HomeMy WebLinkAboutResolution 2017-007 Approving a Release of Assurances for Gladden Farms Block 16 MARANA RESOLUTION NO, 2017-007
RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR
GLADDEN FARMS BLOCK 16 SUBDIVISION AND ACCEPTING PUBLIC
IMPROVEMENTS FOR MAINTENANCE
WHEREAS the 'Final Plat for Gladden Farms Block 16 Lots 1-89 & Common Areas.-
"A-1" — "A-8" (Landscape/Public Utility) "13-111 — "B-5" (1._.andscape/Drainage/Public Utility)
"C-1" (Landscape/Drainage/Public Utility/Recreation)" was recorded in the Pima County-
Recorder's Office on September 20, 2007 at Book 63 of Maps and Plats, Page 9 (Sequence
20071830503); and
WHEREAS the Town has a third party trust substitute assurance agreement (the
"Assurance Agreement") with Meritage Homes of Arizona, Inc. (the "Subdivider") and Title
Security Agency, LLC., under Trust No. 201401-T, recorded in the Pima County Recorder's
office on January 4, 2016, at Sequence 20160040082, assuring the completion of public
improvements for the Gladden Farms Block 16 subdivision; and
WHEREAS the Subdivider has completed the public improvements for Gladden Farms
Block 16 subdivision 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 2. The Town accepts for maintenance, including maintenance of regulatory
traffic control and street signs., for maintenance, approximately 0.75 miles of the -following paved
streets asshown on Exhibit A:
• Willowvale Drive
• Bolney Gate Drive
• Sandby Green Drive
• Elementary Drive
Section 3. The Town accepts for maintenance, a potable water system including 4,260 If
of potable water line, water meters, appurtenances, valves, and fire hydrants for the above
referenced project with an estimated value of $274,800 within the Gladden Farms Block 16
subdivision.
Section 4.The Town accepts for maintenance, a sanitary sewer system including 3,870 If
of sewer line, manholes and appurtenances for the above referenced project with an estimated
value of'$356,700 within the Gladden Farms Block 16 subdivision.
00050355.[)OCX/I
Manana Resolution No.2017-007 1/13/2017 8:44 AM GM/F(.'
PASSED AND ADOPTED by the Mayor and Councilf n of Marang, Arizona,
this ' day f February,
Mayor Ed H lea!
ATTEST'-,
ESn-
cel n C ro"nson, Clerk : °abwn Atto e
41
%IkA N A A Z
ESTABLISHED 1977
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rana ResolUtion No.2017-007 2 8:44 AM GM/FC