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HomeMy WebLinkAboutReso 144-06 Parkland Ded Credits Tr 7644 RESOLUTION NO. 144 - 06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTING PARKLAND DEDICATION AND CREDITS FOR TRACT 7644 WHEREAS, pursuant to Section 8-7.1 of the Subdivision Ordinance 1-91, as adopted by the City of Dublin, and City of Dublin Municipal Code 9.28.020, as amended by City Council Resolution 60-99, each subdivider of land for residential uses shall, as a Condition of Approval of a Final Subdivision Map, dedicate or reserve lands, pay fees in lieu thereof, or a combination of both, for park and/or recreational purposes; and WHEREAS, Sorrento at Dublin Ranch is subdividing 8.27 acres of land to create 75 lots for developing 75 residential dwelling units; and WHEREAS, pursuant to the Master Development Agreement between the Lin Family and the City recorded as Series No. 99-251790 on July 8, 1999, the Lin Family can utilize the credits granted to them against the applicable portions of the City's Public Facility Fee relating to Community Parkland; and WHEREAS, an "Authorization to Use Eastern Dublin Public Facility Impact Fee Credits" Agreement has been executed between the Lin Family and Sorrento at Dublin Ranch, to transfer 2.961 acres of Community Parkland credits to Sorrento at Dublin Ranch pursuant to the Lin Family Master Development Agreement; and WHEREAS, Sorrento at Dublin Ranch will apply 0.462 acres of the 2.961-acre credit to satisfy the Community Parkland component of the Public Facility Fee requirement for Tract 7644; and WHEREAS, Sorrento at Dublin Ranch has dedicated to the City of Dublin a 2.00-acre park site for a Neighborhood Square; and WHEREAS, Sorrento at Dublin Ranch will apply 0.198 acres of the 2.00-acre dedication to satisfy the Neighborhood Parkland component of the Public Facility Fee requirement for Tract 7644; NOW, THEREFORE, BE IT RESOLVED that the aforesaid dedication and credits are hereby accepted as performance of said subdivider's obligation under Section 8-7.1 et seq. of aforesaid Subdivision Ordinance 97-1. PASSED, APPROVED AND ADOPTED this 1 st day of August, 2006, by the following vote: AYES: Councilmembers Hildenbrand, McCormick, Oravetz and Zika, and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: ~\l.k:-~ CitY rk Reso No 144-06, Adopted 8/1/06, Item 4.7 Page 1 of 1