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HomeMy WebLinkAboutResolution 96-084 release of assurances for sombrero peak estatesMARANA RESOLUTION NO. 96-84 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, REI.EASING THE ASSLrRANCE AGREEMENT (TRUST NO. 10,464) FOR SOMBRERO PEAK ESTATES LOTS 1 THROUGH 77 AND ACCEPTANCE OF PUBLIC IMPROVEMENTS LOCATED IN SOMBRERO PEAK ESTATES FOR MAINTENANCE. WHEREAS, a request for the release of the Assurance Agreement for Completion of Public Improvements (Trust No. 10,464) for Sombrero Peak Estates to KYS Investment Company, Inc. and C & C Construction Company for lots 1 through 77, has been presented to the Town of Marana for approval; and WHEREAS, the acceptance for maintenance of 1.5 miles of paved streets in the subdivisions known as Sombrero Peak Drive, Wade Springs Drive, Quail Ridge Drive and Wade View Drive, has been presented to the Town of Marana for approval; and WHEREAS, the acceptance for maintenance of improvements in the public right-of-way, survey monuments 43 and miscellaneous items such as regulatory traffic control signals and street signs, has been presented to the Town of Marana for approval; and WHEREAS, the release l~om the Assurance Agreement and the acceptance for maintenance of the public improvements in Sombrero Peak Estates would be in the best interest of the citizens of the Town of Marana. NOW, TI4F~REFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana that the Assurance Agreement for Completion of Subdivision Improvements (Trust No. 10,464), in Sombrero Peak Estates is released to KYS Investment Company, Inc. and C & C Construction Company for lots 1 through 77 of Sombrero Peak Estates and maintenance of the public improvements as stated above in Sombrero Peak Estates is accepted into the Town of Marana maintenance system. PASSED AND ADOPTED by the Mayor and Council of the To _wn offid~arana,,:Arjzona, this 1st day of October, 1996. -' Mayor ED HONEA AT · se APPROVED AS TO FORM: Daniel J. ~ Town Attorney Marana, Arizona Resolution No. 96-84 Page 1 of l THIS P~ CONTINENTAL RANCH UNSUBOIVIDED 26 35 33 3 PIMA JNSUBDIVIDED~ COUNTY ! i INA ROAD / TOWN 35 T-12-S 2 T-13-S