BOARD OF TRUSTEES OF ST PETERSBURG COLLEGE
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KEN BURKE. CLERK OF COURT
PINELLAS COUNTY FLORIDA
INST# 2005194370 05/19/2005 at 02:54 PM
OFF REC BK: 14325 PG: 266-267
DocType:DEED RECORDING: $18.50
BOis instrument prepared by:
JOSEPH H. LANG
669 First Avenue N.
SI. Petersburg, FL 33701
WARRANTY DEED
THIS INDENTURE made this /ff1Ldayof I11AV , 2005, by and between BOARD OF
TRUSTEES OF ST. PETERSBURG COLLEGE, party of tile first part, and CITY OF CLEARWATER,
whose mailing address is 112 South Osceola Avenue, Clearwater, Florida 33756, party of the second part.
WITNESSETH, that the said party of the first part, for and in consideration of the sum of TEN AND
NO/100 DOLLARS ($10,00), and other"valuable consideration, to it in hand paid by the said party of the
second part, the receipt whereof is hereby acknowledged, has given, granted, bargained, sold, conveyed
and confirmed, and by these presents does give, grant, bargain, se!I, convey and confirm to the said party
of the second part the, following described real estate in the County of Pinellas, and State of Florida, to wit:
A parcel of land lying within the Southwest 1/4 of the Southeast 1/4 of Section 7, Township 29
South, Range 16 East, Pinellas County, Florida and being further described as follows:
Commence at the Southwest corner of the Southeast 1/4 of said Section 7; thence along the west
line of said Southeast 1/4 N 000 41' 47" E, for 50.00 feet to the north right-of-way line of Drew Street; and ~
also being the POINT OF BEGINNING; thence continue along said line N 000 41' 47" E, for 435,00 feet;
thence/leaving said line, S 89040' 19" E for 542.36 feet; thence S 00" 41' 47" W for 435,00 feet to the north
right-ai-way line 01 said Drew Street; thence along said right-ai-way line N 89< 40' 19" W lor 542.3[leet to ~ ~ .
the Point of Beginning, 0
Parcel No. 07/29/16/00000/430/0000
Subject to restrictions and easements of record, if any,
Subject to 2005 ad valorem taxes, and subsequent years,
TO HAVE AND TO HOLD the above described land and premises, with all the privileges and
appurtenances thereunto belonging, or in any wise appertaining, unto the said party of the second part its
successors and assigns, to its use and behoof in fee simple of it and its successors and assigns forever.
And the said party of the first part does hereby covenant to and with the said party of the second part
its successors and assigns, that the said party of the first part is lawfully seized and fully warrants the title
and will defend the same against the lawful claims of all persons whomsoever.
IN WITNESS WHEREOF, the said party of the first part has hereunto affixed its seal the day and
year first above written,
Signed, Sealed and Delivered
ii~
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Board of Trustees of St. Petersburg College
By---6J ...~~,.~
Carl M. Kuttler. Jr.. College President aDd
Secretary to the Board of Trustees
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STATE OF FLORIDA
COUNTY OF PINELLAS
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l~A"~~ Trecl C. Steen
rf i~ MY COMMISSION # 000. 30m EXPIRES
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,lIfo.IlI'" BONDED THRU TROY FAIN INSURANCE. INC
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NOTARY PUBL.!C-.-: .
Printed Name 1 (l.Ac.1 Q ~ree.J
My Commission Expires: M,~ ;(,'~
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A. Settlement Statement
U.S. Department of Housing
and Urban Development
OMB Approval No, 2502-0265
B. Type of Loan
1. 0 FHA 2. 0 FmHA 3, 0 Conv, Un ins, 6, File Number:
04-2004-4349
4. 0 VA 5. 0 Conv, Ins,
C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown.
f f d' Idd' h tl
7, Loan Number:
none
8, Mortgage Insurance Case Number:
none
Items
marked "(p.o.c.)" were paid outside the closing; they are shown here or in ormational purposes an are not mc u e m t e to as,
D. Name & Address of Borrower E, Name & Address of Seller F. Name & Address of Lender
City of Clearwater, Florida Board of Trustees, St. Petersburg College NONE
Successors to SPJC D.B.T.
