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Financial June 2012June 2012 CARMEL REDEVELOPMENT COMMISSION Financial Information Packet For the Month Ending June 30, 2012 Carmel Redevelopment Commission Financial Packet Table of Contents Schedule Section Schedule 1- Budget Year 2012 Monthly Projections and Results - Combined 1 Budget Year 2012 Monthly Projections and Results - Non Operating 1A Budget Year 2012 Monthly Projections and Results - Operating 1B Revenue Budget Analysis 1C Expenditure Budget Analysis 1D Summary of Cash and Cash Rights 1E Schedule 2 - Debt Summary 2 Additional Information 2A Developer Bonds 2B Schedule 3 - 4CDC Grant Obligations 3 Schedule 4 - Installment Purchase Contract Summary 4 Mercantile $10,000,000 Contract 4A National Bank of Indianapolis $10,000,000 Contract 4B Regions Bank $25,000,000 Contract 4C Regions Bank $10,000,000 Contract 4D Appendix A - Analysis of TIF Collections Analysis of Spring 2012 TIF Collections Analysis of Annualized 2011 TIF Collections and Disbursements A -1 A -2 arrnel Re evv1,,,rnent CommiAon Rtiti¢o rear 2012 M hly Projection,. • Nen Orwatna For month endIng lu 3C, 2012 Aettul 4.141 Attaal /Wk. AO. r,,,,,,,,71,10 1,101ITIM RIVOSEIML, M.,. ri.,..r.,,,, 5 1.1rlo OE., . Non OporatInE , 6 r 1mc, of Cr. Draws. Lmn or f r.fit P,..parnor. 0 1300,05 ,39.3. 535.644 "6 , 10 11 I, MIMI'S- NON OPERATING ili Rover., NM of thwela,er km through NM mAtt.limoi, Purc...1,0,1tor.: 00,5.1' 457,000 o 0 0 0 ,,,,,L1' 870.056 1."2 1, 11,if.n., 11141.11101rn P.c....no CnnItact 0 0 0 0 3 22, 1, 16 701,4 RKEIRTS NON OPINATING 0 p,17. ,o, 95.75 L,,,,,„ 0 LI 0 LL . 0 19.211Sa, ,,I.MQCW .4,N.rra r, , , ",,,,.■ l''. 1,960 1., 17 70,1A1. REVEN.JI,N ON oftEPATIN4 0, ,031. 1.1.7.1,,t, ,,,,,,, iDL.1.1 IP 9, , 19 70 21 6WENDITIJR,NION OMATING ...Wm. 1.,,,,,...1ructionAmont. ,8,,,,I, 9G,7,7 B., 9 15309 im.,. 23 1,11,...m. L3r.dscapMP. 0 TIN. 800.000 ..+3 7.1 Ef,,,,,,,,,/,,,tlitvnerl 3.787 0 , NO 22,000 2.1 29 Nrce1,17.,,,..., .23.431 0 :3.1.1 11.6,5.4 .1,2.00 29 30 31 PrmalrIpon olGram f lev.u.nr, Mono, trapl An,ralne 0 0 0 o ,13,1,.. ',WO, ,,,,,,,, 100.000 . 11 ?, Othol Pro,. 1.0.2,6 5.7,1 16.0.1 . IVA% ,10 000 37 A / larl,,,to...C.D.Iruction 5,Dr0,11 1.03.2 38 41 ,15..c.ot.oln Foe, 1.978 1,91, .72,S).1 1.2,0 wa ,c, 15,000 .11 42 Land Comm:. .,■■ 47 42i 8,,,,,,,,,I.K. No,r, NM SlxvIc., 2005 PAC Leal, ,,,, ,,,,B.661 7,625 0 0 ,./...4 0 U25 0 7,5 ,IV,,,,It ..,.(700,070 , 0.5 ,I..500 3,2,802 5,00,000 n6 47 48 50 Comm', Puedmr, AtirainitirAlno.F.,. 0.4,1 12.755 44,00 2495 8.195 12,, ,,,,,C, 245,000 50 53, 52 ncnc r,r..1 • iin,dcr.rcInl,re<1F54,01.:, TOTAL ECPBNIMIIKS . NON (*EWING 4,.10.6.3 7' .45,2,, 8,,,,,, 88,1 6,121 .1...1Q,47,1 150,000 51 58 54 dnitglING FONDS TRriNgEFLRED 10 NON OPEPAP,I.G INTERFUND WAN I.1A, 0 1.3A.B4B 119.0.10 ,, . , 53 , ENDING MALAWI -NON Ov60.91.-.. 8,7.01 5,72,590 ..12.901 $1 .,,,,,,4 ..,,.818,.,1,1 o ,• ,,,, Cilrrrvel P.,E,Nelnprnaknt .mr11,10n Elidget 2,712 Ma.* Projectlenn. Ortrm 898 Far 0099, 041„483.89 39, 2812 Anual Actual AP. at..,Ary Artou,1 PO, Act., Ame 16,) ,03.20wis, OPERATING BALA C 1, 35,134 29”. /19.1,60 Line Cradle .-OpulatIrm taw al'Orr.,■■ 67048 242 1,7 5.1■3 inn of fre,,,t Toth., Moe rldit ActIvity 74,04 Seca.. OPERATING. Parre17,1 rod reitrOmusemen1 0 ,fler,,e Com, Poyment, 1,1X.R,kervAlv 1.01,1C(47,1GrAnt m CM 4,11, ranOrom C 2C 7.1 Revenue -OPERATING 32.42: .18,7%7 7, 40,1 685,7 1,87,12 3,60 75,977 1.0.84/1 ,2.5.0C9 64,17 Agy17.2 485,00 0 ,1,01(0,1 75.78.7 2..001/ 61.5.000 475.4,7 5:3,43 19360 9SX, 94It 000 ' 971' 318,91. 700,000 sxoa,rrx 931,660 78,107 7,42,349 Op,fra,o, 21; A la rkm.11.1ne rs Mmt /7 8, 73 0 cl 29 Oarcol,C norgy Lomat Utilainr. Parcal Nlanapsworit Ft, 31 Parry,17,,,,,,,ANI 3e Pxrcel (RAF/Ciwic .17,A3/1 77,45n BANS 2148.1 6C.,,571 W8, R.9,88,'8t 73.0 5,53fl 71.428 n.120(1 1.)30 27213 0 1.4.J.59 615,052 0 8890/ 84,99 /10 9011, 4125 2,849 ,84.2 49,171, 2,085 9,86.0 9/(1 32.44ti num 299,0 , 98.923 49,98: 450,099 If //Mc. 1.921,80/1 3,09 558,098 Fees 350,990 ,7 19,4 Archtf mf. Fooneor C8,98,988 1, i01.41.aPb10111IRES. ORtRAIINq 1.1 TOTAL OPERATING RINDS 1,1,1.1,lifn NONOPF RATIN6 75 INTEPr.., 1.C.339, M11749 21.100 tI2(,,Y0'9 27.631 3,89 752 R77 13,6,1 1/1 210.080 OBI 29 ODD 6, 670.092 757,26.3 11,819 8/7 9.6A1 89a) 1,1 50,090. 