HomeMy WebLinkAboutLONDON WITTE GROUP- 003264- 10/25/2012 CARMEL REDEVELOPMENT COMMISSION 003264
London Witte Group Check: 3264
1776 N Meridian Street Date: 10/25/2012
Suite 500 Vendor: LONDONW1
Indianapolis, IN 46202
Prior
Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt. Paid
25331 17,218.65 17,218.65 0.00 0.00 17,218.65
August 2012 services
25414 A 10,862.50 10,862.50 0.00 0.00 10,862.50
Operating Expenses
25414 B 1,125.00 1,125.00 0.00 0.00 1,125.00
Non operating expenses
29,206.15 29,206.15 0.00 0.00 29,206.15
THE+KE1r� 04DOEUMENiSECURITYoHEATACTIVATEDTHUMB NTgADDITiONA—�' SECURITAYAEATURESINCLJDED SEEB�AC=K7F ifirrA1LS
ptg6 ofsic Carmel Redevelopment Commission ,4 003264
P� 30 West Main Street A REGIONS
, • Suite 220
,;,1.741E1,1 OCCarmel, IN 46032
3264
DATE AMOUNT
10/25/2012. **********29,206.15
PAY
THE SUM OF TWENTY NINE THOUSAND TWO HUNDRED SIX DOLLARS AND 15 CENTS ************
TO THE
ORDER
OF London Witte Group
1776 N Meridian Street
Suite 500 =E"sr
Indianapolis, IN 46202 M.
,d
"0032641i' 1:0740L42L31: 0087504LLle
CARMEL REDEVELOPMENT COMMISSION 003264
London Witte Group Check: 3264
1776 N Meridian Street Date: 10/25/2012
Suite 500 Vendor: LONDONW1
Indianapolis, IN 46202
Prior
Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt. Paid
25331 17,218.65 17,218.65 0.00 0.00 17,218.65
August 2012 services
25414 A 10,862.50 10,862.50 0.00 0.00 10,862.50
Operating Expenses
25414 B 1,125.00 1,125.00 0.00 0.00 1,125.00
Non operating expenses
29,206.15 29,206.15 0.00 0.00 29,206.15
X-11-52 COMPUTEREASE FORMS DIVISION(877)577-5791 T-71771 - Ki.A
LONDON
LWG WITTE
GROUP
Carmel Redevelopment Commission Client No: 1002.004
30 W.Main Street Date: 09/30/2012
Suite 220 Invoice No: 25414
Carmel,IN 46032
For services rendered as detailed in the attached summary. --
Operating 10,862.50
Non-Operating 1,125.00
Current Amount Due $ 11.987.50
Certified Public Accountants
1776 N.Meridian Street,Suite 500 Indianapolis,Indiana 46202
Telephone 1 317-634-4747 Facsimile I 317-632-2727 Web I LondonWitteGroup.com
London Witte Group,LLC
September 2012 Billing Detail 1 of 4
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 09/04/2012 0.25 325.00 81.25 Review and comment on Asset Summary for the
CRC(as requested by the City Council).
Reynolds 09/04/2012 1.00 75.00 75.00 Attended City Council Finance Committee Meeting
on 9/4/2012 for Bond Refinancing.
Higgins 09/04/2012 1.25 325.00 406.25 Attend City Council Finance Committee Meeting
re:restructuring/refunding; Follow-ups with Mike,
Bob,Loren and Bruce post meeting.
Higgins 09/04/2012 0.75 325.00 243.75 Prepare for meeting on the City Council Finance
Committee.Follow-up with Mike Lee and Bob.
Reynolds 09/05/2012 0.75 75.00 56.25 2012 TIF Collections Analysis-Updated the TIF
Collections analysis to include the break down of
all developer bonds.
Reynolds 09/05/2012 1.25 75.00 93.75 2012 TIF Distribution and Expenditures-Updated
the analysis to include the newly updated
estimated TIF Receipts.Also updated all
information to include updated debt numbers.
Reynolds 09/06/2012 1.75 75.00 131.25 2012 TIF Distribution and Expenditures-
Reviewed the worksheet with Jim and made all of
his review changes.Also,recalculated and double
checked all figures to ensure they tie to all
amortization schedules and forecasts.
Reynolds 09/06/2012 2.00 75.00 150.00 2012 TIF Collections Analysis-Reviewed analysis
with Jim and made all of his changes. Updated the
analysis so the original estimates would be Net of
the referendum,and removed referendum impact
from the analysis.
Higgins 09/06/2012 1.50 325.00 487.50 Follow-up with Bob Reynolds on changes to the
revised schedules for TIF collections and debt for
2012.
Higgins 09/07/2012 0.50 325.00 162.50 Review calendar request and set CRC Finance
Committee Meeting;follow-up call with Mike Lee
re:2013 Forecast and related matters.
Higgins 09/11/2012 1.00 325.00 325.00 Follow-up with finance team re:cancellation on
Tuesday night's meeting;notification on
scheduling conflict for Thursday's City Council
Finance Committee Meeting.Conversations with
Bob Reynolds re:review of draft information to be
presented to the CRC and the City Council.
Additional review and follow-up on the revised
document;release for distribution to the Financing
Group for review and comment.
Reynolds 09/11/2012 1.50 75.00 1 12.50 Met with Jim to go over final changes to TIF
coverage documents.Made all needed changes
and distributed the document to the working
group.
Reynolds 09/13/2012 2.00 75.00 150.00 Attended 9-13 City Council meeting.
Reynolds 09/14/2012 0.50 75,00 37.50 Met with Jim to discuss the events from the
8-13-2012 City Council Special meeting.
Higgins 09/14/2012 0.50 325.00 162.50 Follow-up with Bob Reynolds re:yesterday
evening's City Council Finance Committee
Meeting and related matters.
Higgins 09/17/2012 0.50 325.00 162.50 Review initial report from Frost Todd Brown on
CRC related matters.
Higgins 09/17/2012 0.25 325.00 81.25 Review and respond to email from Loren in
response to Les'email concerning the$3.4 million
of funds generated for the spiked December
2012/January 2013 debt service payments with
the refinancing of the existing obligations.
London Witte Group,LLC
September 2012 Billing Detail
Carmel Redevelopment Commission 2 of 4
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Reynolds 09/20/2012 2.00 75.00 150.00 Attended 9/20/2012 Finance Committee Meeting.
Higgins 09/20/2012 2.75 325.00 893.75 Attend the meeting of the City Council Finance
Committee re:restructuring and related matters.
Higgins 09/20/2012 1.00 325.00 325.00 Prepare for the City Council Finance Committee
Meeting re:restructuring and related matters.
Higgins 09/23/2012 0.50 325.00 162.50 Follow email traffic re:restructure/refinancing
matters.
Higgins 09/24/2012 0.25 325.00 81.25 Follow email traffic on restructure/refinance
options.
Higgins 09/25/2012 0.25 325.00 81.25 Retrieve message and return call to Mike Lee re:
cash flow and related questions;follow-up with
Bob Reynolds re:same.
Higgins 09/25/2012 0.25 325.00 81.25 Follow-up email to Tom Perkins(copy to Karl/Mike
Lee)re:additional information/outstanding items
to meet information requested for the City
Council's review.
Higgins 09/26/2012 1.00 325.00 325.00 Follow-ups with Tom Perkins re:additional
information requested concerning CRC operations
and related matters. Provide a copy of the 8/16/12
presentation to the City Council Finance
Committee. Follow-up with Mike Lee and Bob
Reynolds on the balance of the items requested.
Higgins 09/26/2012 2.50 325.00 812.50 Additional research and drafting on initial and
follow-up requests from Tom Perkins;follow-up
with staff re:additional items requested(rent
schedules,appraisals for land purchase contracts,
etc.).
