HomeMy WebLinkAboutResolution 2004-002 release of the assurance agreement for continental reserve blocks 8 and a portion of 7 F. ANN RODRI~UEZ, RECORDER
RECORDED BY: NMB
DEPUTY RECORDER
1134 PE2
SMARA
TOWN OF MAIt%NA
ATTN: TOWN CLERK
13251 N LON ADAMS RD
MARANA AZ 85653
DOCKET: 12219
PAOE: 3388
NO. OF PA~ES: 2
SEQUENCE: 20040110891
01/16/2004
RES 16:24
MAIL
AMOUNT PAID $ 8.00
MARANA RESOLUTION NO. 2004-02
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA,
ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT FOR
CONTINENTAL RESERVE BLOCKS 8 AND A PORTION OF 7, TRUST NO. 30,121, FOR
LOTS 1-97, AND COMMON AREAS A THROUGH M, AND ACCEPTANCE OF PUBLIC
IMPROVEMENTS FOR MAINTENANCE.
WHEREAS, Continental Reserve Blocks 8 and a portion of 7 is a is a 23.011 acre
subdivision located north and south of Pima Farms Road, west of Continental Reserve Loop
containing Lots 1-97, Common Areas A through M, and is recorded at the Pima County Recorder's
Office in Book 56 of Maps and Plats, Page 10; and
WHEREAS, the Town has previously entered into an Assurance Agreement with U.S. Home
Corporation, (beneficiary) under Trust No. 30,121 and Fidelity National Title, (trustee), recorded at
the Pima County Recorder's Office at Docket 11807, Page 1744, 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 Blocks 8 and
a portion of 7; and
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana
as follows:
Section 1. Continental Reserve Blocks 8 and a portion of 7, lots 1 through 97 and
Common Areas A through M are hereby released from the Assurance Agreement with U.S. Home
Corporation under Trust No. 30,121, and Fidelity National Title.
Section 2. The Town accepts for maintenance, including maintenance of
regulatory traffic control and street signs, 0.68 miles of paved streets for the following
appurtenances, as depicted on Exhibit A:
Coyote View Court
Peak View Lane
Rocky View Lane
Sombrero View Lane
Sand Dune Place
Wind Swept Lane
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Marana, Arizona Resolution No. 2004-02 ~.-
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
6th day of January, 2004.
ATTEST:
Town Clerl~
~/rown ~mey /
Ma~rBOBBYSUTTON, JR.
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Marana, Arizona Resolution No. 20044Y2