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HomeMy WebLinkAboutReso 25-07 Parkland Dedication Tr 7646 RESOLUTION NO. 25 - 07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTING PARKLAND DEDICATION AND CREDITS FOR TRACT 7646 WHEREAS, pursuant to, City of Dublin Municipal Code Chapter 9.28, 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.(Developer), is filing Final Tract 7646 Map for developing 96 residential condominium dwelling units; and WHEREAS, Tract 7646 has a Community Park Land obligation of 0.672 acres and a Neighborhood Park Land obligation of 0.288 acres; and WHEREAS, Developer currently holds "Eastern Dublin Public Facility Impact Fee Credits - Community Park Land" under a Credit Agreement (# CPL SORRENTO 001) and has a current balance available of 0.707 acres of Community Parkland credits; and WHEREAS, Developer will utilize existing Community Park Land Credits, in lieu of a payment of fees for the full Community Park Land obligation for Tract 7646; and WHEREAS, Developer dedicated 2.00 acres of Neighborhood Park Land as part of Master Tract 7641 which is used to fulfill Neighborhood Park requirements for Tracts 7642 through Tract 7645; and WHEREAS, Developer has an unused balance of 1.034 acres of Neighborhood Park Land Credit from the dedication made with Tract 7641; and WHEREAS, Developer will utilize existing Neighborhood Park Land Credits, III lieu of a payment of fees for the full Neighborhood Park Land obligation for Tract 7646. NOW, THEREFORE, BE IT RESOLVED that the aforesaid credits are hereby accepted as performance of said subdivider's obligation under Chapter 9.28 ofthe Dublin Municipal Code. PASSED, APPROVED AND ADOPTED this 6th day of March, 2007, by the following vote: AYES: Councilmembers Hildenbrand, Oravetz, Sbranti and Scholz, and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None Mayor ATTES'T: 4~'~" \,.~,..)\ \'". ~-, . ,\,,~.. i- '"" -f:"""" ~..... - - City Clerk Reso No. 25-07, Adopted 3/6/07, Item 4.5 Page 1 of 1