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HomeMy WebLinkAboutReso 73-12 Jordan Rch In-Lieu Credits RESOLUTION NO. 73 — 12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING PARK LAND DEDICATION IN-LIEU CREDITS FOR PARK LAND DEDICATION REQUIREMENTS FOR TRACT 8074, JORDAN RANCH 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, BJP-ROF Jordan Ranch LLC (Mission Valley Properties), is filing Tract 8074 Final Map for developing 129 residential dwelling units constructed on 129 lots; and WHEREAS, the Park Land requirements for the project based on the requirements of the Municipal Code and the designated land use for Tract 8074 are 1) Dedication of 1.4448 acres of Community Park Land or payment of $1,311,930 in Community Park Land In-Lieu Fees, and 2) Dedication of 0.6192 acres Neighborhood Park Land or payment of $700,986 in Neighborhood Parkland In-Lieu Fees; and WHEREAS, Developer has possession of credits for 1.4448 acres of Community Park Land credits, which the Developer desires to have applied to fully satisfy the Community Park Land obligation for Tract 8074; and WHEREAS, Developer has possession of credits for 0.6192 acres of Neighborhood Park Land credits, which the Developer desires to have applied to fully satisfy the Neighborhood Park Land obligation for Tract 8074. NOW, THEREFORE, BE IT RESOLVED that the aforesaid the application of 1.4448 acres Community Parkland Credits and the application of 0.6192 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. PASSED, APPROVED AND ADOPTED this 5th day of June, 2012, by the following vote: AYES: Councilmembers Biddle, Hart, Hildenbrand, Swalwell, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None UAL- 2t & Mayor ATTEST: City Clerk • Reso No., 73-12,Adopted 6-5-12, Item 4.5 Page 1 of 1