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HomeMy WebLinkAboutReso 03-06 Downtown Traffic Mitigation RESOLUTION NO.3 - 06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * * * * * * * * * ** * * * * * MAKING FINDINGS REGARDING UNEXPENDED DOWNTOWN TRAFFIC MITIGATION CONTRIBUTIONS FOR FISCAL YEAR 2004-2005 Recitals 1. The City has collected contributions for off-site traffic improvements needed as a result of new development, which will not be expended within five years after deposit. The improvements are described in the 2004-2009 Capital Improvement Program and include the improvements described below: Pro.ed Name Dougherty Road - North of Amador Valle Boulevard St. Patrick Wa - Re ional to Golden Gate Dougherty Road Improvements - Houston Place to 1-580 Bike Lane - Amador Valley Boulevard Sta ecoach Road to Dou ert Road Dublin Boulevard Improvements - Sierra Court to Dublin Court Scarlett Drive Iron Horse Trail Extension Unexpended Developer Deposit Balances as of June 30, 2005 $200,826 $231,105 $13,536 $24,598 $89,116 $73,975 2. The Six projects described in the recital above are referred to as the "Six Traffic Improvements." Findin2S The Council finds, on the basis of the foregoing Recitals, that: A. The contributions which have been collected for the Six Traffic Improvements will remain unexpended in Fiscal Year 2005-2006; B. The contributions which have been collected for the Six Traffic Improvements will remain committed for construction of the improvements identified in the adopted Capital Improvement Program; C. The purpose for which the contributions will be used is construction of the Six Traffic Improvements, as described above and in the 2004 - 2009 Capital Improvement Program; Reso #3-06, Adopted 1/3/06 Page 1 of2 D. The contributions were collected to make the Six Traffic Improvements, which improvements will mitigate traffic impacts caused by the new development projects which paid the contributions; and E. The contributions which have been collected for the Six Traffic Improvements are needed for construction of the Six Traffic Improvements. PASSED. APPROVED, AND ADOPTED this 3rd day ofJanuary. 2006. AYES: Councilmembers Hildenbrand, McCormick and Zika, and Mayor Pro Tem Oravetz NOES: None ABSENT: Mayor Lockhart ABSTAIN: None ~Ckt J . Mayor Pro T ATI~C"^- M . City Clerk Reso #3-06, Adopted 1/3/06 Page 2 of2