Higgins 09/27/2012 0.50 325.00 162.50 Review and edit draft response to Tom Perkins
request for information. Finalize,add attachments
and email the response to the group(original email
request).
Higgins 09/27/2012 1.50 325.00 487.50 Additional follow-up with Tom Perkins re:
information request,follow-up with Mike Lee and
Karl Haas re:same.Follow-up with Matt and Bill
Hammer re:information to be requested from
Loren re:estimated vs.actual increment over time.
Higgins 09/28/2012 1.75 325.00 568.75 Follow-ups with Mike Lee and Bob Reynolds re:
additional information sought by Tom Perkins;
review emails from Karl and Tom re:same.
31.50 7,050.00 Subtotal-Financial Advisory-Finance Committee
Higgins 09/14/2012 0.25 325.00 81.25 Follow-up with Lori Danford(copy Mike Lee)re:
additional follow-up questions re:4CDC grant
income for 2011.
Higgins 09/17/2012 0.25 325.00 81.25 Follow-up with SBOA Examiner re:questions on
4CDC grants received in 2011. Follow-up with
Mike Lee and Bob Reynolds re:same.
Higgins 09/20/2012 1.00 325.00 325.00 Additional follow-ups with SBOA Examiner re:
information requested on 4CDC Grants;follow-up
with Mike Lee and Bob Reynolds;forward
information to Lori Danford as it is received from
Mike.
Higgins 09/21/2012 0.25 325.00 81.25 Reviewed and forward last of the information from
Mike Lee to Lori Danford(SBOA)re:4CDC grants.
1.75. 568.75 Subtotal -Financial Advisory-Audit
London Witte Group,LLC
September 2012 Billing Detail 3 of 4
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 09/04/2012 0.25 325.00 81.25 Retrieve,review and forward(Bob and Mike) CRC
Star Account Statement for August 2012.
Higgins 09/05/2012 0.50 325.00 162.50 Meeting with Bob Reynolds to address changes to
TIF Distribution and Debt Coverage worksheets
for the City Council Finance Committee.
Reynolds 09/13/2012 1.00 75.00 75.00 Financial Dashboard-updated the check register
to include all information for the month of July.
Reynolds 09/14/2012 1.25 75.00 93.75 Financial Dashboard-Reviewed Mike Lee's
Forecast and Revenue and Expenditure analysis.
Emailed him all changes and sent him a
completed financial dashboard.
Reynolds 09/14/2012 2.00 75.00 150.00 Financial Dashboard-Made all needed updates to
the Financial Dashboard for the month of July.
Also,completed the Bank Reconciliation and
created the Financial Summary.
Higgins 09/14/2012 0.25 325.00 81.25 Follow-up call on the updated 2012 and 2013
forecast and related matters.
Higgins 09/14/2012 0.25 325.00 81.25 Call with Mike Lee re:2012 and 2013 Forecast
questions in preparation of Wednesday's
Commission Meeting.
Higgins 09/21/2012 0.25 325.00 81.25 Follow-up call with Mike Lee re:2012 Forecast
and related matters.
5.75 806.25 Subtotal-Financial Advisory-Financial Dashboard
Higgins 09/11/2012 0.25 325.00 81.25 Transfer cash between the CRC Star and Regions
Accounts;follow-up with Mike and Bob re:same.
Higgins 09/13/2012 0.25 325.00 81.25 Transfer Funds from the Star to Regions Account;
follow-up with Mike and Bob re:same.
Higgins 09/17/2012 0.25 325.00 81.25 Follow-ups with Don Cleveland(re:vacation
request)and Megan McVicker re:confirmation of
attendance at this week's CRC meetings.
Higgins 09/18/2012 0.25 325.00 81.25 Review Mike Lee email-follow-up call re: same;
email to Regions to request a wire transfer for
freight cost of the Bike Hub.
Higgins 09/19/2012 0.50 325.00 162.50 Review claims and sign checks-September
Meeting.
Higgins 09/19/2012 1.00 325.00 325.00 Attend the monthly meeting of the CRC.
Higgins 09/19/2012 1.25 325.00 406.25 Attend the Executive Session of the CRC.
Higgins 09/19/2012 0.75 325.00 243.75 Prepare for monthly meetings of the CRC.
Higgins 09/26/2012 0.25 325.00 81.25 Review claims and sign checks presented by Mike
Lee.
Higgins 09/26/2012 1.00 325.00 325.00 Attend special meeting of the CRC-presentation
of the Merchants Square/Merchants Pointe
overview/plan.
Higgins 09/26/2012 1.25 325.00 406.25 Prepare for and attend Executive Session of the
CRC.
Higgins 09/27/2012 0.50 325.00 162.50 Return call to Mike Lee re:cash flow and position.
Transfer funds from Star to Regions;follow-up
email to Mike and Bob Reynolds re:same.
7.50 2,437.50 Subtotal-Financial Advisory-General
London Witte Group,LLC
September 2012 Billing Detail 4 of 4
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 09/18/2012 0.75 325.00 243.75 Review and execute compliance certificate for
BMO Harris Bank;follow-up with Bob Reynolds re:
same.
Reynolds 09/18/2012 0.50 75.00 37.50 Certificates of Compliance-Finalized the
certificates and emailed the final copies to Harris
bank.
Higgins 09/20/2012 0.50 325.00 162.50 Follow-up meeting with Bob Reynolds;review and
comment on the form of the analysis on the
Parkwood and Merchants Square financings.
Follow-up conversations with Bill Hammer and
Bruce Donaldson re:same.
Reynolds 09/20/2012 6.50 75.00 487.50 Developer Bonds-Created an analysis that
shows the days that the Merchant Square and
Parkwood Bonds could be called based upon the
current call dates and the excess TIF funds in their
accounts.
Higgins 09/21/2012 0.25 325.00 81.25 Follow-ups with Brad Bingham and Bob Reynolds
re:additional information pertaining to the status
of the Parkwood(Developer)Bonds and related
matters.
Haase 09/25/2012 1.25 75.00 93.75 Updating of TIF Register for transactions occurring
in the month of August.
Reynolds 09/25/2012 0.25 75.00 18.75 Contacted Lee Graham about TIF Advances.
10.00 1,125.00 Subtotal-Financial Advisory-TIF
58.50 11,987.50 Total Invoice
Summary: 10,862.50 Operating
1,125.00 Non-Operating
11,987.50 Total
LONDON
LWG WITTE
GROUP
Carmel Redevelopment Commission Client No: 1002.009
30 W.Main Street Date: 09/30/2012
Suite 220 Invoice No: 25414
Carmel, IN 46032
For services rendered as detailed in the attached summary.
Operating $ 10,860
Non-Operating 1 125.D8'2
Current Amount Due $ 11.987.50
elo
Certified Public Accountants
1776 N.Meridian Street,Suite 500 Indianapolis,Indiana 46202
Telephone 1 317-634-4747 Facsimile 317-632-2727 Web J LondonWitteGroup.com
London Witte Group, LLC
September 2012 Billing Detail 1 of 4
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 09/04/2012 0.25 325.00 81.25 Review and comment on Asset Summary for the
CRC(as requested by the City Council).
Reynolds 09/04/2012 1.00 75.00 75.00 Attended City Council Finance Committee Meeting
on 9/4/2012 for Bond Refinancing.
Higgins 09/04/2012 1.25 325.00 406.25 Attend City Council Finance Committee Meeting
re:restructuring/refunding; Follow-ups with Mike,
Bob, Loren and Bruce post meeting.
Higgins 09/04/2012 0.75 325.00 243.75 Prepare for meeting on the City Council Finance
Committee. Follow-up with Mike Lee and Bob.
Reynolds 09/05/2012 0.75 75.00 56.25 2012 TIF Collections Analysis- Updated the TIF
Collections analysis to include the break down of
all developer bonds.
