D1. PURCHASE AGREEMENT AND ESCROW.PDF

Flood Control District of Maricopa County
Purchase Agreement and Escrow Instructions

Title Company Security Title Agency, Inc. Date July 9, 2025
Address 2415 E Camelback Road, Suite 200 Phone _ | 602-230-6271
City Phoenix, AZ 85016 Fax 602-923-0452
Escrow Officer Adrianna Cabello Email Adrianna. Cabello@securitytitle.com
Escrow No, ST1S241064
Joseph M. Torrez and Adela Torrez, husband and wife as joint tenants with right of
survivorship, who acquired title as Joseph M. Torrez and Adele Torrez, husband and wife
Grantors: as joint tenants with right of survivorship Phone:
Contact Joseph M. and Adele Torrez Phone: | 602-281-0662
Mailing Address; 6707 N. 81" Avenue Email Jtorrez10@centurylink.net
City, State Zip Glendate, AZ 85303

Grantee:

FLOOD CONTROL DISTRICT OF MARICOPA COUNTY, a political subdivision of the State of Arizona

Mailing Address: | Real Estate Department, 2801 W. Duranga Street, Phoenix, Arizona 85009

The DISTRICT shall pay directly to the Grantor, or deposit with the Title
Company if escrowed, the purchase price plus all !awful costs incidental to
closing as follows:

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

Escrow & Title Fees

Escrow Fees

Title Policy Fees TBD

Title Report Fees TBD

Title Report Credit

Total Escrow & Title Fees

Rd Total Acquisition of Grantors’ Property: Property Owner to pravide all
unrecorded easements, liens, etc. which Owner possesses, or which awner has
knowledge. Full release of ali monetary liens and encumbrances, and leases
ofany kind. Pay in fuit all due and delinquent real property taxes and general
and special improvementassessments, Prorate the current year's real praperty
taxes on closings that accur 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

{1 Partial Acquisition of Grantor's Property: Partial release of ail 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 fill 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 faxes shalt nat be prorated
regardless of the closing date,

S.R.V.W.ULA,

Taxes - Prorated

Total Other Charges
Sub Total 1 ]
Li __Easement{s): Consent to easement(s) by secured partyfies).
Purchase Price
Land and Improvements* $395,000.00
Total Compensation $395,000.00

Total Escrow & Title, Recording, and Other Costs

Tatal Purchase Price $395,000.00

TOTAL WARRANT** TBD

* Escrow and title policy fees based on this amount only,
+**Sum of "Total Clasing Casts" and "Total Purchase Price" only,
POC = Paid Outside of Closing

Project: Gila Bend FPAP Project PCN: j 702,24.32
Assessor Parcet No.: AO2-14-062A, 402-14-063A, 402-14-064A, 402-14-065A, and 402-14-066A item No | FO0502

Right of Way Agent: Jennifer Rodriguez Telephone No. | 602-506-4897
Consultant Cherisse Young. Telephone No. | 602-682-0600

The GRANTORS and GRANTEE, having agreed {o execute the conveyance of certain real property rights described in Attachments A and made a part hereof, and
having delivered same te the above Tithe Company as Escrow Agent, said agent is directed to deliver said conveyance to the DISTRICT, title to said property to be
{ransferred 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 ilems, 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 tiens 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 colfected 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 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, the
DISTRICT 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 handied 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 fiting and recording of the
documents,

It is understaod 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 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 accept the payment in full for the property described herein:
* Warranty Deed for Real property in the amount of Three Hundred Ninety-Five Thousand and No/100 Dollars ($395,000.06), 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 claims shall be
submitted in accordance with the requirements of ARS 12-821.

il 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.

GRANTORS: Joseph M. Torrez and Adela RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
Torrez, husband and wife as joint tenants FLOOD CONTROL DISTRICT OF MARICOPA COUNTY BOARD OF
with right of survivorship, who acquired MARICOPA COUNTY DIRECTORS

title as Joseph M. Torrez and Adele Torrez,
husband and wile as joint tenants with right

of mo DocuSigned by:
xiao, Me nh fone — fed Baghon 8/5/2025
VEZ, Paul Baughman Date Chairman of the Board
= Sire 7, [Gav 23Z FY __ Director, Flood Control District
open Date
Thane, (EE vir
Adela Torre C) Alex Smith Date ATTEST:
el ag “aes 0 aA q Director, Real Estate Department

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,

(sy, oat

Max Carpinelli

Date

Flood Control District General Counsel
8/5/2025

Date

Attachment A
Legal Description For
Warranty Deed

Parcel Nos. 402-14-062A, 402-14-063A, 402-14-064A, 402-14-065A, and 402-14-066A
Floodprone Properties Assistance Program
Project NO. 701.24.32
Item No. F00502

EXHIBIT “A”

THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF MARICOPA, STATE OF ARIZONA AND
IS DESCRIBED AS FOLLOWS:

The North half and the North 3 feet of the South half, a total of 78 feet of Lot(s) 7, 8, 9, 10 and 11, Block 42, Gila Bend Townsite,
according to Book 1 of Maps, Page 57, records of Maricopa County, Arizona.