1.4134'7 1513+1.84.8, 897,787 1511,0,11, 0 3,26 [4.30.1.8 994084 Carmel Redeveloj. A Commission Month and Year to Date Revenue Budget Analysis For the Month Ending lune 30, 2012 Reference A 5 D E I J K j 1 c 1 j F I 3 I H 1 1 I Reference 1 Current Month Comments Current Year Budget 1 2 2 3 Buc_gel. Actual $ Variance Proposed Adjustments Revised YTD $ Remaining %I 545 3 Recognized 4 RECEIPTS - NON OPEPATING i 4 5 1150 03 Credit Draws 90 90 So 91,929,005 $1,929,069 92,809,684 81800,21O) 145.65% 5 6 Line of Credit Repayments 0 0 0 0 0 0 0 0.0050 6 7 510 Revenue, Net of Developer Pass Through 9,256,295 16,931,619 1,675,324 The difference is approximately the amount 50 05 paid to developers as a pass through in July. 17,564,443 17,664,443 19,127,116 7,537,327 57.33% 7 5 RBI Installment Purchase Contract 0 0 9 860,000 850,000 457,000 403,000 53.14% 9 Regions Installment Purchase Contract 0 0 0 225,900 225,000 0 225,900 0.00% 9 10 Installment Purchase Contract 0 0 0 2,000,000 2,900,090 0 2,000,000 0,00% 10 11 Wells Fargo 0 0 0 354,960 354,960 96,753 258,207 27.26% 11 12 12 13 TOTAL REVENUES - NON OPERATING 9,255,295 19,931,619 1,675,324 23,033,472 23,033,472 13,490,559 9,542,919 58.5752 13 14 14 15 15 16 16 17 17 15 RECEIPTS - OPERATING 15 19 Line of Credit Draws 0 0 0 0 0 712,706 4117,706) 0.0052 19 Line of Credit Repayments 0 0 0 0 0 0 0 0.00% 20 21 Parcel 7a roof repair reimbursement 0 0 0 3,000,000 9,000,900 0 3,000,000 0.00% 21 22 Energy Center payments 142,393 136,370 15,03/. Difference is the energy payment for City Hell that was expected but not received. 448,000 448,090 287,324 160,676 64.13% 23 Parking Surcharge 0 39,038 39,038 We did not anticipate receiving parking surcharge money until July 186,000 186,000 199,981 85,019 54,29% 23 24 Parcel 7 Tenants' Rent 0 49,572 49,572 Tenant decided 74 955 early instead of during the actual month the rent was due, 338,349 338,149 343,079 ATM) 101.40% 24 25 Keystone Group, LLC Receivable 0 0 0 200,000 200,000 0 200,000 0.00% 25 26 Miscellaneous revenue 21,695 21,695 0 70,000 70,000 231,820 1491,820). 331.17% 26 27 Line of Credit Grant from 4020 to CRAP 221,429 271,429 50,000 The total grant was budgeted as $3.5M but the actual agreement was for 90,5050, hence the increase 00 230,000. 3,000,000 3,000,000 3,050,009 (215,000). 101.67% 27 28 Line of Credit 05050 05051 4020 0 0 0 0 0 o 0 0.00% 28 29 29 30 TOTAL REVENUES - OPERATING 385,427 515,154 132,677 7,242,349 7,242,349 4,725,911 2,516,438 65.25% 30 31 31 32 TOTAL REVENUES - COMBINED 99,641,722 911,449,725 91,808,001 939,275,321 500,279,821 518,216,463 912,059,358 82 33 33 34 34 35 35 36 36 -1C- Redeye, Gam Carmel Month and Year to Date Fxpendlku c For the Month Ending Juno Rgrmm�� a 1 B 1 c 1 D � E 1 F 1 G 1 H 1 1 I 1 g Reference 1 Current Month Comments Current Year Budget 1 %v* Gush!. Actual fVarLmme Proposed Adiucemetltx Revised ynd $Remelnln8 Recognized EXPEND6 :NON OPERATING Construction PAC Consouction /Rete,ntion 524,316 1124018 9090 Difference Is the payment on the promissory note for the Feinstein !Salida ut that needed to be clone before Meantl of 1200. 01,550400 51,550,000 5274,173 01,271,822 17,90{ 6 7 PAC Consultants 0 0 103000 102,000 50,398 02,102 49.42% 7 8 Palladium Landscaping 27.456 27,546 i5(II The 5904,0o,e0ce 15due to a typi0961001. 460.000 160,000 484,046 315,454 56.34% 8 9 RPACTheate6 Equipment 0 0 0 225,000 225,000 3,287 221.713 146% 3 19 Parcel MS 5 7000707940ion Management 0 0 0 177,000 177,000 0 177,000 0.0001 1U 11 0600905 100,450 0,450 120,000 120400 180 2 190,704) 150.25% 11. 12 5 Phase 11 0 0 1,750400 1,750,000 0 1,700,000 0.00% 12 13 Parcel 0 Phase 11 Issuance Costs 0 0 0 250,000 050,000 0 250,000 0.00% 13 14 04r00047560841 cbpe 0 0 0 251200 201,200 206,423 44,710 82.17% 14 15 Demolition of Grain Elevators 140 3 ,145 0 2000100 3140 108,350 465096 15 16 M0n01 /rag Revisions 0 0 100,000 100,000 100,000 0.0096 16 17 MISC¢h6,114006020020(08 29,153 20,153 0 40.000 40,000 29,114 10,886 72 „7970 17 18 Other Projects 100,532 100,605 (0,10',!nidereme include we 11001006004140( 444,0(01406 but a0ebelne200 roved lnluly 050400 050,000 213.039 635961 25.06% 18 19 40100 Grants D 0,00'% 19 20 parking Surcharge o 7, 443 7'0.141) Wedid not anlicl pate resolving any m0n000000006,l 0o,000hargesinlunn 186,000 186,000 69,386 116,812 3230% 20 21 Parcel] Ten ants' Rent 49,572 49,572 2 330,349 338,349 431,143 192 7'1) 127.43°% 21 04 Tark1Oglonf nstrucllan Shortfall 0 0 0 014,000 964,000 1,033092 107.20% 22 23 Professional Fees 0 0 0 0 OOM% 23 Levi Fees 141,804 141,864 0 600,000 600,000 503,794 90,706 83,88% 24 25 00e0/101,70e400 40,413 43,413 0 670,010 620,000 012,200 307,780 50.300 25 26 4000401(08 7ee1 0 0 0 40,000 45,000 47,959 I( 0511 106.08% 26 27 Land Contracts 0 0,00% 27 06 Parcel 979 Party Time 19,000 19,000 0 228,000 228,000 114,000 114,014 00.0074 28 29 0010¢1931 Chaos -lentl acqulsluon 2,436 2.436 0 29.230 29.230 14,636 14,814 SO.OU°% 29 30 Parcel 14 Harrill Property Purchase 10,000 10,000 0 120.000 120,000 60,000 60,000 50,00%, 30 31 Bobby1001,, LTC 0,625 7,625 0 91,500 91500 45,750 45,750 50.00% 31 32 000.040 Debt Service 405,441 440,341 0 3,213,802 3,214,402 ],]84,000 1570,200) 117,74/ 32 33 2005000 Lase 2.690,000 2,500,000 0 5,203,000 5200.090 2,600,000 2,600,000 50.000 33 3A