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HomeMy WebLinkAboutResolution 2014-019 release of assurance Saguaro Springs /Saguaro Bloom Block 8BMARANA RESOLUTION NO. 2014-019 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR SAGUARO SPRINGS/SAGUARO BLOOM BLOCK 8B AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS Saguaro Springs Block 8B and Saguaro Bloom Block 8B Amended together constitute a 68.6 acre subdivision located north of Twin Peaks Road and south of Lambert Lane; and WHEREAS Saguaro Springs Block 8B, consisting of lots 131 - 399 and common areas `A' and `B', is recorded in the Pima County Recorder's Office at Book 62 of Maps and Plats, Page 8, and WHEREAS Saguaro Bloom Block 8B Amended, consisting of lots 224, 225, 251, 282, 283, 316, 348, 374, 375, 393, 394 and Common Area `B', is recorded at Sequence Number 20123610307;and WHEREAS the Town has an Assurance Agreement assuring the completion of public improvements for the subdivision; and WHEREAS Marana 670, LLC, has completed the public improvements acceptable to Town standards in accordance with the Assurance Agreement. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: Section 1. Saguaro Springs Block 8B and Saguaro Bloom Block 8B Amended are hereby released from the Assurance Agreement with First American Title Company Inc. under Trust No. 9140. Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, for maintenance, approximately 2.47 miles of the following paved streets as shown on E�ibit A to this resolution, which is incorporated here by this reference: • Irongate Road • Saguaro Breeze Way � Hebden Way • Caldwell Way • Brigmor Road • Epworth Road • Hanbury Road • Denstone Road • Saguaro Moon Road Resolution No. 2014-019 - 1- 2/24/2014 3:18 PM KB/FJC • Atlow Road • Moon Spring Road • Rowena Way Section 3. The Town accepts for maintenance, a potable water system including 13,042 linear feet of potable water line, water meters, appurtenances, valves, and fire hydrants for the above referenced project with an estimated value of $602,700. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 18 day of March, 2014. c''` ��„�-- Mayor Ed Honea ATTEST: V ocelyn . Bronson, Town Clerk APPROVED AS TO FORM: �'L'�/L G � Fr Ca dy, Town t rney Resolution No. 2014-019 - 2- 2/24/2014 3:18 PM KB/FJC