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HomeMy WebLinkAboutResolution 2016-033 Acquisition & Settlement Agreement Matthews Investment GroupF. ANN RODRIGUEZ , RECORDER Recorded By: LW DEPUTY RECORDER 41 SMARA TOWN OF MARANA PICKUP V � Q �R1ZQ� 1 111111 VIII VIII VIII VIII VIII VIII Inn VIII VIII VIII VIII I I I I I I II SEQUENCE: 20161130033 NO. PAGES: 12 RES 04/22/2016 9:42:94 PICK UP AMOUNT PAID: MARANA RESOLUTION NU. 201.6 -033 RELATING TO PUBLIC WORKS; APPROVING AND AUTHORIZING THE TOWN ENGINEER TO EXECUTE AN ACQUISITION AGREEMENT & ADMINISTRA- TIVE SETTLEMENT AND ALL OTHER DOCUMENTATION NECESSARY FOR THE PURCHASE OF PROPERTY RIGHTS NEEDED FROM MATTHEWS INVESTMENT GROUP, L.L.C. FOR THE TANGERINE CORRIDORITANGERINE 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 Peaks to La Canada Drive, Town of Marana Project No. ST021, (the "Tangerine Road Proj ect "); and WHEREAS the Town of Marana needs to acquire property rights from Matthews Investment Group, L.L.C. 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 Matthews Investment Croup, L.L.C. 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 Matthews Investment Group, L.L.C. for the Tangerine Road Project. PASSED AND ADOPTED BY THE MAYOR AND COtTNCIL OF THE rI'��WN O1i MARANA, ARIZONA, this 5th day f April, 2016. Y p � .� /V 1 " 9 MARANA Mayor Ed nea ATTEST. 3 API'ROV � AS TO FORM; Y' T� J celyn C. onson, Town Clerk Frc k C s'dy; Tow t rney 00045741.DOCX I1 Marana Resolution No. 2016 - 033 9 3/14/2016 9 :20 AM FJC $10.50 ii .,:, EXHIBIT A E N GJ N..E ERIN G. D E PA R T M E N T ACQUISITION AGREEMENT &ADMINISTRATIVE SETTLEMENT .......... ... This. A is made b and between The Matthews Investment Group :.LLC on Arizona limited • iilt cornOner., and he T6n. M.arana, f:. n mu . n . c ( "T a Arona own p l orortion 1, Propett and Ac Amount, owns the propert described in 'instrument .recorded on Au 18,2006,. in. Docket. 1.2871 at Pa .543 in the Plea. bount Recorder's Offico, includin .011 improvements-. 'located thereon ( the "Propert The Town has determined the, need to ac I V I f 14fle to p. WI *c ri of*-w. �(the 'Ac Area" I -o t . tt � p ceedin to a q ure the I described in Exh b't "A".. In. liev. f: ou 170 c i I Ac -Area eminent domain, the Owner a to Sell and the Town- a to ac fee title to the AiQ. Area for the total Sum of. $110,000.00 ( the "Revised Ac Amount") sub to the terms and conditions set forth below: $110,000,00 Revised Ac Amount $4. Estimated Closin Gosts s .. . . ......... Tota.[Not to Exceed Amount 2. RJ'sk ofLoss for Dama to Improvements.. The Owner shall be, responsible for the risk ,of. loss for an and a.11 dama to the improvements rnprovements located on the Ac Area prior to Closel of escrow. 3, Warrant Deed Document. Upon execution of this A the Owner shall deposit with the Town a Warrant Deed Conveying to the Town title to the Ac Area free and clear of all liens and encumbrances. 4. No. Salva The own .e.r shall not salva or remove an fixtures, improvements, ve located within the Ac -Area. Personal propert ma be removed prior to close of escrow, 5, Escrow aM.Prorations, T Ac Amount shall be paid in full at closin ( a ) The 4 4 lar costs of cl sin shall be used for prorat M date 0 1 tion of rents, propert taxes and other 1 1 (b) assessments 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 the size of the Ac Area. Taxes will be prorated based upon the proportion of the Ac Area to the Owner's e ass parcel. 6, Securit Interest. Monies pa under this A ma be due holders of notes secured b mort or deeds of trusts ( "Lienhoiders "), up to and includin the total amount of unpaid principal, interest and penalt Those sums shall, upon demand, be paid to t - he: Lienholders. Owner shall. obtain from the Lienholders releases for an fee transfer and consents for an transfer of an easement for the Ac Area, T, Possession and Gl.osln Poss e ssion of the Ac Area shall be g iven to the Town at the date of closin closin shall be on or before the later of ( a ) 45 da after the date this A is b Marana Ma and. Council or (b) 45 da -after receipt of a.1.1 necessar releases or consents from an Lien.holder. 8, lEnvi.ronmenta.1 Representations. The Town and the Owner a that nelther part is 1 1fi1 -ns"n from the assumin an obli of the other part relatin to an potential flab't a I g environmental condi of the Ac Area.. Each part shall remain res,ponsible for its obli g ations as set forth b law, The Owner hereb represents and warrants that, to. the best of owners :knowled no pollutants., contain ina'nts:, toxic or hazardous substances, wastes or materials have been stored, used or located on the Propert or within. an surface or Subsurface waters. thereof, that no and r tanks have been located on the Propert that the Propert is in compliance with all Federal,,. state and local e.nvironmental-laws., re and ordinances; and that. no l m e action of an kind has been cot or th . r.eatened With respect to the Propert 9. EhVironm . ental In4pectio-n Ri The. -Owner shall P ermit the Town to conduct such inspections nspections of the. Propert y - the Town deems necessar to determine t he environmental as condition of the Acquisition Area.. If environmental inspections do. not specifical identif .contamination but indicate a potential for contamination and recommend further testin or in fion c 1. the parties hereb a to extend the date of closin to -at l.ea 30, da after the r . e . port for such additional tos-fin or inspection is completed on behalf .of T6w'n, If an environmental inspection revea1s the presenc of contamination or the n.e.ed to co nd uct env . ironmental clean-up., the Owner shall rein edlate all contamination within the Ac .Area ade to brin it. int co pfia.n w ith all applicable Federal, State or local environmental re prior to Closin or the Town ma terminate this a 10. No Leases. The Owner warrants that there are no oral or written leases on all or an portion of the Ac Area. 11. Brokers commission. No broker or finder has been used and the Town shall owe no brokera or finders' fee related to this transaction. The Owner has sole responsibilit to pa all brokera or finders' fees to any . a emplo 1.2. Closin Costs. Expenses in6dental to transfer of title, includin title reports, recordin fees, escrow fees, releases and Owners Title Insurance Polic shall be paid b the Town., 13, Ri of Entr This a g rants th.e Town, its emplo a and cons'ultants, 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,, 14. No Sate, Owner shall not sell or encumber the Ac Area prior to close of escrow, 15. Conflict of . Interest. This A is sub to K.R.S. § 38-511 which provides for cancellation of contracts b the Town of Marana for certain conflicts of interest. 16. Survival of Representation and Warrant*ies, All representations and warranties contained herein shall survive close of es.crow. 1 . En e ment. hs n um 1 1 1 constitute the entire A between .t"'r A T' s* docent shall the:parties. No modification or -amend ment to th's A shall be bindin unless in writin and si b both part'e The I S performance of this A constitutes the entire consideration b the Town, 'nclud� t compensation for the Ac Area and I f. ....in jus,- severance dama to an remainder propert and shall relieve the Town of all further abli or clairri relatin to Prop x 1 1 18., E h*bfts. An exhibit attached t th' A o is g reement shall be deemed to be incorporated b reference with the same force and effect if fur set forth in the bod of this. A 101 Compromise :and Seftlement. T rti The paes to this A acknowled that the u .Ac ..I i isr fi Amount is not necessaril m . arket value, but was a throu compromise q . ion and set ti. ement to a void liti 20. :cOun Approval. This A is sub to approval b the Town Council of the Town of'Marana. The Matthews Investment.Group LLC,::an Arizona 'limi.ted liabilit com.pan B y ----- ---- -- --- William Matthews Town of Marana, an Arizona municipal co Keith Brann, PE. C M Town En it's,, Can r B c j N Joel M matthOws Date.- Approved as to form: M . . eir Frank Cassid Town Attorne ant t Y -hh7e It's.: Man STA17-E nO'F'-. Count 6f. The fore instrument was acknowled before me Chi's t'..a Of 2016 b )6Lfi m Matthews as manffl.g[ � 3 of The Matthews Investment Group LLC., an Arizona limited liabilit compan on behalf of the compan in Witr .Whereof, I have set m hand and official seal., 191 NA N11 NAH� 'Or� Pu-blic a vona Art Nt PU.bl*tc Varfcop Count my �c OMMISSion Expires Aprit 15, 20 1 STATE I F Coun.t Y of The foregoin Jjn'§trument was cknowled before. r ho this... �a. --- -- --------- -- 201.6 b Mafthews as Mana r of' The Matthews Investment Group LLC, an Arizona limited liabilit compan on behalf of the compan in Witness: Wh.ereof, I have set m hand and .official seal. SEAL MOLN A F3 Notar pt I Ar ona iZ marfoop Count Y�,/Ommj <on Exp, Aprij 201 S TAT 0... Cobntv Of ......... .. Notar Public re e-me s a of Thefo instrument was acknowled bef or thi 201 y Clint W. - M as of The Matthews. Investment. Group LI-Q, an Arizona .finted liabi compan on behalf of the compan In Witness Mhereof.] have set mv hand and official seal, ��CATERIN-A MOLNAR C Arlzona . . . . . . . . . ....... NO(ZirY PUN( o4 W10GO.Pa County m CUMM!ss'lon Expires Apr -15, 2018 M,-Ruana Ma Council Ap-pvc),ed, .S 34 MIS IRA,3f -FANGER1 ....... ........ . 21947-012 '0 F a(c el NO, 4 17-0-112F, 21 9�47-0 1 IiB Nd5ar`yPublic wiuion No.-2014-089, Dated Oct, 7i 2-0414 NF ROAD CORRIDOR PROJECT NO. ST-021 .. ................. ............ co,iDisiflon A fc,)2r, 1"he, Matthew Investi-nent Group ;LL C a 4 of 5 A i This pa -i n ten left blank i4 J ............. .......... ............ i..? E ... { .r 4. i ;` � .i `z �' ° `s# ii 3� ' 5r �5. .. 5M1 t (0 c.�i t vc 4 .Pa 5 of .5 Jul 2015 EXHIBIT "W' RIGHT-OF-WAY PIMA COUNTY TAX PARCEL 219"47-0158 Th. of the property described In Docket 12871.. pa S43, recorded In the Pima Count Recorder's : Office, Pima Count Arllzona,, located . In the southeast q uarter of5ection B4, To I.A. South, Ran 13 East, (311a and Salt River Meridian, Pima Cotinty, Arlzona� lying south of a line that lies 1 50.00 feet north of and parallel w1th th south line of sal.dsection, SECONDARILY descrtbed as follows DEGINNING:at the southwest corner of said prloperty,, upon the north right"Oof-wa of Tanger(ne Road; THENCr-.- U- the , west fin e. of said propert N orth 0 de 30 M Inutes 40 secon West, a tance of feet to I't n . f eet north of end parallel with the south fln&of said d1s ..99,82 a e 150 00 southeast q uarter ; THENCE; said Itne, North 89 de 24 minutes 02 seconds'East, a:411stance of 279,3.5, feet to the east tine of said propert THENCE.up-on said tast line, South 04e minutes 42 seco. ds Eastr a distance of 99,,84 feet to the :southeast corner of said propert an-4. said north ri TH ENCE Upon the south prop rt line of said propert and ald no rth -right-of-way, South 891 degrees .24 minutes 11 seconds West, a d'stance of 279,32 feet to the POINT OF BEGINNING, As. a corollar containing approximately '7f 89. s Uar'efeet, See Exfi,I'bf*t B attached here-W. Pe for the Town of Marana b PSOMAS Pr * ect No, 7TMA130101 01 X 18557 TEAGU' A Al q EXPIRES 9/30/16 RW-28 To-,\7TMA1301DI,\SURVMLE-C-jALS\RW-29,,-219-47-016D\RW-28.219-47-Ol.5B�Leg�l,RTF P I Of 2 . 2015 . .jul 301 EXH101T "A' RIGHT-OF-WAY PIMA COUNTY TAX PARCEL 219 -47 "0126 That porflon of the.p.ropert described. In Docket 1.2.871, pa 540,, recorded In the Pima County RecordeesOffice, Myna. Count Arizona, located I n the southeast q uarter of Section 34, Towaship 1.1 Sou'th'.::Range. 13 East, Gila, and Salt River Me-ridlan,'Pima Count Arizona, l south of a 111ne that lJoes 1501'.Wfeet:00.11h.. of and parallet with the sough dine of sal-45ection, SECONDARILY desulbed as follows: BEGINNING atthe.southwest corner of said propert upon the north right"of-way of Tan Rbad� THENCE up-on. . t ie 0 3 rnlnutes 40 seconds' est, a he west line of said propert Nor th Qd d1soh. ce.of-99,8.8.,_f6 to a line 150,00 feet north otand parallel Wfth the south line of Said southeast quar ter; THEVCE.,,�U.pon. s aid.lines North 89 de 24 t S 02 seconds East, a distance of 47,70 feet to minu e the east J off' said propert THENCE V-Ppn sa id cast Me, South 0 de 3o m inutes 40 seconds East, a d.istanceof 99,82 feet to the southeast corner of said p ropert y upon said north rI onsai THE up NCE d:.north ri South 89 de 20 minutes 39 seconds West a distance THENCE con'ti.040 upon sa north ri South 89 de 4 m1nutes 20.seconds West, a distance. of 67 k-o2 feet, to the P01 NT'O F B EG-1 N N I N 0# 0 0 ar c6htal I Asa C ..r 11' .1nin approximatel 34,730 s feet, see uhibit:8 attalched hereto, Prepared for fi ch e Town of Marana b PSOMAS Pro 7TMA130101 EXPIRES 9/30/16 Rw_*147.6 T,.,\7TMAI,30101\.