Extracted text (via pymupdf_layout)
15768 characters
Maricopa County Department of Transportation Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date 11/17/15 Address 3636 North Central Avenue, 3rd Floor Phone 602-230-6271 City Phoenix, AZ 85012 Fax 602-230-6256 Escrow Officer Jason Bryant Escrow No. 15130404-015-JBA Grantor: Natalie K. Wood, a widow Phone: Address: 18029 East Vencino Street Phone: City Gilbert, AZ 85298 Fax: Grantee: Maricopa County, a political subdivision of the State of Arizona Mailing Address: Maricopa County Department of Transportation Real Estate Division, 2901 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: i I Escrow Fees • Total Acquisition of Grantor's Property: Full release of all Title Policy Fees monetary liens and encumbrances, and leases of any kind. Release Fees Pay in full all due and delinquent real property taxes and general and special improvement assessments. Prorate the current year's real property taxes on closings that occur on or After the 3rd Monday of August each year. Escrow Agent shall withhold the prorated amounts from each party and pay the lien of the current year's taxes in full. 1 Partial Acquisition of Grantor's Property: Partial release of all monetary liens and encumbrances, and leases of any kind. At the discretion of Maricopa County, pay due and delinquent 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 • Other Disbursements: Sub Total Title Report Credit Land $28,140.00 Possession date: Improvements $20,819.00 Close of escrow: Severance Damages Date of recording: TCE $123.00 Cost to Reestablish $5,794.00 Special Conditions Right of Way Contract Yes LI No ' Exhibit "B" Entry Agreement Yes • No [E] Total Closing Costs Addendum attached hereto and made a Yes • No N Total Purchase Price $55,376.00 part hereof TOTAL WARRANT** *Escrow and title policy fees based on this amount 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: Riggs Road (Recker Road to Power Road) PCN: TT429 Assessor Parcel No.: 304-78-017Q Item No D22837 Right of Way Agent: Robert W. Sachs, SR/WA Telephone # 602-506-4744 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 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 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 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. RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS Al/A Right of Way Acquisition Manager Chairman of the Board j 2- /i /201 ,5- ATTEST: Date ,9 Approved as/to form within the powers and autborit 6f, the Board of Clerk of the Board of Supervisors Supervi,ors Accepted Date ESCROW OFFICER Deputy County Attorney Date Date GS/CS Revised 10/6/2009 EXHIBIT "B" RIGHT OF WAY AGREEMENT Parcel No.: 304-78-017Q Project No.: TT429 Riggs Road (Recker Road to Power Road) Item No.: D22837 (RES) 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 MARICOPA 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 Twenty Eight Thousand One Hundred Forty and No/100 DOLLARS ($28,140.00) as payment full for the property described herein. C. To pay the Grantors the sum of Twenty Thousand Eight Hundred Nineteen and 00/100 Dollars ($20,819.00) as payment in full for the improvements located on the property described herein and broken down as follows: Masonry Fence - 261 Linear Feet at $40 Per LF 410,440.00 Wrought Iron Gate =$1,300.00 Concrete Spill Borders at Irrigation Valves =$ 400.00 Citrus Trees =$8,000.00 Grass Surface Area 5,000 Sq. Ft. at $0.50 Per Sq. Ft. 42,500.00 Site Improvements Subtotal =$22,640.00 Less Depreciation @ 15% 4(1,821.00) Site Improvements Total =$20,819.00 rounded D. To pay the Grantors the sum of Five Thousand Seven Hundred Ninety Four and 00/100 Dollars ($5,794.00) as payment for reestablishment of depreciated improvements located on the property described herein and broken down as follows: Masonry Fencing, 230 Linear Feet @$40.00 per LF. 49,200.00 Concrete Spill Borders at Irrigation Valves —$ 400.00 Wrought Iron Gate 41,300.00* Maricopa County Permit Fee ----$ 632.00 Subtotal =$11,532.00 Contingencies at 10% of Total Gross Cost =$ 1,153.00 Subtotal =$12,685.00 Owner/Contractor Supervision and Profit (10%) 4 1,269.00 Total =$13,954.00 Less: Prior Consideration for Items Acquired Masonry Fence 230 L.F. @ $40.00 per L.F. Minus 15% Depreciation = (7,820.00) Concrete Spill Borders at Irrigation Valves = ( 340.00) Cost to Reestablish Total =55,794.00 rounded E. To pay the Grantors the sum of One Hundred Twenty Three and 00/100 Dollars ($123.00) as payment in full for the Temporary Construction Easement on the property described herein. F. 