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Home My WebLink AboutWALLACK SOMERS & HAAS, P.C. -001869 -4/22/2011 Transmittal Sheet Page 1 Carmel Redevelopment Comm Wallack Somers & Haas, P.C. Check: 1869 One Indiana Square Date: 4/22/2011 Suite 1500 Vendor: WALLAC01 Indianapolis, IN 46204 Prior Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt. Paid 17079 999.38 999.38 0.00 0.00 999.38 P939 17080 691.89 691.89 0.00 0.00 691.89 P941 • 17081 223.76 223.76 0.00 0.00 223.76 P11 17082 4,523.17 4,523.17 0.00 0.00 4,523.17 general matters 17083 153.76 153.76 0.00 0.00 153.76 P10 17084 377.51 377.51 0.00 0.00 377.51 P12 17085 92.50 92.50 0.00 0.00 92.50 P14 17086 215.63 215.63 0.00 0.00 215.63 P16 17087 153.76 153.76 0.00 0.00 153.76 P2 17088 138.75 138.75 0.00 0.00 138.75 P21 17089 200.01 200.01 0.00 0.00 200.01 P4 17090 2,475.64 2,475.64 0.00 0.00 2,475.64 P49 17091 5,427.54 5,427.54 0.00 0.00 5,427.54 P5 17092 76.88 76.88 0.00 0.00 76.88 P62 17094 307.50 307.50 0.00 0.00 307.50 P7B 17096 153.76 153.76 0.00 0.00 153.76 PTR 17097 3,693.78 3,693.78 0.00 0.00 3,693.78 P7C 19,905.22 19,905.22 0.00 0.00 19,905.22 Wallack Somers & Haas, P.C. March 2011 Invoices Invoice Invoice Account Date Number Number Amount Description 4/12/2011 17087 4460802 $ 153.76 P 2 17089 4460804 $ 200.01 P 4 17091 4460805 $ 5,427.54 P 5 17094 4460807 $ 307.50 P 7B 17097 4460807 $ 3,693.78 P 7C 17083 4460810 $ 153.76 P 10 17081 4460811 $ 223.76 P 11 17084 4460812 $ 377.51 P 12 17085 4460814 $ 92.50 P 14 17086 4460816 $ 215.63 P 16 17088 4460821 $ 138.75 P 21 17090 4460849 $ 2,475.64 P 49 17092 4460862 $ 76.88 P 62 17079 4460939 $ 999.38 P 939 17080 4460941 $ 691.89 P 941 Total $15,228.29 17082 8340000 $ 4,523.17 General Matters 17096 8340000 $ 153.76 PTR Total $ 4,676.93 Overall Total 19,905.22 Director of Redevelopment/xx Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter: carmparcel2 Carmel, IN 46032 Inv #: 17087 Attention: Mr. Les Olds RE: Parcel 2 FEES EXPLANATION ATTY HRS Mar-15-11 Meeting preparation;Weekly projects meeting with B. KPH 0.25 Cordingley and Pedcor projects team;Attend to Pedcor COP's,potential lenders, financing terms, and assessment amounts; Follow up conference with L. Olds and S. Sturtz; Meeting follow-up. Mar-16-11 Meeting preparation;Attend CRC executive session;Address KPH 0.25 Pedcor COP's, future phases, and increment application. Totals 0.50 Total Fees $153.76 Total Disbursements $0.00 Total Fees and Disbursements $153.76 Previous Balance $615.02 Previous Payments $615.02 Balance Due Now $153.76 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter: carmparcel4 Carmel, IN 46032 Inv #: 17089 Attention: Mr. Les Olds RE: Parcel4 FEES EXPLANATION ATTY HRS Mar-15-11 Meeting preparation; Weekly projects meeting with B. KPH 0.25 Cordingley and Pedcor projects team;Attend to Pedcor COP's,potential lenders, financing terms, and assessment amounts; Follow up conference with L. Olds and S. Sturtz; Meeting follow-up. Mar-16-11 Meeting preparation;Attend CRC executive session;Address KPH 0.25 Pedcor COP's, future phases, and increment application. Mar-23-11 Emails with counsel, re:joint stipulation of dismissal; RRW 0.25 Review same. Totals 0.75 Total Fees $200.01 Total Disbursements $0.00 Total Fees and Disbursements $200.01 Previous Balance $1,276.27 Previous Payments $1,276.27 Balance Due Now $200.01 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis,IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter: carmparcel5 Carmel,IN 46032 Inv #: 17091 Attention: Mr. Les Olds RE: Parcel 5 FEES EXPLANATION ATTY HRS Mar-08-11 Meeting preparation; Projects status meeting with J. KPH 0.50 Brainard, L. Olds, and others;Attend to Pedcor COP's, assessment amounts, and meeting with assessor; Meeting follow-up. Draft appeal covenant agreement. JRS 3.00 Mar-15-11 Meeting preparation; Weekly projects meeting with B. KPH 1.25 Cordingley and Pedcor projects team;Attend to status