAL SEAL, -fit'h bay of July, 2011.
(Notary Public)
a;,.=c, BRIAN R. MCBRIDE
i91g {sb ANA SUBCONTRACTORS ASSOCIATION INCORPORATED `'r Res, of Hancock County Rev linT
Unaulnor.:ed Arp+oduciron P.on,bItea My Comm. Exp, 11-29-2017
o l PN. Commission # 611862