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Maricopa County
Purchase Agreement and Escrow Instructions
Title Company Security Title Agency Date August 16, 2023
Address 4722 N. 24¢ Street, Ste 200 Phone 602-230-6271
City Phoenix, Arizona 85016 Fax 602-926-0452
Escrow Officer _| Jason Bryant Email jbryant@securitytitle.com
Escrow No. 15210639-015-JB6-SW
Grantors: SJFT, LLC, an Arizona limited liability company Phone: | 480-759-4799
Contact Yih Guang Jan
Mailing
Address: 3819 E. Amberwood Email yihjan@yahoo.com
City, State Zip Phoenix, Arizona 85048
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 follows
deposit with the Title Company if escrowed, the purchase price | Object | (check all that apply):
plus all lawful costs incidental to closing as follows: Code
Escrow Fees TBD [_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 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 |
EX 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 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 |
[)_Easement(s): Consent to easement(s) by secured party(ies).
Total Other Charges
[]_Other Disbursements: |
Sub Total
Land* $37,398.00 11
Improvements* $11,375.00 10 Possession date:
TCE $15,632.00 12 Close of escrow:
Date of recording:
Right of Way Agreement Yes XM | Nol]
Total Purchase Price $64,405.00 Entry Agreement Yes] | NoX
Total Escrow & Title Costs TBD 14 Addendum attached hereto and made a Yes] | NoX
Total Compensation (minus any funds paid
outside of escrow) $64,405.00 part hereof
TOTAL WARRANT** l TBD
*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: Northern Parkway 99% Ave-87th Ave PCN: | TT0372
Assessor Parcel No.: 142-55-507 Item No | D24443
Right of Way Agent: Tangella Diaz Telephone # | 602-506-4883
Page 1 of 7
The GRANTOR, 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-offs, 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.
GRANTORS: SJFT, LLC, AN RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
ARIZONA LIMITED LIABILITY
COMPANY
‘DocuSigned by: MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF
Yih Guang gy lan OF TRANSPORTATION SUPERVISORS
10/3/2023 DocuSigned by:
PEI 1S2ESEO2AAA.. D: ; .
ate y fur Ko
ITS:__ Managing Partner Right oF Way Sipervisor Chairman of the Board
10/3/2023 ATTEST:
Date
Approved as to form within the
powers and authority of the Board of
Clerk of the Board of Supervisors
Bleed by:
Wayne Peck 10/3/2023
ie aly County Attorney Date Date
Page 2 of 7
RIGHT OF WAY AGREEMENT
Parcel No.: 142-55-507
Project No.: TT0372
Project Name: Northern Parkway
Project Termini: 99" Ave-87" Ave
Item No.: D24443 (TD)
WHEREAS in consideration hereinafter set forth, it is agreed that this instrument contains the entire agreement between
the Grantor and Maricopa County. No further consideration is being paid than described in this agreement.
THE COUNTY OF MARICOPA AGREES:
A.
B.
Cc.
To use the real property described and depicted herein for the general welfare and benefit of the public.
To pay the Grantors the sum of Thirty-Seven Thousand Three Hundred Ninety-Eight and No/100 Dollars
($37,398.00) as payment in full for the real property described and depicted herein.
To pay the Grantors the sum of Eleven Thousand Three Hundred Seventy-Five and No/100 Dollars ($11,375.00)
as payment in full for the improvements located on the real property as follows:
Landscaping Gravel $2,075.00
Concrete Pavers $3,200.00
Shrubs $1,500.00
Palo Brea Tree $3,500.00
Palm Tree $ 350.00
Drip Irrigation System $ 500.00
Tree/Shrub Delivery Fee $250.00
Site Improvements Total $11,375.00
To pay the Grantors the sum of Fifteen Thousand Six Hundred Thirty-Two and No/100 Dollars ($15,632.00)
as payment in full for the Temporary Construction Easement on the property described and depicted herein.
That, if in the opinion of the Transportation Director it becomes necessary, private structures will be relocated in
kind to the Grantor’s property, clear of the property described herein, at no expense to the Grantor except as may
be herein otherwise agreed.
With respect to the development/redevelopment of the property prior to construction of project TT0372, Grantor
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.
To grant a Warranty Deed for the real property and Temporary Construction Easement to the County of Maricopa.
