C1. PURCHASE AGREEMENT AND ESCROW.PDF
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Flood Control District of Maricopa County Purchase Agreement.and Escrow Instructions Title Company Security Title Agency, Inc. Date May 20, 2025 Address 2415 E Camelback Road, Suite 200 Phone 602-230-6271 City Phoenix Fax. 602-923-0452 Escrow Officer Adrianna Cabello Email Adrianna.Cabello@securitytitle.com Escrow No, ST15241054 Vicente Mendez, Jr. and Angelica Mendez, husband and wife as community property with Grantors: right of survivorship Phone: 623-451-3594 Contact Vicente Mendez Jr. and Angelica Mendez Phone: Mailing Address: 3503 N. Campbell Avenue 101 Email City, State Zip Tucson, AZ 85719 Grantee: FLOOD CONTROL DISTRICT OF MARICOPA COUNTY, a political subdivision of the State of Arizona Mailing Address: | Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009 The DISTRICT shail 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): Total Escrow & Title Fees Escrow & Title Fees I l Escrow Fees EX] Total Acquisition of Grantors” Property: Property Owner to provide all Title Policy Fees TBD unrecorded easements, liens, etc. which Owner possesses, or which owner has Title Report Fees TBD knowledge. Full release of all monetary liens and encumbrances, and leases Title Report Credit ofany kind. 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. Recording Fees: Deed Easement Mortgage Release Release of Lease Total Recording Fees Other Charges: Release Fees OF Partial Acquisition of Grantors’ Property: Partial release of all monetary liens and encumbrances, and leases of any kind. At the discretion of the DISRICT, pay due and delinquent property taxes and general and special improvement assessments, including full payment of taxes and assessments on individual assessor parcels within the DISTRICT'S partial acquisition, and any Certificate(s) of Purchase. The current year's taxes shall not be prorated regardless of the closing date. S.R.V.W.ULA. ‘Taxes - Prorated Total Other Charges Sub Total | | L__Easement(s): Consent to easement(s) by secured party(ies). Purchase Price Land and Improvements $175,000.00 Total Compensation $175,000.00 Total Escrow & Title, Recording, and Other Costs_| Total Purchase Price $175,000.00 TOTAL WARRANT** * Escrow and title policy fees based an this amount only. #*Sum of "Total Closing Costs" and "Total Purchase Price" only. POC = Paid Outside of Closing Project: Gila Bend FPAP Project PCN: | 701.24.35 Assessor Parcel No.: 402-14-031A, 462-14-032A, 402-14-033A, 402-14-034A Stem No_| F00494 Right of Way Agent: Jennifer Rodriguez Telephone No. | 602-506-4897 Consultant Diana Molina Telephone No. | 602-682-0000 The GRANTORS and GRANTEE, having agreed to execute the conveyance of certain real property rights described in Attachments A and made a part hereof, and having delivered same to the above Tille Company as Escrow Agent, said agent is directed lo deliver said conveyance to the DISTRICT, title to said property to be transferred upon execution of the conveyance by the MARICOPA COUNTY BOARD OF DIRECTORS, 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 entilled 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 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 “DISTRICT.” ‘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. The DISTRICT will pay the costs of the owner’s litle insurance policy; fees associated with tender 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, the DISTRICT may, at its option, waive escrow and/or title insurance, Upon such waiver, the references lo Title Company, Escrow Agent and title insurance herein are not applicable. If any clement of this transaction is not handled through a title company, the conveyance will be delivered directly to the DISTRICT and payment will be made direct from the Grantee to the Grantors after approval and acceptance by the MARICOPA COUNTY BOARD OF DIRECTORS 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 acquisilion is a partial acquisition from a larger parcel, the consideration also includes; full and complete compensation 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 DISTRICT. The DISTRICT agrees to pay and the GRANTORS accepts the payment in full for the property described herein: © Warranty Deed for Real property in the amount of One Hundred Seventy-Five Thousand No/160 Dollars ($175,000.80), described and depicted in attachment A . The DISTRICT shall be responsible to the extent that damage occurs out of the DISTRICT's occupation of the Grantors’ property caused by the DISTRICT’s negligence, or by the negligent acts or conduct of its agents, employees, or contractors during the term of the DISTRICT'S temporary occupancy of the property. All clainis shall be submitted in accordance with the requirements of ARS 12-821. It is further agreed settlement is being made in lieu of condemnation, and therefore not admissible as evidence of vatue, nor for any other evidentiary purpose, in conjunction with any judicial or administrative proceeding, GRANTORS: Vicente Mendez, Jr. and RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: Angelica Mendez, husband and wife as FLOOD CONTROL DISTRICT OF MARICOPA COUNTY BOARD OF community property with right) of © MARICOPA COUNTY DIRECTORS survivorship Docutigned oy [ tourna 7129/2025 snasinccueesipo Paul Baughman Date Chairman of the Board Director, Flood Control District ‘DocuSigned by (AS 7/28/2025 Date Alex Smith Date ATTEST: Angelica’Mendez Director, Real Estate Department ee Vy LLA dg Date Clerk of the Board of Directors APPROVED AS TO FORM and within the powers and authority granted under the laws of the State of Arizona, signedby. Maye 6. Carpinalli Date Max Carpinelli Flood Control District General Counsel 7/28/2025 Date Attachment A Legal Description for Warranty Deed Parcel No. 402-14-031A, 402-14-032A, 402-14-033A, and 402-14-034A Floodprone Properties Assistance Program Project No, 702.24.35 Item No. F00494 EXHIBIT “A” THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF MARICOPA, STATE OF ARIZONA AND IS DESCRIBED AS FOLLOWS: The West half of Lots 23, 24, 25 and 26, Block 32, GILA BEND TOWNSITE, according to the Plat recorded in Book 1 of Maps, Page 57, records of Maricopa County, Arizona.