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PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS
Page 1 of 7
Title Company
N/A (In House Recording)
Date
May 23, 2023
Address
Phone
City
,
Fax
Escrow Officer
N/A
Email
Escrow No.
N/A
Grantor:
The Flood Control District of Maricopa County, a political subdivision of the State of
Arizona
Phone:
Contact
Michael Fulton
Phone:
602-506-4708
Mailing Address:
2801 West Durango Street
Email
City, State Zip
Phoenix, AZ 85009
Fax:
Grantee: CITY OF MESA, an Arizona municipal corporation
Mailing Address:
Tamar Salpeter, P.O. Box 1466 Mesa, AZ 85211-1466
City of Peoria, an Arizona municipal Corporation shall pay
directly to the Grantor the purchase price plus all lawful costs
incidental to closing as follows:
Sub-
Object
Code
Charges and Disbursements to be paid to Grantor as follows (check all
that apply):
Escrow Fees
Total Acquisition of Grantor’s Property:
Title Policy Fees
Title Report
$0.00
Title Report Credit
Total Escrow & Title Fees
N/A
Recording Fees:
$0.00
Release & Reconveyance
Release of Lease
Partial Acquisition of Grantor’s Property:
Total Recording Fees
$0.00
Other Charges:
Appraisal Report Services
$0.00
(P.O.C.)
Easement(s): Consent to easement(s) by secured party(ies).
Total Other Charges
$0.00
Other Disbursements:
Sub Total
$0.00
Land*
$3,000.00
11
Easements*
11
Possession date:
Less Sales Deposit Received
$0.00
10
Close of escrow:
10
Date of recording:
12
Special Conditions Right of Way Contract
Yes
No
Total Compensation
$3,000.00
Total Escrow & Title Costs
N/A
14
Entry Agreement
Yes
No
Total Purchase Price
$3,000.00
Addendum attached hereto and made a
Yes
No
TOTAL **
$3,000.00
part hereof
*Escrow and title policy fees based on this amount only.
**Sum of "Total Closing Costs" and "Total Purchase Price" only.
*** P.O.C Paid outside of closing
Project:
East Maricopa Floodway – Reach 5
PCN:
121.01.12
Assessor Parcel No.:
304-05-018M, 018N and 020E
Item No
N-2269-09EX
Agent:
John Gaffney
Telephone #
602-506-8304
Page 2 of 7
The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE as
described in the Exhibit(s) attached hereto and made a part hereof, Agent is directed to deliver said
conveyance to THE CITY OF MESA, an Arizona municipal corporation, title to said property to be
transferred upon execution of the Special Warranty Deed by the BOARD OF DIRECTORS OF THE
FLOOD CONTROL DISTRICT OF MARICOPA COUNTY and its recordation with the Maricopa
County Recorder’s office.
The City of Mesa provided, at their own cost, an appraisal report created by Appraisal Technology,
LLC with a final opinion of market value of $3,000.00. The purchase price and the balance thereof
shall be paid in accordance with the terms herein.
The City of Mesa has waived escrow and title insurance. Upon such waiver, the references to Title
Company, Escrow Agent and title insurance herein are not applicable.
No element of this transaction will be handled through a title company. The deed will not be recorded
by the FLOOD CONTROL DISTRICT OF MARICOPA COUNTY until receipt of payment from
the Grantee to the Grantor for the total purchase price referenced herein.
It is understood and agreed the consideration expressed herein is accepted by the Grantor as full and
complete compensation for the interest being acquired.
This Agreement is subject to cancelation pursuant to A.R.S. § 38-511.
THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK
Page 4 of 7
GRANTOR:
RECOMMENDED FOR APPROVAL:
FLOOD CONTROL DISTRICT
OF MARICOPA COUNTY
Michael Fulton, Director
Date
MARICOPA COUNTY
REAL ESTATE DEPARTMENT
Alex Smith, Director
Date
APPROVED AS TO FORM and within the powers and authority granted under the laws of the State
of Arizona and Maricopa County
Flood Control District General Counsel
Date
Page 5 of 7
APPROVED AND ACCEPTED:
MARICOPA COUNTY BOARD OF DIRECTORS
Chairman of the Board
Date
ATTEST:
Clerk of the Board
Date
STATE OF ARIZONA
)
)ss.
COUNTY OF MARICOPA )
Before me,
, Notary Public in and for said County, State of Arizona, on this day
personally appeared the Chairman of the Board of the Political Subdivision in the foregoing
instrument.
Given under my hand and seal of the office this
day of
, 2023.
Notary Public (Signature)
Page 6 of 7
Exhibit ‘A’
Parcel Nos. 304-05-018M, 018N, and 020E
EAST MARICOPA FLOODWAY – REACH 5
Item No. N-2269-09EX
LEGAL DESCRIPTION
Those certain parcels of land described in Instrument #1984-0154897 recorded in Maricopa
County Records, lying in the Southwest Quarter of Section 7, Township 1 South, Range 7 East of
the Gila and Salt River Meridian, Maricopa County, Arizona, described as follows:
Commencing at the South Quarter corner of said Section 7, from which the Southwest corner of
said Section bears North 89°34’28” West, a distance of 2,518.89 feet;
thence along the South line of the Southwest Quarter of said Section, North 89°34’28” West, a
distance of 561.19 feet;
thence departing said South line, North 00°25’32” East, a distance of 33.00 feet to a point on the
Northerly Right of Way line of Elliot Road, said point being the Point of Beginning;
thence departing said Right of Way line and along the Easterly Parcel line of Roosevelt Water
Conservation Floodway (RWCF), North 00°19’32” East, a distance of 32.00 feet;
thence departing said Right of Way line and along the Easterly Parcel line of the RWCF, South
89°34’28” East, a distance of 112.21 feet;
thence departing said Right of Way line and along the Easterly Parcel line of the RWCF, South
00°25’32” West, a distance of 15.00 feet;
thence South 89°34’28” East, a distance of 85.00 feet;
thence South 00°28’32” West, a distance of 17.00 feet to a point on the Northerly Right of Way line
of Elliot Road;
thence along said Northerly Right of Way line, North 89°34’28” West, a distance of 197.15 feet to
the Point of Beginning.
The above described property contains 5,035 square feet or 0.1156 acres more or less.
Page 7 of 7
Exhibit ‘A’ Continued