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HomeMy WebLinkAboutResolution 98-061 release of assurance for sunset ranch estates F. ANN RODRIGUEZ, RECORDER RECORDED BY: CLB DEPUTY RECORDER 1998 ROOF DOCKET: 10860 PAGE: 165 NO. OF PAGES: 1 SEQUENCE: 19981370050 08/14/98 RES 10:12 r, I SMARA TOWN OF MARANA ATTN: TOWN CLERK 13251 N LON ADAMS RD MARANA AZ 85653 PICKUP AMOUNT PAID $ 7.00 MARANA RESOLUTION NO. 98-61 A RESOLUTION OF THE MA YOR AND COUNCIL OF THE TOWN OF MARA.1\J"A, ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT BETWEEN SCENIC FARMS DEVELOPMENT PARTNERSHIP, L.L.P. AND STEWART TITLE AND TRUST OF TUCSON FOR LOTS 1 THROUGH 30 AND ACCEPTING FOR MAINTENANCE THE PUBLIC IMPROVEMENTS IN SUNSET RANCH ESTATES. WHEREAS, Sunset Ranch Estates is a subdivision located south of Pima Farms Road and east of Scenic Drive containing Lots 1 through 30, which is 34.58 acres, and is recorded at the Pima County Recorder's Office in Book 47 of Maps and Plats, Page 18; and WHEREAS, the Town has previously entered into an Assurance Agreement with Scenic Farms Development Partnership, L.L.P., (beneficiary) under Trust No. 3523 and Stewart Title and Trust of Tucson, an Arizona Corporation (trustee), recorded at the Pima County Recorder's Office as Docket No. 10053, Page 302 assuring the completion of public improvements; and r-- WHEREAS, Scenic Farms Development Partnership, L.L.P. has completed the public improvements to the Town standards under the Assurance Agreement now requests that Lots 1 through 30 be released from said Assurance Agreement. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, authorizing the release of the Assurance Agreement between Scenic Farms Development Partnership, L.L.P., under Trust No. 3523, and Stewart Title and Trust of Tucson for Lots 1 through 30 and accepting for maintenance the public improvements in Sunset Ranch Estates. PASSED AND ADOPTED by the Mayor and Council ofthe Town of Maran a, Arizona, this 2nd day of June, 1998. M:~RN V ItE Iv? fljo~ ~l38y SUrr~1J D AS TO FORM: r ~ ff~ y c-- ~~ - ~7/~' . d-- Daniel 1. Hochuli-- 't :/ Town Attorney Marana, Arizona Resolution No. 98-61 Page 1 of 1 10860 165