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HomeMy WebLinkAboutReso 120-85 Tr5074 InLieuFees RESOLUTION NO. 120-85 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPT DEPOSIT IN LIEU PARKLAND - TRACT 5074 WHEREAS, pursuant to Section 8-7.1 of the Subdivision Ordinance of Alamed. County, as adopted by the City of Dublin, and Dublin City Council Resolution ~74-83 each residential use shall, as a condition to the approval of a Final Subdivision Map, dedicate or reser%'e lands, pay fees in lieu thereof, or a combination of both for park and/or recreational purposes; and WHEREAS, in its action on the Tentative Map of the subject tract, the Planning Commission of the City of Dublin did determine in acco]~dance with Section 8-7.1 of the aforesaid Subdivision Ordinance that a fee in lieu of land dedication for park and recreation~l facilities is to be paid, and said fee to be used for the development of park and reCreational facilities within a period of five years from the date of adoption of this resolution to serve the residents of the subject tract; and WHEREAS, the Developer has placed in escrow to be delivered to the £ity upon Final Map Recordation a remittance amount as prescribsd in accordance with Section 8-7.6 of the aforesaid Subdivis¢.n Ordinance #74-83; furnished by the tract developer and ident~_fied as follows: Tract: 5074 Subdivider: Hatfield Development Corporation and Investec, Inc. Amount: $49,335 The proposed in li~u fee is to be used for acquisition and/or improvements to Dolmen Park and/or Kolb Park and/or Shannon Park. NOW, THE]~EFORE, BE IT RESOLVED that the aforesaid remittance is hereb' accepted as performance of said subdivider's obligation under Section 8-7.1 et seq. of the aforesaid Subdivision Ordinance and Dublin Resolution of #74-83; and PASSED, Al?PROVED AND ADOPTED this 28th day of October, 1985. AYES: Co~ncilmembers Hegarty, Jeffery, Moffatt, Vonheeder an, Mayor Snyder NOES: No]e MayOr /v j- ATTEST: -~ k~,Cit~ Clerk