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Maricopa County
Purchase Agreement and Escrow Instructions
Title Company Security Title Agency Date August 8, 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. 15210641-015
Lloyd Y. Thompson, Trustee of the Lloyd Y. Thompson Trust UAD June 26, 2020, an undivided 64.774% interest; and Laura
Yvonne Thompson, Trustee of the Laura Y. Thompson Trust UAD May 13, 2020, an undivided 17.6% interest; and Christina Lauren
Grantors: Tatone, Trustee of the Christina L. Tatone Trust UAD May 13, 2020, an undivided 17.626% interest
Contact Lloyd Thompson Phone: | 541-734-4135
Mailing
Address: 3752 Devils Garden Rd Email | loyd@callatg.com
City, State Zip _| Medford, Oregon 97504
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 shail 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 []_ 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
Bd 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.ULA, regardless of the closing date,
Taxes -Prorated |
(1 Easement(s): Consent to easement(s) by secured party(ies).
Total Other Charges TBD
C1 Other Disbursements: |
Sub Totai TBD
Land* $36,520.00 11
Improvements* $3,525.00 10 Possession date:
TCE $35,814.00 12 Close of escrow:
Date of recording:
Right of Way Agreement Yes I | No[]
Total Purchase Price $75,859.00
Total Escrow & Title Costs TBD 14 Entry Agreement Yes L] | No kX
Total Compensation $75,859.00 Addendum attached hereto and made a Yes] | Nok]
TOTAL WARRANT** TBD part hereof,
*Escrow and title policy fees based on this amount only.
**Sum of "Total Closing Costs" and "Total Compensation" only.
Project: Northern Parkway 99% Ave-874 Ave PCN: | TT0372
Assessor Parcel No.: 142-55-505 Item No | D24445
Right of Way Agent: Tangella Diaz Telephone # | 602-506-4883
Page 1 of 9
The GRANTOR, having executed a conveyance of certain real property rights to the GRANTEE as described in the Exfibit(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 altemative, 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 wil! 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’ 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 shal! 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: Lloyd Y, Thompson,
Trustee of the Lloyd Y. Thompson Trust
R 7 Y ‘ aT:
UAD June 26, 2020, an undivided RECOMMENDED FOR APPROVAL: ACCEPTED AND APPROVED:
4% interest
Cie Thompson. 8/9/2023
By: - Date MARICOPA COUNTY DEPARTMENT MARICOPA COUNTY BOARD OF
Trustee OF TRANSPORTATION SUPERVISORS
Its:
Laura Yvonne Thompson, Trustee of the
Laura Y. Thompson Trust UAD May 13,
ean undivided 17.6% interest Deausioned bn
Lawre. Tampon. 8/9/2023 doin Rodeigery
yieener- Date Right of Way Supervisor Chairman of the Board
Trustee
Its: 8/10/2023 ATTEST:
Date
Christina Lauren Tatone, Trustee of the
Christina L. Tatone Trust UAD May 13,
020,.an undivided 17.626% interest
(uni Datos. 8/9/2023
yranase. Date
Trustee Approved as to form within the
Its: powers and authority of the Board of Clerk of the Board of Supervisors
Supervisors
Doaisaoed
Whupae ck 8/10/2023
Deputy County Attorney Date Date
Page 2 of 9
RIGHT OF WAY AGREEMENT
Parcel No.: 142-55-505
Project No.: TT0372
Project Name: Northern Parkway
Project Termini: 99" Ave-87" Ave
Item No.: D24445 (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. To use the real property described herein for the general welfare and benefit of the public.
B. To pay the Grantors the sum of Thirty-Six Thousand Five Hundred Twenty and No/100 Dollars ($36,520.00)
as payment in full for the real property described herein.
C. To pay the Grantors the sum of Three Thousand Five Hundred Twenty-Five and No/100 Dollars ($3,525.00)
as payment in full for the improvements located on the property described herein and broken out as foliows:
+/- 150 s.f. of sidewalk and +/- 470 s.f. of landscaping and gravel =$3,525.00
Site Improvements Total =$3,525.00
D. To pay the Grantors the sum of Thirty-Five Thousand Eight Hundred Fourteen and No/100 Dollars
($35,814.00) as payment in full for the Temporary Construction Easement on the property described herein.
E. 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. 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. To grant a Warranty Deed for the real property described in Exhibits "A" and “B” and Temporary Construction
Easement described in Exhibits "C" and “D” to the County of Maricopa for the general welfare and benefit of the
public.
2. To accept the sum of Thirty-Six Thousand Five Hundred Twenty and No/100 Dollars ($36,520.00) as
payment in full for the property described herein.
3. To accept the sum of Three Thousand Five Hundred Twenty-Five and No/100 Dollars ($3,525.00) as payment
in full for the improvements located on the property described herein and broken out as follows:
+/- 150 s.f. of sidewalk and +/- 470 s.f. of landscaping and gravel =$3,525.00
Site Improvements Total =$3,525.00
4. To accept the sum of Thirty-Five Thousand Eight Hundred Fourteen and No/100 Dollars as payment in full
for the Temporary Construction Easement on the property described herein.
5. 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 9
Wood, Patel & Associates, Inc. Revised July 5, 2023
602.335.8500 May 11, 2023
www.woodpatei.com WP# 215248.80
Page 1 of 2
See Exhibit “A”
LEGAL DESCRIPTION
Northern Avenue
Portion of APN 142-55-505
D24445
Public Right-of-Way
A portion of that certain parcel of land described in Document 2021-0363631, 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 1225.74 feet;
THENCE leaving said south line, North 01°19'33" West, a distance of 65.00 feet, to the south
line of said certain parcel of land and the POINT OF BEGINNING;
THENCE leaving said south line, North 45°00'50" East, a distance of 43.26 feet;
THENCE North 89°52'13" East, a distance of 6.27 feet;
THENCE North 77°09'55" East, a distance of 31.68 feet, to the east line of said certain parcel of
land;
THENCE along said east line, South 00°00'00" East, a distance of 36.06 feet, to the southeast
corner of said certain parcel of land;
THENCE leaving said east line, along the south line of said certain parcel of land, South
88°40'27" West, a distance of 67.77 feet, to the POINT OF BEGINNING.
