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HomeMy WebLinkAboutResolution 2002-126 land exchange with arizona pavilions incMARANA RESOLUTION NO. 2002-126 A RESOLUTION TO THE MAYOR AND TOWN COUNCIL OF THE TOWN OF MARANA, ARIZONA, AUTHORIZING THE TOWN TO ENTER INTO A LAND EXCHANGE WITH ARIZONA PAVILIONS, INC. WHEREAS, the Town of Marana owns a 48 Acre District Park site in sections 34 & 35 of Township 12 South, Range 12 East; and WHEREAS, Arizona Pavilions, Inc., owns land adjacent to the Town's 48 Acre District Park site in sections 34 & 35 of Township 12 South, Range 12 East; and WHEREAS, the Town and Arizona Pavilions, Inc., desire to develop new public and private infrastructure and parks to meet the public facilities and commercial demands that are occurring as a consequence of increasing population; and WHEREAS, the Town and Arizona Pavilions, Inc., desire to develop their respective properties in as efficient a manner as possible; and WHEREAS, the Town and Arizona Pavilions, Inc., will derive the benefit of greater design and land utilization efficiency if their common boundary is more linear; and WHEREAS, the Town and Arizona Pavilions, Inc. will both retain land areas in an amount equal to their original holdings after conclusion of a land exchange initiated to establish a more linear common boundary; and WHEREAS, the Mayor and Council of the Town of Marana have determined that the land areas to be exchanged are equal in value, and that exchanging such lands is in the best interests of the Town and its residents. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Ahzona, that the Mayor is authorized to execute a Land Exchange Agreement with Arizona Pavilions, Inc., for the purposes of establishing a more linear common boundary, and convey to Arizona Pavilions, Inc. 15,111 Square feet of land in sections 34 & 35 of Township 12 South, Range 12 East. Marana. Arizona Resolution No. 2002-126 Page 1 of 2 PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 5th day of November, 2002. ATTEST: '~:;ln~ lCe 'r~nt z APPROVED AS TO FORM: Town Attorney Mayor Bobby Sutton, Jr. Marana, Arizona Resolution No. 2002-126 Page 2 of 2