HomeMy WebLinkAbout20194747.tiffClosing Statement
Closing Settlement Statement
Seller: Weld County Finance Corporation
Seller:
Property Address:1301 North 17th Avenue
City: Greeley
Seller(s) Column
Buyer: Board of Weld County Commissioners
Zip: 80631
State: Colorado
la. Sales Price $3,525,735.00
2a. Down -payment
[ia.
3a. Balance
Expenses
Ha. Title Search
1-6—a—. Recording Fees
r -
7a. Title Insurance
$3,525,735.00
Buyer(s) Column
lb. Sales Price
2b. Down -payment
3b. Balance
$3,525,735.00
4b. Expenses1
5b. Title Search
6b. Recording Fees
7b. Title Insurance
8a. Attorney Fees 8b. Attorney Fees
9a. Notary Fee
10a. Survey
11 a. Commission to
12a.
13a.
14a.
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13b.
14b.
9b. Notary Fee
10b. Survey
11b. Commission to
12b.
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20a. Total Expenses $0.00 20b. Total Expenses
21a. Balance Less Expenses $3,525,735.00
22a. Other Adjustments
23a. County Tax Pro -ration
24a. City Tax Pro -ration
25a. Special Assessment Pro-
ration
26a.
27a
28a.
29a.
30a. Total Adjustments
31a. Balance Due to Seller
32a. Total Due to/from
Seller(s)
$0.00
$3,525,735.00
I certify that the contents hereof are true and correct.
Sellers: Welc ounty Finance Corporation
Tracy Taylor, President
DATE: July 17, 2019
21 b. Balance plus Expenses
22b. Other Adjustments
23b. County Tax Pro -ration
24b. County Tax Pro -ration
25b. Special Assessment Pro -ration
26b.
27b.
28b.
29b.
$0.00
30b. Total Adjustments
31b. Balance Due from Buyer
$0.00
$3,525,735.00
32b. Total Due From/to Buyer
$3,525,735.00
I certify that the contents hereof are true and correct.
Buys: Board of Weld Siounty Commissioners
Barbara Kirkmeyer, Chair
DATE: July 17, 2019
RESOLUTION
RE: APPROVE THE SALE OF BUILDING LOCATED AT 1301 NORTH 17TH AVENUE,
GREELEY, COLORADO
WHEREAS, the Board of the Weld County Finance Corporation of Weld County,
Colorado, pursuant to its corporate charter is vested with the authority of administering the affairs
of the Weld County Finance Corporation, and
WHEREAS, the Board of the Weld County Finance Corporation has determined it is
the best interest of the Weld County Finance Corporation to sell an office/warehouse
building located at 1301 North 17th Avenue, Greeley, CO 80631, and
WHEREAS, the Board of the Weld County Finance Corporation desires to authorize
Tracy Taylor, President to sign all the necessary documents to execute the sale of the
said building at a closing scheduled for July 17, 2019.
NOW, THEREFORE, BE IT RESOLVED by the Board of the Weld County Finance
Corporation to authorize the sale of the office/warehouse building located at 1301 North
17th Avenue, Greeley, CO 80631. Tracy Taylor, President is authorized to sign all the
necessary documents to execute the sale of the said building at a closing scheduled for
July 17, 2019.
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 11th day of July, A.D., 2019.
Weld County Finance Corporation
ATTEST:
Tracy T,Eiylor, President
Donald Win, Vice President
Bruarker, Secretary
MINUTES
WELD COUNTY FINANCE CORPORATION
MEETING OF JULY 11, 2019
CALL TO ORDER: Call to order by Tracy Taylor, President, 11:00A.M.
PRESENT:
Tracy Taylor, President,
Donald D. Warden, Vice President
Bruce Barker, Secretary
OLD BUSINESS: No old business was considered.
NEW BUSINESS:
1. Don Warden explained the Weld County Finance Corporation needs to sell an
office/warehouse building located at 1301 North 17th Avenue, Greeley, CO 80631. The
building was purchased on March 19, 2019 with the intent to sell it to Weld County in
July 2019. The funds from the sale will repay Weld County for the funds advanced from
Weld County for the purchase on March 19, 2019.
Don Warden made a motion, seconded by Bruce Barker to authorize the sale of the
office/warehouse building located at 1301 North 17th Avenue, Greeley, CO 80631. Tracy
Taylor, President is authorized to sign all the necessary documents to execute the sale
of the said building at a closing scheduled for July 17, 2019. The motion was approved
unanimously by the Board. A resolution authorizing Tracy Taylor to execute the
transaction was also approved unanimously by the Board.
2. The status of the corporation was discussed. Everything appears to be in order.
ADJOURNMENT: Adjourned by unanimous vote at 11:22 A.M.
WELD COUNTY FINANCE CORPORATION
Tray ylor, Pre 'de
Donal • �':. - Vice President
Br Barker, Secretary
Weldfinancecorpminutes 7-11-2019
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