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SA FULL PACKET_2017-10-17
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SA FULL PACKET_2017-10-17
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Last modified
10/16/2017 3:31:59 PM
Creation date
10/16/2017 3:31:12 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
SA4
Date
10/17/2017
Destruction Year
2022
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EXHIBIT A TO EXHIBIT 4 <br />BASIC TERMS <br />Buyer: Marianne P. Covington, Ridley J. Politiski and MichaelP, Politiski, as <br />Trustees of the Marital Trust of the Politiski Trust dated December 4, <br />2000 <br />Buyer's Address: <br />Marianne P. Covington, Ridley J. Politiski and Michael P. Politiski, as <br />Trustees of the Marital Trust of the Politiski Trust dated December 4, <br />2000 <br />Attention: Ridley J. Politiski, Trustee <br />320 S. Santa Maria Street <br />Orange, CA 92869 <br />E-mail address: <br />Tel.: (714) 552-1174 <br />Fax: (_ <br />City: <br />The City of Santa Ana <br />Closing: <br />The recording of the Deed <br />Closing Contingency Date: <br />November 30, 2017 <br />Closing Date <br />Estimated to occur by December 15, 2017, but not later than the <br />Outside Date <br />Deed: A grant deed in the form of Exhibit B hereto <br />Deposit: Twenty Thousand Dollars ($20,000.00) <br />Effective Date: October 17, 2017 <br />Escrow Holder: Commonwealth Land Title Insurance Company <br />4100 Newport Place, Suite 120 <br />Newport Beach, CA 92660 <br />Tel: (949) 724-3142 <br />Fax: (949)= _ <br />Attention: Kelly Ralph, Escrow Officer <br />(direct: (949) 724-3142; email: kelly.ralph@cltic.com <br />(or another escrow holder mutually acceptable to Buyer and Seller) <br />Independent <br />Consideration Amount: Two Hundred Dollars ($200.00) <br />Outside Date: December 31, 2017; provided that such date may be extended by <br />mutual writing agreement by Seller and Buyer <br />Oversight Board: The Oversight Board to the Successor Agency to the former <br />SA4-103 <br />
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