HomeMy WebLinkAboutPiano Solutions - $23,880 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
Musical Equipment installment purchase contract
Invoice NW-26501 (Piano Solutions) June 2011 $ 3,980.00
Invoice HW-26575(Piano Solutions) July 2011 $ 19,900.00
Total Authorized Disbursement $ 23,880.00
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: 7 1c,/i( CITY OF CARMEL REDEVELOPMENT
COMMISS ON
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.
Piano Solutions Invoice
290 West Carmel Dr.
Cannel, IN 46032 DATE INVOICE#
317.582.1946 317.582.0146 FAX 6/26/2011 HW-26501
BILL TO SHIP TO
Carmel Theatre Developement Corp. Cannel Theatre Developement Corp.
11711 North Pennsylvania St.,Ste 200 11711 North Pennsylvania St.,Ste 200
Cannel,Indiana 46032 Carmel,Indiana 46032
The Tarkington Theatre- Jeff Sporleder The Tarkington Theatre- Jeff Sporleder
P.O. NUMBER TERMS REP SHIP VIA F.O.B. PROJECT
476880 Due on receipt GMD 6/26/2011 PianoSolutions
QTY ITEM CODE DESCRIPTION PRICE EACH AMOUNT
1 UST9 SB 54864... UST9 SB 54864 Kawai Vertical 54864 Vertical 3,980.00 3,980.00T
-
Kawai UST9 SB Vertical Piano
SN:54864-New
Tax item used for transactions created in QuickBooks 0.00% 0.00
POS
Total $3,980.00
Payments/Credits $000
Balance Due $3,980.00
Piano Solutions invoice
290 West Cannel Dr.
Cannel, IN 46032 DATE INVOICE#
317.582.1946 317.582.0146 FAX 7/14/2011 HW-26575
BILL TO SHIP TO
Cannel Theatre Developement Corp. Cannel Theatre Developement Corp.
11711 North Pennsylvania St.,Ste 200 11711 North Pennsylvania St.,Ste 200
Cannel,Indiana 46032 Carmel,Indiana 46032
The Tarkington Theatre- Jeff Sporleder The Tarkington Theatre- Jeff Sporleder
P.O.NUMBER TERMS REP SHIP VIA F.O.B. PROJECT
476880 Due on receipt GMD 7/14/2011 PianoSolutions
QTY ITEM CODE DESCRIPTION PRICE EACH AMOUNT
1 UST9 SC 057897... UST9 SC 057897 KAwai Studio 57897 UST9 SC Stud 3,980.00 3,980.00T
UST9 SC 057897 KAwai Studio
SOLD The Tarkingtin Theatre/Palladium 6%off
SER#
1 UST9 SC 057895... UST9 SC 057895 Kawai Studio 00057895 UST9 Studio 3,980.00 3,980.00T
UST9 SC Satin Cherry
SER# 00057895 Kawai Studio w/BEnch
SOLD the Tarkin
1 UST9 SC 000579... UST9 SC 00057903 Kawai Studio 057903 UST9SC 3,980.00 3,980.00T
Studi
UST9 SC 057897 KAwai Studio
SOLD The Tarkingtin Theatre/Palladium 6%off
S
1 UST9 SC 062427... UST9 SC 062427 Kawai Studio 00062427 UST9SC 3,980.00 3,980.00T
Studi
UST9 SC 062427 Satin Cherry KAwai Studio w/bench
Sold to the Tarkington/Pa
1 UST9 SC 062426... UST9 SC 062426 KAwai Studio 62426 UST9 KAWAI 3,980.00 3,980.00T
UST9 SC 062426 satin Cherry KAwai Studio w/bench
Sold to the Tarkington/Palladi
Tax item used for transactions created in QuickBooks 0.00% 0.00
POS
Total $19,900.00
Payments/Credits moo
Balance Due $19,900.00