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HomeMy WebLinkAboutResolution 2022-026 Approving a Release of Assurances for Gladden Farms Block 27 Phase 1 Lots 1-81MARANA RESOLUTION NO. 2022-026 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR GLADDEN FARMS BLOCK 27 PHASE 1 LOTS 1 THROUGH 81 AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for "Gladden Farms Block 27 Phase 1 Lots 1-81, Block A & Common Areas: `A-l'—`A-12' (Landscape, Utilities, Drainage and Grading) `B-l'—`B-4' (Recreation, Landscape, Utilities, Drainage and Grading )" was recorded in the Pima County Recorder's Office on 5 February 2021 at Sequence 20210360143; and WHEREAS the Town has a third party trust assurance agreement (the "Assurance Agreement") with Meritage Homes of Arizona (the "Subdivider") and Title Security Agency , under Trust No. 202061-S, recorded in the Pima County Recorder's office on 5 February 2021 at Sequence 20210360144, assuring the completion of public improvements for Gladden Farms Block 27 Phase 1; and WHEREAS the Subdivider has completed the public improvements for Gladden Farms Block 27 Phase 1 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 0.64 miles of the following paved streets as shown on the plat of Gladden Farms Block 27 Phase 1: • Gibbs Avenue • Watkins Avenue • Avery Avenue • Embrey Drive • Harrigan Street Section 3. The Town accepts for maintenance the potable water system serving Gladden Farms Block 27 Phase 1, consisting of approximately 3,300 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances with an estimated value of $332,200. Section 4. The Town accepts for maintenance the sanitary sewer system serving Gladden Farms Block 27 Phase 1, consisting of approximately 2,860 linear feet of conveyance system and appurtenances with an estimated value of $355,925. Resolution No. 2020-026 - 1 - 04/13/2020 PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 15th day of March, 2022. Mayor Ed Honea ATT APPRO Cherry L so n,Town Clerk Ja i AS TO FORM: , Town Attorney MARANVA AZ ESTABLISHED 1977 Resolution No. 2020-026 - 2 - 04/13/2020