112 South Osceola Avenue 13805 58th Street North
Clearwater, Florida 33756 Clearwater, FI. 33760
G, Property Location H. Settlement Agent
A parcel ofland lyingwithin the SW 1/4 of the SE 1/4 of Joseph H. Lang, Attorney at Law
Sec, 7, Twshp 29S, Range 16E" Pinellas Cty FI. and Place of Settlement I. Settlement Date
being further described by metes and bounds as a 435' 669 First Avenue North 05/18/05
X 542,36" on Drew Street formerly the SPJC Gym, St. Petersburg, Florida, 33701
containing 5.42 acres m,o,1. Disburse Date: 05/18/05
J. Summary of Borrower's Transaction K. Summary of Seller's Transaction
100. Gross Amount Due From Borrower 400. Gross Amount Due To Seller
101. Contract Sales Price 1,950,000,00 401, Contract Sales Price 1,950,000,00
102. Personal Property 402, Personal Property
103. Settlement charges to borrower (line 1400) 18,50 403.
104. 404.
105. 405.
Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance
106. City/town taxes 406, City/town taxes
107. County taxes 407. County taxes
108. Assessments 408. Assessments
109, 409.
110. 410,
111. 411,
112. 412,
120. Gross Amount Due From Borrower 1 950 018.50 420. Gross Amount Due To Seller 1.950 000.00
200. Amounts Paid By Or In Behalf Of Borrower 500. Reduction In Amount Due To Seller
201. Deposit or earnest money 501, Excess deposit (see instructions)
202, Principal amount of new loan(s) 502, Settlement charges to seller (line 1400) 46,480,00
203, Existing loan(s) taken subject to 503, Existing loan(s) taken subject to
204. 504, Payoff of first mortgage loan
205. 505,
206. 506.
207. 507.
20B, 508.
209. 509,
Adjustments for items unpaid by Seller Adjustments for items unpaid by Seller
210. City/town taxes 510, City/town taxes
211. County taxes 511, County taxes
212, Assessments 512, Assessments
213, 513,
214. 514,
215. 515,
216, 516,
217, 517,
21B. 518.
219. 519,
220. Total Paid Bv/For Borrower 520. Total Reduction Amount Due Seller 46 480.00
300. Cash At Settlement From or To Borrower 600. Cash At Settlement To or From Seller
301. Gross amount due from borrower (line 120) 1,950,018,50 601, Gross amount due to seller (line 420) 1,950,000,00
~~~.J:ess amounts paid by/for borrower (line 220) 602. Less reduction amount due seller (line 520) 46,480.00
303, CASH FROM BORROWER $ 1,950,018.50 603. CASH TO SELLER $ 1,903,520.00
SELLER INSTRUCTIONS: If this real estate was your principal residence, file Form 2119, Sale or Exchange of Principal Residence, for any gain, with your income tax return; for
other transactions, complete the applicable parts of Form 4794, Form 6252 and/or Schedule D (Form 1040).
SUBSTITUTE 1099: The information contained in Blocks E, G, H, I and on line 401 (or, if line 401 is asterisked, lines 403 and 404) is important tax information and is being
furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction will be imposed on you if this item is required to be reported and
the IRS determines that it has not been reported,
Software and Added Formatting@2003Alta Star Software, Inc. All Rights Reserved, (877)279-8898 www.HudLite.com
Page 1 of 2
Form HUD-1 (3/86)
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L. Settlement Charges
700, Total Sales/Broker's Commission based on price $ 1,950,000.00
Division of Commission (line 700) as follows:
701. $ 39,000,00 to Colliers Arnold Commercial R,E,
702, $ to
703. Commission paid at Settlement
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800. Items Payable In Connection With Loan
801, Loan Origination Fee %
802. Loan Discount %
803,
804,
805.
806.
807.
808.
809.
810.
811.
900.
