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HomeMy WebLinkAboutResolution 2016-028 Release of Assurances fro San Lucas Block 71VIARANA RESOLUTION NO, 2016 -028 RELATING TO DEVELOPMENT; APPROVING- A RELEASE OF ASSURANCES FOR SAN LUCAS BLOCK. 7 AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for "San Lucas Block 7 Lots 1 through 64 and Common Area `A." (Open Space) Common Area `B' (Drainage) Common Area `D' (Monumentation)" ( "San Lucas Block 7 ") was recorded in the Pinta County Recorder's office on February 10, 2006, at Book 60 of Maps and Plats, Page 80 (Sequence 20060280542); and WHEREAS the Town has a third party trust substitute assurance agreement (the "Assurance Agreement ") with LG I Homes Arizona, LLC (the "Subdivider ") and Title Security Agency of Arizona, LLC, under Trust No. 201516, recorded in the Pinta County Recorder's office on August 28, 2015, at Sequence Number 20 152400110, assuring the completion of public improvements for San Lucas Block 7; and WHEREAS the Subdivider has completed the public improvements for San Lucas Block 7 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. The .Assurance Agreement is hereby released. Section 20 The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, approximately 0.51 miles of the following paved streets as shown on the plat of San Lucas Block 7: • Dense Stone Way • Rock Art Drive • Compass Rose way ■ Artifact Quarry Drive • Folsom Point Drive • Stone Pendant way Section 3. The Town accepts for maintenance a potable water system including approximately 3,042 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances with an. estimated value of $223,960, within San Lucas Block 7. Section 4. The Town accepts for maintenance a sanitary sewer system including approximately 2,726 linear feet of sanitary sewer line, manholes and appurtenances, with an estimated value of $215,266, within San Lucas Block 7. 00045712.DOCX I1 Resolution No. 201 6 -028 - 1 - 3/10/2016 11,28 AM GMIIiC PASSED AND ADOPTED by the Mayor and Council of the T wn of Marana, Arizona, this 15 day of March, 2016. Mayor Ed honea ATTEST: APPROVE AS TO FORM: celyn C ronson, Town Clerk r Ca y, Tow A orney O WN 00045712.DCCX I1 Resolution No. 2016-028 -2- 3/10/201 6 11:28 AM GMIFC "W W . .. � vt is � M 24 i .l '. •. 1; y s . IV- 4P .,, �►. Tt Pi e 6 a 4sf ]I .� ` set:_. 4 ) CL o F u7 •_ . kY•A�f � �- j s ' us , �S CL C Y gq tn lz HI Y y . - � i � J � x� � k: •: o v j„•. ..�.f�, .: ... r. I se•• �` � ts. �< - '•�' a: "' `y' ,v ' w . v � n .k n iti .,,R . y :, _�. }� ..r ,-.. � " b� � q � �} � 4- r^• t _,...,.�....., x.::..H• �i..wg` >. •re.v�a x...,C ....� r,s .y . .. ........ i... ,..,�... ...,�,. .. :.':d• ..�— . -.• -Y ",.w:.a r t w . , ' -•-- j x� "� 4 4 ' s eq �1' : ` �'' �� IL ro P � t. Sti ke LIS -. r . �. �„ �z 4 .. . . UV �� 4 X V. � � �� bf a -� X. fly 44 RA X940 . ll llx ,a En r±; a 4 0 ca hkim` . 1'1