Reynolds 09/05/2012 1.25 75.00 93.75 2012 TIF Distribution and Expenditures-Updated
the analysis to include the newly updated
estimated TIF Receipts.Also updated all
information to include updated debt numbers.
Reynolds 09/06/2012 1.75 75.00 131.25 2012 TIF Distribution and Expenditures-
Reviewed the worksheet with Jim and made all of
his review changes.Also, recalculated and double
checked all figures to ensure they tie to all
amortization schedules and forecasts.
Reynolds 09/06/2012 2.00 75.00 150.00 2012 TIF Collections Analysis-Reviewed analysis
with Jim and made all of his changes. Updated the
analysis so the original estimates would be Net of
the referendum,and removed referendum impact
from the analysis.
Higgins 09/06/2012 1.50 325.00 487.50 Follow-up with Bob Reynolds on changes to the
revised schedules for TIF collections and debt for
2012.
Higgins 09/07/2012 0.50 325.00 162.50 Review calendar request and set CRC Finance
Committee Meeting;follow-up call with Mike Lee
re:2013 Forecast and related matters.
Higgins 09/11/2012 1.00 325.00 325.00 Follow-up with finance team re: cancellation on
Tuesday night's meeting; notification on
scheduling conflict for Thursday's City Council
Finance Committee Meeting. Conversations with
Bob Reynolds re:review of draft information to be
presented to the CRC and the City Council.
Additional review and follow-up on the revised
document;release for distribution to the Financing
Group for review and comment.
Reynolds 09/11/2012 1.50 75.00 112.50 Met with Jim to go over final changes to TIF
coverage documents. Made all needed changes
and distributed the document to the working
group.
Reynolds 09/13/2012 2.00 75.00 150.00 Attended 9-13 City Council meeting.
Reynolds 09/14/2012 0.50 75.00 37.50 Met with Jim to discuss the events from the
8-13-2012 City Council Special meeting.
Higgins 09/14/2012 0.50 325.00 162.50 Follow-up with Bob Reynolds re:yesterday
evening's City Council Finance Committee
Meeting and related matters.
Higgins 09/17/2012 0.50 325.00 162.50 Review initial report from Frost Todd Brown on
CRC related matters.
Higgins 09/17/2012 0.25 325.00 81.25 Review and respond to email from Loren in
response to Les'email concerning the$3.4 million
of funds generated for the spiked December
2012/January 2013 debt service payments with
the refinancing of the existing obligations.
London Witte Group, LLC
September 2012 Billing Detail 2 of 4
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Reynolds 09/20/2012 2.00 75.00 150.00 Attended 9/20/2012 Finance Committee Meeting.
Higgins 09/20/2012 2.75 325.00 893.75 Attend the meeting of the City Council Finance
Committee re: restructuring and related matters.
Higgins 09/20/2012 1.00 325.00 325.00 Prepare for the City Council Finance Committee
Meeting re:restructuring and related matters.
Higgins 09/23/2012 0.50 325.00 162.50 Follow email traffic re:restructure/refinancing
matters.
Higgins 09/24/2012 0.25 325.00 81.25 Follow email traffic on restructure/refinance
options.
Higgins 09/25/2012 0.25 325.00 81.25 Retrieve message and return call to Mike Lee re:
cash flow and related questions;follow-up with
Bob Reynolds re:same.
Higgins 09/25/2012 0.25 325.00 81.25 Follow-up email to Tom Perkins(copy to Karl/Mike
Lee)re:additional information/outstanding items
to meet information requested for the City
Council's review.
Higgins 09/26/2012 1.00 325.00 325.00 Follow-ups with Tom Perkins re:additional
information requested concerning CRC operations
and related matters. Provide a copy of the 8/16/12
presentation to the City Council Finance
Committee. Follow-up with Mike Lee and Bob
Reynolds on the balance of the items requested.
Higgins 09/26/2012 2.50 325.00 812.50 Additional research and drafting on initial and
follow-up requests from Tom Perkins;follow-up
with staff re:additional items requested(rent
schedules,appraisals for land purchase contracts,
etc.).
Higgins 09/27/2012 0.50 325.00 162.50 Review and edit draft response to Tom Perkins
request for information. Finalize,add attachments
and email the response to the group(original email
request).
Higgins 09/27/2012 1.50 325.00 487.50 Additional follow-up with Tom Perkins re:
information request,follow-up with Mike Lee and
Karl Haas re:same. Follow-up with Matt and Bill
Hammer re:information to be requested from
Loren re:estimated vs. actual increment over time.
Higgins 09/28/2012 1.75 325.00 568.75 Follow-ups with Mike Lee and Bob Reynolds re:
additional information sought by Tom Perkins;
review emails from Karl and Tom re: same.
31.50 7,050.00 Subtotal-Financial Advisory-Finance Committee
Higgins 09/14/2012 0.25 325.00 81.25 Follow-up with Lori Danford(copy Mike Lee)re:
additional follow-up questions re:4CDC grant
income for 2011.
Higgins 09/17/2012 0.25 325.00 81.25 Follow-up with SBOA Examiner re:questions on
4CDC grants received in 2011. Follow-up with
Mike Lee and Bob Reynolds re:same.
Higgins 09/20/2012 1.00 325.00 325.00 Additional follow-ups with SBOA Examiner re:
Information requested on 4CDC Grants;follow-up
with Mike Lee and Bob Reynolds;forward
information to Lori Danford as it is received from
Mike.
Higgins 09/21/2012 0.25 325.00 81.25 Reviewed and forward last of the information from
Mike Lee to Lori Danford(SBOA)re:4CDC grants.
1.75 568.75 Subtotal-Financial Advisory-Audit
London Witte Group,LLC
September 2012 Billing Detail 3 of 4
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 09/04/2012 0.25 325.00 81.25 Retrieve,review and forward(Bob and Mike) CRC
Star Account Statement for August 2012.
Higgins 09/05/2012 0.50 325.00 162.50 Meeting with Bob Reynolds to address changes to
TIF Distribution and Debt Coverage worksheets
for the City Council Finance Committee.
Reynolds 09/13/2012 1.00 75.00 75.00 Financial Dashboard-updated the check register
to include all information for the month of July.
Reynolds 09/14/2012 1.25 75.00 93.75 Financial Dashboard- Reviewed Mike Lee's
Forecast and Revenue and Expenditure analysis.
Emailed him all changes and sent him a
completed financial dashboard.
Reynolds 09/14/2012 2.00 75.00 150.00 Financial Dashboard-Made all needed updates to
the Financial Dashboard for the month of July.
Also,completed the Bank Reconciliation and
created the Financial Summary.
Higgins 09/14/2012 0.25 325.00 81.25 Follow-up call on the updated 2012 and 2013
forecast and related matters.
Higgins 09/14/2012 0.25 325.00 81.25 Call with Mike Lee re: 2012 and 2013 Forecast
questions in preparation of Wednesday's
Commission Meeting.
Higgins 09/21/2012 0.25 325.00 81.25 Follow-up call with Mike Lee re:2012 Forecast
and related matters.
5.75 806.25 Subtotal-Financial Advisory-Financial Dashboard
Higgins 09/11/2012 0.25 325.00 81.25 Transfer cash between the CRC Star and Regions
Accounts;follow-up with Mike and Bob re:same.
Higgins 09/13/2012 0.25 325.00 81.25 Transfer Funds from the Star to Regions Account;
follow-up with Mike and Bob re: same.
Higgins 09/17/2012 0.25 325.00 81.25 Follow-ups with Don Cleveland(re:vacation
request)and Megan McVicker re:confirmation of
attendance at this week's CRC meetings.
Higgins 09/18/2012 0.25 325.00 81.25 Review Mike Lee email-follow-up call re: same;
email to Regions to request a wire transfer for
freight cost of the Bike Hub.
Higgins 09/19/2012 0.50 325.00 162.50 Review claims and sign checks-September
Meeting.
