HomeMy WebLinkAboutReso 35-15 Terrace Ridge In-Lieu Fees Tr 7950 RESOLUTION NO. 35 — 15
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 7950, TERRACE RIDGE
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, William Lyon Homes, Inc., is filing Tract 7950 Final Map to
develop 36 residential dwelling units on 36 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 7950 are 1) Dedication of 0.403
acres of Community Park Land or payment of $461,232.00 in Community Park Land In-Lieu
Fees; and 2) Dedication of 0.173 acres of Neighborhood Park Land or payment of
$232,992.00 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, William Lyon Homes, Inc. has deposited with the City of Dublin
$461,232.00, which is the full amount required to satisfy the obligation for Community Park
Land In-Lieu Fees for Tract 7950; and
WHEREAS, Developer will satisfy the Neighborhood Park Land Dedication
requirement through the payment of in-lieu Park Dedication Fees; and
WHEREAS, William Lyon Homes, Inc. has deposited with the City of Dublin
$232,992.00, which is the full amount required to satisfy the obligation for Neighborhood
Park Land In-Lieu Fees for Tract 7950.
NOW, THEREFORE, BE IT RESOLVED that the payment of $461,232 of Community
Park Land in-lieu fees and $232,992 in Neighborhood Park Land in-lieu fees 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 17th day of March, 2015, by the following
vote:
AYES: Councilmembers Biddle, Gupta, Hart, Wehrenberg, and Mayor Haubert
NOES: None
ABSENT: None
ABSTAIN: None
ayor
ATTEST:
avc
City Clerk
Reso No. 35-15,Adopted 3-17-15, Item 4.4 Page 2 of 2