HomeMy WebLinkAboutResolution 2003-147 release of assurance for continental reserve block 12 F. ANN RODRIGUEZ, RECORDER
· RECORDED BY= K~
DEPUTy RECORDER
8013 RO09
SMARA
TOWN OF MARANA
ATTN.' TOWN CLERK
13251 N LON ADAMS RD
MARAMA AZ 85653
DOCKET: 12196
PAGE~ 714
NO. OF PAGES: 6
SEQUENCE: 20032390181
12/12/2003
RES 13:15
MAIL
AMOUNT PAID $ 8.50
MARANA RESOLUTION NO. 2003-147
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA,
ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT
BETWEEN U.S. HOME CORPORATION, TITLE SECURITY AGENCY OF ARIZONA, AND
THE TOWN OF MARANA FOR LOTS 1-71, COMMON AREAS "B", "D" AND "E", AND
ACCEPTING FOR MAINTENANCE THE PUBLIC IMPROVEMENTS IN CONTINENTAL
RESERVE BLOCK 12.
WHEREAS, Continental Reserve Block 12 is a is a 30.08 acre subdivision located south of
Pima Farms Road, west of Continental Reserve Loop containing Lots 1-71, Common Areas "B",
"D" and "E", and is recorded at the Pima County Recorder's Office in Book 55 of Maps and Plats,
Page 79; and
WHEREAS, the Town has previously entered into an Assurance Agreement with U.S. Home
Corporation, (beneficiary) under Trust No. 757 and Title Security Agency of Arizona, (trustee),
recorded at the Pima County Recorder's Office at Docket 11767, Page 5086, assuring the completion
of public improvements; and
WHEREAS, U.S. Home Corporation, has completed the public improvements acceptable to
Town standards in accordance with the Assurance Agreement for Continental Reserve Block 12; and
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana
as follows:
Section 1. Continental Reserve Block 12, lots 1 through 71 and Common Areas
B , D and E are hereby released fi.om the Assurance Agreement w~th U.S. Home Corporation
under Trust No. 757, and Title Security Agency of Arizona.
Section 2. The Town accepts for maintenance, including maintenance of
regulatory traffic control and street signs, 0.58 miles of paved streets for the following
appurtenances, as depicted on Exhibit A:
a. Innutian Court
b. · Iron Ridge Drive
c. Quachilla Court
d. Taltson Drive
e. Thelon Court
f. Tornbat Court
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Marana, Arizona Resolution No. 2003-147
Page I of 2
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
day of December, 2003.
ATTEST:
~°oC~Y~l er~k r°ns ° n'
APPROV
A1
~.D AS TO FORM:
Mayor BtOB'B? SUTTON, JR.
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Marana, Arizona Resolution No. 2003-147
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