HomeMy WebLinkAboutResolution 2002-107 release of assurance for the bluffs at dove mountainMARANA RESOLUTION NO. 2002-107
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA,
ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT
BETWEEN COTTONWOOD PROPERTIES, INC., LAWYERS TITLE OF ARIZONA, AND
THE TOWN OF MARANA FOR LOTS 240 THROUGH 247 AND COMMON AREA A, AND
ACCEPTING FOR MAINTENANCE THE PUBLIC IMPROVEMENTS IN THE BLUFFS AT
DOVE MOUNTAIN PHASE II.
WHEREAS, The Bluffs at Dove Mountain Phase 11 is a 52.052 acre subdivision located north
of Moore Road and east of Dove Mountain Blvd., containing Lots 240 through 247 and Common
Area A, as depicted on Exhibit A which is incorporated herein by this reference, and recorded at the
Pima COunty Recorder's Office in Book 54 of Maps and Plats, Page 61; and
WHEREAS, the Town has previously entered into an Assurance Agreement between
Cottonwood Properties, Inc., (beneficiary) under Trust No. 7925-T, and Lawyers Title of Arizona,
(trustee), recorded at the Pima County Recorder's Office at Docket 11556, Page 2862, assuring the
completion of public improvements; and '
WHEREAS, Cottonwood Properties, Inc., has completed the public improvements, which are
acceptable to Town standards in accordance with the Assurance Agreement for The Bluffs at Dove
Mountain Phase II.
NOW, THEREFORE, BE IT RESOLVED bythe Mayor and Council of the Town of Marana,
Arizona, as follows:
Section 1. The Bluffs at Dove Mountain Phase II, lots 240 through 247 and Common
Area A are hereby released from the Assurance Agreement between Cottonwbod Properties',
Inc., under Trust No. 7925-T, and Lawyers Title of Arizona.
Section 2. The Town accepts for maintenance, including maintenance of regulatory
traffic control and street signs, 0.1 miles of paved streets for the following streets, as depicted
on Exhibit A:
a. Cactus Terrace Place
Marana, Arizona Resolution Page 1 of 2
Section 3. Common Area A, as depicted on exhibit A, shall be owned and maintained by
the Dove Mountain Community Association.
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
1 st day of October, 2002.
ATTEST:
celynC ntz '
Town Clerk
APPROVED AS TO FORM:
~aniel J. Hoc~di~q.
As Town Attorney and not personally
I~a~TON, JR.
Marana. Arizona Resolution Page 2 of 2
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