Installment Purchase Contract Payments 084,030 284,030 0 8,561,607 8,561,607 1,976,592 0,583,015 2601191 34 45 Contact Purchase 04101007,6000 90k1 44,534 44,534 4 245,000 040,090 124,691 120,309 00.894 35 4C e of Credit Interest Ex00400 0 0 100,0 00 100,000 150,000 0.00% 36 07 TOTAL EXPENDITURES, NON OPERATING 4,053,869 4,102,475 11Lm,6'('4i'r 27,060,098 0 77,068,688 12,653,277 14,410,411 46,7674 37 38 38 39 EXPENDITURES: OPERATING 7 40 Operations antl Maintenance 0 0 0 0.00% 40 41 Operations 48,204 39,425 0,079 The difference 6 due tO the timing of when payroll and 051,01es are paid versu4 when they are 600900e4, 646,530 640,590 302,092 336,428 47,1174 41 42 Marketing/62ents 10,787 10,937 (1'171.00060ence is a 5150 invoice 9000061 paid In June bus being approved in July 270,000 270,000 39,749 230,251 14.7050 43 M8r0.in8 /6609e11 004613460001 3 5,392 35,392 0 201,506 201,500 125,091 76,409 07,0694 93 CRC Lea50 7,042 7,040 0 90,223 06,429 40,253 55,970 43.040 44 45 Old Town Shoppes and Carmel OTS Lease 3.667 3,667 0 50,000 90,000 18,111 31.380 352742 45 48 Parcel 7C Energy Center Utilities 40,017 40,537 09) Difference is a 720 charge that wa4o0,0106076060 490,000 400,000 224,340 2 49.91^% 48 47 Parcel 70 Management Fee 0 0 100,000 100,000 35,410 64,390 35,61% 47 Parcel 70 Garage CAM 0 0 0 85,000 85,000 23,484 41,546 27.63% 48 49 76,14(]0 CPA7 /07400451 19,329 19,329 0 330,000 330,000 109,742 220,218 33,7702 45 50 0600011000167700 0 0 0 12,000 12,000 14,879 12:1':1:11 123,9976 50 51 Line of Credit Grant to OAF 231,429 071,429 (00,00451 The total grant was budgeted as 53,5M but the actual agreement was for 53,0S171, heo0e She inerease 01550,000. 3,900,000 3,000,000 3,000,000 09CCM 101.67 °% 51 52 7371r800 Way Snow Removal 0 0 0 350,000 350,000 39,246 310,754 11.2196 52 53 Professional Sons U 0 0 0.00% 53 54 Legai Fees 59.466 55,466 0 210400 210,000 102,405 77,575 63,0602 14 55 4000/En40ee005 175 n 20.000 20,000 4,584 15,416 22.92% 55 21 0440401,91 Fees 9,661 9,061 0 203,000 703,000 64,132 138,860 31.59% 56 5] Planning, Appraisals, Engineer Consulting 0 6 315,000 315,000 129,410 180,590 41.087 57 18 0,10011403001 F,]5] 17,874 1'(11,01 3446,6920IZ an Invoice 9149 was paid Iry It and being approved In July antl the R,41000 800140s charge 00, 14 ne. 90,000 50,000 00,940 (11401. 101.89% 58 59 4020 Grant- Line of Credit Interest Expense 0 U 0 171,000 1711,000 0 171,000 0.0074 60 TOTAL. EXPENDITURES. OPERATING 465,926 510,384 (t..4'L! 6,556,254 U 6,056,253 4 ,406,62% 2,149,625 67.21% 60 63 61 G2 TOTAL EXPENDITURES. COMBINED S4,519,795 34,877,858 (0!0!(,1tf4I 040,624,941 SO 533,674,941 517,004,905 016,560,036 50.15% 62 fi3 63 1D- Carmel Redevelc, -nt Commission Summary of Cash and Cash Rights For the Month Ending June 30. 2012 Reference n 1 8 0 0 E F G 1 H l I 3 K L Reference 1 2 Description Clerk - Treasurer (1) CRC (2) Lake City (3) Harris Bank (4) Wells Fargo (5) Mercantile (6) Star(6) Marine (6) Fowler (6) Harris Bank (6) Total 2 3 Cash and Rights Balance 6/1/12 3 4 1101 Cash $ 8901.00 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 8,901.00 4 5 1110 TIF Distributions 7275.56 - - - - - - - - - 7,275.56 5 6 1118 2008 TIF Bond Proceeds 2,485.01 - - - - - - - - - 2,485.01 5 7 1119 2008 TIF Debt Service Res 3,309.91 - - - - - - - - - 3,309.91 7 8 CRC Star Bank - 131,119.06 - - - - - - - - 131,119.06 8 9 4807257943 BMO Harris Bank - 68,576.06 - - - - - - - - 68.576.06 9 10 87504111 Regions Bank - 31,971.39 - - - - - - - - 31,971.39 10 11 Wens Fargo - Energy Center Sale - - - 258,232.29 258,232.29 11 12 Cash Rights - - 26,107,00 661,032.00 - 0.00 1,210.179.00 565.660.72 1.203,229.83 418,139.15 4,084.367.70 12 13 Total Cash 8 21,971,48 9 231.666.51 $ 26.107.00 $ 661,032.00 $ 258,232.29 $ 0.00 $ 1,210.179.00 $ 565,660.72 $ 1,203,229.83 $ 418,139.15 $ 4,596,237.98 13 14 14 15 Receipts 15 is Clerk - Treasurer Funds $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - 16 17 Developer Payments - - - - - - - - - - 17 to CRC Star Bank 49,572.14 - - - - - - - - 49.572.14 18 19 4807257943 BMO Harris Bank - - - - - - - - - - 19 20 87504111 Regions Bank - 11,178,720.96 - - - - - - - - 11,178,720.96 20 21 Transfer - /12 - - - - - - - - - - - 21 22 Transfer -112 - - - - - - - - - - - 22 23 Transfer -/12 - - - - - - - - - - - 23 24 Transfer - /12 - - - - - 24 25 Total Receipts $ - $ 11,228,293.10 $ - $ - $ - $ - $ - $ - $ - S - 9 11,228,293.10 25 26 26 27 Disbursements 27 26 Clerk - Treasurer Funds $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - 20 29 PAC - - - - - - - - - - - 29 30 Non -PAC 3t CRC Funds s1 32 CRC Star Bank - 50.000.60 - - - - - - - - 50.000.60 32 30 4807257943 BMO Harris Bank - 16.23 - - - - - - - - 16.23 33 34 87504111 Regions Bank 35 Installment Contract Loans - . - - - - - - - - 35 36 CPAF - - 36 37 