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Maricopa County Purchase Agreement and Escrow Instructions Title Company Security Title Agency Date January 9, 2024 Address 4722 N. 24" Street Phone 602-230-6271 City Phoenix, Arizona 85016 Fax 602-926-0452 Escrow Officer Jason Bryant Email jbryant@securitytitle.com Escrow No. 15210637-015-JB6-SW Grantors: Cold Water, LLC, an Oregon limited liability company Phone: | 503-485-4271 Contact Margaret Gander-Vo Phone: Mailing Address: PO Box 99833 Email margaret@sglaw.com City, State Zip Seattle, WA 98139 Fax: Grantee: Maricopa County, a political subdivision of the State of Arizona Mailing Address: l 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 Fees TBD [J Total Acquisition of Grantor's Property: Full release of all Title Policy Fees TBD monetary liens and encumbrances, and leases of any kind. Title Report Pay in full all due and delinquent real property taxes and Title Report Credit general and special improvement assessments. Prorate the Total Escrow & Title Fees TBD 14 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 Release & Reconveyance the lien of the current year's taxes in full. Release of Lease KX] Partial Acquisition of Grantor's Property: Partial release of all monetary liens and encumbrances, and leases of any kind. At the discretion of Maricopa County, pay due and delinquent Total Recording Fees TBD 14 property taxes and general and special improvement assessments, including full payment of taxes and Other Charges: assessments on individual assessor parcels within Release Fees Maricopa County's partial acquisition, and any Certificate(s) Consent Fees of Purchase, The current year's taxes shall not be prorated S.R.V.W.U.A. regardless of the closing date. Taxes -Prorated ] LJ Easement(s): Consent to easement(s) by secured party(ies). Total Other Charges TBD 14 : []_Other Disbursements: | Sub Total TBD Land* $13,793.00 i Improvements* $2,470.00 10 TCE* $23,734.00 12 Right of Way Contract Yes[] [Nok I Total Purchase Price $39,997.00 Total Escrow & Title Costs TBD 14 Total Compensation (minus any funds paid outside of escrow) $39,997.00 TOTAL WARRANT** TBD *Escrow and title policy fees based on this amount only. **Sum of "Total Closing Costs" and "Total Compensation" only. Project Name: Northern Parkway 99 Ave-87" Ave Project Number: | TT0372 Assessor Parcel No.: 142-55-531 Item No. D24441 Right of Way Agent: Tangella Diaz Telephone # 602-506-4883 Page 1 of 12 The GRANTORS and GRANTEE, having executed a conveyance of certain real property rights as described and depicted in the Exhibits A-J, A-2 and B-1, B-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 GRANTORS’ 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 GRANTORS acknowledge receipt of the amount shown on the closing statement as due GRANTORS. 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 owners’ 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 GRANTORS 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 GRANTORS’ 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: ¢ Real property the amount of Thirteen Thousand Seven Hundred Ninety-Three and No/100 Dollars ($13,793.00) described and depicted in Exhibit A-1 and A-2 e Temporary Construction Easement in the amount of Twenty-Three Thousand Seven Hundred Thirty-Four and No/100 Dollars ($23,734.00) described and depicted in Exhibit B-1 and B-2 e Improvements located on the property in the amount of Two Thousand Four Hundred Seventy and No/100 Dollars ($2,470.00) and broken out as follows in Exhibit “C”. 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 thé property described herein, and at no expense to the GRANTORS except as may be herein otherwise agreed. With respect to the development/redevelopment of the property prior to construction of project TT0372, GRANTORS 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 GRANTORS’ 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. Page 2 of 12 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. GRANTORS: Cold Water, LLC, an Oregon ACCEPTED AND APPROVED: limited liability company . By: TURNIDGE, LLC, an Oregon limited RECOMMENDED FOR APPROVAL: liability company ‘DocuSigned by: - - MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF fustin. Tunidge 29/2024 OF TRANSPORTATION SUPERVISORS BY. Pasi iidge Date DocuSigned by: et [ deni & drigues Right of Way