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Maricopa County Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date May 7, 2024 Address 2415 East Camelback Road, Suite 200 Phone 602-230-6224 City Phoenix, AZ 85016 Fax 602-926-0452 Escrow Officer Jason Bryant Email jbryant@securitytitle.com Escrow No. 15201076-015-JB6-SW Grantor: Rio Blue LLC, an Arizona limited liability company Phone: (404) 936-3078 Contact Joseph Michael Ladina Phone: JOSEPHML11@HOTM Mailing Address: 9329 Highway 52 Email AIL.COM City, State Zip Chatsworth, GA_30705 Grantee: | Maricopa County, a political subdivision of the State of Arizona Mailing Address: | Real Estate Department, 2801 W. Durango Street, Phoenix, Arizona 85009 MARICOPA COUNTY shall pay directly to the Grantor, or Sub- Charges and Disbursements to be paid from Grantor's funds as deposit with the Title Company if escrowed, the purchase price Object | follows (check all that apply): plus all lawful costs incidental to closing as follows: Code Escrow & Title Fees: Escrow Fees $__696.00 (1 Total Acquisition of Grantor's Property: Full release of all Title Policy Fees $585.00 ° . Title Report $ 0.00 monetary liens and encumbrances, and leases of any kind. - 7 Pay in full all due and delinquent real property taxes and Title Report Credit $ 0.00 general and special improvement assessments. Prorate the Total Escrow & Title Fees $1,281.00 | 14 after the 3rd Monday of August each year. Escrow Agent shall withhold the prorated amounts from each party and pay Recording Fees: the lien of the current year's taxes in full. Release & Reconveyance | $ 0.00 I Release of Lease $ 0.00 LJ_ Partial Acquisition of Grantor's Property: Partial release of all Total Recording Fees $ 0.00 | 14 monetary liens and encumbrances, and leases of any kind. | At the discretion of Maricopa County, pay due and delinquent Other Charges: Release Fees $ 0.00 assessments, including full payment of taxes and Consent Fees $ 0.00 assessments on individual assessor parcels within S.R.V.W.U.A, $ 0.00 Maricopa County's partial acquisition, and any Certificate(s) Taxes -Prorated $ 0.00 of Purchase. The current year's taxes shall not be prorated Total Other Charges $ 0.00 | 14 regardless of the closing date. Sub Total Escrow & Title, Recording, Other | $ 1,281.00 . I EX] Easement: Consent to easement by secured party. Compensation: Drainage Easement $ 825.00 UW | Total Compensation $825.00 Total Escrow & Title, Recording, Other $ 1,281.00] 14 Total Compensation $825.00 TOTAL WARRANT** S$ 2,106.00 Project Name: Tonto Hills Low Volume Roads Project Number: | TT0609 Assessor Parcel No.: 219-12-121 Item No. D24310 Right of Way Agent: Alicia Hernandez Telephone # (602) 506-8163 Page 1 of 5 The GRANTOR and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhibits “A-1” and “A-2” 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. MARICOPA COUNTY 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. If any element of 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 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 MARICOPA COUNTY. MARICOPA COUNTY agrees to pay and the GRANTOR accepts the payment in full for the property described herein: e Drainage Easement in the amount of Eight Hundred Twenty-Five and No/100 Dollars ($825.00) described and depicted in Exhibit “A-1” and “A-2.” If in the opinion of the Transportation Director it becomes necessary, MARICOPA COUNTY, or its agents, is hereby granted to enter upon the remaining property for the purpose of private structure relocation in kind to the GRANTOR’s property, clear of the property described herein, and at no expense to the GRANTOR except as may be herein otherwise agreed. With respect to the development/redevelopment of the property prior to construction of project TT0609, 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. 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. 