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Legacy TIF Draw 16 042115
FALCON NEST II , LLC April16, 2015 Diana L.Corday cony* clerk Treasurer ( 17)5714414 Via E-mail: be,.orciray@cannoi.inocy.,. 09,tav,lorOstarflhatiChildifii ' • • .. Re: Legaby TIP-!brow tie pear Diana: .Attathad.Oleeie:rihd the Legacy:1W draw for the month If everything is imorder, please:'sign the:Request fothisbursement.Form and,forward thts••draw:tothe Trustee. Also attached is a budget sheet that will track ail costs to date. Please let me know if you have any que 'ors. Sincere ., • gkOj Zir* :IVIerabar.of SA C 1356 BEVERLY RD SUITE 250 MCLEAN, VA •22101 • PHONE; (703) 893-7233 • FAX: (703) 893-5267 STATEMENT NO. 16 REQUESTING DISBURSEMENT OF FUNDS FROM PROJECT FUND PURSUANT TO SECTION 4.3 OF THE TRUST INDENTURE BETWEEN THE CITY OF CARMEL, INDIANA AND REGIONS BANK,AS TRUSTEE Pursuant to Section 4.3 of the Trust Indenture (the"Indenture") dated as of December 1, 2013, between the City of Carmel, Indiana (the "Issuer") and Regions Bank (the"Trustee"),the undersigned, as the Authorized Representative (as defined in the Indenture) of the Company, hereby requests and authorizes the Trustee, as depository of the Project Fund created by and us defined in the Indenture to pay to the Company or to the person(s) listed on the Disbursement Schedule attached hereto out of the moneys on deposit in the Project Fund, the aggregate sum of $1,568.43 to pay such person(s) or to reimburse the Company in full, as indicated in the Disbursement Schedule,for advances,payments and expenditures made by it in connection with the items listed in the Disbursement Schedule. In connection with the foregoing request and authorization, the undersigned hereby certifies that: (a) the costs of an aggregate amount set forth in this written request have been made or incurred and were necessary for the construction of the Project and were made or incurred in accordance with the construction contracts, plans and specifications, or purchase contracts therefor then in effect or that the amounts set forth in such written request are for allowable Costs of Construction of the Project; (b) the amount paid or to be paid; as.set'forth in this written request, is reasonable and represents a part of the amount payable for the Costs of Construction of • the Project all in accordance with the cost budget; and that such payment was not paid in advance of the time,if army.,fixed for payment and was made in accordance with the terms of any contracts applicable thereto and in accordance with usual and customary practice under existing conditions; (c) no part of said costs was included in any written request previously filed with the Trustee under the provisions hereof;and (d) such costs are appropriate for the expenditure of proceeds of the Bonds under the Act. This statement and all exhibits hereto, including the Disbursement Schedule, shall be conclusive evidence of the facts and statements set forth herein and shall constitute full warrant, protection and authority to the Trustee for its actions taken pursuant hereto; and This statement constitutes the approval of the Company of each disbursement hereby requested and authorized. 7 y authorized representat vc of the Coo parry has set his hand�tslr f the � I S a al�lZk.Of', e authors............. 