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HomeMy WebLinkAboutVILLAGE FINANCIAL, LLC- 003332- 11/16/2012 CARMEL REDEVELOPMENT COMMISSION 0 0 3 3 3 2
Village Financial, LLC Check: 3332
One Pedcor Square Date: 11/16/2012
770 3rd Ave. SW Vendor: VILLFII
Carmel, IN 46032
Prior
Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt. Paid
120112 201,611.83 201,611.83 0.00 0.00 201,611.83
December2012 expense
201,611.83 201,611.83 0.00 0.00 201,611.83
«. i- THE tyo-c DOCOMEMTSECURITY±HE�ITACTd,VA'GEDs MBPR1N irien0A1A FR RITYftcec RES dj1iiDED•SEETACK F,oR DETAILS
"ts��fsc Carmel Redevelopment Commission __ ..0
ti 30 West Main Street REGIONS 003332
} PI 20-1421/740
Suite 220
`YRME`.' Carmel, IN 46032
sralc
3332
DATE AMOUNT
11/16/2012 *******201,611.83
PAY THE SUM OF TWO HUNDRED ONE THOUSAND SIX HUNDRED ELEVEN DOLLARS AND 83 CENTS **********
TO THE
ORDER
OF Village Financial, LLC
One Pedcor Square
4Pt SENSi
770 3rd Ave. SW hP
Carmel, IN 46032
00333 2" 1:0740 L4 2 L3': 00E1 504 L L LH°
CARMEL REDEVELOPMENT COMMISSION 003332
Village Financial, LLC Check: 3332
One Pedcor Square Date: 11/16/2012
770 3rd Ave. SW Vendor: VILLFII
Carmel, IN 46032
Prior
Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt. Paid
120112 201,611.83 201,611.83 0.00 0.00 201,611.83
December2012 expense
201,611.83 201,611.83 0.00 0.00 201,611.83
K-11-52 COMPUTEREASE FORMS DIVISION(877)577-5791 T-71771
VILLAGE FINANCIAL,LLC
One Pedcor Square
770 3rd Ave. SW
Carmel,Indiana 46032
October 15, 2012
The City of Carmel Redevelopment Commission
Attention: Les Olds
INVOICE
Due: December 1, 2012
Charge Date Item Amount
12/1/2012 Administrative Fee to Village Financial $6,008.14
12/1/2012 Projected Installment Purchase Obligation $195,593.73
Adjusted Quarterly Fee to Mercantile Bank
Offset Adjustment $9.96
Total Amount Due $201,611.83
Please make payment for Installment Purchase Obligation and Administrative Fee payable to Village
Financial and send to Dolores Krohne at the following address: 1p
Village Financial
Attn: Dolores Krohne
One Pedcor Square
770 3rd Ave. SW
Carmel, Indiana 46032
M:\MS\BANKS\PedBancEmployees\Michael\VF PAC Loans\Mercantile\Projection Notice\Projection Notice
Projection Notice Backup to CRC
PAC Equipment Loans
Fourth Quarter 2012
October 15,2012
Payment Due Date:December 1,2012
Beginning Date Ending Date
Dates 09/01/12 11/30/12
Administrative Fee Rate(to Village Financial) 0.06%
Floor I M Libor+375bp
I Interest Rate(Man between Floor and 151 Libor+375bp) 4.75%
Projected Quarterly Fee Rate Ito Lender) 1.18750% 0.00000%
Loan Original Contract Amount Modified Amount Past Disbursements New Disbursements Remaining Balance
MC Equipment $7,515,800.00 $7,213,652.04 $7,197,638.85 $0.00 516,013.19
PAC Sound Eqp $1,649,004.00 $1,649,084.00 51,599,588.00 $14,116.69 $35,379.31
PAC Fixed Seating $835,196.00 $795,958.35 $769,978.35 $0.00 $25,980.00
PAC Hanover Square $0.00 $341,305.61 $331,600.00 $0.00 $9,705.61
PAC Equipment
Date Description Amount N of Days
8/31/09 Fully Fund Loan $7,515,800.00 91
5/1/11 Hanover Square Adjustment 1$302.147.90 91
Advanced Funds $7,213,652.04
Unamortized Balance $6.934,513.62
Administrative Fee $4,334.07
Projected Interest $83,262.32
Projected Principal $57,832.20 'see attached sheet
Adjusted Quarterly Fee $0.00
