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Home My WebLink About01/17/2006 Blue Sheet Harvest Moon Release of Assurances TOWN COUNCIL MEETING INFORMATION TOWN OF MARANA MEETING DATE: January 17,2006 AGENDA ITEM: 1.3 TO: MAYOR AND COUNCIL FROM: H. Thomas Gill, Jr., Director of Public Works SUBJECT: Resolution No. 2006-07: Relating to Development; approving and authorizing the release of assurances for Harvest Moon and acceptance of public improvements for maintenance. DISCUSSION Approval of this resolution will release the Assurance Agreement between u.s. Home Corporation, a Delaware corporation, under Trust No. 60,082, and Fidelity National Title Agency, Inc., an Arizona corporation, and the Town of Marana, regarding Harvest Moon as depicted on Exhibit A. Harvest Moon is comprised of Lots 1-129 and Common Areas 'A' and 'B'. The subdivision is recorded in Book 58 of Maps and Plats, Page 24, Pima County Recorder's Office, Arizona. In releasing said Assurance Agreement, the Town of Marana will accept for maintenance, including regulatory traffic control signs and street signs, approximately 0.93 miles of the following paved streets: Burning Sage Street Cotton Bale Lane Fallen Fence Lane Farm Village Drive Rodeo Land A venue ATTACHMENTS Exhibit A - map of streets to be accepted RECOMMENDATION Staff recommends Mayor and Council release the Assurances for Harvest Moon and accept the public improvements for maintenance. SUGGESTED MOTION I move to approve Resolution No. 2006-07. Harvest Moon Full Release MARANA RESOLUTION NO. 2006-07 RELATING TO DEVELOPMENT; APPROVING AND AUTHORIZING THE RELEASE OF ASSURANCES FOR HARVEST MOON AND ACCEPTANCE OF PUBLIC IMPROVEMENTS FOR MAINTENANCE. WHEREAS, Harvest Moon is a 25.73-acre subdivision located west of Lon Adams Road and north of Gladden Farms Drive, containing Lots 1-129, Common Areas A and B, and is recorded in the Pima County Recorder's Office at Book 58 of Maps and Plats, Page 24; and WHEREAS, the Town has previously entered into an Assurance Agreement with U.S. Home Corporation, a Delaware corporation, (beneficiary) under Trust No. 60,082 (subdivider) and Fidelity National Title Agency, Inc., an Arizona corporation, (trustee), recorded in the Pima County Recorder's Office at Docket 12278, Page 3184, assuring the completion of public improvements; and WHEREAS, U.S. Homes Corporation has completed the public improvements acceptable to Town standards in accordance with the Assurance Agreement for Harvest Moon. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: Section 1. Harvest Moon is hereby released from the Assurance Agreement with U.S. Home Corporation under Trust No. 60,082, and Fidelity National Title Agency, Inc. Marana Resolution No. 2006-07 Page 1 of2 Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, 0.93 miles of paved streets for the following appurtenances, as depicted on Exhibit A: a. Burning Sage Street b. Cotton Bale Lane c. Fallen Fence Lane d. Farm Village Drive e. Rodeo Land Avenue PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 17th day of January, 2006. Mayor Ed Honea ATTEST: APPROVED AS TO FORM: Jocelyn C. 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