$'URVF.Y\LE-GALS\RW-27 219-47-OIZG\RW.,27-219-47-OJ2G-Le P I of 2 E 4 a S 1. is NOTE. tlw N RY IwS it l[� I AND. DEPICTION AW SCCONDARY TO THE PRIMARY PROPERTY. K.SMIP" AND AS INCIwi DED AS A AW DEUMINING THC AREA 0' 1HE PROPER .D9S IBED. DIMSI�` SHOW ARIA A MIX1RE ' OF RECDRI)! SUMM Ada, CAM U DATA, RECORD INFORMATWN WAS COMPILEb :PROD# TOM QF IAA RIOHT—OFF- WA,Y PLAN M. 2M -007 PROJECT 140= ST021 T'A URM RDAP CDR 00k AND I U I I IN r WE OFFICE OF T PIMA CWNTY RIwCORD2, PIMA CDU'NTY ARIZONA, PARMU LY IN SM .201 n9 2t : AND: THE VESINQ VQED OF THE SUOXOT PROPERTY, EXHIBIT PIMA COUNTY TALC PARCEL 2 i —4 1)-"023A 333 E. Wetmore, Road, RIGHT OF WAY sulfle 450, Tucson, AZ 85705 SE 4, 5EC, 54, T1 1 R1 3.E RIV ER DIAN PIMA. COUNT', AZ EX.111 I �. 7TMAI 30101 DATES 7/30/20 #5 DRAWN BYE , July 1 .5 201 . EXHIBIT "W PI MA COUNTY TAX. PARCEL Z19-47-012F That. pOrt t ; property descril4ed in Docket 12871 page 537 r corded I the Pima County ecord es Office,- P[Ma County, Arizona, located in the southeast quarter of 5ection 34, To psnlp 11 -sou tn, fast, and It River er�dlan, Pima t nty, Arizona, lying south of a line that li .s 50:.0 f : t orth of and paral el ilth: the sou h.. Ii.ne M said -Section S ECONDARILY described ips falloM," BEGINNING at tbe.southwest corner of said property, upon the north right�of -way of Tangerine Road; TuEN pon:tne west. fine of said propetty, North 0 degrees 2 antes 52 seconds Walt, a tffstotkebf.99,97 feet to a .line 150,, 00 feet north of and p r f with the south line of said south east .qv rtkr; "THENCE upon Bald lne, N 0 rtn 89 degrees 24 minutes 02. �qicpn ds Flast .,:0 dls a.nee, of 362x92 feet to t el east floe of safd property; TH ENCE .upon :al d ea st dine, South 0 degrees So minutes 40 seconds West., a distance of 99,98 feet to the' southea s corn said property p .n said north r-I t +-Of ay. WHENCE• Upon -said n rth r ght of�way, South 8 degrees. 21minutes 12 seconds West, a distance. of 36195. feet to tire. POINT OF BEGINNING. As a. cur lia Moon approximately 36,266 square f�et A See Exhibi B attached hereto. prepared for the Town of Marina by PSOMAS J Project No: 7TMA13010. , TEAGUE . tv.. EXPIRES 9l30/16 RWV -26 T `TMA130101\SURVE W- 26.219.47.012F\R!- 26. 2 . -4x'=012F Legal.RTF Pg. I oft tK 0 rx 6. ulk 11f, I.AK(SL�Ht.N.L KUAV 1'/4 COR� SEC 34 (50 per BK 7� PG...83 RUt). SE 1/4 COpt SEC 34 3-1/4" AD M.KD. CALCULATED POINT "PSOMAS 1/4 S34 T1 tS RI 3E RLS - 1-8557 :201 SCALD. 1:0=6c Tw SEMDA PRI AR SCRIP - RY DMIP710N. MDWICTION ARESEC"ARY TO TK W Y PROPERTY IX 11QN AND IS, W=Db� AS. M MD TODEUMINK THE' . A10 W THC. PROPERTY DE DW . M . S1 - QNS. MOWN, ARE KMIXTURE a RECORD* SURV CALCULAI.M. DATA.. RECORD 1*WMA710N WAS C.04PIL FROM TOWN -OF )ANNA RIGHT-of-WhY.. R M Na 2013-007, PkM `.N T"ERINE ROAD C OMPOR, AND MOUE RECORM W. ITH E QMCE �`, THE PI OWN TY RECORD% PWA CWNTYt ANION Ao PAMLAKY IN SEQ, 2012296020o AND -17HE MUG DEED OF VE SUBJECT PROPERTY. p S 0 M A S TANGERINE ROAD EXHIBIT RW 26 333 E. Wefmore Road, MATTHEW S INVESTMENT GROPU LL C SE4 SEC., 34 ills R13E into 00, Tuason AZ 85705 T,O,.M, PROJECT No,4,00 ST02i 9 Tol(520) 292-2300 AP N: 219-47-012r DAM- 7/15/2015 DRAWN BY; CL EXHINT 7TMA1 301 U1 PG-2� OFm