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HomeMy WebLinkAboutReso 200-06 Parkland Dedication & Credits Tr 7643 RESOLUTION NO. 200 - 06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTING PARKLAND DEDICATION AND CREDITS FOR TRACT 7643 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, the Developer, Sorrento at Dublin Ranch I, LP, a California Limited Partnership owned by wholly-owned subsidiaries of Toll Brothers, Inc., is filing Tract 7643 Final Map for developing 117 residential condominium dwelling units; and WHEREAS, pursuant to the Master Development Agreement between the Lin Family and the City of Dublin 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 and Sorrento at Dublin Ranch has a current balance available of 1.526 acres of Community Parkland credits; and WHEREAS, Sorrento at Dublin Ranch will apply 0.819 acres of the 2.961-acre credit to satisfy the Community Parkland component ofthe Public Facility Fee requirement for Tract 7643; and WHEREAS, Sorrento at Dublin Ranch has unused credits of 1.385 acres Neighborhood Parkland as a result of the dedication to the City of Dublin a 2.00-acre park site for a Neighborhood Square; and WHEREAS, Sorrento at Dublin Ranch will apply 0.351 acres of the available parkland credits to satisfy the Neighborhood Parkland component of the Public Facility Fee requirement for Tract 7643. 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 17th day of October, 2006, by the following vote: AYES: NOES: ABSENT: ABSTAIN: Councilmembers Hildenbrand, McCormick, Oravetz and Zika, and Mayor Lockhart None None None ATTEST: ,\ \ \ :"~trC.w-o--~ CIty Clerk Reso No. 200-06, Adopted 10/17/06, Item 4.6 Page 1 of 1