E1. PURCHASE AGREEMENT - RR-20.PDF

Maricopa County — Formal (2022-09-14)

View PDF Item 87 Meeting page

Extracted text (via pymupdf) 4265 characters
Page 1 of 7 
Flood Control District of Maricopa County 
Purchase Agreement 
Title Company 
N/A (In House Recording) 
Date 
May 18, 2022 
Address 
Phone 
City 
     , 
Fax 
Escrow Officer 
N/A 
 
Email 
Escrow No. 
N/A 
Grantor: 
The Flood Control District of Maricopa County, a political subdivision of the State of 
Arizona 
Phone: 
Contact
Michael Fulton
 
Phone: 
602-506-4708
Mailing Address: 
2801 West Durango Street 
Email 
City, State Zip 
Phoenix, AZ  85009 
Fax: 
Grantee: TOWN OF QUEEN CREEK, an Arizona municipal corporation 
Mailing Address: 
Rob Sachs, 22350 S. Ellsworth Road Queen Creek, AZ 85142 
Town of Queen Creek, an Arizona municipal Corporation shall 
pay directly to the Grantor the purchase price plus all lawful costs 
incidental to closing as follows: 
Sub- 
Object 
Code 
Charges and Disbursements to be paid to Grantor as follows (check all 
that apply):  
Escrow Fees 
Total Acquisition of Grantor's Property: 
Title Policy Fees 
Title Report 
Title Report Credit 
Total Escrow & Title Fees 
$0.00 
Recording Fees: 
$0.00
Release & Reconveyance 
Release of Lease 
Partial Acquisition of Grantor's Property:  
Total Recording Fees 
$0.00 
Other Charges: 
Appraisal Report Services 
Paid by the 
Town of Queen 
Creek 
Easement(s):  Consent to easement(s) by secured party(ies). 
Total Other Charges 
$0.00 
 Other Disbursements: 
Sub Total 
$0.00 
Land*
$500.00 
11 
Easements*
11 
Possession date: 
10 
Close of escrow: 
10 
Date of recording: 
12 
Special Conditions Right of Way Contract 
Yes 
 
No 
Total Compensation 
$0.00 
Total Escrow & Title Costs 
N/A 
14 
Entry Agreement 
Yes 
 
No 
Total Purchase Price 
  $500.00 
Addendum attached hereto and made a 
Yes 
 
No 
TOTAL **
 $500.00 
part hereof 
*Escrow and title policy fees based on this amount only.
**Sum of "Total Closing Costs" and "Total Purchase Price" only.
*** P.O.C Paid outside of closing
Project: 
Rittenhouse Road Drain 
PCN: 
480.01.12 
Assessor Parcel No.: 
304-66-008H, 304-66-008N
Item No 
N/A 
Agent: 
John Gaffney 
Telephone # 
602-506-8304

Page 2 of 7 
Pursuant to IGA FCD 2021A008, 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, said agent is 
directed to deliver said conveyance to THE TOWN OF QUEEN CREEK, an Arizona municipal 
corporation, title to said property to be transferred upon execution of the Special Warranty Deed by the 
MARICOPA COUNTY BOARD OF DIRECTORS and its recordation with the Maricopa County 
Recorder’s office.  
The Town of Queen Creek provided at their cost an appraisal report with a final opinion of market value of 
$500.00. The purchase price and the balance thereof shall be paid in accordance with the terms herein. 
The Town of Queen Creek has waived escrow and 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 THE FLOOD CONTROL DISTRICT OF MARICOPA COUNTY and payment will be made 
direct from the Grantee to the Grantor 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 Grantor as full and complete 
compensation for the interest being acquired.   
This Agreement is subject to cancelation pursuant to A.R.S. § 38-511.

Page 3 of 7 
GRANTOR: 
RECOMMENDED FOR APPROVAL:  
APPROVED: 
FLOOD CONTROL DISTRICT 
BOARD OF DIRECTORS OF 
OF MARICOPA COUNTY 
FLOOD CONTROL DISTRICT 
OF MARICOPA COUNTY 
Michael A. Fulton, Director 
Date 
      Bill Gates, Chairman of the Board  
Date 
ATTEST: 
Clerk of the Board  
Date 
REAL ESTATE DEPARTMENT APPROVAL: 
Alex Smith 
Date 
Director 
Real Estate Department 
APPROVED AS TO FORM and within the powers and authority granted under the laws of the 
State of Arizona. 
Flood Control District General Council 
Date 




Page 5 of 7 
EXHIBIT “A” 
LEGAL DESCRIPTION – PROPERTY

Page 6 of 7 
EXHIBIT “A” 
MAP EXHIBIT-PROPERTY

Page 7 of 7 
EXHIBIT “A” 
MAP EXHIBIT-PROPERTY continued