HomeMy WebLinkAboutResolution 2002-039 release of assurance for continental ranch sunflower phase VMARANA RESOLUTION NO. 2002-39
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA,
ARIZONA, AUTHORIZING THE RELEASE OF THE ASSURANCE AGREEMENT
BETWEEN DEL WEBBHOME CONSTRUCTION, INC., LAWYERS TITLE OF ARIZONA,
AND TOWN OF MARANA FOR LOTS 557 THROUGH 729 AND COMMON AREAS V-V
THROUGH AA-AA , AND ACCEPTING FOR MAINTENANCE THE PUBLIC
IMPROVEMENTS IN CONTINENTAL RANCH SUNFLOWER PHASE V.
WHEREAS, Continental Ranch Sunflower Phase V is a 44.83 acre subdivision located south
of Linda Vista Road and east of Silverbell Road containing Lots 557 through 729 and Common Areas
V-V through AA-AA as depicted on Exhibit A and incorporated herein by this reference, and
recorded at the Pima County Recorder's Office in Book 53 of Maps and Plats, Page 45; and
WHEREAS, the Town has previously entered into an Assurance Agreement between Del
Webb Home Construction, Inc., (beneficiary) under Trust No. 7975-T and Lawyers Title of Arizona,
(trustee), recorded at the Pima County Recorder's Office at Docket 11719, Page 4470 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 A~eement for Continental Ranch
Sunflower Phase V.
WHEREAS, Del Webb Home Construction, Inc., shall continue to satisfy all Linear Park
financial requirements to the full satisfaction of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council ofthe Town of Marana
as follows:
Section 1. Cominental Ranch Sunflower Phase V, lots 557 through 729 and Common
Areas V-V through AA-AA are hereby released from the Assurance Agreement between Del
Webb Home Construction, Inc., under Trust No. 7975-T, and Lawyers Title of Arizona.
Section 2. The Town accepts for maintenance, including maimenance of regulatory traffic
control and street signs, 1.23 miles of paved streets for the following apPurtenances, as
depicted on Exhibit A:
· Antler Ridge Drive
· Blue Heron Way
· Flora Vista Way
· Greensleeves Way
·
·
·
·
·
Mesa Point Drive
Red Clay Lane
Silver Lightning Way
Twinkling Shadows Way
Wishing Star Drive
Section 3. Common Areas V-V through AA-AA, as depicted on Exhibit A, shall be
owned and maintained by the Sunflower Community Association.
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this
day of April, 2002.
ATTEST:
APPROVED AS TO FORM:
As Town Attorney and not personally
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