Loading...
HomeMy WebLinkAboutReso 045-02 EconPlanTransitCntr RESOLUTION NO. 45 - 02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING AN AGREEMENT WITH ECONOMIC PLANNING SYSTEMS TO IDENTIFY A FINANCING MECHANISM FOR THE TRANSIT CENTER AND THE EAST DUBLIN SPECIFIC PLAN AREA WHEREAS, the City of Dublin has identified the East Dublin Specific Plan Area as a focal point for new development that will require significant capital improvements to accommodate new development; and WHEREAS, the City of Dublin has established a Transportation Improvement Fee (TIF) to fund improvements benefiting the Specific Plan Area; and WHEREAS, the City of Dublin is considering application for development in the area immediately west of the East Dublin Specific Plan Area as a future Transit Center which, if approved, will benefit from TIF funded improvements; and WHEREAS, the City of Dublin is confronted with determining the most appropriate method of financing to fund infrastructure improvements, which would be required in the Transit Center area and to fairly, allocate the infrastructure costs of both the Transit Center and the East Dublin Specific Plan Area WHEREAS, Staff has determined it necessary to seek assistance with technical and financial evaluation in identifying projects that would benefit from TIF funds; and WHEREAS, Economic Planning Systems has demonstrated they have adequate ability to perform said analysis; and ~ WHEREAS, consultants will only perform work on a time and material basis at the direction of the Community Development Director or his designee; and WHEREAS, all Phase I costs will be paid by Alameda County Surplus Property Authority; and WHEREAS, the contract has been reViewed and approved by the City Attorney's Office. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does approve the agreement with the above mentioned firm. BE IT FURTHER RESOLVED that the Community Development Director is authorized to execute the agreements. . .... PASSED, APPROVED AND ADOPTED this 16th day of April, 2002. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart NOES: None ~ "-~lQiayo~~''~ - _ G:\CC-MTGS~2002-qtr2La. PRIL\4-16-02Lreso-eps.doc (Item 4.4)