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Maricopa County Department of Transportation
Purchase Agreement and Escrow Instructions
Title Company
Pioneer Title Agency, Inc.
Date
8/22/23
Address
1550 E. Missouri Ave.
Phone
602-328-8882
City
Phoenix, AZ 85014
Fax
855-487-3551
Escrow Officer
Jennifer Siverio
Email
Jennifer.siverio@ptaaz.com
Escrow No.
72501144-025-JS1
Grantor:
Douglas Romfo and Karla Romfo, husband and wife.
Phone:
Contact
Karla Romfo 701-370-0479 Douglas Romfo 480-292-1483
Cell:
Mailing
Address:
15424 E Ocotillo Road
Email
karla_romfo@hotmail.com
City, State Zip
Gilbert, AZ 85298
Fax:
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
deposit with the Title Company if escrowed, the purchase price
plus all lawful costs incidental to closing as follows:
Sub-
Object
Code
Charges and Disbursements to be paid from Grantor's funds as
follows (check all that apply):
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
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
Easement(s): Consent to easement(s) by secured party(ies).
Total Other Charges
TBD
Other Disbursements:
Sub Total
TBD
Land*
$ 73,868.00
11
Close of escrow:
Improvements*
$ 13,588.00
10
Special Conditions Right of Way Contract
Exhibit "B"
Yes
No
TCE
$ 2,569.00
12
Administrative Settlement
$ 67,372.00
10
Entry Agreement
Yes
No
Total Compensation
$157,397.00
Addendum attached hereto and made a
Yes
No
Total Escrow & Title Costs
TBD
14
part hereof
Total Purchase Price
$157,397.00
TOTAL WARRANT**
TBD
*Escrow and title policy fees based on this amount only.
**Sum of "Total Closing Costs" and "Total Purchase Price" only.
Project:
Ocotillo Road (148th St to Greenfield)
PCN:
TR221
Assessor Parcel No.:
304-71-100M
Item No
D24605 (WJ)
Right of Way Agent:
John Huntley, Tierra Right of Way Services
Telephone #
602-758-4747
8/30/2023
8/30/2023
Page 3 of 10
EXHIBIT "B"
RIGHT OF WAY AGREEMENT
Parcel No: 304-71-100M
Project No.: TR221
Project Name: Ocotillo Road
Project Termini: 148th Street to Greenfield Road
Item No.: D24605 (WJ)
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. To use the real property described herein for the general welfare and benefit of the public.
B. To pay the Grantors the sum of Seventy-Three Thousand Eight Hundred Sixty-Eight and No/100 Dollars
($73,868.00) as payment in full for the real property described herein.
C. To pay the Grantors the sum of Thirteen Thousand Five Hundred Eight-Eight and No/100 Dollars ($13,588.00)
as payment in full for the improvements located on the property described herein and broken out as follows:
Block Wall Fence
(210 SF X $5.00* Per SF)
$ 1,050.00
Pipe & Wire Mesh Fence
(19 LF X $5.00* Per LF)
$ 95.00
Stacked Decorative Block
(19 LF x $12.00 Per LF)
$ 228.00
Decomposed Granite Pad
(1,100 SF X $1.50 Per SF)
$ 1,650.00
Grass
(2,770 SF X $0.50)
$ 1,385.00
Metal Shade Structure
(540 SF x $17.00 Per SF)
$ 9,180.00
*50% of $10.00 Per SF for Shared Walls
*50% of $10.00 Per LF for Shared Fence
Total Site Improvements
$13,588.00
D. To pay the Grantors the sum of Two Thousand Five Hundred Sixty-Nine and No/100 Dollars ($2,569.00) as
payment in full for the Temporary Construction Easement on the property described herein.
E. To pay the Grantors the sum of Sixty-Seven Thousand Three Hundred Seventy-Two and No/100 Dollars
($67,372.00) as payment in full for the negotiated Administrative Settlement
F.
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.
G. With respect to the development/redevelopment of the property prior to construction of project TR221, 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.
H. As designed, the Project will include approximately 220 +/- Lineal feet of concrete wall along the Ocotillo Road
frontage at the new right of way alignment. The Owner may decline such wall along its property frontage. In the
event the Owner desires a wall/fence, the Town of Gilbert will relocate or replace in kind the owners existing
wall/fence or is offering three types of walls and will install the wall of the Owner’s choosing. In the event the
Property has existing connection to Ocotillo Road, the Town of Gilbert is offering three choices of gate types and
will install the gate of the Owner’s choosing. The choices of the Owner will be included in the construction
drawings.
I.
In the event the Town of Gilbert’s Engineer or Town Manager determines that a portion of the Property being
purchased pursuant to this Agreement is no longer needed for the Project (the “Excess Land”), the Grantor may
repurchase the Excess Land at a purchase price equal to its then current market value. The market value of the
Excess Land shall be determined based on an independent appraisal report obtained by the Town. Grantor shall
have 60 days after delivery of the appraisal report to complete the repurchase. If Grantor does not complete the
repurchase within the 60-day period, Grantee’s repurchase rights shall terminate. In the event the Grantor exercises
its repurchase option pursuant to this paragraph, the Town shall issue a quitclaim deed for the Excess Land to the
Grantor upon receipt of payment of the appraised value. If the Grantor exercises its repurchase right after the Town
has completed construction of the Project, including building a new wall along the new property line, the Grantor
is responsible for the cost associated with relocating the new wall. Grantor may assign this repurchase right to a
subsequent purchase of Grantor’s remaining property, but no other.
Page 4 of 10
THE GRANTORS AGREE:
1.
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.
2.
To accept the sum of Seventy-Three Thousand Eight Hundred Sixty-Eight and No/100 Dollars ($73,868.00)
as payment in full for the property described herein.
3.
To accept the sum of the sum of Thirteen Thousand Five Hundred Eighty-Eight and No/100
Dollars ($13,588.00) as payment in full for the improvements located on the property described herein and
broken out as follows:
Block Wall Fence
(210 SF X $5.00* Per SF)
$ 1,050.00
Pipe & Wire Mesh Fence
(19 LF X $5.00* Per LF)
$ 95.00
Stacked Decorative Block
(19 LF x $12.00 Per LF)
$ 228.00
Decomposed Granite Pad
(1,100 SF X $1.50 Per SF)
$ 1,650.00
Grass
(2,770 SF X $0.50)
$ 1,385.00
Metal Shade Structure
(540 SF x $17.00 Per SF)
$ 9,180.00
*50% of $10.00 Per SF for Shared Walls
*50% of $10.00 Per LF for Shared Fence
Total Site Improvements
$13,588.00
4.
To accept the sum of Two Thousand Five Hundred Sixty-Nine and No/100 Dollars ($2,569.00) as payment in
full for the Temporary Construction Easement on the property described herein.
5.
To accept the sum of Sixty-Seven Thousand Three Hundred Seventy-Two and No/100 Dollars ($67,372.00) as
payment in full for the negotiated Administrative Settlement.
6.
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 "F” above.
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EXHIBIT A
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