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HomeMy WebLinkAboutResolution 2006-164 release of assurances for amber crest continental reserve block 17 F. ANN RODRIGUEZ, RECORDER RECORDED BY: CKB DEPUTY RECORDER 8046 PEl DOCKET: PAGE: NO. OF PAGES: SEQUENCE: SMARA TOWN OF MARANA ATTN: TOWN CLERK 11555 W CIVIC CENTER DR MARANA AZ 85653 RES 12914 319 3 20062030097 10/20/2006 11: 15 MAIL AMOUNT PAID $ 8.00 , I ......J 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 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 Horne Finance, a Virginia Corporation, U.S. Horne 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. Horne 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 Horne Finance Corporation and U.S. Horne 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 iU ,J, 1:'l: 1 t~1 n !] :~~: .. ,~, l~:::!i MaranaResolution No. 2006-164 Page 1 of 2 .3 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. ~"? "~,/ /J A' _" ~\,'UH1" . /~ ~ OF ~ ~ S~~\\,"m",,,:j:l ~ Mayor Ed one. 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