03/08/22 - Laserfiche WebLink

Home

CLOSING STATEMENT Anoka County land transfers to City of Ramsey Portions of P1Ns#29-32-25-24-0005 and 29-32-25-24-0006 Property: See Legal Descriptions Attached as Exhibit A Seller(s): County of Anoka, a political subdivision of the State of Minnesota Purchaser: City of Ramsey, a municipal corporation NORTHERN PARCEL (29-32-25-24-0005) Lot 1/Block 1 Appraised value: $1.85/sq ft Land conveyed: Outlot A (Pond): 69,605 sq ft x 1.85 = $128,769.25 Road ROW: 16,445 sq ft x 1.85 = $30,423.25 Total for conveyed portions of 29-32-25-24-0005: $159,192.50 SOUTHERN PARCEL (29-32-25-24-0006)* Lot 2/Block 2 RALF parcel value based on original loan amount: 11.99 acres x 43,560 sq feet per acre = 522,284.4 square feet 1,272,439.16 loan amount / 522,284.4 square feet = $2.44/sq ft Land Conveyed: Road ROW: 103,276 sq ft x 2.44 = $251,993.44 Outlot B (remnant piece): 7,450 sq ft x 2.44 = $18,178 Total for conveyed portions of 29-32-25-24-0006: $270,171.44* Total Purchase Price (both parcels) $ 429,363.94 Estimated Fees Payable by City: State Deed Tax to County of Anoka (.0033 of purchase price) $ 1,416.90 Conservation Fee to County of Anoka ($5 per deed) $ 10.00 Recording fees ($46 per deed) $ 92.00 Prorated Taxes (EXEMPT) $ 0.00 Total Fees: $ 1,518.90 TOTAL AMOUNT DUE AT CLOSING: $ 432,401.74 INSTRUMENTS EXECUTED AND DELIVERED AT CLOSING: 2 Quit Claim Deeds from County of Anoka to City of Ramsey Closing Statement Certificate of Real Estate Value (to be filed electronically) Met Council Consent/Release re: land conveyed from 29-32-25-24-0006 (County will record) DISBURSEMENTS AT CLOSING: Proceeds to County of Anoka Anoka County Property Tax $ 429,363.94 $ 1,518.90 (Deed tax, Conserv.fee, recording fees) * County will remit payment of $270,171.44 to the Metropolitan Council per terms of RALF loan SELLER: COUNTY OF ANOKA PURCHASER: CITY OF RAMSEY By: By: Christine Carney Assistant Anoka County Attorney Dated: Dated: