Loading...
HomeMy WebLinkAboutResolution 2016-030 Approving the Tangerine Investors AcquistionF. ANN RODRIGUEZ, RECORDER Recorded By: LW A> Of DEPUTY REORDER w � 41I ° SMARA TOWN OF MARANA P '' t n t PICK UP MARANA TOWN CLERK ,� =/ 1 \ 520-382-1999 TOWN CLERK SEQUENCE: zo�so,ao NO . PAGES: � PICK UP urootrt' eAxo. $9.00 MARANA RESOLUTION NO. 2016-030 RELATING TO PUBLIC WORKS; APPROVING AND AUTHORIZING THE TOWN ENGINEER TO EXECUTE AN ACQUISITION AGREEMENT & ADMINISTRATIVE SETTLEMENT AND ALL OTHER DOCUMENTATION NECESSARY FOR THE PURCHASE OF PROPERTY RIGHTS NEEDED FROM TANGERINE INVESTORS LIMITED PARTNERSHIP FOR THE TANGERINE CORRIDOR/TANGERINE ROAD, TWIN PEAKS TO LA CANADA DRIVE, TOWN OF MARANA PROJECT NO. ST021 WHEREAS the Town of Marana is constructing the Tangerine Corridor /Tangerine Road, Twin Pears to La Canada Drive, Town of Marana Project No. ST021, (the "Tangerine Road Project"'); and WHEREAS the Town of Marana needs to acquire property rights from Tangerine Investors Limited Partnership to construct the improvements needed for the Tangerine Road Project (the "Needed Property "); and WHEREAS Town staff has negotiated an Acquisition Agreement & Administrative Settlement with Tangerine Investors Limited Partnership Council for acquisition of the Needed Property, the terms of which exceed Town staff's general authority for acquisition of property rights needed for the Tangerine Road Project; and WHEREAS the Mayor and Council of the Town of Marana find that the acquisition or condemnation of the Needed Property is necessary for the public health, safety and welfare of the citizens of Marana. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, authorizing the Town Engineer to execute the Acquisition Agreement & Administrative Settlement in substantially the form attached to and incorporated in this resolution as Exhibit A, and to execute all other documentation necessary for the purchase of the Needed Property from Tangerine Investors Limited Partnership for the Tangerine Road Project. PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, this 15 th day of March, 2016. s r Mayor Ed! Honea APPROV AS FORM; Fra Ca >< y, Town Att y 00045600.DOCX I1 Resolution No. 2016 -030 312120 1 6 9:00 AM F3C 0 Exhibit "A" ENGINEERING D.EPARTMENT IVE S AUIS1TlC?�!AGR. ..EMENT ADMINISTRAT Th' A g reement d b �and between ona Is g reemen Is ma e b tw en. Tan LIM"Ited Pla'rtnershlp, an Arl z d& limned partnersh ip ("Owner!'):, and the Town. of Marana, an A .Jz.ona . murippal. corporation ("Town"). w ort Ac n Amount, The Owner ownsthe p rope,rt described in instrument 4, recotd6d o- n. March, 1-3, 1987 �in .: Docket 7991 at �Pa 644 'in the �P-J.ma �Count Record&s O fice. includIn all. improvements located thereon ( the "Propert The Town has determuned. the.: ti, Od. to ad Uire, fee fitle to .1, fs�of�w d q ubl*c r4g:h raina ease m ent P t 1 descr*b_ed:;`n Exh*Ut "A" and show n x i (the "Ap Area" 1. 1 1. n. o hbt.;"B", In lieu of -court procoedin ac th.e-.A' x.sition. Area b n t: domain c . emi en thowner a to sell : 0 a nd ith. e Town.a -to, ac U i t fee ti and a draina eam 6int to the Ac Area q for th tot Um of Rev'sed Ac Amount "), subject. to the terms 00.0 00 ( the e al S V . 1.3 and conditions set fo rth below. $1 1.3:000 Revised Ac Amount $4,62Q.00. ... . . ... .. ........... Estimated Closin 1-715K.00 Total Not to Exceed Amount Zt R of doss for Dama to Improvements. The Owner shall. 'be responsible for the, risk of loss-:..for an and ei'll'.darri.a to the. imp.rovements. located �on �the Ac P rior to Clos . e of- e .. s . crow. 3, Warrant Deed Document., Upon. execution of this A the. O wner shall deposit r - with the, ion .a. Warrant Deed c onve y in g to the Townfitle to.'the.Acquisifion a rea free and clear of.ollhens and encumbrances.,, 1 4. No Salva The Owner shall not salva or remove any . fixtu . res ments improve ve located within the Ac Area, Personal propert ma b.e removed prior to close of escrow. 5. Escrow and Prorations. The Ac Amount shall. be paid in fult at closin ( a ) The date of closin shall be used for proratlon of rents, propert taxes and other similar costs ( b ) .as-sessments due for improvement districts shall be paid in .full- b the Owner prior to closin -and ( c ) . propert taxes shall be prorated based upon both the date of closin and th e o itl rti siz _f the.Ac Taxes will be. pro-rated based upon the proportion of the Ac Area to the Ow e ntire assessed parcel.. Mamma M;9yor and Coundi'l ApprowIT" dution No., 2014-08,c),. Dated0d, 7, 2015 NO� ST021 IT: I I IS J R 1 '3 ill' I AWR V') 1. 9,4�' AC) 12 A Ac iflo. i A for If n Investors Lit iile,d Flartnefshi P a I of 8 6. Securit lnto.'rOstlil Monies pa under this A nt ma be due h Idem of ote g reeme Y 0 n s secured b mort or deeds of trusts ( "Li nbdl ders" up to and includin the total amount of unpaid principal, interest and penalt Those sums .shall, upon demand, be paid to the Lienholders,, Owner shall obtain from the Lienholders.relea-ses for an fee transfer and consents for an transfer of a easernentfo'rthe�Ac n �Uisifion Area, 7.► Posse.ssJongn.d.. 1oS*1n Possession of the Ac Area s.h.all be g iven to the Town at. the date of closin Closin shal be on or before the :later of -(.a) 45 da after the date this A is approved. b the Marana Ma a C.puncil or (b) 45 da after receipt of all 'necessar releases 'or consents1rorn an Lienholder. 8. lEnvirortmental Ropresentotlops,, The Town and. the. Owner a that neither part Is . assumin ion of -the -:other 0:-any p n Ja. t I In an. part relatin. t o f b I.I.Jabilit a6s' 9 frdm' the environmental Condition of the Ac Area,.. Each. part shal[remain responsible for its 't d. w rrants..' obli asset forth �y law., The Owner her b represents an a.. that, to the best of -Owner's, knowled no pollutants contaminants, toxid..or hazardous substances, wastes or materials have been. st refi used or located on the Propert or within an s-.urfa.ce or s Ubsurface w6ters thoire'of, that no under tanks . have been located on the Pr that, the Prope.rtY _i$: in co mpli . ance with all Federal., sfat-e an environmental laws, f an k'. �has re and otdiftancet- -and that no le action 0 f been commenced or threatened with respect to the Propert 94- Environmental lns.pootib n''! Ri The Owner' bail. permit the Town to conduct, such . c inspections. of the Propert as -the Town deems nepessa..r dete'rmfne: the environment .al condition of the Ac Area.: If environmental ins.pections do not specificall identif contamination but indip.ate a potential for con and. r further testin or i sp . ection, the parties . hereb :-a to extend the datet: of clos.i.n to at least 30 da . after the: rep f such additio testin or inspection is com be :o Town. If an reveals. the presence of contamination. or the need -t co onvir nmenta in o duct n environm ental clean"dpi the Owner shall remedi-ate.all con'tamInatio n within the I Ac ion K Area ade to brin it into compliance with all applicable. Federal, State or local m: . .en m vironental re to. Glosin or the Twn may ter .m inas minate, this a o 10. No Leases, The Owner warr nts that there .are no oral or written leases. on all or an P ort i on of th Ac Ar 11.:Broker' Comm iss lom No broker or finder has �been used and. the Town shall owe no brokerage or finders' � fee :re.l.ated to this transaction. The Owner has sole responsibilit to .pa all brokera or finders' fees to an a emplo 12. Closin Costs. Ex en es incidental to transfer of title, includin title. reports, recordin n fees, escrow fees, releases and Owners Title Insurance Polic shad .be paid b the Town. 13-1 i of Entr This a g rants the Town, its emplo a and consultants, the ri to enter the. Propert effective as of the date this a is si on behalf of the: Owner, which shall terminate when the Town takes: title to the Ac Area or in 180 da whichever, occurs first. 1.4,:No 'Sale. Owner shall not sell or encumber the Ac Area prior to close of escrow. _10m Will P 1! Wkill W M . -n 9rana Ma and Council Approval: -sol Alp_ No.( 2014-089, Dated Oct T 2016 Re S 33 fT 1�11.,S../Rj. 3fi. TAN G E PROJECT N.O. ST021. ­-_RJX��_R OAD, CQ�B 1 .. ............ 9-4 a we tort Lirnited P rinership Parcel No, 212. 012 A . ­Xq io g uisitn Areement for Tzm b G Pa .2 of 8 15. Gonflict of I.nterosti This :A is subject to XRSA: §38�51.1 w hi c h provides for concellation of contracts-b the Town .of Marana for .certain. onfiicts of interest. 1.6., Survival tf Rep-rese.nUfilon ;!And Warranties. All representations and warranties contained herein shall survive close of escrow, 17'. EntIM A This siped d6cument. Shall constitute ..the. entire A between the partie's. No: m'Offica-tion or amendment to this. A shall. -be bindin unless in writin ond si b both parties, The performance of this A constitutes the .entire con .sides ation,by the Town., inclUding j ust Compensation far the Ac Area and severance: dama to an remainder Property and s.hAl.l r the Town of all further obli or claims relM).n. to Propert 18, Exh.lbft�;. An.Y_.exhi-bJt:atta . ched to Agreementishall bedeemed:,t6 be indorporated b refere the r rce and t if full O sq.t f6rth in the:,bo:of this: A nce. with - spn. eJo effec as 19. Ic Settle ont The parties to III. n. acknowled that the ompromise. and M I is :A t� Ac AMOOntis not necessarily market valuet but was. g reed throu compromise and settlement to. avoid liti 20, Council Appr.Wat, This A ement:is sub to.�pproval, b et Town. Council of the Town of Ma.rana, 4kOwnO.?- Tan Investors Limited Par toership, an Arizdh4 limited P_Onorshlp Town of Marano, an Arizona municipal corporation Keith Brann, R E CFM Town Er inee r Date. Approved a to f Frank Cassid Town Attorne zy it ------- --- ........ Pa 30f8 STATE OF C tv of oun P 111.q. 14 9 0 1 Was a $ C. The fore 'nstrUmept cknowled before me. da of 2016 b Vtd 0 t for Tan Investors U Red. Partnership, an Arizona 1i ited partnership, Q b of the partnersh!' M1 1M. n e In Witness Wherecif, I have set m hand hd official seal. ISEAL V1, NOW Y I- OF ARV 0 , NA . -RZO Vy . imn Ca RAELY HARR1,90N ------------- N ot a r a r Pub}c STATE Or ARIZONA ) )SS. Count.Y. of Pinna. The fore in strum rn , was., a ck.nowted before. rne.tht& da .... ... ... 20 b Y K Bra-nn, Town En of the TOWN OF MARANA., an Arizona municipal corporation on behalf of the Town. (S al) Notar Public 1. ana Ma a nd C it Approvrl- R01. ofutbn No. 20.14-08-9 Daled Qcl., T 201.6 S33 /'F1 1 S /R'1 3E R I N F---' R OAD.COR PROJECT NO... ST021 ..... ....... F arce.1 NO, 219-42-012A Ac to A for Tan Investors Lin t artners 1i ge4ofB jmly 16 2015 PI COUNTY TAX PARCEL 19 -GIZ .. That portion h+u i d s i d fn o.cket 101 pago .644, r ecordod. in the - PI a Co unty Record.or Offt. ce;:pA�# a.c[ l� ktyE.:Ar4o r ldcatod l th# s0uth0 st..f UArt0r'gf Sep ction . llo Tr w"'ShiP 1 QU't h RRn, a 3- Easy: glja a nd alt' Rfver Seri i3n., Pima C ounty Arizona, l y in g of� lire 150 00' feet nortb f And po 4.I10i with the sooth iihe Qf said Section. SECONDA describ.ed.as:fo.11ow . 0.E I N NINO .at the sa:uthwest com a r df said_ property, n the north rIght f -wad fTangerin' Road TH . ENCE upon the fives .I 'Ine;of said property,...Nort:h 0 degrees 23 miinutes. 4.5ec -onds ' eM. 0. distance of 1-004 0 Wt� .to a tin 5.0.00 meet n00 of an wfth the south line ofs id .southwest quarter; . ° 'H i p rvS'*.1din ; Narth. 89 degrees 30 r s t ute .24 seconds. Fast, a. distance of *79 feet t� the east fine ofsaid :pro .petty; T HENCa dport s h o t d 'ees. 25 min utgs 37 seconds. East a - 01S ante of 99,�S fv ato sutd north right of-wav, WHENCE' upon sOld ri ht - -v a , South 80 de tees 30 minutes 3 send distance of 579,88 feet .to th 0; P01 NT O 8 -EGINNI G: A. a corollary, contalging aprvx mate + X7, 71 square f6et. Pire . parea.. for the Torn of Marano Syr: PS0MAS Protect No. 7TMA130101 3TI 5- TEAwr 1 A EXPIRE' 9130116 RW -16 Mamma 'ayor and Council ppt` cmal RC sD.JU i0,rl Pao:: 2014-089, Dated 0cl, 7, 2015 Page 5 of 8 2) 0') 0 LK T s ILA PARCEL 219-42-012A M(;RT-OIF-WAY :Lf! SE: 1/4t SECUON 133 Tils SST ElVER IAX, IPDAA COU%LT AM ONA '77MA1 30101 IDP,A%N- BY: OL SCA-LE-i 1 701 . 70 140 PWRlW.Z Of .0. 1 /4. .:COR* SEC. 33 -4 1/2" Rte . TA MKD* RLS 298734. 2 DE 13 T;m � NE INS TiORISU. M . ITE . D PARTNERSHIP OK'71t 7991, PQ f44- 0. b PROPosta Raw TAN' GERINE RD- 15 .*00 ... ...... ...... . .... .. . .. .. ..... . ... . . . - ..... ' is 89030.060 w 57g.ss* T EXISTING ROW Cf 89'.30".24* E 24S4.06 (B.0,81) S. 1/4. CORz SEC 33 TAUGERKE ROAD (60 per BK, 7. PG. 83 R.M.) sy *++c A7 NE. 1/ CM SE C 4 xr 130 IN CO NCR ... -E . 0 IN HM 0 lio.LE WKD- LS 3 ,523.6" .8 mm-.. RLS 19862 LK T s ILA PARCEL 219-42-012A M(;RT-OIF-WAY :Lf! SE: 1/4t SECUON 133 Tils SST ElVER IAX, IPDAA COU%LT AM ONA '77MA1 30101 IDP,A%N- BY: OL SCA-LE-i 1 701 . 70 140 PWRlW.Z Of M 16� 2015 E XHIBIT "A" PRAINAGE-EASWENT PIMA COUNTY TAX PARCEL 219-42 -012A part an ofthe-pro e r e P rty e5c .1b. d I n Do ket 7991 pa record Recorder's Offic e,'Pltn-aCount Arizona, located In the southeast of. :.Of _er section 33 Township I.I.oath, Ran PIM.a Count Arizona,: described as follows1 SECONDARILY described as. folio ws,* COMM ENCING at the southwest corner.of sald propert upo n the north 'd ht.0 I - f-wA of Tan Road, THENCE. ppqn. the w line of said property, North O. degrees; 25 minutes. 54, seconds West a di stance of x00,00 fed to a -1 It) e 15.0: 00 feet Korth of :and p. a ra Ue I Wth: -the. South 11ne. ofsald SO Uthw est q v a rte wh [ch. is the. P Of NT.OF% B 1 NN.1 N G-1 TH ENCE conti upon th e west fire oF sol d p to pe rt Noah 0: d rT -�54. e eerees23. olnutes onds S C We$t distance of 125.00 feet to a 11ne 27S.-OO feet north. of and parallel -it . h the south ling Of said southwest q uarter ; THENCE.0 on said. flne, North 89. de roes 30 minutes 24 seconds East'�.:a dist P .1 ance of 205.00 feet, TH ENCE South 0 0 e 3-0,.mi n.utes 47. secon East, a. d istance . of 1 25,00 feet to a 11ne 150,00 feet. north of and Para 11.0 With th esouth. fine,ofsold southwest; Uar0r q. "ENC-r., upm sold fir e; South 89 de 30 minutes 24 seconds lest . a dist.ance. of 205 feet -to the POINr of 13WINNING. As a co roffar to nta. InIn approxi. M a. t 0Y -2$ 0 s feet YL See. Exhibit 0 attached hereto,, Prepared .for the Town of Marana b '"AGE Pro No. 7TMA130101 . Di WIRES 9/30/16 . I RW-16 T,,\7'TMA130101\,SURV' A.LEGALS\RW-16-219.42-012A\DE-13�_219-42-012A-,Le P 1 of 2 atA Gcwu jA oldlion No.: i2,014-. 89 D It 0 7,201.5 'RINF_ ROAD CORRUDOR PROJECT NO.. ST021 ts.3 r. /'TJ I,S,,:./R. IZE TANIG -Q. A r, U. I ii i ted Fla rtn Parcel No 219 42 0112A quisi ion A ill e n't f6r I a n rine I nve. sto (s ' i e. r S I ip A l i 7 of 8 72 0 a- zo w er w tu �z .0 x ter+ z < LLJI Ar Q T- Ato ol V , 7 . ........... 6 ------------ 4 . t S ViVId: 130 ONI.;Nvo . . .. .. ... .............. .. ... ........... ............... ........... . . . . .. . . . . ........ ..... . ............ ....... ... ... ?w Qo"lo'q valU14 ;P•lltu.w W9509w 49 gw/a/z w%%n IWI Nk 0 C . 4h 0 . 1 .9 WIMMCNII N-lararia Ma and Couiicil Approva., Resolu .,, t N. 2014,08 D ated Oct 7� 2016 .......... . -------- �S'33 [FI 1 S /R13 E TANGEMNE ROAD CORRMOR PROJECT NO. 4�3'1'0.2 Ptirceo-I No, 21.9-42-012A Ac A for Tari Investors 1-11miteb, Partneuship Pa 8 of E.