HomeMy WebLinkAboutResolution 2003-030 release of assurance for countryside ridgeMARANA RESOLUTION NO. 2003-30
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA,
ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT
BETWEEN U.S. HOME CORPORATION, FIDELITY NATIONAL TITLE AGENCY OF
ARIZONA, AND TOWN OF MARANA FOR LOTS 1 THROUGH 93 AND COMMON AREAS
A - C, AND ACCEPTING FOR MAINTENANCE THE PUBLIC IMPROVEMENTS IN
COUNTRYSIDE RIDGE.
WHEREAS, Countryside Ridge is a 22.07 acre subdivision located east of Hartman Lane
and south of Linda Vista Blvd. containing Lots 1 through 93 and Common Areas A - C as depicted
on Exhibit A and incorporated herein by this reference, and recorded at the Pima County Recorder's
Office in Book 55 of Maps and Plats, Page 68; and
WHEREAS, the Town has previously entered into an Assurance Agreement between U.S.
Home Corporation, (beneficiary) under Trust No. 30,189 and Fidelity National Title Agency of
Arizona, (trustee), recorded at the Pima County Recorder's Office at Docket 11757, Page 730
assuring the completion of public improvements; and
WHEREAS, U.S. Home Corporation, has completed the public improvements acceptable to
Town standards in accordance with the Assurance Agreement for Countryside Ridge; and
WHEREAS, U.S. Home Corporation has posted a performance bond for remaining sidewalk
to be installed; and
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana
as follows:
Section 1. Countryside Ridge, lots 1 through 93 and Common Areas A - C are hereby
released fi.om the Assurance Agreement between U.S. Home Corporation, under Trust No.
30,189, and Fidelity National Title Agency of Arizona.
Section 2. The Town accepts for maintenance, including maintenance of regulatory
traffic control and street signs, 0.62 miles of paved streets for the following appurtenances, as
depicted on Exhibit A:
ao
Canyon Towhee Street
Marsh Wren Place
Scarlet Tanager Lane
Winter Wren Avenue
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Matana, Arizona Resolution No. 2003-30
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
15th day of April, 2003.
ATTEST:
x..~C. Jocel~.-Bronsoh---, -
/./ Town (~lerk
APPROVED AS TO FORM:
Daniel J. Hochuli, Esq.
As Town Attorney and not personally
Ma~rBOBBYSUTTON, JR.
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Marana, Arizona Resolution No. 2003-30
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