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56. PURCHASE SALE AGREEMENT WITH PBB-TRG ACQUISITION COMPANY, L.L.C. Approve and authorize the Chairman to execute, a purchase sale agreement with PBB-TRG Acquisition Company, L.L.C. for the sale of Lots 1, 4, 10, 11, 16, 17 and 18 of Dorsey Crossing 2nd Amended subdivision located in the vicinity of 1213 E. Broadway Road in Tempe, Arizona which property was offered for sale through a public auction process conducted on August 2, 2012; and authorize the Chairman to execute all documents, covenants, and agreements associated with the sale of the subject real property. PBB-TRG Acquisition Company, L.L.C is the successful bidder through a public auction process whereby Lots 1, 4, 10, 11, 16, 17 and 18 of Dorsey Crossing 2nd Amended subdivision were offered for sale on August 2, 2012. The winning bid amount is $1,500,000.00. (C-18-12-049-3-01)

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39. TERMINATION OF DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS – DORSEY CROSSING AMENDED Approve and authorize the Chairman to execute, the Termination of Declaration of Covenants, Conditions and Restrictions – Dorsey Crossing Amended. PBB-TRG ACQUISITION COMPANY, L.L.C. is “Buyer” of County-owned Lots 1, 4, 10, 11, 16, 17 and 18 of Dorsey Crossing 2nd Amended as part of the Purchase Contract authorized under agenda C-18-12-049-3-01. The Buyer is facilitating the termination of the subject Covenants, Conditions and Restrictions at the close of escrow. The Closing is scheduled to occur on, or about, March 30, 2013, unless extended as allowed for in the Purchase Agreement. (C-18-12-049-3-02)

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40. AUTHORIZE ENTITLEMENT APPLICATION PROCESSING WITH THE CITY OF TEMPE Approve and authorize the Chairman to execute, a letter to the City of Tempe Community Development Department authorizing entitlement application processing by PBB-TRG ACQUISITION COMPANY, L.L.C. (the “Buyer”) and the Buyer’s agents with respect to entitlements for the real property identified as Lots 1, 4, 10, 11, 16, 17 and 18 of Dorsey Crossing 2nd Amended. On August 22, 2012, Maricopa County and Buyer entered into a Purchase-Sale Agreement for sale/purchase of the subject Dorsey Crossing property. As part of its due diligence, the Buyer is securing enhanced entitlements from the City of Tempe for a multi-family residential community development at Dorsey Crossing. In order to continue the City’s entitlement process, the City of Tempe requires authorization from the County, as the owner of the subject property. The County’s letter to the City of Tempe authorizes the Buyer’s representatives from The P.B. Bell Companies; the law firm of Gammage & Burnham P.L.C.; and the architectural firm of ORB Architecture, LLC to process through the City of Tempe all necessary applications, plans, code modification, development plan review, use permit, variance and subdivision plat applications which may be related to securing entitlements for a multi-family residential community development at the Dorsey Crossing property. (C-18-12-049-3-03)

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56. AUTHORIZE 90-DAY EXTENSION TO CLOSE OF ESCROW Approve a ninety (90) day extension to the Close of Escrow as requested by PBB-TRG ACQUISITION COMPANY, L.L.C. (the “Buyer”) with respect to the Purchase Sale Agreement for the real property identified as Lots 1, 4, 10, 11, 16, 17 and 18 of Dorsey Crossing 2nd Amended. On February 26, 2013, the Buyer requested Maricopa County agree to extend the Close of Escrow by ninety (90) days to allow the Buyer more time to complete the Use Permit application and review process through the City of Tempe. The Buyer will deposit into escrow a non-refundable Escrow Extension Fee of $45,000. (C-18-12-049-3-04)