of street improvements, status of motorcourt improvements, Pedcor COP's, potential lenders, financing terms, assessment amounts, parking issues, and future parking facilities; Follow up conference with L. Olds and S. Sturtz;Meeting follow-up. Mar-16-11 Meeting preparation;Attend CRC executive session;Address KPH 0.75 Pedcor COP's, future phases, increment application, and parking issues. Mar-18-11 Attend to Pedcor COPs (or alternative deal structure); Calls. KPH 0.75 Mar-22-11 Attend to additional Mercantile loans and documents; KPH 1.00 Conference with J. Shoup;Attend to office use, parking supply, and parking management; Calls. Draft installment contract and Mercantile loan documents for JRS 4.25 Hanover Square improvements. Mar-24-11 Attend to additional Mercantile loans; Conference with J. KPH 0.75 Shoup; Calls and emails. Mar-29-11 Meeting preparation; Weekly projects meeting with B. KPH 0.75 Cordingley and Pcdcor projects team;Attend to proposed line KeyBank, Harris Bank, and Fifth Third financing, lender information, and motorcourt; Projects status meeting with J. Brainard, L. Olds, and others;Attend to parking,project status,and hotel status; Meeting follow-up. Mar-30-11 Attend to Pedcor COPs (or alternative deal structure); KPH 1.25 Review materials for prospective lenders; Conference call with C. Wise and J. Rush. Apr-01-11 Attend to Pedcor COPs (or alternative deal structure) and KPH 0.75 prospective lenders; Emails. Review and reply to email from M. Worthley, re: draft notice RRW 0.25 to bidders. Apr-11-11 Draft loan documents with Mercantile for I-Ianover Square JRS 2.50 improvements. Totals 17.75 Total Fees $5,427.54 Total Disbursements $0.00 Total Fees and Disbursements $5,427.54 Previous Balance $7,335.06 Previous Payments $7,335.06 Balance Due Now $5,427.54 • Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Cannel Redevelopment Commission 30 West Main Street, Suite 220 Matter:•armparcel7b Cannel, IN 46032 J Inv #: 17094 Attention: Mr. Les Olds RE: Parcel 7B FEES EXPLANATION ATTY HRS Mar-08-1 I Gather and collate executed eighth amendment documents; JRS 0.50 Prepare and attach exhibits; Prepare and execute opinions. Mar-29-11 Meeting preparation; Projects status meeting with J. KPH 0.50 Brainard, L. Olds, and others;Attend to amphitheater issues and Rotary naming; Meeting follow-up. Totals 1.00 Total Fees $307.50 Total Disbursements $0.00 Total Fees and Disbursements $307.50 Previous Balance $1,998.77 Previous Payments $1,998.77 Balance Due Now $307.50 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter:�armparcel7c Carmel, IN 46032 Inv #: 17097 Attention: Mr. Les Olds RE: Parcel 7C FEES EXPLANATION ATTY HRS Mar-07-11 Telephone call with B. Roeger, re: payment of 4CDC RRW 0.25 consultants and contractors. Mar-08-11 Meeting preparation; Weekly projects meeting with B. KPH 1.00 Cordingley and Pedcor projects team;Attend to prospective KeyBank and Harris Bank loans; Projects status meeting with J. Brainard, L. Olds, and others;Attend to City building HVAC retrofit; Meeting follow-up;Attend to Civic use issues; Conference call with A. Buroker. Gather and collate executed eighth amendment documents; JRS 0.50 Prepare and attach exhibits; Prepare and execute opinions. Telephone call with M. Worthley, re: Commission approval RRW 0.50 of amendment to 4CDC bylaws; Review energy center closing binder from N. Steinbart. Mar-15-11 Meeting preparation; Weekly projects meeting with B. KPH 0.25 Cordingley and Pedcor projects team;Attend to parking issues; meeting follow-up; Conference with R. Wilmering. Draft flowchart of energy center transaction; Discuss same RRW 2.00 with K. Haas; Email same to C.Anker, D. Bowers, and M. Lee; Telephone call with C.Anker, re: same. Mar-16-11 Meeting preparation;Attend CRC executive session;Address KPH 0.25 Brockaway Pub use issues. Telephone call with C.Anker, re: energy center proceeds; RRW 0.50 Review closing documents, re: