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HomeMy WebLinkAboutResolution 2024-022 Approving a Release of Assurances for Breakers 40 and Accepting Public Improvements for Maintenance MARANA RESOLUTION NO. 2024-022 RELATING TO DEVELOPMENT; APPROVING A RELEASE OF ASSURANCES FOR BREAKERS 40 AND ACCEPTING PUBLIC IMPROVEMENTS FOR MAINTENANCE WHEREAS the final plat for Breakers 40, Lots 1-16, Block 1, and Common Area "A" (Private Street, Utilities, and Drainage) and Common Areas`B1", "B2" and"B3" (Landscaping, Drainage and Utilities)was recorded in the Pima County Recorder's office on March 21, 2022 at Sequence No. 20220800253 (hereinafter"Breakers 40"); and WHEREAS the Town has a third party trust assurance agreement (the "Assurance Agreement")with MC Tangerine Property,LLC (the "Subdivider") and Title Security Agency of Arizona, as Trustee under trust number 202202-S, recorded in the Pima County Recorder's office on March, 21, 2022 at Sequence No. 20220800288 assuring the completion of Public improvements for Breakers 40. WHEREAS the Subdivider has completed the Public improvements for Breakers 40 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 the potable water system serving Breakers 40, consisting of approximately 2,920 linear feet of potable water line, water meters, valves, fire hydrants and appurtenances. SECTION 3. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, approximately 0.19 Miles of Marana Tech Drive. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 20th day of March, 2024. Mayor Ed Honea ATTEST: APPRO D AS TO FORM: David L. Udall, Town Clerk Ja- airall, Town Attorney MANE STARAHEA Z Resolution No.2024-022