HomeMy WebLinkAboutReso 53-08 Positano Neigh B Tr 7854
RESOLUTION NO. 53 - 08
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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ACCEPTING PARKLAND DEDICATION IN-LIEU FEES AND CREDITS
FOR PARK DEDICATION REQUIREMENTS FOR TRACT 7854
(pOSITANO NEIGHBORHOOD "B")
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, Braddock and Logan Group II, L.P., a California Limited Partnership,
by Braddock and Logan Services, Inc., a California Corporation, Its General Partner, is filing the Tract
7854 Final Map for developing 93 residential dwelling units; and
WHEREAS, the Parkland requirements for the project based on requirements of the Municipal
Code and the designated land use for Tract 7854 are 1) Dedication of 1.042 acres of Community Parkland
or payment of$695,175 in Community Parkland In-Lieu Fees, and 2) Dedication of 0.446 acres
Neighborhood Parkland or payment of $400,272 in Neighborhood Parkland In-Lieu Fees; and
WHEREAS, lncorporated with Final Map 7854 Developer will dedicate a Neighborhood Park
Site resulting in the issuance of "Eastern Dublin Public Facility Impact Fee Credits - Neighborhood
Parkland" under a Credit Agreement established for this purpose and will have an original balance
available of 5.036 acres of Neighborhood Parkland credits; and
WHEREAS, Developer will utilize credits of 0.446 acres created by Final Tract Map 7853, in
lieu of a payment of fees for the full Neighborhood Parkland obligation for Tract 7854; and
WHEREAS, Developer will satisfy the Community Parkland Dedication requirement and Dublin
RE Investors has deposited with the City of Dublin funds necessary to offset the obligation of $695,175
for Community Parkland In-Lieu Fees.
NOW, THEREFORE, BE IT RESOLVED that the aforesaid Neighborhood Parkland Credits of
0.446 acres and the payment of$695,175 in Community Parkland in lieu fees are hereby accepted as
performance of said subdivider's obligation under Subdivision Requirements in Title 9 of the Dublin
Municipal Code.
PASSED, APPROVED AND ADOPTED this 15th day of April, 2008, by the following vote:
AYES: Councilmembers Hildenbrand, Oravetz, Sbranti and Scholz, and Mayor Lockhart
NOES: None
ABSENT: None
ABSTAIN: None
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Deputy City Cletk
Reso No. 53-08, Adopted 4/15/08, Item 4.4
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