Exhibit B - Purchase Agreement

PURCHASE AGREEMENT

SELLER: City of Chandler, an Arizona municipal corporation
BUYER: Osborne Real Estate LLC, an Arizona limited liability company
Escrow Agent: Fidelity National Title Agency, Inc.
Iiserow No.: Date:
1. Agreement and Escrow, This Purchase Agreement, together with Escrow Agent’s

printed form Escrow Instructions (collectively, the “Agreement”), constitutes a binding
agreement by Seller to sell and Buyer to buy the Property (defined below) upon the terms and
conditions stated herein, and shall define the terms of the escrow created with Escrow Agent.
Escrow Agent shall also serve as title insurer. If there is any conflict or inconsistency between
the printed form Escrow Instructions and this Purchase Agreement, the latter shall prevail.

2. Subject Property, The “Property” to be purchased and sold in accordance with
this Agreement is the following:

2.1. Real Property. That certain real property located on Roosevelt Avenue in
Chandler, Maricopa County, Arizona, as more particularly described in Exhibit "A" attached (the
“Real Property”), together with all rights, privileges, casements and appurtenances thereto,
whether recorded or not recorded, including without limitation, all of Seller’s right, title and
interest in and to any development rights, air rights, rights in adjoining streets and alleyways, and
water and water rights used in connection with the real property, and afl minerals, oil, gas, and
other hydrocarbon substances thereon or thereunder (except as otherwise reserved of record),
except as may be expressly reserved in this Agreement.

3. Purchase Price, The “Purchase Price” for the Property shall be ONE HUNDRED
AND TEN THOUSAND DOLLARS ($110,000.00), payable as follows: FIVE THOUSAND
($5,000.00) Initial Deposit in the form of cash or other good funds or cashier’s or certified check
to be deposited with Escrow Agent upon opening of Escrow as provided in Section 4.2 below
with the balance of the Purchase Price to be paid on or before Close of Escrow (defined below)
by Buyer depositing with Escrow Agent said amount, plus Buyer’s share of the closing costs, in
cash, or by cashier’s check, certified check, wire transfer or other immediately available funds
(the “Cash Due at Closing”). If the Cash Due at Closing is to be paid by wire transfer, Buyer
shall notify Escrow Agent at least two (2) days prior to Closing and Seller shall designate to
Escrow Agent the account or accounts to receive the funds, The Property shall be conveyed free
and clear at the Close of Escrow upon the payment of the Cash Due at Closing.

4, Escrow. The sale contemplated by this Agreement shall be consummated through
Escrow as follows:

4.1. Opening and Closing Dates. Escrow shall open on the business day on
which Escrow Agent receives one (1) fully executed copy of this Agreement and the Initial
Deposit as provided in Section 4.2 below. Upon receipt, Escrow Agent shal! give written notice

to the persons listed in Seclion 17 below of the date that escrow has opened and such notice shall
constitute evidence of Escrow Agent’s acceptance of the Agreement. Subject to Section 5
below, “Close of Escrow” or “Closing” shall occur on or before 5:00 p.m., Arizona time, on or
before ten (10) days afler all title requirements and Buyer’s contingencies under Section 5 below
have been met, or upon such other date as Buyer and Seller hereafter agree upon in writing. If
Closing otherwise falls on a Saturday, Sunday or legal holiday, Closing shall occur upon the next
following business day.

4.2, Earnest Money Deposit. As security for Buyer’s obligations under this
Agreement, Buyer shall deposit with Escrow Agent on or before the Opening of Escrow an
earnest money deposit of Five Thousand Dollars ($5,000.00) (“Initial Deposit’). Unless this
Agreement is canceled by Buyer prior to the end of the Review Period under Scction 5.3 of this
Agreement, the Initial Deposit will be nonrefundable subject only to the terms of Section 15.2 of
this Agreement, and at the election of Seller, released from Escrow and paid directly to Seller.

4.3. Closing Place. The Closing shall take place in the offices of Escrow
Agent at such address as the Escrow Agent shall provide.