PAC - - - - - - - - - - - 37 38 Non -PAC - 4,406,413.37 - - - - - - - - - 38 39 4CDC LOC Approved Draws - - - - - - - - - 271,429.00 271,429.00 39 40 Total Disbursements $ - $ 4,456,430,20 S - $ - S - S - S - S - $ - $ 271,429.00 $ 321,445.83 40 41 41 42 1101 Cash $ 8,901.00 $ - 0 - 0 - s - s - 0 - s - $ - $ - $ 8,901.00 42 43 1110 TIF Distributions 7,275.56 - - - - - - - - - 7,275,56 43 44 1118 2008 TIF Bond Proceeds 2,485.01 - - - - - - - - - 2.485.01 44 45 1119 2008 TIF Debt Service Res 3,309.91 - - - - - - - - - 3,309.91 45 46 CRC Star Bank - 130,690.60 - - - - - - - - 130,690.60 45 47 4807257943 BMO Harris Bank - 68,559.83 - - - - - - - - 68,559.83 47 48 87504111 Regions Bank - 6.804,278.98 - - - - - - - - 6,804.278.98 40 49 Welts Fargo - Energy Center Sale - - - - 258,232.29 - - - - - 258,232.29 49 50 Cash Rights - - 26,107.00 661.032.00 - 0.00 1,210,179.00 565,680.72 1,203,229.83 146.710.15 3,812,938.70 50 51 Cash and Rights Balance 6 /30/12 $ 21,971.48 $ 7,003,529.41 $ 26,107.00 5 661.032.00 $ 256,232.29 $ 0.00 $ 1,210,179.00 $ 565,680.72 $ 1,203,229.83 $ 146.710.15 $ 15,503,065.25 51 52 Total Operating Balance (7) 1) Represents funds that are held by the Cleric-Treasurers 01520 (2) Represents funds that are held In Accounts controlled by the Carmel (3) Represents remaining funds from the $8,000,000 bank loan closed in (4) Represents remaining funds hem the $12,500,000 bank loan closed (5) Represents remaining funds from the Certificates of Participation, Series (5) Represents remaining Rinds from Line of Credit with the indicated Finandal (7) Total operating Balance is the sum of the ending Cash and Cash Rights 4000 4CDC of CredR Fonds are granted from the 4020 and CRC 94990 52 53 7,025,500.89 53 54 Redevelopment Commission 2010 and held bylhe In 2011 and held by the 2010 C (Energy Centel) Institution, Line for the Clerk - Treasurer 54 55 55 56 56 57 57 58 58 59 59 60 60 61 61 Carmel Redeye,. . nt Commission Debt Summary For the Year Ending December 31, 2012 Reference A 0 C D E F G H I J K Reference Old Town Properties -Chaos - Parcel -931 Issuance Type Revenue Source Original Debt Amount Interest Rate 1/1/12 Outstanding Par Amount 2017 Principal Due (1) 2012 Interest Due (1) Total Debt Service First Installment (2) Second Installment 121 Dean & Dottie Harrill Parcel 14 1 Tax Increment Revenue Bonds, Series 20040 (1)11906 Street) Bond TIF 59,500,000 6.650% $7,670,000 $410,000 5503,405 5913,405 5455,028 5458,378 Contract 2 COIT Revenue Refunding Bonds, Series 2006 Bond TIF 5,580,000 5.250- 5.270% 5,580,000 685,000 281,996 966,996 465,341 481,654 2 3 Tax Increment Revenue Bonds of 2006 (City Center) Bond TIF 14,000,000 5.820- 7,800% 1:935,000 395,000 938,401 1,333,401 667,053 666,349 3 4 Lease Rental Revenue Bonds, Series 2005 (PAC Bonds) Lease TIF 79,998,227 4.006- 5.000% 75,131,931 1,234,005 3,910,996 5,195,000 2,600,000 2,600,000 4 Sub Totals 09,078,227 101,316,001 52,774,005 $5,634,797 58,408,802 54,207,421 54,206,381 Sub Totals 2,319,677 52,157,200 594,260 5146,470 $240,730 $20,061 Issuance Type Revenue Source Original Debt Amount Interest Rate 1/1/2012 Outstanding Par Amount 2012 Principal Due(1) 2012 Interest Due (1) Total Debt Service Monthly Payment Reference S Old Town Properties -Chaos - Parcel -931 Contract TIF $340,000 6.000% 5321,435 $10,776 $18,454 529,230 $2,436 5 6 Dean & Dottie Harrill Parcel 14 Contract TIF 679,677 8.000% 546,543 79,136 40864 120,000 10,000 6 7 Bobby John, LLC Contract TIF 1,300,000 6.770°% 1,209,302 4,340 87,152 91,500 7,625 7 Sub Totals 2,319,677 52,157,200 594,260 5146,470 $240,730 $20,061 ub Totals 535069.91 15,000 56,715,000 0 54,230,050 762 $4,332,812 Installment Purchase Contract Type Revenue Source Total Available Contract Interest Rate 1/1/2012 2012 Principal Due (1) 2012 Interest Due (1) Fees Total Debt Service Total Available Remaining Detail (Page) Reference it Revenue Original TIF Outstanding 2012 2012 5462,221 Total 5802,301 $9,806 Certificate of Participation (COP) Type Source Debt Amount Interest Rate Amount Principal Due (1) Interest Due (1) Fees (3) Debt Service Reference 8 Certificate of Participation, Series 2010 A COP TIF 537,905,000 7.750- 8.000% 537,905,000 50 $2,979,900 $31,587 53,011,487 8 9 Certificate of Participation, Series 2010 B COP TIF 2,510,000 9.250% 2,510,000 0 232,175 31,587 263,762 9 10 Certificate of Participation, Series 2010 C (Energy Center) COP 91F 16,30000 5.750 - 6.500% 16,300,000 0 1,025,975 31,587 1,057,562 10 ub Totals 535069.91 15,000 56,715,000 0 54,230,050 762 $4,332,812 Sub Totals Grand Total 580,500,009 5348 612 904 111 3400l7e0tse1,33 00121171 a 04, orn0,023049 0339033n 03122023u 12)T 14 ,cml 30003 l leasepaymert /00139[ease Ferrel Revenue 2.3033 Series 2005 033 00 ds,is evaol to 00,0,0ae4 tse, v, 3, Repre entn4ml74i02tivefees paid on comb contract, '4)CC33r034s areconlnlledby RCI90 provide developmentandunstrachbn for a 20,00 0343ere0,.'nul perform!ng ore0 center ■5)Cantroces ore usedfer the lac/ 0 p,2 20031306renrin0 7edtofino03eo portion o/ Phase ll GevNOpmen3 W000000002 ore 00, our of de3l90ated 9T 0re0x10 the evtent there would be shorryun t0 010300ci2stadment payments, thepnyma343 would be from the Tnxlrcrememnr /mm other areasend009. 