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HomeMy WebLinkAboutReso 01-05 TraficMitgation RESOLUTION NO. 01· 05 A RESOLUTION OF THE CITY COUNCIT., OF THE CITY OF DUBLIN ....*****.*** MAKING FINDINGS REGARDING UNEXPENDED DOWNTOWN TRAFFIC MITIGATION CONTRfflUTIONS ,FOR FISCAL YEAR 2003·2004 Recital I. 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 2004·2009 Capital Improvement Program and include the improvements described below: .. .. Proiect Name .~'" Dougherty Road· North of f\mador Valley Boulevard ~!!.trick Way - RegÌqna1 to Golden Gate Dougherty Road Improvements . Houston Place to 1·580 Bike Lane - Amador Valley Boulevard Stallecoach Road to Dougherty Road Dublin Boulevard Improvements - Sierra ~!:!. to Dublin Court__ Scarlett Drive Tron Horse Trail Extension Unexpended Developer Deposit Balances as of June 30. 2004 .. $195,735 $182,052 _.' $63,065 $24 069 $71 893 $7~,865 2. The Six projects described in the recital above are referred to as the" Six Traffic Improvements. " Findines The Council finds, on the basis of the foregoing Recitals, that: A. The contributions which have been collected for the Six Traffic Improvements will remain unexpended in Fiscal Year 2003·2004; B. The contributions which have been collected for the Six Traffic Improvements will remain connmtted for construction of the improvements identified in the adopted Capitallmprovement Program; C. The purpose for which the contributions will be used is construction of the Six Traffic Improvements, as described above and in the 2004 - 2009 Capital Improvement Program; D. The contributions were collected to make the Six 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 Six Traffic Improvements are needed for construction of the Six Traffic Improvements. PASSED, APPROVED, AND ADOPTED THIS 4th day ofJanuary, 2005 AYES: CouncilmembeTS Hildenbrand, McConnick, Sbranti and Zika, and Mayor Lockhart. NOES: None ABSENT: None ABSTAIN: None :i~ ~U@¡)( Mayor ATIJ ~ 1Ilm../ ~ - Deputy City I¡,rk mCC-MTGS\200S~¡1rl \}",,\O ¡.o..o5'=o--abI600.00c (ltom '.2)