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Maricopa County Department of Transportation Purchase Agreement and Escrow Instructions Title Company Security Title Agency, Inc. Date Address 3636 N Central Avenue, Ste. 140 Phone 602-230-6271 City Phoenix, AZ 85012 Fax Escrow Officer Jason Bryant Escrow No. 15160247 Grantor: JBS Tolleson, Inc., an Arizona corporation Phone: Address: 1770 Promontory Circle Phone: City Greeley, Colorado 80634 Fax: Grantee: Maricopa County, a political subdivision of the State of Arizona Mailing Address: Real Estate Division, 2801 W. Durango Street, Phoenix, Arizona 85009 MARICOPA COUNTY shall pay directly to the Grantor, or Charges and Disbursements to be paid from Grantor's funds as deposit with the Title Company if escrowed, the purchase price follows (check all that apply): plus all lawful costs incidental to closing as follows: Escrow Fees Er 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 Mortgage Release [Z] 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 the 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. Easement(s): Consent to easement(s) by secured party (ies). Total Other Charges Li Other Disbursements: Sub Total Title Report Credit Land * $5,646 Possession date: Improvements* $3,276 Close of escrow: Date of recording: Drainage Easement* $398,595 Special Conditions Right of Way Contract YesZ No Exhibit "B" Total Closing Costs Entry Agreement YesLi No E] Total Purchase Price $407,517 Addendum attached hereto and made a Yes El No E TOTAL WARRANT** part hereof *Escrow and title policy fees based on these amounts only. **Sum of "Total Closing Costs" and "Total Purchase Price" only. The GRANTOR, having executed a conveyance of certain real property rights to the Grantee in a certain conveyance dated described in Exhibit "A" 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 the acceptance of delivery and possession by its BOARD OF SUPERVISORS. Project: TT0345 MC-85 95th Avenue to 75 1h Avenue PCN: Assessor Parcel No.: 101-12-632 Item No D22673 Right of Way Agent: Steve Salazar Telephone # 602-506-4883 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. The Escrow Agent is to withhold $ 0.00 as a security deposit pending satisfactory delivery of the subject property to MARICOPA COUNTY by the Grantor. Grantor agrees MARICOPA COUNTY may apply the security deposit to payment of any unpaid rents due MARICOPA COUNTY from the Grantor, or to payment for any loss or damage sustained by MARICOPA COUNTY caused by the Grantor after the date of this agreement. MARICOPA COUNTY will make written authorization to the Escrow Agent for disbursement of the security deposit in accordance-with this agreement, after acceptance of delivery and possession of the subject property. Instructions to Escrow Agent: Deposit all escrowed funds 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 - Public Works 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 fife. 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 this transaction is not handled through a title company, the conveyance will be delivered directly to MAR[COPA 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 expressed herein is likewise; 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. If cost to cure monies have been paid to remove or relocate improvements on the property conveyed, Grantor agrees to remove or relocate such improvements not later than 30 days from the date of payment. Grantor assumes all liability connected with said removal. It is further agreed that upon expiration of the time provided for removal, all improvements remaining partially or wholly upon the lands conveyed shall become the property of MARICOPA COUNTY and all rights of the Grantor to said improvements shall cease and terminate. Grantor shall be liable for the reasonable costs incurred in removing said improvements. License is hereby granted to MARICOPA COUNTY or its agents to enter upon the Grantor's remaining lands where necessary to accomplish the purpose of this agreement. If MARICOPA COUNTY is acquiring only a portion of Grantor's property, then Grantor grants to MARICOPA COUNTY, its agents, employees and contractors, the right to enter Grantor's remaining property as necessary for utility reconnection, driveway reconnection and to facilitate construction on adjacent County owned right of way, if required. 