4.4, Documents to be Delivered for the Closing. As a condition precedent to
Buyer’s obligation to close uncer this Agreement, Seller shall deposit or have deposited into
Escrow the following documents, instruments and other items at least one (1) business day prior
to the Close of Escrow (or sooner, if required elsewhere in this Agreement):

(a) A Special Warranty Deed, in the form and substance of the
attached Exhibit “B”, conveying the Real Property and the Improvements to Buyer subject to all
matters of record that have been approved in writing by Buyer;

(b) A Non-Foreign Certificate in substantially the form and substance
of the attached Exhibit “C”;

(c) IRS Form W-9;

(d) Any document required by the Arizona Department of Water
Resources and/or otherwise necessary for (i) the transfer by Seller to Buyer of all of Seller’s
right, title and interest in and to any and all ground and/or surface water rights appurtenant to or
owned or used in connection with the Property; (ii) the transfer or assignment of any claims in
any water rights proceedings or adjudications, and (ii) the notation of such transfer on any
ownership records maintained by the Arizona Department of Water Resources or other
applicable public records;

(c) Release documents in form and substance reasonably satisfactory
to Buyer, executed by all appropriate parties, releasing any monetary Jiens, leases, and/or
encumbrances against the Property that Seiler is required by the terms of this Agreement to have
released;

@ An affidavit or estoppel certificate from Seller in form acceptable
to Buyer indicating that there ave no leases affecting the Property,

(g) All other documents or instruments necessary to satisfy
requirements for the title insurance to be provided to Buyer in connection with this purchase
transaction; and

(th) =A “closing” or “pre-audit settlement” statement prepared by
Escrow Agent, in form and substance satisfactory to Buyer.

All such documents and instruments shall be duly executed and, where appropriate,
acknowledged.

4.5. Closing Items. At Close of Escrow, the transaction provided for herein
shall be consummated by Escrow Agent (a) delivering to Buyer or recording, as appropriate, the
documents and instruments referred to in paragraph 4.4 above and (b) disbursing funds to Seller
in accordance with the terms of this Agreement.

4.6. Title Policy. At Close of Escrow, Escrow Agent shall issue or cause to
be issued in favor of Buyer an ALTA standard coverage owner's policy of title insurance
insuring title to the Property in an amount equal to the Purchase Price, subject only to (a) the
usual exceptions, conditions and stipulations contained in the printed form of such a standard
coverage policy, and (b) those title defects or exceptions which are listed in the Title Report
(defined below), and which are deemed waived or approved by Buyer in accordance with
paragraph 5.1 below (the “Title Policy").

5. Buyer's Contingencies. Buyer's obligation to close under this Agreement is
subject to satisfaction of the foliowing conditions precedent (any or all of which may be waived
by Buyer, in its sole discretion, but only in writing signed by Buyer's duly authorized agent):

5.1. Status of Title, As soon as reasonably possible afler the Opening of
Escrow, Escrow Agent shall provide Buyer and Seller with a preliminary report of the title to the
Property, disclosing all matters of record which relate to the title to the Property, and Escrow
Agent's requirements for both closing the Escrow created by this Agreement and issuing the Title
Policy. At such time as Buyer receives the preliminary title report (and any amended report
adding additional title exceptions) (the "Title Report"), Escrow Agent shall also cause legible
copies of all instruments referred to in the Title Report to be furnished to Buyer. Buyer
shall have ten (10) days after receipt of the Title Report and the furnishing of all instruments
described in the Title Report to make objection in writing to Seller and Escrow Agent as to any
matter shown thercon. If Buyer fails to object within this period, the condition of title to the
Property shall be deemed approved. If Buyer does object to any matter disclosed in the Title
Report, Seller may elect to remove such objection before Close of Escrow. If Seller does not
elect to remove such objection, or if any such matter cannot be removed after Seller's attempts to
do so, Seller shall so notify Buyer and Escrow Agent, in writing, within twenty (10) days after
reecipt of a written objection from Buyer, and Buyer shall elect in writing to Seller and Escrow
Agent within twenty (5) days after receipt of Seller's notice either: (i) to cancel the Escrow and
this Agreement without any penalty, charge or cost to Buyer or Seller; or (ii) to close Escrow,
waiving such objections-and taking title subject to such matters. Failure to give notice to Seller
of Buyer's election shall constitute an election to waive the objection.

