HomeMy WebLinkAboutResolution 2003-070 release of assurance for silverbell place F. ~ RODRIGUEZ, RECORDER
RECORDED BY: YRN
DEPUTY RECORDER
5131 AS1
SMARA
TOWN OF HARANA
ATTN~ TOWN CLERK
13251 N LON ADAMS RD
MARANA AZ 85653
DOCKET: 12095
PAGE: 4216
NO. OF PAGES: 9
SEQUENCE: 20031381032
07/18/2003
RES 15:49
MAIL
AMOUNT PAID $ 10.00
MARANA RESOLUTION NO. 2003-70
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA,
ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT
BETWEEN D.R. HORTON., LAWYERS TITLE OF ARIZONA, INC., AND TOWN OF
MARANA FOR LOTS 1 THROUGH 153 AND COMMON AREAS A - B, AND ACCEPTING
FOR MAINTENANCE THE PUBLIC IMPROVEMENTS IN SILVERBELL PLACE.
WHEREAS, Silverbell Place is a 39.452 acre subdivision located on Cortaro Road west of
Silverbell Road, containing Lots 1 through 153 and Common Areas A - B as depicted on Exhibit A
attached hereto and incorporated herein by th/s reference, and recorded at the Pima County
Reeorder's Office in Book 54 of Maps and Plats, Page 48; and
WHEREAS, the Town has previously entered into an Assurance Agreement between D.R.
Horton, (beneficiary) under Trust No. 7886-T and Lawyers Title of Arizona, Inc. (trustee), recorded
at the Pima County Recorder's Office at Docket 11490, Page 1534, assuring the completion of
public improvements; and
WHEREAS, D.R. Horton has completed the public improvements acceptable to Town
standards in accordance with the Assurance Agreement for Silverbell Place.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana
as follows:
Section 1. Silverbell Place lots 1 through 153 and Common Areas A - B are hereby
released fi:om the Assurance Agreement with D.R. Horton under Trust No. 7886-T, and'.'
Lawyers Title of Arizona, Inc.
Section 2. The Town accepts for maintenance, including maintenance of regulatory
traffic control and street signs, 1.32 miles of paved streets for the following appurtenances, as
depicted on Exhibit A:
a. Benet Drive
b. Bradstreet Drive
c. Clemens Way
d. Hemingway Place
e. Koch Place
f. Millay Street
° Sandburg Court
h. Thoreau Drive
i. Van Dyke Court
4
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
15t~ day o£ July, 2003.
ATTEST:
APPROVED AS TO FORM:
~lly
May~.
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Page 2 of 2
Marana, Ar~ona Resolution No. 2003-70
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