HomeMy WebLinkAboutResolution 2021-103 Approving a release of Assurances for The Preserve at Twin Peaks subdivision and accepting public improvements for maintenanceMARANA RESOLUTION NO. 2021-103
RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR
THE PRESERVE AT TWIN PEAKS SUBDIVISION AND ACCEPTING PUBLIC
IMPROVEMENTS FOR MAINTENANCE
WHEREAS the final plat for The Preserve at Twin Peaks Lots 1 thru 190 and
Common Area "A" (Private Streets), Common Areas "B1"2"135" (Natural Open Space,
Drainage, Landscape, Pedestrian, Public Sewer and Utilities), & Common Areas "Cl",
"C2" (Active Open Spaces) was recorded in the Pima County Recorder's Office on March
6, 2020, at Sequence Number 20200660138; and
WHEREAS the Town has a third party trust assurance agreement (the "Assurance
Agreement") with Lennar Arizona, Inc. (the "Subdivider") and Title Security Agency
LLC, under Trust No. 201832-S, recorded in the Pima County Recorder's Office on March
6, 2020, at sequence 20200660161, assuring the completion of public improvements for
The Preserve at Twin Peaks; and
WHEREAS the Subdivider has completed the public improvements for The
Preserve at Twin Peaks 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, ARIZONA, AS FOLLOWS:
SECTION 1. The Assurance Agreement is hereby released.
SECTION 2. The Town accepts for maintenance the on-site potable water system
serving The Preserve at Twin Peaks, consisting of approximately 9,810 linear feet of
potable water line, appurtenances, valves, and fire hydrants with an estimated value of
$846,030.
SECTION 3. The Town accepts for maintenance the off-site potable water system
serving The Preserve at Twin Peaks, consisting of approximately 2,410 linear feet of
potable water line, appurtenances, valves, and fire hydrants with an estimated value of
$328,577.
Resolution No. 2021-103
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana,
Arizona, this 3rd day of August, 2021.
Mayor Ed Honea
ATTEST- APPROVED AS TO FORM:
Cherry L. awson, Town Clerk Jane a'rall, own Attorney
ARANA AZ
ESTABLISHED 1977
Resolution No. 2021-103