HomeMy WebLinkAboutResolution 2008-126 release of assurances for rancho marana 154 block 1MARANA RESOLUTION N0.2008-126
RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR
RANCHO MARANA 154 BLOCK 1 AND ACCEPTANCE OF PUBLIC IMPROVEMENTS
FOR MAINTENANCE
WHEREAS, Rancho Marana 154 Block 1 is a 154.15 acre subdivision located on Moore
Road, west of Sandario Road, containing lots 1-167, and common areas `A' through `I', and is
recorded at the Pima County Recorder's Office in Book 59 of Maps and Plats, Page 13; and
WHEREAS, the Town has previously entered into an Assurance Agreement with
Monterey Homes/Meritage Homes, an Arizona corporation and First American Title Insurance
Company, a California Corporation. under Trust No. 9106 recorded at the Pima County
Recorder's Office at Docket 12444, Page 2416 and US Homes/Lennar a Delaware Corporation
and Title Security Agency of Arizona, an Arizona Corporation under Trust No. 843 recorded at
the Pima County Recorder's Office at Docket 12444, Page 2422 assuring the completion of
public improvements; and
WHEREAS, Meritage Homes Corporation., has completed the public improvements
acceptable to Town standards in accordance with the Assurance Agreement for Rancho Marana
154 Block 1; and
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of
Marana as follows:
Section 1. Rancho Marana 154 Block 1 is hereby released from the Assurance
Agreements with Marana 154 Partnership/Marana 198 Limited Partnership under Trust No. 3240
and Stewart Title and Trust of Tucson, Meritage/Monterey Homes Corporation under Trust No.
9016 and First American Title Insurance and Lennar/US Homes under Trust No. 843 and Title
Security Agency of Arizona.
Section 2. The Town accepts for maintenance, including maintenance of regulatory
traffic control and street signs, for maintenance, approximately 2.37 miles of the following paved
streets as shown on Exhibit A:
Marana Resolution No. 2008-126
Page 1 of 2
A. Fontella Drive
B. Pocatella Drive
C. Heyburn Drive
D. Steamboat Drive
E. Wiggins Drive
F. Thomas Aaron Drive
G. Ponderay Drive
H. Wendover Place
I. Signature Place
J. Tangerine Farms Road
K. Clark Farms Boulevard
Section 3. The Town accepts for maintenance, a potable and non-potable water
system 19,310 linear feet in length,. including appurtenances, valves, water meters and fire
hydrants for the above referenced project with a value of $773,647.60.
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona,
this 7~' day of October, 2008.
~~ . ~?~` f
Mayor Ed Honea
ATTEST:
Jocel .Bronson, Town Clerk
Marana Resolurion No. 2008-126
APPROVED AS TO FORM:
1
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Page 2 of 2
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