HomeMy WebLinkAboutResolution 2006-054 release of assurances for continental reserve block 15
I
F. ANN RODRIGUEZ, RECORDER
RECORDED BY: M S
DEPUTY RECORDER
1966 PE3
DOCKET:
PAGE:
NO. OF PAGES:
SEQUENCE:
SMARA
.
TOWN OF MARANA
ATTN: TOWN CLERK
11555 W CIVIC CENTER DR
MARANA AZ 85653
RES
12788
3773
3
20060770843
04/21/2006
16:02
MAIL
AMOUNT PAID
$ 8.00
MARANA RESOLUTION NO. 2006-54
RELATING TO DEVELOPMENT; APPROVING AND AUTHORIZING A RELEASE OF
ASSURANCES FOR CONTINENTAL RESERVE - BLOCK 15, AND ACCEPTANCE OF
PUBLIC IMPROVEMENTS FOR MAINTENANCE.
WHEREAS, Continental Reserve - Block 15 is a 19.80 acre subdivision located east of
Continental Reserve Loop and at Pima Farms Drive, containing lots 1-66, common areas D and
E, and is recorded at the Pima County Recorder's Office in Book 58 of Maps and Plats, Page 71;
and
WHEREAS, the Town has previously entered into an Assurance Agreement with GMAC
Model Home Finance, Inc., a Virginia corporation and US Home Corporation, a Delaware
corporation (beneficiary) under Trust No. 852 and 804 (subdivider) and Title Security Agency of
Arizona, an Arizona corporation, (trustee), recorded at the Pima County Recorder's Office at
Docket 12486, Page 941, assuring the completion of public improvements; and
WHEREAS, Pulte Homes Corporation, has completed the public improvements
acceptable to Town standards in accordance with the Assurance Agreement for Continental
Reserve - Block 15; and
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of
Marana as follows:
Section 1. Continental Reserve - Block 15 is hereby released from the Assurance
Agreement with GMAC Model Home Finance, Inc. and US Home Corporation under Trust No.
852 and 804 and Title Security Agency of Arizona.
Section 2. The Town accepts for maintenance, including maintenance of regulatory
traffic control and street signs, 0.70 miles of paved streets for the following appurtenances, as
depicted on Exhibit A:
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Blue Brick Drive
Lime Star Drive
Ruby Chip Drive
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Marana Resolution No. 2006-53
Page I of 2
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. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona,
this 18th day of April, 2006.
Mayor /!'ea. ~. V-
APPROVED AS TO FORM:
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Gladden Farms - Block 11 fUll release
Page 2 of2
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