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HomeMy WebLinkAboutReso 130-10 Positano In-Lieu Fees C-3RESOLUTION NO. 130 - 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 7855, NEIGHBORHOOD C-3, 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, Dublin RE Investors, LLC, is filing Tract 7855 Final Map for developing 28 residential dwelling units constructed on 23 lots (18 lots contain one Single Family Unit each; plus 5 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 7855 are 1) Dedication of 0.2926 acres of Community Park Land or payment of $246,016 in Community Park Land In-Lieu Fees, and 2) Dedication of 0.1254 acres Neighborhood Park Land or payment of $133,913 in Neighborhood Parkland In-Lieu Fees; and WHEREAS, Developer will satisfy the Community Parkland Dedication requirement through the payment of in-lieu Park Dedication Fees in the amount of $246,016 to fully satisfy the Community Park Land obligation for Tract 7855; and WHEREAS, Dublin RE tnvestors, LLC has deposited with the City of Dublin $246,016 which is the full amount required to satisfy the obligation for Community Park Land In-Lieu Fees for Tract 7855; and WHEREAS, Developer will satisfy the Neighborhood Parkland Dedication requirement through the use of Neighborhood Park Land credits for 0.1254 acres of, which the Developer desires to have applied to fully satisfy the Neighborhood Park Land obligation for Tract 7855. NOW, THEREFORE, BE tT RESOLVED that the aforesaid the payment of $246,016 Community Parkland in lieu fees and the application of 0.1254 acres of Neighborhood Park Land credits 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: NOES: ABSENT: ABSTAIN Councilmembers Biddle, Hart, Hildenbrand, Scholz, and Mayor Sbranti None None None ~ ,~..,_.. ,~~~.~. Mayor ATTEST: ~ ~: ~ ~ City Clerk Reso No. 130-10, Adopted 8-17-10, Item 4.12 Page 2 of 2