Purchase Agreement and Escrow

City of Glendale — Regular Meeting (2025-04-08)

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408 SETTLEMENT
City of Glendale Engineering Department

Purchase Agreement and Escrow Instructions

Title Company Security Title Agency Date January 28, 2025
Address 2415 E Camelback Rd., Suite 200 Phone 602-230-6297
City Phoenix, AZ Fax
Escrow Officer | Jason Bryant Email | jbryant@securitytitle.com
Escrow No. $T15230060
Grantor: SCI Arizona Funeral Services, LLC, an Arizona limited liability company

713-525-7380 & 713-818-
Contact Dann C Narveson, SCI Shared Resources, LLC Phone: | 5847
Mailin; :
Address: 1929 Allen Parkway, 7th Floor Emai]_| Pan#-Narveson@Sci-vs.com
City, State Zip Houston, TX_77019 Fax:

Grantee: City of Glendale, an Arizona municipal corporation.

Mailing Address: | Engineering Department, 5850 W. Glendale Avenue, Glendale, Arizona 85301

CITY OF GLENDALE 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:

Charges and Disbursements to be paid from Grantor's funds as
follows (check all that apply):

l |
Escrow Fees TBD (_ Total Acguisition 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 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 pariy and pay
Release & Reconveyance TBD the lien of the current year's taxes in full.
Release of Lease TBD | |
(Xi Partial Acquisition of Grantor's Property: Partial release of all
_ monetary liens and encumbrances, and leases of any kind related
to the property interest. As agreed by the parties City of
Glendale. or Grantor shall pay due and delinquent property
Total Recording Fees TBD taxes and general and special improvement assessments,
including fuli payment of taxes and assessments on individual
Other Charges: assessor parcels within City of Glendale’s partial acquisition,
Release Fees and any Certificate(s) of Purchase. The current year’s taxes shall
Consent Fees not be prorated regardless of the closing date.
Taxes -Prorated
{J Easement(s): Consent to easement(s) or other property interest
7 -= by secured party (ies).
Total Other Charges TBD | —_
[1 Other Disbursements: |
Sub Total TBD
Land* $43,049.00
Improvements* $9,141.00 Possession date:
TCE $13,167.00 Close of escrow:
Administrative Settlement _ $26,632.00 —— Date of recording:
Total Purchase Price $91,989.00
Total Escrow & Title Costs TBD Entry Agreement Yes | Nok
Total Compensation (minus any Addendum attached hereto and made a part
funds paid outside of escrow) $91,989.00 hereof Yes] | Nof
TOTAL WARRANT** _ TBD

*Escrow and title policy fees based on this amount only.
**Sum of "Total Closing Costs" and "Total Compensation" only.

Project:

59® Avenue and Northem Richt Turn Lane and Bus Bay Pullout | cip# | 212257

Parcel Address 7924 N 59% Avenue, Glendale AZ 85301

APN # | 143-41-002D & 005C

Right of Way Agent: Wayne Jones

Telephone # | 623-930-3659

Page 1 of 8

The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE (City of Glendale) as described in the Exhibits 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 the CITY OF GLENDALE, possessory interest on said property to be granted upon approval by the CITY OF GLENDALE CITY COUNCIL and

executed by the authorized City official.

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 shal! not be responsible for
any liens or encumbrances not of record at the closing of escrow.

The Right of Way Agent or the CITY OF GLENDALE Engineering Department will be furnished a copy of the GRANTORS’ 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 the CITY OF GLENDALE.”

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.

The CITY OF GLENDALE will pay the costs of the owner’s title insurance policy, fees associated with lender releases or loan payoffs, 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, the CITY OF GLENDALE 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 CITY OF GLENDALE and
payment will be made direct from the GRANTEE to the GRANTORS after approval and acceptance by the CITY OF GLENDALE CITY COUNCIL
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 provides full and complete compensation, satisfies, and
releases any claims brought or that could be brought against the GRANTEE for all injury or damage to the GRANTORS” remaining lands by reason
of their severance from the part being acquired and the construction of the improvements in the manner proposed by the CITY OF GLENDALE.

The CITY OF GLENDALLE agrees to pay, and the GRANTOR accept the payment in full for the property described herein:
© — Real property the amount of Forty-Three Thousand Forty-Nine and No/100 Dollars ($43,049.00) described and depicted in Exhibit A-1

and A-2
¢ Temporary Construction Easement in the amount of Thirteen Thousand One Hundred Sixty-Seven and No/100 Dollars ($13,167.00)

described and depicted in Exhibit B-] and B-2
* Improvements located on the property in the amount of Nine Thousand One Hundred Forty-One and No/100 Dollars ($9,141.00) and

broken out as follows in Exhibit C.
* Administrative Settlement in the amount of Twenty-Six Thousand Six Hundred Thirty-Two and No/100 Dollars ($26,632.00).

