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ORDINANCE NO. O22-79 AN ORDINANCE OF THE COUNCIL OF THE CITY OF GLENDALE, MARICOPA COUNTY, ARIZONA, AUTHORIZING THE ENTERING INTO OF AN AGREEMENT FOR THE PURCHASE AND SALE OF REAL PROPERTY BETWEEN THE CITY OF GLENDALE AND FOX FOUR, LLC FOR PROPERTY LOCATED ON 79TH AVENUE AT THE LAMAR ROAD ALIGNMENT AND DIRECTING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS FOR THE SALE AND DIRECTING THE CITY CLERK TO RECORD A CERTIFIED COPY OF THE ORDINANCE. WHEREAS, it is in the public interest for the City of Glendale to enter into an Agreement for Purchase and sale of Real Property with Fox Four, LLC to sell the parcel of land legally described in Exhibit “A”; and WHEREAS, the City Clerk of the City of Glendale has caused a notice for sale of this property to be published in the Arizona Republic on September 28, 2022 and October 5, 2022 and posted at the Glendale City Hall for twelve (12) consecutive days per Glendale City Code, Section 2-167. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GLENDALE as follows: SECTION 1. That the City Manager of the City of Glendale is authorized and directed to enter into the Agreement for Purchase and Sale of Real Property, attached hereto as Attachment 1, with Fox Four, LLC, and execute the necessary documents to complete and close the sale of the property legally described in Exhibit “A”. SECTION 2. That the duly authorized officers of the City of Glendale are authorized and directed to receive all sums necessary for the sale of such real property in accordance with the Agreement, as well as other costs necessary to close the sale of such real property. SECTION 3. That the provisions of this ordinance shall become effective thirty (30) days after passage of this ordinance by the Glendale City Council. SECTION 4. That the City Clerk is accordingly instructed and authorized to forward a certified copy of this ordinance for recording to the Maricopa County Recorder’s Office. [Signatures on the following page] PASSED, ADOPTED AND APPROVED by the Mayor and Council of the City of Glendale, Maricopa County, Arizona, this 8th day of November, 2022. Mayor Jerry P. Weiers ATTEST: _______________________ Julie K. Bower, City Clerk (SEAL) APPROVED AS TO FORM: _______________________ Michael D. Bailey, City Attorney REVIEWED BY: _______________________ Kevin R. Phelps,City Manager