Higgins 09/19/2012 1.00 325.00 325.00 Attend the monthly meeting of the CRC.
Higgins 09/19/2012 1.25 325.00 406.25 Attend the Executive Session of the CRC.
Higgins 09/19/2012 0.75 325.00 243.75 Prepare for monthly meetings of the CRC.
Higgins 09/26/2012 0.25 325.00 81.25 Review claims and sign checks presented by Mike
Lee.
Higgins 09/26/2012 1.00 325.00 325.00 Attend special meeting of the CRC-presentation
of the Merchants Square/Merchants Pointe
overview/plan.
Higgins 09/26/2012 1.25 325.00 406.25 Prepare for and attend Executive Session of the
CRC.
Higgins 09/27/2012 0.50 325.00 162.50 Return call to Mike Lee re:cash flow and position.
Transfer funds from Star to Regions;follow-up
email to Mike and Bob Reynolds re: same.
7.50 2,437.50 Subtotal-Financial Advisory-General
London Witte Group, LLC
September 2012 Billing Detail
Carmel Redevelopment Commission 4 of 4
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 09/18/2012 0.75 325.00 243.75 Review and execute compliance certificate for
BMO Harris Bank;follow-up with Bob Reynolds re:
same.
Reynolds 09/18/2012 0.50 75.00 37.50 Certificates of Compliance-Finalized the
certificates and emailed the final copies to Harris
bank.
Higgins 09/20/2012 0.50 325.00 162.50 Follow-up meeting with Bob Reynolds;review and
comment on the form of the analysis on the
Parkwood and Merchants Square financings.
Follow-up conversations with Bill Hammer and
Bruce Donaldson re:same.
Reynolds 09/20/2012 6.50 75.00 487.50 Developer Bonds-Created an analysis that
shows the days that the Merchant Square and
Parkwood Bonds could be called based upon the
current call dates and the excess TIF funds in their
accounts.
Higgins 09/21/2012 0.25 325.00 81.25 Follow-ups with Brad Bingham and Bob Reynolds
re:additional information pertaining to the status
of the Parkwood(Developer)Bonds and related
matters.
Haase 09/25/2012 1.25 75.00 93.75 Updating of TIF Register for transactions occurring
in the month of August.
Reynolds 09/25/2012 0.25 75.00 18.75 Contacted Lee Graham about TIF Advances.
10.00 1,125.00 Subtotal-Financial Advisory-TIF
56.50 11,987.50 Total Invoice
Summary: 10,862.50 Operating
1,125.00 Non-Operating
11,987.50 Total
LONDON
LWG WITTR
GROUP
Carmel Redevelopment Commission Client No: 1002.004
30 W. Main Street Date: 08/31/2012
Suite 220 Invoice No: 25331
Carmel, IN 46032
For services rendered as detailed in the attached summary.
Operating 15,337
eratin
P 9 $ 1,881.
Non-O 25
Current Amount Due $ 17,218.65
\ 1P1
Certified Public Accountants
1776 N.Meridian Street,Suite 500 Indianapolis,Indiana 46202
Telephone 1 317-634-4747 Facsimile 1 317-632-2727 Web I LondonWitteGroup.com
• London Witte Group,LLC
August 2012 Billing Detail 1 of 5
Cannel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 08/01/2012 1.00 325.00 325.00 Work with Bob Reynolds on the operating analysis;
review and comment on the initial and subsequent
draft.
Reynolds 08/01/2012 4.00 75.00 300.00 Operations Analysis-Created a spreadsheet and
power point to compare the 2012 Operations
Expenses, and to forecast the Cashflow for the
next 20 years in preparation for the 8/8 Financial
Committee meeting.
Higgins 08/02/2012 0.50 325.00 162.50 Review and comment on the revised draft of the
operational analysis as prepared by Bob Reynolds.
Reynolds 08/02/2012 5.00 75.00 375.00 Operating Analysis-Created the Sensitivity
analysis for the operating expenses. Made all
updated and changes needed to the operating
analysis.
Reynolds 08/03/2012 0.50 75.00 37.50 Discussed Operations w/s with Dave bowers for
next weeks.
Higgins 08/03/2012 0.25 325.00 81.25 Follow-ups with Bob Reynolds on drafts of the
operational cash flow analysis previously
circulated to Dave and Carolyn.
Higgins 08/03/2012 0.25 325.00 81.25 Follow-up calls with Mike Lee re: inquiry from
Nancy Heck re: CRC finances and related matters.
Reynolds 08/07/2012 0.25 75.00 18.75 Operations Analysis-Emailed copies of the
operations analysis to Les, Mike,and Karl.
Created copies of the analysis for 8/8/2012
Financial Committee meeting.
Reynolds 08/08/2012 2.50 75.00 187.50 Operations-Made final changes to the operations
worksheet for the finance committee meeting.
Reynolds 08/08/2012 4.50 75.00 337.50 Finance Committee Meeting-attended meeting on
refinancing the debt.
Higgins 08/08/2012 0.50 325.00 162.50 Calls with Mayor Brainard re:information checking
for refinance article for the Indianapolis Star re:
plan of finance and CRC operations.
Higgins 08/08/2012 5.00 325.00 1,625.00 Attend meeting of the Finance Committee re:plan
of finance.
Higgins 08/08/2012 2.00 325.00 650.00 Prepare for the Finance Committee Meeting re:
plan of finance; review schedules and material
with Bob Reynolds.
Reynolds 08/09/2012 4.50 75.00 337.50 Operations Spreadsheet-Created the updates to
the operations spread sheet for the upcoming
financial committee meeting.
Higgins 08/09/2012 1.00 325.00 325.00 Follow-up meeting with Bob Reynolds re:review
and modifications to the proposed presentation.
Higgins 08/09/2012 0.50 325.00 162.50 Follow-up with Bob Reynolds on revisions to
existing and additional documents needed for next
week's City Council Finance Committee Meeting
(operating and non-operating cash flows).
Reynolds 08/10/2012 0.75 75.00 56.25 Operations-Made all of Jims changes to the
operations PowerPoint.
Reynolds 08/13/2012 2.50 75.00 187.50 Debt Listing-Updated the debt summary for the
upcoming Finance Committee meeting for Dave
Bowers. .
Reynolds 08/13/2012 1.50 75.00 112.50 Phone Conference -Phone Conference for
Refunding Issuance.
Reynolds 08/13/2012 1.00 75.00 75.00 Operations and non operating analysis(Slide
show)-Updated information to include Mike's
financial information. Made final changes to draft
and emailed to Dave and Carolyn.
London Witte Group, LLC
August 2012 Billing Detail 2 of 5
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 08/13/2012 1.25 325.00 406.25 Calls with Mayor Brainard and Dave Bowers;re:
refinancing and related matters;forward draft
schedule to the Mayor and follow-up with Bob
Reynolds re:same.
Higgins 08/13/2012 1.75 325.00 568.75 Prepare for and participate in a conference call
with the Finance Committee, Bruce, Loren and
Oppenheimer re:revisions to the presentation for
Thursday evening(City Council). Follow-up with
Bob Reynolds re:same.
Higgins 08/14/2012 0.50 325.00 162.50 Follow email traffic on plan of finance project
(refunding/restructure)and related matters.
Carney 08/14/2012 0.25 70.00 17.50 Printed information for JPH meeting.
Reynolds 08/15/2012 3.00 75.00 225.00 Operations Analysis-Worked with Mike to lower
the budget for the operating analysis for Thursdays
finance committee meeting.
Higgins 08/15/2012 1.50 325.00 487.50 Prepare for and participate in a conference call-
plan of finance-restructure/refunding. Follow-up
with Bob Reynolds re: same.
Reynolds 08/15/2012 1.50 75.00 112.50 Researched city and town tax rates per Dave Bowers
request. Started compiling a list of city and town tax rates
for cities and towns with similar population to the City of
Carmel.
