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HomeMy WebLinkAboutResolution 2021-047 Approving a Release of Assurance for a Portion of Gladden Farms Blks 36 & 40 and Accepting Public Improvements for Maintenance MARANA RESOLUTION NO. 2021-047 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR A PORTION OF GLADDEN FARMS BLOCKS 36 & 40 AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for 'Gladden Farms Blocks 36 &40 Lots 1-176, Common Areas "A-1" - "A-7" & "B-1"—"B-5"' ("Gladden Farms Blocks 36 &40") was recorded in the Pima County Recorder's Office on November 27, 2019, at Sequence 20193310053; and WHEREAS the Town has a third party trust assurance agreement(the "Assurance Agreement") with Meritage Homes of Arizona, Inc. (the"Subdivider") and Title Security Agency, LLC, under Trust No. 201952-S, recorded in the Pima County Recorder's office on December 20, 2019, at Sequence 20193540149, assuring the completion of public improvements for a portion of Gladden Farms Blocks 36 & 40, referred to in this resolution as "GF 36 & 40 Phase 2", consisting of Lots 23-37 and 79-154, and associated common areas ("A-4" - "A-6" and "B-1," "B-4" & "B-5"); and WHEREAS the Subdivider has completed the public improvements for GF 36 & 40 Phase 2 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 for GF 36 &40 Phase 2 is hereby released. Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, approximately 0.47 miles of the following paved streets as shown on the plat of Gladden Farms Blocks 36 & 40 serving GF 36 &40 Phase 2: • Golson Drive • Dickerson Drive • Fulton Avenue • The portion of Sutter Drive located south of Golson Drive Section 3.The Town accepts for maintenance the potable water system serving GF 36 &40 Phase 2, consisting of approximately 2,310 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances with an estimated value of$257,625. Resolution No. 2021-047 - 1 - Section 4. The Town accepts for maintenance the sanitary sewer system serving GF 36 & 40 Phase 2, consisting of approximately 3,460 linear feet of conveyance system and appurtenances with an estimated value of$299,520. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 20th day of April, 2021. jr/7 Mayor Ed Honea ATT APPROVED AS TO FORM: 4. 4e, -/) • erry L La son, Town Clerk Ja►f aira 1, Town Attorney MARANA ESTABLISHED 1977 Resolution No. 2021-047 -2 -