3404lablefund3 9 4 , 0 3 ore 02,10, o f dexignot4d 9rnrens l>'the extent therew.uld230.203,0 to makethe inue11ne3rp4,43e043 the payments would be deferred andp0yable lc 330" 2039 to 2034 575,770,745 51,890,397 52,720,066 5117,770 54,744,253 5434,147 9239,959,195 54,766662 512,747,404 5212,532 517,731,597 $434,147 Installment Purchase Contract Type Revenue Source Total Available Contract Interest Rate 1/1/2012 Outstanding Par Amount 2012 Principal Due (1) 2012 Interest Due (1) Fees Total Debt Service Total Available Remaining Detail (Page) Reference it 8-31-2009100 Clancy Theater Equipment, Sound Equipment, and SECOA Seating (Mercantile Bank) IPC TIF $10,000,000 4.750- 6.000% 59,847,952 5315,081 5462,221 $25,000 5802,301 $9,806 4A 11 321- 29.2010110(9E1) IPC TIF 10,000,000 5.340- 6.000% 10,000,0001 211,830 535,070 25,000 771,900 402,456 4B 12 131 -1- 2009100 Contracts (Regions Bank) IPC TIF 17,500,000 4.500- 6.000% 17,090,910 567,652 785,992 23,929 1,377,572 9,223 4C 13 14 5- 22.2009110 Garage P47 Contracts (Regions Bank) IPC TIF 7,500,000 4.960 - 6.000% 7,331,883 234,046 365,342 23,929 623.31] 0 40 14 15 7- 26- 2010110 UDC Contracts (Regions Bank) IPC TIF 10,000,000 5.240 -6.000% 10,000,000 531,776 143,903 15,662 600,341 12.063 40 15 166 -10- 2010190 (United Fidelity Bank) (3) IPC TIF 2,500,000 5.250- 6,000 °2 2,500,000 38,012 118,750 6,250 163,012 0 N /4(4) 16 17 Primary Village Installment Contract (Harris Bank) (6) IPC T1F 17,500,000 3.000% 17,500,000 0 316,809 0 316,809 D N/A (5) 17 18 Secondary Village Financial Contract 1 -CCC LLC (7) IPC TIF 4,500,000 3.500% 4,560,000 0 G 0 0 0 N/A (5) 16 19 Secondary Village Fnancia1 Contract 2 -IOC LLC (7) IPC TIF 1,000,000 3.500% 1,000,000 0 0 0 0 0 0 /4(5) 19 Sub Totals Grand Total 580,500,009 5348 612 904 111 3400l7e0tse1,33 00121171 a 04, orn0,023049 0339033n 03122023u 12)T 14 ,cml 30003 l leasepaymert /00139[ease Ferrel Revenue 2.3033 Series 2005 033 00 ds,is evaol to 00,0,0ae4 tse, v, 3, Repre entn4ml74i02tivefees paid on comb contract, '4)CC33r034s areconlnlledby RCI90 provide developmentandunstrachbn for a 20,00 0343ere0,.'nul perform!ng ore0 center ■5)Cantroces ore usedfer the lac/ 0 p,2 20031306renrin0 7edtofino03eo portion o/ Phase ll GevNOpmen3 W000000002 ore 00, our of de3l90ated 9T 0re0x10 the evtent there would be shorryun t0 010300ci2stadment payments, thepnyma343 would be from the Tnxlrcrememnr /mm other areasend009. 3404lablefund3 9 4 , 0 3 ore 02,10, o f dexignot4d 9rnrens l>'the extent therew.uld230.203,0 to makethe inue11ne3rp4,43e043 the payments would be deferred andp0yable lc 330" 2039 to 2034 575,770,745 51,890,397 52,720,066 5117,770 54,744,253 5434,147 9239,959,195 54,766662 512,747,404 5212,532 517,731,597 $434,147 Carmel Redevelot -nt Commission Debt Summary - Additional Information for the Year Ending December 31, 2012 Reference A Reference Bond Additional Information Issuance Year Issued 1st Call Final Maturity Payment Dates Purpose of issuance 1 Tax Increment Revenue Bonds, Series 2004 A (Illinois Street) 2004 7/15/2014 7/15/2024 7/15/11, 1/15/12 To finance road and intersection improvements 1. 2 COIT Revenue Refunding Bonds, Series 2006 2006 12/15 /2012 2/15/2018 6/15/11, 12/15/11 To refund COT Revenue Bonds of 1998 , which were originally issued for the acquisition and redevelopment of property ,n the City Center Redevelopment Area 2 3 Tax Increment Revenue Bonds of 200S (City Center) 2008 7/15/2012 1/15/20291/15/107 /15/11 To refund 2003, 2004, 2005, and 2007 Notes that were issued to fund property acquisition and redevelopment projects located in or serving or benefiting the City Center Redevelopment Area or the 126th Street Corridor EDA 3 4 COIT Lease Rental Revenue Bonds of 2005 (Performing Arts Center) 2005 2/1/2011 2/1/2033 7/11/11, 1 /11/12 '10finance the design and construction of a new performing arts center complex 4 land Contract Additional Information Issuance Year Issued 1st Call Final Maturity Payment Dates Purpose of Issuance 5 Old Town Properties - Chaos - Parcel -931 2006 N/A 11/1/2016 First of every month Acquisition of Parcel 931 5 6 Dean & 0ottie Harrill Parcel 14 2010 N/A 3/1/2015 First of every month Acquisition of Parcel 14 6 7 Bobby John LLC 2011 N/A 3/2/2013 First of every month Acquisition of Property 7 Certificate of Participation - Additional Information Issuance Year Issued 15t