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4.100 <br /> Ed Smith, Director <br /> Walt Haniuk <br /> 9'/2/76 <br /> • <br /> Closing Status of Wayne Morse Ranch Acquisition <br /> The following outline indicates the status of the closing particulars regarding <br /> the acquisition of the Wayne Morse Raich. The closing was initiated on schedule, <br /> August 31st. All closing costs were satisfied, with the exception of the <br /> advalorem taxes for 1976-77. I will discuss this item with you for clarification. <br /> Attached are copies of closing statements indicating the adjustments on pro-rated <br /> taxes. <br /> Closing Schmale: . <br /> Closing Payment $276,508.22 <br /> Purchase price-- $276,000.00 <br /> Escrow & Recording 266.50 <br /> TOTAL: 276,266.50 <br /> Less Credit Taxes Paid <br /> 7/1/76 - 8/31/76 1 ,022.28 <br /> TOTAL: 275,244.22 <br /> BOR Partial Payments: 1 ,264.00 <br /> TOTAL: 276,508.22 <br /> Closing Funding Participation: $276,508.22 <br /> City 14;7 :2 <br /> CD Funds 33,200.00 <br /> BOR :428,533.00 <br /> State OR 100,000.00 <br /> Pending Advalorem Taxes: <br /> Taxes Computed - 7/1/76 to 6/30/77. 6,133.73 <br />