Containing 1,660 square feet or 0.0381 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.
es
48932
GABRIEL S.
Page 4 of 9
EXPIRES 12-31-23
LINE TABLE
LINE | BEARING | DISTANCE
Li | Notig'33"w | 65.00"
—— TARGET CORPORATION
L2 | NAS°00'S0"E | 43.26 DOG 2003-1174685, MCR
13 | NBO°E243E | 6.27 APN 142-556-488
LLOYD Y THOMPSON TRUST/
14 | N7T°OO'ES'E | 31.68" CHRISTINA L TATONE TRUST/
—— : LAURA Y THOMPSON TRUST 4
L5 | S00°00'00"E 36.06 DOG 2021-0363631, MCR
Le | see4o'27"w 67.77 APN 142-56-505
POB Q
NORTHERN AVENUE, g
—f~ wore oe
oe ; EARING
r N88°40'27"E 2661,77' (BASIS OF BI ) SOUTHEAST CORNER
SOUTH 1/4 CORNER
SECTION 33, TSN, R1E
3" MARICOPA COUNTY
DEPARTMENT OF
TRANSPORTATION
BRASS CAP IN
HANDHOLE
POC
EXPIRES 12-31-23
Page 5 of 9
SECTION 33, T3N, RIE
3° MARICOPA COUNTY
DEPARTMENT OF
TRANSPORTATION
BRASS CAP IN HANDHOLE
EXHIBIT "5"
NORTHERN AVENUE
PORTION OF APN 142-565-505
PUBLIC RIGHT-OF-WAY
REVISED 07/05/2023
WP# 215248,80
PAGE 2 OF 2
NOT TO SCALE
242021\215248\Survey\Legal\5248-L.55R01 dwg
Wood, Patel & Associates, Inc. Revised July 5, 2023
602.335.8500 May 11, 2023
www.woadpatel.com WP# 215248.80
Page 1 of 4
See Exhibit “C”
LEGAL DESCRIPTION
Northern Avenue
Portion of APN 142-55-505
D24445-TCE
Temporary Construction Easement
A portion of that certain parcel of land described in Document 2021-0363631, 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 1025.77 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
39.86 feet;
THENCE leaving said west line, South 89°59'48" East, a distance of 231.63 feet;
THENCE North 01°10'35" West, a distance of 19.76 feet;
THENCE North 77°09'55" East, a distance of 37.38 feet, to the east line of said certain parcel of
land;
THENCE along said east line, South 00°00'00" East, a distance of 25.64 feet;
THENCE leaving said east line, South 77°09'55" West, a distance of 31.68 feet;
THENCE South 89°52'13" West, a distance of 6.27 feet;
THENCE South 45°00'50" West, a distance of 43.26 feet, to the south line of said certain parcel
of land;
Page 6 of 9
Legal Description Revised July 5, 2023
Northern Avenue May 11, 2023
Portion of APN 142-55-505 WP# 215248.80
D24445-TCE Page 2 of 4
Temporary Construction Easement See Exhibit “C”
THENCE along said south line, South 88°40'27" West, a distance of 199.97 feet, to the POINT
OF BEGINNING.
Containing 9,044 square feet or 0.2076 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.
EXPIRES 12-31-23
Page 7 of 9
L
TARGET CORPORATION
DOC 2003-1174655, MCR
APN 142-55-488
LLOYD Y THOMPSON TRUST?
CHRISTINA L TATONE TRUST?
LAURA Y THOMPSON TRUST
DOC 2021-0363631, MCR
APN 142-55-505
$89°59'48"E 231.63’
\A
L6
f 4025.77 |"
SOUTH {M CORNER
SECTION 33, T3N, RIE
3" MARICOPA COUNTY
DEPARTMENT OF
TRANSPORTATION
BRASS CAP IN
HANDHOLE
Poc
$88°40'27"W. 199.97" ig tt
‘\ roe NORTHERN AVENUE +
- SOUTHEAST CORNER
SECTION 33, T3N, RIE
3" MARICOPA COUNTY
DEPARTMENT OF
TRANSPORTATION
BRASS CAP IN HANDHOLE
EXHIBIT “D"
NORTHERN AVENUE
PORTION OF APN 142-55-505
TEMPORARY CONSTRUCTION EASEMENT
REVISED 07/05/2023
WP# 215248.80
PAGE 3 OF 4
NOT TO SCALE
Z\2021\215248\Survey\Legal\5248-L56R01.dwg
EXPIRES 12-31-23
Page 8 of 9
LINE TABLE LINE TABLE
LINE BEARING DISTANCE LINE BEARING DISTANCE
Lt | NO1°19'33"W 65,00! L5 | $00°00'00"E 25.64!
£2 | NO0°00'00"E 39,86! L6 | S77°09'5S"W 31.68
13 | NO1°10°35"W 19.76 L7 | S80°52413"W 6.27'
L4 | N77°09'SS"E 37,38 L8 | S45°00'50"W 43,26
EXHIBIT "D"
NORTHERN AVENUE
PORTION OF APN 142-55-505
TEMPORARY CONSTRUCTION EASEMENT
REVISED 07/05/2023
WP# 21524880
PAGE 4 OF 4
EXPIRES 12-31-23
Page 9 of 9
NOT TO SCALE
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