204c Pursuant to Section 4.3 of the Indenture the foregoing disbursement request is hereby FALCON NEST I1 LLC; an Indiana limited liability company By: SALT,LLC,Mernbe By: _,G ---_ Rajai Zumot,Met er. of SALT, LLC approved: , ary OF CARMEL I IANA F i Tana 1.,Cordray,IAMC,Clerk- 4t urer 1 1 i . f 2 Legacy TIFDraw ...., ....._. _...... _ ....... . Application No.. 16 Application Date: : 16.Ap1-15 Prepared By . Kathy Tekulve ..„. Telephone No ;317) 863-2052 • Amount: I $ 156843J ! : Reference or Total Retainage Invoice Work This , Invoice Code Contractor/Payee Number Completed . Period Amount 2 Nelson & Frankenberger 45657 $ 283 50 $ - . $ 283.50 Nelson & Frankenberger , 46131 $ 383 50 $ - S 383.50 • • $ 667.00 : $ - $ 667.00 . _ .. . 8 Weihe Construction 4050 $ 880.00 $ (88.00) $ 792.00 $ 880 00 $ (88 60) $ 792 00 . ..__ .. . . _. Management Fees 1084 . $ 116,03 $ (6.60) $ 100.43 $ 116.03 $ (660) $ 100 43 _ . Total ' S 1,663.03 $ (94.60) $ 1,568 43 0 • ; loll PLATINUM PROPERTIES MANAGEMENT COMPANY, LLC INVOICE 1084 April 16, 2015 Zumot Real Estate Management, Inc. rzumot @zumot.net Falcon Nest II, LLC 1356 Beverly Road Suite 300 McLean, VA 22101 Re: Development Service Fees- The Legacy TIF Draw Summary of April 2015 Construction Costs: Nelson & Frankenberger $ 667.00 Weihe Construction, Inc $ 792.00 Total Monthly Costs $ 1,459.00 Development Fee @ 7.5% $ 109.43 Please remit payment to: Platinum Properties Management Company, LLC 9757 Westpoint Drive,Ste 600 Indianapolis, IN 46256 9757 Westpoint Drive,Suite 600, Indianapolis, IN 46256 (317) 818-2900 NELSON & FRANKENBERGER A PROFESSIONAL CORPORATION 3105 EAST 98TH STREET, SUITE 170 INDIANAPOLIS, INDIANA 46280 PHONE: 317-844-0106 FACSIMILE: 317-846-8782 March 11, 2015 Falcon Nest II, LLC c/a Platinum Properties,Attn: Kathy Tekulve 9757 Westpoint Drive, #600 Indianapolis, IN 46256 INVOICE Matter ID: FALCON-0028 ROW Dedication invoice#45657 Federal ID# 35-1442210 For Professional Services Rendered: 02/02/2015 cdf Email-K.Wenger with instructions on revised deed 0.30 hr $88.50 02/09/2015 jcd Work on deed of dedication for Conner Prairie 0.50 hr $97.50 02/25/2015 jcd Follow up re: Conner Prairie deed acceptance 0.20 hr $39.00 02/26/2015 jcd Follow up re:deed for Conner Prairie/River road 0.30 hr $58.50 Total Professional Services: $283.50 INVOICE SUMMARY Producer Role Rate Hours Amount Charlie Frankenberge PARTNER $295.00 0.30 $88.50 Jon Dobosiewicz Land Use Professional $195.00 1.00 $195.00 For Professional Services: 1.30 Hours .$283.50 `\ Total Due: ! $283.50, ) Balance in Trust: $0.00 Balance in Retainer: $0.00 er,? a' I _ J Page 1 NELSON & FRANKENBERGER A PROFESSIONAL CORPORATION 3105 EAST 98TH STREET, SUITE 170 INDIANAPOLIS, INDIANA 46280 PHONE: 317-844-0106 FACSIMILE: 317-846-8782 April 09, 2015 Falcon Nest II, LLC do Platinum Properties,Attn: Kathy Tekulve 9757 Westpoint Drive,#600 Indianapolis, IN 46256 INVOICE Matter ID: FALCON-0028 ROW Dedication Invoice#46131 Federal ID# 35-1442210 For Professional Services Rendered: 03/09/2015 cdf Email-Conner Prairie requesting invoice and attaching record stamped deed 0.30 hr $88.50 03/09/2015 cdf Review recorded Conner Prairie deed 0.20 hr $59.00 03/09/2015 cdf Review and reply to C. Kaiser for request of another copy of deeds 0.30 hr $88.50 03/09/2015 cdf File maintenance 0.20 hr $59.00 03/12/2015 cdf Emails to and from Conner Prairie and review invoices 0.30 hr $88.50 Total Professional Services: $383.50 INVOICE SUMMARY Producer Role Rate Hours Amount Charlie Frankenberge PARTNER $295.00 1.30 $383.50 For Professional Services: 1.30 Hours $383.50 Total Due: f'"$383.50 Balance in Trust: $0.00 Balance in Retainer: $0.00 ///k/� Lk! Page I g si.