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HomeMy WebLinkAboutResolution 2022-028 Approving a Release of Assurances for Gladden Farms Block 27 Phase 2 Lots 82-173MARANA RESOLUTION NO. 2022-028 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR GLADDEN FARMS BLOCK 27 PHASE 2 LOTS 82 THROUGH 173 AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for "Gladden Farms Block 27 Phase 2 Lots 82-173 & Common Areas "A -13"-"A-21" (Landscape, Utilities, Drainage and Grading), & "B -5"-"B-7 (Recreation, Landscape, Utilities, Drainage and Grading)" was recorded in the Pima County Recorder's Office on March 19, 2021 at Sequence 20210780195; and WHEREAS the Town has a third party trust assurance agreement (the "Assurance Agreement") with KB Home Tucson, Inc. (the "Subdivider") and Title Security Agency, LLC under Trust No. 201665-T, recorded in the Pima County Recorder's Office on March 19, 2021 at Sequence 20210780194, assuring the completion of public improvements for Gladden Farms Block 27 Phase 2; and WHEREAS the Subdivider has completed the public improvements for Gladden Farms Block 27 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 is hereby released. Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, approximately 0.61 miles of the following paved streets as shown on the plat of Gladden Farms Block 27 Phase 2: • Embry Drive • Linder Drive • Goulding Drive • Whatley Avenue • Harrigan Drive • Halsey Drive • Latimore Drive Section 3. The Town accepts for maintenance the potable water system serving Gladden Farms Block 27 Phase 2, consisting of approximately 3,000 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances with an estimated value of $318,220. Section 4. The Town accepts for maintenance the sanitary sewer system serving Gladden Farms Block 27 Phase 2, consisting of approximately 2,120 linear feet of conveyance system and appurtenances with an estimated value of $294,830. 00079934.DOCX /1 Resolution No. 2020-028 - 1 - 3/15/22 PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 5th day of April, 2022. C. MARANA AZ ESTABLISHED 1977 Mayor Ed Honea APPROVED AS TO FORM: J airall, Town Attorney 00079934.DOCX /1 Resolution No. 2020-028 - 2 - 3/15/22