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HomeMy WebLinkAboutResolution 2016-061 Approving Release of Assurances for Saguaro Springs Block 4MARANA RESOLUTION NO. 2016 -061 RELATING To DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR SAGUARO SPRINGS BLOCK 4 AS MODIFIED BY SAGUARO BLOOM BLOCK 4 AND ACCEPTING PUBLIC IMPROVEMENT'S FOR MAINTENANCE WHEREAS the final plat for 'Saguaro Springs, Block 4 Lots 400 to 611 and Common Areas "A" (open Space, Recreation, Drainage, Public Utilities, Road Maintenance & Signage) and "B" (Open Space, Recreation, Public Utilities, Road Maintenance & Signage)' ( "Saguaro Springs Bloch. 4 ") was recorded in the Pima County Recorder's Office on December 21, 2006, at Boob 62 of Maps and Plats, Page 6; and WHEREAS Saguaro Springs Block 4 was modified by the final plat For "Saguaro Bloom, Block 4, Lots -441, 477, 480 481 485 486, 487, 491, 492, 513 536 545, 546 549, 556, 559, 560, 579, 607 and Common Areas `A' and 'B' " ( Springs Blocs{ 4 "), recorded in the Pima County Recorder's Office on July 10, 2015, at Sequence 20151910194; and WHEREAS S the Town has a third party trust substitute assurance agreement (the "Assurance Agreement ") with D.R. Horton, Inc. (the "Subdivider ") and Title Security Agency of Arizona, LLC, under Trust No. 201434 -T, recorded in the Pima County Recorder's office on October 8, 2015, at Sequence 2015281 0406, assuring the completion of public improvements for Saguaro Springs Block 4 as modified by Saguaro Bloom Block 4; and WHEREAS the Subdivider has completed the public improvements for Saguaro Springs Block 4 as modified by Saguaro Bloom Block 4 acceptable to Town standards in accordance with the Assurance Agreement. Now, f , 11-JEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: Section 1. The Assurance Agreement is hereby released. Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, approximately 1.53 miles of the following paved streets as shown on the plat of Saguaro Springs Block 4: • Alverton Drive • B irchover Drive • Grayling Drive • Rolling Springs Drive • Hidden Saguaro 'Fral l [ 00471 11 DOCX /I Marana Resolution No. 2016-061 6/14/2016 4,25 PM GM /I;C • Twin Sprin Drive • Cloudwood Drive • Silent Sa Drive • Melandra Wa • Sprin Crossin Wa • Havenwood Wa Section 3. The Town accepts for maintenance a potable water s includin approximatel 9,753 linear feet of potable water line, water meters, valves, fire h and appurtenances with an estimated value of $534,600, within Sa Sprin Block 4 as modified b Sa Bloom Block 4. PASSED AND ADOPTED b the Ma and Council of the Town o'Marana, Arizona, this 21 s' da of June, 2016. A I ATTEST: r r APPRO 0 FORM: 00047113.DOCX /I Marano Resolution No. 2016-061 -- 2- 6/1412016 4:25 PM GM/FC