same; Email C.Anker, D. Bowers, and M. Lee, re: same. Mar-18-11 Draft Lake City Bank loan flowchart. RRW 0.50 Mar-21-11 Review emails from J. Higgins and K. Haas, re: CRC's RRW 0.50 depository requirements; Review loan documents for same; Email J. Higgins, re: same. Mar-22-11 Attend to interest income issues;Attend to installment KPH 1.25 contract payments and lender charges;Attend to Brockaway pub, parking supply, and parking management; Calls and emails; Conference with R. Wilmering. Review and reply to emails from B. Roeger, re: KeyBank RRW 0.75 financial disclosure requirements; Review and reply to email from L. Sledge, re: agreement regarding taxes and interest; Emails with M. Worthely, re: same; Discuss same with K. Haas; Email same to W. Hammer. Mar-24-11 Telephone call with M. Worthley, re: public records request. RRW 0.25 Mar-28-11 Attend to obligations to pay CFP on-going legal fees; Calls KPH 0.25 and emails. Review and reply to email from K. Haas, re: on-going RRW 0.25 obligations to pay CFP legal fees. Mar-29-11 Meeting preparation; Weekly projects meeting with B. KPH 0.50 Cordingley and Pedcor projects team; Projects status meeting with J. Brainard, L. Olds, and others;Attend to Civic use issues and Brockaway Pub issues; Meeting follow-up. Apr-01-11 Attend to management and operations issues; Conference KPH 0.50 call with J. Stephenson. Apr-06-11 Attend to management and operations issues; Calls and KPH 0.25 emails. Apr-07-11 Attend to management and operations issues; Review notes KPH 1.75 and file; Meeting preparation; Meeting with M. Wells, J. Stephenson, and R. Wilmering; Follow up conference with J. Stephenson. Meet with M. Wells, J. Stephenson, and K. Haas, re: property RRW 0.75 management agreement. Apr-08-11 Attend to proposed Harris Bank refinancing; Calls and KPH 1.00 emails. Emails with K.Aeschliman, J. Rush and K. Haas, re: cash RRW 0.75 flows. Review and revise draft property management agreement; RRW 0.50 Email same to M. Wells and J. Stephenson. Totals 15.00 Total Fees $3,693.78 Total Disbursements $0.00 Total Fees and Disbursements $3,693.78 Previous Balance $11,625.69 Previous Payments $11,625.69 Balance Due Now $3,693.78 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter:•armparcel10 Carmel, 1N 46032 Inv #: 17083 Attention: Mr. Les Olds RE: Parcel 10 IA"to 6 n.ld FEES EXPLANATION ATTY HRS Mar-12-11 Attend to UFB reporting; Calls. KPH 0.25 Mar-15-11 Meeting preparation; Weekly projects meeting with B. KPH 0.25 Cordingley and Pedcor projects team;Attend to use easement and UFB reporting; Meeting follow-up. Totals 0.50 Total Fees $153.76 Total Disbursements $0.00 Total Fees and Disbursements $153.76 Previous Balance $276.89 Previous Payments $276.89 Balance Due Now $153.76 • Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Cannel Redevelopment Commission 30 West Main Street, Suite 220 Matter:;armparce111 Carmel, IN 46032 Inv #: 17081 Attention: Mr. Les Olds RE: Parcel 1I 4,46,0�l FEES EXPLANATION ATTY FIRS Mar-15-11 Meeting preparation; Weekly projects meeting with B. KPH 0.25 Cordingley and Pedcor projects team;Attend to Pedcor COP's,potential lenders,financing terms, and assessment amounts; Follow up conference with L. Olds and S. Sturtz; Meeting follow-up. Mar-16-11 Meeting preparation;Attend CRC executive session;Address KPH 0.25 Pedcor COP's, future phases, and increment application. Mar-29-11 Meeting preparation;Projects status meeting with J. KPH 0.25 Brainard, L. Olds, and others. Totals 0.75 Total Fees $223.76 Total Disbursements $0.00 Total Fees and Disbursements $223.76 Previous Balance $1,230.02 Previous Payments $1,230.02 Balance Due Nov $223.76 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Mattemarmparce112 Carmel, IN 46032 Inv #: 17084 Attention: Mr. Les Olds RE: Parcel 12 FEES EXPLANATION ATTY HRS Mar-08-11 Meeting preparation;Projects status meeting with J. KPH 0.50 Brainard, L. Olds, and others;Attend