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C-number: C-18-13-005-3

C-number: C-18-13-005-3-00
Item: #54
Revision: 00
Item Text
54. INVESTIGATE POTENTIAL PURCHASE OF REAL PROPERTY Authorize Maricopa County staff to investigate the operational and financial benefit of acquiring parcels 139-49-021 and 139-49-022 for Maricopa County use and authorize the Real Estate Manager to enter into purchase negotiations with the owner and/or the owner’s representative(s) if the subject parcels are found to be suitable for Maricopa County use. The terms of any purchase agreement will be subject to the approval of the Maricopa County Board of Supervisors. (C-18-13-005-3-00) CHIEF PROCUREMENT OFFICER - OFICIAL PRINCIPAL DE ADQUISICIÓN

C-number: C-18-13-005-3-01
Item: #A-2
Revision: 01
Item Text
A-2. AGREEMENT WITH PHOENIX NEWSPAPERS, INC. FOR PURCHASE OF REAL PROPERTY Approve a Purchase Contract with Phoenix Newspapers, Inc., an Arizona corporation (Seller), or Seller’s successor/assignee, for the purchase of real property at 106 East Baseline Road in Mesa (the “Property”) for a purchase price of $850,000.00 plus closing costs; and authorize the Chairman to execute all documents, assignments, assumptions, covenants, and agreements associated with the subject purchase; and authorize staff to complete due diligence. The Property is identified by the County Assessor as APN 139-49-021 and APN 139-49-022. The Property consists of approximately 2 acres of land; a two-story office building totaling approximately 17,685 gross square feet; and an improved surface parking lot of approximately 122 parking spaces. The purchase contract permits the County a 60-day due diligence period which begins upon opening escrow. The County is required to submit an earnest money deposit in the amount of $100,000.00. The earnest money deposit is fully refundable if the Purchase Contract is terminated prior to the end of the 60-day due diligence period. The Seller has the right to occupy the Property post-closing for a period not to exceed one-hundred twenty (120) days. In addition to the purchase price of $850,000.00, the County will be responsible for the County’s due diligence expenses plus the County’s share of closing costs, the sum of which is not to exceed $50,000.00. (C-18-13-005-3-01)

C-number: C-18-13-005-3-02
Item: #44
Revision: 02
Item Text
44. FIRST AMENDMENT TO AGREEMENT WITH PHOENIX NEWSPAPERS, INC. FOR PURCHASE OF REAL PROPERTY Approve and authorize the Chairman to execute a First Amendment to the Purchase Contract with Phoenix Newspapers, Inc., an Arizona corporation (Seller), or Seller’s successor/assignee, for the purchase of real property at 106 East Baseline Road in Mesa (the “Property”) to modify the Post-Closing Occupancy to 150 days. This First Amendment will modify the Post-Closing Occupancy period from 120 days to 150 days. The Seller will reimburse the County $12,500 for the 30-day extension. (C-18-13-005-3-02)
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3 item(s) sharing C-number base C-18-13-005-3