B1. TT0008_DD10907_PADD_JRM_HOLDINGS(SIGNED).PDF

1 
 
 
Maricopa County Department of Transportation 
 
Dedication Purchase Agreement and Escrow Instructions 
 
 
Title Company 
Thomas Title and Escrow 
 
Date 
November 3, 2022 
Address 
4800 N Scottsdale Road, Suite 4300 
 
Phone 
480-222-1116 
City, State, Zip 
Scottsdale, AZ 85251 
 
Fax 
480-222-1117 
Escrow Officer 
Shiela Hunter, Teri Guevara 
 
Email 
 
Escrow No. 
10791ATAZ 
 
 
 
Grantor: 
J.R.M Holdings LLC, a Colorado limited liability company 
 
Phone: 
602-553-1810 
Contact: 
Krista Zinser 
 
Cell: 
602-264-6831 
Mailing 
Address: 
4550 N 12th Street 
 
Email: 
kzinser@cvlci.com 
City, State, Zip 
Phoenix, AZ 85014 
 
Fax: 
      
 
Grantee: Maricopa County, a political subdivision of the State of Arizona  
Mailing Address: 
Maricopa County 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.   
      
      
 
 
 
Pay in full all due and delinquent real property taxes and  
 
 
 
 
 
general and special improvement assessments.  Prorate the  
Total Escrow & Title Fees 
0.00 
 
 
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  
 
Deed 
      
 
 
 
the lien of the current year's taxes in full. 
 
Easement 
      
 
 
 
 
 
 
Mortgage Release 
      
 
 
  Partial Acquisition of Grantor's Property:  Partial release of  
        all  
 
Release of Lease 
      
 
 
 
monetary liens and encumbrances, and leases of any kind.   
 
 
 
 
 At the discretion of Maricopa County, pay due and 
delinquent  
Total Recording Fees 
      
 
 
property taxes and general and special improvement  
 
 
 
 
 
assessments, including full payment of taxes and  
Other Charges: 
 
 
 
 
assessments on individual assessor parcels within the  
 
Release Fees 
      
 
 
 
Maricopa County's partial acquisition, and any Certificate(s)  
 
S.R.V.W.U.A. 
      
 
 
 
of Purchase.  The current year's taxes shall not be prorated  
 
Taxes - Prorated 
      
 
 
 
regardless of the closing date. 
 
      
      
 
 
 
 
 
 
 
 
 
 Easement(s):  Consent to easement(s) by secured party (ies). 
Total Other Charges 
      
 
 
 
 
 
 
 
 Other Disbursements:  
      
Sub Total 
0.00 
 
      
 
 
 
 
 
 
 
 
      
 
 
 
 
 
Land * 
$0.00 
 
 
Possession date:  
 
Upon Signature 
 
      
 
 
Close of escrow:  
 
      
 
      
 
 
Date of recording:  
 
      
 
      
 
 
 
 
 
 
      
 
 
Special Conditions Right of Way Contract 
Yes 
 
No 
 
 
 
 
 
 
Exhibit "B" 
 
 
Total Closing Costs*** 
 
0.00 
 
Entry Agreement 
Yes 
 
No 
 
Total Purchase Price 
 
$0.00 
 
Addendum attached hereto and made a 
Yes 
 
No 
 
TOTAL WARRANT** 
 
$0.00 
 
part hereof 
 
 
*Escrow and title policy fees based on this amount only.  
**Sum of "Total Purchase Price" only. 
*** All Closing Costs to be paid by Seller. 
 