to parking issues and parking management agreement provisions; Meeting follow-up. Mar-15-11 Meeting preparation; Weekly projects meeting with B. KPl-1 0.25 Cordingley and Pedcor projects team;Attend to Pedcor COP's,potential lenders, financing terms, and assessment amounts; Follow up conference with L. Olds and S. Sturtz; Meeting follow-up. Mar-16-11 Meeting preparation;Attend CRC executive session;Address KPH 0.25 Pedcor COP's, future phases, and increment application. Mar-29-11 Meeting preparation; Weekly projects meeting with B. KPH 0.25 Cordingley and Pedcor projects team;Attend to parking management agreement and issues; Meeting follow-up. Totals 1.25 Total Fees $377.51 Total Disbursements $0.00 Total Fees and Disbursements $377.51 Previous Balance $768.77 Previous Payments $768.77 Balance Due Now $377.51 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter:•armparcel14 Carmel,IN 46032 Inv #: 17085 Attention: Mr. Les Olds RE: Parcel 14 FEES EXPLANATION ATTY HRS Mar-07-11 Email B. Smith, re: termination of lease; Review draft letter RRW 0.25 to Hamilton County Treasurer, re: tax exemption; Email M. Worthley,re: same. Mar-30-11 Telephone call with M. Worthley, re: BobbyJohn property RRW 0.25 taxes; Review and reply to email from M. Worthley, re: same. Totals 0.50 Total Fees $92.50 Total Disbursements $0.00 Total Fees and Disbursements $92.50 Previous Balance $925.00 Previous Payments $925.00 Balance Due Now $92.50 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter:•armparcel16 Carmel, IN 46032 Inv #: 17086 Attention: Mr. Les Olds RE: Parcel 16 FEES EXPLANATION ATTY HRS Mar-16-11 Meeting preparation;Attend CRC executive session;Address KPH 0.25 unit sale proceeds and accounting matters. Mar-18-11 Telephone call with M. Worthley, re: CRC's insurance RRW 0.25 requirements. Mar-22-11 Telephone,calls with J. McClellan, re: recorded mortgage RRW 0.25 and partial release; Email B. Olsen and K. Boren, re: same. Mar-31-11 Review declaration for restrictions on exterior alterations; RRW 0.25 Email M. Worthley, re: same. Totals 1.00 Total Fees $215.63 Total Disbursements $0.00 Total Fees and Disbursements $215.63 Previous Balance $353.75 Previous Payments $353.75 Balance Due Now $215.63 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter:•armparce121 Carmel, IN 46032 Inv #: 17088 Attention: Mr. Les Olds RE: Parcel 21 FEES EXPLANATION ATTY HRS Mar-09-11 Telephone call with M. Worthley, re: insurance requirements RRW 0.25 for Unit D. Mar-10-11 Review declarations for insurance obligations; Email M. RRW 0.25 Worthley. Apr-08-11 Telephone calls with M. Worthley, re: conveyance of Unit D; RRW 0.25 Email B. Rosenbaum,re: same. Totals 0.75 Total Fees $138.75 Total Disbursements $0.00 Total Fees and Disbursements $138.75 Previous Balance $1,463.13 Previous Payments $1,463.13 Balance Due Now $138.75 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis,IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter:;armparce149 Carmel, IN 46032 Inv #: 17090 Attention: Mr. Les Olds RE: Parcel 49 FEES EXPLANATION ATTY HRS Mar-07-11 Review revised demand letter from P. Racher; Review RRW 0.25 comments from M. Worthley;Telephone call with P. Racher, re: same. Mar-15-11 Attend to Keystone bonds; Conference call with R. KPH 0.50 McGinley. Mar-16-11 Meeting preparation; Meeting with E. Ozdemir, J. Boyewski, KPH 2.75 and W. Redman;Attend to alternative financing structure; Meeting follow-up; Meeting preparation;Attend CRC executive session;Address Keystone bond and contamination claims. Mar-17-11 Attend to Oppenheimer proposal;Review terms of same; KPH 1.50 Conference calls with R. McGinley and E. Ozdemir. Mar-18-11 Attend to Keystone bond and prospective NBI proposal; KPH 1.00 Conference call with J. Boyewski;Additional calls and emails. Mar-21-11 Review and reply to emails from M. Worthley, re: insurance RRW 0.25 obligations. Mar-25-11 Attend to Oppenheimer and NBI proposals; Compare