A1. DEDICATION PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS.PDF
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1 Maricopa County Department of Transportation Dedication Purchase Agreement and Escrow Instructions Title Company Fidelity National Title Agency, Inc. Date 6/3/22 Address 3410 E University Dr., Suite 200 Phone 602-617-7575 City, State, Zip Phoenix, AZ 85034 Fax Escrow Officer Patti Graham Email pgraham@fnf.com Escrow No. 95000504-095-PG-SW Grantor: Dakota Creek LLC, an Arizona limited liability company Phone: 602-692-7636 Contact: Andrew Harrison Cell: 602-692-7636 Mailing Address: 8601 N Scottsdale Rd., Suite 335 Email: andrew@marbellacustom homes.com City, State, Zip Scottsdale, AZ 85253 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: Dakota Creek PCN: TT0008 Assessor Parcel No.: 501-56-273A Item No DD10902 Right of Way Agent: Kevin Spicer Telephone # (602)506-4893 DocuSign Envelope ID: 169BBDE5-72A9-4A73-B8A6-855C5E7738D8 DocuSign Envelope ID: 169BBDE5-72A9-4A73-B8A6-855C5E7738D8 6/2/2022 6/2/2022 3 DocuSign Envelope ID: 169BBDE5-72A9-4A73-B8A6-855C5E7738D8 4 DocuSign Envelope ID: 169BBDE5-72A9-4A73-B8A6-855C5E7738D8 5 DocuSign Envelope ID: 169BBDE5-72A9-4A73-B8A6-855C5E7738D8 6 DocuSign Envelope ID: 169BBDE5-72A9-4A73-B8A6-855C5E7738D8 7 Exhibit “B” RIGHT OF WAY AGREEMENT Parcel No.: 501-56-273A Project No.: TT0008 Project Name: Dakota Creek Item No.: DD10902 (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: 169BBDE5-72A9-4A73-B8A6-855C5E7738D8