HomeMy WebLinkAboutResolution 2000-010 ina road model home centerMARANA RESOLUTION NO. 2000-10
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA,
AUTHORIZING THE RELEASE OF THE SUBSTITUTE ASSURANCE AGREEMENT
BETWEEN BAV PROPERTIES, LLC, AEV PROPERTIES, LLC, SHEI~TZER PROPERTIES,
LLC, NJS PROPERTIES, LLC, IRS PROPERTIES, LLC, JASON S. SHENITZER
PROPRERTIES, LLC, and WV, LLC, FIRST AMERICAN TITLE COMPANY, A CALIFORNIA
CORPORATION, AND THE TOWN.OF MARANA FOR BLOCKS 1-9, AND ACCEPTING FOR
MAINTENANCE CERTAIN PUBLIC IMPROVEMENTS IN INA ROAD MODEL HOME
CENTER.
WHEREAS, Ina Road Model Home Center is a subdivision located west of I-10, north of
Ina Road, containing Blocks 1-9, and is recorded at the Pima County Recorder's Office in Book 51
of Maps and Plats, Page 85; and
WHEREAS, the Town has previously entered into a Substitute Assurance Agreement with
BAV Properties, LLC, AEV Properties, LLC, Shenitzer Properties, LLC, NJS Properties, LLC, IRS
Properties, LLC, Jason S. Shenitzer Proprerties, LLC, and WV, LLC, (beneficiaries) under Trust No.
4829 and First American Title Insurance Company, a California Corporation (trustee), recorded in
the Pima County Recorder's Office at Docket 11095, Page 1162, assuring the completion of public
improvements; and
WHEREAS, BAV Properties, LLC, AEV Properties, LLC, Shenitzer Properties, LLC, NJS
Properties, LLC, IRS Properties, LLC, Jason S. Shenitzer Proprerties, LLC, and WV, LLC, have
fulfilled their obligations under the Substitute Assurance Agreement for Blocks 1-9 and have
requested to be released fi.om the Substitute Assurance Agreement; and
WHEREAS, the release of assurances for the reasons set forth above and the affirmation of
responsibility for maintenance of public improvements is in the best interest of the residents of the
Town of Marana.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council ofthe Town of Marana
as follows:
.
BAV Properties, LLC, AEV Properties, LLC, Shenitzer Properties, LLC, NJS
Properties, LLC, IRS Properties, LLC, Jason S. Shenitzer Properties, LLC, and WV,
LLC, are hereby released from the Substitute Assurance Agreement subject to the
following conditions:
Marana, Arizona Resolution No. 2000-10
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,
Private drainageways, private easements and private sewers will be owned
and maintained by each and every block owner within the subdivision.
The Town accepts for maintenance a 10 foot public utility easement adjacent to
blocks 1-7 and a 15 foot by 15 foot public utility easement adjacent to block 1, block
5 and block 6.
Star Commerce Way was accepted for maintenance with Resolution No. 97-79 dated
August 5, 1997.
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
18t~ day of January, 2000.
ATTEST:
ocelyn C "' ntzcyf'5'
APPROVED AS TO FORM:
D~..~I J. H och~i }
As Town AttomL~y'and not personally
Mm'ara, Arizona Resolution No. 2000-10
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