HomeMy WebLinkAboutResolution 2006-154 release of assurances for amber crest continental reserve block 17
MARANA RESOLUTION NO. 2006-154
RELATING TO SUBDIVISIONS; APPROVING A RELEASE OF ASSURANCES FOR
AMBER CREST CONTINENTAL RESERVE BLOCK 17 AND ACCEPTANCE OF PUBLIC
IMPROVEMENTS FOR MAINTENANCE.
WHEREAS, Amber Crest is a 34.23 acre subdivision located on Continental Reserve
Loop Road, west of Silverbell Road, containing lots 1-123, and common areas 'B','D', and 'E'
and is recorded at the Pima County Recorder's Office in Book 59 of Maps and Plats, Page 12;
and
WHEREAS, the Town has previously entered into an Assurance Agreement with GMAC
Model Home Finance, a Virginia Corporation, U.S. Home Corporation, a Delaware Corporation
and Title Security Agency of Arizona (beneficiary), an Arizona corporation, (trustee), under
Trust No. 853 and Trust No. 816 recorded at the Pima County Recorder's Office at Docket
12486, Page 932, assuring the completion of public improvements; and
WHEREAS, U.S. Home Corporation, has completed the public improvements
acceptable to Town standards in accordance with the Assurance Agreement for Amber Crest
Continental Reserve Block 17.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of
Marana as follows:
Section 1. Amber Crest Continental Reserve Block 17 is hereby released from the
Assurance Agreement with GMAC Model Home Finance Corporation and U.S. Home
Corporation under Trust No. 853 and Trust No. 816 and Title Security Agency of Arizona.
Section 2. The Town accepts for maintenance, including maintenance of regulatory
traffic control and street signs, 1.09 miles of paved streets for the following appurtenances, as
depicted on Exhibit A:
A. Faded Leaf Drive
B. Lost Bird Drive
C. Autumn Gold Court
D. Fallen Petal Drive
E. High Branch Drive
F. New Season Drive
G. Lone Flower Drive
Marana Resolution No. 2006-154
Page 1 of 2
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona,
this 3rd day of October, 2006.
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Marana Resolution No. 2006-154
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Mayor Ed Honea.
APPROVED AS TO FORM:
Page 2 of2
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