HomeMy WebLinkAboutResolution 2017-070 Approving Release of Assurances for Gladden Farms Blocks 14&15 MARA.N,A►. RESOLUTION No, 2017-070
REI..,ATINCG TO 'DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR
GLADDENFARMS BLOCKS 14 & 15 LOTS 1 THROUGH 70 AND ACCEPTING PTING PUBLIC
IMPROVEMENTS FOR MAINTENANCE
WHEREAS the final plat for 'Gladden Farms Blocks 14 & 15 Lots I to 70, Block A &
Common Areas: "A-1" & "A-2" (Landscape/Drainage/Public and Private Utilities/Recreation)
"B-1" through "B-7 (Landscape/Public and Private Utilities)' ("Gladden Farms 14 & 15
Phase I") was recorded in the Pima County Recorder's office on 27 March, 2017, at Sequence
201508601.89); and
WHEREAS the Town has a third party trust assurance agreement (the "Assurance
Agreement") with IAB Home Tucson, Inc. (the "Subdivider") and Title Security .Agency of
.Arizona, LLC:, under Trust No. 201406--T9 recorded in the Pima County Recorder's office on 27
March 2015 at Sequence 20150860190, assuring the completion of public improvements for
Gladden Farms 14 & 15 Phase I; and
WHEREAS the Subdivider has completed the public improvements for Gladden Farms
14 & 15 Phase I 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, approximately 0.52 miles of the following paved streets as shown
on the plat of Gladden Farms 14 & 15 Phase 1:
• Oilseed Drive
• Boll Bloom Drive
• Cotton Row Lane
• Linters way
• Old Mill Place
Section 3. The Town accepts for maintenance the potable water system serving Gladden
Farms 14 & 15 Phase I, consisting of approximately 2,500 linear feet of potable water line, water
meters, valves, fire hydrants and appurtenances with an estimated value of$238,335.
Section 4. The Town accepts for maintenance the sanitary sewer system serving Gladden
Farms 14 & 15 Phase 1, consisting of approximately 3,090 linear feet of conveyance system and
appurtenances with an estimated value of$244,335.
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Marana Resolution No.2017-070 6/28/2017 8:20 AM
PASSEL) AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona,
this l st day of August, 2017.
Mayor Eh Honea
ATTEST: APPROV D AS To FORM:
Jocelyn . Bronson, Town Clerk Fr k C sid ,*Town Att y
MARANA AZ
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Marana Resolution No.2017-070 - 2 - 6/28/2017 8:20 AM