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Maricopa County Department of Transportation Dedication Purchase Agreement and Escrow Instructions Title Company Grand Canyon Title Agency Date 12/06/2023 Address 3900 East Camelback Road, Suite 150 Phone 602-343-3424 City, State, Zip Phoenix, AZ 85018 Fax 602-474-5626 Escrow Officer Rebecca Damian Email rdamian(a),gcta.com Escrow No. GC45000133 Grantor: CRPIPDC Power Road Owner, L.L.C., a Delaware limited liability company Phone: ( 480) 991-3985 Contact: Jenna Depue Cell: Mailing Address: 10446 N. 74th Street, Suite 140 Email: ideoue(lilhunterengineeringoc.com City; State, Zip Scottsdale, AZ 85258 Fax: olitical subdivision of the State of Arizona MARICOPA COUNTY shall pay directly to the Grantor(s), or deposit with the Title Company if escrowed, the purchase price plus all lawful costs incidental to closing as follows: (Not applicable for Dedication transactions) Escrow Fees Title Policy Fees -- Total Escrow & Title Fees 0.00 Recording Fees: Deed Easement Mortgage Release Release of Lease Total Recording Fees 0.00 Other Charges: Release Fees S.R.V.W.U.A. Taxes - Prorated -- Total Other Charges 0.00 Sub Total 0.00 Land* $0.00 Total Closing Costs*** 0.00 Total Purchase Price $0.00 TOTAL WARRANT** $0.00 *Escrow and title policy fees based on this amount only. **Sum of "Total Purchase Price" only. *** All Closing Costs to be paid by Seller. Proiect: Power Road and Elliot Assessor Parcel No.: 304-05-01 ?H Right of Way Agent: Luis Alonzo Sub- Charges and Disbursements to be paid from Grantor's funds as Object follows (check all that apply): Code □ Total Acquisition of Grantor's Property: Full release of all monetarv 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 current year's real property taxes on closings that occur on or After the 3rd Monday of August each year. Escrow Agent shall withhold the prorated amounts from each oartv and pay the lien of the current year's taxes in full. Partial Acquisition of Grantor's Property: Partial release of all monetarv liens and encumbrances, and leases of any kind. At the discretion of Maricopa County, pay due and delinquent property taxes and general and special improvement assessments, including full payment of taxes and assessments on individual assessor parcels within the Maricopa County's partial acquisition, and any Certificate(s) of Purchase. The current year's taxes shall not be prorated regardless of the closing date. □ Easement(s): Consent to easement(s) by secured party(ies). □ Other Disbursements: I Right of Way Agreement Yes No□ Entry Agreement YesD No Addendum attached hereto and made a Yes□ No part hereof PCN: TT0008 Item No D24981 Telephone# (602)506-4893 Page 1 of 8 ) /DD10922 RIGHT OF WAY AGREEMENT Assessor Parcel No.: 304-05-0l 7H . Project No.: TT0008 Project Name: Power Road and Elliot Item No.: DD#10922 / D24981 (LA) WHEREAS in consideration hereinafter set- forth, it is agreed, that this instrument contains the entire agreement-between the Grantors and the Grantee. No further consideration is being paidthan described in this contract. THE GRANTORS AGREE: A. 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. B. 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. C. 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. THE GRANTEE AGREES: 1. To use the real property described in Exhibit "A" for the general welfare and benefit of the public. 2. That, if in the opinion of the Transportation Director it become.s 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. 3. With respect to the development/redevelopment of the property prior to any roadway construction, Granto rs will be · responsible only tor the costs of improvements required by the County or a municipality as part of a regulatory approval related to development/redevelopment of the property. Page 4 of8.