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HomeMy WebLinkAboutResolution 2009-147 release of assurances for Ironwood Reserve Block 2MARANA RESOLUTION N0.2009-147 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR IRONWOOD RESERVE BLOCK 2 AND ACCEPTANCE OF PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS, Ironwood Reserve Block 2 is a 31.91 acre subdivision located north of Pima Farms Road and east of Scenic Drive ,containing lots 174-222, and common areas `I', `M', `O1' and `02' and is recorded at the Pima County Recorder's Office in Book 58 of Maps and Plats, Page 79; and WHEREAS, the Town has an assurance agreement assuring the completion of public improvements; and WHEREAS, DR Horton Inc., and has completed the public improvements acceptable to Town standards in accordance with the Assurance Agreement for Ironwood Reserve Block 2. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: SECTION 1. Ironwood Reserve Block 2 is hereby released from the Assurance Agreements with First American Title Insurance Company under Trust 9140. SECTION 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, for maintenance, approximately 0.4 miles of the following paved streets as shown on Exhibit A: • Moonfire Drive, Moonfire Court and Hidden Wash Court SECTION 3. The Town accepts for maintenance, a potable water system including 1900 if of water line, water meters, appurtenances, valves, and fire hydrants for the above referenced project with an estimated value of $99,885. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 15~' day of September, 2009. ®®t®111t~®-~~1 ee®~~F ,Q®®, ~,eo°°rrunt~,A,i®~9 s ~~ ~ . 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