HomeMy WebLinkAbout10/17/2006 Blue Sheet Amber Crest Release of Assurances
TOWN COUNCIL
MEETING
INFORMATION
TOWN OF MARANA
MEETING DATE: October 17,2006
AGENDA ITEM: I. 5
TO: MAYOR AND COUNCIL
FROM: Aaron Suko, Development Engineering Division Manager
AGENDA TITLE: Resolution No. 2006-164: Relating to Subdivisions; approving a
release of assurances for Amber Crest Continental Reserve Block
17 and acceptance of public improvements for maintenance.
DISCUSSION
Approval of Resolution No. 2006-164 will release the Assurance Agreement between GMAC
Model Home Finance Corporation, a Virginia Corporation, U.S. Home Corporation, a Delaware
corporation under Trust No. 853 and Trust No. 816 and Title Security, Agency of Arizona., an
Arizona Corporation, and the Town of Marana, regarding Amber Crest Continental Reserve
Block 17 as depicted on Exhibit A. Amber Crest Continental Reserve Block 17 is comprised of
lots 1 through 123 and Common Areas 'B', 'D' and 'E'.
In releasing said Assurance Agreement, the Town of Marana will accept for maintenance,
including regulatory traffic control signs and street signs, approximately 1.09 miles of the
following paved streets:
Faded Leaf Drive
Lost Bird Drive
Autumn Gold Court
Fallen Petal Drive
High Branch Drive
New Season Drive
Lone Flower Drive
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 Amber Crest Continental
Reserve Block 17 and accept the public improvements for maintenance.
SUGGESTED MOTION
I move to approve Resolution No. 2006-164.
Amber Crest Continental Reserve Block 17 Full Release
MARANA RESOLUTION NO. 2006-164
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 Silver bell 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:
Faded Leaf Drive
Lost Bird Drive
Autumn Gold Court
Fallen Petal Drive
High Branch Drive
New Season Drive
Lone Flower Drive
Marana Resolution No. 2006-164
Page lof2
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. Bronson, Town Clerk
Frank Cassidy, Town Attorney
Marana Resolution No. 2006-164
Page 2 of2
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