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HomeMy WebLinkAboutReso 127-10 Positano In-Lieu Fees C-2RESOLUTION NO. 127 - 10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTING PARK LAND DEDICATION IN-LIEU FEES AND CREDITS FOR PARK LAND DEDICATION REQUIREMENTS FOR TRACT 8037, NEIGHBORHOOD C-2, POSITANO / FALLON VILLAGE 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, D. R. Horton BAY, Inc. (D. R. Horton), is filing Tract 8037 Final Map for developing 78 residential dwelling units constructed on 68 lots (58 lots contain one Single Family Unit each; plus 10 lots contain one Single Family Unit 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 8037 are 1) Dedication of 0.8316 acres of Community Park Land or payment of $699,206 in Community Park Land In-Cieu Fees, and 2) Dedication of 0.3564 acres Neighborhood Park Land or payment of $380,598 in Neighborhood Parkland In-Lieu Fees; and WHEREAS, Developer has possession of credits for 0.8316 acres of Community Park Land credits, which the Developer desires to have applied to fully satisfy the Community Park Land obligation for Tract 8037; and WHEREAS, Developer will satisfy the Neighborhood Parkland Dedication requirement through the payment of in-lieu Park Dedication Fees; and WHEREAS, D. R. Horton has deposited with the City of Dublin $380,598 which is the full amount required to satisfy the obligation for Neighborhood Park Land In-Lieu Fees for Tract 8037. NOW, THEREFORE, BE IT RESOLVED that the aforesaid the application of 0.8316 acres Community Parkland Credits and payment of $380,598 Neighborhood Park Land in lieu fees and are hereby accepted as performance of said subdivider's obligation under Subdivision Requirements in Chapter 9.28 of the Dublin Municipal Code. Page 1 of 2 PASSED, APPROVED AND ADOPTED this 17th day of August, 2010, by the following vote: AYES: Councilmembers Biddle, Hart, Hildenbrand, Scholz, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None ~ Y(J.i/1 , ~, .''^"- ~F~~ l~wt.~" Mayor ATTES : ~ ' .. ~ ~ (~~'f/ City Clerk Reso No. 127-10, Adopted 8-17-10, Item 4.11 Page 2 of 2