Reynolds 08/15/2012 0.75 75.00 56.25 Updated Slide Shows.
Reynolds 08/15/2012 1.25 75.00 93.75 Finance Committee Conference call-attended a
conference call to review the Umbaugh refunding
presentation.
Reynolds 08/16/2012 2.75 75.00 206.25 Attended Finance Committee meeting on
refunding.
Higgins 08/16/2012 3.50 325.00 1,137.50 Prepare for and attend City Council Finance
Committee Presentation-Refinance/Restructure;
follow-ups with CRC Commissioners and Staff
(post meeting).
Higgins 08/16/2012 1.00 325.00 325.00 Email to Bob Reynolds(Carolyn and Dave)re:
suggested changes to the Operating,
Non-operating analysis and related matters;
follow-up call with Bob Reynolds re: same.
Reynolds 08/16/2012 1.25 75.00 93.75 Finalized a listing of the taxing districts in the 10
largest cities for Dave Bowers.
Reynolds 08/16/2012 1.50 75.00 112.50 Operating Analysis-Made all final changes to the
Operating analysis for the finance committee
meeting.
Reynolds 08/16/2012 2.00 75.00 150.00 Energy Center Project-Had discussions with
Mike to calculate data for the chart. Obtained all
Energy Center payments, and entered info in the
chart. Created an analysis showing the costs to
power the city buildings based on assumptions.
Higgins 08/16/2012 2.00 325.00 650.00 Follow-ups with Bob Reynolds on presentation
items for City Council Finance Committee;review
near final presentation;follow-up with Bob
Reynolds re: last minute changes. Prepare for
meeting/presentation.
Reynolds 08/16/2012 0.25 75.00 18.75 Finance Committee meeting-made all copies of
documents for Finance committee meeting, put
the presentation on a flash drive.
Higgins 08/21/2012 0.25 325.00 81.25 Follow-up with Dave Bowers re: inquiry form
Community Bank re: Party Time loan and related
matters.
Reynolds 08/23/2012 0.25 75.00 18.75 Sent Mike LOC spreadsheet.
London Witte Group, LLC
August 2012 Billing Detail 3 of 5
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 08/24/2012 1.00 325.00 325.00 Review and comment on the draft debt summary
as prepared by Mike Lee for the City Council.
Follow-up with Mike and Bob Reynolds with initial
comments.
Higgins 08/28/2012 0.50 325.00 162.50 Review and comment on revised debt schedules
as prepared and circulated by Mike Lee.
Reynolds 08/28/2012 0.25 75.00 18.75 Refunding-Answered Ryan's questions on
Refunding.
Reynolds 08/29/2012 0.25 75.00 18.75 Refinance-Discussed the items needed for the
refinance with Ryan Wilmering.
Higgins 08/30/2012 0.25 325.00 81.25 Follow-up with Lucl Snyder and Rick Sharp re:
coverage/defaults on the COPs and 2013 forecast
numbers-follow-up with Bob Reynolds on the
forecast.
Higgins 08/31/2012 0.25 325.00 81.25 Follow-up with Mike and Bob re:items needed for
the City Council Finance Committee(2013
Forecast)and list of properties owned.
Higgins 08/31/2012 0.50 325.00 162.50 Additional follow-ups with Mike Lee and Bob
Reynolds re:items for Tuesday's Finance
Committee Meeting and related matters.
67.50 11,373.75 Subtotal-Financial Advisory-Finance Committee
Higgins 08/02/2012 0.25 325.00 81.25 Follow-up with Lori Danford (SBOA)on receipt of
the legal representation letter.
Higgins 08/06/2012 0.25 325.00 81.25 Emails to Bill Hammer and Dave Bowers re: exit
conference comments and related matters.
0.50 162.50 Subtotal-Financial Advisory-Audit
Reynolds 08/06/2012 0.75 75.00 56.25 Financial Dashboard-Updated the Check
Register and updated the Financial summary.
Reynolds 08/07/2012 4.00 75.00 300.00 Financial Dashboard-Finished Bank
reconciliation for the financial dashboard. Updated
all items of the Financial dashboard for the month
of July.
Reynolds 08/08/2012 1.50 75.00 112.50 Updated the bank statement and financial
summary to reflect held checks by Mike.
Higgins 08/10/2012 1.00 325.00 325.00 Follow-ups with Mike Lee and Bob Reynolds re:
dashboard,cash flows, lines of credit and related
matters.
Reynolds 08/10/2012 3.00 75.00 225.00 Financial dashboard-reviewed mikes forecast
and reconciled dashboard. Made all final changes.
Reynolds 08/17/2012 2.00 75.00 150.00 Financial Dashboard-Updated the dashboard so
it could print to 11X17 for Sue.This involved
resetting print preferences for all documents and
reprinting documents.
Higgins 08/17/2012 0.25 325.00 81.25 Follow-ups with Mike Lee and Bob Reynolds re:
items for distribution to City Council and related
matters.
12.50 1,250.00 Subtotal-Financial Advisory-Financial Dashboard
Higgins 08/06/2012 0.25 325.00 81.25 Retrieve and review the July 2012 Star Account
Statement-scan and forward to Mike Lee and
Bob Reynolds.
London Witte Group, LLC
August 2012 Billing Detail 4 of 5
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 08/09/2012 0.25 325.00 81.25 Review and sign claims and checks couriered from
Mike Lee;send documents back with courier.
Reynolds 08/09/2012 2.00 75.00 150.00 Account Ledgers-Set up account ledger for
Harris Bank and updated the Star Bank account
ledger.Also prepared bank recs for both accounts.
Reynolds 08/14/2012 0.25 75.00 18.75 Sent out IPC listing and emailed debt listing to
Carolyn.
Higgins 08/15/2012 1.00 325.00 325.00 Prepare for CRC monthly meetings,arrive early to
review/approve claims and sign checks.
Higgins 08/15/2012 0.75 325.00 243.75 Attend CRC regular monthly meeting.
Higgins 08/15/2012 1.50 325.00 487.50 Attend a post-regular meeting continuation of the
Executive Meeting of the CRC.
Higgins 08/15/2012 1.25 325.00 406.25 Attend pre-regular meeting Executive Session of
the CRC.
Haase 08/15/2012 1.00 75.00 75.00 Made changes to TIF register regarding the allocations
of developer bond payments due to timing.
Higgins 08/21/2012 0.25 325.00 81.25 Review and sign claims and checks as forward by
Mike Lee(via Courier)-Courier waiting.
Reynolds 08/21/2012 0.50 75.00 37.50 Developer Bonds-Created a listing of information
needed from clerk treasurers office.
Reynolds 08/21/2012 0.25 75.00 18.75 Followed up with Mike on projects.
Higgins 08/24/2012 0.25 325.00 81.25 Review and sign a replacement check for golf cart
rental as provided by Don Cleveland. Forward the
check to the vendor, return the original documents
to Don.
Higgins 08/24/2012 0.50 325.00 162.50 Review and approve claims,sign checks for utility
bills as provided by Don Cleveland. Forward
checks to vendors, return claims to Don;follow-up
emails to Don and Mike re: same.
Carney 08/24/2012 0.25 70.00 17.50 Mailed out payables; mailed receipts to Don
Cleveland,per Jim.
Hancock 08/28/2012 2.40 Postage.
Higgins 08/29/2012 0.25 325.00 81.25 Receive notification of the rent checks for the
James Building-follow-up with Mike, Don and
Bob re:same.
Higgins 08/29/2012 0.50 325.00 162.50 Review and follow-up on an email from Standard
and Poor's(through Les/Matt)concerning the
availability of the City's 2011 Audit Report.Check
State Board of Account's website for recent
releases. Follow-up with Standard&Poor's re:
same.
