B. D23432.PDF

Maricopa County Department of Transportation
Purchase Agreement and Escrow Instructions
Title Company Security Title Agency Date February 9, 2018
Address 4722 N. 24th St., Suite 200 Phone (602)230-6235
City Phoenix, AZ 85016 Fax (602)926-0452
Escrow Officer Bianca Gonzales Email Bianca,gonzales@securitytitle,com
Escrow No. 15170333-015 BO
Grantor: Hanson Aggregates LLC, a Delaware limited liabilty company Phone: (858)577-2770
Address: P.O. Box 639069 Attn: Mr. Marvin Howell Email Marvin.flowell@hanson.com
City, State Zip San Diego, CA 92163 Fax:
Grantee: Maricopa County, a political subdivision of the State of Arizona
Mailing Address: I Real Estate Division, 2801 W. Durango Street, Phoenix, Arizona 85009
MARICOPA COUNTY shall pay directly to the Grantor, or deposit Charges and Disbursements to be paid from Grantor's funds as follows
with the Title Company if escrowed, the purchase price plus all (check all that apply):
lawful costs incidental to closing as follows:
t 1
Escrow Fees • Total Acquisition of Grantor's Property: Full release of all
Title Policy Fees monetary liens and encumbrances, and leases of any kind.
Pay in full all due and delinquent real property taxes and
general and special improvement assessments. Prorate the
Total Escrow & Title Fees current year's real property taxes on closings that occur on or
after the 3rd Monday of August each year. Escrow Agent
Recording Fees: shall withhold the prorated amounts from each party and pay
Deed the lien of the current year's taxes in full,
Easement I I
Mortgage Release El Partial Acquisition of Grantor's Property: Partial release of all
Release of Lease monetary liens and encumbrances, and leases of any kind.
At the discretion of Maricopa County, pay due and delinquent
Total Recording Fees property taxes and general and special improvement
assessments, including full payment of taxes and
Other Charges: assessments on individual assessor parcels within
Release Fees Maricopa County's partial acquisition, and any Certificate(s)
S.R.V.W.U.A, of Purchase. The current year's taxes shall not be prorated
Taxes - Prorated regardless of the closing date.
I I
Easement(s): Consent to easement(s) by secured patty(ies).
Total Other Charges I
0 Other Disbursements: I
Sub Total
Title Report Credit
Land* 1,765.00 Possession date:
Improvements* Close of escrow:
Date of recording:
Special Conditions Right of Way Contract Yes El No •
Exhibit "B"
Total Closing Costs Entry Agreement Yes 0 No kli
Total Purchase Price 1,765.00 Addendum attached hereto and made a Yes 0 No '
TOTAL WARRANT** part hereof
*Escrow and title policy fees based on this amount only.
**Sum of "Total Closing Costs" and "Total Purchase Price" only.
Project: Olive Avenue Bridge at Agua Fria River PCN: TT0011
Assessor Parcel No.: 501-99-0030 Item No D23432
Right of Way Agent: Kimberly Romero Telephone # (602)506-8685
Page 1 of 3

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,
and having delivered same to the above Title Company as Escrow Agent, said agent is directed to deliver said conveyance to MARICOPA COUNTY, title to said
property to be transferred upon execution of the conveyance by the MARICOPA COUNTY BOARD OF SUPERVISORS. The Escrow Agent shall first apply the
purchase price on deposit to satisfy such taxes, Deed of Trusts, leasehold interests, special assessments, and other encumbrances as may be authorized for payment, and
the balance thereof shall be paid in accordance with the terms herein.
Instructions to Escrow Agent: Deposit all escrowed fimds in escrow account and disburse same by check; pay encumbrances in accordance with this agreement; prorate
all agreed items; record such escrowed instruments as are necessary or proper in the issuance of title insurance; and pay the balance of the escrowed funds to the party
or parties entitled thereto. It is further understood and agreed that the Title Company shall not be responsible for any liens or encumbrances not of record at the closing
of escrow.
The Right of Way Agent or MARICOPA COUNTY Real Estate Division will be furnished a copy of the Grantor's closing statement with the following certification
signed by an authorized officer: "This is to certify this is a true and correct statement of disbursement of funds collected from MARICOPA COUNTY."
The Escrow Agent is to request the Grantor acknowledge receipt of the amount shown on the closing statement as due Grantor. Either a copy of this request or a copy
of a signed receipt is to be retained in the escrow file.
Maricopa County will pay the costs of the owner's title insurance policy; fees associated with lender releases or loan pay-offs, including endorsements, document
preparation, and other expenses related thereto; escrow fees and other charges by escrow companies incidental to the closing of escrow. In the alternative, Maricopa
County may, at its option, waive escrow and/or title insurance. Upon such waiver, the references to Title Company, Escrow Agent and title insurance herein are not
applicable.