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5.2. Additional Encumbrances. Except for matters which are to be released at
or as part of the Close of Iscrow, Seller shall not voluntarily and affirmatively place, or cause to
be placed, any liens or encumbrances on the title to the Property from the date of this Agreement
through Close of Escrow or thereafter, If Seller voluntarily and affirmatively places, or causes to
be placed, a lien or encumbrance on the Property, contrary to the provisions of this Agreement,
which can be removed by the payment of money, Escrow Agent is hereby expressly authorized,
directed, and instructed to pay such moneys otherwise payable to Seller at Close of Escrow, and
the net proceeds otherwise available to Seller at Close of Escrow shall be reduced accordingly.
To the extent that moneys available to Seller at Close of Escrow are insufficient to cause any
such lien or encumbrance to be removed, Seller shall, on or before the date set for Close of
Escrow, cause additional money to be deposited with Escrow Agent to enable Escrow Agent to
remove the lien or encumbrance.

5.3. Investigation; Review Period. Buyer shall have until 5:00 p.m., Arizona
time, ten (10) days after Escrow opens (the "Review Period"), in which to examine the Property.
During such time, Buyer may review, investigate, survey, conduct environmental testing, and
examine the Property at any time with any persons who it shall designate, including engineers,
environmental testing and soil testing personnel. Seller shall permit access to the Property by
Buyer and the persons so designated by it, and shall afford them the opportunity to investigate,
inspect and perform any tests upon the Property that Buyer deems necessary or appropriate to
determine whether the Property is suitable for Buyer's purposes, provided that Buyer shall not
unreasonably interfere with Seller's use of the Property. In the event that Buyer, after conducting
such inspections, investigations, and tests, discovers that the Property is contaminated with
hazardous or toxic substance or waste and either (a) the cost of remediating the same will exceed
the net proceeds to Seller in connection with the escrow, or (b) Seller refuses to agree to use so
much of the net proceeds as necessary to remediate the Property from contamination with the
hazardous or toxic substances or waste, Buyer may clect at any lime prior to the end of the
Review Period to cancel this Agreement by written notice to Seller and Escrow Agent, who
shall, without further instruction from either party or any other person, promptly return any
documents deposited hereunder to the appropriate party, and this Agreement shall thereafter have
no further force or effect. If Buyer does not elect to cancel under this paragraph within the
Review Period, then Close of Escrow shall occur on the closing date specified in this Agreement,
provided that all other contingencies set forth in this Section 5, including, without limitation,
status of title requirements, are met.

5.3.1. Indemnification. In conducting or having conducted any review,
inspection, examination, investigation or test upon the Property, Buyer shall indemnify and hold
Seller harmless against liability, loss, cost, damage or expense which may arise out of any
personal injury or property damage resulting from such entry upon the Property, except to the
extent that such personal injury or property damage is caused by or contributed to by the conduct
of Seller or Seller’s agents, servants, employees or independent contractors. This
indemnification obligation shall constitute a covenant of Buyer that survives the Close of
Escrow.

6. Appraisal. Intentionally Deleted.

7, Seller’s Properly Disclosure Form and Lead Based Paint Disclosure Form.
Intentionally Deleted.

8. Seller’s Representations and Warranties, Seller does represent, covenant and
warrant to Buyer as follows:

8.1. Seller shall not encumber the Property or any part thereof or interest therein,
or assign, convey, lease or transfer any part thereof or interest therein. To the best of Seller’s
knowledge, there is no existing default under any encumbrance on the Property (or any event
which, with the passage of time, giving of notice or both, would constitute a default), and Seller
shall keep all such encumbrances current until the close of escrow.

8.2. To the best of Seller’s knowledge, except as may be reflected in the Title
Report, there are no claims, actions, suits, or other proceedings pending or threatened by any
governmental department or agency or any corporation, partnership, entity, or person
whomsoever, nor any voluntary actions or proceedings contemplated by Seller, which in any
manner or to any extent may detrimentally affect Buyer's right, title, or interest in and to the
Property or the value of the Property or Seller's ability to perform Seller's obligations under this
Agreement.

8.3. No work has been performed or is in progress at the Property and no
materials have been furnished to the Property for which payment will not be made in a timely
manner.

8.4. Subject to the approval of the Chandler City Council by the enactment of
an Ordinance authorizing this sale, Seller has full power, authority and legal capacity to execute,
deliver, and perform this Agreement and all related documents or instruments. Except as
otherwise expressly provided herein, no consent, approval or authorization of any other person or
entity is required in connection with Seller’s execution or performance of this Agreement.

8.5. Neither the execution of this Agreement nor the consummation of the
transactions contemplated hereby will constitute a default or an event which, with notice or the
passage of time or both, would constitute a default under, or violation or breach of, any
agreement to which Seller is a party or by which Seller may be bound.

