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RESOLUTION NO. 12465 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MESA, ARIZONA, APPROVING AND AUTHORIZING THE SALE OF THE REAL PROPERTY LOCATED AT 159 NORTH PHYLLIS AND AUTHORIZING THE CITY MANAGER TO ENTER INTO A PURCHASE AND SALE AGREEMENT FOR THE SALE OF THE PROPERTY. Whereas, pursuant to the power to sell real property of the City set forth in Section 101 of the Mesa City Charter, the City Council has determined it is appropriate for the City to sell the real property located at 159 North Phyllis in Mesa, AZ (APN 135-45-050) as legally described in the attached Exhibit A (the “Property”) to Bastion Investments, LLC, for the appraised value of $165,000.00. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MESA: Section 1: The City Council approves the sale of the Property to Bastion Investments, LLC for the sales price of $165,000.00. Section 2: The City Manager, or his designee, is hereby authorized and directed on behalf of the City of Mesa to execute the necessary documents to sell the Property described in the attached Exhibit A, including a purchase and sale agreement, and to execute any amendments or modifications to such documents related to the sale of the Property. Passed and adopted by the City Council of the City of Mesa this 26th day of January, 2026. APPROVED: _______________________ Mark Freeman, Mayor ATTEST: Holly Moseley, City Clerk EXHIBIT A LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE NORTHEAST QUARTER OF SECTION 19, TOWNSHIP 1 NORTH, RANGE 5 EAST OF THE GILA AND SALT RIVER BASE AND MERIDIAN IN THE COUNTY OF MARICOPA, STATE OF ARIZONA AND IS DESCRIBED AS FOLLOWS: Lot Forty-seven (47) LA MESITA SUBDIVISION, according to the plat of record in the office of the County Recorder of Maricopa County, Arizona, in book 32 of Maps, page 44.