Total Due $145,428.59
PAC Sound Eqp
Date Description Amount 19 of Days
8/31/09 Payment fee to Village Financial $100,000.00 91
8/31/09 Lender fees and loan costs 5119.500.00 91
8/31/09 Fully Fund Loan $1,429,504.00 91
5/1/11 Hanover Square Adjustment 580.00 91
Advanced Funds $1.649.084.00
Unamortized Balance $1.585.271.29
Administrative Fee $990.79
Projected Interest $19,034.26
Projected Principal $13220.79 'see attached sheet
Adjusted Quarterly Fee $0.00
Total Due $33,245.83
PAC Fined Seating
Date Description Amount of Days
8/31/09 Fully Fund Loan $835,196.00 91
5/1/11 Hanover Square Adjustment (539.2_37.051 91
Advanced Funds 5795.958.35
Unamortized Balance $765,158.06
Administrative Fee $478.22
Projected Interest $9,187.21
Projected Principal $6,381.24 .see attached sheet
Adjusted Quarterly Fee $0.00
Total Due $16,046.67
PAC Hanover Square
Date-.: . • -Description Amount 4 of Days Projected Interest
5/1/11 Fully Fund Loan $341,305.61 91
Unamortized Balance $328,098.50
Administrative Fee $205.06
Projected Interest $3,939.46
Projected Principal $2,736.26 °see attached sheet
Adjusted Quarterly Fee $0.00
Total Due $6,880.78•
Total Administrative Fee $6,008.14
Total Projected Interest $115,423.25
Total Project Principal $80,170.48
Total Adjusted Quarterly Fee $0.00
Offset Adjustment $9.96
TOTAL DUE 12/12012 5201,611.83
Calculation Key
Administrative Fee(To Village Financial):Loan Balance•Projected Administrative Fee Rate
Adjusted Quarterly Fee(To Lender):Projected Quarterly Fee Rate"Advanced Funds-Accrued Interest
M:.MS\BANKSIPedBancEmployeeslMichael\VF PAC LoansOAercantle'Projection NonoelVillage Financial Equipment Loans
Scheduled Principal Payments-Mercantile Bank
PAC Equipment Sound Fixed Seating Hanover Square Total
Rate 4.75% 4.75% 4.75% 4.75%
Amount $7,213,652.04 $1,649,084.00 $795,958.35 $341,305.61 $10,000,000.00
9/1/2011 $54,517.43 $12,463.01 $6,015.48 $2,579.43 $75,575.35
12/1/2011 $55,164.82 $12,611.01 $6,086.92 $2,610.06 $76,472.81
3/1/2012 $55,819.91 $12,760.76 $6,159.20 $2,641.05 $77,380.92
6/1/2012 $56,482.77 $12,912.30 $6,232.34 $2,672.42 $78,299.82
9/1/2012 $57,153.50 $13,065.63 $6,306.35 $2,704.15 $79,229.63
12/1/2012 $57,832.20 $13,220.79 $6,381.24 $2,736.26 $80,170.48
3/1/2013 $58,518.95 $13,377.78 $6,457.01 $2,768.76 $81,122.51
6/1/2013 $59,213.87 $13,536.64 $6,533.69 $2,801.64 $82,085.84
9/1/2013 $59,917.03 $13,697.39 $6,611.28 $2,834.91 $83,060.61
12/1/2013 $60,628.55 $13,860.05 $6,689.79 $2,868.57 $84,046.95
3/1/2014 $61,348.51 $14,024.64 $6,769.23 $2,902.63 $85,045.01
6/1/2014 $62,077.02 $14,191.18 $6,849.61 $2,937.10 $86,054.92
9/1/2014 $62,814.19 $14,359.70 $6,930.95 $2,971.98 $87,076.82
12/1/2014 $63,560.11 $14,530.22 $7,013.26 $3,007.27 $88,110.86
3/1/2015 $64,314.88 $14,702.77 $7,096.54 $3,042.98 $89,157.17
6/1/2015 $65,078.62 $14,877.36 $7,180.81 $3,079.12 $90,215.92
9/1/2015 $65,851.43 $15,054.03 $7,266.08 $3,115.68 $91,287.23
12/1/2015 $66,633.42 $15,232.80 $7,352.37 $3,152.68 $92,371.27
3/1/2016 $67,424.69 $15,413.69 $7,439.68 $3,190.12 $93,468.17
6/1/2016 $6,059,300.14 $1,385,192.25 $668,586.52 $286,688.78 $8,399,767.70
End Bal $0.00 $0.00 $0.00 $0.00 $0.00
Unamortized Balance-Mercantile Bank
PAC Equipment Sound Fixed Seating Hanover Square Total
After:
40695 $7,213,652.04 $1,649,084.00 $795,958.35 $341,305.61 $10,000,000.00
