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HomeMy WebLinkAboutResolution 2022-013 Approving Release of Assurances for Gladden Farms Block 30 Lots 1-36MARANA RESOLUTION NO. 2022-013 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR GLADDEN FARMS BLOCK 30 LOTS 1 THROUGH 136 AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for "Gladden Farms Block 30 Lots 1 —136, Block A & Common Areas `A -1'—`A-8' & `B -1'—`B-9,' Common Area `A': (Landscape, Utilities and Drainage), Common Area `B': (Functional Open Space, Utilities and Drainage)" was recorded in the Pima County Recorder's Office on October 18, 2019 at Sequence 20192910094; and WHEREAS the Town has a third party trust assurance agreement (the "Assurance Agreement") with Gladden Phase II LLC, Gladden Phase II Dev LLC (collectively, the "Subdivider") and Fidelity National Agency of Arizona, LLC, under Trust No. 60,423, recorded in the Pima County Recorder's office on October 18, 2019 at Sequence 20192910103, assuring the completion of public improvements for Gladden Farms Block 30; and WHEREAS the Subdivider has completed the public improvements for Gladden Farms Block 30 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 is hereby released. Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, approximately 1.32 miles of the following paved streets as shown on the plat of Gladden Farms Block. 30: • Appling Avenue • Denton Way • Belden Place • Renwick Drive • Radcliff Drive • Yates Lane • Sanderlin Drive • Pershing Way • Lindsay Avenue Section 3. The Town accepts for maintenance the potable water system serving Gladden Farms Block 30, consisting of approximately 5,025 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances with an estimated value of $383,670. Resolution No. 2020-013 - I - Section 4. The Town accepts for maintenance the sanitary sewer system serving Gladden Farms Block 30, consisting of approximately 5,008 linear feet of conveyance system and appurtenances with an estimated value of $518,713. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 15th day of February 2022. Mayor Ed Honea ATTE APPROVED AS TO FORM: Cherry awson, Town Clerk J airall, Town Attorney Resolution No. 2020-013 - 2 -