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HomeMy WebLinkAboutResolution 92-032 transfer ownership of certain property within continental ranch RESOLUTION NO. 92-32 RESOLUTION AUTHORIZING TOWN OF MARANA TO TRANSFER OWNERSHIP OF CERTAIN CITY PROPERTY IN CON'rINENTAL RANCH. WHEREAS, the Town of Marana currently holds title to property best described as "the Old Silverbell Road"; and WHEREAS, the Town of Mararia has been, or will be in the near future, granted a right of way on the new Silverbell Road; and WHEREAS, Richmond American is a developer, and is developing certain parcels of land within Continental Ranch, and is desirous to receive certain parcels of land which make up the old Silverbell Road. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Marana, Arizona, that it shall abandon, by Quitclaim Deed, the property illustrated on the maps attached hereto as Exhibit 1, and more fully described by the legal description contained in Exhibit 1, to the owner of the abutting property. This abandonment is made pursuant to A.R.S. §28~ 1902(A)(3). The Mayor and Town Clerk are authorized and directed to sign and attest for and on behalf of the Town of Mararia, the Quitclaim Deed and other necessary documents in order to effectuate this abandonment. PASSED, ADOPTED AND APPROVED by the Mayor and Council of the Town of Mararia, Arizona, on December ]-Stt~, 1992. //-~).~_ Mayor