C1. 700.22.34 VASQUEZ-FCD_PURCHASE_AGREEMENT_07-15-22.PDF
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Flood Control District of Maricopa County Purchase Agreement and Escrow Instructions Title Company Pioneer ‘Title Agency, Inc. Date 03/07/2022 Address 7310 N. 16" Street, Suite 250 Phone | 602-328-8925 City Phoenix Fax 855-487-3551 Escrow Officer Jennifer Siverio Email | Jennifer.siverio@ptaaz.com Escrow No. 72501107-025-JS1 Jose M. Vasquez AKA Manual Vasquez and Maria Vasquez, husband and wife; Edward Pino, a married man, as his sole and separate property, who acquired title as a single man; Yesenia Pino, a married woman as her sole and separate property, who acquired title as a single woman; Marco Antonio Vazquez, a single man; Berenice Vazquez, a married woman as her sole and separate property, who Grantor: acquired title as a single woman Phone: | 602-802-7133 Contact Yesenia Espinoza Phone: | 623-826-6857 Mailing Address: _| 801 N. 194 Avenue Email_| yesenia@yeseniasteam.com City, State Zip Buckeye, AZ 85326 Fax: Grantee: FLOOD CONTROL DISTRICT OF MARICOPA COUTNY [DISTRICT], a political subdivision of the State of Arizona Mailing Address: l Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009 The DISTRICT shall pay directly to the Grantor, or deposit with Sub- Charges and Disbursements to be paid from Grantor's funds as the Title Company if escrowed, the purchase price plus all lawful Object | follows (check all that apply): costs incidental to closing as follows: Code Escrow Fees $1,030.00 EI Total Acquisition of Grantor's Property: Full release of all Title Policy Fees $970.00 monetary liens and encumbrances, and leases of any kind. ‘Title Report $750.00 Pay in full all due and delinquent real property taxes and Title Report Credit ($750) general and special improvement assessments. Prorate the Total Escrow & Title Fees $2,000.00 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 $30.00 the lien of the current year's taxes in full. Easement [ [ Mortgage Release LJ 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 the DISRICT, pay due and delinquent Total Recording Fees $30.00 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 DISTRICT’S partial acquisition, and any Certificate(s) S.R.V.W.U.LA. of Purchase. ‘The current year's taxes shall not be prorated Taxes - Prorated regardless of the closing date. Additional Parcel Charge $750.00 | LJ Easement(s): Consent to easement(s) by secured party(ies). Total Other Charges $750.00 [1 Other Disbursements: [ Sub Total $2,780.00 Land and Improvements * $150,000.00 1 Possession date: Close of escrow: Date of recording: Total Compensation $150,000.00 Right of Way Agreement Exhibit “B” Yes L] | No Total Escrow & Title Costs $2,780.00 | 14 Right of Entry Agreement Yes L] | No Kl | Total Purchase Price $150,000.00 Addendum attached hereto and made a Yes L] | Nox TOTAL WARRANT** $152,780.00 part hereof *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Purchase Price" only. *kt P.O.C Paid outside of closing Project: Floodprone Properties Assistance Program (PAP) PCN: | 700.22.34 Assessor Parcel No.: 403-11-047 Item No | F00422 Right of Way Agent: Chelsie Vyles, Tierra Right of Way Services Telephone # | 602-670-4947 Page 1 of 4 DocuSign Envelope ID: D9517466-53A2-43D9-9D54-E352F9B71656 ‘The GRANTOR, having executed a conveyance of certain cal property rights to the GRANTEE as described in the Exhibit(s) attached hereto and made a part hercof, and having delivered same to the above ‘Title Company as Escrow Agent, said agent is directed to 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 fiest apply the purchase price on deposit to satisfy such taxes, Deed of ‘I'rusts, leasehold interests, special assessments, and other encumbrances as may be authorized for payment, and the balance thercof 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 ‘Litle Company shall not be responsible for any liens or encurnbrances not of record at the closing of escrow. The Right of Way Agent or Maricopa County Real Listate 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 the “DISTRICT” 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 DISTRICT will pay the costs of the owncr’s title insurance policy; fees associated with lender releases or loan pay-offs, including endorsements, document preparation, and other expenses related thereto; escrow fecs 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, F’sccow Agent and title insurance hercin 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 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. 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 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 the DISTRICT. ‘The DISTRICT shall be responsible to the extent that damage occurs out of the DISTRICT's occupation of the Grantor's property caused by the DISTRIC1’s negligence, or by the negligent acts or conduct of its agents, employces, 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. ‘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. ate — Oar RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: Maria Vasquez, husband and wife; Edward Pino, FLOOD CONTROL DISTRICT BOARD OF DIRECTORS OF a married man, as his sole and separate property, OF MARICOPA COUNTY FLOOD CONTROL DISTRICT OF who acquired title as a single man; Yesenia Pino, MARICOPA COUNTY a marricd woman as her sole and separate property, who acquired title as a single woman; Marco Antonio Vazquez, a single man; Berenice Vazquez, a married woman as her sole and separate property, who acquired title as a single DocuSigned by: woman i Midal Fulton __ 7/19/2022 ge L Z ostorioca7eanasc.. £ Michael A Fulton Date Yésc M. Vasquez AKA Maryal Vasquez Director, l‘lood Control District Chairman of the Board Date *F—/K AZ] oe) uSlaned by: Lah. ck 7a 7/19/2022 4 Y - ATTEST: £ A Alex Smith Date Maria Vasquez Director, Real Estate Department Date Approved as to form within the Clerk of the Board powers and authority of the Board of ie Directors Ls ——————— I | — DocuSigned by: — (Wattet—Peel. 7/19/2022 ital age as Date Deputy County Attorney Date Page 2 of 4 GRANTOR: Jose M. Vasquez AKA Manual Vasquez and Maria Vasquez, husband and wife; Edward Pino, a married man, as his sole and separate property, who acquired title as a single man; Yesenia Pino, a married woman as her sole and separate property, who acquired title as a single woman; Marco Antonio Vazquez, a single man; Berenice Vazquez, a married woman as her sole and separate property, who acquired title as a single woman Edward Pina SE aia Date BOS fee 7 ie O° Of SORE YU AAS Yesgnia Pino , Date “Ze 22 Zz Mar€o Antohio Vazquez Date Oe 2. (4 Cpuze ZommnrZ7 Bernice Vazquez Dae 2119 Jaa Page 3 of 4 Parcel No. 403-11-047 Floodprone Properties Assistance Program Project No. 700.22.34 Item No. F00422 EXHIBIT “A” LEGAL DESCRIPTION The Land referred to herein below is situated in the County of Maricopa, State of Arizona, and is described as follows: A portion of the following described property: That part of Tract “A”, of WEST GILA BEND AMENDED, according to the plat of record in the office of the County Recorder of Maricopa County, Arizona, in Book 32 of Maps, Page 33, described as follows: BEGINNING at the Southeast corner of said Tract “A”; thence Northerly a distance of 80 feet along the Easterly line of said Tract “A” to a point; thence Southwesterly parallel to the Southerly line of said Tract “A” a distance of 140 feet; thence Southerly parallel to the East line of said Tract “A”, a distance of 80 feet to a point on the Southerly line; thence Northeasterly along the Southerly line of said Tract “A” a distance of 140 feet to the POINT OF BEGINNING. 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