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HomeMy WebLinkAboutReso 58-08 Positano Neigh A Tr 7853 RESOLUTION NO. 58 - 08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTING PARKLAND DEDICATION IN-LIEU FEES AND CREDITS FOR PARKLAND DEDICATION REQUIREMENTS FOR TRACT 7853 (pOSITANO NEIGHBORHOOD A) 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 Tract 7853 Final Map for developing 85 residential dwelling units constructed on 72 lots (59 Single Family Units; plus 26 Units comprised of: 13 Single Family Units each with an attached Secondary Unit); and WHEREAS, the park land requirements for the project based on the requirements of the Municipal Code and the designated land use for Tract 7853 are 1) Dedication of 0.952 acres of Community Park Land or payment of $635,375 in Community Park Land In-Lieu Fees, and 2) Dedication of 0.408 acres Neighborhood Park Land or payment of $365,840 in Neighborhood Parkland In-Lieu Fees; and WHEREAS, incorporated 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 Park Land credits; and WHEREAS, Developer will utilize credits of 0.408 acres created by Final Tract Map 7854, in lieu of a payment of fees for the full Neighborhood Parkland obligation for Tract 7853; 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 $635,375 for Community Parkland In-Lieu Fees. NOW, THEREFORE, BE IT RESOLVED that the aforesaid Neighborhood Parkland Credits of 0.408 acres and the payment of $635,375 in Community Park Land in lieu fees are hereby accepted as performance of said subdivider's obligation under Subdivision Requirements in Title 9 of the Dublin Municipal Code. Reso No. 58-08, Adopted 4/15/08, Item 4.7 Page 1 of2 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 ATT~:. .... . /MAl t I-fio- Deputy City Clerk Reso No. 58-08, Adopted 4/15/08, Item 4.7 Page 2 of2