HomeMy WebLinkAboutResolution 2016-060 Approving Release of Assurances for Marana 59 SubdivisionIVIARANA RESOLUTION NO. 2016 -060
RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR
MARANA 59 SUBDIVISION AND ACCEPTING PUBLIC IMPROVEMENTS FOR
MAIN rI ENANCE
WHEREAS the final plat for "Marana 59, Lots 1-58 and Common Areas `A' (Open
Space /Drainage) and `B' (Natural Undisturbed Open Space)" ("Marana 59 ") was recorded in the
Pima County Recorder's Office on August 8, Zoos, at Book 63 of Maps and Plats, Page 90
(Sequence 20081540341); and
WHEREAS 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
June 19, 2015, at Sequence Number 20151700 177, assuring the completion of public
improvements for Marana 59; and
W HEREAS the Subdivider has completed the public improvements for Marana 59
acceptable to Town standards in accordance with the Assurance Agreement:.
NOW, THE BE IT RESOLVED by the Mayor and Council of the "Down 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 0.70 wiles of the following paved streets as shown
on the plat of Marana 59:
• .lade IJollow Place
• Jade Sky Place
• Jade Rock Place
Section 3. The Town accepts for maintenance a potable water system including
approximately 3,329 linear feet of potable water line, water meters, valves, fire hydrants and
appurtenances with an estimated value of $195,000, within or serving Marana 59.
000471 12.I)OCx 11
Marana ResoI tit Ion No. 2016 -060 - 1 - 6/14/2016 3:37 PM G11II "C
PASSED AND ADOPTED b the Ma and Council of the Town of Marana, Arizona,
this 2l't da of June, 2016.
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ATTEST:
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cel V/Bronson, Town Clerk
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FORM:
00047112.DOCX /I
Marana Resolution No. 2016-060 - 2 - 6/14/2016 3:37 PM GP/FC