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HomeMy WebLinkAboutResolution 2006-051 release of assurances for gladden farms block 4 SMARA "TOWN OF MARANA ATTN: TOWN CLERK 11555 W CIVIC CENTER DR MARANA AZ 85653 RES 12788 3745 3 20060770831 04/21/2006 16:02 I F. ANN RODRIGUEZ, RECORDER RECORDED BY: M_S DEPUTY RECORDER 1966 PE3 DOCKET: PAGE: NO. OF PAGES: SEQUENCE: MAIL AMOUNT PAID $ 11. 00 MARANA RESOLUTION NO. 2006-51 RELATING TO DEVELOPMENT; APPROVING AND AUTHORIZING A RELEASE OF ASSURANCES FOR GLADDEN FARMS - BLOCK 4, AND ACCEPTANCE OF PUBLIC IMPROVEMENTS FOR MAINTENANCE. WHEREAS, Gladden Farms - Block 4 is a 14.91 acre subdivision located west of Lon Adams Road and north of Gladden Farms Drive, containing lots 1-47, common areas A through C, and is recorded at the Pima County Recorder's Office in Book 58 of Maps and Plats, Page 18; and WHEREAS, the Town has previously entered into an Assurance Agreement with US Home Corporation, a Delaware corporation (beneficiary) under Trust No. 844 (subdivider) and Title Security Agency of Arizona, an Arizona corporation, (trustee), recorded at the Pima County Recorder's Office at Docket 12399, Page 2548, and with Gladden Forest, L.L.c., an Arizona limited liability company (beneficiary) under Trust 30,212 (subdivider) and Fidelity National Title Company, Inc., an Arizona Corporation (trustee), recorded at the Pima County Recorder's Office at Docket 12262, Page 3142, assuring the completion of public improvements; and WHEREAS, US Home Corporation, has completed the public improvements acceptable to Town standards in accordance with the Assurance Agreement for Gladden Farms - Block 4; and NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: II :l')~t ",:. r'U'I; ,I ~~~; Section 1. Gladden Farms - Block 4 is hereby released from the Assurance Agreement with US Home Corporation under Trust No. 844 and Title Security Agency of Arizona, and from the Assurance Agreement with Gladden Forrest, L.L.C., under Trust No. 30,212 and Fidelity National Title Agency, Inc. u" 'I:~ :::r: "~ir i1* ~::I Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, 0.20 miles of paved streets for the following appurtenances, as depicted on Exhibit A: a. Coy Farms Way b. Kalamansi Drive c. Minneola Drive d. Quill Drive e. Rangpur Drive f. Satsuma Dri ve Marana Resolution No. 2006-51 Page lof2 J PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 18th day of April, 2006. MaYOr~ne~ ATTEST: APPROVED AS TO FORM: ..\",nr'",~ ~, OF M..cj ~ ~ ~~~\"'''''''''~~ ~~--:~ ~~ ~ ~ P'IcORPoRATE ~ ~ ... ,.. =: c::xx:> := - - = = - - ~SEAL;:: - -=:;~ ~~ ~.~ ~~:s ~ .., ~II"II"\\\((\ ~ ~.'~/Z. 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