„, t.,;)„,,,.-Al_ Document G702" — 1992 Application and Certificate for Payment TO OWNERplatinum Properties PROJECT: Cherry Tree Blvd Widenine/Curb APPLICATION N•1{050 Distribution to: 9757 Westpoint Drive PERIOD TO: Suite 600 OWNER CONTRACT FOR: Indianapolis„IN 46256 ARCHITECT FROM CONTRACTOR: Weihe Construction,Inc. VIA ARCHITECT: CONTRACT DATE: CONTRACTOR ❑ 15215 Stony Creek Way PROJECT NOS201482-01 / / Noblesville,IN 46060 FIELD ID OTHER ❑ CONTRACTOR'S APPLICATION FOR PAYMENT The undersigned Contractor certifies that to the best of the Contractor's knowledge, information Application is made for payment,as shown below,in connection with the Contract and belief the Work covered by this Application for Payment has been completed in accordance App Document made for,Continuation Sheet,is attached, with the Contract Documents, that all amounts have been paid by the Contractor for Work for which previous Certificates for Payment were issued and payments received from the Owner,and 1.ORIGINAL CONTRACT SUM $ 45,983.00 that current payment shown herein is now due. 2.NET CHANGE BY CHANGE ORDERS $ 880.00 CONTRAC •::Weihe Co f ction,Inc. /, 3.CONTRACT SUM TO DATE(Line I t 2) S 46.$63.00 BY R7trri Date: %2('1 I lq_ 4.TOTAL COMPLETED&STORED TO DATE(Column G on G703) $ 46,863,00 State of:Indiana , 5.RETAINAGE: County of: lOLn l r' a•0.19 %of Cprtipleted Work Subscribed and sworn to before I' (Columns D E on G703) $ 88.00 me this 'b[ day of L le_ . b. _�/n of Stoned 3vlatcrial TC } _ (Column Ton 0703) $ Notary Public:�`1(\,j (AUK/ My commission expires: Total Rerainage(Lines 5a+56.or Total in Column I of 0703)...... $ 88.00 i'3 I-2-13l�J b.TOTAL EARNED LESS RETAINAGE - $ 46,775.00 ARCHITECT'S CERTIFICATE FOR PAYMENT (Line 4 minus Line 5 Total) In accordance with the Contract Documents,based on on-site observations and the data comprising 7.LESS PREVIOUS CERTIFICATES FOR PAYMENT . $ 45.983,00 this application,the Architect certifies to the Owner that to the best of the Architect's knowledge, (Line 6 from prior Certificate) information and belief the Work has progressed as indicated, the quality of the Work is in accordance with the Contract Documents, and the Contractor is entitled to payment of the 8.CURRENT PAYMENT DUE I$ 792 00 AMOUNT CERTIFIED. 9.BALANCE TO FINISH,INCLUDING RETAINAGE $ :,j 4-- (Line 3 minus Line 6) AMOUNT CERTIFIED ) S 88.00 (Attach explanation if amount certified d/,fers from the amount applied.Initial ail figures on this Application and on the Continuation Sheet that are changed to conform with the amount certified.) CHANGE ORDER SUY ADDITIONS DEDUCTIONS ARCHITECT: 1 Total changes approved in previous months by Owner $ $ By: ., . Date: i �Jifft Total apprlyet tftlis ynonth $ $ -- This Certificate is not negotiable.The AMOUNT CERTIFIED is payable only l to the Contractor �,. TOTAL $ $ named herein.Issuance,payment and acceptance of payment are without prejudice to any rights of NET C3ANGBS by Chan:e Order $ the Owner or Contractor under this Contract, CAUTION:You should sign an original AIA Contract Document,on