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HomeMy WebLinkAboutItem 4.05 Fairway Ranch Tr 7453CI'TY CLERK AGENDA STATEMENT CZTY COUNCIL MEETTNG DATE: NoVember 4, 2003 SUBJECT: Approval of Final Map and Tract Improvement Agreement, and Acceptance of Parkland Requirements for Tract 7453, Fairway Ranch Report Prepared by: Lee S. Thompson, Public Works Director ATTACHMENTS: 1) 2) 3) 4) Resolution Approving Final Map and Tract Improvement Agreement, together with Exhibit "A" Resolution for Acceptance of Parkland Requirements Reduced copy of Final Map, Tract 7453 Location Map of the Neighborhood Square RECOMMENDATI~kj~ 1) FINANCIAL STATEMENT: Adopt Resolution approving Final Map and Tract Improvement Agreement for Tract 7453 Adopt Resolution for Acceptance of Parkland Requirements for Tract 7453 The developer is providing bonds to guarantee construction of the street, grading, utility improvements and landscaping, and will pay the cost of construction inspection. Once improvements have been constructed and accepted, the City will incur maintenance costs for the City-maintained improvements within Tract 7453. DESCRIPTION: The Final Map for Tract 7453 will subdivide the Lin's property generally located between Keegan Street and Fallon Road, and Central Parkway and 1-580 into four lots. Lots 1, 2 & 3, encompassing approximately 20 acres, will be developed as the Fairway Ranch project. Lot 1 will be developed with 322 apartments, Lot 2 with 304 apartments, and Lot 3 with 304 residential condominium units. A future final map for condominium purposes will be processed for Lot 3. The fronting roads to these lots are being dedicated with this Final Map. The remaining 124 acres (Lot 4) will be subdivided and developed in the future in accordance with the Dublin Ranch Master Plan. By separate deed the Lins are dedicating the 1.91-acre Neighborhood Square at Chancery Lane and Finnian WaY in Dublin Ranch, Area G, and a portion of the adjacent Central Parkway right-of-way that is outside the boundary of Tract 7453. COPIES TO: Marty Inderbitzen, Lin's Attorney ITEM NO. 4~ G:XDEVELOP',Dublin Ranch~Fairway Ranch~Final Map~Agenda Statement .doc The Improvement Plans for Tract 7453 have not yet been prepared. The bond amounts and Tract Improvement Agreement are based on an estimate for bonding that contains detailed desCriptions and exhibits defining the improvements to be constructed. In the absence of approved improvement plans, the City has required the developer to bond for 150% of the improvements and for the design. The Final Map for this tract has been reviewed and found to be in conformance with the Tentative Map and the Conditions of Approval. Dedication of the li91-acre Neighborhood Square in Area G satisfies the neighborhood parkland requirements for Lots 1 and 2. The community parkland dedication requirements are met pursuant to credits, as set forth in the Dublin Ranch MaSter Development Agreement. Lot 3 parkland fees will be collected with the Final Map for condominium purposes on Lot 3, or with the Community Facilities Fees at the issuance of building permit if no such map is filed. Staff recommends that the City Council adopt the resolutions approving the Final Map and Tract Improvement Agreement for Tract 7453, and for the Acceptance of Parkland Requirements for Tract 7453. RESOLUTION NO. - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING FINAL MAP AND TRACT IMPROVEMENT AGREEMENT FOR TRACT 7453 WHEREAS, the Final Map for Tract 7453, in the incorporated territory of the City of Dublin, State of California, has been presented to this City Council for approval, all in accordance with provisions of the Subdivision Map Act of the State of California and the City of Dublin Municipal Code; and WHEREAS, the Developer, Chang Su-O-Lin (also known as Jennifer Lin), Hong Lien Lin (also known as Frederic or Frederich Lin) and DR Acquisitions II, LLC, a Delaware Corporation, has executed and filed with the City of Dublin a Tract Improvement Agreement to improve required subdivision improvements in accordance with the Conditions of Approval for the Tentative Map attached thereto; and WHEREAS, said Tract Improvement Agreement is Developers Surety and Indemnity Company in the amount of performance of said Agreement; and secured by a bond furnished by the $ 5,317,000, conditioned