Loading...
HomeMy WebLinkAboutResolution 2020-080 Approving a Release of Assurance for Fianchetto Farms and Public Improvements MARANA RESOLUTION NO. 2020-080 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR FIANCHETTO FARMS AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for 'Fianchetto Farms Lots 1 thru 114, Common Area "A" Retention-Detention/Landscape/Recreation, Common Area "B" Drainage Way, Common Area "C" Recreation Area/Drainage/Landscape' ("Fianchetto Farms") was recorded in the Pima County Recorder's office on 10 March 2006 at Book 60 of Maps and Plats, Page 97; and WHEREAS the Town has a substitute assurance agreement (the "Assurance Agreement") with Fianchetto Farms, LLC (the "Subdivider"), recorded in the Pima County Recorder's office on 4 May 2018 at Sequence 20181240058, assuring the completion of subdivision improvements for Fianchetto Farms; and WHEREAS the Subdivider has completed the subdivision improvements for Fianchetto Farms 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 Fianchetto Farms, and any remaining cash previously deposited by the Subdivider and still held by the Town pursuant to the Assurance"Agreement is hereby authorized and directed to be released to the Subdivider. SECTION 2. The Town accepts for _maintenance, including maintenance of regulatory traffic control and street signs, approximately 0.8 miles of the following paved public streets as shown on the plat of Fianchetto Farms: • Judit Court • Fianchetto Drive • Gaffney Way • Reyher Farms Loop • Cutri Court • Benoni Court • Riccati Drive 00070850.DOCX/4 • Marana Resolution No.2020-080 - 1 - 8/5/2020 9:40 AM SECTION 3. The Town accepts for maintenance the potable water system serving Fianchetto Farms, consisting of approximately 5120 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances with an estimated value of $344,040. SECTION 4. The Town accepts for maintenance the sanitary sewer system serving Fianchetto Farms, consisting of approximately 4763 linear feet of conveyance system and appurtenances with an estimated value of$398,075. SECTION 5. The Town accepts for maintenance the non-potable water system serving Fianchetto Farms, consisting of approximately 2824 linear feet of non-potable water line, valves, and appurtenances with an estimated value of$229,521. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 18th day of August, 2020. Z/(1 Mayor Ed Honea • ATT APPRO - D AS TO FORM: ' ,41111, Cherry L. La son, Town Clerk lefri assidy, Town Attorney MARANA AZ ESTABLISHED 1977 00070850.DOCX/4 Marana Resolution No.2020-080 - 2- 8/5/2020 9:40 AM