Call Final Maturity Payment Dates Purpose of Issuance S Certificate of Participation, Series 2010 A 2010 1/ 15/19301/15/20357 /15/11,1/15/12 To Provide for the development and construction of a portion of the regional performing arts center 8 9 Certificate of Participation, Series 2010 0 2010 N/A 1/15/2035 7/15/11, 1 /15/12 To Provide for the development and construction of a portion of the regional performing arts center 9 10 Certificate of Participation, Series 2010 C (Energy Center) 2010 7 /15/20227/15/20357 /15/11, 1/15/12 To Provide for the development and construction of a portion of the regional performing arts center 10 Installment Purchase Contract - Additional Information Issuance Year Issued 1st Call Final Maturity Payment Dates Purpose of Issuance 11 8-31-2009 100 Clancy Theater Equipment, Sound Equipment, and SECOA Seating (Mercantile Bank) 2009 N/A 7/1/ 2031 2/1/11,3/1/11,3 /1/11,5/1/11, 6/1/11, 7/1/11, 8/1/11, 9/1/11, 10/1/11, 11/1/11, 12/1/11, 1/1/12 To provide Theater Equipment, Sound Equipment, and 5ECOA Seating 11 12 1 -29 -2010 ICO (National Bank of Indianapolis) 2010 535069.91 7/ 1/ 2030 4/1/11, 7/1/11, 10 /1/11, 1/1/12 To Provide for the development and construction of a portion of the regional performing arts center 12 13 1 -1 -2009 ICO Contracts (Regions Bank) 2009 N/A 1/1/2029 4 /1/11, 7/1/11, 10 /1/11, 1/1/12 To Provide for the development and construction of a portion of the regional performing arts c enter 13 14 5 -22 -2009 ICO Garage P47 Contracts (Regions Bank) 2009 N/A 1/1/2029 4/1/11, 7/1/11, 1/1/12 To Provide for the development and construction of a portion of the regional performing arts center 14 15 7- 26- 2010100 CTDC Contracts (Regions Bank) 2010 N/A 7/1/ 2030 4/1/11, 7/1/11, 10 /1/11, 1/1/12 To Provide for the development and construction of a portion of the regional performing arts center 15 16 6- 10- 2010100 (United Fidelity Bank) 2010 N/A 1 /1/ 2029 4/1/11, 7 /1/11,10/1/11, 1 /1/12 To Provide for the development and construction of a portion of the regional performing arts center 16 17 Primary Village Installment Contract (Harris Bank) [1] 2011 N/A 7/15 /2033 1/15 and 7/15 To Provide for the development and construction of a portion of Pedcor 17 18 Secondary Village Financial Contract 1 - CCC 210 [2] 2011 N/A 7/15/2034 No Payments in 2012 To Provide for the development and construction of a portion of Pedcor 211830.1 19 Secondary Village Financial Contract 2- DC LLC[2] 2011 11/8 7/15/2034 NO Payments in 2012 To Provide for the development and construction of a portion of Pedcor 211831.1 234046 Carmel Redevelc, .ot Commission Developer Bonds (Informational Purposes Only) As of June 30, 2012 Reference A B C D 0 F G Reference Original Issuance Outstanding December 2011 June 2012 1 Issuance (1) TIF Area (2) Amount Balance Maturity Collections (2) Collections (2) 2 Taxable Increment Revenue Bonds of 1998 (Merchants Square Project) Merchants Square $2,655,000 31,640,000 2018 $219,155 3259,164 2 3 Taxable Economic Development Revenue Bonds, Series 2002 (Parkwood East Project) Parkwood East 3,560,000 2,955,000 2022 487,980 427,152 3 4 Taxable Economic Development Revenue Bonds, Series 2006 (Parkwood West Project) Parkwood Crossing 4,800,000 3,285,000 2026 316,518 620,313 4 5 Taxable Economic Development Revenue Bonds, Series 2006B (Buckingham - Gramercy Project) (3) Gramercy 20,000,000 148,107 2027 4 4 5 6 Taxable Economic Development Revenue Bonds of 2011 (116th Street Centre Project) 116th St. Centre 2,050,000 2,050,000 2036 0 393 7 Taxable Economic Development Revenue Bonds of 2011 (Indiana Spine Group Project) Meridian and Main 751,500 751,500 2031 0 0 7 8 Senior Economic Development Revenue Bonds, Series 20115 Arts District Lofts & Shoppes 9,630,000 9,630,000 2031 10,925 379,328 8 9 Subordinate Economic Development Revenue Bonds, Series 20110 (4) (Arts District Lofts & Shoppes Project) Arts District Lofts & Shoppes 3,370,000 2,370,000 2035 10,925 379,328 9 10 Total 346,816,500 $22,829,607 51,045,507 $2,065,681 10 11 11 12 (1) The CRC Payable portion of the debt service is limited up to the total incremental revenues of the designated TIC area. Any debt sertnre in excess of the increment revenues 'noble to the develop, The total outstanding principal amounts seen above do not reflect a direct 12 13 obligation to the Carmel Redevelopment Commission. 13 14 14 15 (2)Alt collections are allocated to the developer payments with the exception of the Taxable Economic Development Revenue Bonds 012011, only 300 of the total of the increment generated is pledged towards payment of the bonds. 15 16 16 17 (3) The Bonds were. dsued as draw bonds. The amount shown represents the amount of principal drown down and outstanding per the Trustee. 