@ 2 % = $39,000,00 Paid From Paid From
Borrower's Seller's
Funds at Funds at
Settlement Settlement
39,000,00
Appraisal Fee
Credit Report
Lender's Inspection Fee
Mortgage Ins, Application Fee
Assumption Fee
to
to
to
to
to
to
to
to
to
Items Required By Lender To Be Paid In Advance
901. Interest from to @$ / day
902. Mortgage Insurance Premium for months to
903. Hazard Insurance Premium for years to
904, to
905. to
1000. Reserves Deposited With Lender
1001. Hazard Insurance months @ $ per month
1002 Mortgage Insurance months @ $ per month
1003. City Property Taxes months @ $ per month
1004. County Property Taxes months @ $ per month
1005, Assessments months @ $ per month
1006.
1007.
1008. Aggregate Acct Adiustment
1100. Title Charges
1101 Settlement or closing fee to
1102. Abstract or Title Search to
1103. Title Examination to
1104, Title insurance binder to
1105. Document preparation to
1106. Notary fees to
1107. Attorney's fees to
(Includes above line numbers: )
1108. Title insurance to Joseph H. Lang, Attorney at Law 7,450,00
(Includes above line numbers: 1103,1104,1105,1106, If'AI.. )
1109. Lender's coverage $ ,
1110, Owner's coverage $
1111. Bank Wire Charges to Baynard, McLeod and Lang P A 30,00
1112, to
1113. to
1200. Government Recording and Transfer Charges
1201. Recording fees: Deed $ 18,50 , Mortgage $ , Releases $ 18,50
1202. City/county tax/stamps: Deed $ Mortgage $
1203. State tax/stamps: Deed $ Mortgage $
1204, Both Parties exempt from to
1205, to
1300, Additional Settlement Charges
1301. Survey to
1302, Pest Inspection to
1303, Photocopies to
1304, to
1305. to
1400. Total Settlement Charges (enter on line 103, Section J and 502, Section K) 18.50 46,480.00
I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief it is a true and accurate account of all receipts and disbursements made on
my account or by me In thiS transaction. I further certify that I :ave received a copy r the HUg,-1 Settlement St;te.ment. _
esIl MlulJ; . ~Ct\A~~I~~
Seller Board of Trustees, St. Pet rsb
Seller Successors to SPJC D,B,T.
05/18/05
Date
It is a e to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction include a fine and imprisonment. For
5 U,S. Code Section 1001 and Section 1010.
S(1lftware and Added Formatting @ 2003 Alta Star Software, Inc. (877)279-8898 www.HudLite.com
Page 2 of 2
Form HUD-1 (3/86)
(American Land Title Association CommItment - 1966 Rev,)
~~~t~~~~~!ifQ~t~i~~~l!i~n~~B__ on this. ._S~m-m-itm-~nt~tlck~~i.~it~ei
Clos'i~gRrQte~tio"c!>~fferPf:!)m,ulga~~d'tlnderRule.-4..~~6.tJ10, -FA.C,
COMMITMENT
AND
CLOSING PROTECTION LETTER
Attorneys' Title Insurance Fund, Inc.
ORLANDO, FLORIDA
Commitment To Insure Title
ATTORNEYS' TITLE INSURANCE FUND, INC., a Florida corporation, herein called THE FUND,
for a valuable consideration, hereby commits to issue its policy or policies of title insurance, as
identified in Schedule A, in favor of the proposed Insured named in Schedule A, as owner or
mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule
A; subject to the provisions of Schedules A and B and to the Conditions and Stipulations hereof.
This Commitment shall be effective only when the identity of the proposed Insured and the
amount of the policy or policies committed for have been inserted in Schedule A hereof by THE
FUND, either at the time of the issuance of this Commitment or by subsequent endorsement.
This Commitment is preliminary to the issuance of such policy or policies of title insurance and all
liability and obligations hereunder shall cease and terminate six months after the effective date
hereof or when the policy or policies committed for shall issue, whichever first occurs, provided
that the failure to issue such policy or policies is not the fault of THE FUND.
In Witness Whereof, ATTORNEYS' TITLE INSURANCE FUND, INC. has caused this Commitment
to be signed and sealed as of the effective date of Commitment shown in Schedule A, the
Commitment to become valid when countersigned by an authorized signatory.