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 term 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 understood and agreed that this temporary right will expire and terminate thirty (30) days after completion of the above referenced project. 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: JBS TOLLE RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: acquired title as Su, n,Arizot Acorp MAR1COPA COUNTY DEPARTMENT MAR1COPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS Ary/111-0-- Real Property Branch Manager Chairman of the Board 7./9 4.01/ ATTEST: Date 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 GS/CS Revised 1016/2009 Parcel No. 101-12-632 Project No. T1345 MC-85 at 83RD AVENUE and CENTER TURN LANE EXPANSION Item No. D22673 EXHIBIT LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY Two parcels of land being a portion of Lot 1, JBS Tolleson Final Plat, as recorded in Book 1101 of Maps, Page 38, Maricopa County Recorder's Office, being a portion of the Southwest quarter of Section 10, Township 1 North, Range 1 East, Gila and Salt River Meridian, Maricopa County, Arizona, being more particularly described as follows: PARCEL ONE: COMMENCING at the Southwest corner of said Section 10, from which the West quarter corner bears North 00°0307" East, a distance of 2,688.87 feet and the South quarter corner bears North 84°24'53" East, a distance of 2,547.09 feet; thence along the South line of said Southwest quarter of said Section 10, North 84°24'53" East a distance of 897.04 feet; thence leaving said South line, North 05°35'07" West a distance of 55.00 feet to a point on the North line of the South 55 feet of said - Southwest quarter and the POINT OF BEGINNING; thence leaving said North line, North 58°30'35" West a distance of 23.13 feet; thence South 82°28'57" West, a distance of 70,00 feet; thence South 40°47'41" West, a distance of 16.79 feet to said North line; thence along said North line, North 84°24'53" East a distance of 100.57 feet to the POINT OF BEGINNING, containing 1,092 square feet or 0.0251 acres, more or less. PARCEL TWO: COMMENCING at the Southwest corner of said Section 10, from which the West quarter corner bears North 00°03'07" East, a distance of 2,688.87 feet and the South quarter corner bears North 84°24'53" East, a distance of 2,547.09 feet; thence North 84°24'53" East along the South fine of said Southwest quarter of Section 10, a distance of 1,377.51 feet; thence leaving said South fine North 00°04'30" East, a distance of 55.27 feet to the Southeast corner of said Lot 1 and the POINT OF BEGINNING; thence along the East line of said Lot 1, North 00°04'30" East a distance. of 19.64 feet; thence leaving said East fine, South 84°0000" West a distance of 6.83 feet; thence South 36°24'45" West, a distance of 26.23 feet to a point on the North line of the South 55.00 feet of said Southwest quarter; thence along said North line, North 84°24'53" East a distance of 22.44 feet to the POINT OF BEGINNING, containing 285 square feet or 0.0066 acres, more or less. The two above described parcels together contain 1,377 square feet or 0.0317 acres more or less. MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim: 07212015 jb Chk: Appr: Rey: 0902015 p; 11t15/15jb, 12138'I5jb; C6(19/16p Maricopa County Public Works - Real Es Division EXPIRES 12 / 31 /2014 GRANT° EXHIBIT "A" Page 1 of 1 N.T.S. 12131[2017 S84°0000"W N0O°04'30"E NO0'04130"E - 6.83' 19.64' 55.27' EXPIRES 2,M709 1377.5'1' \ 2 DETAIL N84°2453"E. 12 10 836°24`45N1 26.23' N84°24'5"E 7 j_____.. P.M, MAP SEC. 1E R _ L'EGENC): R/W RIW LINE LINE Agent: jb Tech: 101, 1/4, 1N, RIW-2 / EXIST. NEW PROP. SEC, IVW BOOK SW T W ------\------- I 05°35'07" --. ..---- -- N 55.00' — EXPANSION N58°30'35"W 23.13' -N., _____1==._, r"-----) M.C.D.O.T. ___1 ,- R/W-1 ,-- N. ---- ACRES ACRES DIVISION LANE I I ___*--- 0.0251ACRES _____. -- -- (PAN): 0.0066 0,0317 TURN 06-09-16 OR OR OR ESTATE .57'._-_-__ RoAD1 ROAD) FEET FEET FEET DATE 1 &3'E N84°24163"E. svPiP RIGHT-OF-WAY SQUARE SQUARE SQUARE REAL CENTER T (BUCKEYE -- .. Co NEW 1,092 285 1,377 WORKS and ..____ Beef Hni-MAY .._....,.‘1 D22673 RIW-1: RiW-2: TOTAL: 022673 ---._ D22673 Land 101-12-632 ------ _ AVENUE No, RIW-1 ....,..—.....