Loading...
HomeMy WebLinkAboutReso 230-02 UnexpendDwntwnTrafMitg RESOLUTION NO. 230 - 02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN MAKING FINDINGS REGARDING UNEXPENDED DOWNTOWN TRAFFIC MITIGATION CONTRIBUTIONS FOR FISCAL YEAR 2001-2002 Recital 1. The City has collected contributions for off-site traffic improvements needed as a result of new development, which will not be expended within five years after deposit. The improvements are described in the 2002-2007 Capital Improvement Program and include the improvements described below: Unexpended Developer Deposit Balances Project Name as of June 30, 2002 St. Patrick Way - Regional to Golden Gate $75,578 Dublin Boulevard Improvements - $4,060 Sierra Court to Dougherty Road Dougherty Road - North of $8,245 Amador Valley Boulevard 2. The Three projects described in the recital above are referred to as the "Three Traffic Improvements." Findings The Council finds, on the basis of the foregoing Recitals, that: A. The contributions which have been collected for the Three Traffic Improvements will remain unexpended in Fiscal Year 2001-2002; B. The contributions which have been collected for the Three Traffic Improvements will remain committed for construction of the improvements identified in the adopted Capital Improvement Program; C. The purpose for which the contributions will be used is construction of the Three Traffic Improvements, as described above and in the 2002 - 2007 Capital Improvement Program; D. The contributions were collected to make the Three Traffic Improvements, which improvements will mitigate traffic impacts caused by the new development projects which paid the contributions; and E. The contributions which have been collected for the Three Traffic Improvements are needed for construction of the Three Traffic Improvements. PASSED, APPROVED, AND ADOPTED THIS 17th day of December 2002. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika, and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None CitfC),_e~ X' G:\CC-MTGSX2002-qtr 4kDEC\I 2-17-02kreso-traffic contib.doc (Item 4.5)