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Attorneys' Title Insurance Fund, Inc.
By ~~
Charles J, Kovaleski
President
SERIAL
CF - 1088751
FUND FOAM CF (rev, 5/99)
Standard Exceptions
The owner policy will be subject to the mortgage, if any, noted under item two of Section I of Schedule B
hereof. All policies will be subject to the follm".'ing exceptions: (1) taxes for the year of the effective date of
this Commitment and taxes or special assessments which are not shown as existing liens by the public
--~ffordS7..(2)r-ights.or~laims. of-partiesinpossession-notshowrrbythe-pubiicrecurds;i3Terrcroachmertts,
overlaps, botmdary line disputes, and any other matters which would be disclosed by an accurate survey
and inspection of the premises; (4) easements, or claims of easements, not shown by the public records; (5)
any lien, or right ~o a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law
artd not shown by the public rec<;>rds,
Conditions and Stipulations
1.
The term "mortgage," when used herein, shall include deed of trust, trust deed, or other security
instrument.
2.
If the proposed Insured has or acquires actual knowledge of any defect, lien, encumbrance, adverse
claim or other matter affecting the estate or interest or mortgage thereon covered by this
Commitment other than those shown in Schedule B hereof, and shall fail to disclose such knowledge
to THE FUND in writing, THE FUND shall be relieved from liability for any loss or damage resulting
from any act of reliance hereon to the extent THE FUND is prejudiced by failure to so disclose such
knowledge, If the proposed Insured shall disclose such knowledge to THE FUND, or if THE FUND
otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim or other
matter, THE FUND at its option may amend Schedule B of this Commitment accordingly, but such
amendment shall not relieve THE FUND from liability previously incurred pursuant to paragraph
3 of these Conditions and Stipulations.
3,
Liability of THE FUND under this Commitment shall be only to the named proposed Insured and such
parties included under the definition of Insured in the form of policy or policies committed for and
only for actual loss incurred in reliance hereon in nndertaking in good faith (a) to comply with the
requirements hereof, or (b) to eliminate exceptions shown in Schedule B, or (c) to acquire or create the
estate or interest or mortgage thereon covered by this Commitment. In no event shall such liability
exceed the amount stated in Schedule A for the policy or policies committed for and such liability is
subject to the insuring provisions, the Exclusions from Coverage and the Conditions and Stipulations
of the form of policy or policies committed for in favor of the proposed Insured which are hereby
incorporated by reference and are made a part of this Commitment except as expressly modified
herein,
4.
Any action or actions or rights of action that the proposed Insured may have or may bring against THE
FUND arising out of the status of the title to the estate or interest or the status of the mortgage thereon
covered by this Commitment must be based on and are subject to the provisions of this Commitment.
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FUND COMMITMENT FORM
Commitment No.: 1088751
SCHEDULE A
Effective Date: f?$!t,:A~ ?nn~
Effective Time: 8:00 AM
Agent's File Reference: 04-2004-4349
1. Policy or Policies or Guarantee to be issued: Proposed Amount of Insurance
OWNER'S:
$1,950,000.00
Proposed Insured:
City of Clearwater
MORTGAGEE:
$
Proposed Insured:
2. The estate or interest in the land described or referred to in this commitment is a fee simple (if other,
specify same) and title thereto is at the effective date hereof vested in:
The District Board of Trustees of St. Petersburg Junior College, Florida, by virtue of warranty deed from The
Board of Public Instruction of Pinellas County, Florida, a body politic, dated July 31, 1968 and recorded
August 2, 1968 in O.R. Book 2882, page 64, Public Records of Pinellas County, Florida.
The land referred to in this commitment is described as follows:
See Exhibit "A" attached,
669 First Avenue North
(Mailing Address)
3624
AGENT NO,
St. Petersburg
(
SIGNATURE
FL 33701
(State and Zip)
ISSUED BY
JOSEPH H. LANG
FUND Form C-SCH. A (M08-023) OPM-SCH. A
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FUND COMMITMENT FORM
SCHEDULE B
Commitment No,: 1088751
I. The following are the requirements to be complied with:
Payment of the full consideration to, or for the account of, the grantors or mortgagors.
