HomeMy WebLinkAboutResolution 2022-012 Approving Release of Assurances Lazy K Bar RanchMARANA RESOLUTION NO. 2022-012
RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR A
PORTION OF LAZY K BAR RANCH AND ACCEPTING PUBLIC IMPROVEMENTS
FOR MAINTENANCE
WHEREAS the final plat for "'Lazy K Bar Ranch Lots 1 through 178 and C.A. 'A-
1 & 'A-2'(Private Streets), C.A. 'B-1' & 'B-2'(Natural Open Space, Pedestrian, Drainage,
Landscape, Public Sewer and Utilities), C.A.'C' (Active Open Space)" was recorded in the
Pima County Recorder's Office on March 25, 2019, at Sequence 20190840184; and
WHEREAS the Town has a third party trust assurance agreement (the "Assurance
Agreement") with Pulte Home Company, LLC (the "Subdivider") and Landmark Title
Assurance Security Agency, LLC, recorded in the Pima County Recorder's Office on
August 21, 2020, at Sequence 20202340064, assuring the completion of public
improvements for a portion of Lazy K Bar Ranch, namely, "Lazy K Bar Ranch, lots 87-178
and C.A. 'A-2' (Private Streets), and C.A. 'B-2' (Natural Open Space, Pedestrian,
Drainage, Landscape, Public Sewer and Utilities)" (hereinafter, "Lazy K Bar Ranch Phase
2"), consisting of lots 87 through 178, and associated common areas ("A-1" through "A-
2" and "B-1" through "B-3"); and
WHEREAS the Subdivider has completed the public improvements for Lazy K Bar
Ranch 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 Lazy K Bar Ranch Phase 2 is hereby
released.
Section 2. The Town accepts for maintenance the potable water system serving
Lazy K Bar Ranch Phase 2, consisting of approximately 4,210 linear feet of potable water
line, water meters, valves, fire hydrants and appurtenances with an estimated value of
$375,250.
00079208.DOCX /1
Resolution No. 2022-012 - 1 -
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana,
Arizona, this 15th day of February, 2022.
ATTES�
Cherry L. won, own Clerk
00079208.DOCX /1
Resolution No. 2022-012
Mayor Ed Honea
APPROVED AS TO FORM:
J7
irall, Town Attorney
J7
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