First American Title Named Escrow Agent for CAP Acquisition
Central Arizona Water Conservation District | State of ArizonaState · Phoenix, AZ- Disclosed value
- Seller and buyer each pay one-half of escrow agent fees and expenses; title policy issued in the full amount of the $112,500,000 purchase price
- From agendapacket
- Document date
- May 7, 2026
The 30-second brief
The proposed groundwater rights acquisition designates First American Title Insurance Company as escrow agent and title insurer for the Central Arizona Water Conservation District’s purchase from Harquahala Valley Landowners, LLC. The escrow and title services would support the $112.5 million transaction through the scheduled November 15, 2026 closing.
First American Title Insurance Company holds this financial services contract with Central Arizona Water Conservation District | State of Arizona. Its other public contracts on record include work for Housing Authority of Snohomish county and City of Brooklyn Park.
Term as filed: Through closing, scheduled for November 15, 2026, or 15 days after satisfaction or waiver of the groundwater transportation condition.
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Contract details
- Contract type
- Financial Services
- Amount
- Seller and buyer each pay one-half of escrow agent fees and expenses; title policy issued in the full amount of the $112,500,000 purchase price
- Document date
- May 7, 2026
- Term
- Through closing, scheduled for November 15, 2026, or 15 days after satisfaction or waiver of the groundwater transportation condition
- Source document
- Central Arizona Water Conservation District AgendaPacket Colorado River Discussions And Water Supply Projects 2026-05-07 (AgendaPacket)
First American Title Insurance Company's other public contracts
More Central Arizona Water Conservation District | State of Arizona contracts
Questions about this contract
Who was awarded the financial services contract by Central Arizona Water Conservation District | State of Arizona?
First American Title Insurance Company was awarded this financial services contract by Central Arizona Water Conservation District | State of Arizona, as recorded on May 7, 2026. The contract value is Seller and buyer each pay one-half of escrow agent fees and expenses; title policy issued in the full amount of the $112,500,000 purchase price.
How much is the First American Title Insurance Company contract with Central Arizona Water Conservation District | State of Arizona worth?
The First American Title Insurance Company contract with Central Arizona Water Conservation District | State of Arizona is valued at Seller and buyer each pay one-half of escrow agent fees and expenses; title policy issued in the full amount of the $112,500,000 purchase price, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Central Arizona Water Conservation District AgendaPacket Colorado River Discussions And Water Supply Projects 2026-05-07 (AgendaPacket), dated May 7, 2026 from Central Arizona Water Conservation District | State of Arizona. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First American Title Insurance Company hold?
First American Title Insurance Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Central Arizona Water Conservation District | State of Arizona currently buying?
Explore Central Arizona Water Conservation District | State of Arizona's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
