Extracted text (via pymupdf)
11389 characters
Page 1 of 7 Maricopa County Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date March 4, 2024 Address 2415 East Camelback Road, Suite 200 Phone 602-230-6224 City Phoenix, AZ 85016 Fax 602-926-0452 Escrow Officer Jason Bryant Email jbryant@securitytitle.com Escrow No. 15201109 -015-JB6-SW Grantor: Richard Dobbs and Jennifer Dobbs, as Trustee of The Richard Dobbs and Jennifer Dobbs Revocable Trust, dated August 16, 2016 Phone: (480) 510-9102 Contact Richard and Jennifer Dobbs Email rdobbs@azoutdoordesigns.com Mailing Address: PO BOX 5725 Email jrdobbs@yahoo.com City, State Zip CAREFREE, AZ 85377 Grantee: Maricopa County, a political subdivision of the State of Arizona Mailing Address: Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009 MARICOPA COUNTY shall pay directly to the Grantor, or deposit with the Title Company if escrowed, the purchase price plus all lawful costs incidental to closing as follows: Sub- Object Code Charges and Disbursements to be paid from Grantor's funds as follows (check all that apply): Escrow Fees TBD Total Acquisition of Grantor's Property: Full release of all Title Policy Fees TBD monetary liens and encumbrances, and leases of any kind. Title Report Pay in full all due and delinquent real property taxes and Title Report Credit general and special improvement assessments. Prorate the Total Escrow & Title Fees TBD 14 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 Release & Reconveyance the lien of the current year's taxes in full. Release of Lease 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 Total Recording Fees TBD 14 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) Consent Fees of Purchase. The current year's taxes shall not be prorated S.R.V.W.U.A. regardless of the closing date. Taxes -Prorated Easement: Consent to easement by secured parties. Total Other Charges TBD 14 Other Disbursements: Sub Total TBD Slope Easement $4,954.00 11 Total Purchase Price $4,954.00 Total Escrow & Title Costs TBD 14 Total Compensation (minus any funds paid outside of escrow) TOTAL WARRANT** TBD *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Compensation" only. Project Name: Tonto Hills Low Volume Roads Project Number: TT0609 Assessor Parcel No.: 219-12-176A Item No. D24338 Right of Way Agent: Telephone # (602) 506- Page 2 of 7 The GRANTOR and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhibits “A-1” and “A-2” 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 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 Real Estate Department 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 GRANTORS acknowledge receipt of the amount shown on the closing statement as due GRANTORS. 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 GRANTORS 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 GRANTORS 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 agrees to pay and the GRANTORS accepts the payment in full for the property described herein: Slope Easement in the amount of Four Thousand Nine Hundred Fifty-Four and No/100 Dollars ($4,954.00) described and depicted in Exhibit “A-1” and “A-2” If in the opinion of the Transportation Director it becomes necessary, MARICOPA COUNTY, or its agents, is hereby granted to enter upon the remaining property for the purpose of private structure relocation in kind to the GRANTOR’s property, clear of the property described herein, and at no expense to the GRANTOR except as may be herein otherwise agreed. With respect to the development/redevelopment of the property prior to construction of project TT0609, GRANTORS will be responsible only for the costs of improvements required by the County or a municipality as part of a regulatory approval related to development/redevelopment of the property. 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. This Agreement is subject to cancelation pursuant to A.R.S. § 38-511. 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. Page 3 of 7 GRANTORS: Richard Dobbs and Jennifer Dobbs, as Trustee of The Richard Dobbs and Jennifer Dobbs Revocable Trust, dated August 16, 2016 RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF OF TRANSPORTATION SUPERVISORS Richard Dobbs (signature), as Trustee Date Right of Way Supervisor Chairman of the Board Date ATTEST: Jennifer Dobbs (signature), as Trustee Approved as to form within the Date powers and authority of the Board of Clerk of the Board of Supervisors Supervisors Deputy County Attorney Date Date Professional Land Surveyor AZ No. 19817 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Agent: J. Crume Project No. TT0609 Chk: J. Crume Electronic Seal Tech: B. Crume https://btr.az.gov/ Prepared by: Cooper Aerial Surveys Company Page of Parcel No. 219-12-176A Project No. TT0609 TONTO HILLS LVR Item No. D24338-SE Legal Description For Slope Easement That portion of the Southwest quarter of Section 15, Township 6 North, Range 5 East of the Gila and Salt River Meridian, Maricopa County, Arizona, described as follows: PARCEL 1 COMMENCING at the Southeast corner of Lot 176 of Tonto Hills, Book 93, page 5 M.C.R. thence North 29 degrees 41 minutes 05 seconds East, 69.02 feet along the East Line of Lot 176 to the POINT OF BEGINNING; thence North 60 degrees 18 minutes 55 seconds West, 15.00 feet; thence North 29 degrees 41 minutes 05 seconds East, 49.36 feet; thence South 60 degrees 18 minutes 55 seconds East, 15.00 feet said point lying on the East Line; thence South 29 degrees 41 minutes 05 seconds West, 49.36 feet along the said East Line to the POINT OF BEGINNING. Contains 740 square feet or (0.0170 acres), more or less. PARCEL 2 COMMENCING at the Southeast corner of Lot 176 of Tonto Hills, Book 93, page 5 M.C.R. Professional Land Surveyor AZ No. 19817 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION Agent: J. Crume Project No. TT0609 Chk: J. Crume Electronic Seal Tech: B. Crume https://btr.az.gov/ Prepared by: Cooper Aerial Surveys Company Page of thence North 29 degrees 41 minutes 05 seconds East, 161.74 feet along the East Line of Lot 176 to the beginning of a curve, concave Northwest, having a radius of 870.00 feet; thence Northeasterly 41.73 feet along the said East Line along the arc of said curve to the left through a central angle of 2 degrees 44 minutes 54 seconds to the POINT OF BEGINNING; thence North 63 degrees 03 minutes 50 seconds West, 15.00 feet to the beginning of a non-tangent curve, concave Northwest, from which the radius point bears North 63 degrees 03 minutes 50 seconds West a distance of 855.00 feet; thence Northeasterly 123.44 feet along the arc of said curve to the left through a central angle of 8 degrees 16 minutes 19 seconds; thence North 18 degrees 39 minutes 51 seconds East, 42.39 feet to a point lying on the North Line of Lot 176 and the beginning of a non-tangent curve, concave Southwest, from which the radius point bears South 33 degrees 08 minutes 30 seconds West a distance of 20.00 feet; thence Southeasterly 26.36 feet along the arc of said curve to the right through a central angle of 75 degrees 31 minutes 21 seconds; thence South 18 degrees 39 minutes 51 seconds West, 23.03 feet along the said East Line to the beginning of a curve, concave Northwest, having a radius of 870.00 feet; thence Southwesterly 125.60 feet along the said East Line along the arc of said curve to the right through a central angle of 8 degrees 16 minutes 19 seconds to the POINT OF BEGINNING. Contains 2428 square feet or (0.0557 acres), more or less. The above described parcel contains 3168 square feet or 0.727 acres, more or less, and is depicted on