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HomeMy WebLinkAboutReso 211-11 Unexpend Traffic Mitigation RESOLUTION NO. 211 -11 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********** MAKING FINDINGS REGARDING UNEXPENDED TRAFFIC MITIGATION CONTRIBUTIONS FOR FISCAL YEAR 2010-2011 Recital 1. The City has collected contributions for completion of off-site public 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 Fiscal Year 20011/2012 Update to the 2010- 2015 Capital Improvement Program and include the improvements described below: Unexpended Developer Project Name Fees as of June 30, 2011 1. Dougherty Road - North of Amador Valley Boulevard To City Limit (Combined in new CIP #960025) $201,706 2. Dougherty Road Improvements - Houston Place North to Amador Valley Blvd (Combined in new CIP #960025) $114,581 3. Dublin Blvd. Improvements - Sierra Court to Dublin Court $509,046 4. Scarlett Drive Extension Between Dublin Blvd and Dougherty Road $ 28,802 2. The four projects described In the recital above are referred to as the "Four Traffic Improvements." FindinQs The City Council finds, on the basis of the foregoing Recitals, that: A. The contributions which have been collected for the Four Traffic Improvements will remain unexpended after Fiscal Year 2010-2011. B. The contributions which have been collected for the Four 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 Four Traffic Improvements, as described above and in the 2010 - 2015 Capital Improvement Program. D. The contributions were collected to make the Four Traffic Improvements, which improvements will mitigate traffic impacts caused by the new development projects which paid the fees. E. The contributions which have been collected for the Four Traffic Improvements are needed for construction of the Four Traffic Improvements. Page 1 of 2 PASSED, APPROVED, AND ADOPTED this 20th day of December 2011, by the following vote: AYES: Councilmembers Biddle, Hildenbrand, Swalwell, and Mayor Sbranti NOES: None ABSENT: Vice Mayor Hart ABSTAIN: None Of-~ Mayor ATTEST: ~{ fJw City Clerk Reso No. 211-11, Adopted 12-20-11, Item 4.3 Page 2 of 2