PURCHASE_AGREEMENT_-_FP-007-EX.PDF

PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS 
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E AGREEMENT AND ESCROW INSTR
Project: Floodprone Properties Assistance Program
PCN.: 700.00.12 
FCD Parcel No.: FP-007-EX 
Assessor Parcel No.: 202-20-453 
Agreement made on April 24, 2023, by and between: 
David Paul Cruz, a married man as his sole and separate property, with an address of 
26505 N. 56th Ln. Phoenix, AZ 85083, hereinafter referred to as “Buyer”. Buyer was the 
successful bidder at public auction held on April 24, 2023, based upon an Invitation for Public 
Auction (“Bid Package”) dated March 23, 2023. 
AND 
Flood Control District of Maricopa County, a political subdivision of the State of Arizona, 
with the address of: c/o Maricopa County Real Estate Department, 2801 W. Durango, Phoenix 
AZ, 85009, hereinafter referred to as “Seller”, 
"Agreement" means, when fully executed by Seller and Buyer, this Purchase Agreement and 
Escrow Instructions, 
WITNESSETH 
THAT Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller, the property 
described on Exhibit A, declared by the Maricopa County Board of Directors to be excess vacant 
land by Agenda Item C-69-07-015-B-00, approved on September 25, 2006, hereinafter referred to 
as the “Property”. The legal description of the Property is set forth on Exhibit A attached hereto 
and made a part hereof. 
Seller will convey the property to Buyer by Special Warranty Deed as set forth in the “Bid 
Package”.

Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
1. PURCHASE PRICE and other Buyer costs. The purchase price or consideration shall be
One Hundred Thirty Seven Thousand Dollars and no/100 ($137,000.00). In addition, Buyer
shall pay to the Seller Fee Reimbursements which includes the full cost of the appraisal and
the cost of the preliminary title report.
1.01. 
Payments.
a)
Payment shall be made as follows:
Bid Deposit previously deposited by Buyer at public auction 
$  3,200.00 
Previously deposited appraisal fee reimbursement 
 
$  2,188.00 
Previously deposited title report fee reimbursement 
$     750.00 
Total Auction Deposit  
$  6,138.00 
The balance of the purchase price (plus any additional taxes, fees or other closing costs) 
shall be paid to the Escrow Agent at or before the Close of Escrow by cash, certified check, 
cashier's check or bank wire transfer  
1.02. 
Close of Escrow. Close of Escrow shall occur on or before July 24, 2023, which 
date shall be referred as the "Close of Escrow". At the discretion of the Director of the 
Maricopa County Real Estate Department, escrow may be extended by not more than 60 
days. 
1.03. 
Contract Deposit Escrow. At Close of Escrow Buyer shall be given full credit 
against the purchase price for the Bid Deposit in the amount of $3,200.00. In addition, 
the Buyer shall receive a credit from the Seller for the amount of Three Hundred Seventy-
Five Dollars ($375.00) which represents one-half of the cost of the preliminary title report. 
1.04. 
Escrow Agent. 
a)
The escrow agent (“Escrow Officer”) referred to in this Agreement shall
be as listed below:
Company: 
Security Title Agency, Inc. 
Address: 
2415 E. Camelback Road, Ste. 200, Phoenix, AZ 85016 
Agent: 
Jason Bryant 
b)
The Escrow Agent shall deliver the escrow funds in accordance with this
Agreement.
2. SELLER'S REPRESENTATIONS.
a)
Seller makes no representations whatsoever regarding conditions or
features of the subject property.

Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
b)
Seller makes no representation as to zoning, access to parcel, availability of
utilities, or development potential of the site.
c)
Seller is a political subdivision of the State of Arizona, and therefore is
exempt from paying real property taxes. Upon completion of the recording of the
conveyance deed to the Buyer, Buyer shall become responsible for any real
property taxes and assessments as provided by law.
3. TITLE COMMITMENT.
3.01. 
Preliminary Title Report. Within the Bid Package, the Seller has provided to 
Buyer, at Buyer’s expense, a current preliminary title report or commitment for title 
insurance to be issued concerning the Property (the "Title Report"). Further, in the event 
that any updates, supplements or amendments to the Title Report are subsequently 
prepared, copies of such documents shall be delivered to Buyer. 
3.02. 
No Obligation to Act. Except with respect to any title exception intentionally and 
voluntarily created by Seller after the issuance of the Title Report, nothing herein shall be 
deemed to impose on Seller any obligation to bring any action or proceeding, or to expend 
any unreasonable (in Seller's sole and absolute discretion) sum or effort in order to fulfill 
any condition, nor shall Buyer otherwise have any right or action against Seller in respect 
thereof. The Buyer may procure an extended coverage title insurance policy, if available, 
at the Buyer's option, in which event the Buyer shall pay the amount of increased premium 
and the cost of any survey necessary to obtain extended coverage title insurance issued 
through the Escrow Agent in the form in use on the date of issue, insuring the Buyer in the 
amount of the Purchase Price of the Property, that upon Close of Escrow, title to the 
Property is subject only to the regular printed exceptions contained in said policy, current 
taxes and assessments, and such restrictive covenants of record, easements, reservations in 
patents and other obligations, liabilities, liens, encumbrances and other matters as Buyer, 
in Buyer's sole discretion, may specifically approve, in writing, or be deemed to have 
approved. 
4. ACCESS TO PROPERTY. Buyer shall not access the Property prior to Close of Escrow
unless Buyer shall first obtain a Right-of-Way Permit from Seller. Any Right-of-Way Permit
issued by Seller to Buyer shall contain a condition allowing a representative of the Seller to be
present at all times Buyer accesses the Property.
5. BUYER'S REPRESENTATIONS AND AGREEMENTS. Simultaneously with execution
of this Agreement, Buyer shall provide proof of legal authority to execute this Agreement and
to consummate all of the transactions hereby contemplated. All required approvals by the
shareholders, partners, members and/or Board of Directors of Buyer have been given to allow
for the making and execution of this Agreement.
6. DOCUMENTS. At or before the Close of Escrow, Seller shall deliver to Escrow Agent the
following:

Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
a)
A Special Warranty Deed, duly executed and acknowledged on behalf of
the Board of Directors of the Seller, conveying the Property to the Buyer.
b)
Such other documents as shall be reasonably required by Escrow Agent as
a condition to insuring title to the Property.
c)
If applicable, an Affidavit of Disclosure.
7. BREACH OF AGREEMENT, DAMAGES.
a)
In the event of (i) the breach or non-performance of this Agreement by
Seller, or (ii) a default in the performance of any of its obligations hereunder by
Seller, Seller shall be liable for all customary escrow cancellation charges and the
Bid Deposit shall be returned to Buyer. Such payments will be Buyer's sole and
exclusive remedy in the event of default by Seller. Buyer hereby waives and
releases any right to (and hereby covenants that Buyer shall not) sue Seller for (a)
specific performance, or (b) damages.
b)
In the event Buyer fails to close this transaction, other than due to the default
of Seller, Buyer shall be liable for all customary escrow cancellation charges and
shall forfeit one-half of the Bid Deposit, plus the cost of the appraisal and the cost
of the preliminary title report, and such charges shall be Seller's sole and exclusive
remedy. Seller hereby waives and releases any right to (and hereby covenants that
Seller shall not) sue Buyer for (a) specific performance, or (b) damages.
Additionally, upon default, Buyer acknowledges that Seller may then offer to sell
the Property to the second highest bidder at the price bid by the second highest
bidder, under the terms set for in the Bid Package. Buyer further acknowledges that
only upon successful close of escrow with the “subsequent buyer” is Buyer entitled
to a full refund of the Fee Reimbursements.
8. “AS IS, WHERE IS.” This sale is in a strict “AS IS, WHERE IS” condition, as set forth in
the “Bid Package”.
9. BROKER. There is no Real Estate Broker, the parties represent each to the other that no Real
Estate Broker is responsible for negotiating this transaction. If any real Estate Broker should
make a claim for commissions, the party whose action led to such claim shall be solely
responsible for the resolution of such issue, including the obligation to indemnify, hold
harmless and defend all other parties hereto.
10. NOTICES. No notices, waiver or other communication under this Agreement shall be
effective unless in writing and personally served, sent by certified mail, return receipt
requested, with postage prepaid or by commercial express delivery service providing receipted
delivery or by facsimile transmissions provided confirmation of the completed transmission
shall be retained. All such notices shall be addressed to the parties at the addresses noted herein

Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
above. If personally served or sent via commercial delivery service, any such matter shall be 
deemed given at the time of such service or, if by mail, at the time of depositing same in a post 
office box regularly maintained by the United States Postal Service. 
11. ASSIGNMENT. This Agreement may not be assigned by Buyer without the written consent
of Seller. Because Buyer was the successful bidder at public auction, Seller has absolute
discretion whether to consent to or deny any proposed assignment.
12. GENERAL PROVISIONS:
a)
Date of Agreement. The date of this Agreement for all purposes where such
date is referenced herein shall be the date on which the Maricopa County Board of
Directors of the Flood Control signs this Agreement, which date shall be inserted
at the top of the first page hereof.
b)
Counterparts. This Agreement may be signed in any number of counterparts
with the same effect as if the signatures thereto and hereto were upon the same
instrument.
c)
Applicable Law. This Agreement and the performance hereof shall be
governed, interpreted, construed and regulated by the laws of the State of Arizona.
d)
Severability. If any term, covenant, condition or provision of this
Agreement, or the application thereof to any person or circumstance shall, at any
time or to any extent, be invalid or unenforceable, the remainder of this Agreement,
or the application of such terms or provision to persons or circumstances other than
those as to which it is held invalid or unenforceable, shall not be affected thereby,
and each term, covenant, condition and provision of this Agreement shall be valid
and be enforceable to the fullest extent permitted by law.
e)
Interpretation. Wherever herein the singular number is used, the same shall
include the plural, and the masculine gender shall include the feminine and neuter
genders, and vice versa, as the context shall require.
f)
Section Headings. The Section headings in this Agreement are inserted only
as a matter of convenience in reference and are not to be given any effect
whatsoever in construing any provision of this Agreement.
g)
Time. Time is of the essence of this Agreement. At the discretion of the
Director of the Maricopa County Real Estate Department, escrow may be extended
by not more than 60 days. Unless otherwise indicated, all periods of time referred
to in this Agreement shall refer to calendar days and shall include all Saturdays,
Sundays and State or national holidays, provided that if the date or last date to
perform any act or give any notice with respect to this Agreement shall fall on a
Saturday, Sunday or State or national holiday, such act or notice may be timely

Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
performed or given on the next succeeding day which is not a Saturday, Sunday or 
State or national holiday. 
h)
Waiver. Failure of any party to exercise any right or option arising out of a
breach of this Agreement shall not be deemed a waiver of any right or option with
respect to any subsequent or different breach, or the continuance of any existing
breach.
i)
Governing Law. This Agreement shall be deemed to be made under, and
shall be construed in accordance with and shall be governed by, the laws of the
State of Arizona, and arbitration proceedings, if applicable, or suit to enforce any
provision of this Agreement or to obtain any remedy with respect hereto may be
brought in the Superior Court of the State of Arizona, Maricopa County, and for
this purpose each party hereby expressly and irrevocably consents to the
jurisdiction of said Court. This contract is subject to A.R.S. 38-511 and may be
canceled pursuant thereto.
j)
Expiration of Offer. Buyer shall execute this Agreement on date of auction
and Seller shall execute and deliver into escrow within Thirty (30) days after
approval of the Board of Directors. Upon Buyer's execution, this Agreement shall
constitute an offer, which if not accepted by Seller's execution and delivery to
Escrow Agent within Thirty (30) days of said Board approval, shall be deemed to
expire and be of no further force or effect, unless extended or otherwise agreed to
by Buyer in writing.
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Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453
FCD Parcel No.: FP-007-EX
ACCEPTANCE: 
 
 
ESCROW OFFICER 
 
 
Purchase Agreement & Escrow Instructions are accepted on this  day of   
 
, 2023. 
Escrow will open immediately upon receipt of the fully executed Agreement. 
 
 
SECURITY TITLE AGENCY, INC.  
 
 
By: 
 
 
 
 
 
 
Jason Bryant 
Escrow Officer 
 
 
24
April

Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
RECOMMENDED FOR APPROVAL: 
FLOOD CONTROL DISTRICT 
OF MARICOPA COUNTY 
Michael A. 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  
Date 
General Counsel 










Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
APPROVED: 
BOARD OF DIRECTORS OF FLOOD CONTROL DISTRICT OF MARICOPA 
COUNTY 
Clint Hickman 
Date 
Chairman of the Board 
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 Clint Hickman, known to me to be the person whose 
name is subscribed to the forgoing instrument as 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)

Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
EXHIBIT “A” 
Parcel No. 202-20-453 
FLOODPRONE PROPERTIES ASSSITANCE PROGRAM 
Item No. FP-007-EX 
Legal Description 
That certain parcel of land as described in Document 2005-0341137 (MCR), which is described 
as Follows: 
The South half of the North half of the East half of G.L.O. Lot 3 of Section 4 – Township 6 
North, Range 3 East of the Gila and Salt River Base and Meridian, Maricopa County, Arizona. 
EXCEPT all coal and other materials, as reserved in Patent from the United States of America. 
The above described parcel contains 4.92 Acres more or less.

Project: Floodprone Properties Assistance 
Program 
PCN.: 700.00.12 
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APN: 202-20-453 
FCD Parcel No.: FP-007-EX 
EXHIBIT “A” CONTINUED