HomeMy WebLinkAboutResolution 2018-009 Approving release of assurances for Farm Field Five MARANA RESOLUTION NO,2018-009
RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR
CERTAIN LOTS OF FARM FIELD FIVE AMENDED SUBDIVISION AND ACCEPTING
PUBLIC IMPROVEMENTS FOR MAINTENANCE
WHEREAS the final plat entitled 'Amended Final Plat Farm Field Five Lots 1
thru 224 and Common Areas "A" thru "K" " ("Farm Field Five Amended") was
recorded in the Pima County Recorder's Office on 19 October 2005, at Book 60, Page 39
(Sequence 20052030156); and
WHEREAS the Town has a third party trust substitute assurance agreement(the
"Assurance Agreement") with LCI Homes Arizona, LLC. (the "Subdivider") and Title
Security Agency of Arizona, LLC, under Trust No. 201658-S, recorded in the Pima
County Recorder"s office on 4 November 2016, at Sequel-ice 20163090201, assuring the
completion of public improvements for the Farm Field Five Amended lots referred to in
this resolution as "FF5 Phase 1," consisting of Farm Field Five Amended Lots 1-1.3, 16,
18-20, 22-25, 27, 29-33, 87-89, 146-150f 152, 154-163, 165-168, 171-190, 192-206, and 211-
224; and
WHEREAS the Subdivider has completed the public improvements for
FF5 Phase 1 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 1.3 miles of the following
paved streets as shown on the plat of Farm Field Five Amended serving FF5 Phase 1:
* Vanderbilt Farms Way
* Thomas Arron Drive
* White Fence Way
* The portion of Fayes Glen Drive located east of Fall Glow Lane
* Honey Bell Drive
* Fall Glow Lane
* The portion of DeSpain Drive fronting Farm Field Five Amended Lots 87.89
* Clark Farms Boulevard
FC1.485DOCA/1.
Marana Resolution No.2018-(X)9 1/24/20188-58 PM
Section 3. The Town accepts for maintenance the potable water system serving
FF5 Phase 1, cortsisting of approximately 5560 linear feet of potable water line, water
meters,, valves,fire hydrants, and appurtenances with an estimated value of $341,040,,
Section 4, The Town accepts for maintenance the sanitary sewer system serving
FF5 Phase 1, consisting of approximately 6901 linear feet of conveyance system and
appurtenances with an estimated value of$570,309.
PASSED AND ADOPTED by the Mayor and Council of the Town of Maranc-1,
Arizona, fl-iis 6t"day of February, 2018.
Mayor Ed HLea
ATTEST: .APPROVED AS TO FORM:
a;
ocelyn Bronson, Town Clerk F'a 1k silly, Tow Lorney
ON ft W ON MONSOON"
MARANA AZ
FC1485.DOCX/I
Marana Resolution No.20-18-4X)9 -2- 1/24,120188:58 PM