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HomeMy WebLinkAboutResolution 2021-133 Approving a Release of Assurances for Saguaro Bloom Block 7AMARANA RESOLUTION NO. 2021-133 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR SAGUARO BLOOM BLOCK 7A AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for Saguaro Bloom "7A", Lots 1-202, Blocks "713 and "7C" (Future Residential) and Common Areas "A" (Drainage/Open Space), and "B" (Park) was recorded in the Pima County Recorder's office on September 27, 2019, at Sequence No. 20192700513 (the "Final Plat"); 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 September 27, 2019, at Sequence No. 20192700514, assuring the completion of public improvements for Saguaro Bloom Block 7A; and WHEREAS the Subdivider has completed the public improvements for Saguaro Bloom Block 7A acceptable to Town standards in accordance with the Assurance Agreement; and NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: SECTION 1. The Assurance Agreement for Saguaro Bloom Block 7A is hereby released. SECTION 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, approximately 2.4 miles of the following paved streets as shown on the Final Plat: ■ Bamboo Muhly Trail ■ Smooth Agave Loop ■ Ruby Range Trail ■ Cardon Grande Trail ■ Sago Palm Way ■ Dawes Aloe Way SECTION 3. The Town accepts for maintenance the potable water system serving Saguaro Bloom Block 7A, consisting of approximately 8,225 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances with an estimated value of $705,700. 00077501.Docx /1 Resolution No. 2021-133 - 1 - SECTION 4. The Town accepts for maintenance the sanitary sewer system serving Saguaro Bloom Block 7A, consisting of approximately 8,225 linear feet of conveyance system and appurtenances with an estimated value of $693,810. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 5th day of October 2021. Mayor Ed Honea ATTEST: Z;; IZ, i �� �X,6 6 t) j -- Cherry L. La s n, Town Clerk lop< AANVA AZ ESTAOLiSHED 1977 AP=ASTOFORM: J airall, Town Attorney 00077501.DOCX /1 Resolution No. 2021-133 - 2 -