Ordinance No. 4996

ORDINANCE NO. 4996

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CHANDLER,
ARIZONA, AUTHORIZING THE SALE OF CITY PROPERTY LOCATED IN
THE WILLIAMS FIELD BUSINESS PARK SUBDIVISION ON ROOSEVELT
AVENUE BETWEEN FRYE ROAD. AND CHANDLER BOULEVARD TO
OSBORNE REAL ESTATE LLC, AN ARIZONA LIMITED LIABILITY
COMPANY, FOR THE AMOUNT OF ONE HUNDRED AND TEN
THOUSAND DOLLARS ($110,000).

WHEREAS, the City of Chandler owns two parcels (the “Parcels”) of land that adjoin Lot 14 in
the Williams Field Road Business Park Subdivision located on Roosevelt Avenue between Frye
Road and Chandler Boulevard; and

WHEREAS, the City has determined that the Parcels are no longer needed for City operations;
and

WHEREAS, Osborne Real Estate LLC, an adjoining property owner, is willing to purchase the
Parcels for $110,000, or approximately 16% above the appraised value.

NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Chandler, Arizona,
as follows:

Section 1. That the City Council of the City of Chandler, Arizona, authorizes and approves
the conveyance of the real property described in Exhibit “A” attached and
incorporated into this Ordinance to Osborne Real Estate LLC for the sum of

$110,000.

Section 2. That the transfer of said real property shall be by deed in a form approved by the
City Attorney.

Section 3. That the City’s Real Estate Manager, or any City real estate officer acting on the

Manager’s behalf, is authorized to execute, deliver, and deposit into escrow the
purchase agreement attached to this Ordinance as Exhibit “B” along with all other
documents and instructions necessary to consummate the sale of said real
property.

Section 4. That the Mayor of the City of Chandler, Arizona, is hereby authorized to execute
the deed and this Ordinance on behalf of the City.

Ordinance No. 4996

Page 2
INTRODUCED AND TENTATIVELY APPROVED by the City Council of the City of
Chandler, Arizona, this day of 2021,
ATTEST:
CITY CLERK MAYOR

PASSED AND ADOPTED by the Mayor and City Council of the City of Chandler, Arizona, this

day of , 2021.
ATTEST:
CITY CLERK MAYOR
CERTIFICATION

I HEREBY CERTIFY that the above and foregoing Ordinance No. 4996 was duly passed and
adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the
day of , 2021 , and that the vote was ayes, and nays.

CITY CLERK

APPROVED AS TO FORM:

CITY ATTORNEY

EXHIBIT “A”

PARCEL NO. 1:

BEGINNING at the Southeast corner of Lot 14 WILLIAMSFIELD ROAD BUSINESS PARK,
according to Book 176 of Maps page 8, records of Maricopa County, Arizona;

Thence South 89 degrees 58 minutes 45 seconds West along the Southerly line of said Lot 14, a
distance of 253.46 feet to the Southwest corner of the said Lot 14; said point also marking the

beginning of a curve concave Westerly, and having a radius of 430.00 feet;

Thence Northeasterly along the Westerly line of the Said Lot 14, and along the arc of the said
curve through a central angle of 3 degrees 36 minutes 00 seconds a distance of 27.02 feet;

Thence North 89 degrees 58 minutes 45 seconds East 32.00 feet;
Thence South 0 degrees 01 minutes 15 seconds East 11.89 feet;

Thence North 89 degrees 58 minutes 45 seconds East being parallel to the said Southerly line of
Lot 14, a distance of 120.26 feet;

Thence North 0 degrees 08 minutes 08 seconds West 85.00 feet;

Thence North 89 degrees 58 minutes 45 seconds East 98.36 feet to a point on the Easterly line of
the said Lot 14;

Thence South 0 degrees 21 minutes 41 seconds East 100.00 feet to the TRUE POINT OF
BEGINNING.
PARCEL NO. 2:

That portion of Lot 14, WILLIAMS FIELD ROAD BUSINESS PARK, according to Book 176
of Maps, Page 8, records of Maricopa County, Arizona, described as follows:

BEGINNING at the Southeast corner of said Lot 14;

Thence North 0 degrees 21 minutes 41 seconds West along the Easterly line of said Lot 14, a
distance of 100 feet to the TROE POINT OF BEGINNING of the legal description;

Thence North 0 degrees 21 minutes 41 seconds West, a distance of 85.00 feet;
Thence South 89 degrees 58 minutes 45 seconds West, a distance of 98.02 feet;

Thence South 0 degrees 08 minutes 08 seconds East, a distance of 85.00 feet;

Thence North 89 degrees 58 minutes 45 seconds East, a distance of 98.36 feet to the TRUE
POINT OF BEGINNING.

Exhibit “B”
Purchase Agreement