11.00 2,513.65 Subtotal-Financial Advisory-General
Reynolds 08/01/2012 1.00 75.00 75.00 Arts District-Looked over Rich Starky's question
for the Arts District. Researched to see if there
were any collections prior to 2011,there were not.
Reynolds 08/06/2012 0.50 75.00 37.50 Correspondence-Uploaded variance audit files to
document.
Reynolds 08/06/2012 0.50 75.00 37.50 Developer Bonds-Contacted Mike to see if he
had Trust statements for the parkwood bonds.
Then contacted Donna Short at BNYM to get the
statements.
Reynolds 08/10/2012 1.00 75.00 75.00 Developer Bonds-Started setting up spread
sheet for developer bonds.
Haase 08/13/2012 4.00 75.00 300.00 Completed input of July debt and developer bond
information into the TIF register. Reconciled entries to
make sure all pages of the register agreed.
London Witte Group, LLC
August 2012 Billing Detail 5 of 5
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Reynolds 08/14/2012 0.50 75.00 37.50 TIF Register-Reviewed Mandy's work of the TIF
Register.
Haase 08/14/2012 0.75 75.00 56.25 Finalized review of information and reconciliation of
register before giving to Bob Reynolds for his review.
Reynolds 08/14/2012 1.25 75.00 93.75 Discussed with Dave Bowers Refunding listing
and went over the impact of$1,000,000 of
additional levy to the city of Carmel ,and contacted
Umbaugh to find out if they have started working
on this analysis, also sent Dave B.an updated
debt listing.
Haase 08/16/2012 2.25 75.00 168.75 Made all final review changes for TIF register.
Reynolds 08/16/2012 0.50 75.00 37.50 Energy Center Analysis-discussed with Carolyn
how to put together the energy center analysis.
Reynolds 08/20/2012 4.50 75.00 337.50 After review of Amanda Haase work, updated TIF register
format in order to reconcile timing differences of TIF monies
received and disbursed for developer bonds.
Reynolds 08/22/2012 2.50 75.00 187.50 Developer Bonds-created a register beginning January 1,
2011 to track all activity in the 2006 Parkwood bonds debt
service account. Input information so register would be
current.
Higgins 08/23/2012 0.25 325.00 81.25 Follow-up call with John Alexander(Regions
Trust) re:document amendments on the Arts&
Lofts financing and related matters.
Reynolds 08/29/2012 1.00 75.00 75.00 Developer Bonds-Updated Developer bond
sheets to include surplus account. Looked up
redemption information.
20.50 1,600.00 Subtotal-Financial Advisory-TIF
Reynolds 08/14/2012 0.50 75.00 37.50 Looked over Installment contracts sent from Jenny
Shoup,and discussed them with Mike Lee.
0.50 37.50 Subtotal-Financial Advisory-Budgets
Reynolds 08/07/2012 0.25 75.00 18.75 Developer Bonds-Emailed Mark Hudson to
receive the most recent Trust statement for the
Merchant Square Bonds.
Reynolds 08/08/2012 1.00 75.00 75.00 Developer Bonds-Reviewed trust statements
received from Donna Short in order to start
building a ledger for the park wood bonds.
Reynolds 08/13/2012 2.50 75.00 187.50 Harris Bank Debt Coverage Calculations-
Prepared Debt coverage calculations for BMO
Harris Bank.
3.75 281.25 Subtotal-Financial Advisory-Special Projects
116.25 17,218.65 Total Invoice
Summary: 15,337.40 Operating
1,881.25 Non-Operating
17,218.65 Total
LONDON
LWG WITTE
GROUP
Carmel Redevelopment Commission Client No: 1002.004
30 W.Main Street Date: 08/31/2012
Suite 220 Invoice No: 25331
Carmel,IN 46032
For services rendered as detailed in the attached summary.
Operating 15,337.40
Non-Operating $ 1.881.25
Current Amount Due $, 17,218.65
Certified Public Accountants
1776 N.Meridian Street,Suite 500 Indianapolis,Indiana 46202
Telephone 1 317-634-4747 Facsimile 1 317-632-2727 Web I LondonWitteGroup.com
London Witte Group,LLC
August 2012 Billing Detail 1 of 5
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 08/01/2012 1.00 325.00 325.00 Work with Bob Reynolds on the operating analysis;
review and comment on the initial and subsequent
draft.
Reynolds 08/01/2012 4.00 75.00 300.00 Operations Analysis-Created a spreadsheet and
power point to compare the 2012 Operations
Expenses,and to forecast the Cashflow for the
next 20 years in preparation for the 8/8 Financial
Committee meeting.
Higgins 08/02/2012 0.50 325.00 162.50 Review and comment on the revised draft of the
operational analysis as prepared by Bob Reynolds.
Reynolds 08/02/2012 5.00 75.00 375.00 Operating Analysis-Created the Sensitivity
analysis for the operating expenses. Made all
•
updated and changes needed to the operating
analysis.
Reynolds 08/03/2012 0.50 75.00 37.50 Discussed Operations w/s with Dave bowers for
next weeks.
Higgins 08/03/2012 0.25 325.00 81.25 Follow-ups with Bob Reynolds on drafts of the
operational cash flow analysis previously
circulated to Dave and Carolyn.
Higgins 08/03/2012 0.25 325.00 81.25 Follow-up calls with Mike Lee re:inquiry from
Nancy Heck re: CRC finances and related matters.
Reynolds 08/07/2012 0.25 75.00 18.75 Operations Analysis-Emailed copies of the
operations analysis to Les,Mike,and Karl.
Created copies of the analysis for 8/8/2012
Financial Committee meeting.
Reynolds 08/08/2012 2.50 75.00 187.50 Operations-Made final changes to the operations
worksheet for the finance committee meeting.
Reynolds 08/08/2012 4.50 75.00 337.50 Finance Committee Meeting-attended meeting on
refinancing the debt.
Higgins 08/08/2012 0.50 325.00 162.50 Calls with Mayor Brainard re:information checking
for refinance article for the Indianapolis Star re:
plan of finance and CRC operations.
Higgins 08/08/2012 5.00 325.00 1,625.00 Attend meeting of the Finance Committee re:plan
of finance.
Higgins 08/08/2012 2.00 325.00 650.00 Prepare for the Finance Committee Meeting re:
plan of finance;review schedules and material
with Bob Reynolds.
Reynolds 08/09/2012 4.50 75.00 337.50 Operations Spreadsheet-Created the updates to
the operations spread sheet for the upcoming
financial committee meeting.
Higgins 08/09/2012 1.00 325.00 325.00 Follow-up meeting with Bob Reynolds re:review
and modifications to the proposed presentation.
Higgins 08/09/2012 0.50 325.00 162.50 Follow-up with Bob Reynolds on revisions to
existing and additional documents needed for next
week's City Council Finance Committee Meeting
(operating and non-operating cash flows).
Reynolds 08/10/2012 0.75 75.00 56.25 Operations-Made all of Jims changes to the
operations PowerPoint.
Reynolds 08/13/2012 2.50 75.00 187.50 Debt Listing-Updated the debt summary for the
upcoming Finance Committee meeting for Dave
Bowers.
Reynolds 08/13/2012 1.50 75.00 112.50 Phone Conference -Phone Conference for
Refunding Issuance.
Reynolds 08/13/2012 1.00 75.00 75.00 Operations and non operating analysis(Slide
show)-Updated information to include Mike's
financial information.Made final changes to draft
and emailed to Dave and Carolyn.
London Witte Group,LLC
August 2012 Billing Detail 2 of 5
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 08/13/2012 1.25 325.00 406.25 Calls with Mayor Brainard and Dave Bowers; re:
refinancing and related matters;forward draft
schedule to the Mayor and follow-up with Bob
Reynolds re:same.
