C-number: C-69-18-009-8-00
Revision: 00
Vote — approved
144.PURCHASE AGREEMENT FOR SALE OF FCD PARCEL R-7222-116EX (Supervisory District No. 3) Pursuant to A.R.S. §48-3603(I), the Flood Control District (District) requests the Board of Directors approve the sale of FCD Parcels R-7222-116EX (APN 202-06-015K) and authorize the Chair to execute a deed by and between Flood Control District of Maricopa County as Seller, and Satheesh K. Ambadi, as Buyer, and authorize the Chair to sign all other documents approved by legal counsel required to dispose of/tr
Item Text
144. PURCHASE AGREEMENT FOR SALE OF FCD PARCEL R-7222-116EX (Supervisory District No. 3) Pursuant to A.R.S. §48-3603(I), the Flood Control District (District) requests the Board of Directors approve the sale of FCD Parcels R-7222-116EX (APN 202-06-015K) and authorize the Chair to execute a deed by and between Flood Control District of Maricopa County as Seller, and Satheesh K. Ambadi, as Buyer, and authorize the Chair to sign all other documents approved by legal counsel required to dispose of/transfer the property without further Board action. This District property was purchased as part of the New River Floodplain Mitigation project and was declared excess to the needs of the District by the Board of Directors on September 6, 2017 (C-69-18-009-8-00). On July 26, 2025, District parcel R-7222-116EX was appraised at a value of $15,000.00. On December 10, 2025, the Maricopa County Real Estate Department held a public auction for District parcel R-7222-116EX that resulted in a winning bid of $65,000.00. (C-69-26-019-X-00)
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