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. G. That no costs relating to construction of roadway improvements on Project No. TT429 Riggs Road (Recker Road to Power Road) will be charged to the Grantor. Page 2 EXHIBIT "B" RIGHT OF WAY AGREEMENT 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 Twenty Eight Thousand One Hundred Forty and No/100 DOLLARS ($28,140.00) as payment in full for the property described herein. 3. To accept the sum of Twenty Thousand Eight Hundred Nineteen and 00/100 Dollars ($20,819.00) as payment in full for the improvements located on the property described herein. 4. To accept the sum of Five Thousand Seven Hundred Ninety Four and 00/100 Dollars ($5,794.00) as payment for reestablishment of depreciated improvements located on the property described herein. 5. To accept the sum of One Hundred Twenty Three and 00/100 Dollars ($123.00) as payment in full for the Temporary Construction Easement on the property described herein. 6. 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" and "D" above. 7. 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. *Installation of replacement gate will require a permit and plan review by MCDOT Development Services. GRANTOR-IthaDATE I GRANTOR DATE EXHIBIT "B" Parcel No. 304-78-017Q Project No. TT429 RIGGS ROAD RECKER ROAD TO POWER ROAD Item No. D22837 EXHIBIT "A" LEGAL DESCRIPTION FOR FEE SIMPLE RIGHT OF WAY A portion of that property described in Document Number 2014-0580158 Maricopa County Records (MCR) being part of the West half of the South half of the South half of Lot 5, Block 1, Chandler Mesa Ranches, according to Book 106 of Maps (MCR), Page 35 lying within Section 25, Township 2 South, Range 6 East of the Gila & Salt River Base & Meridian, Maricopa County, Arizona. Said portion is more particularly described as follows. The South 35.00 feet of said West half. EXCEPT the West 108 feet thereof. The above described parcel contains 7,590 square feet or 0.1742Acres more or less. Page 1 of 1 51978 MICHAEL E. KING MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim:3-18-14 Chic Appr: Rev:8-21-2014; 9-11-2014 Maricopa County Public Works — Real Estate Division EXPIRES 3-31-2017 , GRANTOR 1.V 1( -) DATE 1 \ ?)\IS EXHIBIT "A" Parcel No. 304-78-017Q Project No. TT429 MGGS ROAD RECKER ROAD TO POWER ROAD Item No. D22837-1 EXHIBIT "A" LEGAL DESCRIPTION FOR TEMPORARY CONSTRUCTION EASEMENT A portion of that property described in Document Number 2014-0580158 Maricopa County Records (MCR) being part of the West half of the South half of the South half of Lot 5, Block 1, Chandler Mesa Ranches, according to Book 106 of Maps, Page 35 (MCR) lying within Section 25, Township 2 South, Range 6 East of the Gila & Salt River Base & Meridian, Maricopa County, Arizona. Said portion is more particularly described as two parcels as follows. The North 10.00 feet of the South 45.00 feet of West 25.00 feet of the East 53.96 feet of said West half. The above described parcel contains 250 square feet or 0.0057 Acres more or less. Page 1 of 1 51978 MICHAEL E. KING MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim:3-18-I4 Chk: Appr: Rev:9-11-2014; 10-7-2014 1IIIAt» ,r,r(clLss 11;:ii EXPIRES 3-31-2017 GRANTOR .L-11A.,k-1-) DATE n EXHIBIT "A" Parcel No. 304-78-017Q Project No. TT429 RIGGS ROAD RECKER ROAD TO POWER ROAD Item No. 1)22837-6 EXHIBIT "A" LEGAL DESCRIPTION FOR UTILITY EASEMENT A portion of that property described in Document Number 2014-0580158 Maricopa County Records (MCR); said property being described as the West half of the South half of the South half of Lot 5, Block 1, Chandler Mesa Ranches, according to Book 106 of Maps (MCR), Page 35 lying within Section 25, Township 2 South, Range 6 East of the Gila & Salt River Base & Meridian, Maricopa County, Arizona. Except the West 108.00 feet thereof. Said portion is more particularly described as follows. The West 30.00 feet of the North 15.00 feet of the South 50.00 feet of that property described herein. The above described parcel contains 450 square feet or 0.0103Acres more or less. Page I of 1 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Prelim:1-645 Chic Appr: Rev: Maricop a County Public Works —Real Estate Division EXPIRES 3-31-2017 EXREBIT "A"