Supervisor Chairman of the Board 2/29/2024 Date Date ATTEST: Approved as to form within the powers and authority of the Board of Clerk of the Board of Supervisors Supervisors DocuSigned by: [ tage Peck 3/1/2024 C0463DODE44C4E5. Deputy County Attorney Date Date Page 3 of 12 EXHIBIT "'C” Parcel No. 142-55-531 Item No. D24441 (TD) Landscaping Gravel $850.00 Concrete Sidewalk (+90 L.F. @ $18/L.F.) $1,620.00 Site Improvement Total = $2,470.00 Page 4 of 12 Wood, Patel & Associates, Inc. May 11, 2023 602.335.8500 WP# 215248.80 www.woodpatel.com Page 1 of 4 See Exhibit A” LEGAL DESCRIPTION Northern Avenue Portion of APN 142-55-531 D24441 Public Right-of-Way A portion of that certain parcel of land described in Document 2007-0549758, Maricopa County Records (MCR), lying within Section 33, Township 3 North, Range 1 East, of the Gila and Salt River Meridian, Maricopa County, Arizona, more particularly described as follows: COMMENCING at the south quarter corner of said Section 33, a 3-inch Maricopa County Department of Transportation (MCDOT) brass cap in handhole, from which the southeast corner of said section, a 3-inch MCDOT brass cap in handhole, bears North.88°40'27" East (basis of bearing), a distance of 2661.77 feet; THENCE along the south line of said section, North 88°40'27" East, a distance of 375.20 feet; THENCE leaving said south line, North 01°19'33" West, a distance of 65.00 feet, to the southwest corner of said certain parcel of land and the POINT OF BEGINNING; THENCE along the west line of said certain parcel of land, North 00°00'54" East, a distance of 12.92 feet; THENCE leaving said west line, North 89°35'15” East, a distance of 18.80 feet; THENCE South 55°20'54" East, a distance of 21.47 feet, to the south line of said certain parcel of land, and a point hereby designated as Point “A” for future reference in this description; THENCE along said south line, South 88°40'27" West, a distance of 36.48 feet, to the POINT OF BEGINNING. TOGETHER WITH COMMENCING at said Point “A”; THENCE along the south line of said certain parcel of land, North 88°40'27" East, a distance of 126.68 feet, to the POINT OF BEGINNING; THENCE leaving said south line, North 46°43'47" East, a distance of 26.86 feet; THENCE North 89°50'10" East, a distance of 2.00 feet, to the east line of said certain parcel of land; THENCE along said east line, South 00°00'54" West, a distance of 17.91 feet, to the southeast corner of said certain parcel; ; Page 5 of 12 Legal Description May 11, 2023 Northern Avenue WP# 215248.80 Portion of APN 142-55-531 Page 2 of 4 D24441 See Exhibit Public Right-of-Way “A-1” THENCE leaving said east line, along the south line of said certain parcel of land, South 88°40'27" West, a distance of 21.55 feet, to the POINT OF BEGINNING. Containing 563 square feet or 0.0129 acres, more or less. Subject to existing right-of-ways and easements. This parcel description was prepared without the benefit of survey fieldwork and is based on client provided information. Any monumentation noted in this parcel description is based on said information. YAWP\Parcel Descriptions\2021\215248.80 Northem Ave APN 142-55-531 D24441 Public Right-of-Way L47 05-11-23.docx GABRIEL S. RIOS EXPIRES 12-31-23 Page 6 of 12 ZL 40 L a6eg INLAND WESTERN GLENDALE LLC DOC 2004-0720219, MCR COLD WATER LLC DOC 2007-0549758, MCR APN 142-55-531 APN 142-55-510 a - o pop “| L6 POB S s7620_ kt NORTHERN AVENUE L4 POINT "A" L7 L2 > | [- 16 INLAND WESTERN GLENDALE LLC DOC 2004-0720219, MCR Lg APN 142-55-510 L8 " Ng8°4027°E 2661.77" (BASIS OF BEARING) SOUTH 1/4 CORNER SECTION 33, T3N, R1E 3" MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION BRASS CAP IN HANDHOLE POC EXPIRES 12-31-23 SOUTHEAST C ORNER a SECTION 33, T3N, R1E 3" MARICOPA COUNTY DEPARTM ENT OF TRANSPORTATION BRASS CAP IN HANDHOLE EXHIBIT "a2" NORTHERN AVENUE PORTION OF APN 142-55-531 PUBLIC RIGHT-OF-WAY 5/11/2023 WP# 215248.80 PAGE 3 OF 4 NOT TO SCALE Z\2021\215248\Survey\Legal\5248-L47.dwg ZL 40g afeg LINE TABLE LINE TABLE LINE BEARING DISTANCE LINE BEARING DISTANCE L1 | NO1°19'33"W 65.00' L6 | N88°40'27"E 126.68" L2 | NO00°00'S4"E 12.92! L7 | N46°43'47"E 26.86' L3 N89°35'15"E 18.80' L8 N89°50'10"E 2.00! L4 $55°20'54"E 21.47' L9 | S00°00'54"W 17.91 L5 | $88°40'27"W 36.48" L10 | S88°40'27"W 21.55' EXHIBIT "a2" NORTHERN AVENUE PORTION OF APN 142-55-531 PUBLIC RIGHT-OF-WAY 5/11/2023 WP# 215248.80 PAGE 4 