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Home My WebLink AboutUMBAUGH- 001410- 11/18/2010 CARMEL REDEVELOPMENT COMMISSION 001410 Umbaugh Check: 1410 20 E 91st Street, Suite 100 Date: 11/18/2010 Indianapolis, IN 46240-0458 . Vendor: UMBAUGO1 Prior Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt. Paid 123123 2,092.05 2,092.05 0.00 0.00 2,092.05 professional services _ ' 2,092.05 2,092.05 0.00 0.00 2,092.05 p'5 °Esr�a Carmel Redevelopment Commission . 00.1410 30 West Main Street REGIONS Suite 220 20.14211/40 11740 c.R"E` orsral�t Carmel;IN 46032 • - - • • • 1410 • DATE AMOUNT 11/18/2010 "its: 717'2,092.05 PAY THE SUM OF TWO THOUSAND NINETY TWO DOLLARS AND 05 CENTS, . . TO THE ORDER . , . of Umbaugh. , • . • 20 E 91st Street, Suite 100 .,5E.., Indianapolis, IN 46240-0458. ,,. 1'4.44 iC "00 IL •O""• 1:0740 LI, 2131: 00875041 I, LH' CARMEL REDEVELOPMENT COMMISSION • 001410 Umbaugh Check: 1410 20 E 91st Street, Suite 100 Date: 11/18/2010 Indianapolis, IN 46240-0458 Vendor: UMBAUGO1 Prior Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt..Paic 123123 2,092.05 2,092.05 0.00 0.00 2,092.0.` professional services _ 2,092.05 2,092.05 0.00 0.00 2,092.0: • • fat . H. J. Umbaugh & Associates Certified Public Accountants, LLP 8365 Keystone Crossing, Suite 300 P.O. Box 40458 Indianapolis, IN 46240-0458 (317) 465-1500 Mr Les Olds Cannel Redevelopment Commission 111 West Main Street, Suite 140 Carmel, IN 46032 Invoice No, 123123 Date 10/14/2010 Client No. C00600 For professional services for Cash Advisory Services rendered in accordance with the Engagement Letter dated August 8, 2005. 2005 PAC Bond Interest Account $ 44.55 2005 PAC Debt Service Reserve Fund 2,047.50 Current Amount Due $. 2 09?05 See attached for detail of fees. Director of Redevelopment% 3 `/U 300 Carmel Redevelopment Authority Performing Arts Center 2005 Bonds Cash Advisory Services Quarterly Fee Calculation Detail of 3rd Quarter 2010 Z005 PAC Bond Interest Account Average Date Principal Balance Fee* 7/31/2010 S 1,336369 $ 44.55 $ 44.55 *Fee charged only through final security maturity in account(July 12, 2010). X005 PAC Debt Service Reserve Fund Average Date Principal Balance Fee 7/31/2010 $ 8.190,000 $ 682.50 8/31/2010 8.190,000 682.50 9/30/20 I 0 8190,000 682.50 $ 2,047.50 Total Fee for Period Ending September 30, 2010: $ 2,092.05 e ��----- Umbaugh Cash Advisory Services,LLC 8365 Keystone Crossing W II' r Suite 300 P.O.Box 40458 I e Indianapolis,IN 462400458 ^ Phone:317465-1500 L/ Fax:317-465-1550 IRall About LMrenLnce. October 15, 2010 Mr. Les Olds Carmel Redevelopment Commission I 1 1 West Main Street, Suite 140 Carmel, IN 46032 Re: Quarterly Summary Statements for Carmel Redevelopment Performing Arts Center Project Series 2005 Bonds Dear Mr. Olds: Attached please find our Cash Advisory Services quarterly summary statements for the period ending September 30, 2010. Please note the statements are a summary of activity and investments in The Bank of New York Mellon Trust Company, N.A. trust accounts, which include interest earned and expenditures for the quarter. They also include a summary of investments held in the accounts as of September 30, 2010. In preparing our summary, we have relied on the accuracy and reliability of information provided by the trustee for the Bonds, The Bank of New York Mellon Trust Company, N.A. We have not audited, examined or reviewed the information and express no assurance on it. The attached summiary statements are intended solely for the information and use of management, and are not intended to be and should not be used by anyone other than management. We have also attached our quarterly fee bill for these accounts. We appreciate the opportunity to serve you and thank the individuals in your organization for their cooperation. If you have any questions, please do not hesitate to call me at 317-465-1531. Very truly your, Uiv .AUGI-1 Jet' rev . Messer JAM/eeb Enclosures City of Carmel Redevelopment Authority Series 2005 Bonds Performing Arts Center Project Activity and Fund Balance Summary - Unaudited Account Name: Bond Interest Account Trust Account: The Bank of New York Mellon #765413 For Period Ending: September 30, 2010 Activity Date Interest Income' Disbursements Other Withdrawals Other Receipts Balance 06/30/10 $ 1,336,369.19 07/31/10 $ 53,626.31 $ - $ - $ - 1,389,995.50 08/31/10 14.07 1,295,000.00 - - 95,009.57 09/30/10 2.00 - - - 95,011.57 Totals $ 53,642.38 $ 1,295,000.00 $ - $ - $ 95,011.57 1. Interest Income is reported on a cash basis and as such does not include accrued income on investments. Also,accrued interest paid on securities(if applicable)is netted out of first interest payment. Security Maturity Value Cost Basis Maturity Date Yield Dreyfus Govt. Cash Mgmt Agency $ 95,011.57 $ 95,011.57 n/a 0.01% Total $ 95,011.57 $ 95,011.57 "'Note"' This statement is provided for your information only,and is a highlight of the official trust statement. All information in this report was taken from The Bank of New York Mellon Trust Company, N.A.online statements. City of Carmel Redevelopment Authority Series 2005 Bonds Performing Arts Center Project Activity and Fund Balance Summary - Unaudited Account Name: Debt Service Reserve Fund Trust Account: The Bank of New York Mellon #765412 For Period Ending: September 30, 2010 Activity Date Interest Income' Monthly Draw Totals Other Withdrawals Other Receipts Balance 06/30/10 $ 8,190,000.00 07/31/10 $ - $ - $ - $ - 8,190,000.00 08/31/10 - - - - 8,190,000.00 09/30/10 - - - - 8,190,000.00 Totals $ - $ - $ - $ - $ 8,190,000.00 1. Interest Income is reported on a cash basis and as such does not include accrued income on investments. Also,accrued interest paid on securities(if applicable)is netted out of first interest payment. Security Maturity Value Cost Basis Maturity Date Rate/Yield Fifth Third Bank Public Funds CD $ 8,190,000.00 $ 8,190,000.00 10/1/2010 0.78% Total $ 8,190,000.00 $ 8,190,000.00 ***Note*** This statement is provided for your information only,and is a highlight of the official trust statement. All information in this report was taken from The Bank of New York Mellon Trust Company,N.A. online statements. Umbaugh 8365 Keystone Crossing, Suite 300 P.O. Box 40458 Indianapolis, IN 46240-0458 (317) 465-1500 Les Olds Carmel Redevelopment Commission 111 West Main Street, Suite 140 Carmel, IN 46032 Invoice No. Date Client No. C00600 For professional services for Cash Advisory Services rendered in accordance with the Engagement Letter dated August 8, 2005. 2005 PAC Bond Interest Account $ 334.08 2005 PAC Debt Service Reserve Fund 2,047.50 Current Amount Due $ 2,381.58 P '4 1 1 SEP 1 11010 See attached for detail of fees. Director of Redevelo ent/ 9390300 �\y (Carmel Redevelopment Authority Performing Arts Center 2005 Bonds Cash Advisory Services Quarter/}y Fee Calculation Detail of 2nd Quarter 20/0 2005 PAC Bond Interest Account Average Date Principal Balance Fee 4/30/2010 $ 1,336,369 $ 111.36 5/31/2010 1,336,369 I 1 1.36 6/30/2010 1,336,369 1 1 1.36 S 334.08 2005 PAC Debt Service Reserve Fund — — Average Date Principal Balance Fee 4/30/2010 S 8,190.000 $ 682.50 5/31/2010 8.190,000 682.50 6/30/2010 8,190,000 682.50 $ 2,047.50 Total Fee for Period Ending June 311, 2010: S 2,381.58 C8365 UmbauKgh Cash eystone Crossing Advisory Services,LLC W Suite 300 P.O.Box 40458 Indianapolis,IN 462400458 p Phone:317-165-1500 V� Fax'. 317-4651550 g \ Ws all nlx,ul C peIience. July 19, 2010 Mr. Les Olds Carmel Redevelopment Commission I I 1 West Main Street, Suite 140 Carmel, IN 46032 Re: Quarterly Summary Statements for Carmel Redevelopment Performing Arts Center Project Series 2005 Bonds Dear Mr. Olds: Attached please find our Cash Advisory Services quarterly summary statements for the period ending June 30, 2010. Please note the statements are a summary of activity and investments in The Bank of New York Mellon Trust Company. N.A. trust accounts, which include interest earned and expenditures for the quarter. They also include a summary of investments held in the accounts as of June 30, 2010. In preparing our summary, we have relied on the accuracy and reliability of information provided by the trustee for the Bonds. The Bank of New York Mellon Trust Company, N.A. We have not audited, examined or reviewed the information