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. Page 2 of 5 cope LLC, an Arizona limited liability RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: - C ‘MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF 2 OF TRANSPORTATION SUPERVISORS Josébh Mickael Ladina, Manager DocuSigned by: 7— [oe 244 [. Date Juunifur Rodrigue Right of Way Supervisor Chairman of the Board 7/23/2024 Date ATTEST: Approved as to form within the powers and authority of the Board of Supervisors DocuSigned by: Ways Pu 7/24/2024 Clerk of the Board of Supervisors Deputy County Attomey Date Page 3 of 5 Date ” Rio Blue LLC, an Arizona limited liability RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED: MARICOPA COUNTY BOARD OF SUPERVISORS company @) e u * MARICOPA COUNTY DEPARTMENT - 2 OF TRANSPORTATION Joséph Miclael Ladina, Manager J—le- 24 Date Right of Way Supervisor Date Approved as to form within the powers and authority of the Board of Supervisors Chairman of the Board ATYEST: Clerk of the Board of Supervisors Deputy County Attorney Date Page 3 of 5 Date Exhibit “A-1” Parcel No. 219-12-121 Project No. TT0609 TONTO BOLLS LVR Item No. D24310-DE Legal Description For Drainage Easement That portion of the Southwest quarter of Section 10, Township 6 North, Range 5 East of the Gila and Salt River Meridian, Maricopa County, Arizona, described as follows: COMMENCING at the Northwest corner of Lot 121 of Tonto Hills, Book 93, page 5 M.C.R., said point being a non-tangent curve, concave Northeast, from which the radius point bears North 10 degrees 02 minutes 15 seconds East a distance of 530.00 feet; thence Southeasterly 53.68 feet along the North Line of said Lot 121, along the arc of said curve to the left through a central angle of 5 degrees 48 minutes 09 seconds to the POINT OF BEGINNING; thence to a point of compound curvature of a curve having a radius of 530.00 feet; thence Easterly 93.60 feet along said North line, along the arc of said curve to the left through a central angle of 10 degrees 07 minutes 07 seconds; thence on a non-tangent line South 5 degrees 53 minutes 02 seconds East, 5.00 feet to the beginning of anon-tangent curve, concave Northerly, from which the radius point bears North 5 degrees 53 minutes 02 seconds West a distance of 535.00 feet; thence Westerly 94.48 feet along the arc of said curve to the right through a central angle of 10 degrees 07 minutes 07 seconds; thence on a non-tangent line North 4 degrees 14 minutes 05 seconds East, 5.00 feet to the POINT OF BEGINNING. The above described parcel contains 470 square feet or 0.0108 acres, more or less, and is depicted on the attached Exhibit “RB”. Professional Land Surveyor AZ No. 19817 . Digitally signed Jim by Jim CRUME Date: 2021.10.21 MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION CRUMEz2110 “Ov'00" Agent: J. Crume Project No. TTO609 Chk: J. Crume Electronic Seal Tech: B. Crume https://btr.az.gov/ Prepared by: Cooper Aerial Surveys Company Page 4 of 5 Exhibit "A-2" POC-~. POB N HOHOKAM RD Not fo Scale D24310-DE DS Ww / Ww / LOT 121 OF TONTO HILLS y S BOOK 93 PAGE 05 M.C.R. ¥ = RIO BLUE LLC Ra ¥ APN: 219-12-121 ~ 2 PY = 219.45 a ~127 LINE TABLE ; LINE | BEARING | LENGTH CURVE TABLE Lt | S05°53'02"E | 5.02” CURVE | LENGTH | RADIUS | DELTA | TANGENT | CHORD | CHORD BRG 12 | Noata'os’e | 5.00! Ct 53.68 | 530.00' | 54809" | 26.86 | 53.65’ | S82°51'50"E C2 93.60" | 530.00" | 10°07°07" 46.92’ | 93.48" | N89°10'32"E Page 5 of 5 C3 | 94.48" | 535.00’ | 10°07'07” | 47.36" | 94.36° | s89'10'32"W Professional Land . a eae — - Surveyor AZ No. 0D24310-DE Area: 470 square feet or 0.0108 acres SHT 1 of 1 19817 = . Digitally signed MARICOPA COUNTY Jim by Jim CRUME = a eS __- - ¢_ Date: . 2021.10.21 - TONTO HILLS LVR CRUE tro PROJECT No. 770609 | Agent: J. Crume Coe oy IAL SURVEYS COMPANY Electronic Seal ITEM No, D24310-DE Tech: B. Crume Checked: J.Crume | Date: 09/14/2024 https: //btr.az.gov/