 
 
 
Project: 
JRM Holdings 
PCN: 
TT0008 
Assessor Parcel No.: 
501-54-004J 
Item No 
DD10907 
Right of Way Agent: 
Kevin Spicer 
Telephone # 
(602)506-4893 
DocuSign Envelope ID: F6B68026-E746-40C4-99FA-6E8F72F6D68D

The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE as described in the Exhibit(s) 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 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 property owner 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. 
The property owner/applicant is responsible for all title and escrow cancellation fees if the closing/recording process is not completed. 
If 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 Grantor 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 Grantor as full and complete compensation for the interest being acquired. If the 
acquisition is a partial acquisition from a larger parcel, the consideration expressed herein is likewise; 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. 
If MARICOPA COUNTY is acquiring only a portion of Grantor's property, then Grantor grants to MARICOPA COUNTY, its agents, employees and contractors, the 
right to enter Grantor's remaining property as necessary for utility reconnection, driveway reconnection and to facilitate construction on adjacent County owned right of 
way, if required. 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. It is further understood and agreed that this temporary 
right will expire and terminate thirty (30) days after completion of the above referenced project. 
This Agreement is subiect to cancelation oursuant to A.RS. <S 38-511. 
GRANTOR: J.R.M Holdings LLC, a Colorado 
limited liability company 
.-
-
.• .A
I 
I 
By: ..._y \ ,Q1-- , "C(.v
,  
/I 
A 
----
Its: 
// - __... 
I  ' 
A 
I 
By/' \" L\..i.-r,_ 
	 
fGr /JI',, "T 
7 ) ' _(\ ' 
\ 
Its: \,(, U\ \I' \l C\ ,t< 11'{ )/'-.....,,.,,,,-
V 
""'<..-
I -
I 
Date 
Ill lJ I iL?-
RECOMMENDED FOR APPROVAL: 
MARICOPA COUNTY DEPARTMENT 
OF TRANSPORTATION 
Riclit of Way Supervisor 
Date 
Aooroved as to form within the 
powers and authority of the Board of 
Supervisors 
Deputy County Attorney · Date 
2 
ACCEPTED AND APPROVED: 
MARICOPA COUNTY BOARD OF 
SUPERVISORS 
Chairman of the Board 
ATTEST: 
Clerk of the Board of Supervisors 
Date 
DocuSign Envelope ID: F6B68026-E746-40C4-99FA-6E8F72F6D68D
11/9/2022
11/9/2022

3
DocuSign Envelope ID: F6B68026-E746-40C4-99FA-6E8F72F6D68D

N:\01\0391201\CADD\Exhibits\VX.ROW.dwg   Dominique   August 3, 2022
OF
1
1
JRM HOLDINGS LLC
RIGHT-OF-WAY DEDICATION
4550 North 12th Street
Phoenix, Arizona 85014
Phone 602-264-6831
http://www.cvlci.com
SCALE 1" = 50'
EXHIBIT
501-54-004J
PER DOCUMENT NO. 2022-0483075
GLENDALE AVENUE
EL MIRAGE ROAD
DocuSign Envelope ID: F6B68026-E746-40C4-99FA-6E8F72F6D68D

5
DocuSign Envelope ID: F6B68026-E746-40C4-99FA-6E8F72F6D68D

6 
Exhibit “B” 
RIGHT OF WAY AGREEMENT 
Parcel No.: 501-54-004J 
Project No.: TT0008   
Project Name/Development Name: JRM Holdings 
Item No.: DD10907 (KLS) 
 
WHEREAS in consideration hereinafter set forth, it is agreed, that this instrument contains the entire 
agreement between the Grantor and Maricopa County.  No further consideration is being paid than described in 
this contract. 
THE GRANTEE AGREES: 
A. To use the real property described in Exhibit "A" for the general welfare and benefit of the public.
B. That, if in the opinion of the Transportation Director it becomes necessary, private structures will be
relocated in kind to the Grantor's property, clear of the property described herein, at no expense to the
County.
C. With respect to the development/redevelopment of the property prior to any roadway construction,
Grantor 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.
THE GRANTOR AGREES: 
1. To grant a Warranty Deed for the real property described in Exhibit "A" to the County of Maricopa for
the general welfare and benefit of the public.
2. That acceptance of this property in no way obligates Maricopa County to construct or maintain a
roadway within the Right of Way granted by this document.
3. To be responsible for maintenance of the dedicated right of way until such time if and when a roadway
is built, to minimum county standards, and the roadway is open and declared into the Maricopa County
Transportation System.
DocuSign Envelope ID: F6B68026-E746-40C4-99FA-6E8F72F6D68D