OF 4 NOT TO SCALE EXPIRES 12-31-23 2\2021\215248\Survey\Legal\5248-L47.dwg Wood, Patel & Associates, Inc. May 11, 2023 602.335.8500 WP# 215248.80 www.woodpatel.com Page 1 of 4 See Exhibit “Bq” LEGAL DESCRIPTION Northern Avenue Portion of APN 142-55-531 D24441 Temporary Construction Easement A portion of that certain parcel of land described in Document 2007-0549758, Maricopa County Records (MCR), lying within Section 33, Township 3 North, Range 1 East, of the Gila and Salt River Meridian, Maricopa County, Arizona, more particularly described as follows: COMMENCING at the south quarter corner of said Section 33, a 3-inch Maricopa County Department of Transportation (MCDOT) brass cap in handhole, from which the southeast corner of said section, a 3-inch MCDOT brass cap in handhole, bears North 88°40'27" East (basis of bearing), a distance of 2661.77 feet; THENCE along the south line of said section, North 88°40'27" East, a distance of 375.50 feet; THENCE leaving said south line, North 01°19'33" West, a distance of 77.91 feet, to the west line of said certain parcel of land and the POINT OF BEGINNING; THENCE along said west line, North 00°00'54" East, a distance of 25.00 feet; THENCE leaving said west line, North 89°35'15" East, a distance of 9.89 feet; THENCE South 01°10'35" East, a distance of 6.49 feet; THENCE North 89°48'27" East, a distance of 172.43 feet; THENCE North 01°10'35" West, a distance of 99.86 feet; THENCE North 88°32'14" East, a distance of 8.58 feet, to the east line of said certain parcel of land and a point of intersection with a non-tangent curve; THENCE along said east line, southerly along said non-tangent curve to the left, having a radius of 392.02 feet, concave easterly, whose radius bears South 81°29'50" East, through a central angle of 08°30'08", a distance of 58.17 feet, to a point of intersection with a non-tangent line; THENCE South 00°00'54" West, a distance of 52.00 feet; THENCE leaving said east line, South 89°50'10" West, a distance of 2.00 feet; THENCE South 46°43'47" West, a distance of 26.86 feet, to the south line of said certain parcel of land; THENCE along said south line, South 88°40'27" West, a distance of 126.68 feet; THENCE leaving said south line, North 55°20'54" West, a distance of 21.47 feet; Page 9 of 12 Legal Description May 11, 2023 Northern Avenue WP# 215248.80 Portion of APN 142-55-531 Page 2 of 4 D24441 See Exhibit Temporary Construction Easement “B-1” THENCE South 89°35'15" West, a distance of 18.80 feet, to the POINT OF BEGINNING. Containing 5,382 square feet or 0.1235 acres, more or less. Subject to existing right-of-ways and easements. This parcel description was prepared without the benefit of survey fieldwork and is based on client provided information. Any monumentation noted in this parcel description is based on said information. Y:\wP'\Parcel Descriptions\2021\215248.80 Northem Ave APN 142-55-531 D24441 Temporary Construction Easement L48 05-11-23.docx EXPIRES 12-31-23 Page 10 of 12 7140 |} 86d, INLAND WESTERN GLENDALE LLC DOC 2004-0720219, MCR L7 COLD WATER LLC APN 142-55-510 _ DOC 2007-0549758, MCR JO APN 142-55-531 & L5 3 L2 7-7 POB L141 | tts aay! L10 fo?) 375.50" SOUTH 1/4 CORNER SECTION 33, T3N, R1E 3" MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION BRASS CAP IN HANDHOLE POC INLAND WESTERN GLENDALE LLC DOC 2004-0720219, MCR APN 142-55-510 EXPIRES 12-31-23 13 NORTHERN AVENUE 4 SOUTHEAST CORNER SECTION 33, T3N, R1E 3" MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION BRASS CAP IN HANDHOLE EXHIBIT "B-2" NORTHERN AVENUE PORTION OF APN 142-55-531 TEMPORARY CONSTRUCTION EASEMENT 5/11/2023 WP# 215248.80 PAGE 3 OF 4 NOT TO SCALE Z12021\215248\Survey\Legal\5248-L48.dwg ZL 307 eBed LINE TABLE LINE TABLE LINE TABLE LINE BEARING DISTANCE LINE BEARING DISTANCE LINE BEARING DISTANCE L1 | N01°19'33"W 77.91! L6 | N01°10'35"W 99.86" Lit | $88°40'27"W 126.68' L2 N00°00'S4"E 25.00" L7 | N88°32'14"E 8.58" L12 | N55°20'54"W 21.47" | L3 N89°35'15"E 9.89" L8 | S00°00'54"W 52.00! L13. | $89°35'15"W 18.80' L4 $01°10'35"E 6.49 L9 | $89°50'10"W 2.00! CURVE TABLE L5 N89°48'27"E 172.43! L10 | S$46°43'47"W 26.86' cuRve | peLTa’| RapIuS | aRC EXPIRES 12-31-23 C1 8°30'08" | 392.02' | 58.17' EXHIBIT 'B-2' NORTHERN AVENUE PORTION OF APN 142-55-531 TEMPORARY CONSTRUCTION EASEMENT 5/11/2023 WP# 215248.80 PAGE 4 OF 4 NOT TO SCALE Z:\2021\215248\Survey\Legal\5248-L48.dwg