and express no assurance on it. The attached summary statements are intended solely for the information and use of management, and are not intended to be and should not he used by anyone other than management. We have also attached our quarterly lee bill for these accounts. We appreciate the opportunity to serve you and thank the individuals in your organization for their cooperation. If you have any questions, please do not hesitate to call me at 317-465-1531. Very truly yours, UM"AUGI-I :'trey A. Messer JAM/Ijp Enclosures City of Carmel Redevelopment Authority Series 2005 Bonds Performing Arts Center Project Activity and Fund Balance Summary - Unaudited Account Name: Bond Interest Account Trust Account: The Bank of New York Mellon #765413 For Period Ending: June 30, 2010 Activity Date Interest Income' Disbursements Other Withdrawals Other Receipts Balance 03/31/10 $ 1,336,369.18 04/30/10 $ - $ - $ - $ - 1,336,369.18 05/31/10 - - - - 1,336,369.18 06/30/10 0.01 - - - 1,336,369.19 Totals S 0.01 $ - $ - $ - $ 1,336,369.19 1. Interest Income is reported on a cash basis and as such does not include accrued income on investments. Also,accrued interest paid on securities(if applicable)is netted out of first interest payment. Security Maturity Value Cost Basis Maturity Date Yield Fed Home Loan Mtg Corp 4.125% Note $ 1,270,000.00 $ 1,242,568.00 7/12/2010 4.66% Dreyfus Govt. Cash Mgmt Agency 93,801.19 93,801.19 n/a Total $ 1,363,801.19 $ 1,336,369.19 "'Note— This statement is provided for your information only,and is a highlight of the official trust statement. All information in this report was taken from The Bank of New York Mellon Trust Company, N . online statements. IN, _. . - - ,.. V-. _ 44n. City of Carmel Redevelopment Authority Series 2005 Bonds Performing Arts Center Project Activity and Fund Balance Summary- Unaudited Account Name: Debt Service Reserve Fund Trust Account: The Bank of New York Mellon #765412 For Period Ending: June 30, 2010 Activity Date Interest Income' Monthly Draw Totals Other Withdrawals Other Receipts Balance 03/31/10 $ 8,190,000.00 04/30/10 $ - $ - $ - $ - 8,190,000.00 05/31/10 - - - - 8,190,000.00 06/30/10 - - - - 8,190,000.00 Totals $ - $ - $ - $ - $ 8,190,000.00 1. Interest Income is reported on a cash basis and as such does not include accrued income on investments. Also,accrued interest paid on securities Of applicable)is netted out of first interest payment. Security Maturity Value Cost Basis Maturity Date Rate/Yield Fifth Third Bank Public Funds CD $ 8,190,000.00 $ 8,190,000.00 10/1/2010 0.78% Total $ 8,190,000.00 $ 8,190,000.00 "' Note"' This statement is provided for your information only,and is a highlight of the official trust statement. All information in this report was taken from The Bank of New York Mellon Trust Company, N .online statements. .�55 }}-. 05 . a _ 3 ¢ pP _ ss &3§P.` e 'x' ".. 'iE6F2�. f giB.. .. �P,�a. IN ,. 3}��:e '.-. � PPE:.:n ,., 'lab, F, _ '$:Hie. City of Carmel Redevelopment Authority Series 2005 Bonds Performing Arts Center Project Activity and Fund Balance Summary- Unaudited Account Name: Construction Fund Trust Account: The Bank of New York Mellon #765414 and 765416 For Period Ending: June 30, 2010 Activity Date Interest Income ' Disbursements Other Withdrawals Other Receipts Balance 03131110 $ 2,776,328.63 04/30/10 $ - $ 2,588,624.79 $ - 5 - 187,703.84 05131/10 - - - - 187,703.84 06130110 - - - - 187,703.84 Totals $ - 5 2,588,624.79 S - $ - $ 187,70184 1.Interest Income is reported on a cash basis and as such does not include accrued income on investments. Also,accrued interest paid on securities Of applicable)is netted out of first interest payment. Security Maturity Value Cost Basis Maturity Date Interest Rate/Yield Dreyfus Govt. Cash Mgmt Agency $ 187,703.84 $ 187,703.84 n/a 0.00% Total $ 187,703.84 $ 187,703.84 ""Note*** This statement is provided for your information only, and is a highlight of the official trust statements. All information in this report was taken from The Bank of New York Mellon Trust Company, N.A.online statements. A Sa "f ..`r z_.".-: --, €e. a r <', m 4a-.d4 -Je t: ;. 1 '_ °x '77 'E.g _ e -