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RIF40, LLC (3)
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RIF40, LLC (3)
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Last modified
1/19/2023 11:47:41 AM
Creation date
1/19/2023 11:47:01 AM
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Contracts
Company Name
RIF40, LLC
Contract #
A-2022-215-02
Agency
Public Works
Council Approval Date
11/1/2022
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Buyer(s)/Borrower(s): CITY OF SANTAANA, a charter city and municipal corporation duly organized under the <br />Seller(s): RIF40, LLC, a California limited liability company A-2022-215-02 <br />Property: 4404 West 1st Street <br />Santa Ana, CA 92703 <br />Description <br />Debit <br />Credit <br />TOTAL CONSIDERATION: <br />Total Consideration <br />10,500,000.00 <br />ESCROW CHARGES: <br />112 of Escrow Fee to Fidelity National Title Company <br />4,200.00 <br />TITLE CHARGES: <br />Owners Policy for $10,500.000.00 <br />14,118.00 <br />ADDITIONAL CHARGES: <br />1/2 of Recording Service Fee to Fidelity National Title Company <br />22.50 <br />PRORATIONS AND ADJUSTMENTS: <br />Refundable Pad - Returned if not used <br />1,500.00 <br />Sub Totals <br />10,519,840.50 <br />0.00 <br />Balance Due From Buyer /Borrower <br />10,519,840.50 <br />Totals <br />10,519,840.50 <br />10,519,840.50 <br />It is agreed by the undersigned that the foregoing statement may change if a change in the escrow closing occurs or if other unforeseen <br />contingencies arise. In the event changes in the statement become necessary, you are nevertheless authorized to close this escrow. It is <br />understood that we will receive a final statement of account if the above totals are changed. <br />APPROVED AND ACCEPTED THIS DAY OF <br />
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