The URL can be used to link to this page

Home My WebLink AboutGibraltar - Motor Court Exterior Wall - $99,005 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 Motor Court Exterior Wall installment purchase contract Application 2(Gibraltar) November 2011 $ 99,005.00 Total Authorized Disbursement $ 99,005.00 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: 1/5-72 CITY OF CARMEL REDEVELOPMENT COMMISSION IC-TX/ 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. Motor Court Exterior Wall (Gibraltar Construction) October 2011 Application 1 Paid by Carmel Theater Development $ 39,645.00 November 2011 Application 2 Amount to be paid by Carmel Theater Development $ 99,005.00 1:__ • . 5k Document G732 TM - 2009 Application and Certificate for Payment, Construction Manager as Adviser Edition TO OWNERrmel Theater Development Company PROJECT: Motor Court P112 Veneer APPLICATION NO: 2 DISTRIBUTION TO: 11711 North Pennsylvania Street,Suite 200 OWNER Carmel,IN 46032" PERIOD TO: 11/30/11 CONSTRUCTION MANAGER FROM Gibraltar Construction Corp VIA CONSTRUCTION CONTRACT DATE; 715111 ARCHITECT CONTRACTOR: 2932 N.Webster Ave. MANAGER: PROJECT NOS: / / CONTRACTOR Indianapolis,IN 46219 FIELD CONTRACT FORMotor Court P112 VIA ARCHITECT: Pedcor Design Group OTHER CONTRACTOR'S APPLICATION FOR PAYMENT The undersigned Contractor c: ifies that to the best of the Contractor's knowledge,information and belief the Work covered by thi ,pplication for Payment has been completed in accordance with the Application is made for payment,as shown below,in connection with the Contract. Contract Documents,that:11 a stints have been paid by the Contractor for Work for which previous AlA Document G703T7`1,Continuation Sheet,is attached. Certificates for Payment ere i•:ued and payments received from the Owner,and that current payment 1.ORIGINAL CONTRACT SUM S 201,000.00 shown herein is now d// A A 2.NET CHANGES IN THE WORK $ 0.00 CONTRACTOR: Gi. r struction Corp 3.CONTRACT SUM TO DATE(Line./f 2) $ 201 000,00 By: //fit. I Date: /7—/-7i if 4.TOTAL COMPLETED AND STORED TO DATE(Column G on G703) $ 151,950.00 State of / 171 5.RETAINAGE: County of: x ,,-,,./ B MCBRunt �4' cock County a. %of Completed Work : Subscribed a . before (Column D+Eon G703) .: $ 10050,00 me this ', day o I° 241 �` *�My Comm. F_x . 11-29 2017 b. %of Stored Material No . --= vs D I�� Commission. # 511862 (Column.:F:on G703) $ My Commission expires::fj!�0j�/7 Total Retainage(Lines 5a+5b,or Total in Column Ion G703) $ CERTIFICATE_FOR PAYMENT 6.TOTAL EARNED LESS RETAINAGE S .141,900.00 In accordance with the Contract Documents,based on evaluations of the Work and the data comprising (Line 4 minus Line 5 Total) this application,the Construction Manager and Architect certify to the Owner that to the best of their 7.LESS PREVIOUS CERTIFICATES FOR PAYMENT 39,645.00 knowledge,information and belief the Work has progressed as indicated,the quality of the Work is in (Line 6 from prior Cert f cote) accordance with the Contract Documents,and the Contractor is entitled to payment of the AMOUNT B.CURRENT PAYMENT DUE $ CERTIFIED.402.:25, 570cr 9.BALANCE TO FINISH,INCLUDING RETAINAGE • a V>,009.00 AMOUNT CERTIFIED $ /Dar?js. 6111 OW (Attach explanation if amount certified differs from the amount applied.Initial all figures on this (Line 3 minus Line 6) $ 59,100.00 Application and on the Continuation Sheet that are changed to conform with the amount certified.) CONSTRUCTION MA ature Construction LLC By: Date: ill / SUMMARY OF CHANGES IN THE WORK ADDITIONS DEDUCTIONS ARCHITEC :(2 -.1 Multiple ' e Contractors.are responsible for performating portions ofthe Total changes approved in previous months by Owner S $ Project, th .r.tiled i-rtificanon is not required) Total approved this