HomeMy WebLinkAboutContracts & Agreements_189-12_CCv0001-8.pdf 4 r First American Title Insurance Company
y' National Commercial Services
3281 E Guasti Road,Suite 440
Ontario,CA 91761
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City of RedlandsNovember 05, 2012
Attn: City Manager City 1' ,nag h°
35 Cajon Street #2 Of`fc
Redlands, CA 92373 Escrow No.: NCS-499611-ONTl (dn)
Re: Seller: City of Redlands
Buyer: Prologis, L.P.
Property: 37.18 Acres, APN# 0292-044-09;10;1 land;12
Redlands, CA 92374
The closing of the above referenced transaction is now complete. For your records we enclose the following (If
checks are included in this package, please negotiate as soon as possible):
Wire in the amount of$12,345,911.00 representing proceeds wired 9/21/12
Final Settlement The City of Redlands
Copy Grant Deed recorded 9/21/12
Copy Agreement(Memorandum of Conditional Property Disposition Agreement) recorded 9/21/12
Copy Option of Purchase (Memorandum of City of Redlands' Option to Repurchase Property and Notice
attached thereto recorded 9/21/12
Copy Estoppel Certificate executed by The City and HIP
Duplicate Original Assignment and Assumption of Agreement executed by Assignor and Assignee
Duplicate Original Grove License Agreement executed by Licensor and Licensee
Duplicate Original Landfill License Agreement executed by Licensor and Licensee
Duplicate Original Second Amendment to Conditions Property Disposition executed by The City and HIP
Keep these instruments secure as some of them cannot be replaced.
Should you have any questions or need further assistance, please contact the undersigned. Thank you for
working with First American Title Insurance Company National Commercial Services. We look forward to serving
you in the future.
Sincerely,
Debi Newton
Escrow Officer
denewton@bfirstam.com
do/dn
Federal Express Overnight delivery
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First American Tide Insurance Company
National Commercial Services
3281 E Guasti Road,Suite 440-Ontario,CA 91761
Seller's Estimated Settlement Statement
Amended:Wednesday Sept 19,2012 12:17 PM
Property: +/-37.18 Acres,APN#0292-04409;10;1 land;12, Fite No: NCS-499611-ONTI
Redlands,CA 92374
Officer: Janette Delap/Debi Newton/dn
New Loan No:
Estimated Settlement Date: 09/20/2012
Disbursement Date:
Print Date: 09/19/2012,12:18 PM
Buyer: Prologis,L.P.
Address: 4545 Airport Way,Denver,CO 80239
Seller: City of Redlands
Address: Attn:City Manager,P.O.Box 3005,Redlands,CA 92373
Charge Description Seller Charge Seffer-Credit
Consideration:
Total Consideration 12.345,911.00
Cash(X To)( From)Seller 12,345,911.00
Totals 1 12,345,911,001 12,345,911.00
Notice - This Estimated Settlement statement is subject to changes, corrections or additions
at the time of final computation of Escrow Settlement Statement.
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