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HomeMy WebLinkAboutResolution 2023-050 Approving a Release of Assurances for Little Lambert Lots 1-5 MARANA RESOLUTION NO. 2023-050 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR LITTLE LAMBERT LOTS 1-5 AND COMMON AREA A(PRIVATE STREET) WHEREAS the final plat for "Little Lambert Lots 1-5 and Common Area A (Private Street) was recorded in the Pima County Recorder's Office on August 8, 2022 at Sequence 20222200262; and WHEREAS the Town has a third party trust assurance agreement (the "Assurance Agreement") with Stewart Title & Trust of Tucson as Trustee under Trust No. 3776, recorded in the Pima County Recorder's Office on August 8, 2022 at Sequence 20222200264, assuring the completion of private improvements for Little Lambert; and WHEREAS the Subdivider has completed the private improvements for Little Lambert 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. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 6th day of June, 2023. ..,_,,e( Mr-L-----.______„ Mayor Ed Honea ATTEST: APPROVED AS TO FORM: A A David L. Udall, Town Clerk Jane Fa'rall, Town Attorney 46 MARANA AZ t. STAt3i.. 1SHED 1977 Resolution No.2023-050 - 1 -