9/1/2011 $7,159,134.61 $1,636,620.99 $789,942.87 $338,726.18 $9,924,424.65
12/1/2011 $7,103,969.79 $1,624,009.98 $783,855.95 $336,116.12 $9,847,951.84
3/1/2012 $7,048,149.88 $1,611,249.22 $777,696.75 $333,475.07 $9,770,570.92
6/1/2012 $6,991,667.12 $1,598,336.92 $771,464.41 $330,802.65 $9,692,271.10
9/1/2012 $6,934,513.62 $1,585,271.29 $765,158.06 $328,098.50 $9,613,041.46
12/1/2012 $6,876,681.42 $1,572,050.50 $758,776.83 $325,362.23 $9,532,870.98
3/1/2013 $6,818,162.47 $1,558,672.72 $752,319.81 $322,593.48 $9,451,748.47
6/1/2013 $6,758,948.60 $1,545,136.07 $745,786.12 $319,791.84 $9,369,662.63
9/1/2013 $6,699,031.57 $1,531,438.68 $739,174.84 $316,956.94 $9,286,602.03
12/1/2013 $6,638,403.02 $1,517,578.63 $732,485.06 $314,088.37 $9,202,555.08
3/1/2014 $6,577,054.51 $1,503,554.00 $725,715.83 $311,185.73 $9,117,510.07
6/1/2014 $6,514,977.48 $1,489,362.82 $718,866.21 $308,248.63 $9,031,455.15
9/1/2014 $6,452,163.30 $1,475,003.12 $711,935.26 $305,276.65 $8,944,378.33
12/1/2014 $6,388,603.19 $1,460,472.90 $704,922.00 $302,269.38 $8,856,267.47
3/1/2015 $6,324,288.30 $1,445,770.13 $697,825.46 $299,226.39 $8,767,110.29
6/1/2015 $6,259,209.68 $1,430,892.77 $690,644.65 $296,147.27 $8,676,894.38
9/1/2015 $6,193,358.25 $1,415,838.74 $683,378.57 $293,031.59 $8,585,607.15
12/1/2015 $6,126,724.83 $1,400,605.94 $676,026.20 $289,878.91 $8,493,235.88
3/1/2016 $6,059,300.14 $1,385,192.25 $668,586.52 $286,688.78 $8,399,767.70
6/1/2016 $0.00 $0.00 $0.00 $0.00 $0.00
Village Financial, LLC
Offset Account Summary
Due Date Account From City To Bank Difference
9/1/12 PAC Equimpment $142,002.48 $142,009.66 ($7.18)
Sound Equipment $32,462.60 $32,464.26 ($1.66)
Fixed Seating $15,668.64 $15,669.42 ($0.78)
HIS $6,718.68 $6,719.02 ($0.34)
$196,852.40 $196,862.36 ($9.96)
M:\MS\BANKS\PedBancEmployees\Michael\VF PAC Loans\Mercantile\Projection Notice\Village Financial
Equipment Loans
Prescribed by State Board of Accounts City Form No.201(Rev.1995)
ACCOUNTS PAYABLE VOUCHER
CITY OF CARMEL
An invoice or bill to be properly itemized must show: kind of service, where performed, dates service rendered, by
whom, rates per day, number of hours, rate per hour, number of units, price per unit, etc.
Payee
r �r< ` /
L c u y Purchase Order No.
(9
r?0, /"61-101 SCtt/gra
7 7v 3r- 5 Sri' Terms
/ /4.) "G 3` Date Due
Invoice Invoice Description Amount
Date Number (or
I note attached invoice(s) or bill(s))
/6/51-12 /i /2 /4//-77,h v 1,7447.= / ay o e.. y
/9//,2-/e/ /
06;603,69
Total 207 6//-cf-3
I hereby certify that the attached invoice(s), or bill(s), is (are)true and correct and I have audited same in accor-
dance with IC 5-11-10-1.6.
IL-1,$ , 20 ( �
- reasurer
VOUCHER NO. WARRANT NO.
ALLOWED 20
X561 J �` IN SUM OF $
��, �
7 3/L- J S
$ 20/, a('/- a23
ON ACCOUNT OF APPROPRIATION FOR
L
Board Members
PO#or INVOICE NO. ACCT#!TITLE AMOUNT
DEPT.# I hereby certify that the attached invoice(s),
9e72. /? c ( /2 W60,2 6 006;72/ or bill(s) is (are) true and correct and that
12- // jZ `/4'b0921.1, i9,s,( 5.6, the materials or services itemized thereon
for which charge is made were ordered and
received except
/D -25-20 12
1C2W'
Signature
Executive Director
Title
Cost distribution ledger classification if Carmel Redevelopment Commission
claim paid motor vehicle highway fund