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HomeMy WebLinkAbout01/17/2006 Blue Sheet Gladden Farms Block 11 Release of Assurances TOWN COUNCIL MEETING INFORMATION TOWN OF MARANA MEETING DATE: January 17, 2006 AGENDA ITEM: 1.4 TO: MAYOR AND COUNCIL FROM: H. Thomas Gill, Jr., Director of Public Works SUBJECT: Resolution No. 2006-08: Relating to Development; approving and authorizing the release of assurances for Gladden Farms Block 11 and acceptance of public improvements for maintenance. DISCUSSION Approval of this resolution will release the Assurance Agreement between Pulte Home Corporation, a Michigan corporation, under Trust No. 9021 and First American Title Insurance Company, a California corporation, and the Town of Marana regarding Gladden Farms Block 11 as depicted on Exhibit A. Gladden Farms Block 11 is comprised of Lots 1-141 and Common Areas 'A' through 'N'. The subdivision is recorded in Book 57 of Maps and Plats, Page 75, 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 0.87 miles of the following paved streets: Combine Drive Cottonseed Lane Gin Drive Harvester Drive Massey Drive A TT ACHMENTS Exhibit A - map of streets to be accepted RECOMMENDATION Staff recommends Mayor and Council release the Assurances for Gladden Farms Block 11 and accept the public improvements for maintenance. SUGGESTED MOTION I move to approve Resolution No. 2006-08. Gladden Farms - Block 11 Full Release MARANA RESOLUTION NO. 2006-08 RELATING TO DEVELOPMENT; APPROVING AND AUTHORIZING THE RELEASE OF ASSURANCES FOR GLADDEN FARMS BLOCK 11 AND ACCEPTANCE OF PUBLIC IMPROVEMENTS FOR MAINTENANCE. WHEREAS, Gladden Farms Block 11 is a 30.121-acre subdivision located west of Lon Adams Road and south of Gladden Farms Drive, containing Lots 1-141, Common Areas A through N, and is recorded in the Pima County Recorder's Office at Book 57 of Maps and Plats, Page 75; and WHEREAS, the Town has previously entered into an Assurance Agreement with Pulte Home Corporation, a Michigan corporation, (beneficiary) under Trust No. 9021 (subdivider) and First American Title Insurance Company, a California corporation, (trustee), recorded in the Pima County Recorder's Office at Docket 12173, Page 1367, assuring the completion of public improvements; and WHEREAS, Pulte Home Corporation has completed the public improvements acceptable to Town standards in accordance with the Assurance Agreement for Gladden Farms Block 11. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: Section 1. Gladden Farms Block 11 is hereby released from the Assurance Agreement with Pulte Home Corporation under Trust No. 9021, and First American Title Insurance Company. Marana Resolution No. 2006-08 Page lof2 Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, 0.87 miles of paved streets for the following appurtenances, as depicted on Exhibit A: a. Combine Drive b. Cottonseed Lane c. Gin Drive d. Harvester Drive e. Massey Drive 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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