PURCHASE_AGREEMENT_N-2269-07EX_DIRECT_SALE.PDF
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PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS
Page 1 of 5
Title Company
N/A (In House Recording)
Date
March 14, 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*
$4,700.00
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
$4,700.00
Total Escrow & Title Costs
N/A
14
Entry Agreement
Yes
No
Total Purchase Price
$4,700.00
Addendum attached hereto and made a
Yes
No
TOTAL **
$4,700.00
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.:
304-17-981
Item No
N-2269-07EX
Agent:
John Gaffney
Telephone #
602-506-8304
Page 2 of 5
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 $4,700.00. 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 5
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 5
APPROVED AND ACCEPTED:
MARICOPA COUNTY BOARD OF DIRECTORS
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)
EXHIBIT “A”
Parcel No. 304-17-981
EAST MARICOPA FLOODWAY – REACH 5
Item No. N-2269-7EX
LEGAL DESCRIPTION
That certain parcel of land described in Record No. 1985-0140499, Records of the Recorder,
Maricopa County, lying within a portion of the South 60.00 feet of the Southwest quarter (SW4)
of Section 7, Township 1 South, Range 7 East of the Gila and Salt River Meridian, Maricopa
County, Arizona, lying West of the right of way of the Roosevelt Water Conservation District
(RWCD) Canal; Said parcel is described as follows:
COMMENCING at the Southwest corner of said section 7, thence South 89°43'19" East, a
distance of 1480.03 feet to the West right of way line of the 100 foot wide right of way of the
RWCD Canal;
thence along said line, North 00°10'41" East, a distance of 33.00 feet to the North line of the South
33.00 feet of said section and the true POINT OF BEGINNING;
thence along said South line, North 89°43'19" West, a distance of 492.84 feet;
thence North 00°16'41" East, 17.00 feet;
thence parallel to the South line of said section, South 89°43'19" East, a distance of 130.00 feet;
thence North 00°16'41" East, 10.00 feet;
thence parallel to the South line of said section, South 89°43'19" East, a distance of 262.80 feet to
said West right of way line of the RWCD Canal;
thence along said line, South 00°10'41" West, a distance of 27.00 feet to the POINT OF
BEGINNING.
The above described property contains 9306 square feet or 0.214 acres more or less.
EXHIBIT “A” CONTINUED