same; KPH 0.75 Calls and emails. Mar-26-11 Attend to Oppenheimer and NBI proposals; Compare same; KPH 0.50 Calls and emails. Mar-29-11 Meeting preparation; Projects status meeting with J. KPH 0.25 Brainard, L. Olds, and others;Attend to parking management and garage security; Meeting follow-up. Apr-07-11 Attend to NBI financing proposal; Calls and emails. KPH 0.50 Totals 8.25 Total Fees $2,475.64 Total Disbursements $0.00 Total Fees and Disbursements $2,475.64 Previous Balance $2,998.78 Previous Payments $2,998.78 Balance Due Now $2,475.64 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter:•armparce162 Carmel, IN 46032 Inv #: 17092 Attention: Mr. Les Olds RE: Parcel 62 FEES EXPLANATION ATTY HRS Mar-08-11 Meeting preparation; Projects status meeting with J. KPH 0.25 Brainard, L. Olds, and others; Meeting follow-up. Totals 0.25 Total Fees $76.88 Total Disbursements $0.00 Total Fees and Disbursements $76.88 Previous Balance $0.00 Previous Payments $0.00 Balance Due Now $76.88 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Redevelopment Commission Apr 12, 2011 One Civic Square Carmel, IN 46032 Matter: carmain Inv #: 17079 Attention: Mr. Les Olds RE: Main and Meridian yq fo 0939 FEES EXPLANATION ATTY I-IRS Mar-18-11 Attend to project agreement and exhibits;Attend to closing KPH 0.50 and insurance matters; Emails. Mar-24-11 Attend to inclusions in bond costs;Attend to developer KPH 0.50 reimbursements; Emails. Mar-28-11 Attend to issuance and cost issues; Multiple emails. KPH 1.00 Mar-29-11 Meeting preparation; Projects status meeting with J. KPH 0.25 Brainard, L. Olds, and others;Attend to fee reimbursement; Meeting follow-up. Apr-07-11 Attend to closing arrangements and fees; Emails. KPH 0.50 Apr-08-11 Attend to closing arrangements and fees; Emails. KPH 0.50 Totals 3.25 Total Fees $999.38 Total Disbursements $0.00 Total Fees and Disbursements $999.38 Previous Balance $0.00 Previous Payments $0.00 Balance Due Now $999.38 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter: carmbond Carmel, IN 46032 Inv #: 17080 Attention: Mr. Les Olds RE: 116th and Guilford Nq/- H� FEES EXPLANATION ATTY HRS Mar-07-11 Attend to transaction status; Multiple emails. KPI1 0.50 Mar-14-11 Attend to questions from E. Seidensticker, re: PILOT KPH 0.50 agreements and appeals limitations; Memo and email, re: same;Additional emails. Mar-24-11 Attend to developer reimbursements; Emails. KPH 0.25 Mar-25-11 Attend to completion and assessment commitments; Emails. KPH 0.25 Apr-08-11 Attend to closing arrangements and fees; Emails. KPH 0.50 Apr-11-11 Attend to email, re: status of project agreement and PILOT. JRS 0.25 Totals 2.25 Total Fees $691.89 Total Disbursements $0.00 Total Fees and Disbursements $691.89 Previous Balance $3,382.51 Previous Payments $3,382.51 Balance Due Now $691.89 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Cannel Redevelopment Commission Apr 12, 2011 One Civic Square Carmel, IN 46032 Matter: carmisc Inv #: 17082 Attention: Mr. Les Olds RE: General Matters t47�0000 FEES EXPLANATION ATTY HRS Mar-08-11 Meeting preparation; Weekly projects meeting with B. KPH 1.50 Cordingley and Pedcor projects team; Attend to Mercantile line of credit increase and updated Umbaugh report; Projects status meeting with J. Brainard, L. Olds, and others;Attend to Mercantile line of credit increase and new CRC committees; Meeting follow-up;Attend to meeting agenda, CRC fund deposits, and retainage; Emails. Attend to financing-related organizational matters, including JRS 1.25 scanning and sending out various closing documents. Review and reply to email from M. Worthley, re: draft RRW 0.25 La7Jara license. Mar-09-11 Attend to financing flow charts; Conference with R. KPI-i 0.75 Wilmering;Attend to administrative matters. Telephone call with M. Worthley, re: Lazarra license; Revise RRW 0.50 same; Email same to M. Worthley; Conference with K. Haas. Mar-10-11 Attend to connection