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HomeMy WebLinkAboutResolution 2000-113 release of assurances relating to heritage highlands 9639 SM~,KA TOWN OF M~RANA ATTN: TO~N CLERK 13251 N LON AD~/4S RD M~RANA ~Z 85653 F. ANN RODRIGU~Z, RECORDER RECORDED BY: KYG DEPUTY RECORDER ROOF DOCKET: 11422 PAGE: 1800 NO. OF PAGES: 2 SEQUENCE: 20002180574 11/09/2000 RES 16:08 M~IL AMOUNT PAID $ 8.00 MARANA RESOLUTION NO. 2000-113 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT BETVv~EEN U.S. HOME CORPORATION, FIRST AMERICAN TITLE INSURANCE COMPANY, AND THE TOWN OF MARANA FOR LOTS 1-392, COMMON AREAS A (PRIVATE STREETS), B (GOLF COURSE), C (DRIANAGE FACILIT][ES) AND D (LANDSCAPE AREAS). WHEREAS, Heritage Highlands is a subdivision located north of Moore Road, west of Dove Mountain Boulevard containing Lots 1-392, Common Areas A (Private Streets), B (Golf Course), C (Drainage Facilities) and D (Landscape Areas), and is recorded at the Pima County Recorder's Office in Book 48 of Maps and Plats, Page 3i; and WHEREAS, the Town has previously entered into an Assurance Agreement with U.S. Home Corporation, (beneficiary) under Trust No. 4699 and First American Insurance Company, (trustee), recorded at the Pima County Recorder's Office at Docket 10277, Page 1669; and WHEREAS, U.S. Home Corporation, has fulfilled its obligation under the Assurance Agreement for Lots 1-392, Common Areas A (Private Streets), B (Golf Course), C (Drainage Facilities) and D (Landscape Areas), and has requested to be released from the Assurance Agreement; and NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: Herita e Highlands containing lots 1-392 and Common Areas A (Private Streets), B g (Golf Course), C (Drainage Facilities) and D(Landscape Areas), are hereby released from the Assurance Agreements subject to the following conditions: Common Areas A (Private Streets), B (Golf Course), C (Drainage Facilities) and D (Landscape Areas), will be owned and maintained by an Association of Individual Lot Owners. All improvements within Heritage Highlands are on private property. The Town of Marana will not become responsible for maintenance nor will the Town "own" any of the improvement. 1 I 4 Page 1 of 2 Marana, Arizona Resolution No. 2000-113 /~ PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 7th day of November, 2000. ATTEST: ~2J~(.,/i, oC; ln~ iCe 'r k~ntz APPROVED AS TO FORM: ,,,..~/~aniel .I. Hoch~l, ~ssq. As Town Attorney and not personally Mayoi~30/BB/Y SUTTON, JR. 1 1 4 1 0 ! Page 2 of 2 Marana, Arizona Resolution No. 2000-113