B1. DEDICATION PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS.PDF
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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.
95000502-095-PG-SW
Grantor:
Marbella Ranch East 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:
Marbella Ranch East
PCN:
TT0008
Assessor Parcel No.:
501-54-012P
Item No
DD10901
Right of Way Agent:
Kevin Spicer
Telephone #
(602)506-4893
DocuSign Envelope ID: F88511F9-3B07-4E02-B121-9B39893D7A56
DocuSign Envelope ID: F88511F9-3B07-4E02-B121-9B39893D7A56
6/2/2022
6/2/2022
3
DocuSign Envelope ID: F88511F9-3B07-4E02-B121-9B39893D7A56
4
DocuSign Envelope ID: F88511F9-3B07-4E02-B121-9B39893D7A56
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Exhibit “B”
RIGHT OF WAY AGREEMENT
Parcel No.: 501-54-012P
Project No.: TT0008
Project Name: Marbella Ranch East
Item No.: DD10901 (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: F88511F9-3B07-4E02-B121-9B39893D7A56