HomeMy WebLinkAboutResolution 2004-001 release of the assurance agreement for continental reserve blocks 1 & 7 F. ANN RODRIGUEZ, RECORDER
RECORDED BY: NMB
DEPUTY RECORDER
1134 PE2
TOWN OFMARANA
ATTN: TOW~CLERK
13251 N LON ADAMS RD
)IA.P. ANA AZ 85653
DOCKET: 12219
PAGEs 3386
NO. OF PAGES: 2
SEQUENCE: 20040110890
01/16/2004
RES 16:24
MAIL
AMOUNT PAID $ 8.00
MARANA RESOLUTION NO. 2004-01
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA,
ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT FOR
CONTINENTAL RESERVE BLOCKS 1 & 7, TRUST NO. 30,121, FOR LOTS 1-61, AND
COMMON AREAS A THROUGH J, AND ACCEPTANCE OF PUBLIC IMPROVEMENTS
FOR MAINTENANCE.
WHEREAS, Continental Reserve Blocks land 7 is a is a 26.452 acre subdivision located
north of Pima Farms Road, west of Continental Reserve Loop containing Lots 1-61, Common Areas
A through J, and is recorded at the Pima County Recorder's Office in Book 56 of Maps and Plats,
Page 8; 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 1731, 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 1 and
7; and
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana
as follows:
Section 1. Continental Reserve Blocks 1 and 7, lots 1 through 61 and Common
Areas A through J are hereby released f~om the Assurance Agreement with U.S. Home Corporation
under Trust No. 30,12 I, and Fidelity National Title.
Section 2. The Town accepts for maintenance, including maintenance of
regulatory traffic control and street signs, 0.53 miles of paved streets for the following
appurtenances, as depicted on Exhibit A:
a. Break Water Court
b. Sand Bar Court
c. Sand Dune Place
d. Wind Swept Lane
3
3
8
Page 1 of 2
Marana, Arizona Resolution No. 20044)1
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
6th day of January, 2004.
ATTEST:
oon lyn C. [~/nson
Clerk
APPROVED AS TO FORM:
Ma~rBOBBYSUTTON, JR.
1
1
3
8
?
Page 2 of 2
Marana, Arizona Resolution No. 20044}1