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HomeMy WebLinkAboutResolution 2003-055 release of assurance for continental ranch sunflower phase VIMARANA RESOLUTION NO. 2003-55 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT BETWEEN DEL WEBB HOME CONSTRUCTION, INC., AN ARIZONA CORPORATION, LAWYER'S TITLE OF ARIZONA, INC., AND TOWN OF MARANA FOR LOTS 845 THROUGH 967 ACCEPTING FOR MAINTENANCE THE PUBLIC IMPROVEMENTS IN CONTINENTAL RANCH SUNFLOWER PHASE VI. WHEREAS, Continental Ranch Sunflower Phase VI is a 34.92 acre subdivision located north of Drainageway #2 and west of Coachline Boulevard, containing Lots 845 through 967 as depicted on Exhibit A attached hereto and incorporated herein by this reference, and recorded at the Pima County Recorder's Office in Book 55 of Maps and Plats, Page 21; and WHEREAS, the Town has previously entered into an Assurance Agreement with Del Webb Home Construction, Inc., (beneficiary) under Trust No. 7975-T and Lawyers Title of Arizona, Inc., Agency, Inc. (trustee), recorded at the Pima County Recorder's Office at Docket 11719, Page 4476, assuring the completion of public improvements; and WHEREAS, Del Webb Home Construction, Inc., has completed the public improvements acceptable to Town standards in accordance with the Assurance Agreement for Continental Ranch Sunflower Phase VI. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana as follows: Section 1. Continental Ranch Sunflower Phase VI, lots 845 through 967 are hereby released from the Assurance Agreement between Del Webb Home Construction, Inc., under Trust No. 7975-T, and Lawyers Title of Arizona, Inc. Section 2. The Town accepts for maintenance, including maintenance of regulatory traffic control and street signs, 1.13 miles of paved streets for the following appurtenances, as depicted on Exhibit A: ao Majestic Vista Lane Mystic Sky Lane Painted Rainbow Place Scarlet Ranges Lane Suncatcher Drive Sunflower Park Drive Wandering Coyote Drive Page 1 of 2 Maxam, Arizona Resolution No. 2003-55 PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 3rd day of June, 2003. ATTEST: APPROVED AS TO FORM: As Town Attorney and not personally Page 2 of 2 Marana, Arizona Resolution No. 2003-55 EXHIBIT A '~-009£ '~-OOg£/ / / / / / EXHIBIT A 1.1.1 '~-009/ EXHIBIT A 0 ogl~ EXHIBIT A 'M-ogg/ 'M-OO9/ EXHIBIT A ..t111-111t. V~IV NOMMOD \ \ ~~ /// I