HomeMy WebLinkAboutResolution 2006-155 release of assurances for continental reserve blocks 18, 19 and a portion of 17
I
F. ANN RODRIGUEZ, RECORDER
RE90RDED BY: M_S
DEPUTY RECORDER
1966 PE3
DOCKET:
PAGE:
NO. OF PAGES:
SEQUENCE:
12909
2783
3
20061980756
10/13/2006
16:08
MAIL
AMOUNT PAID
SMARA
TOWN OF MARANA
ATTN: TOWN CLERK
11555 W CIVIC CENTER DR
MARANA AZ 85653
RES
$ 8.00
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MARANA RESOLUTION NO. 2006-155
RELATING TO SUBDIVISIONS; APPROVING A RELEASE OF ASSURANCES FOR
CONTINENTAL RESERVE BLOCKS 18, 19, AND A PORTION OF 17 AND ACCEPTANCE
OF PUBLIC IMPROVEMENTS FOR MAINTENANCE.
WHEREAS, Continental Reserve Blocks 18, 19 and a portion of 17 is a 25.51 acre
subdivision located on Continental Reserve Loop, west of Silverbell Road, containing lots 1-102,
and common area 'A', and is recorded at the Pima County Recorder's Office in Book 58 of Maps
and Plats, Page 36; and
WHEREAS, the Town has previously entered into an Assurance Agreement with Taro
Properties Arizona I, LLC Corporation, an Arizona Limited Liability corporation (beneficiary)
and Meritage Homes Corporation an Arizona Corporation (subdivider) under Trust No. 4942
and First American Title Insurance, a California corporation, (trustee), under Trust No. 9022
recorded at the Pima County Recorder's Office at Docket 12297, Page 3817, assuring the
completion of public improvements; and
WHEREAS, Meritage Homes Corporation has completed the public improvements
acceptable to Town standards in accordance with the Assurance Agreement for Continental
Reserve Blocks 18, 19 and a Portion of 17.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of
Marana as follows:
Section 1. Continental Reserve Blocks 18, 19 and a Portion of 17 is hereby released
from the Assurance Agreement with Meritage Homes Corporation under Trust No. 9022 and
First American Title Insurance.
Section 2. The Town accepts for maintenance, including maintenance of regulatory
traffic control and street signs, 0.76 miles of paved streets for the following appurtenances, as
depicted on Exhibit A:
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A. Amber Burst Drive
B. Amber Burst Court
C. Glowing Star Drive
D. Wayward Star Drive
E. Brilliant Star Drive
F. Dimming Star Drive
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Marana Resolution No. 2006-155
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Page 1 of 2
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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 3rd day of October, 2006.
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ATTEST:
APPROVED AS TO FORM:
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Marana Resolution No, 2006-155
Page 2 of2
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