HomeMy WebLinkAboutReso 05-12 Emrald Vista In Lieu Fees
RESOLUTION NO. 5 - 12
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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ACCEPTING PARK LAND DEDICATION IN-LIEU FEES
FOR PARK LAND DEDICATION REQUIREMENTS FOR
KB HOME OF TRACT 8069 AND 8070, EMERALD VISTA
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, KB Home Arroyo Vista LLC. (KB Home), is filing Tract 8069
and 8070 Maps for developing a community of 198 market rate units (128 attached town homes.
and 70 detached dwellings); and
WHEREAS, as attached town homes can be developed on large master lots not requiring
any further tract map to create individual residential lots; and 10
WHEREAS, the In-Lieu of Parkland dedication fee requirements for the project based on
the requirements of the Municipal Code, have been calculated for KB Home of Tract 8069 and
8070; and
WHEREAS, KB Home will pay a Neighborhood Parkland Fees (Quimby Fees) based
upon the calculated market value of the property and the formula outlined in Chapter 9.28 of the
Dublin Municipal Code, and will pay Community Parkland fees as determined in the Public
Facility Fee Schedule.
NOW, THEREFORE, BE IT RESOLVED that the aforesaid payment of $937,300.00
Neighborhood Parkland (Quimby Fees) and $1,258,488.00 for Community Parkland Fees as
provided for in the Public Facility Fee Schedule, shall be deemed to complete performance of
said subdivider's obligation under Subdivision Requirements in Chapter 9.28 of the Dublin
Municipal Code, for KB Home of the Tract 8069 and 8070.
BE IT FURTHER RESOLVED that the Quimby Fees collected shall 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.
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PASSED, APPROVED AND ADOPTED this 1ih day of January, 2012, by the following
vote:
AYES: Councilmembers Biddle, Hildenbrand, Swalwell, and Mayor Pro Tem Hart
NOES: None
ABSENT: Mayor Sbranti
ABSTAIN: None
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ATTEST:
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frH, City Clerk
Reso No. 5-12, Adopted 1-17-12, Item 4.5
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