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HomeMy WebLinkAboutReso 54-16 Wallis Ranch In Lieu Credits Tr 7715 RESOLUTION NO. 54 — 16 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 7715, WALLIS RANCH, NEIGHBORHOOD 5 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, Warmington Wallis N5 Associates, LLC, a Delaware Limited Liability Company, is filing a Final Map for Tract 7715 to develop 60 residential dwelling units constructed on 20 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 7715 are 1) Dedication of 0.420 acres of Community Park Land or payment of $518,760.00 in Community Park Land In-Lieu Fees, and 2) Dedication of 0.180 acres of Neighborhood Park Land or payment of $257,220.00 in Neighborhood Parkland In-Lieu Fees; and WHEREAS, Developer has possession of 0.420 acres of Community Park Land credits, which the Developer desires to have applied to fully satisfy the Community Park Land obligation for Tract 7715; and WHEREAS, Developer has possession of 0.180 acres of Neighborhood Park Land credits, which the Developer desires to have applied to fully satisfy the Neighborhood Park Land obligation for Tract 7715. NOW, THEREFORE, BE IT RESOLVED that the aforesaid application of 0.420 acres of Community Park Land Credits and the application of 0.180 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 19th day of April, 2016, by the following vote: AYES: Councilmembers Biddle, Gupta, Hart, Wehrenberg, and Mayor Haubert NOES: None ABSENT: None ABSTAIN: None , 0.,01 vac Mayor ATTEST City Clerk Reso No. 54-16,Adopted 4-19-16, Item 4.6 Page 1 of 1