227202 12/17/2013 CITY OF CARMEL, INDIANA VENDOR: 060000 Page 1 of 1
ONE CIVIC SQUARE CARMEL UTILITIES CHECK AMOUNT: $7,440.00
CARMEL, INDIANA 46032 WATER 8 SEWER UTILITIES
<? CARMEL IN 46032
„oao CHECK NUMBER: 227202
CHECK DATE: 12/17/2013
DEPARTMENT ACCOUNT PO NUMBER INVOICE NUMBER AMOUNT DESCRIPTION
1801 4352500 31537 91222 7, 440 . 00 RENT AUGUST—DECEMBER
CARMEL UTILITIES INVOICE
760 Third Avenue SW
Carmel, IN 46032 DATE INVOICE #
Phone: 317/571-2443 11/4/20131 91222
Fax: 317/571-2265
BILL TO:
Carmel Redevelopment Department/Commission
QUANTITY DESCRIPTION RATE AMOUNT
(Rent for August 2013 $2,860.00
Rent for September 2013 $2,860.00
Rent for October 2013 $2,860.00
Rent for November $2,860.00
Total Rent $11,440.00
(less $1,000 credit per month for
August, September, October, November of
2013 per Article 2, Section 2.1 of Lease Agreement $ (4,000.00)
TOTAL $7,440.00
Please remit to Carmel Utilities.
Lease Agreement
This Lease Agreement (the "Lease") is made as of the II day of 4� ;2013(the "Lease Date"), between E. Lurie, LLC, an Indiana limited liability c nr (the
"Landlord"), and the City of Carmel, Indiana, by and through its Board of Public Works and
Safety (the "Tenant").
In consideration of the rent to be paid, the national reputation among art collectors of
Evan Lurie and the Lurie Gallery located on the first floor of the Building (the "Lurie
Gallery"), Evan Lurie's commitment to the City of Carmel and the revitalization and growth
of the Arts and Design District, and the promises and obligations of Landlord and Tenant
under this Lease, it is agreed as follows:
zn
Article 1. LEASE OF PREMISES
Landlord hereby leases to Tenant and Tenant hereby leases from Landlord
approximately 6,372 square feet of space located on the second floor of the Lurie Building
(the "Building"), located at 30 W. Main Street, Carmel, Indiana, as legally described and
graphically illustrated on Exhibit A (the "Premises") together with the right to use all
Common Areas being all public areas in the Building, including but not limited to restrooms,
lobbies, stairwells and elevators on the first and second floors.
Article 2. TERM
Section 2.1. Term Commencement Date and Option to Extend
Subject to Tenant's receipt of all necessary municipal, governmental or other required
approvals and consents and permits (including, but not limited to, building permits) and
Tenant's ability to begin construction of the Tenant Improvements (as defined herein)
(collectively the "Commencement Date Conditions"), the term of this Lease (the "Term")
shall begin on August 1, 2013 (the "Commencement Date "), and shall end on January 31,
2018 (the "Termination Date"). The Commencement Date shall be extended until such time
as the Commencement Date Conditions are satisfied and the Termination Date shall be
extended for the same period of time. Landlord currently leases a portion of the Premises to
the City of Carmel Redevelopment Commission ("CRC") pursuant to a Lease Agreement
dated September 8, 2008, as amended (the "Expiring Lease"), which expires September 30,
.2013. Landlord agrees that the Expiring Lease shall terminate on the earlier of (i) the
Commencement Date; or (ii) September 30, 2013. Landlord further agrees Landlord shall
enter into an agreement with the CRC and/or the City of Carmel with respect to Landlord's
obligation to pay CRC the Tenant Improvement Allowance as provided in Section 7.2 of the
Expiring Lease in the amount of$59,500.00. Such Tenant Improvement Allowance shall be
a credit against rent due under this Lease, to be applied against the monthly rent installments
in the amount of$1,000.00 per month until the last month of the original Term when a credit
equal to the remaining due but unpaid balance of the Tenant Improvement Allowance shall
be applied as a credit against the monthly rent due in the last month of the original Term.
Notwithstanding any other provision of this Lease, all payment obligations of the
Tenant pursuant to this Lease shall be subject to annual appropriation by the fiscal body
governing the Tenant or other appropriate Fiscal body.
Notwithstanding the foregoing, Landlord hereby grants to Tenant an option to extend
the terns for two (2) successive, four (4) year periods (each an "Extension Term"). Each
Extension Term, if exercised, shall be (i) upon the same terms and conditions contained in
the Lease for the initial term except for this provision giving the renewal option and rent; and
Prescribed by State Board of Accounts ACCOUNTS PAYABLE VOUCHER City Form No.201(Rev.1995)
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
t I a
�r`'h� ' 1 fi i I( �I N 5 Purchase Order No.
Terms
Date Due
Invoice Invoice Description Amount
Date Number (or note attached invoice(s) or bill(s))
— = 1.2- Q o+ or fiq5q4A- r u h mveA 7, 440.vo
Total , 4L 0,00
I hereby certify that the attached invoice(s), or bill(s), is (are) true and correct and I have audited same in accordance
with IC 5-11-10-1.6.
20
Clerk-Treasurer
VOUCHER NO. WARRANT NO.
( ALLOWED 20
IN SUM OF $
ON ACCOUNT OF APPROPRIATION FOR
14352-50
Board Members
PO#or INVOICE NO. ACCT#/TITLE AMOUNT
DEPT.# I hereby certify that the attached invoice(s), 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
-20 1
fit\ Sin ure
�
Cost distribution ledger classification if Title
claim paid motor vehicle highway fund