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HomeMy WebLinkAboutReso 61-14 Jordan Rch Tr 8155 In-Lieu Credits RESOLUTION NO. 61 — 14 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 8155, JORDAN RANCH, NEIGHBORHOOD 4 II 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, Brookfield Bay Area Holdings LLC, a Delaware Limited Liability Company, is filing Tract 8155 Final Map for developing 70 residential dwelling units constructed on 5 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 8155 are 1) Dedication of 0.49 acres of Community Park Land or payment of $518,919.00 in Community Park Land In-Lieu Fees, and 2) Dedication of 0.21 acres of Neighborhood Park Land or payment of $267,050.00 in Neighborhood Parkland In-Lieu Fees; and WHEREAS, Developer has possession of credits for 0.49 acres of Community Park Land credits, which the Developer desires to have applied to fully satisfy the Community Park Land obligation for Tract 8155; and WHEREAS, Developer has possession of credits for 0.21 acres of Neighborhood Park Land credits, which the Developer desires to have applied to fully satisfy the Neighborhood Park Land obligation for Tract 8155. NOW, THEREFORE, BE IT RESOLVED that the aforesaid application of 0.49 acres of Community Park Land Credits and the application of 0.21 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. Page 1 of 2 PASSED, APPROVED AND ADOPTED this 20th day of May, 2014, by the following vote: AYES: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None Jam.. Mayor ATTEST: (t.itp, City Clerk t1 Reso No.61-14,Adopted 5-20-14, Item 4.3 Page 2 of 2