To accept the sum of Thirty-Seven Thousand Three Hundred Ninety-Eight and No/100 Dollars ($37,398.00)
as payment in full for the property as described and depicted herein.
To accept the sum of Eleven Thousand Three Hundred Seventy-Five and No/100 Dollars ($11,375. 00) as
payment in full for the improvements located on the real property as follows:
_ Landscaping Gravel $2,075.00
Concrete Pavers $3,200.00
Shrubs $1,500.00
Palo Brea Tree $3,500.00
Palm Tree $ 350.00
Drip Irrigation System $ 500.00
Tree/Shrub Delivery Fee $250.00
Site Improvements Total $11,375.00
To accept the sum of Fifteen Thousand Six Hundred Thirty-Two and No/100 Dollars ($15,632.00) as payment
in full for the Temporary Construction Easement on the property described and depicted herein.
That the County, or its agents, is hereby granted the right to enter upon the remaining property of the Grantor for
the purpose of accomplishing "E" above.
Page 3 of 7
Wood, Patel & Associates, Inc. , May 11, 2023
602.335.8500 : : WP# 215248.80
www.woodpatel.com . Page 1 of 2
; : See Exhibit “A”
LEGAL DESCRIPTION
Northern Avenue
Portion of APN 142-55-507
D24443
‘Public Right-of-Way
A portion of that certain parcel of land described in Document 2004-1383191, Maricopa County
Records (MCR), lying within Section 33, Township 3 North, Range 1 East, of the Gila and Salt
River Meridian, Maricopa County, Arizona, more particularly described as follows:
COMMENCING at the south quarter corner of said Section 33, a 3-inch Maricopa County
‘Department of Transportation (MCDOT) brass cap in handhole, from which the southeast corner
of said section, a 3-inch MCDOT brass cap in handhole, bears North 88°40'27" East (basis of
bearing), a distance of 2661.77 feet;
THENCE along the south line of said section, North 88°40'27" East, a distance of 721.23 feet;
THENCE leaving said south line, North 01°19'33" West, a distance of 65.00 feet, to the
southwest corner of said certain parcel of land and the POINT OF BEGINNING;
THENCE along the west line of said certain parcel of land, North 00°00'00" East, a distance of
10.31 feet;
THENCE leaving said west line, North 88°01'43" East, a distance of 98.69 feet;
THENCE South 84°36'27" East; a distance of 97.59 feet, to the south line of said certain parcel
of land;
THENCE along said south line, South 88°40'27" West, a distance of 195.84 feet, to the POINT
OF BEGINNING.
Containing 1,626 square feet or 0.0373 acres, more or less.
Subject to existing right-of-ways and easements.
This parcel description was prepared without the benefit of survey fieldwork and is based on
client provided information. Any monumentation noted in this parcel description i is based on said.
information.
Y:\WP\Parcel Descriptions\2021\215248.80 Northem Ave APN 142-55-507 024443 Public Right-of-Way L53 05-11-23.docx
Page 4 of 7 ; . _. EXPIRES 12-31-23
- LINE TABLE
LINE | BEARING | DISTANCE
Lt | No1°19'33"W 65.00"
enn‘an : PBE LLC
L2 | Noo°00;00"E | 10.31 Doc
L3- | NB8°01'43"E | — 98,69" Poraoerri SJFTLLC
DOC 2004-1383191,
14 |. $84°36'27"E | 97.59" APN 142-55-508 MCR _ | TARGET CORPORATION
APN 142-55-507 | DOC 2003-1174655, MCR
APN 142-55-488
L3 L
la _ rrr —_— --
~~ "poe - $88°40'27"W 195.84! ;
a NORTHERN AVENUE .
a oe ~~ * \ggeqo'a74 " IS OF BEARING .