Instruments creating the estate or interest to be insured which must be executed, delivered and filed for
record:
a) Warranty deed from The District Board of Trustees of St. Petersburg College, formerly the District Board of
Trustees of St. Petersburg Junior College in favor of the proposed insured to be executed and filed of record.
II. Schedule B of the policy or policies or guarantee to be issued will contain exceptions to the following matters unless
the same are disposed of to the satisfaction of The Fund:
,j j.. 1, Taxes for the year of the effective date of this policy and taxes or special assessments which are not shown as
\J' rr' existing liens by the public records,
~2, Rights or claims of parties in possession not shown by the public records,
~ 3, Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an accurate
survey and inspection of the premises.
Yo-i'
Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not
shown by the public records,
5, Easement in favor of Florida Power Corporation, contained in instrument recorded March 24, 1966, in 0, R. Book
2354, page 152, Public Records of Pinellas County, Florida,
6, Easement in favor of City of Clearwater, Florida, contained in instrument recorded April 18, 1978, in 0, R. Book
4683, page 2024, Public Records of Pinellas County, Florida.
7, Easement in favor of Florida Power Corporation, contained in instrument recorded November 11, 1977, in O,R. Book
4532, page 523, Public Records of Pinellas County, Florida,
8, Any owner policy issued pursuant hereto will contain under$chedule B the following exception:
Any adverse ownership claim by the State of Florida byright of sovereignty to any portion of the lands insured
hereunder, including submerged, filled and artificially e*posedlands, and lands accreted to such lands,
v9
Fe ralliens and judgment liens, if an filed with the Florida Depart nt of State pursua to See, 713,901, et seq.
F,S, nd Sec. 55.201, et seq. F.S, resp ctively, which designate the rida Department' f State as the place for
filing f eralliens and judgment liens ag 'nst personal property, For in uring purposes:
(a) Pursu t to Sec. 713,901, et seq. F,S, pe onal property includes, but i not limited to, m rtgages, leaseholds,
mortgages a leaseholds, interests in cooperati associations, vendees' inte sts, and options hen those interests
are held by a artnership, corporation, trust or cedent's estate; and
(b) Pursuant to S .55,201, et seq, F.S., personal operty includes, but is not II
cooperative associ 'ons, vendees' interests, and op' ns rega,rdless of the type entity holdin such interests,
including individuals, ote: Mortgages have been speci Illy excluded from the perso
a judgment lien may be quired under the provisions of c. 55.201, et seq.. F,S,),
j 10, Anylien provide y County Ordinance or by Ch ter 159, Florida Statute in favor of any city, town, villa~or port
f( V authority, for unpai ervice charges for services b ny water systems, se r systems or gas systems serv~ the
'\ land described herein; d any lien for waste fees in avor of any county or m icipality,
FUND Form C-SCH B (Rev ,1/77)
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04-2004-4349
EXHIBIT "A"
A parcel of land lying within the Southwest ~ of the Southeast ~ of Section 7,
Township 29 South, Range 16 East, Pinellas County, Florida and being further
described as follows:
Commence at the' Southwest corner of the Southeast X of said Section ,7; thence along thewesf-Iine
of said Southeast ~ NOOD41'47"E. for 50.00 feet to the north Right-of~Way line of Drew St; and also:belhg the
POINT OF BEGINNING; thence continue along said line NOoo41'4TE, for 435.00 feet; thence,'leavlng said
line, Sa9040'19"E, for 542.36 feet; thence SOO"41'47"W, for 435.00 feet to the north R'ght~of-Way line of said
Drew Street; thenoe along said RIght-of-Way line N89040'19W, for 542.36 feet toihe POINT OF
BEGINNING,
Closing Protection Letter
The operation and scope of the following Closing Protection Letter ("Letter") is limited to the transaction which is the
subject of the commitment to which this Letter is attached and is also directed to those person(s) and/or entity (ies) set
forth in the Letter and identified as a proposed insured in the commitment.
RE: Issuing Agent: Agent countersigning the attached commitment.
