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HomeMy WebLinkAboutResolution 97-094 assurance agreement for continental ranch parcel 28F. ANN RODRIGUEZ, RECORDER RECORDED BY: CML DEPUTY RECORDER 1951 ROOA SMARA~ TOWN OF MARANA ATTN: TOWN CLERK 13251N LON ADAMS RD MARANA AZ 85653 DOCKET: 10638 PAGE: 1864 NO. OF PAGES: 3 SEQUENCE: 97156753 RES 14:13:00 MAIL AMOUNT PAID $ 8.00 MARANA RESOLUTION NO. 97-94 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF MARANA, ARIZONA, AUTHORIZING THE RELEASE OF LOTS 1 THKOUGH 162 AND COMMON AREAS A & B IN CONTINENTAL RANCH PARCEL 28 FKOM THE ASSURANCE AGRF_EMENT WITH DEL WEBB'S COVENTKY HOMES OF TUCSON, INC. UNDEK TKUST NO. 4709 AND FIRST AMERICAN TITLE FOR COMPLETION OF PUBLIC IMPROVEMENTS AND ACCEPTING FOR TOWN MAINTENANCE DESIGNATED STREETS WITHIN ~ SUBDIVISION. WHEREAS, the Town has previously entered into an Assurance Agreement with Del Webb's Coventry Homes of Tucson, Inc. under Trust No. 4709 (Del Webb) and First American Title for completion of public improvements on lots 1 through 162 in Continental Ranch Parcel 28; and WHEREAS, Del Webb has fulfilled its obligations under the Assurance Agreement for lots 1 through 162 and Common Areas A & B in Continental Ranch Parcel 28, as more particularly described in Exhibit A, and now desires that these lots be released from said Assurance Agreement; and WHEREAS, Del Webb and the Town desire to affirm responsibility for future maintenance of public improvements and streets located within the subdivision; and WHEREAS, the release of assurances for the reasons set forth above and the affirmation of responsibility for maintenance of public improvements and streets is in the best interests of the citizens of the Town of Marana. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: Lots 1 through 162 and Common Areas A & B in Continental Ranch Parcel 28 are released from the Assurance Agreement subject to the following condition: Private drainage easements and private landscape easements located within the released lots will be satisfactorily maintained by the Continental Ranch Community Association or its successor. 2. The Town accepts for maintenance 1.2 miles of the following paved streets: Scarlet Canyon Drive Painted Sky Drive Clear Canyon Drive Sunset Mountain Drive Marant' ~[i~oaa3~°luti°n 4°~ [4 Page 1 of 2 ~? e. Mesquite River Road f. Clover Way g. Palm Canyon Drive The Town accepts for maintenance various other public improvements as agreed between the parties. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 16th day of September, 1997. TO FO~ Daniel J. Ho~ Town Attorney Mayor ORA ~ HN2/,N Page 2 of 2