C1. PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS.PDF
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\ MARICOPA COUNTY FLOOD CONTROL DISTRICT PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS ‘Title Company Security Title Agency Date 7/6/2023 Address 2451 E Camelback Rd, Suite 200 Phone 602-230-6271 City Phoenix, AZ 85016 Fax Escrow Officer Jason Bryant Email jbryant@securitytidle.com Escrow No, 8715230554 Grantor: GRUPO AzTEX, LTD., a Texas limited partnership Phone: Contact Elias Urbina Phone: 512-328.9090 x123 Mailing Address: | 13215 Bee Cave Plwy Bidg B-135 Email lurbina@usco-cpa.com City, State Zip ‘Austin, TX 78738 Fax: Grantee: The Flood Control District of Maricopa County, a political subdivision of the State of Arizona Mailing Address: | 2801 West Durango Street, Phoenix, AZ 85009 The Flood Control District of Maricopa County, a political Sub- Charges and Disbursements to be paid to Grantor as follows (check all subdivision of the State of Arizona shall pay directly to the Object | that apply): Grantor the purchase price plus ali lawful costs incidental to Code closing as follows: : : Escrow Fees TBD L]_‘Fotal Acquisition of Grantor’s Property: Title Policy Fees TBD Title Report TBD Title Repost Credit Total Esccow & Title Fees TBD Recording Fees: $0.00 Release & Reconveyance TBD Release of Lease TBD [ [ EI Partial Acquisition of Grantor’s Property: ‘Total Recording Fees TBD Other Charges: Appraisal Report Services $0.00 COC) []_ Easement(s): Consent to easement(s) by secured party(ies). Total Other Charges TBD LJ] Other Disbursements: I Sub Total TBD Land* $10.00 1 Easements* i Possession date: Upon Signature Less Sales Deposit Received $0.00 10 Close of escrow: 10 Date of recording: 12 Special Conditions Right of Way Contract Yes [] | No Total Compensation $10.00 Total Escrow & Title Costs TBD 14 Entry Agreement Yes [[] | Nok Total Purchase Price $10.00 Addendum attached hereto and madea Yes L] | Nok TOTAL * TBD part hereof *Escrow and title policy fees based on this amount only, **Sum of "Total Closing Costs" and "Total Purchase Price" only, eek P_O.C Paid outside of closing Project: Powerline Floodway PCN: | 311.0112 Assessor Parcel No.: 304-31-010P FCD Parcel # | F-2519 Agent: Ryan Ewers Telephone # | 602-506-1054 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, Agent is directed to deliver said conveyance to THE FLOOD CONTROL DISTRICT OF MARICOPA COUNTY, title to said property to be transferred upon execution of the Special Warranty Deed by the BOARD OF DIRECTORS OF THE FLOOD CONTROL DISTRICT OF MARICOPA COUNTY and its recordation with the Maricopa County Recorder’s office. The Escrow Agent shall satisfy such taxes, Deeds 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 THE FLOOD CONTROL DISTRICT OF 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. THE FLOOD CONTROL DISTRICT OF MARICOPA COUNTY will pay the costs of the owner’s title insurance policy, escrow fees and other charges by escrow companies incidental to the closing of escrow. The property owner will pay any fees associated with property taxes, Deed of Trusts, leasehold interests, special assessments, and other encumbrances, including lender releases or loan payoffs, including endorsements, document preparation, and other expenses related thereto. The property owner is responsible for all title and escrow cancellation fees if the closing/recording process is not completed. If this transaction is not handled through a title company, the conveyance will be delivered directly to THE FLOOD CONTROL DISTRICT OF MARICOPA COUNTY after approval and acceptance by the MARICOPA COUNTY BOARD OF DIRECTORS and the final filing and recording of the documents. This Agreement is subject to cancelation pursuant to A.R.S. § 38-511. Page 2 of 7 GRANTOR: GRUPO AZTEX, LTD By: GRUPO AZTEX MGT, LLC Its General Partner DocuSigned by: (= ——— 7/27/2023 Elias F. Urbina, Manager Date The foregoing instrument was acknowledged before me this__ 27" day of July 2023, by __ Elias F Urbina, __ Manager __ of GRUPO AZTEX, LTD DocuSlgned by: a= Notary ‘Public (signature) MONA HERNANDEZ Notary Public State of Arizona Maricopa County Commission #641366 My Comm. Expires Jan. 9, 2027 The notary public certifies that appropriate authorization has been issued by the Arizona Secretary of State to allow electronic notarizations or remote online notarization pursuant to ARS. § 41-276. This remote notarial act involved the use of communication technology. Page 3 of 7 RECOMMENDED FOR APPROVAL: FLOOD CONTROL DISTRICT OF MARICOPA COUNTY DocuSigned by: Midvacl Fulton 7/28/2023 61D71DC47EBB4BC... Michael A. Fulton Date Director MARICOPA COUNTY REAL ESTATE DEPARTMENT DocuSigned by: 7/27/2023 Alex Smith Date Director APPROVED AS TO FORM and within the powers and authority granted under the laws of the State of Arizona. DecuSigned by: [ ay Pude 7/27/2023 C8464D0DE44C4E5... Wayne Peck Date District General Counsel Page 4 of 7 APPROVED AND ACCEPTED GRANTEE: FLOOD CONTROL DISTRICT OF MARICOPA COUNTY Chairman of the Board Date Printed Name: ATTEST Clerk of the Board Date Printed Name: STATE OF ARIZONA ) )ss COUNTY OF MARICOPA ) Before me, Notary Public in and for said County, State of Arizona, on this day personally appeared known to me to be the person whose name is subscribed to the forgoing instrument as Chairman of the Board of Directors for the Flood Control District of Maricopa County. Given under my hand and seal of the office this day of » 202. Notary Public (signature) Page 5 of 7 Exhibit “A” DESCRIPTION OF 0.069 ACRE FEE PARCEL (2,994 SQ.FT.) (PAGE 1 OF 2) A FEE PARCEL being a part of a tract of land conveyed to GRUPO AzTEX, LTD as tecorded in Document 1999-0263168, Maricopa County Records, located in the Southeast quarter of Section 21, Township 1 South, Range 7 East of the Gila and Salt River Meridian, City of Mesa, Maticopa County, Atizona being further described as follows: COMMENCING at a General Land Office monument marking the South corner of said section being North 89°28'11” West, 2631.33 feet from a brass cap in handhole marking the Southeast corner of said section; THENCE along the South line of said Southeast quarter, South 89°28'11” East, 2566.33 feet to the West right-of-way line of Ellsworth Road; THENCE along said line, North 00°15742” West, 34.89 feet to the South sight-of-way line of Ray Road per Document 2022-0827132, Maricopa County Records; THENCE along said South line, North 57°17735” West, 9.60 feet to the North line of an existing 40-foot Permanent Easement for Flood Control Purposes pet Docket 6283, Page 154, Maricopa County Records, being the TRUE POINT OF BEGINNING, THENCE along said Hine, North 89°28'11” West, 271.21 feet, THENCE North 00°22716” East, 11.07 feet to said South line of Ray Road; THENCE along said line, South 89°37°44” East, 252.54 feet; THENCE along said line, South 57°17735” East, 22.10 feet to the TRUE POINT OF BEGINNING. ; Containing 0.069 acre (2,994 square feet), more or less, and being subject to all easements and tights-of-way, whether recorded or not. See page two (2) for depiction of the above-described fee parcel. Page 6 of 7 Exhibit “A” a _ __ _ E. 1/4 COR. \ st SEC. 21, TisRrE—) & RAY ROAD BRASS CAPPED CITY OF MESA . ~—=.. MON. IN HANDHOLE "RAY ROAD RW" PER 3 TRUE POINT OF | = ae DOC, 2022-0827132, M.C.R. 2 BEGINNING °. o © a EX. RW °) if 8 is fe fli BE G “| = = ZZA FEE PARCEL A.P.N. 304-31-010K — 40: PERMANENT ESMT. |= oe 0.069 AC, GRUPO AZTEX, LTD FOR FLOOD CONTROL =| § | (8a (2,994 SQ.FT.) DOC. 1999-0263168, M.C.R. PURPOSES dics zu (HATCH AREA) DK. 6283, PG. 154 Pape | la} P.O.C. _—-. LL 2566.33 z 65.0" | 8. 1/4 COR. SEC. 21 $ 892811" E 2631.33 wai T1S, R7E, G.L.O. MONUMENT (BASIS OF BEARINGS) SE. COR SEC. 21 T1S, R7E, BRASS THIS EXHIBIT DOES NOT REPRESENT CAPPED MON. IN A BOUNDARY SURVEY AND SHOULD HANDHOLE NOT BE RELIED UPON AS SUCH LINE TABLE LINE BEARING DISTANCE THE LINES SHOWN HEREON ARE c4 N S7°47'35" W 9.60" BASED UPON CURRENT DEEDS L2 N gor2B 11 W 271.20" OF RECORD AND LIMITED LS NGO"22716° E A107 FIELDWORK Ww $8937 44" = 352.54) LS $571 735" 22.10) PAGE 2 OF 2 EXHIBIT OF 0.069 ACRE FEE PARCEL SA | OWNER: GRUPO AZTEX, LTD STRAND 5210 S. ELLSWORTH ROAD MESA, ARIZONA 85212 SOUTHEAST QUARTER SECTION 21 T15S, R7E, MARICOPA COUNTY ASSOCIATES’ EXHIBIT A OB NO. 4645.004 Page 7 of 7