9. Buyer’s Representations and Warranties. Buyer does represent, warrant and
covenant to Seller as follows:

9.1. Buyer has full power, authority and legal capacity to execute, deliver, and
perform this Agreement and all related documents or instruments, Except as otherwise expressly
provided herein, no consent, approval or authorization of any other person or entity is required in
connection with Buyer’s execution or performance of this Agreement.

9.2. Neither the execution of this Agreement nor the consummation of the
transactions contemplated hereby will constitute a default or an event which, with notice or the
passage of time or both, would constitute a default under, or violation or breach of, any
agreement fo which Buyer is a party or by which Buyer may be bound.

10. Costs and Prorations; Distribution of Net Proceeds.

10.1. Seller shail pay the cost ofa standard coverage ALTA owner’s policy, All
escrow fees shall be split equally between Buyer and Seller. Any other costs or expenses shall
be paid by the parly to whom they are specifically allocated hereunder.

10.2, All real property taxes, rents and assessments shall be prorated through
Escrow as of the Close of Escrow, based upon the most current available information.

10.3. Upon Close of Escrow and payment of all costs, expenses, fees, taxes,
rents, assessments, real estate commissions and other applicable charges of Seller, the net
proceeds to Seller shall be distributed to Seller.

ll. No Sales Commissions. Each party represents and warrants to the other that no
real estate sales or brokerage commissions or like commissions are or will be due from the other
party in connection with this transaction. Further, each party agrees to indemnify and hold
harmless the other party for, from and against any and all liability, loss, cost, damage or expense,
including but not limited to comt costs and reasonable attorneys’ fees, resulting from any
assertion of a right to a brokerage commission as a consequence of any act or omission of such
indemnifying party.

12. Title Insurance Option. Buyer, at its option and cost, may obtain extended
coverage title insurance.

13. Non-Foreign Status. If Seller fails to deliver the Non-Foreign Certificate
described herein, or in the event Buyer has a reasonable basis for believing that the information
contained in any such Non-Foreign Certificate delivered by Seller is false or inaccurate, Buyer
shall be entitled to withhold, or to direct Escrow Agent to withhold upon the Close of Escrow,
from the sums to be delivered to Seller under Section 3, an amount equal to ten percent (10%) of
the Purchase Price, which sum may be paid to the Internal Revenue Service or United States
Treasury if Buyer, in Buyer’s sole discretion, deems it necessary to make such a delivery of such
funds. Notwithstanding the foregoing, any sums withheld upon the Close of Escrow under this
Section shall be considered, for all purposes, as having been paid and applied against the
Purchase Price hereunder.

14. — Risk of Loss. Until the Close of Escrow, Seller shall bear all risk of loss with
regard to the Property.

15. Remedies,

15.1. In the event of default by Buyer, Seller may: (i) cancel this Agreement
fifteen (15) days after Seller gives written notice to Buyer and Escrow Agent that Buyer is in

default, if within such period such default has not been cured by Buyer; or (ii) proceed with
whatever steps Seller may deem necessary in order to enforce the rights and remedies available
to Seller under this Agreement, at law or in equity, including, without limitation, the right of
specific performance of this Agreement or recover its damages from Buyer.

15.2. In the event of default by Seller, Buyer may: (i) cancel this Agreement
fifteen (15) days after Buyer gives written notice to Seller and Escrow Agent that Seller is in
default, if within such period such default has not been cured by Seller; or (ii) proceed with
whatever steps Buyer may deem necessary in order to enforce the rights and remedies available
to Buyer under this Agreement, at law or in equity, including, without limitation, the right of
specific performance of this Agreement or recover its damages from Seller.