-- ---, Sun ____ 101-11-002J MC85 PUBLIC ITEM 7 \ ..,--- 83rd 16.79 at 85 S40D4741"W DETAIL MC No,7345 PROJECT Parcel No. 101-12-632 Project No. TT345 NIC-85 at 83RD AVENUE and CENTER TURN LANE EXPANSION Item No, D22673-2 EXHIBIT "A" LEGAL DESCRIPTION FOR DRAINAGE EASEMENT A portion of Lot 1, JBS Tolleson Final Plat, as recorded in Book 1101 of Maps, Page 38, Maricopa County Recorder's Office, being a portion of the Southwest quarter of Section 10, Township 1 North, Range 1 East, Gila and Salt River Meridian, Maricopa County, Arizona, being more particularly described as follows: COMMENCING at the Southwest corner of said Section 10, from which the West quarter corner bears, North 00°03'07" East, a distance of 2,688.87 feet and the South quarter corner bears North 84 024'53" East, a distance of 2,547.09 feet; thence along the West line of said South quarter, North 00°03'07" East a distance of 88.83 feet; thence leaving said West line, South 89°56'53" East a distance of 55.00 feet to a point on the East line of the West 55 feet of said South quarter and also the POINT OF BEGINNING; thence along said East line, North 00°03'07" East a distance of 147.71 feet; thence leaving said East line, North 84°24'53" East, a distance of 349.74 feet; thence South 06°14'26" East, a distance of 70.00 feet; thence North 84°24'53" East, a distance of 384.98 feet; thence South 05°35'07" East, a distance of 93.25 feet; thence South 82°28'57" West, a distance of 4.86 feet; thence South 40 04741" West, a distance of 16.79 feet to a point on the North line of the South 55.00 feet of the said Southwest quarter; thence along the said North line, South 84 024'53" West a distance of 707.64 feet; thence leaving said North line, North 00°03'07" East a distance of 28.14 feet to a point on the North line of the South 83.00 feet of the said Southwest quarter; thence along the last North line, South 84°24'53" West a distance of 28.14 feet to the POINT OF BEGINNING. The above described parcel contains 102,335 square feet or 2.3493 acres, more or less. Page 1 of ) MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Proj. No.: TT345 APN: 101-12-632 Tech: jb EXPIRES 12131 /2017 Item No.: D22673-2 Rev: Agent: P.M. MC85 at 83'd Avenue and Center Turn Lane Expar(sibm. Dept: PW,RED GRANTOR' DATE\ j/ .1_, EXHIBIT "A" 2017 31 / 12/ EXPIRES 2 93.25' DETAIL Co D22673 Beef 101-12-632 - — — — P.M. jb SO5c35'07"E Land LEGEND: RiW R/W DE LINE LINE— Agent: Tech: Sun 12 EXIST. NEW PROP, PROP. SEC. R/W 10 2 MAP SEC. IE DETAIL 101, R EXPANSION '1/4, TIN, 4.86' t\184°24'5311E BOOK SW M.C,D,O.T. 28.14' 1571'W 16.79' DIVISION LANE 1 28.14' S82°28 540°47'411P/ 70.00' 06-09-16 N0O°03107"E ESTATE TURN S84'24'531111 DRAINAGE EASEMENT SOF14`26"E ROAD) IDATE — 42____ REAL CENTER P.ICKEYE I 707,64' 101. DETAIL and 349.74' J -qGiNNA\( WORKS D22673-2 E 884°2453"W B840241531 -0D (DE): AVENUE No, S89°56'531 55.00' 1\184°24'53"E MCB5 ACRES PUBLIC iv fl EASEMENT 2.3493 83rd ITEM 55'17—'" OR at I DRAINAGE FEET 85 SQUARE MC No.7345 DETAIL D22673-2 1132,335 PROJECT EXHIBIT "B" RIGHT OF WAY AGREEMENT Parcel No.: 101-12-632 th Project No.: MCDOT TT0345, MC85 (Buckeye Road) 95 Avenue to 75th Avenue Item No.: D22673 (SS) 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 in Exhibit "A" for the general welfare and benefit of the public. B. To pay the Grantors the sum of Eight Thousand Nine Hundred Twenty-Two Dollars and 00/100 ($8,922.00) as payment full for the property and improvements described herein. C. To pay the Grantors the sum of Three Hundred Ninety Eight Thousand Five Hundred Ninety-Five Dollars and 00/100 ($398,595.00) as payment in full for Drainage Easement located on the property described herein. D. 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. E. That no costs relating to construction of roadway improvements on Project No. TT345 — MC85 (Buckeye Road) 95th Avenue to 75th Avenue will be charged to the Grantor, THE GRANTORS AGREE: 1. To grant a Warranty 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 Eight Thousand Nine Hundred Twenty-Two Dollars and 00/100 ($8,922.00) as payment in full for the property and improvements described herein. 3. To accept the sum of Three Hundred Ninety Eight Thousand Five Hundred Ninety- Five Dollars and 00/100 ($398,595.00) as payment in full for the Drainage Easement for the property described herein. 4. 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 "D" and "E" above. 5. That, upon the Grantor's signing of the Warranty Deed, the County and/or its agents shall have immediate use of the property described herein. GRANTO) DATE zjkl GRANTOR DATE EXHIBIT B