17 18 18 19 (4) The Bonds were Issued as draw bonds. The amount shown represents the amount of principal drown down and outstanding per the official draws scheduled in the Issuance Offering Documents. 19 20 20 -2B- Carmel Redevelol. _nt Commission 4CDC Grant Obligations As of June 30, 2012 Reference A C 1 H 2 3 4 5 6 7 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Bank Star Financial Bank Fowler State Bank Marine Bank Mercantile BMO Harris Bank BMO Harris Bank Lake City Bank LOC LOC LOC Type LOC LOC Bank Loan Bank Loan Total Interest Rate LIBOR plus 3.50 %Flooting 4.50% Floating 4.50% Floating 4.536 Floating LIBOR plus 2.75% Floating 3.97% Fined Rate 5.00% Floating Rate Closing Date 11/8/2011 11/8/2011 11/30/2011 1/18/2012 2/17/2012 9/30/2011 12/28/2010 Maturity 11/7/2012 11/7/2012 11/29/2012 1/17/2013 2/16/2013 9/30/2016 12/28/2012 Current Grants /Obliga ions Original Oebt Amount 55,000,000 2,500,000 2,500,000 2,500,000 2,500,000 12,500,000 8,000,000 535 500 000 Current Balance 53,719,821 Amount Available for Use 51,210,179 1,203,230 2,500,000 2,353,210 11,833,968 7,973,893 t31 687 061 565,681 0 146,710 661,032 26,107 Use of Proceeds Primary Repayment Option Pay Construction Casts on Office Building One Parcel 85 - Veterans Way Street Extension and Hot and Cold Water line extension and retrofit of City Building TIF TIF TIF TIF TIF TIF TIF Carmel RedeveloF...,ent Commission Installment Purchase Contracts - Summary As of June 30, 2012 Reference A 8 SCI 1 e F 1 0 1 H 1 K Reference 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Description Amount Original Contract Available $57,500,000 Plus: Renewed NBI Contracts 860,000 Less: Current Contract Obligations 56,319,231 Less: Installment Contracts Due 127,639 Less: Attorney Fees 357,701 Less: Bank Fees and Wire Fees 112,896 Less: Closing Costs 219,500 Less: Design Fees 800,000 Less: Retention Hold (Mercantile) 13,303 Add: Interest 24,417 Remaining Available for Contracts $434,147 -4- 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Carmel Redevelor .ant Commission Installment Purchase Contracts - Mercantile As of June 30, 2012 Reference I A I 8 I C I D I E Reference 1 1 2 Contract Name 8/31/2009 ICO Clancy Theater Equipment, Sound Equipment, and SECOA Seating 2 3 3 4 4 5 IPC # Vendor Bank Equipment/Contract Contracts 5 6 Mercantile Mercantile Capitalized Payment $ 127,639.00 6 7 1 JR Clancy Mercantile Theater Equipment $ 6,990,040 7 8 2 SECOA Mercantile Theater Seating $ 776,883 8 9 3 All Pro Sound Mercantile Sound Equipment $ 1,530,970 9 10 4 Smock Fansler Mercantile Hanover Square Improvements $ 331,500 10 11 Total $ 9,629,393 11 Original Contact Amount $10,000,000 Less: Current Obligations 9,629,393 Less: Closing Costs 219,500 Less: Installment Obligations Due 127,639 Less: Retention Held 13,303 Less: Wire Fees 360 Remaining Available for Contracts $9,806 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 -4A- Carmel Redevelo, ,ant Commission Installment Purchase Contracts - National Bank of Indianapolis As of J u n e 30, 2012 Reference A B I C I D I E Reference 1 1 2 Contract Name 1/29/2010 ICO 2 3 IPC# Vendor Bank Equipment /Contract Contracts 3 4 1 Bybee Stone NBI Limestone $ 3,215,420 4 5 2 Horning Roofing NBI Red Clay Tile Roofing $ 419,400 5 6 3 Certified Floorcovering NBI Carpet and Tile $ 467,525 6 7 4 Cincinnati Floor Company NBI Wood Flooring for Auditorium, Stage, and Suites $ 694,459 7 8 5 Gibraltar NBI Veteran's Way $ 1,914,078 8 9 6 Signature NBI City Center Dr. /Rangeline Rd. Streetscape $ 1,459,095 9 10 7 Sign -A -Rama NBI Wayfinding Signage Improvements $ 72,658 10 11 8 C &T Design NBI Cafe Equipment $ 30,345 11 12 9 Indy Stage and Sales NBI Lighting Equipment $ 43,495 12 13 10 Alexis Manufacturing NBI Seating $ 10,861 13 14 11 PS Furniture NBI Furniture $ 4,690 14 15 12 Smock NBI Motor Court Improvements $ 51,598 15 16 13 C &T Design NBI Kitchen Equipment $ 7,833 16 17 14 Brenner Design NBI FF &E $ 198,156 17 18 15 Antresian NBI Bar Equipment $ 25,000 18 19 16 Series, LLC NBI Custom Chairs $ 22,564 19 20 17 Harmon Signs NBI Parcel 7C Venues Signage $ 177,000 20 21 18 Indy Stage and Sales NBI Studio Theater Lighting $ 25,000 21 22 19 Indy Stage and Sales NBI Tarkington Theater Lighting $ 39,416 22 23 20 Indiana Store Fixture NBI Gift Shop Improvements $ 60,000 23 24 21 Bybee Stone NBI Stone Planters $ 457,000 24 25 N/A Parcel 16 Land Purchase NBI Parcel 16 Land Purchase $ 860,503 25 26 Total $ 10,256,095 26 27 Original Contact Amount $10,000,000 Plus Renewed Contract Amounts 860,000 Less: Current Obligations 10,256,095 Less Bank Fees 37,500 Less: WSH Legal Fees 157,400 Less: Hall Render Legal Fees 30,930 Less: Wire Fees 36 Add: Interest Earned * 24,417 Remaining Available for Contracts 402 4 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 *Note - Earned interest is due to funds deposited in a Capital Money Market Savings Account. 