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Maricopa County Department of Transportation
Purchase Agreement and Escrow Instructions
Title Company Security Title Agency, Inc. Date July 25, 2023
Address 2415 E. Camelback Rd., Ste. 200 Phone (602) 230-6271
City Phoenix, Arizona 85016 Fax (602) 926-0452
Escrow Officer Jason Bryant Email jbryant@securitytitle.com
Escrow No. 15201044-015-JB6-SW.
Grantor: R.W.LC Investment Company, Inc., an Arizona corporation Phone: (602)263-6555
Contact Saeed Alattar
Mailing Address: 2727 N. Central Ave., Ste. 500 Email Saeedalattar@uhaul.com
City, State Zip Phoenix, Arizona 85004 Fax: N/A
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 Fees TBD L1_ 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 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 |
(]_ 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 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
IX|_Easement(s): Consent to easement(s) by secured party(ies).
Total Other Charges TBD
{_] Other Disbursements: |
Sub Total TBD
Slope Easement* $1,162.00 11
Administrative Settlement $38.00 Possession date:
Close of escrow:
Date of recording:
Special Conditions Right of Way Contract Yes XJ | No[]
Total Purchase Price $1,200.00 Exhibit "B" -
Total Escrow & Title Costs TBD 14 Entry Agreement Yes] | No
Total Compensation (minus any
funds paid outside of escrow) TBD Addendum attached hereto and made a YesL] | NoX
TOTAL WARRANT** TBD part hereof:
*Escrow and title policy fees based on this amount only.
**Sum of "Total Closing Costs" and "Total Compensation" only.
*** P.O.C Paid outside of closing
Project: Tonto Hills Low Volume Roads PCN: | TT0609
Assessor Parcel No.: 219-12-047 Item No | D24284
Right of Way Agent: Jordan Ortiz Telephone # | (602) 675-4191
,
Page 1 of 5
The GRANTORS, having executed a conveyance of certain real property rights to the GRANTEE as described in the Exhibit(s) 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-off’, 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 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.
GRANTOR: RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
R.W.LC Investment Company, Inc., an
Arizona corporation
Denusgted MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF
Douglas te. Bul
OF TRANSPORTATION SUPERVISORS
Douglas M. Bell, President
sueerorOFCsA..
Date:
Right of Way Supervisor Chairman of the Board
10/12/2023 10/12/2023
ATTEST:
Date:
Approved as to form within the
Powers and authority of the Board of Clerk of the Board of Supervisors
Supervisors
Day uc 10/12/2023
Deputy County Attorney Date Date
Page 2 of 5
_ EXBUBIT "A"
RIGHT OF WAY AGREEMENT
Assessor’s Parcel No.: 219-12-047
Project No.: TT0609
Project Name: ~ Tonto Hills Low Volume Roads
Item No.: D24274 (JO)
WHEREAS in consideration hereinafter set forth, it is agreed that this instrument contains the entire
agreement between the Graritor and Maricopa County. No further consideration is being paid than
- described in this: agreement.
THE COUNTY OF MARICOPA AGREES:
A.
B.
C.
D
To use the real property described herein for the general welfare and benefit of the public.
To pay the Grantors the sum of One Thousand One Hundred Sixty-Two and No/100 Dollars
($1,162.00) as payment in full for the Slope Easement described herein.
To pay the Grantors the sum of Thirty-Eight and No/100 Dollars ($38.00) as payment in full for the
administrative settlement
. That, if in the opinion of the Transportation Director it becomes necessary, private structures will be
relocated in kind to the Grantors’ property, clear of the property described herein, 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 TT0609,
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.
THE GRANTORS AGREE:
1.
2.
3.
we
To grant a Slope Easement for the real property described in Exhibit "B-1" and depicted in Exhibit “B-
2” to the County of Maricopa for the general welfare and benefit of the public.
To accept the sum of One Thousand One Hundred Sixty-Two and No/100 Dollars ($1,162.00) as
payment in full for the Slope Easement described herein.
To accept the sum of Thirty-Eight and No/100 Dollars ($38.00) as payment in full for the
administrative settlement.
That the County, or its agents; is hereby granted the right to enter upon the remaining property of the
Grantors for the purpose of accomplishing “D” above.
Page 3 of 5
EXHIBIT "B-1"
Parcel No. 219-12-047
Project No. TT0609
TONTO HILLS LVR
Item No. D24284-SE
Legal Description For Slope Easement
That portion of thé Northeast quarter of Section 15, Township 6 North, Range 5 East of the Gila and
Salt River Meridian, Maricopa County, Arizona, described as follows:
BEGINNING at the Northwest corner of Lot 47 of Tonto Hills, Book 93, page 5 M.C.R.
thence South 67 degrees 36 minutes 43 seconds East, 13.05 feet along the North line of said Lot 47;
thence South 53 degrees 02 minutes 00 seconds West, 60.16 feet;
thence North 36 degrees 58 minutes 00 seconds West, 13.93 feet to the beginning of a non-tangent
curve, concave Southeast, from which the radius point bears South 36 degrees 58 minutes 00 seconds
East a distance of 529.63 feet, said point lies ori the West line of said Lot 47;
thence Northeasterly 53.60 feet along said West line, along the arc of said curve to the right through a
central angle of 5 degrees 47 minutes 54 seconds to the POINT OF BEGINNING.
The above described parcel contains 735 square feet or 0.0169 acres, more or less, and is depicted on
the attached Exhibit “B”.
Professional Land
Surveyor AZ No. 19817
MARICOPA COUNTY DEPARTMENT OF TRANSPORTATION
Agent: J. Crume Project No. TT0609 Chk: J. Crume Electronic Seal
Tech: B. Crume https://btr.az.gov/
Prepared by: Cooper Aerial Surveys Company
Page 4 of 5
EXHIBIT "B-2"
APyy.
D24284—-SE "219
Not to Scale
LOT 47 OF TONTO HILLS
BOOK 93 PAGE 05 M.C.R.
R WIC INVESTMENT CO INC
APN: 219-12-047
APN:219-12—049
LINE TABLE
LINE BEARING LENGTH
CURVE TABLE Lt | S67°36'43"E | 13.05"
CURVE | LENGTH | RADIUS | DELTA | TANGENT | CHORD } CHORD BRG L2 | S$53°02’00"W | 60.16’
C1 53.60" | 529.63’ | 5°47’54” 26.82’ | 53.57’ | N55°55'57"E L3_ | N36°58’00"W | 13.93’
Professional Land
Surveyor AZ No.
D24284-SE Area: 735 square feet or 0.0169 acres 19817
MARICOPA COUNTY
TONTO HILLS LVR
Prepared by: . .
PROJECT No. TTO609 Agent: J. Crume COOPER AERIAL SURVEYS COMPANY Electronic Seal
ITEM No. D24284-SE | Tech: B. Crume Checked: J. Crume | Date: 07/13/2024 https: //btr.az.gov/
Page 5 of 5