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HomeMy WebLinkAboutReso 154-02 DubRanG MH2 InLieuRESOLUTION NO. 154 - 02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTANCE OF IN LIEU PARKLAND DEDICATION FEES FOR FINAL TRACT MAP 7325 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, and as amended by City Council Resolution 60-99, each subdivider of land for residential uses shall as a condition to the 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, in its action on the Tentative Map approved by the Planning Commission via Resolution 02- 04 on January 8, 2002, for Tract 7325, the Commission did determine in accordance with the aforesaid Subdivision Ordinance that a land dedication for park and recreational facilities is to be made, and said dedication is 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 subdivider has paid to the City an in lieu fee as prescribed in accordance with the adopted fee schedule associated with the Neighborhood Park Land component of the Public Facility Fee for Multi-Family Residential Dwelling Units in Eastern Dublin as follows: Tract: Subdivider: Amount: 7325 Toll-Dublin, LLC, a California Limi~d Liability Company $564,810.00 Said in lieu fee payment will be returned to the subdivider if/when a Credit Transfer Agreement between the Lin Family, Toll-Dublin, LLC, and the City is executed that allows use of available park credits to satisfy the Neighborhood Park Land dedication requirement; and WHEREAS, the Master Development Agreement between the City of Dublin and the Lin Family for the Dublin Ranch Project (Areas A, B, C, D, E, F, G, and H), recorded as Series No. 99251790 on July 8, 1999, obligate the subdivider to convey Community Park Land in Eastern Dublin and will therefore satisfy the Community Park Land dedication requirement at a later date. of said NOW, THEREFORE, BE IT RESOLVED that the aforesaid in lieu fee is hereby accepted as performance subdivider's obligation under Section 8-7.1 et seq. of the aforesaid Subdivision Ordinance 97-1. PASSED, APPROVED AND ADOPTED this 3rd day of September, 2002. AYES: NOES: None ABSENT: None ABSTAIN: None Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart G:\DEVELOPkDublin RanchXAreas F-G-I-BMH2 - Tract 7325~resoparkded7325.doc Mayor