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HomeMy WebLinkAboutAgro Chem, Inc. - De-Icing Equipment - $11,400Regions 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 De- Icing Equipment installment purchase contract Invoice IN00500589 (Agro Chem, Inc.) October 2011 $ 11,400.00 Total Authorized Disbursement $ 11,400.00 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 Bai k and Carmel Theater Development Company, LLC. Dated: /0/27 CITY OF CARMEL REDEVELOPMENT COMMISSION By: Printed: Title: Executive Director 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. AGRO CHEM, INC. 2045 S WABASH STREET WABASH, IN 46992 Phone: 800- 686 -5680 Fax: 888 - 281 -4321 www.agrochem.com Invoice Bill To CITY OF CARMEL INDIANA ONE CIVIC SQUARE CARMEL,IN 46074 Date Invoice # 10/14/2011 IN00500589 Ship To CITY OF CARMEL INDIANA 3400 WEST 131 STREET CARMEL,IN 46074 STATEMENTS SENT BI- MONTHLY - PLEASE PAY FROM INVOICE P.O. Number Rep Ship Via Terms Due Date 5 10/14/2011 OUR TRUCK NET 30 DAYS 11/13/2011 Ordered Shipped BIO Item Code Description Price Each Amount 1 1 0 5000GLS DEICE LIQUID SYSTEM 5,700.00 5,700.00 2 2 0 81438 2500 GAL VERTICAL 0.00 0.00 4 4 0 200VALVEPKG 2' TANK VALVE PACKAGE 0.00 0.00 100 100 0 D03002 2 EPDM /POLY SUCTION HOSE 0.00 0.00 4 4 0 200C FEMALE COUPLER 2'HOSE BARB 0.00 0.00 4 4 0 TC231 2' T -BOLT CLAMP 0.00 0.00 4 4 0 200CAP 2' CAP 0.00 0.00 1 1 0 234PPE51 2 POLY PUMP ELECTRIC 0.00 0.00 2 2 0 TF220 2' POLY FITTING 3 -1/4 OD 0.00 0.00 1 1 0 200F MALE ADAPTER 2' MALE THREAD 0.00 0.00 1 1 0 200F90 90 DEGREE MALE ADAPTER 2' MPT 0.00 0.00 1 1 0 999 POLY TANK - 10'X24'X2' 5,700.00 5,700.00 Total $11,400.00