which this text appears in RED.An original assures that changes will not be obscured. . AMA Document G702" —1992.Copyright©1953.1953,1965,1971,1978,1983 and 1992 by The American institute of Architects,All rights reserved.WARNING:This Ale Document Is protected by U.S.Copyright Law and International Treaties.Unauthorized reproduction or distribution of this AIAe Document,or any portion of ft,may result in severe civil and criminal penalties,and win be prosecuted to the maximum extent possible under the!av%rvo, aser are permitted to reproduce tan(10)copies of this document when completed.To report copyright violations of AIA Contract Documents,e-metl The American Institute of Architects'legal counsel,copyripht®aia.org. APPLICATION FOR PAYMENT PROJECT NAM Legacy TIF-Cherry Creek Blvd and Cherry Tree Road Improvements {(s , OWNER: Falcon Nest 0,LLC CONSTRUCTION MANAGER: Platinum Properties Mgmt Co.,LLCCONTRACTOR:Weihe Construction INVOICE NO 4050 CONTACT: Rajai Zumot CONTACT:Tim Waller CONTACT:Alan Small APPLICATION DATE: 3/31/2015 ADDRESS: 1356 Beverly Road,Suite 300 ADDRESS:9757 Westpoint Drive,Suite 600 ADDRESS:15215 Stony Creek Way RETAINAGE: 190,%� = i McLean,VA 22101 Indianapolis,IN 46258 Noblesville,IN 46060 APPROVED BY: 4 . Phone: Phone:(317)518-2900,,590-551704) Phone:317-776•29661o),776-3050(11, DATE: >,p> A B Cl Ce D E f F G H=E+F+G 1=HJD J K L=J+K M=0-H+L N 't. ;3 Project Cost Work Description Unit Scheduled Work Completed Materials Total Completed % Previous+ Retainage Total BAL.TO Net Pay Code_ Code Price _ Value Previous Thls Stored And stored To Date Comp{. Retainage This Period _ Retained _ PAY _ This Month Legacy TIF-Cherry Creek Blvd and Merry Tree Road Improvements _gy TiF 8a Roll Curb and Gutter $10.7511f $1,967.25 $1,967.25 $1,967.25 l00% $196.73 $196.73 $196.73 .gy71F 8a Chairback Curb and Gutter $8.70IIf $43,752.30 $43,752.30 $43,752.30 100% $4,375.23 $4,375.23 $4,375.23 _gy Tit, 15b Maintenance Bond NA $263.45 $263.45 CO#1-Streamside Or Sidewalk Irgy T tF 8b Sidewalk and ADA Ramp NA $880.00 $880.00 $880.00 $88.00 $88.00 $88.00 $792.00 TOTAL _ $46,863.00 $45,719.55 $880.00 $46,599.55 99% _$4,571.96 $88.00 $4,659.96 $4,923.41 $792.00 CONTINUATION SHEET AIA DOCUMENT G703 (instructions on reverse side) PAGE OF PAGES ALA Document G702, APPLICATION AND CERTIFICATE FOR PAYMENT, APPLICATION NO.: containing Contractor's signed Certification, is attached. APPLICATION DATE:4050 In tabulations below, amounts are stated to the nearest dollar. PERIOD TO: 12/31/2014 Use Column I on Contracts where variable rerainage for line items may apply. ARCHITECT'S PROJECT NO.: A H C D E F G H I WORK COMPLETED MATERIALS TOTAL I BALANCE ITEM SCHEDULED PRESENTLY COMPLETED RETAINAGE DESCRIPTION OF WORK FROM PREVIOUS STORED AND STORED NO' VALUE APPLICATION . THIS PERIOD (NOT IN TO DATE (G C) FINISH (IF VARIABLE) (D + E) 0 OR E) (D+E+F) (C—G) RATE) 01-00 Roil Curb and Gutter 1,967.25 1,967.25 1,967.25 100.00 02-00 Ohairback Curb and Gutter 43,752.30 43,752.30 43,752.30 100.00 01-00 Maintenance Bond 263.45 263.45 263.45 100.00 CO-01 Install sidewalk&ADA ramp 880.00 - 880.00 880.00 100.00 88.00 1 1 :atalc Ar',R ' nn AC\QaR nn - Plan nn 41.RFIKI 00 100.00 88.00 NA DOCUMENT 6703•CONTINUATION SHEET FOR G702• 1992 EDITION-AIAA • 01992•THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK •,.1'l4 AVENUE,N.W.,WASHINGTON,DC 