16. Notices, All notices, consents, approvals and waivers required or permitted
hereunder shall be given in writing and shall be effective upon personal delivery or direct
facsimile transmission, or three (3) business days after deposit in the U.S. Mail, registered or
certified, return receipt requested, postage prepaid, or one (1) business day after being deposited
with any commercial air courier or express service. All such notices shall be addressed as
follows or to such other address or addresses as the parties or Escrow Agent may from time to
time specify in writing delivered as provided in this paragraph:

If to Escrow Agent: Fidelity National Title Agency, Inc.
2720 E. Camelback Road, Suite 120
Phoenix, AZ 85016
Attn.: Christine Hughes, Office Manager
Phone: (480) 214-4550
Email: christine. hughes@fnf.com

If to Seller: City of Chandler, Real Estate Division
P.O. Box 4008, Mail Stop 407
Chandler, Arizona 85244-4008
Attn.: Erich Kuntze, Real Estate Manager
Phone: (480) 782-3397
Fax No.: (480) 782-3365
erich kuntze@chandleraz. gov

With A Copy To: City of Chandler
City Attorney’s Office
P.O, Box 4008 MS 602
Chandler, AZ 85244-4008
Phone: (480)782-4640
Fax No: (480) 782-4351
jenny. winkler@chanderaz.gov

Tfto Buyer: Osborne Real Estate LLC
3714 E. Aspen CT
Gilbert, Az 85234-3123
Atin: William Osborne, Manager
Phone: (602) 527-0777
Email: accounting@osbomestucco,com

17. Further Assurances. Promptly upon the request of the other or upon the request
of Escrow Agent, each party shall do such further acts and shall execute, have acknowledged and
deliver to the other party or to Escrow Agent, as appropriate, any and ail further documents or
instruments reasonably requested in order to carry out the intent and purpose of this Agreement.

18. Other Important Provisions.

18.1, Modification and Waiver. Except as expressly provided herein to the
contrary, no supplement, modification or amendment of any term of this Agreement shall be
deemed binding or effective unless in writing and signed by the partics hereto. No waiver of any
of the provisions of this Agreement shall constitute or be deemed a waiver of any other
provision, nor shall any waiver be a continuing waiver. Except as otherwise expressly provided
herein, no waiver shall be binding unless executed in writing by the party making the waiver.

18.2. Exhibits. The Exhibits referred to herein and attached hereto (the
“Exhibits”) are incorporated herein by reference.

18,3. Litigation Expenses and Attorneys’ Fees. In the event of litigation
involving this Agreement, the prevailing party in any such action or proceeding shall be entitled
to recover its costs and expenses incurred in such action from the other party, including without
limitation the cost of reasonable attorneys’ fees as determined by the judge of the court.

18.4. Severability. Whenever possible, each provision of this Agreement shall
be interpreted in such a manner as to be valid under applicable law, but if any provision of this
Agreement shall be deemed invalid or prohibited thereunder, such provision shail be deemed
severed from this Agreement, and this Agreement shall otherwise remain in full force and effect.

18.5. Entire Agreement. This Agreement, including the Exhibits attached
hereto, constitutes the entire agreement among the parties. All terms and conditions contained in
any other writings previously executed by the parties and all prior and contemporaneous
arrangements and understandings between the parties are superseded hereby. No agreements,
statements or promises about the subject matter hercof shall be binding or valid unless they are
contained herein.

18.6. Successors and Assigns, This Agreement shal] be binding upon, inure to
the benefit of, and be enforceable by and against the parties to this Agreement and their
respective heirs, exccutors, administrators, personal representatives, successors and assigns.

18.7. Counterparts. This Agreement may be executed by the signing in
counterparts. The execution of this instrument by each of the parties signing a counterpart hereof
shall constitute a valid execution, and this instrument and all of its counterparts so executed shall
be deemed for all purposes to be a single instrument.

18.8. Applicable Law. This Agreement shall be governed by, and construed and
enforced in accordance with, the laws of the State of Arizona. ‘This Agreement is subject to
cancellation for conflict of interest under A.R.S. § 38-511.

18.9, Headings and Construction. The descriptive headings of the paragraphs of
this Agreement are inserted only for convenience and shall not define, limit, extend, control or
affect the meaning or construction of any provision herein. Where the context requires herein,
the singular shall be construed as the plural, and neuter pronouns shall be construed as masculine
and feminine pronouns, and vice versa. This Agreement shall be construed according to its fair
meaning and any rule of construction to the effect that ambiguitics are to be resolved against the
drafting party shall not apply in the interpretation of this Agreement,

18.10. Survival. Except as expressly set forth herein, all representations,
warranties and covenants set forth herein shall survive the Close of the Escrow.

18.11. ‘Time of Essence. Time is of the essence of this Agreement, and Buyer

and Seller hereby agree to perform each and every obligation hereunder in a prompt and timely
manner.

