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F-5. AGREEMENT WITH CITY OF GLENDALE FOR OPTION AND SALE OF EXCESS PROPERTY Pursuant to A.R.S. §48-3603, approve an Agreement for Option and Sale of Excess Real Property between Flood Control District of Maricopa County and the City of Glendale to convey excess property to Glendale along New River Channel in the amount of $3,894,430.00. These properties were declared excess by the Board of Directors on February 20, 2008 (C-69-08-037-B-00). The properties (portions of APN’s 142-60-005D, 142-60-005E and 142-60-005J) are all located: 1. South and west of 99th Avenue and Northern Avenue in Glendale on the east side of New River Channel. The District utilizes its Disposition Program on all excess properties to evaluate them for the best potential of sale or leasing, depending on current market conditions and information. The property is located in Supervisor District 4. (C-69-09-068-8-00)