Closing Statement
CLOSING STATEMENT
Sellers:
The Ballet Valet Corp., a Florida corporation
The Ballet Valet Parking Company, Ltd., a Florida
limited partnership
Buye r :
City of Miami Beach, a Florida municipal
corporation
~"""---e... I'
<-) ... 0 ,', 1994
Date:
Property:
See Exhibit "A" attached hereto and made a part
hereof
Credit
Buyer
Credit
Seller
TOTAL PURCHASE PRICE:
(includes RESNICK PIECE:
$275,000.00)
$3,117,544.00
CREDIT TO REFLECT NET SAVINGS
IN CONSTRUCTION: 100,000.00
ONE-HALF DOCUMENTARY STAMP TAX
ON DEEDS 9,352.80
ONE-HALF SURTAX ON DEEDS 7,014.60
ONE-HALF COST ENVIRONMENTAL SURVEY 1,300.00
REAL ESTATE TAXES - 1994 13,639.08
TOTAL: 31,911.76
156 DAYS @ $87.43 A DAY
PAST DUE REAL ESTATE TAXES 50,508.47
RECORDING FEES
SATISFACTION OF MORTGAGES - 250.00
Affidavit from Estella Sanchez
Affidavit from Asbeka Trustees
Affidavit re: Shelley Estate
RELEASE OF COVENANTS
UCC-3
CERTIFICATE OF LETTERS TESTAMENTARY
CERTIFICATES OF GOOD STANDING (2)
RELEASE OF NOTICE OF VIOLATION
FEES DUE FROM SELLER TO 1,710.65
CITY OF MIAMI BEACH
MORTGAGE PAYOFFS 1,106,937.37
SEE SCHEDULE
SUBTOTAL
1,289,412.97
3,118,844.00
CASH TO CLOSE:
L 829,431. 03
TOTAL:
$3,118,844.00
$3,118,844.00
Total Documentary Stamps
Surtax
$18,705.26
$14,028.94
Buyer shall record Deeds, Satisfactions of Mortgage, and
all Releases in connection with title.
If there are any errors, or omissions from this
statement or any errors or omissions with respect to the
settlement costs to close. on the Property, or excess charges
recording fees or the env'i ronmenta 1 survey, Buyer and Seller
agree to re-prorate or resolve the claimed error or omission
promptly upon written notice from either party.
~
for
Acknowledged and Agreed this
day of
Tv -;l C2-
1994.
BUYER:
SELLERS:
CITY OF MIAMI BEACH, a Florida
municipal corporation
THE BALLET VALET PARKING COMPANY,
LTD., a Florida limited partnership
By:
Nam
~
THE BALLET VALET CORP., a
Florida corporation, its sole
general partne
President
By:
R. An
THE BALLET VALET CORP., a Florida
corporation
By:
R.
/~
AL1/2720
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SCHEDULE 1
1. May Lee
pay off amount:
2 . LBS 59
pay off amount:
3. Estate of Joseph P. Shelley, Sr.
payoff amount:
4. Continental Bank
payoff amount:
5. Sanchez mortgage
payoff amount:
TOTAL:
$246,223.96
$300,759.03
$450,000.00
$104,408.85
$ 5,545.53
$1.106.937.37
ALI/2720
-3-
EXHIBIT "A"
PARCEL 1:
The Westerly 62.50 feet of Lot 1, Block 34, Ocean Beach, Fla.,
Addition No.1, recorded in Plat Book 3, at Page 11 of the Public
Records of Dade County, Florida.
PARCEL 2:
Air rights contiguous and appurtenant to the easterly 13.16 feet of
the aforesaid Lot 1. The vertical lower boundary of the Air Rights
shall be at an elevation of 40.00 feet National Geodetic vertical
Datum (N.G.V.D.), 1929. The vertical upper boundary shall be at an
elevation of infinity.
PARCEL 3:
The Air Rights for the following described parcel of land: Lot 1,
less the Westerly 62.50 feet and less the Easterly 13.16 feet,
Block 34, Ocean Beach, Florida, Addition No.1, recorded in Plat
Book 3, at Page 11 of the Public Records of Dade County, Florida.
The Lowest vertical boundary of the above described Air Rights
shall be at an elevation of 23 feet, National Geodetic vertical
Datum (N.G.V.D.), 1929. The upper boundary of said Air Rights is
an elevation of infinity. Base of Air Rights contains 3217 square
feet.
