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HomeMy WebLinkAbout10/17/2006 Blue Sheet Gladden Farms Block 3 Release of Assurances TOWN COUNCIL MEETING INFORMATION TOWN OF MARANA MEETING DATE: October 17, 2006 AGENDA ITEM: I. 3 TO: MAYOR AND COUNCIL FROM: Aaron Suko, Development Engineering Division Manager AGENDA TITLE: Resolution No. 2006-162: Relating to Subdivisions; approving a release of assurances for Gladden Farms Block 3 and acceptance of public improvements for maintenance. DISCUSSION Approval of Resolution No. 2006-162 will release the Assurance Agreement between Gladden Forest Limited Liability Corporation, an Arizona corporation and First American Title Insurance Company, a California Corporation under Trust No. 9108 and the Town of Marana, regarding Gladden Farms Block 3 as depicted on Exhibit A. Gladden Farms Block 3 is comprised of lots 1 through 81 Common Areas 'A-I' 'A-5' 'B-1' 'B-2' 'C-l' 'C-3' , , , , , , . In releasing said Assurance Agreement, the Town of Marana will accept for maintenance, including regulatory traffic control signs and street signs, approximately 0.75 miles of the following paved streets: Maize Drive Emmer Drive Quinoa Drive Barley Drive Rye Drive Minneola Drive TeffDrive The Town will accept for maintenance, a potable water system including appurtenances, valves, water meters and fire hydrants for the above referenced project. ATTACHMENTS Exhibit A - Map of streets to be accepted. RECOMMENDATION Staff recommends Mayor and Council release the Assurances for Gladden Farms Block 3 and accept the public improvements for maintenance. SUGGESTED MOTION I move to approve Resolution No. 2006-162. Gladden Farms Block 3 Full Release MARAN A RESOLUTION NO. 2006-162 RELATING TO SUBDIVISIONS; APPROVING A RELEASE OF ASSURANCES FOR GLADDEN FARMS BLOCK 3 AND ACCEPTANCE OF PUBLIC IMPROVEMENTS FOR MAINTENANCE. WHEREAS, Gladden Farms Block 3 is a 20.84 acre subdivision located on Gladden Farms Drive, south of Moore Road, containing lots 1-81, and common areas "A-I", "A-5", "B- 1", "B-2", "C-l", and "C-3" and is recorded at the Pima County Recorder's Office in Book 58 of Maps and Plats, Page 17; and WHEREAS, the Town has previously entered into an Assurance Agreement with Gladden Forest L.L.C. Corporation, an Arizona Limited Liability corporation (beneficiary) and First American Title Insurance, a California corporation, (trustee), under Trust No. 9108 recorded at the Pima County Recorder's Office at the following Dockets: Docket 12590, Page 2715 Docket 12552, Page 1574 Docket 12566, Page 3080 Docket 12537, Page 3936 Docket 12507, Page 264 Docket 12432, Page 2027 assuring the completion of public improvements; and WHEREAS, Gladden Forest L.L.C.., has completed the public improvements acceptable to Town standards in accordance with the Assurance Agreement for Gladden Farms Block 3. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: Section 1. Gladden Farms Block 3 is hereby released from the Assurance Agreement under Trust No. 9108 and First American Title Insurance. Marana Resolution No. 2006-162 Page I of2 Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, 0.75 miles of paved streets for the following appurtenances, as depicted on Exhibit A: Maize Drive Emmer Drive Quinoa Drive Barley Drive Rye Drive Minneola Drive Teff Drive Section 3. The Town accepts for maintenance, a potable water system including appurtenances, valves, water meters and fire hydrants for the above referenced project. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 17th day of October, 2006. Mayor Ed Honea. ATTEST: APPROVED AS TO FORM: Jocelyn C. 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