MARYLAND RIDGE ESTATES_RESOLUTION.PDF

MARICOPA COUNTY 
RESOLUTION NO. 
C- 
A RESOLUTION OF THE BOARD OF SUPERVISORS OF MARICOPA COUNTY, PHOENIX, 
ARIZONA (THE "COUNTY") AUTHORIZING EXECUTION ON BEHALF OF THE COUNTY, AN 
ASSURANCE AGREEMENT AMONG THE COUNTY; AND EL MIRAGE 20, LLC (HEREAFTER, 
THE "OWNER") REGARDING IMPLEMENTATION OF THE DEVELOPMENT KNOWN AS 
MARYLAND RIDGE ESTATES SUBDIVISION 
WHEREAS, Maricopa County is a growing county with respects to population, and 
expects population growth to continue in the foreseeable future, and 
WHEREAS, a sizable portion of this population growth will occur in unincorporated areas 
as a result of large master-planned communities that will include a significant number of residents 
and various types of land uses; and 
WHEREAS, the Board of Supervisors recognizes that it must exercise its authority to 
accommodate growth in an efficient manner that protects County residents and taxpayers from 
undue fiscal burdens; and 
WHEREAS, pursuant to Arizona Revised Statues §11-821(C) the posting of an assurance 
satisfactory to the County, ensuring the completion of necessary infrastructure, is required as a 
pre-condition to the granting of an approval to subdivide property; and 
WHEREAS, Owner owns certain real property in unincorporated Maricopa County 
comprising a total of approximately 19 acres (the "Property"); and 
WHEREAS, Owner represents and warrants that it is the fee title owner of the Property 
and has an interest in the Property as described in Arizona Revised Statutes §11-1101 B; and 
WHEREAS, County wishes to enter into an assurance agreement in form and substance 
acceptable to the County with Owner (the "Assurance Agreement") for the subdivision known as 
Maryland Ridge Estates in accordance with ARS §11-821 to help ensure timely and efficient 
development of infrastructure and services for future residents within the Property, and to help 
minimize fiscal impacts to County residents and taxpayers;

WHEREAS, ARS §11-821 provides that the Board of Supervisors may regulate the 
subdivision of lands within its corporate limits by requiring the posting of performance bonds or 
other forms of assurances, including assurance agreements, necessary to ensure the installation 
of required street, sewer, electric and water utilities; and drainage and flood control improvements 
meeting minimum standards of design and construction; and 
WHEREAS, the Board of Supervisors has agreed to accept from Owner in order to meet 
such requirements an assurance in the form of the "Assurance Agreement". 
NOW, THEREFORE, BE IT RESOLVED, the Board of Supervisors of Maricopa County 
authorizes execution of the Assurance Agreement on behalf of the County. 
EXECUTED this 	
day of 	
, 2020, by Maricopa County Board of Supervisors, 
Phoenix, Arizona. 
Chairman, 
Board of Supervisors 
ATTEST: 
Attoryiy for the County 	
Clerk of the Board