Seller's & Buyer's Closing Statement SELLER'S CLOSING STATEMENT
BUYER: CITY OF MIAMI BEACH
SELLER: POLKIN, INC., A FLORIDA CORPORATION
PURCHASE PRICE: $670,000.00
DATE OF CLOSING: MARCH 5, 1998
PROPERTY: LOT 7, LESS THE NORTH 10 FEET, LOTS 9 AND 11 AND THE NORTH
25 FEET OF LOTS 10 AND 12, BLOCK 2, AMENDED MAP OF THE
OCEANFRONT PROPERTY OF THE MIAMI BEACH IMPROVEMENT
COMPANY, PLAT BOOK 5, PAGE 7, OF THE PUBLIC RECORDS OF
DADE COUNTY, FLORIDA.
SALE PRICE: $670,000.00
1998 Real Estate Taxes Credit:
Folio No.02- 3226-001 -0460
$8,956.90 divided by 365= $24.54
63 days @ $24.54 = $ 1,546.02
TOTAL CREDIT FOR TAXES : $ 1,546.02
LESS TOTAL COSTS: $ (1,546.02)
TOTAL AMOUNT DUE SELLER: $_66845.3.98
POLKIN, INC., A FLORIDA CORPORATION
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BUYER'S CLOSING STATEMENT
BUYER: CITY OF MIAMI BEACH
SELLER POLKIN, INC., A FLORIDA CORPORATION
PURCHASE PRICE: $670,000.00
DATE OF CLOSING: MARCH 5, 1998
PROPERTY: LOT 7, LESS THE NORTH 10 FEET, LOTS 9 AND 11 AND THE NORTH
25 FEET OF LOTS 10 AND 12, BLOCK 2, AME 'IDED MAP OF THE
OCEANFRONT PROPERTY OF THE MIAMI BEACH IMPROVEMENT
COMPANY, PLAT BOOK 5, PAGE 7, OF THE PUBLIC RECORDS OF
DADE COUNTY, FLORIDA.
PURCHASE PRICE: $670,000.00
1998 Real Estate Taxes Credit from Seller:
Folio No.02- 3226-001 -0460
$8,956.90 divided by 365= $24.54
63 days @ $24.54 = $ 1,546.02
TOTAL CREDIT FOR TAXES : $ 1,546.02
MISCELLANEOUS CHARGES:
(Payable to: GERALD K. SCHWARTZ, ESQ.)
Title Search: $ 160.00
Title Examination: 00.00
Owner's Premium 3,425.00
Fla 9 Endorsement: 342.50
Corporate Documents: 100.44
TOTAL COSTS: $ 4,027.94
LESS TOTAL CREDITS: $ (1,546.02)
PLUS TOTAL COSTS: $ 4.027.94
TOTAL AMOUNT DUE FROM BUYER: $ 672,481.92
CITY OF MIAMI BEACH
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BUYER'S CLOSING STATEMENT
BUYER: CITY OF MIAMI BEACH
SELLER: POLKIN, INC., A FLORIDA CORPORATION
PURCHASE PRICE: $670,000.00
DATE OF CLOSING: MARCH 5, 1998
PROPERTY: LOT 7, LESS THE NORTH 10 FEET, LOTS 9 AND 11 AND THE NOR
25 FEET OF LOTS 10 AND 12, BLOCK 2, AME NDED MAP OF TH
OCEANFRONT PROPERTY OF THE MIAMI BEACH IMPROVEMENT
COMPANY, PLAT BOOK 5, PAGE 7, OF THE PLIC RECORDS O
DADE COUNTY, FLORIDA.
PURCHASE PRICE: $670,000.00
1998 Real Estate Taxes Credit from Seller:
Folio No.02- 3226- 001 -0460
$8,956.90 divided by 365= $24.54
63 days @ $24.54 = $ 1,546.02
TOTAL CREDIT FOR TAXES : $ 1,546.02
MISCELLANEOUS CHARGES:
(Payable to: GERALD K. SCHWARTZ, ESO.)
Title Search: $ 160.00
Title Examination: 00.00
Owner's Premium 3,425.00
Fla 9 Endorsement: 342.50
Corporate Documents: 100.44
TOTAL COSTS: $ 4,027.94
LESS TOTAL CREDITS: $ , (1,546.02)
PLUS TOTAL COSTS: $ _ 4 , 0 27.9 4
TOTAL AMOUNT DUE FROM BUYER: $- 72 ..81,9
CITY OF MIAMI BEACH
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CITY CENTER/HISTORIC CONVENTION VILLAGE DISTRICT NATIONSBANK OF FLORIDA, N.A. 2170
MIAMI BEACH REDEVELOPMENT AGENCY
I
OPERATING ACCOUNT
MIAMI BEACH, FLORIDA 33139
63 -27 -631
MARCH 4, 1998
of
pAY SIX HUNDRED SIXTY EIGHT T H O U S A N D F O U R HUNDRED FIFTY T H R E E & 98/100D O L L A R s $ 668, 453.98
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TO
THE
ORDER POLKIN, INC., A FLORIDA CORPORATION
OF
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DETACH AND RETAIN THIS STATEMENT
CITY CENTER,411STORIC CONVENTION VILLAGE DISTRICT"
EN ATTACHED CHECK I S IN PAYMENT OF ITEMS DES BELOW
MIAMI BEACH REDEVELOPMENT AGENCY IF OT CORRECT PLEASE NOTIFY US PROMPTLY NO RECEIPT DESIRED.
DELUXE - FORM WVCP -3 V -2
DATE DESCRIPTION AMOUNT
3/4/98 CULTURAL CAMPUS LAND ACQUISITION $668,453.98
PARCEL 4 — 224 23RD STREET
TO BE REIMBURSED BY THE CITY OF MIAMI BEACH
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