RE\ 1 293 7\0004\MDSK.TG06. 02A
940729
PARCEL I:
That Part of Lots 2 through 5 inclusive, Block 34, Ocean Beach,
Fla., Addition No.1, recorded in Plat Book 3, at Page 11 of the
Public Records of Dade County, Florida. Part of Lots 2 through 5:
Bounded on the West by the Westerly line of said Lots 2 through 5,
bound on the North by the Northerly line of Lot 2; bounded on the
South of the Southerly line of Lot 5; bounded on the East by a line
described as follows: Commence (P.O.C.) at the southwest corner of
said Lot 5 and run S 790 12'25" E along the Southerly line of Lot
5, a distance of 45.16 feet to the Point of Beginning of the
referenced Easterly line, thence run N 100 47'35" E along a line
parallel with and 45.16 feet Easterly of the Westerly line of Lots
5 through 3 inclusive, a distance of 150.00 feet; thence run N 290
55'12" E across Lot 2, a distance of 52.92 feet to the Northerly
line of Lot 5, said point being 62.50 feet Easterly of the
northwest corner of Lot 5. Area described contains 9465.5 Square
Feet.
PARCEL II:
Air Rights for a part of Lots 2 through 5 inclusive, Block 34,
Ocean Beach, Fla., Addition No.1, recorded in Plat Book 3, at Page
11 of the Public Records of Dade County, Florida; said part bounded
as follows: Bounded on the East by a line 13.16 feet Westerly of
the Easterly line of said Lots 2 through 5 inclusive, bounded on
the North by the Northerly line of Lot 2; bounded on the South by
the Southerly line of Lot 5; bounded on the West by a line
described as follows: Commence (P.O.C.) at the Southwesterly corner
of Lot 5 and run S 79012'25" E along the Southerly line of Lot 5,
a distance of 45.16 feet; to the Point of Beginning (P.O.B.) of
said line; thence run N 10047'35" E along a line 45.16 feet
Easterly of the Westerly line of Lots 5 through 3, a distance of
150.00 feet to the Northerly line of referenced Lot 3; thence run
N 29055'12" E across Lot 2, a distance of 52.92 feet to the
Northerly line of said Lot 2, said point being 62.50 feet from the
Northwest corner of Lot 2. Area of the base of Air Rights is
15,902.50 Square Feet.
The Lowest vertical Boundary of the above described Air Rights is
at an elevation of 23.00 feet, National Geodetic vertical Datum
(N.G.V.D.), 1929. The upper boundary of the said Air Rights is an
elevation of infinity.
PARCEL III:
Air Rights for the Easterly 13.16 feet of Lots 2 through 5
inclusive, Block 34, Ocean Beach, Fla., Addition No.1, recorded in
Plat Book 3, at Page 11 of the Public records of Dade County,
Florida.
The Lowest vertical Boundary of the above described Air Rights is
at an elevation of 40.00 feet, National Geodetic vertical Datum
(N.G.V.D.), 1929. The upper boundary of the said Air Rights is an
elevation of infinity.
Area of the Base of the Air Rights is 2632 Square Feet.
REI 1293 710004IMDSSJ06.02A
940729
PARCEL I:
The Westerly 45.16 feet of Lot 6, Block 34, Ocean Beach, Fla.
Addition No.1, recorded in Plat Book 3, at Page 11 of the Public
Records of Dade County, Florida contains 2108 Square Feet.
PARCEL II:
Air Rights for the Easterly 13.16 feet of Lot 6, Block 34, Ocean
Beach, Fla., Addition No.1, recorded in Plat Book 3, at Page 11 of
the Public records of Dade County, Florida.
The Lowest vertical Boundary of the above described Air Rights is
at an elevation of 40.00 feet, National Geodetic vertical Datum
(N.G.V.D.), 1929. The upper boundary of the said Air Rights is an
elevation of infinity. Area of the Base of the Air Rights is 658
Square Feet.
PARCEL III:
Air Rights for that part of Lot 6 described as Lot 6, less the
Easterly 13.16 feet and less the Westerly 45.16 feet, Block 34,
Ocean Beach, Fla., Addition No.1, recorded in Plat Book 3, at Page
11 of the Public records of Dade County, Florida.
The Lowest vertical Boundary of the above described Air Rights is
at an elevation of 23.00 feet, National Geodetic vertical Datum
(N.G.V.D.), 1929. The upper boundary of the said Air Rights is an
elevation of infinity. Area of the Base of the Air Rights is 4084
Square Feet.
REI 1293 710004IMDSSJ06.02A
940729
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