HomeMy WebLinkAboutResolution 2001-023 release of substitute assurance agreements for sunset acres IIMARANA RESOLUTION NO. 2001-23
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, APdZONA,
AUTHORIZING THE RELEASE OF THE SUBSTITUTE ASSURANCE AGREEMENT
BETWEEN K E & G HOMES, LLC, TITLE GUARANTY AGENCY OF ARIZONA, INC., AND
THE TOWN OF MARANA FOR LOTS 1-7, 9-15, 35-39 & 42, COMMON AREAS A AND B;
AND ACCEPTING FOR MAINTENANCE THE pUBLIC IMPROVEMENTS IN SUNSET
ACRES 11.
WHEREAS, Sunset Acres 11 is a 55.85 acre subdivision located north of Sunset Road, west
of Silverbell Road containing Lots 1-7, 9-15, 35-39 & 42, Common Areas A & B, and is recorded
at the Pima County R¢corder's Office in Book 53 of Maps and Plats, Page 9; and
· into a Substitute Assurance Agreement with
WHEREAS, the Town has prevmusly entered of Arizona,
K E & G Homes, LLC, (beneficiary) under Trust No. T-1324 and Title GuarantY Agency
Inc., (trustee), recorded at the Pima CountY Recorder's Office at Docket 11455, Page 1495 assuring
the completion of public improvements; and
E & G Homes, LLC, has completed the public improvements acceptable to
WHEREAS, K Sunset Acres 1I, lots 1-7,
Town standards in accordance with the Substitute Assurance Agreement for
9-15, 35-39 & 42.
· of the Town of Marana
NOW, THEREFORE, BE IT RESOLVED bythe Mayor and Council
as follows:
· inin lots 1-7, 9-15, 35-39 & 42 and Common Areas A
~t=,'Iion l. Sunset Acres 1I conta g ....... ~,-eement between K E & G
Homes, LLC under Trust ~ · - '
ce ts for maintenance, including maintenance of regulatory
Section 2. The Town ac p .... ~-- the following appurtenances,
traffic control and street signs, .6 miles oI pavea streets tut [
depicted on Exhibit A attached hereto and incorporated herein by this reference·
a. Sunset Dunes Place
b. Sunset Heights Court
c. Sunset Plaza Court
The Town accepts for maintenance public drainage easements, as depicted on
Section 3.
Exhibit A.
Section 4. Common Areas A & B, as depicted on Exhibit A, shall be owned and
maintained by an Association of Individual Lot Owners.
Marana, Arizona Resolution No. 2001-23
Page 1 of 2
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
20th day of Febmaw, 2001.
ATTEST:
APPROVED AS TO FORM2-~.
/Daniel J. Hochuli, Esq.
As Town Attorney and not personally
Mayor~l~O~BY~ , JR.
Marana, Arizona Resolution No. 2001-23
Page 2 of 2
SUNSET ROAD
37
36
35
38 39
15
14
13
12
11
10
9
COMMON AI~-A '~A'
8
2
3
4
5
6
1
AR~A MB#
TOWN OF MARANA
G[S Division
INSET
Location Map
Sunset Acres II
Lots 1 - 15, 35 - 39, 42
and Common Areas
"A" and "B"
Exhibit A
N