Vote — approved

Clint Hickman	yes
Jack Sellers	yes
Thomas Galvin	yes
Bill Gates	yes
Steve Gallardo	yes

Ayes: Clint Hickman, Jack Sellers, Thomas Galvin, Bill Gates, Steve Gallardo

Item Text

69. LISTING AGREEMENT WITH ROI PROPERTIES, LLC Request the Board to approve and execute a Listing Agreement between the Flood Control District (District) and ROI Properties, LLC (ROI) authorizing ROI to list and market real property to the public that has been declared as excess to the needs of the District . The District is authorized to offer up to a 3% brokerage fee pursuant t Resolution 2007R012. Interested buyers procured by ROI will be required to bid at public auction pursuant to A.R.S. § 48-3603. The District utilizes its disposition program on all excess properties to evaluate them for the best potential of sales or leasing, depending on current market information. The properties would be sold at public auction with the minimum bid being market value as determined by appraisal, unless to another agency for public purposes, at market value without auction. TERM OF AGREEMENT AND CONDITIONS OF SALE: The term of this Listing Agreement (the “Agreement”) shall be from March 1, 2023- February 29, 2024 (the “Term”) (I). The prices for which the Properties are offered shall be in accordance with A.R.S.§ 48-3603 and as set forth in Addenda issued upon the listing/broker engagement of each Property. This Agreement is subject to the provisions of A.R.S. § 38-511. (C-69-23-043-X-00)

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