HomeMy WebLinkAboutResolution 98-074 release of assurance for continental ranch parcel 23MARANA RESOLUTION NO. 98-74
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA,
AUTHORIZING THE RELEASE OF LOTS 1 THROUGH 74 AND COMMON AREAS A, B,
AND C LOCATED IN CONTINENTAL RANCH PARCEL 23 FROM THE ASSURANCE
AGREEMENT WITH DEL WEBB' S COVENTRY HOMES OF TUCSON, INC., UNDER TRUST
NO. 4709, AND FIRST AMERICAN TITLE, FOR COMPLETION OF PUBLIC
IMPROVEMENTS AND ACCEPTiNG FOR TOWN MAINTENANCE DESIGNATED STREETS
WITHIN THE SUBDIVISION.
WHEREAS, the Town has previously entered into an Assurance Agreement with Del Webb's
Coventry Homes of Tucson, Inc., under Trust No. 4709 (Del Webb), and First American Title, for
completion of public improvements on Lots 1 through 74 and Common Areas A, B, and C in
Continental Ranch Parcel 23; and
WHEREAS, Del Webb has fulfilled its obligation under the Assurance Agreement for Lots
1 through 74 and Common Areas A, B, and C in Continental Ranch Parcel 23, as mom particularly
described in Figure 1, attached hereto and incorporated herein by this reference, and now desires that
these lots be released from said Assurance Agreement; and
WHEREAS, Del Webb and the Town desire to affirm responsibility for future maintenance
of public improvements and streets located within the subdivision; and
WHEREAS, the release of assurances for the reasons set forth above and the affirmation of
responsibility for maintenance of public improvements and streets 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
as follows:
Lots 1 through 74 and Common Areas A, B, and C in Continental Ranch Parcel 23
are released from the Assurance Agreement subject to the following condition:
Private drainage easements and private landscape easements located within
the released lots will be satisfactorily maintained by the Continental Ranch
Community Association or its successor.
Marana, Arizona Resolution No. 98-74 Page I of 3
2. The Town accepts for maintenance 0.63 miles of the following paved streets:
a. Bodie Road
b. Scout Road
c. Palladin Road
d. Peace Pipe Road
e. Sugar Foot Drive
f. Corso Del Salto
g. Brave Drive
The Town accepts for maintenance various other public improvements as agreed
between the parties.
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
15th day of September, 1998.
Mayor O1~ MAI~ HARN/
TOw.~n Cle ~~
APPROVED AS TO FORM:
· '-"-"D"~iel J. Hochuli Town Attorney
Marana, Arizona Resolution No. 98-74 Page 2 of 3
LOCATION MAP
Continental Ranch Parcel 23
Lots I through 74
500 1000 Feet
~ 10/98, Planning &Zoning Dept., ~IS Division