36 36 -4B- Carmel Redevelor .znt Commission Installment Purchase Contracts - Regions 25 Million As of June 30, 2012 Reference A I B ] C 1 D I E Reference 1 1 2 Contract Name 1/1/2009 ICO Contracts 2 3 3 4 IPC # Vendor Bank Equipment /Contract Contracts 4 5 Various Regions P47 Garage $ 8,825,000 5 6 1 Ermco Regions Lighting Fixtures and Generator $ 3,034,000 6 7 2 Waltek Regions Acoustical Canopy $ 1,111,932 7 8 3 Indy Stage and Sales Regions Production Lighting $ 765,374 8 9 4 Poynter Regions Air Handlers, Fans, VAV Boxes $ 1,005,000 9 10 5 Ebenisterie Beaubois Regions Mill Work $ 3,165,282 10 11 11 12 6 WR Dunkin Regions Elevators, Fire Protection, and Pumps $ 2,208,370 12 13 6 Simplex Grinnell Regions Elevators, Fire Protection, and Pumps $ 629,930 13 14 6 General Piping Regions Elevators, Fire Protection, and Pumps $ 614,483 14 15 Total $ 3,452,782 15 16 7 Spohn Associates Regions Interior Ornamental $ 2,100,157 16 17 7 Leach and Russell Regions Interior Ornamental $ 573,000 17 18 Total $ 2,673,157 18 19 8 Brad Howe Regions Sculpture Improvements $ 80,000.00 19 20 9 Incord Regions Pit Safety Equipment $ 6,643.00 20 21 10 Esco Communications Regions Microphone Equipment $ 51,607 21 22 11 Morphey Construction Regions Signage Improvements $ 20,000 22 23 Total $ 24,190,777 23 24 24 25 Original Contact Amount $25,000,000 25 26 Less: Current Obligations 24,190,777 26 27 Less: Design Fees 800,000 27 28 Remaining Available for Contracts $9 223 28 29 29 30 Note - The above information is for the combined Regions $17,500,000 and $7,500,000 obligations 30 -4C- VER Sg hid' A f B I C I D E Contract Name 17-26-2010 CTDC Contracts Esco Communications Wenger Gibraltar Office Works, LLC Argo Chem East Gibraltar TC Furlong Indy Stage and Sales Indy Stage and Sales Smock Fenster Signature Construction IAED Professionals 'Meridian Music Meyer Najein RD Construction Gibraltar Construction Lefever Electric Indianapolis Stage BAM Equipment Piano Solutions Dodd Technologies Sensory Technologies C &T Design EZ Software Solutions The Sculpture Foundation ... Advantage Opitcs Bunting Graphics Signature TlgerDlrect.com 5lgnature Smock Fansler Van Ausdall & Farrar Smock Smock Signature La Fever Telecom Placement Nelson Alarm 1DH Meridian Music Van Ausdall & Farrar IlaFever Meyer Najem Antreasien Alexis Manufacturing Diversified Simplex Ermco Chance Bros. Office Works, LLC Circle Regions (last) Regions (last) Regions (last) Regions (last) Regions (last) Regions (last) Regions (last) Regions (last) Regions (last) EEEE VW Regions (last) Regions (last) Regions (last( Regions (last( Regions (last( Regions (last( Regions (last) Regions (last) Regions (last) Regions (last) Regions Mast) Region (lest) Regions (last) Regions (last) Regions (last) Regions (last) Regions (last) Regions (last) EE Regions (last) Regions (last) Regions (last) Regions (last) 7 g ' 44. Regions (last) Regions (last) Regions (last) Regions (last) "Tvg. VVVV Regions (last) Regions (last) Regions (last) Regions (last) 7 f 7, °E1 Regions (last) Regions (last) 7 7 %'• ' Regions (last) Regions (last) 7 °.g• F.7 Tarkington Equipment _...... Carts and Seating _. _.... Speakers Equipment Garage West Well Improvements Furniture e for the Cafe De -Icing Equipment Motor Court Exterior Wall Tarkington Stage Equipment Tarkington Fixtures Fountain Rough-in Fountain Rough -in Defibrillator Equipment Plano Equipment Amphitheater Equipment and Improvements Amphitheater Equipment and Improvements Amphitheater Equipment and Improvements Amphitheater Equipment and Improvements '..Lifts, Lighting, and Rigging Equipment Lifts, Lighting, and Rigging Equipment li Musical Equipment Lifts, Lighting, and Rigging Equipment Monitoring Equipment Concert Hall Catering Equipment Catering Computer System and Software Sculptures Box Office Computer Equipment Camera Equipment Optical Electronic Modistes PAC Signege Motor Court improvements Network Switches Motor Court Improvements Motor Court Improvements Decorative Fountains Motor Court Improvements Computers and Servers Decorative Fountains T T ..., Security Equipment Security Equipment Security Equipment Security Equipment mm ,9 00 33 "2-2 !ilj Kg Ri 2 2 4-t- I= Green Improvements Green Improvements PAC Retaining Wall/Vault Cladding Green Improvements Cafe Improvements PAC Loose Seating Cafe Improvements Cafe Improvements Cafe Improvements Cafe Improvements Cafe Improvements Cafe Improvements PAC FF &E Cafe Improvements I g g -...■ ,, ,, , ,P.1-V wl, ,-. , 4- » -,,:,' -,,--' -6' F.3 F.' 8 F. A S.' El 4 4 8 tf :?4' 4 8 VA T. V; V; 4 8 t tt t g,' 0; t it t :`,' 8 8 8 '4,' 8 IN '4 .' 8 'K' ,' 4 8 8 8 :',' 6' ,' 1:,' I :..1 4 8 8 5 17.,' 5 5 .>" 8 8 ..:: 8 ,o m , 0. ,. .■ ,,, , ,.