When title insurance of Attorneys' Title Insurance Fund, Inc. is specified for your protection in connection with closings
of real estate transactions in which you are to be the lessee or purchaser of an interest in land or a lender secured by a
mortgage (including any other security instrument) of an interest in land, Attorneys' Title Insurance Fund, Inc., subject to
the Conditions and Exclusions set forth below, hereby agrees to reimburse you for actual loss incurred by you in connection
with such closing when conducted by said Issuing Agent when such loss arises out of:
1. Failure of said Issuing Agent to comply with your written closing instructions to the extent that they relate
to (a) the status of the title to said interest in land or the validity, enforceability and priority of the lien of said
mortgage on said interest in land, including the obtaining of documents and the disbursement of funds
necessary to establish such status of title or lien, or (b) the obtaining of any other document, specifically
required by you, but not to the extent that said instructions require a determination of the validity,
enforceability or effectiveness of such other document, or (c) the collection and payment of funds due you,
or
2. Fraud or dishonesty of said Issuing Agent in handling your funds or documents in connection with such
closing.
If you are a lender protected under the foregoing paragraph, your borrower in connection with a loan secured by a
mortgage on a one-to-four family dwelling shall be protected as if this letter were addressed to your borrower,
Conditions and Exclusions
A. Attorneys' Title Insurance Fund, Inc. will not be liable to you for loss arising out of:
1. Failure of said Issuing Agent to comply with your closing instructions which require title insurance protection
inconsistent with that set forth in the title insurance binder or commitment issued by Attorneys' Title Insurance
Fund, Inc. Instructions which require the removal of specific exceptions to title or compliance with the
requirements contained in said binder or commitment shall not be deemed to be inconsistent.
2, Loss or impairment of your funds in the course of collection or while on deposit with a bank due to bank failure,
insolvency or suspension, except such as shall result from failure of said Issuing Agent to comply with your
written closing instructions to deposit the funds in a bank which you designated by name,
3. Mechanics' and materialmen's liens in connection with your purchase or lease or construction loan
transactions, except to the extent that protection against such liens is afforded by a title insurance binder,
commitment or policy of Attorneys' Title Insurance Fund, Inc.
4. The periodic disbursement of construction loan proceeds or funds furnished by the owner to pay for construction
costs during the construction of improvements on the land to be insured, unless an officer of the company has
specifically accepted the responsibility to you for such disbursement program in writing.
B, When Attorneys' Title Insurance Fund, Inc. shall have reimbursed you pursuant to this letter, it shall be subrogated
to all rights and remedies which you would have had against any person or property had you not been so reimbursed,
Liability of Attorneys' Title Insurance Fund, Inc. for such reimbursement shall be reduced to the extent that you have
knowingly and voluntarily impaired the value of such right of subrogation,
C. Any liability of Attorneys' Title Insurance Fund, Inc. for loss incurred by you in connection with closings of real
estate transactions by said Issuing Agent shall be limited to the protection provided by this letter. However, this letter
shall not affect the protection afforded by a title insurance binder, commitment or policy of Attorneys Title
Insurance Fund, Inc. The dollar amount of liability hereby incurred shall not be greater than the amount of the title
insurance binder, commitment or policy of title insurance to be issued, and liability hereunder as to any particular loan
transaction shall be coextensive with liability under the policy issued to you in connection with such transaction,
Payment in accordance with the terms of this letter shall reduce by the same amount the liability under such policy
and payment under such policy shall reduce by the same amount the company's liability under the terms of this letter.
D, Claims of loss shall be made promptly to Attorneys' Title Insurance Fund, Inc. at its principal office at 6545 Corporate
Centre Boulevard, P.O. Box 628600, Orlando, Florida 32862-8600, When the failure to give prompt notice shall prejudice
Attorneys' Title Insurance Fund, Inc., then liability of Attorneys' Title Insurance Fund, Inc., hereunder shall be reduced
to the extent of such prejudice. Attorneys' Title Insurance Fund, Inc. shall not be liable hereunder unless notice of loss
in writing is received by Attorneys' Title Insurance Fund, Inc. within ninety (90) days from the date of discovery of
such loss.