Higgins 08/13/2012 1.75 325.00 568.75 Prepare for and participate in a conference call
with the Finance Committee, Bruce, Loren and
Oppenheimer re:revisions to the presentation for
Thursday evening(City Council). Follow-up with
Bob Reynolds re:same.
Higgins 08/14(2012 0.50 325.00 162.50 Follow email traffic on plan of finance project
(refunding/restructure)and related matters.
Carney 08/14/2012 0.25 70.00 17.50 Printed information for JPH meeting.
Reynolds 08/15/2012 3.00 75.00 225.00 Operations Analysis-Worked with Mike to lower
the budget for the operating analysis for Thursdays
finance committee meeting.
Higgins 08/15/2012 1.50 325.00 487.50 Prepare for and participate in a conference call-
plan of finance-restructure/refunding. Follow-up
with Bob Reynolds re: same.
Reynolds 08/15/2012 1.50 75.00 112.50 Researched city and town tax rates per Dave Bowers
request. Started compiling a list of city and town tax rates
for cities and towns with similar population to the City of
Carmel.
Reynolds 08/15/2012 0.75 75.00 56.25 Updated Slide Shows.
Reynolds 08/15/2012 1.25 75.00 93.75 Finance Committee Conference call-attended a
conference call to review the Umbaugh refunding
presentation.
Reynolds 08/16/2012 2.75 75.00 206.25 Attended Finance Committee meeting on
refunding.
Higgins 08/16/2012 3.50 325.00 1,137.50 Prepare for and attend City Council Finance
Committee Presentation-Refinance/Restructure;
follow-ups with CRC Commissioners and Staff
(post meeting).
Higgins 08/16/2012 1.00 325.00 325.00 Email to Bob Reynolds(Carolyn and Dave)re:
suggested changes to the Operating,
Non-operating analysis and related matters;
follow-up call with Bob Reynolds re:same.
Reynolds 08/16/2012 1.25 75.00 93.75 Finalized a listing of the taxing districts in the 10
largest cities for Dave Bowers.
Reynolds 08/16/2012 1.50 75.00 112.50 Operating Analysis-Made all final changes to the
Operating analysis for the finance committee
meeting.
Reynolds 08/16/2012 2.00 75.00 150.00 Energy Center Project-Had discussions with
Mike to calculate data for the chart. Obtained all
Energy Center payments, and entered info in the
chart.Created an analysis showing the costs to
power the city buildings based on assumptions.
Higgins 08/16/2012 2.00 325.00 650.00 Follow-ups with Bob Reynolds on presentation
items for City Council Finance Committee;review
near final presentation;follow-up with Bob
Reynolds re: last minute changes.Prepare for
meeting/presentation.
Reynolds 08/16/2012 0.25 75.00 18.75 Finance Committee meeting-made all copies of
documents for Finance committee meeting,put
the presentation on a flash drive.
Higgins 08/21/2012 0.25 325.00 81.25 Follow-up with Dave Bowers re: inquiry form
Community Bank re:Party Time loan and related
matters.
Reynolds 08/23/2012 0.25 75.00 18.75 Sent Mike LOC spreadsheet.
London Witte Group, LLC
August 2012 Billing Detail
Carmel Redevelopment Commission 3 of 5
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 08/24/2012 1,00 325.00 325.00 Review and comment on the draft debt summary
as prepared by Mike Lee for the City Council.
Follow-up with Mike and Bob Reynolds with initial
comments.
Higgins 08/28/2012 0.50 325.00 162.50 Review and comment on revised debt schedules
as prepared and circulated by Mike Lee.
Reynolds 08/28/2012 0.25 75.00 18.75 Refunding-Answered Ryan's questions on
Refunding.
Reynolds 08/29/2012 0.25 75.00 18.75 Refinance-Discussed the items needed for the
refinance with Ryan Wilmering.
Higgins 08/30/2012 0.25 325.00 81.25 Follow-up with Lucl Snyder and Rick Sharp re:
coverage/defaults on the COPs and 2013 forecast
numbers-follow-up with Bob Reynolds on the
forecast.
Higgins 08/31/2012 0.25 325.00 81.25 Follow-up with Mike and Bob re:items needed for
the City Council Finance Committee(2013
Forecast)and list of properties owned.
Higgins 08/31/2012 0.50 325.00 162.50 Additional follow-ups with Mike Lee and Bob
Reynolds re:items for Tuesday's Finance
Committee Meeting and related matters.
67.50 11,373.75 Subtotal-Financial Advisory-Finance Committee
Higgins 08/02/2012 0.25 325.00 81.25 Follow-up with Lori Danford(SBOA)on receipt of
the legal representation letter.
Higgins 08/06/2012 0.25 325.00 81.25 Emails to Bill Hammer and Dave Bowers re: exit
conference comments and related matters.
0.50 162.50 Subtotal-Financial Advisory-Audit
Reynolds 08/06/2012 0.75 75.00 56.25 Financial Dashboard-Updated the Check
Register and updated the Financial summary.
Reynolds 08/07/2012 4.00 75.00 300.00 Financial Dashboard-Finished Bank
reconciliation for the financial dashboard. Updated
all items of the Financial dashboard for the month
of July.
Reynolds 08/08/2012 1.50 75.00 112.50 Updated the bank statement and financial
summary to reflect held checks by Mike.
Higgins 08/10/2012 1.00 325.00 325.00 Follow-ups with Mike Lee and Bob Reynolds re:
dashboard,cash flows, lines of credit and related
matters.
Reynolds 08/10/2012 3.00 75.00 225.00 Financial dashboard-reviewed mikes forecast
and reconciled dashboard. Made all final changes.
Reynolds 08/17/2012 2.00 75.00 150.00 Financial Dashboard-Updated the dashboard so
it could print to 11X17 for Sue.This involved
resetting print preferences for all documents and
reprinting documents.
Higgins 08/17/2012 0.25 325.00 81.25 Follow-ups with Mike Lee and Bob Reynolds re:
items for distribution to City Council and related
matters.
12.50 1,250.00 Subtotal-Financial Advisory-Financial Dashboard
Higgins 08/06/2012 0.25 325.00 81.25 Retrieve and review the July 2012 Star Account
Statement-scan and forward to Mike Lee and
Bob Reynolds.
London Witte Group, LLC
August 2012 Billing Detail 4 es
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Higgins 08/09/2012 0.25 325.00 81.25 Review and sign claims and checks couriered from
Mike Lee;send documents back with courier.
Reynolds 08/09/2012 2.00 75.00 150.00 Account Ledgers-Set up account ledger for
Harris Bank and updated the Star Bank account
ledger.Also prepared bank recs for both accounts.
Reynolds 08/14/2012 0.25 75.00 18.75 Sent out IPC listing and emailed debt listing to
Carolyn.
Higgins 08/15/2012 1.00 325.00 325.00 Prepare for CRC monthly meetings,arrive early to
review/approve claims and sign checks.
Higgins 08/15/2012 0.75 325.00 243.75 Attend CRC regular monthly meeting.
Higgins 08/15/2012 1.50 325.00 487.50 Attend a post-regular meeting continuation of the
Executive Meeting of the CRC.
Higgins 08/15/2012 1.25 325.00 406.25 Attend pre-regular meeting Executive Session of
the CRC.
Haase 08/15/2012 1.00 75.00 75.00 Made changes to TIF register regarding the allocations
of developer bond payments due to timing.
Higgins 08/21/2012 0.25 325.00 81.25 Review and sign claims and checks as forward by
Mike Lee(via Courier)-Courier waiting.
Reynolds 08/21/2012 0.50 75.00 37.50 Developer Bonds-Created a listing of information
needed from clerk treasurers office.
Reynolds 08/21/2012 0.25 75.00 18.75 Followed up with Mike on projects.
Higgins 08/24/2012 0.25 325.00 81.25 Review and sign a replacement check for golf cart
rental as provided by Don Cleveland. Forward the
check to the vendor, return the original documents
to Don.