{- N88°40'27"E 2661.77' (BAS! ) SOUTHEAST CORNER
SOUTH 1/4 CORNER SECTION 33, T3N, RIE
SECTION 33, T3N, RIE : 3" MARICOPA COUNTY
3" MARICOPA COUNTY DEPARTMENT OF
DEPARTMENT OF TRANSPORTATION
TRANSPORTATION : BRASS CAP IN HANDHOLE
BRASS CAP IN
HANDHOLE
POC
EXHIBIT "A"
NORTHERN AVENUE
PORTION OF APN 142-55-507
PUBLIC RIGHT-OF-WAY
5/11/2023
WP# 215248.80
PAGE 2 OF 2
NOT TO SCALE
Z\2021\215248\Survey\Legal\5248-L53.dwg
EXPIRES 12-31-23
Page 5 of 7
Wood, Patel & Associates, Inc. May 11, 2023
602.335.8500 . WP# 215248.80
www.woodpatel.com Page 1 of 2
: See Exhibit “A”
LEGAL DESCRIPTION
Northern Avenue
Portion of APN 142-55-507
D24443 -
Temporary Construction Easement
A portion of that certain parcel of land.described in Document 2004-1383191, Maricopa County
Records (MCR), lying within Section 33, Township 3 North, Range 1 East, of the Gila and Salt
River Meridian, Maricopa County, Arizona, more particularly described as follows:
COMMENCING at the south -quarter corner of said Section 33, a 3-inch Maricopa County
Department of Transportation (MCDOT) brass cap in handhole, from which the southeast corner
of said section, a 3-inch MCDOT brass cap in handhole, bears North 88°40'27" East (basis of
bearing), a distance of 2661.77 feet;
THENCE. along the south line of said section, North 88°40'27" East, a distance of 721.47 feet;
THENCE leaving said south line, North 01°19'33" West, a distance of 75.31 feet, to the west line
of said certain parcel of land and the POINT OF BEGINNING;
THENCE along said west line, North 00°00'00" East, a distance of 18.47 feet;
THENCE leaving said west line, North 89°57'23" East, a distance of 203.92 feet, to the east line
of said certain parcel of land;
THENCE along said east line, South 00°00'00" East, a distance of 24.21 feet, to the southeast
corner of said certain parcel;
THENCE leaving said east line, along the south line of said certain parcel of land, South
88°40'27" West, a distance of-8.13 feet;
THENCE leaving said south line, North 84°36'27" West, a distance of 97.59 feet;
THENCE South 88°01'43" West, a distance of 98.69 feet, to the POINT OF BEGINNING.
Containing 3,776 square feet or 0.0867 acres, more or less.
Subject to existing right-of-ways and easements.
This parcel description was prepared without the benefit of survey fieldwork and is based on
client provided information. Any monumentation noted in this parcel description is based_on said
information. 5
Y:\WP\Parcel Descriptions\2021\215248.80 Northem Ave APN 142-55-507 D24443 Temporary Construction Easement L54 05-11-23.docx
Page 6 of 7
EXPIRES 12:31:23
LINE TABLE
LINE BEARING | DISTANCE
L1 | Not°1933"'W'] 75.31"
12 | Noo°oo'00"e | 18.47" PBELLC
000d" : boc
13 | sooov%00"e | 24.24 2012-0677166,
NCR SJFT LLC
4 | sesgoz7'w | 8.13" DOC 2004-1383191,
APN 142-55-508 MCR TARGET CORPORATION
L5 | N84°36'27"W 97.59" APN 142-55-507 | DOC 2003-1174655, MCR
°57'23" " APN 142-55-488
Le | sesro4stw | 98.69 La Na Sra E28 82
L—L3
POB yf —— E — — ——— — — ——
mn Li L6 LS 4
=l8 7247 NORTHERN AVEN +
ee oe 7" gge4o'27" "(BASIS OF BEARING
iz N88°40'27"E 2661.77" ( ) SOUTHEAST CORNER
SOUTH 1/4 CORNER SECTION 33, T3N, RIE
SECTION 33, T3N, R1E 3"-MARICOPA COUNTY
3" MARICOPA COUNTY DEPARTMENT OF
DEPARTMENT OF : TRANSPORTATION
TRANSPORTATION : BRASS CAP IN HANDHOLE
BRASS CAP IN
HANDHOLE
POC
- EXHIBIT "A"
NORTHERN AVENUE
PORTION OF APN 142-55-507
TEMPORARY CONSTRUCTION EASEMENT
5/14/2023
WP# 215248,80
PAGE 2 OF 2
NOT TO SCALE
EXPIRES 12-31-23 Z12021\215248\Survey\Legal\5248-L54.dwg
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