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HomeMy WebLinkAboutReso 36-13 Fallon Vlg In Lieu Fees RESOLUTION NO. 36 — 13 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING PARK LAND DEDICATION IN-LIEU FEES FOR PARK LAND DEDICATION REQUIREMENTS FOR TRACT 8109, NEIGHBORHOOD E-2, 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, KB Home South Bay Inc., is filing Tract 8109 Final Map for developing 84 residential dwelling units constructed on 84 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 8109 are 1) Dedication of 0.9408 acres of Community Park Land or payment of $922,656 in Community Park Land In-Lieu Fees, and 2) Dedication of 0.4032 acres of Neighborhood Park Land or payment of $483,840 in Neighborhood Parkland In-Lieu Fees; and WHEREAS, Developer will satisfy the Community Park Land Dedication requirement through the payment of in-lieu Park Dedication Fees; and WHEREAS, KB Home South Bay, Inc. has deposited with the City of Dublin $922,656 which is the full amount required to satisfy the obligation for Community Park Land In-Lieu Fees for Tract 8109; and WHEREAS, Developer will satisfy the Neighborhood Park Land Dedication requirement through the payment of in-lieu Park Dedication Fees; and WHEREAS, KB Home South Bay, Inc. has deposited with the City of Dublin $483,840 which is the full amount required to satisfy the obligation for Neighborhood Park Land In-Lieu Fees for Tract 8109. NOW, THEREFORE, BE IT RESOLVED that the payment of $922,656 of Community Park Land in lieu fees and $483,840 in Neighborhood Park Land in lieu fees are hereby accepted as performance of said subdivider's obligation under Subdivision Requirements in Title 9 of the Dublin Municipal Code. Page 1 of 2 PASSED, APPROVED AND ADOPTED this 19th day of March, 2013, by the following vote: AYES: Councilmembers Gupta, Hart, Haubert, and Mayor Pro Tern Biddle NOES: None ABSENT: Mayor Sbranti ABSTAIN: None ")6(7 Mayor Pro Tern iddle ATTEST: ST City Clerk Reso No. 36-13,Adopted 3-19-13, Item 4.6 Page 2 of 2