Higgins 08/24/2012 0.50 325.00 162.50 Review and approve claims,sign checks for utility
bills as provided by Don Cleveland. Forward
checks to vendors,return claims to Don;follow-up
emails to Don and Mike re:same.
Carney 08/24/2012 0.25 70.00 17.50 Mailed out payables;mailed receipts to Don
Cleveland, per Jim.
Hancock 08/28/2012 2.40 Postage.
Higgins 08/29/2012 0.25 325.00 81.25 Receive notification of the rent checks for the
James Building-follow-up with Mike, Don and
Bob re:same.
Higgins 08/29/2012 0.50 325.00 162.50 Review and follow-up on an email from Standard
and Poor's(through Les/Matt)concerning the
availability of the City's 2011 Audit Report.Check
State Board of Account's website for recent
releases.Follow-up with Standard&Poor's re:
same.
11.00 2,513.65 Subtotal-Financial Advisory-General
Reynolds 08/01/2012 1.00 75.00 75.00 Arts District-Looked over Rich Starky's question
for the Arts District.Researched to see if there
were any collections prior to 2011,there were not.
Reynolds 08/06/2012 0.50 75.00 37.50 Correspondence-Uploaded variance audit files to
document.
Reynolds 08/06/2012 0.50 75.00 37.50 Developer Bonds-Contacted Mike to see if he
had Trust statements for the parkwood bonds.
Then contacted Donna Short at BNYM to get the
statements.
Reynolds 08/10/2012 1.00 75.00 75.00 Developer Bonds-Started setting up spread
sheet for developer bonds.
Haase 08/13/2012 4.00 75.00 300.00 Completed input of July debt and developer bond
information into the TIF register. Reconciled entries to
make sure all pages of the register agreed.
London Witte Group,LLC
August 2012 Billing Detail 5 of 5
Carmel Redevelopment Commission
1002.004
Hourly
Employee Date Hours Rate Invoice Memo
Reynolds 08/14/2012 0.50 75.00 37.50 TIF Register-Reviewed Mandy's work of the TIF
Register.
Haase 08/14/2012 0.75 75.00 56.25 Finalized review of information and reconciliation of
register before giving to Bob Reynolds for his review.
Reynolds 08/14/2012 1.25 75.00 93.75 Discussed with Dave Bowers Refunding listing
and went over the impact of$1,000,000 of
additional levy to the city of Carmel ,and contacted
Umbaugh to find out if they have started working
on this analysis,also sent Dave B.an updated
debt listing.
Haase 08/16/2012 2.25 75.00 168.75 Made all final review changes for TIF register.
Reynolds 08/16/2012 0.50 75.00 37.50 Energy Center Analysis-discussed with Carolyn
how to put together the energy center analysis.
Reynolds 08/20/2012 4.50 75.00 337.50 After review of Amanda Haase work, updated TIF register
format in order to reconcile timing differences of TIF monies
received and disbursed for developer bonds.
Reynolds 08/22/2012 2.50 75.00 187.50 Developer Bonds-created a register beginning January 1,
2011 to track all activity in the 2006 Parkwood bonds debt
service account. input information so register would be
current.
Higgins 08/23/2012 0.25 325.00 81.25 Follow-up call with John Alexander(Regions
Trust)re:document amendments on the Arts&
Lofts financing and related matters.
Reynolds 08/29/2012 1.00 75.00 75.00 Developer Bonds-Updated Developer bond
sheets to include surplus account. Looked up
redemption information.
20.50 1,600.00 Subtotal-Financial Advisory-TIF
Reynolds 08/14/2012 0.50 75.00 37.50 Looked over Installment contracts sent from Jenny
Shoup,and discussed them with Mike Lee.
0.50 37.50 Subtotal-Financial Advisory-Budgets
Reynolds 08/07/2012 0.25 75.00 18.75 Developer Bonds-Emailed Mark Hudson to
receive the most recent Trust statement for the
Merchant Square Bonds.
Reynolds 08/08/2012 1.00 75.00 75.00 Developer Bonds-Reviewed trust statements
received from Donna Short in order to start
building a ledger for the park wood bonds.
Reynolds 08/13/2012 2.50 75.00 187.50 Harris Bank Debt Coverage Calculations-
Prepared Debt coverage calculations for BMO
Harris Bank.
3.75 281.25 Subtotal-Financial Advisory-Special Projects
116.25 17,218.65 Total Invoice
Summary: 15,337.40 Operating
1,881.25 Non-Operating
17,218.65 Total
Prescribed by State Board of Accounts City Form No.201(Rev.1995)
ACCOUNTS PAYABLE VOUCHEf
CITY OF CARMEL /7 ,y'pes-wrS 1o)?
ot, 7/J/1 S/
An invoice or bill to be properly itemized must show: kind of service, where perfc p,1,,7 by
74r ' ,p'' by
whom, rates per day, number of hours, rate per hour, number of units, price per
E-91co,c- /14 la 1-7
Payee G'Lof/A-05
0,://44.2 6:VO0/4 Purchase Order Imo.
1776 /v.4-/ / Sf% , Terms
7-e_i 4/z2O2 Date Due
Invoice Invoice Description Amount
Date Number (or note attached invoice(s) or bill(s))
2/)0//2 25 9/ ' /9 4', --,7 ;77
S.3e/ (2 _15-q/L (3 pa), Op�ryf,ioy 1 )2 5.00
•
Total /// 98 7-5°
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.
I0'- , 20 IZ
-Treasurer
VOUCHER NO. WARRANT NO.
'ALLOWED 20
o*dvn /4' �rO qo y �,,, IN SUM OF $
17 7 g /�.�vr�`o�Gf7 S/�f r- 5?
/"?‘)/07q, /i S /l J 4�2O`l
$ // 2 7.5O
ON ACCOUNT OF APPROPRIATION FOR
90�
Board Members
PO#or INVOICE NO. ACCT#/TITLE AMOUNT hereby certify invoice(s),
DEPT.# I hereb certi that the attached invoices ,
92 254/1)/ S 3,/0300 /O,t>62,5O or bill(s) is (are) true and correct and that
;4.5- g ”,c)300 Ii/25a) the materials or services itemized thereon
for which charge is made were ordered and
received except
/O - Z 20 /z
Signature
Executive Director
Title
Cost distribution ledger classification if Carmel Redevelopment Commission
claim paid motor vehicle highway fund
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
`1 7176/ `(2." ( ,- 7 Purchase Order No.
/776 5'7`,/5-6,/71,='5-60 Terms
/H i c)-/ q/ev 7/ /ti 2/6 2G2 Date Due
= Invoice Invoice Description Amount
Date Number yy�J (or note attached invoice(s) or bill(s))
R g/-/ �r�2 2 ✓ 3/ / v e. /L - /
s�rv�r g CP��Y/.i (/
5 37740
Ua-r.9-4 /g-e/- 23-
)
Total / 72/8-6s
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.
10—Z , 20 I2 —
Treasurer
VOUCHER NO. WARRANT NO.
•
ALLOWED 20
Zoife/e)fr. IN SUM OF $
/77G V. Sf,, 5c
/r, i�y,a/,; //v '14 22 •
•
$ /7/ 2/ c?- 65
ON ACCOUNT OF APPROPRIATION FOR
9'
Board Members
PO#or INVOICE NO. ACCT TITLE AMOUNT
DEPT.# #/ I hereby certify that the attached invoice(s),
qoZ 2533/ 3 ya..3Gv % 7216'-0- or bill(s) is (are) true and correct and that
the materials or services itemized thereon
for which charge is made were ordered and
received except
9—// 20 tz
Signature
Executive Director
Title
Cost distribution ledger classification if Carmel Redevelopment Commission
claim paid motor vehicle highway fund