between CRC and 4CDC;Attend to KPH 1.25 overall CRC financing interest rates;Attend to planned financings; Extended status memo and email to L. Matthes; Calls and emails. Mar-14-11 Review and reply to email from M. Worthley, re: adoption of RRW 0.50 City capital asset policy; Review City ordinance, re: same; Review and revise draft motions for commission meeting; Email M. Worthley,re: same. Mar-16-11 Attend to financial matters, loan explanations, and lender KPH 1.25 disclosure; Meeting preparation;Attend CRC executive session and regular meeting;Address financing structures, explanations, and disclosures;Address 4CDC bylaws amendment; Conference with R. Wilmering; Emails. Draft resolution approving amendment to 4CDC bylaws; RRW 0.50 Conerence with K. Haas. Mar-17-11 Attend to financial and auditing materials for prospective KPH 1.00 lenders; Conference with R. Wilmering; Calls and emails. Discuss LCB loan documents and covenants with K. Haas; RRW 0.50 Email R. Taylor, re: same; Discuss 4CDC board meeting with K. Maas; Review and reply to email from M. Lentz, re: same. Mar-18-11 Draft organizational chart of CRC loan entities; "Telephone RRW 1.00 call with M. Worthley, re: patio licenses; Review and reply to email from M. Worthley, re: same. Mar-21-11 Attend to CRC bank deposit requirements; Calls and emails. KPH 0.50 Review emails with M. Worthley and C. Lazarra, re: license RRW 0.75 agreement; Telephone call with M. Worthley, re: same; Draft loan entities organizational charts. Mar-24-11 Attend to administrative matters;Attend to proposed lines of KPH 0.75 credit; Calls and emails. Review and revise draft Speck services agreement; Email RRW 0.50 same to M. Worthley. Mar-25-11 Attend to administrative issues; Calls. KPH 0.25 Mar-28-11 Attend to information requests and administrative issues; KPH 0.25 Emails. Review email from M. Worthley, re: Lazarra license; Revise RRW 0.25 same; Email same to M. Worthley. Mar-29-11 Meeting preparation; Weekly projects meeting with B. KPH 1.00 Cordingley and Pedcor projects team;Attend to proposed Marine Bank line of credit; Projects status meeting with J. Brainard, L. Olds, and others;Attend to SB 550, EDC condemnation, Legacy and Gramercy status, information requests, and line of credit; Meeting follow-up. Review email from M. Worthley, re: resolutions and motions RRW 0.25 for commission meeting; Review and revise draft motions; Email same to M. Worthley. Mar-30-11 Attend to administrative matters. KPH 0.25 Mar-31-11 Telephone call with M. Lentz, re: form performance contract. RRW 0.25 Apr-05-11 Review and reply to email from M. Lentz, re: Dave Dugan RRW 0.25 performance agreement. Apr-07-11 Attend to administrative matters;Attend to insurance issues; KPH 0.50 Calls and emails. Review draft minutes and agenda; Email M. Lentz, re: same. RRW 0.25 Meet with M. Wells, J. Stephenson, and K. Haas, re: property management agreement. Apr-08-11 Attend to CRC financial and audit information; Emails. KPH 0.75 Totals 17.00 Total Fees $4,523.17 Total Disbursements $0.00 Total Fees and Disbursements $4,523.17 Previous Balance $12,861.31 Previous Payments $12,861.31 Balance Due Now $4,523.17 Wallack Somers & Haas, P.C. One Indiana Square Suite 1500 Indianapolis, IN 46204 Phone: 317/231-9000 Fax: 317/231-9900 City of Carmel Apr 12, 2011 Carmel Redevelopment Commission 30 West Main Street, Suite 220 Matter: carmparty Carmel, IN 46032 Inv #: 17096 Attention: Mr. Les Olds RE: PTR FEES EXPLANATION ATTY HRS Mar-08-11 Meeting preparation; Projects status meeting with J. KPH 0.25 Brainard, L. Olds, and others; Meeting follow-up. Mar-29-11 Meeting preparation; Projects status meeting with J. KPH 0.25 Brainard, L. Olds, and others;Attend to purchase and financing terms; Meeting follow-up. Totals 0.50 Total Fees $153.76 Total Disbursements $0.00 Total Fees and Disbursements $153.76 Previous Balance $46.25 Previous Payments $46.25 Balance Due Now $153.76