The CITY OF GLENDALE shall be responsible for damage that occurs as a result of the CITY OF GLENDALE's temporary use or occupation of the
GRANTOR’S property due to the City’s gross negligence, or the gross negligent acts or conduct of its agents, employees, or contractors. 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 2 of 8

GRANTOR: § jes, LLC, an Arizona limited liability company

Cl Ariz, ak

Michael L. Decell

Printed Name:

Its: Vice President __ —

GRANTEE:

CITY OF GLENDALE
an Arizona municipal corporation

By ee
Name: Kevin R. Phelps
Title: City Manager

ATTEST:
Julie K. Bower, City Clerk (Seal)
APPROVED AS TO FORM:

Michael D. Bailey, City Attorney

Page 3 of 8

EXHIBIT "'C"

Parcel No. 143-41-002D and 143-41-005C
CIP# 212257

Site Improvements Within Proposed Acquisition Area:

1934 Sq. Ft. of Grass with irrigation x $2.00/Sq. Ft.
670 Sq. Ft. of Concrete at Driveway x $5.50/Sq. Ft.

28 LF of Concrete Curb along Driveway X $11.00/ LF
44 Sq. Ft. Slump Block Screen Wall X $10.00/Sq. Ft.
3 pigmy palm trees @ $200.00/ea.

4 lantana plants @ $60.00/ea.

Page 4 of 8

EXHIBIT "A-1"

Legal Description
For
Right of Way

Located in the Northeast Quarter of Section 6, Township 2 North, Range 2 East, Gila and Salt River
Meridian, Maricopa County, Arizona.

Being a portion of that certain parcel of land as described in document number 1987-0769941, Maricopa
County records.

Commencing at the Northeast comer of said Section 6, from which the West Quarter corner of said Section
bears South 00°14'21" West, a distance of 2640.58 feet;

Thence South 00°14'21" West, along the East line of said Northeast Quarter, a distance of 134.01 feet;

Thence departing said East line, South 88°54'20" West, a distance of 40.01 feet to the Northeast corner of
said parcel and the Point of Beginning;

Thence South 00°14'21" West, along the East line of said parcel, a distance of 226.52 feet to the Southeast
corner of said parcel;

Thence departing said East line, South 88°54'20" West, along the South line of said parcel, a distance of
11.00 feet to a tine which is parailel with and 51.00 feet Westerly, as measured at right angles to the East
line of said Northeast Quarter;

Thence North 00°14'21" East, along said parallel line, a distance of 120.44 feet;

Thence departing said parallel line, North 89°45'39" West, a distance of 6.00 feet, to a line which is parallel
with and 57.00 feet Westerly, as measured at right angles to the East line of said Northeast Quarter;

Thence North 00°14'21" East, along said parallel line, a distance of 27.00 feet;

Thence departing said parallel line, South 89°45'39" East, a distance of 6.00 feet, to a line which is parallel
with and 51.00 feet Westerly, as measured at right angles to the East line of said Northeast Quarter;

Thence North 00°14'21" East, along said parallel line, a distance of 79.09 feet to the North line of said
parcel;

Thence North 88°54'20" East, along said North line, a distance of 11.00 feet to the Point of Beginning.

Containing 2,653.76 square feet or 0.06 acres, more or less.

m\
Mitchell H.
Ragsdale
&,, 4125123.)

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Page 6 of 8 Reo oS” pT 1a

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Line Table

Line # Direction Length

L1 $00° 14° 21°W | 226.52'

L2 888° 54'20"W | 11.00'
Ls | Noo? 14°21" | 120.44"
L4 | Neo" 45'39"W 6.00"

L5 NOO° 14' 21 "E "27.00!

Le | see°45'39°E 6.00"
L7 | NOO°14'21"E | 79.09"

L8 N88° 54'20"E = 11.00'

| Lo $88° 54'20"W 40.01'

NORTHERN AVE.

NE COR. SEC. 6,
T2N.,R2E.

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POINT OF COMMENCEMENT -
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APN: 143-41-001 _
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APN: 143-41-006C

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civil engineering » surveying » urban planning

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645 E. MISSOURI AVE., STE. 420
PHOENIX, ARIZONA 85012

EXHIBIT "A-2"

RIGHT OF WAY
7924 S. 59th AVE.
CITY OF GLENDALE
Project No. 1427 Date : 4/25/23
Sheet | of 1

Plotted: 04/25/23 - 10:54 AM, By: mragsdale

Fite: M1427

Page 6 of 8

EXHIBIT "B-1"

LEGAL DESCRIPTION FOR
TEMPORARY CONSTRUCTION EASEMENT

THE WEST 35 FEET OF THE EAST 85.50 FEET OF THE SOUTH 227.95 FEET OF
THE NE1/4 OF LOT 1, HADSELLS ADDITION TO GLENDALE, LYING IN THE NE1/4
OF THE NE1/2 OF SECTION 6, T. 2N., R.2 E., GILA & SALT RIVER BASE &
MERIDIAN, MARICOPA COUNTY, ARIZONA.

Page 7 of 8

TEMPORARY

CONSTRUCTION

EASEMENT AREA =
1 7980 SQUARE FEET

EXHIBIT B-2

South 68th Avenue CST CL g

Page 8 of 8

CITY OF GLENDALE

ENGINEERING DEPARTMENT

‘5850 W. GLENDALE AVE.

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