month;meinding Construction Change By a -1 \ I}ate: \\J2-2 ' Directives ';. S S This Certifica -i.not n=.O iabie The'AMOUNT CERTIFIED is paya e only t,the"Contractor named TOTALS S S herein.Issuam e,payment and acceptance of payment are without prej dice to driy rights of the Owner NET CHANGES IN THE WORK $ or Contract. rider this Contract. CAUTION:You should sign an original AIA Contract Document,on which this text appears in RED.An original assures that changes will not be obscured. AIA Document 6732"'—2009(formerly G702"'CMa—1992).Copyright a 1992 and 2009 by The American Institute of Architects.All rights reserved.WARNING:This Ale Document is protected by U.S.Copyright Law and International Treaties.Unauthorized reproduction or distribution of this Ale Document,or any portion of it,may result in severe civil y„, 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 Con ct 016cuments,e-mail The American Institute of Architects'legal counsel,copyright aia.org. 4&___. i106 & VC=: 'r I, c 2. CONTINUATION SHEET Page 2 oft APPLICATION NO.: 2 APPLICATION AND CERTIFICATE FOR PAYMENT,containing Contractor's signed Certification,is APPLICATION DATE: 11/30/2011 attached. In tabulations below,amounts are stated to the nearest dollar. Use Column I on Contracts where PERIOD TO: 11/30/2011 variable retainage for line items may apply. ARCHITECT'S PROJECT NO. : A B C D E F G H I WORK COMPLETED MATERIALS TOTAL ITEM FROM PREVIOUS PRESENTLY COMPLETED AND BALANCE TO RETAINAGE NO. DESCRIPTION OF WORK SCHEDULED VALUE APPLICATION THIS PERIOD STORED(NOT IN STORED TO DATE (G 1 C) FINISH (IF VARIABLE (D+E) D OR E) (D+E+F) (C-G) RATE) r 1 Allowance $25,000.00 $0.00 0% 25,000.00 2 Mobilization $8,500.00 $4,500.00 $4,000.00 $8,500.00 100% - 3 Submittals-Base Bid $13,550.00 $11,550.00 $2,000.00 $13,550.00 100% - 4 Earth Moving $3,000.00 $0.00 0% 3,000.00 5 Lawns and Grasses $1,100.00 $0.00 0% 1,100.00 6 Masonry $124,500.00 $28,000.00 $78,435.00 $106,435.00 85% 18,065.00 10,050.00 7 Electrical $18,850.00 $16,965.00 $16,965.00 90% 1,885.00 8 Joint Sealants/Waterproofing $6,500.00 -$6500.0 -$6;609:0G XA% - 111.47.41 &RA ,li'iLIiLO $201,000.00 $44,050.00 $107,900.00 $0.00 $151,950.00 76% $49,050.00 $10,050.00 t ISA Form# 1-402 I4 4, ,t. ' 1 i AFFIDAVIT AND WAIVER OF LIEN ❑ FINAL ® PARTIAL ® PAYMENT TO FOLLOW State of Indiana,County of Marlon, 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 Motor Court P112 Veneer and owned by Carmel Theater Development Company and does hereby further state on behalf of the aforementioned contractor: (PARTIAL WAIVER)that there is due from the Owner the sum of One Hundred Two Thousand Two Hundred Fifty Five and----------No/100 Dollars ($102,255.00) ❑ 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 El the payment of which has been promised as t': sole consideration for this Affidavit and Final Waiver of Lien which shall become effective upon rec. •t of such payment. THERFORE, the undersigned waives and releases unto th= Owner of said premises, any and all lien or claim whatsoever on the above-described property and improvements thereo• -ccount of LABOR or material or both,furnished by the undersigned thereto, subject to limitations of conditio exp.:ssed herein, if any; and further certifies that no other party has any claim or right to a lien on account of any wor� 'ed..med or material furnished to the undersigned for said project, and within the scope of this affidavit and waiver. Gibraltar Construction Corp By ;/al. Title President r WITNESS MY HAND AND NOTORIAL S� i th of ovember, 2011. (Notary Public) <':' BRIAN R. MCBRIDE Res. o "' Hancock County c 1979 INQIALNA SU;CONTRACTORS AISOC1ADON INCQ111041MID * * Rev Un.u*Nea't.4 R.weevetro"heAPeiva My Comm. Exp. 11-29-2017 o r�.<' Commission # 611862