20006.5292•WARNING:Unlicensed photocopying violates U.S.copyright laws and will sagest the violator to legalproaeeutiorl. G703-1992 li r<: CAUTION:You should use an original AlA document which has this caution printed In red-An original assures that changes will not be obscured as may occur when documents are reproduced. APPLICATION FOR PAYMENT AND FINAL RELEASE OF LIEN Subcontractor or Supplier Name Wethe Construction,Inc. Subcontractor or Supplier Address Noblesville,IN 46060 Phone (3V)776-2966 Type of Service Furnished Construction Construction Cost Division Number Project(Building Number) Cherry Tree Blvd Widening Owner Platinum Propertes Application Number 4050 Data 12/1/2014 Period From 12/1/2014 To 12/30/2014 Original Contract Sum $ 45,983.00 Net Change by Approved Change Orders $ 880.00 Contract Sum to Date $ 46,863.00 Total In-Place Work Completed.,. $ 46,863.00 — Value of Material Stored on Site $ Total Earned to Date $ 46,863.00 Retained Percentage » $ 88.00 Total Earned Less Retainage $ 46,775.00 Less Previous Certiitwtes for Payment.. $ 45,983.00 Current Payment Due $ 792.00 The undersigned hereby certifies that the amount Earned and Due the Undersigned for all materials,supplies furnished,and labor and services of every nature performed by the Undersigned for the use on or in connection with the above named Project. 1) Has been paid In full as per shown(except Amount Due as listed below)through the above-mentioned pay period;and 2) The Undersigned hereby warrants that the premises of the above-named job cannot be made subject to any valid lien or claim by anyone who furnished materials,supplies, labor or services to the Undersigned for use in the above-named Project;and 3) The Undersigned hereby waives any and all claims of whatsoever kind or nature against the General Contract,and the Owner,and against the building(s),improvements or Project,and the land on which same is located for any labor,materials,or supplies furnished or services performed through the above-mentioned pay period. This release is given in order to induce payment in the Amount Due of$ $ 792.00 and on receipt of Amount Due by the Undersigned,this release as to the Amount Due becomes valid,enforceable and of full effect. Upon attachment of the legal description of the Project,the release my be recorded by the Owner or Mortgagee of the Project. Notwithstanding the foregoing,the Undersigned does hereby unconditionally waive and release any and all liens or rights to liens upon the premises,Improvements thereto,or monies due in connection therewith, with respect to monies due the Undersigned for previous payment requests in the total sum of $ 792.00 ,the receipt and sufficiency of which Is hereby acknowledge. Dated this 31 day of Dec _ 2014 Weihe Construction,Inc. (Sutxontramor or Suppler Name) State of Indiana ) By: ) 55: (Undersigned) County of Hamilton ) Title: tilt/Safety Director Before me,a Notary Public In and for said County and State,this 31 day of Dec 2014, personally appeared Brian Nifong known to me to be Hit/Safety Director of the Undersigned who acknowledge the execution of the foregoing for and on behalf of the Undersigned. wl1NESS my hand and Notarial Seal. Dated this 31 day of Dec 2014 My commission expires: Oct.2015 1 Al / h(-L�✓ Notary Public My county of residence is: 11 milton Michelle Garda (Printed)