18.12 Possession. Upon the Close of Escrow, possession of the Property will be
transferred to Buyer.

BUYER: OSBORNE REAL ESTATE LLC, an SELLER: CITY OF CHANDLER, an

Arizona limited liability company Arizona municipal corporation
» be OL, By:
* Willian i borng, Manager Erich Kuntze, Real Estate Manager

Approved as to form:

Jenny J. Winkler

Assistant City Attorney

ACCEPTED this day of , 2021.

FIDELITY NATIONAL TITLE AGENCY, INC.

By:

Christine Hughes, Branch Manager/Vice President
2720 FE. Camelback Road, Suite 100
Phoenix, AZ 85016

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EXHIBIT “A”
PARCEL NO. I:

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

Thence South 89 degrees 58 mimes 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 are of the said
curve through a central angle of 3 degrees 36 minutes 00 seconds a distance of 27.02 feel;

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 TRUE 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”

WHEN RECORDED, RETURN TO:

City Clerk’s Office
P.O. Box 4008, Mail Stop 606
Chandler, Atizona 85244-4008

APN: 301-86-116 & 024C
Sec 33, TI South, R4 East
SAS/RE

This document is exempt from Affidavit and Fee requirements pursuant to A.R.S. §11 -
1134(A)GB)

SPECIAL WARRANTY DEED

For the consideration of TEN AND NO/100 DOLLARS, ($10.00), and other valuable
consideration, the receipt and sufficiency of which is hereby acknowledged,

City of Chandler, an Arizona municipal corporation

(Grantor), does hereby grant and convey unto the Osborne Real Estate LLC, au Arizona
limited liability company (“Grantee”), that certain real property (“the Property”) situated in
Maricopa County, Arizona, more particularly described in Exhibit “A” (Legal Description)
attached hereto and made a part hereof.

To have and to hold the Property, together with all improvements thereon and all rights,
privileges, easements, tenements, hereditaments and appurtenances pertaining thereto, forever,
free and clear of all liens, claims and encumbrances, SUBJECT ONLY TO taxes and
assessments not yet due and easements of record.

Grantor hereby binds itself and its successors and assigns to warrant and defend the title to the
Properly as against all acts of Grantor herein and no other, subject to the matters set forth above.

DATED this day of 3202

GRANTOR: City of Chandler, an Arizona
municipal corporation

By

Mayor Kevin Hartke

STATE OF ARIZONA )

) ss.
County of Maticopa )
Acknowledged before me, the undersigned Notary Public, on this _ day of

,» 202_, by Kevin Hartke, Mayor of the City of Chandler.

Notary Publie
My Commission Expires:

APPROVED AS TO FORM:

Assistant City Attorney

ARS, § 41-313(C) DISCLOSURES

Description of document this notarial certificate is being attached to:

Type/Title Special Warranty Deed

Date of Document

Number of Pages Qwhich includes Exhibit “A”)

Add'l Signers (other | None
than those named in
the notarial
certificate.)

Ixhibit “A”
(Legal Description)

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 are 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 Mavicopa 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 fect to the TRUE 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 ¢C”

NON-FOREIGN CERTIFICATE

Section 1445 of the Internal Revenue Code provides that a transferee of'a U.S. real properly
interest must withhold tax if the (ransferor is a foreign person. To inform the transferee that
withholding tax is not required upon the disposition of a U.S. real property interest by City of
Chandler, an Arizona municipal corporation ("Seller"), the undersigned hereby certifies the
following to the City of Chandler, an Arizona municipal corporation.

1 Seller is not a foreign corporation, foreign partnership, foreign trust, or foreign
estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations);

2. Seller’s' U.S. Employer Identification Number is and

3. Seller's office address is

Seller understands that this certificate may be disclosed to the Internal Revenuc Service by
the transferee, and that any false statement contained herein could be punished by fine,
imprisonment, or both.

Under penalties of perjury, I declare that I have examined this certification and to the bet
of my knowledge and belief, it is true, correct, and complete, and I further declare that I have
authority to sign this document on behalf of Seller.

Dated this day of »202__.
City of Chandler, an Arizona municipal
corporation
By
Its
STATE OF ARIZONA )
) ss.
County of Maricopa )
The foregoing instrument was acknowledged before me this day of ,
2021, by , who acknowledged that they are the of

the City of Chandler. an Arizona municipal corporation and acknowledged that being authorized
to do so, executed the foregoing document for the purposes therein contained.

Notary Public

My commission expires: