HomeMy WebLinkAboutResolution 96-089 partial release of assurances in continental ranch for parcels 4, 14 and 10MARANA RESOLUTION NO. 96-89
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF MARANA, ARIZONA,
AUTHORIZING THE PARTIAL REI.EASE OF LOT 61 IN CONTINENTAL RANCH PARCEL
4 AND LOT 14 IN CONTINENTAL RANCH PARCEL 9 FROM THE ASSURANCE
AGRI~MENTS FOR COMPLETION OF PUBLIC IMPROVEMENTS BETWEEN THE TOWN
OF MARANA AND RICHMOND AMERICAN FOR PARCELS 4 AND 9.
WHEREAS, Richmond American is the owner of Parcels 4 and 9 located within the
Continental Ranch Specific Plan and has agreed to a land exchange involving the conveyance of lot
61 in Continental Ranch Parcel 4, as more particularly described in Exhibit A, and lot 14 in
Continental Ranch Parcel 9, as more particularly described in Exhibit B, to Cortaro-Marana
Irrigation District for use as irrigation well sites; and
WHEREAS, the land exchange would necessitate the release of lot 61 in Continental Ranch
Parcel 4 and lot 14 in Continental Ranch Parcel 9 by the Town of Marana from the Assurance
Agreement for the Completion of Public Improvements between Richmond American and the Town
of Marana for Parcels 4 and 9; and
WHEREAS, the partial release of assurances for the purpose of' releasing Lot 61 in
Continental Ranch Parcel 4 and Lot 14 in Continental Ranch Parcel 9 is in the best interests of the
citizens of the Town of Marana.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana
that lot 61 in Continental Ranch Parcel 4 and lot 14 in Continental Ranch Parcel 9 are released from
the Assurance Agreements subject to the following conditions:
Richmond American or its successor shall provide sufficient assurance for
completion of improvements to the lots; and
Any development of the lots other than as well sites must be reviewed and approved
by the Marana Planning Commission.
PASSED AND ADOPTED
1st day of October, 1996.
~'~aniel J. Hochuli Town Attorney
by the Mayor and Council of the Town of)M, aran~ P,~ona, this
Mayor ED HONEA
Maran~ Arizona Resolutlo~ No.96-g9 Page 1 of l