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CLOSING STATEMENT <br /> Anoka County land transfers to City of Ramsey <br /> Portions of PINs#29-32-25-24-0005 and 29-32-25-24-0006 <br /> Property: See Legal Descriptions Attached as Exhibit A <br /> Seller(s): County of Anoka,a political subdivision of the State of Minnesota <br /> Purchaser: City of Ramsey,a municipal corporation <br /> NORTHERN PARCEL (29-32-25-24-0005) <br /> Lot 1/Block 1 <br /> Appraised value: $1.85/sq ft <br /> Land convey: <br /> Outlot A(Pond):69,605 sq ft x 1.85=$128,769.25 <br /> Road ROW: 16,445 sq ft x 1.85=$30,423.25 <br /> Total for conveyed portions of 29-32-25-24-0005: $159,192.50 <br /> SOUTHERN PARCEL(29-32-25-24-0006)* <br /> Lot 2/Block 2 <br /> RALF parcel value based on original loan amount: <br /> 11.99 acres x 43,560 sq feet per acre=522,284.4 square feet <br /> 1,272,439.16 loan amount/522,284.4 square feet=$2.44/sq ft <br /> Land Convey: <br /> Road ROW: 103,276 sq ft x 2.44=$251,993.44 <br /> Outlot B(remnant piece):7,450 sq ft x 2.44=$18,178 <br /> Total for conveyed portions of 29-32-25-24-0006: $270,171.44* <br /> Total Purchase Price(both parcels) $ 4295363.94 <br /> Estimated Fees Payable by City: <br /> State Deed Tax to County of Anoka(.0033 of purchase price) $ 1,416.90 <br /> Conservation Fee to County of Anoka($5 per deed) $ 10.00 <br /> Recording fees($46 per deed) $ 92.00 <br /> Prorated Taxes(EXEMPT) $ 0.00 <br /> Total Fees: $ 1,518.90 <br /> TOTAL AMOUNT DUE AT CLOSING: $4329401.74 <br /> INSTRUMENTS EXECUTED AND DELIVERED AT CLOSING: <br /> 2 Quit Claim Deeds from County of Anoka to City of Ramsey <br /> Closing Statement <br /> Certificate of Real Estate Value(to be filed electronically) <br /> Met Council Consent/Release re:land conveyed from 29-32-25-24-0006(County will record) <br /> DISBURSEMENTS AT CLOSING: <br /> Proceeds to County of Anoka $42913 63.94 <br /> Anoka County Property Tax $ 1,518.90 (Deed tax,Conserv.fee,recording fees) <br /> *County will remit payment of$270,171.44 to the Metropolitan Council per terms of RALF loan <br /> SELLER: COUNTY OF ANOKA PURCHASER: CITY OF RAMSEY <br /> By: By: <br /> Christine Carney <br /> Assistant Anoka County Attorney <br /> Dated: Dated: <br />