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Home My WebLink AboutProperty - Acquisitions - 902 05 Land Purchase for E-Zone Water Reservoir, Neighborhood 10, Parcel A First American Title Insurance Company 1880 East River Road,Suite 120 �;,� ,. �.; .- at' FirstiTucson,AZ 85718 Phn-(520)615-4231 �� Fax- 1-(520)529-5036 ryL Town of Oro Valley May 05, 2005 11000 N. La Canada Drive Escrow No.: 475-4458722 (jas) Oro Valley, AZ 85737 By US Mail Re: Seller: Vistoso Partners, L.L.C. Buyer: Town of Oro Valley Property:Vacant, Oro Valley, Arizona Congratulations, your escrow was successfully closed on 05/03/2005. We are enclosing various documents associated with this closing. Final HUD I or Closing Statement. Signed Settlement Statement Copy of Deed Copy of Affidavit Copy of Non-Foreign Any recorded documents to which you may be entitled, and your policy of title insurance, will follow shortly under separate cover. Thank you for working with First American Title Insurance Company. We hope we can be of service to you in the future. __ __.,://) t ,___ 41.-e--' (JC,,, . ....------ Sue Johnson for Janice Saunders 4.>>') e--7 Escrow Officer j` %I°' 0 jsaunders@firstam.com (0--2p )t) has/sad 0 cj1/4(j c- ,-- ir Ni_cLL.st _. \Irgt,„ a.N44---- J1/4, First American Title Insurance Company "de 1880 East River Road,Suite 120•Tucson,AZ 85718 Final Settlement Statement Property: Vacant,Oro Valley,AZ File No: 475-4458722 Officer: Janice Saunders/saj New Loan No: Settlement Date: 05/03/2005 Disbursement Date: 05/03/2005 Print Date: 5/3/2005, 12:38 PM Buyer: Town of Oro Valley Address: 11000 N.La Canada Drive,Oro Valley,AZ 85737 Seller: Vistoso Partners,L.L.C. Address: 1121 W.Warner Road,Suite 109,Tempe,AZ 85284 Charge Buyer Charge Buyer Credit Desc ptio>at: Seller Charge Seller Credit y � y y I Consideration: 300,000.00_ —Total Consideration 300,000.00 Deposits in Escrow: 301,123.66-Receipt No.47580385 on 05/02/2005 by Town of Oro Valley _ Subtotal: $301,123.66 Prorations: 58.39 Real Property Taxes 01/01/05 to 05/02/05 @$176.15/yr 58.39 New Loan(s): Subtotal: $0.00 Title/Escrow Char es to: 363.30 Escrow Fees-First American Title Insurance Company 776.75 Standard Owner's Policy-First American Title Insurance Company 10.00 Record Warranty Deed-First American Title Insurance COmPaJa.�_ 2.00 Record Affidavit of Property Value-First American Title Insurance CompanL 10.00 Record Partial Release/Reconveyance-First American Title — _ Insurance Company _ 10.00 Record Warranty Deed-First American Title Insurance Company 10.00 Outgoing Wire Fee-First American Title Insurance Company Subtotal: $1,182.05 _Disbursements Paid: Proceeds to Vistoso holdings,L.L.C.c/o Patricia E.Nolan 299,941.61 Subtotal: $299,941.61 Cash( From)( To)Borrower Cash( To)( From)Seller 301,182.05 301,182.05 Totals 300,000.00 300,000.00 Page 1 of 1 04/28/05 11:35 FAX 480 893 8121 .. {J 002 r.-. ,- -� First Titlecan Insurance Company : ':''•. 11180 Ensl River Road,Suite 120•Tucavr,A!13711 --0- Estimated Settlement Ster,mnenr Property: Vacant,Oro Valley,AZ File Na: 475-4458722 Otfi carr: Janice Saunders/saj New toauNo: Settle'neat Date: Disbursement Date: Print Date: 4/27/2005,5:34 PM Buyer: Town of Oro Valley Address: 11000 N.La Canada Drivc.Oro Valley,AZ 85737 Seller: Vistoso Partncrs,L.L.C. Address: 1 121 W.Warncr Road Same 109 T • AZ 85284 •I•Buyer Charge iBuyer Credit Charge Deacriptiort ., ..Seller,Char_e Seller Credit • C9naideratioa1 _ L 3 c-w ..0 ..____......_.._.._Totel Iccvl.i a-radon...:7..., •.__-_- •-._. . ......____7r~...._..I,I —.____1_..._-_.... -_-.-. _._ .. _ww ._.._.___.... .. .... .w.w_ "--- r ••••••511:i•§—'Rini PropetxT wi bi01105 TO 0•P.0.5.:/:.0i-: —.08..15/yr • .._,__ . _ __.--..—...- ..1.3 .39 ---____-•--__.,_. N I•_•• __ . YI r. _ N,r-. -.. ltla/F.acrow. Ci ,i to: 361)-61:- Fees,•F t A tcrican3j�a rns.umn�-e CiitW„M}X .,.. __________t.- __.__. ...__�.... T'77&71 iw Standard Owner's Milky-First American Tills:nausuca ._._ _--..__ .3_.___ _. 10.00 Accord Wa nyDeed »-File AmericmTide In cureace ...-- h2.6'05' t1.- CQsv Record Almiav tofPrp♦ertyw Value-Frer uYicanTitle _ ._r-. nr_w.. •-----.. n_ -- __._« Tom,-Lace Ca an r ! 10.00 I Record P Rcloase/R000nvsye nA c.-Firer riiiiican Tide rn�urarnce Cor:sety► .r_.._..w_...I..Ir w..Y►_ /wl .-.r T• r v YI IAM 10.00 } Record Warranty Deed-First Americer I'1rle Ir�uuror ce I0. ! . Ou'sie+e w7.rovce-Pint,Airwican Tido fnaur.aice .IIu. Disybur'sententaPaid. '-—._...__. -_.. _. _w... .NTI.w«.«..rr __ ..111_., Mp..__ WI Vn I• 1 — ---- ___._... 1•r000di to Vistcoo MQlciinljs,L.L.C.c/o Pfmlei�i fan 90 641.61 su tem= i 1 -----. . - ..— j -.. 3 J 1�3.6d-• Cash Q4 kro�)(.Ta)Aorrawer _ .._._.«— _ Calle(mi., [Tram)Seller4. .... .. -�.._ 1 _ 301,1a2.0.1 i 3011162.05 Tntuh 106700.00 I 7300,000.00 Notice - Thio >zetimazed Settlement Statement ie subject to changes, corrcctivns or additions et the time of final computation of the Settlement statttccent. BUYER(S): SF.1Ll t(t,): Town of Oro Valley.a municipal corporation Vistoso Partners.L.L.C.,an Arizona Limited within the State of Arizona Liability Company — — ... iid .,„„iiir."0-"""---.....___,............. By; . By: Brandon D.Wolfswinkel,Manager Pegs 1 HI'2 04/28/2005 14:50 5202295029 WATER UTILITY PAGE 02 f f Z8 2 005 1:56 PAGE 002/003 Fx server 4c saeA,a 4114011:111k ThitAitilaicin Me inSatiftee CaMpRZOT 1sso pAgidverRgad,Sails 120•Item AZER IR EitiOUSCd SettirMetlt Stat rat Property' VaCe CT°Valley]AZ Ir!e No: 475.4452722 Officer: herive Saisidershej New Laa*Mm • •. Seeder est Date Dtshrrsemeet Dade: Not : 4/211/1005,147 PM Banc; Tows of 4ca Vaflay Addre$C 11000 N.Ls CaskedaDrive,OU Valley,AZ 35737 LSell : , 'taboo%rips,LL.C. Manic 1121 W.Weinar iqe 109 AZ 14 (Blot,:ouiritekz. 1"‘,'7,'jaroditidiL...,..:,L.:_1...1:.,..Y.4,.i;,i— Oliketilitti.i.'.AdletaWit.4!it, . Colloid- :.1.: _ c"-- 3on,ocox :- ......____;,—.— ! lootoocSk S1L39 7 itratZwes.vo 1/i13 to#5n=WC 154, Y 5339 —.1:— '"---"'"-----L-------M-lireirl 14.11 1..�,IY Thidiiersel 36330 Foes- 163 Ieememeo t7an ` 14— --- --_ 776.73 S Pia - int Americas Tree 10,00 -4:ffg ►D0:4 14 comma 2210 Moat AZ13d■rh edl t •met And=ThIC map ,..... 10.00 tola .ata-Firm Adam Tide 10110 p W - Alfieri=Mk 1bes . •. ,, , 10.00 • •..• -set'a-Fist Amain-ss Tse Immemi~ --=1.... ______. rQ irtaoeo .. • -- ate- - -, 141 . 1 ■ 1 --....� Cab It Te15 Frita$dleT 301,1.• 301, E .0 Wok�..- �... 3p a0 - ''°QM Notice -- This Estimated Settlement Statement is subject to changed, co:tootiane or additiane at the time of fUaa1 canputation of the Settlement Statement. SELLER: Town of On,Vatley%a murk Qorpormt or • VIEoao Partner LLC an Arizona Limited ` L O Calumny 7 ir A ..' I " • 1 ` ��f D Je v 4.016 ,”4,21,16 EV: Brandon 0.Vikaaltinkei,Manager ) 7,;vi 40,94 ,-ADAtlAt fs TR Tot 61120 VAI-4-tY W4- r 1?y pip 1.f2 NON-FOREIGN CERTIFICATE AND REQUEST FOR TAXPAYER IDENTIFICATION NUMBER STATE OF ARIZONA } )ss. COUNTY OF PIMA } BEFORE ME, the undersigned authority, duly authorized in the state and county aforesaid to administer oaths, personally appeared Vistoso Partners, L.L.C.who after being by me duly sworn on oath, deposes and says: 1. Seller is the owner of the following described real estate("Property"): SEE ATTACHED EXHIBIT"A" 2. Section 1445 of the Internal Revenue code provides that a transferee("Buyer")of a U.S. real property interest must withhold tax at a rate of 10% of the amount realized on the disposition if the transferor("Seller") is a foreign person or corporation. Also Section 1445 requires a withholding of 28-35% in certain instances if the transferor is a domestic partnership, trust or estate, and a 10% withholding in certain instances when the transferor is a foreign shareholder, or a domestic or foreign partnership, trust or estate distributing a U.S. real property to a partner or beneficiary who is a foreign person. To inform the Buyer that withholding of tax is not required upon this transfer, the undersigned swears, affirms and certifies the following as or on behalf of the Seller: A. Seller's legal name is: Vistoso Partners, L.L.C. B. Seller's address: 1121 W.Warner Road, Suite 109,Tempe,AZ 85284 C. Seller is not a non-resident alien (if individual)or a foreign corporation, foreign partnership, foreign trust or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations). In connection with the sale or exchange of the property, you are required by law to provide First American Title Insurance Company with your correct taxpayer identification number(TIN). If you do not so provide your TIN, you may be subject to civil or criminal penalties imposed by law. D. Seller's Tax Identification Number: 20-1185870 This Tax Identification Number is being provided in connection with a real estate transaction. E. Seller is not a domestic partnership, domestic trust, or domestic estate of which gain from this sale is allocable to a foreign person who is a partner or beneficiary of such partnership, trust, or estate or is allocable to a portion of the trust treated as owned by a foreign person. F. Seller is not a domestic corporation which is a U.S. real property holding corporation distributing property to a foreign shareholder(as those terms are defined in the Internal Revenue Code and Income Tax Regulations). G. Seller is not a domestic or foreign partnership, trust or estate distributing property to a foreign shareholder(as those terms are defined in the Internal Revenue Code and Income Tax Regulations). File No.:475-4458722 Page 1 of 2 Date:April 22,2005 Initials:jas 3. The undersigned understands that this certificate may be disclosed to the Internal Revenue Service by the Buyer,and that any false statement contained herein may be punished by fine, imprisonment, or both. 4. Under penalty of perjury,I declare that I have examined this certification and to the best of my knowledge and belief it is true, correct and complete, and I further declare that I have the authority to sign this document as or on behalf of the Seller, and that the number shown on this statement is the Seller's correct TIN. 5. Seller states that this instrument is given for the purpose of inducing Town of Oro Valley,a municipal corporation within the State of Arizona,to purchase the Property and First American Title Insurance Company to insure title to the property. This affidavit is made with full understanding of the law regarding liability for any misrepresentation herein. Vistoso Partners, L.L.C., an Arizona Limited Liability Company Jr—A 86 By: Brandon D. Wolfswinkel, Manager • File No.:475-4458722Page 2 of 2 Date:April 22,2005 Initials:jas RECORDING REQUESTED BY: First American Title Insurance Company AND WHEN RECORDED MAIL TO: Vistoso Partners, L.L.C. 1121 W.Warner Road, Suite 109 Tempe,AZ 85284 DEED OF PARTIAL RELEASE AND PARTIAL RECONVEYANCE (Beneficiary) Escrow No. 475-4458722(jas) Vistoso Partners, L.L.C., an Arizona limited liability company, Beneficiary under the Deed of Trust executed by Vistoso Holdings, L.L.C., an Arizona limited liability company,Trustor, dated (not shown), and recorded April 18, 2000 in Docket/Book 11279, Page 1840, or Instrument No. 20000750595, records of Pima, Arizona, hereby releases and reconveys to the person or persons legally entitled thereto, without covenant or warranty, express or implied, all the estate, title, and interest acquired by Beneficiary under said Deed of Trust, in and to that portion of the property described as follows: PARCEL 1: NEIGHBORHOOD 10, PARCEL A E-ZONE WATER RESERVOIR That portion of the Southwest quarter of Section 26,Township 11 South, Range 13 East, Gila and Salt River Meridian, Pima County Arizona, described as follows: COMMENCING at the Southwest corner of said Section 26; Thence North 00 degrees 01 minutes 00 seconds West along the West line of said Southwest quarter, 1030.00 feet to the POINT OF BEGINNING; Thence continue North 00 degrees 01 minutes 00 seconds West, 439.04 feet; Thence South 89 degrees 58 minutes 50 seconds East, 509.43 feet; Thence South 00 degrees 01 minutes 10 seconds West, 135.00 feet; Thence South 55 degrees 01 minutes 10 seconds West, 530.00 feet; Thence South 89 degrees 59 minutes 00 seconds West, 75.00 feet to the POINT OF BEGINNING. PARCEL 2: An easement as an appurtenance to Parcel 1 above, for ingress, egress and utilities, over the West 50 feet of the South 1,030.00 feet of the Southwest Quarter of Section 26,Township 11 South, Range 13 East, Gila and Salt River Meridian, Pima County,Arizona EXCEPT any portion lying within Moore Road. The remaining property described in said Deed of Trust shall continue to be held by Trustee under the terms thereof, and, as provided therein, this partial reconveyance does not affect the personal liability of any person for payment of the indebtedness secured thereby. Initness whereof, BeneficVy has executed this Partial Release and Reconveyance this ay of N1(1 I , 20 U . Vistoso Partners, L.L.C.,an Arizona limited liability company Brandon D. Wolfswinkel,its Manager STATE OF AZ ) )ss. County of41.4144LPWWW12.4--) li personallyoIk)/ Win eOn 4before me the undersi ned Pub ca eared h . I 9 Notary , pp , personally known to me (or proved to me on the basis of satisfa ory evidence)to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) and that by his/her/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. 711bve-84 /011-41h"-- My Commission Expires: - - , - - • ' •lic / Q'OS--- ,�,,�► }�,, NOTARY PUBLIC f I V � daft',g (,.. • : STATE OF ARIZONA - = MARICOPACOUNTY ' 441 9 KARLA WILSON • My Commissior:Expires Nov.28,2005 RECORDING REQUESTED BY: First American Title Insurance Company AND WHEN RECORDED MAIL TO: WARRANTY DEED Escrow No. 475-4458722(jas) For the consideration of TEN AND NO/100 DOLLARS, and other valuable considerations, I or we, Vistoso Holdings, L.L.C.,an Arizona limited liability company, the GRANTOR does hereby convey to Vistoso Partners, L.L.C.,an Arizona limited liability company,the GRANTEE the following described property situate in Pima County,Arizona: SEE EXHIBIT"B" ATTACHED HERETO AND MADE A PART HEREOF Subject To: Existing taxes, assessments, covenants, conditions, restrictions, rights of way and easements of record. And the GRANTOR binds itself and its successors to warrant the title as against its acts and none other, subject to the matters set forth. Pursuant to A.R.S. 11-1134, this Deed is Exempt from Affidavit of Property Value by B-1 This Warranty Deed is being recorded to Consumate that certain Option to Purchase between the parties, as disclosed by Memorandum recorded April 18, 2000 in Docket 11279, Page 1795. DATED: April 14, 2005 Vistoso Holdings,L.L.C.,an Arizona limited liability company By: Central a. • Osborn Properties,Inc.,an Arizona corporation, i Manage ), By: v► Pa' icia E. N' an, its President A.P.N.: 219-22-4220 Escrow No.475-4458722 WARRANTY DEED-CONTINUED STATE OF AZ ) )ss. County of //2Jcop4 ) On &AJL. 45- , before me, the undersigned Notary Public, personally appeared Patricia E. Nolan,as President of Central and Osborn Properties,Inc.,an Arizona corporation,the Manager of Vistoso Holdings, L.L.C.,an Arizona limited liability company, personally known to me(or proved to me on the basis of satisfactory evidence)to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same In his/her/their authorized capacity(ies)and that by his/her/their signature(s) on the instrument the person(s)or the entity upon behalf of which the person(s)acted, executed the instrument. WITNESS my hand and official seal. / My Commission Expires: Notary Public ;;1 r, PATRICIA MELOSERDOFF �. . r Notary Public-Arizona MARICOPACOUNTY My Commission Expires 4 DECEMBER 7,2008 Exhibit B Legal Description: PARCEL 1: PORTION OF NEIGHBORHOOD 10, PARCEL A E-ZONE WATER RESERVOIR That portion of the Southwest quarter of Section 26,Township 11 South,Range 13 East,Gila and Salt River Meridian, Pima County Arizona,described as follows: COMMENCING at the Southwest corner of said Section 26; Thence North 00 degrees 01 minutes 00 seconds West along the West line of said Southwest quarter, 1030.00 feet to the POINT OF BEGINNING; Thence continue North 00 degrees 01 minutes 00 seconds West,439.04 feet; Thence South 89 degrees 58 minutes 50 seconds East,509.43 feet; Thence South 00 degrees 01 minutes 10 seconds West, 135.00 feet; Thence South 55 degrees 01 minutes 10 seconds West,530.00 feet; Thence South 89 degrees 59 minutes 00 seconds West, 75.00 feet to the POINT OF BEGINNING. RESERVING UNTO THE GRANTOR(S),as easement for ingress,egress and utilities,over the following strip of land: That portion of the Southwest quarter of Section 26,Township 11 South, Range 13 East,Gila and Salt River Meridian, Pima County,Arizona,described an follows: COMMENCING at the Southwest corner of said Section 26; Thence North 00 degrees 01 minutes 00 seconds West along the West line of said Southwest quarter, 1,030.00 feet to the POINT OF BEGINNING Thence continue North 00 degrees 01 minutes 00 seconds West,439.04 feet; Thence South 89 degrees 58 minutes 50 seconds East, 50.00 feet; Thence South 00 degrees 01 minutes 00 seconds East,439.01 foot; Thence South 89 degrees 59 minutes 00 seconds West,50.00 feet to the POINT OF BEGINNING. PARCEL 2: An easement as an appurtenance to Parcel 1 above,for ingress,egress and utilities,over the West 50 feet of the South 1,030.00 feet of the Southwest Quarter of Section 26, Township 11 South, Range 13 East,Gila and Salt River Meridian, Pima County,Arizona Page 1 of 2 EXCEPT any portion lying within Moore Road. Page 2 of 2 Recording Requested by: First American Title Insurance Company When recorded mail to: Town of Oro Valley 11000 N. La Canada Drive Oro Valley, AZ 85737 WARRANTY DEED File No.475-4458722(jas) For the consideration of TEN AND NO/100 DOLLARS, and other valuable considerations, I or we, Vistoso Partners, L.L.C., an Arizona Limited Liability Company, the GRANTOR does hereby convey to Town of Oro Valley,a municipal corporation within the State of Arizona, the GRANTEE the following described property situate in Pima County,Arizona: SEE EXHIBIT"B" ATTACHED HERETO AND MADE A PART HEREOF Subject To: Existing taxes, assessments, liens, encumbrances, covenants, conditions, restrictions, rights of way and easements of record. And the GRANTOR binds itself and its successors to warrant the title as against its acts and none other, subject to the matters set forth. DATED: April 14, 2005 Vistoso Partners, L.L.C., an Arizona Limited Liability Company ZS' c/it• By: Brandon D. Wolfswinkel, Manager A.P.N.: 219-22-4220 Warranty Deed - continued File No.: 475-4458722(jas) STATE OF aAtirtirt )ss. County of } On ii.A gp-S-1 .?0-03- , before me,the undersigned Notary Public, personally appeared Vis ;so Partners, L.L.C.,an Arizona Limited Liability Company, personally known to me (or proved to me on the basis of satisfactory evidence)to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies)and that his/her/their signature(s) on the instrument the person(s)or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. titit4 My Commission Expires: Notary Public Ell, RY PUBLICOF ARIZONAPA COUNTYA WILSONes Nbv,2,2008 Exhibit B Legal Description: PARCEL 1: PORTION OF NEIGHBORHOOD 10, PARCEL A E-ZONE WATER RESERVOIR That portion of the Southwest quarter of Section 26,Township 11 South,Range 13 East,Gila and Salt River Meridian, Pima County Arizona,described as follows: COMMENCING at the Southwest corner of said Section 26; Thence North 00 degrees 01 minutes 00 seconds West along the West line of said Southwest quarter, 1030.00 feet to the POINT OF BEGINNING; Thence continue North 00 degrees 01 minutes 00 seconds West,439.04 feet; Thence South 89 degrees 58 minutes 50 seconds East, 509.43 feet; Thence South 00 degrees 01 minutes 10 seconds West, 135.00 feet; Thence South 55 degrees 01 minutes 10 seconds West,530.00 feet; Thence South 89 degrees 59 minutes 00 seconds West,75.00 feet to the POINT OF BEGINNING. RESERVING UNTO THE GRANTOR(S),as easement for ingress,egress and utilities,over the following strip of land: That portion of the Southwest quarter of Section 26,Township 11 South,Range 13 East,Gila and Salt River Meridian,Pima County,Arizona,described an follows: COMMENCING at the Southwest corner of said Section 26; Thence North 00 degrees 01 minutes 00 seconds West along the West line of said Southwest quarter, 1,030.00 feet to the POINT OF BEGINNING Thence continue North 00 degrees 01 minutes 00 seconds West, 439.04 feet; Thence South 89 degrees 58 minutes 50 seconds East, 50.00 feet; Thence South 00 degrees 01 minutes 00 seconds East,439.01 foot; Thence South 89 degrees 59 minutes 00 seconds West,50.00 feet to the POINT OF BEGINNING. PARCEL 2: An easement as an appurtenance to Parcel 1 above,for ingress,egress and utilities,over the West 50 feet of the South 1,030.00 feet of the Southwest Quarter of Section 26, Township 11 South, Range 13 East,Gila and Salt River Meridian, Pima County,Arizona Page 1 of 2 EXCEPT any portion lying within Moore Road. Page 2 of 2 AFFIDAVIT OF PROPERTY VALUE { 1. ASSESSOR'S PARCEL NUMBER(S)(primary parcel number): 9. FOR OFFICIAL USE ONLY:Buyer and Seller leave blank Primary Parcel: 219-22-4220 - BOOK MAP PARCEL SPLIT LETTER (a) County of Recordation: _ Does this sale include any parcels that are being split/divided? (b) Docket&Page Number: Check one: Yes [x No 0 {c) Date of Recording: (d) Fee/Recording Number: How many parcels,other than the Primary Parcel,are Validation Codes: included in this sale? 0 _____01...._ASSESSOR: ._... ...� (f�_DOR_,_.....___.•__... ••_______.._____.....__.__. Please list the additional parcels below(no more than four): ASSESSOR'S USE ONLY (1) (3) _ Verify Primary Parcel in Item is - - - (2) (4) Use Code: Full Cash Value:$ 2. SELLER'S NAME AND ADDRESS: 10. TYPE OF DEED OR INSTRUMENT(Check Only One Box): Vistoso Partners,L.L.C. a. x Warranty Deed d Contract or Agreement 1121 W.Warner Road,Suite 109 b. Special Warranty Deed e I Quit Claim Deed Tempe,AZ 85284 c. _ Joint Tenancy Deed f, Other 3. (a)BUYER'S NAME AND ADDRESS: Town of Oro Valley _ 11.SALE PRICE: 1 300,000 1 00 i 11000 N.La Canada Drive 12.DATE OF SALE(Numeric Digits): 04/05 Oro Valley,AZ 85737 Month Year (For example: 03/05 for March 2005) _ (b)Are the Buyer and Seller related: Yes No x 13.DOWN PAYMENT: 300 000 If yes,state relationship: $ 00 4. ADDRESS OF PROPERTY: 14.METHOD OF FINANCING: e.j New loan(s)from Vacant Financial institution: Oro Valley,AZ a.J x I Cash(100%of Sale Price) (1) I I Conventional 5. MAIL TAX BILL TO: b.I I Exchange or trade (2) [ I VA Town of Oro Valley c.n Assumption of existing loan(s) (3) n FHA 11000 N.La Canada Drive f.nOther financing;Specify: Oro Valley,AZ 85737 _ d.n Seller Loan(Carryback) 6. PROPERTY TYPE(for Primary Parcel): NOTE: Check Only One Box 15. PERSONAL PROPERTY (see reverse side for definition): a Lnx Vacant Land f. I I Commercial or Industrial Use (a) Did the Sale Price in Item#11 include Personal Property that b ri Single Family Residence g I x 1 Agricultural Impacted the Sale Price by 5%or more? Yes Nox c. El Condo or Townhouse h f 1 Mobile or Manufactured Home (b) If Yes,provide the dollar amount of the Personal Property: d [l 2-4 Plex 1. n Other Use,Specify: $ 0 _ 00 AND e. n Apartment Building briefly describe the Personal Property: 16.PARTIAL INTEREST: If only a partial ownership interest is 7. RESIDENTIAL BUYER'S USE: If you checked b,c,d,or h in Item 6 above. please check one of the followina: being sold,briefly describe the partial interest: r-----iTo be occupied by owner or' lTo be rented to someone other 17.PARTY COMPLETING AFFIDAVIT(Name,Address, Phone): family member." 1 than"family member." First American Title Insurance Company 1880 East River Road,Suite 120 See reverse side for definition of a"family member." Tucson,AZ 85718 8. NUMBER OF UNITS: 4754458722 (jas) Phone (520)615-4231 For Apartment Properties,Motels,Hotels, 18. LEGAL DESCRIPTION (attach copy if necessary): Mobile Home Parks,RV Parks,Mini-Storage Properties,etc. SEE ATTACHED EXHIBIT"A" THE UNDERSIGNED BEING DULY SWORN,ON OATH; AYS THAT THE FOREGOING INFORMA ON IS RUE AND C RE , z A •:ENT THE FACTS PERTAINI O TH r FER OF THE ABOVE DESC D PROPERTY. - . 4,, Signatur Seller/ n Signature Rf B'er/Agent State of ,County of State of T L. ,County of I.yCi ._ Subscribe an orn to before e on this Subscribed and sworn to before me o _tbis 075`M day of / 1 f O a (3/i d day of (�, ,Cz f Notary Public �� - silts'I---- Notary Public .c.. .6,ii.e.--/1----.....-Ii.„-X5'.4 ._____ Notary Expiration Date /-)f-0 Notary Expiration Reproduction by First American Title Insurance 05/2003 NOTARY PUBLICF-7:7-7;', :tS,:.� -------r,,, • STATE OF ARIZONA :,_ *:-:.•`Y. .' k::,-,T.-, , MARICOPA COUNTY - .,.;F 1 r 1- ,, , ;, :'i., `' :ty�t.�.. !:.•'�}' .... r t. . 1:r �,,i 1�' +..,�v.Ji♦milt✓' WILSON ILSON f 'i :x!�i.i�,, ' �`' A .,i-;t-t Expires Nov 28 2005 V4,',,<:...-: .' ./ t r r . �� _M Cotrnrtissian Ex es � ��, C. .T Exhibit A Legal Description: PARCEL 1: NEIGHBORHOOD 10, PARCEL A E-ZONE WATER RESERVOIR That portion of the Southwest quarter of Section 26,Township 11 South, Range 13 East, Gila and Salt River Meridian, Pima County Arizona, described as follows: COMMENCING at the Southwest corner of said Section 26; Thence North 00 degrees 01 minutes 00 seconds West along the West line of said Southwest quarter, 1030.00 feet to the POINT OF BEGINNING; Thence continue North 00 degrees 01 minutes 00 seconds West,439.04 feet; Thence South 89 degrees 58 minutes 50 seconds East, 509.43 feet; Thence South 00 degrees 01 minutes 10 seconds West, 135.00 feet; Thence South 55 degrees 01 minutes 10 seconds West, 530.00 feet; Thence South 89 degrees 59 minutes 00 seconds West, 75.00 feet to the POINT OF BEGINNING. PARCEL 2: An easement as an appurtenance to Parcel 1 above,for ingress,egress and utilities, over the West 50 feet of the South 1,030.00 feet of the Southwest Quarter of Section 26, Township 11 South, Range 13 East, Gila and Salt River Meridian, Pima County,Arizona EXCEPT any portion lying within Moore Road. Page 1 of 1