upon faithful WHEREAS, said bond furnished by the Developers Surety and Indemnity Company in the mount of $ 5,317,000 secures the Tract Improvement Agreement, conditioned upon payment for labor performed or materials furnished under the terms of said Agreement; NOW, THEREFORE, BE IT RESOLVED that said agreement, attached hereto as Exhibit "A", and bonds are hereby approved, and the Mayor is hereby authorized to execute said agreement. BE IT FURTHER RESOLVED that the Final Map of Tract 7453 is hereby approved, that rights to the areas marked as Keegan Street, Central Parkway, Lockhart Street, Dublin Boulevard, Public Service Easement (PSE), and Emergency Vehicle Access Easement (EVAE), offered for dedication to public use in conformity with the terms of dedication are hereby accepted, subject to improvement, and that the Clerk of this City Council is hereby direCted to transmit said Map to the County Recorder for filing. PASSED, APPROVED AND ADOPTED this 4th day of November, 2003. AYES: NOES: ABSENT: ABSTAIN: ATTEST: Mayor City Clerk CITY OF DUBLIN TRACT IMPROVEMENT AGREEMENT Tract 7453 This agreement is made and entered into this 4th day of November, 2003, by and between the CITY of Dublin, a municipal corporation, hereinafter referred to as "CITY", and Chang Su-O-Lin (also known as Jennifer Lin), Hong Lien Lin (also known as Frederic or Frederich Lin), and DR Acquisitions II, LLC, a Delaware Corporation, ("the Lins"), and Sierra Land Development Corporation, a California Corporation ("Sierra Land") (the Lins and Sierra Land are hereinafter referred to collectively as "DEVELOPER"). RECITALS WHEREAS, it has been determined by the CITY Council of the CITY of Dublin, State of California, that the DEVELOPER of Tract 7453, desires to improve and dedicate those public improvements (hereafter "The Improvements") required by City of Dublin Planning Commission Resolution No. 03-31 adopted on June 24, 2003 in accordance with the requirements and conditions set forth in said resolution, the requirements of the Subdivision Map Act of the ~State of California, the Subdivision Ordinance of the CITY, and described in the Estimate for Bonding Tract 7453, consisting of 14 pages, prepared by MacKay & Somps and dated October 10, 2003, and now on file in the office of the City En§ineer, which are hereby referred to for a more definite and distinct description of the work to be performed under this Agreement as though set forth at length herein; and WHEREAS, DEVELOPER intends to satisfactorily complete The Improvements within the time hereinafter specified, and CITY intends to accept DEVELOPER's offer(s) of dedication of The Improvements in consideration for DEVELOPER's satisfactory performance of the terms and conditions of this Agreement: NOW, THEREFORE, in consideration of the mutual promises, conditions and covenants herein contained, the parties agree as follows: 1. Completion Time. DEVELOPER will commence preparation of plans for the construction of The Improvements within thirty (30) days following the date on which CITY executes this Agreement. DEVELOPER shall complete said improvements not later than two years following said date of execution. Time is of the essence in this Agreement. Upon completion, DEVELOPER shall furnish CITY with a complete and reproducible set of final as- built plans of The Improvements, including any authorized modifications. TRACT IMPROVEMENT AGREEMENT Tract 7453 2. Estimated Cost of Improvements. The estimated cost of constructing The Improvements required by this agreement as presented in the Estima.Ce' for Bonding Tract 7'4'J3, dated October 10, 2003 prepared by "MacKay and $omps is agreed to be $ 5,3'!7,000.00. Said amount includes a 50% contingency that will be reduced to 10% when a new estimate for bonding is prepared and approved based on approved plans. The bond amount for the sanitary sewer and water improvements will be eliminated from the bond amount when these items are .bonded with the Dublin San Ramon Service District. Said amount also includes costs and reasonable expenses and fees which may be incurred in enforcing the obligation secured. 