C-number: C-78-24-045-X-00
Revision: 00
Vote — approved
Ayes: Clint Hickman, Jack Sellers, Thomas Galvin, Bill Gates, Steve Gallardo
Item Text
111. PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS BETWEEN MARICOPA COUNTY AND D23, LLC. 2233 W DUNLAP AVE. PHOENIX, AZ Approve and execute a Purchase Agreement and Escrow Instructions (PSA) for the purchase of real property and improvements located at 2233 W. Dunlap Avenue in Phoenix from D23, LLC, an Arizona limited liability company, and authorize the Chairman to execute all other documents required to purchase the property without further Board action, provided the terms are in substantial conformance with the PSA and approved by legal counsel. The purchase price is $11,500,000. The property is being purchased for use as an office building by Public Health Department. Approve the following use of American Rescue Plan Act (ARPA) funding consistent with the Board of Supervisors approved priorities. Non-Departmental -Public Health building purchase for service expansion $11,500,000 Also, authorize the Maricopa County Office of Budget and Finance to make the following adjustments to revenue and expenditure authority in FY 2024 for the Coronavirus Fiscal Recovery Fund (Fund 296) budgets: Non-Departmental (D470) Public Health Building (PHBD): $11,500,000 Non-Departmental (D470) Non-Recurring (NRNP): ($11,500,000) Grant revenues are not local revenues for the purpose of the constitutional expenditure limitation, and therefore, expenditure of the funds is not prohibited by the Budget Law. Approval of this action does not alter the budget constraining the expenditure of local revenues duly adopted by the Board pursuant to A.R.S. §42-17105. This action takes place in Supervisory District 3. (C-78-24-045-X-00)