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HomeMy WebLinkAboutResolution 2021-151 Approving a Release of Assurances for SC Ranch subdivisionMARANA RESOLUTION NO. 2021-151 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR SC RANCH SUBDIVISION AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for SC Ranch Lots 1 thru 54 and Common Areas "A" (Recreation and Drainage), "B" (Landscape, Drainage and Utilities), was recorded in the Pima County Recorder's Office on January 22, 2021 at Sequence Number 20210220045 (the "SC Ranch Final Plat"); and WHEREAS the Town has a third party trust assurance agreement (the "Assurance Agreement") with LGI Homes - Arizona, LLC. (the "Subdivider") and Title Security Agency LLC, under Trust No. 202055-S, recorded in the Pima County Recorder's Office on January 22, 2021 at Sequence Number 20210220046, assuring the completion of public improvements for SC Ranch; and WHEREAS the Subdivider has completed the public improvements for SC Ranch 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, including maintenance of regulatory traffic control and street signs, approximately 0.4 miles of the following paved streets as shown on the SC Ranch Final Plat: • Ong Drive • Peony Drive • Red Orchid Street SECTION 3. The Town accepts for maintenance the on-site potable water system serving SC Ranch, consisting of approximately 2,280 linear feet of potable water line, appurtenances, valves, and fire hydrants with an estimated value of $185,130. SECTION 4. The Town accepts for maintenance the sanitary sewer conveyance system serving SC Ranch, consisting of approximately 2,140 linear feet of sanitary sewer line and manholes with an estimated value of $192,000. Resolution No. 2021-151 11/12/2021 1:17 PM PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 7th day of December, 2021. /� ATTE Cherry Law/on, Town Clerk IM A`'A W A AZ ESTABLISHED 1977 Mayor Ed Honea APPROVED AS TO FORM: Z JAairall'wn Attorney 400 Resolution No. 2021-151 11/12/2021 1:17 PM _cool wads S."m r hf J 1 \� _ �, 'ry �i133N15J Bfld)_ s J —r --- a I i m " s2 CS 99Z ("l M .rz zc.00 s t7ti02! S2l9QNtiS o gR o g51ha ") 5 ,, w M # m�ry jig 3 Q w a� S g i � 3 ..� N J a 3 ` J o gR o g51ha ") 5 M m�ry jig 3 Q w g � J r E �2gg I UI <a�Ka '.. � o gR o g51ha ") N e l -� 6 e it - p €� V �� w a a ; a I 0 ! Pq ius q IN ar&g � s � >r � AW lag �o Sao���mQ� 8� to a��to I �1 SPIN il 1511 1 0: H I t a IV IM S 1 4 R ti h H h N of it R A 11 a 0 m 5 M m�ry jig 3 w N e l -� 6 e it - p €� V �� w a a ; a I 0 ! Pq ius q IN ar&g � s � >r � AW lag �o Sao���mQ� 8� to a��to I �1 SPIN il 1511 1 0: H I t a IV IM S 1 4 R ti h H h N of it R A 11 a 0 m