HomeMy WebLinkAboutReso 003-01 UnexpendDntwnTrafMiRESOLUTION NO. 3 - 01
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
MAKING FINDINGS REGARDING UNEXPENDED
DOWNTOWN TRAFFIC MITIGATION CONTRIBUTIONS
FOR FISCAL YEAR 1999-2000
Recital
1. The City has collected contributions for off-site 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 2000-2005 Capital Improvement Program and include the improvements described
below:
!l'rojei:i"~ariie ........................... rUnexpend;ed DeT~Te!'~l~er .....:
~ iDeposit Balances
~ ias of June 30, 2000
' p gug! ert), goad::.. Non.h Of Amad. o.r, Valle~' Blvd ,',8,245 ..............
:yill..age P)rkWay Traffi..c signals ............. 5,~34_,.142~ ...................... ,
2. The three projects described in the recital above are referred to as the "Three Traffic Improvements."
Findings
The Council finds, on the basis of the foregoing Recitals, that:
A. The contributions which have been collected for the Three Traffic Improvements will remain
unexpended in Fiscal Year 1999-2000;
B. The contributions which have been collected for the Three 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 Three Traffic
Improvements, as described above and in the 2000 - 2005 Capital Improvement Program;
D. The contributions were collected to make the Three Traffic Improvements, which
improvements will mitigate traffic impacts caused by the new development projects which paid the
contributions; and
E. The contributions which have been collected for the Three Traffic Improvements are needed for
construction of the Three Traffic Improvements.
PASSED, APPROVED, AND ADOPTED THIS 16th day of January 2001.
AYES:
Councilmembers Lockhart, McCormick, Oravetz, Zika and Mayor Houston
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: (~
K2/G/1-16-01/reso-abl~
G:Xlmpact FeesXAb 1600 - I