E, Nothing contained herein shall be construed as authorizing compliance by any issuing agent with any such closing
instructions, compliance with which would constitute a violation of any applicable law, rule or regulation relating to
the activity of title insurers, their issuing agents, and their failure to comply with any such closing instructions shall
not create any liability under the terms of this letter.
F. The protection herein offered will be effective until cancelled by written notice from Attorneys' Title Insurance Fund,
Inc, Any previous insured Closing Service letter or similar agreement is hereby cancelled, except as to closings of your
real estate transactions regarding which you have previously sent (or within 30 days hereafter send) written closing
instructions to said Issuing Agent.
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Barrett, Earl
From:
Sent:
To:
Cc:
Subject:
Barrett, Earl
Tuesday, May 24, 2005 3:50 PM
Chase, Susan
Herman, Jason
Joe DiMaggio Gym purchase
Susan -
RECEIVED
MAY 25 2005
OFFICIAL RECORDS AND
LEGISLATIVE SpItes DEPT
Under copy of this message I am forwarding the original Warranty Deed into the City conveying the subject property. The
deed has been recorded in O. R. 14325, Pages 266-267, public records of Pinellas County. I am arso forwarding an
original settlement statement, Attorneys' Title Insurance Fund Commitment & Closing Protection Letter updated at closing,
and a City-owned Property data pages summarizing transaction particulars.
I will place a copy of the deed in Engineering Official Records files and ask that Jason amend City-owned Atlas page 281 B
to reflect the purchase. I also request that a copy of the deed and City-owned Property summary sheet be place in
Engineering archive files under City parcel #289 along with the 32 acres SPC donated to the City in 2000.
I will forward the original title insurance policy upon receipt (probably by end of June).
1
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CITY OWNED PROPERTY
COUNTY IDENTIFIER: 07-29-16-00000-430-0000
ATLAS PAGE: 281B
LOCATION: 2450 DREW STREET
SHORT LEGAL: Commence at the SW corner of the SE ~ OF Sec. 7, Twp.
29 S., Rge. 16 E; thence along the west line of said
SE ~ N00041'47"E, for 50.00 ft. to the north R/W
line of Drew St.; and also being the POB; thence
continue along said line N00041'47"Em 435.00 feet;
thence leaving said line, S89040'19"E, 542.36 feet;
thence S00041'47"W; 435.00 feet to the north R/W
line of said Drew St.; thence along said R/W line
N89040'19"W, 542.36 feet to the POB.
DIMENSIONS/ACREAGE: 5.42 ACRES, MOL
SURVEY: YES BY: KING ENGINEERING DATE: 06-27-00
APPRAISALS: FORARTY & FINCH APPRAISERS: $2,200,000 (05/02)
JAMES MILLSPAUGH & ASSOCIATES:$2,050,000 (5/18/04)
SPECIAL USE (IF ANY): PURCHASED TO CONSOLIDATE WITH 32.32 ACRES
DONATED TO CITY BY ST. PETERSBURG COLLEGE IN DECEMBER 2000.
ZONING: CITY OF CLEARWATER INSTITUTIONAL (I)
SELLER: BOARD OF TRUSTEES OF ST. PETERSBURG COLLEGE
PURCHASE PRICE: $1,950,000
CLOSING COSTS: $18.50
APPROPRIATION CODE: 315-93130-560100-572-000-0000
ACQUISITION DATE: MAY 18, 2005
TITLE INSURANCE: YES - ATTORNEYS' TITLE INSURANCE FUND, INC.
TITLE UNDERWRITER: ATTORNEYS' TITLE INSURANCE FUND, INC.
POLICY NO.
CLOSING AGENT/FILE NO.: BAYNARD, MCLEOD & LANG, P.A.
O.R. BOOK/PAGE: 14325 / 266-267
(WARRANTY DEED)
COMMENTS: FORMER JOE DIMAGGIO GYM AND TENNIS COURTS. CITY TO
UTILIZE FOR PARKS AND RECREATION PROGAMS ON INTERIM BASIS, THEN
PROBABLY DEMO.