If any element of this transaction is not handled through a title company, the conveyance will be delivered directly to MARICOPA COUNTY and payment will be
made direct from the Grantee to the Grantor after approval and acceptance by the MARICOPA COUNTY BOARD OF SUPERVISORS and the final filing and
recording of the documents.
It is understood and agreed the consideration expressed herein is accepted by the Grantor as full and complete compensation for the interest being acquired. If the
acquisition is a partial acquisition from a larger parcel, the consideration also includes; full and complete compensation for all injury or damage to the Grantor's
remaining lands by reason of their severance from the part being acquired and the construction of the improvements in the manner proposed by MARICOPA
COUNTY.
MARICOPA COUNTY shall be responsible to the extent that damage occurs out of MARICOPA COUNTY's occupation of the Grantor's property caused by
MARICOPA COUNTY's negligence, or by the negligent acts or conduct of its agents, employees, or contractors during the tenn of MARICOPA COUNTY's temporary
occupancy of the property. All claims shall be submitted in accordance with the requirements of ARS 12-821.
It is further agreed settlement is being made in lieu of condemnation, and therefore not admissible as evidence of value, nor for any other evidentiary purpose, in
conjunction with any judicial or administrative proceeding
GRANTOR: RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
Hanson Aggregates LLC, a Delaware limited
liability company, as successor by merger to
G-H Holdi gs Corp., a Delaware , corporation
MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF
el-- OF TRANSPORTATION SUPERVISORS
By:
Its:
MarViP ', ' ' 41 /,.i-t - ...t 6.--1-,
A,'•ston A ‘, _—abProperty-BranchMswsager ' Chairman of the Board
By: AS5447/- of - M7 Slaya,rVT-50-e-
Its: ATTEST:
Date 6.,,,, , ei- i g
Approved as to form within the
powers and authority of the Board of Clerk of the Board of Supervisors
Supervisors
Accepted Date
ESCROW OFFICER
Deputy County Attorney Date Date
RES/KGR Revised 2/3/2017
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EXHIBIT "B"
RIGHT OF WAY AGREEMENT
Parcel No.: 501-99-003G
Project No.: TT0011
Project Name: Olive Avenue Bridge at Agua Fria River
Item No.: D23432 (KGR)
WHEREAS in consideration hereinafter set forth, it is agreed that this instrument contains the entire agreement
between the Grantor and Maricopa County. No further consideration is being paid than described in this agreement.
THE COUNTY OF MAR1COPA AGREES:
A. To use the real property described herein Exhibit "A" for the general welfare and benefit of the public.
B. To pay the Grantors the sum of One Thousand Seven Hundred Sixty-Five and No/100 Dollars ($1,765.00) as
payment in full for the real property described herein.
C. That, if in the opinion of the Transportation Director it becomes necessary, private structures will be relocated in
kind to the Grantor's property, clear of the property described herein, at no expense to the Grantor except as may
be herein otherwise agreed.
D. That no costs relating to construction of roadway improvements on Project No. TT0511 will be charged to the
Grantor.
THE GRANTORS AGREE:
1. To grant a Quit Claim Deed for the real property described in Exhibit "A" to the County of Maricopa for the
general welfare and benefit of the public.
2. To accept the sum of One Thousand Seven Hundred Sixty -Five and No/100 Dollars ($1,765.00) as payment in
full for the property described herein.
3. That the County, or its agents, is hereby granted the right to enter upon the remaining property of the Grantor for
the purpose of accomplishing "C" above.
GRANTOR /177DATE 4/13/./.5-- GRANTOR
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Parcel No. Uttassessed
Project No. TTO011
INTERSECTION OF
OLIVE AVENUE BRIDGE AT AGUA FRIA RIVER
Item No. D23432
EXHIBIT "A"
LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY
Two parcels of land lying in Section 25, T3N, R1W of the Gila and Salt River Meridian, Maricopa
County, Arizona.
PARCEL 1
The North 10 feet of the South 75 feet of the West half of the East half of said Section 25,
EXCEPT the East 250 feet of the West 904.98 feet of the said West half of the East half of said
Section 25, containing 10,725 square feet or 0.2462 Acres more or less.
PARCEL 2
The North 15 feet of the South 80 feet of East 200 feet of the West 477.49 feet athe East half of the
West half of said Section 25, containing 3,000 square feet or 0.0689 Acres more or less.
The two above described parcels contain 13,725 square feet or 0.3151 Acres more or less.
Page I of 1
IVIARICOPA COUNTY DEPARTMENT OF TRANSPORTATION
Prelim: 04/18/17 fl) Chk: Appr:
Rev:
Madcap County EXPIRES 12 / 31 /2017
GRANTOR ifir 7 DATE €(6 /a
EXIIIIIXT "A"