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HomeMy WebLinkAboutResolution 2020-076 Approving a Release of Assurance for Saguaro Bloom Blk 1 Phase 1 MARANA RESOLUTION NO. 2020-076 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR SAGUARO BLOOM BLOCK 1 PHASE 1, CONSISTING OF LOTS 1463, AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for 'Saguaro Bloom Block 1 Lots 1—389, Common Area "A" (Open Space, Recreation, Public Utilities, Road Maintenance & Signage), Common Area "B" (Open Space, Drainage, Recreation, Public Utilities, Road Maintenance & Signage), Common Area "C" (Open Space & Recreation), & Blocks 1A, 1B, 1C' ("Saguaro Bloom Block 1") was recorded in the Pima County Recorder's office on 23 February 2018 at Sequence 20180540069; and WHEREAS the Town has a third party trust assurance agreement (the "Assurance Agreement") with D.R. Horton, Inc. (the "Subdivider") and Title Security Agency, LLC, under Trust No. 201434-T, recorded in the Pima County Recorder's office on 23 February 2018 at Sequence 20180540068, assuring the completion of public improvements for Saguaro Bloom Block 1; and WHEREAS the Subdivider has completed the public improvements for Saguaro Bloom Block 1 Phase 1, consisting of Lots 1 through 163 of Saguaro Bloom Block 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 for Saguaro Bloom Block 1 Phase 1. Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, approximately 1.4 miles of the following paved streets as shown on the plat of Saguaro Bloom Block 1 Phase 1: • Crooked Peak Trail • Sonoran Sands Lane • Blue Roan Lane • Blue Roan Court • Senita Bloom Way • Palo Rojo Way • Trotting Wolf Trail (portion southeast of Sonoran Sands Lane only) • Giant Sacaton Drive 00070767.DOCX/1 Marana Resolution No.2020-076 - 1 - 6/26/2020 11:04 AM ■ Leopard Gecko Terrace (portion from west edge of Lot 163 southeastward to Guayacan Trail only) ■ Arroyo Lupine Way (portion southeast of Giant Sacaton Drive only) ■ Guayacan Trail (portion northeast of the south corner of Lot 157 only) Section 3. The Town accepts for maintenance the potable water system serving Saguaro Bloom Block 1 Phase 1, consisting of approximately 6,946 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances with an estimated value of$637,380. Section 4. The Town accepts for maintenance the sanitary sewer system serving Saguaro Bloom Block 1 Phase 1, consisting of approximately 6830 linear feet of conveyance system and appurtenances with an estimated value of$697,300. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 21st day of July, 2020. Mayor Ed onea ATT APPROVED AS TO FORM: Cherry L a "son, Town Clerk Fr Ca dy, Town • --orney Ad° 4& MARANA AZ g51A5LI $HEE) 1971 00070767.DOCX/1 Marana Resolution No.2020-076 - 2- 6/26/202011:04 AM