2018 WSA Escrow - Sellers Settlement StatementCOMMONWEALTH LAND TITLE COMPANY
888 S Figueroa Street, Suite 2100, Los Angeles, CA 90017 Copy
Phone: (800) 432-0706
Sellers Settlement Statement
Estimated
Escrow Officer: Escrow No: Close Date: Proration Date: Date Prepared: Disbursement Date:
Cheryl A. Greer 09192657 - 917 CG8 03/14/2018
Seller(s): La Quinta Housing Authority, a public body, corporate and politic as the housing successor entity to the La Quinta
Redevelopment Agency
Property: 42800 Washington Street
La Quinta, CA 92203
Description
Debit
Credit
TOTAL CONSIDERATION:
Total Consideration
6,760,000.00
City of La Quinta
1,536,201.34
NEW AND EXISTING ENCUMBRANCES:
Assumption from The USA, actring through the Farmers Home Administration
611,847.37
Seller Carryback from La Quinta Housing Authority (Construction & Acquisition)
15,058,288.00
PAYOFFS:
Provident Bank
1,536,201.34
Principal balance 1,243,526.42
Interest From 03/08/2018 through 03/15/2018 2,310.16
HOLD PER DEMAND UNTIL 03/15/2018 14,185.16
Interest 03/07/18 2,025.30
Prepayment Penalty 273,964.00
Forwarding Charge 30.00
Reconveyance Charge 45.00
Fax Charge 12.00
County Recorder Charge 103.30
PRORATIONS AND ADJUSTMENTS:
Offset for Undisbursed Housing Authority Funds
7,908,455.37
Offset for Reserve Account
1,001,680.00
Sub Totals
17,206,336.71
17,206,336.71
Totals
17,206,336.71
17,206,336.71
This statement is based on information available to the escrow holder as of the date this statement was prepared and the closing date shown
above. Actual amounts may change and/or vary depending on updated information received and the final closing date. -
Printed by Cheryl A. Greer on 3/14/2018 - 9:35:17PM Page 1 of 2
Susan Maysels
From: jonmcmillen <jon@tallmangroup.net>
Sent: Thursday, March 15, 2018 6:55 AM
To: Frank Spevacek; Susan Maysels; Teresa Thompson
Subject: Washington Street Sellers statement
Attachments: Est Stmt - S.pdf, ATT00002.txt
Please have attached sellers statement signed and email back to me. It is accurate and reflects the current
transaction in escrow.
Thanks
jon