3. Bonds Furnished. Concurrently with the execution of this Agreement, DEVELOPER shall furnish CITY with the following security in a form satisfactory to the CITY Attorney: A. Faithful Performance. Either a cash deposit, a corporate surety bond issued by a company duly and legally licensed to conduct a general surety business in the State of California, or an instrument of credit equivalent to one hundred per cent (100%) of the estimate set forth in Paragraph 2 and sufficient to assure CITY that The.Improvements ~will be satisfactorily completed. B. Labor and Materials. Either a cash deposit, a corporate surety bond issued by a company duly and legally licensed to conduct a general sure. ty business in the State of' California, or an instrument of credit equivalent to one-hundred per cent (100%) of the eStimate set forth in Paragraph 2 and sufficient to assure CITY that DEVELQPER'S contractors, subcontractors, and other persons furnishing labor, materials, or equipment shall be paid therefor. C..If required by CITY, a cash deposit, corporate surety bond, or instrument of credit sufficient to assure CITY that the surface water drainage of the subdivision shall not interfere with the use of neighboring property, including pubtic streets and highways. CITY shall bethe sole indemnitee named on any instrument required by this. Agreement. Any instrument or deposit required herein shall conform with the provisions of ChaPter 5 of the Subdivision Map Act. 4. insurance Required. Concurrently with the execution hereof, DEVELOPER shall obtain or cause to be obtained with the CITY, all insurance required under this paragraph. Prior to the commencement of work under this Agreement, DEVELOPER's general contractor shall obtain or cause to be obtained, all insurance required under this paragraph. DEVELOPER and DEVELOPER's general contractor shall provide proof satisfactory to City of such insurance that meets the requirements of this section and under forms of insurance satisfactory in all respects to the City. DEVELOPER shall not allow a~.y contractor or subcontractor to commence work on this contract or subcontract until all insurance required TRACT IMPROVEMENT AGREEMENT Page 2 o1'2 Tract '7433 for DEVELOPER and DEVELOPER's general contractor shall have been so obtained and approved. Said insurance shall be maintained in full force and effect until the completion of 'work under this. Agreement and the final acceptance thereof by CITY. All requirements herein provided shall aPpear either in the body of the insurance policies or as endorsements and shall specifically bind the insurance carrier. A. Minimum Scope of Insurance. Coverage shall be at least as broad as: 1) Insurance Services Office form .number GL 0002 (Ed, 1/73) covering comprehensive General Liability and'Insurance Services Office form number GL 0404 covedng Broad Form Comprehensive General Liability; or Insurance Services Office Commercial Generai Liability coverage ("occurrencef' form CG 0001 .) 2) Insurance .Services Office form number CA 0001 (Ed. 12/90) covering Automobile Liability, code 1 "any auto" and' endorsement CA 0025. 3) Workers' Compensation insurance as required by the Labor Code of the State of California and Employers Liability Insurance. B. Minimum. Limits of Insurance. DEVELOPER shall maintain limits no less than: 1 ) General Liability: $1,000,000 combined single limit per occurrence for bodily injury, personal injury and properly damage, if commercial General Liability Insurance or other form with a general.aggregate limit is used, either the general aggregate limit shall apply separately to.this project/location or the general aggregate limit shall be twice the required occurrence limit. 2) Au(omobile Liability: $1,000,000 combined single limit per accident for bodily injury and property damage. 3) Workers' Compensation and Employers Liability: Workers' compensation limits as required by the Labor. Code of the State of California and 'Employers Liabitity limits of $1,000,000 per accident, C. Deductibles and Self-lnsurance Retentions. Any deductibles or self- insured retentions must be. declared to and approved by the CITY. At the °ption of the CITY, either the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the CITY, its officers, officials and employees; or the DEVELOPER shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses. D. Other Insurance ProviSions. contain, the following provisions: The policies are to contain, or be endorsed to 1) General Liability and Automobile Liability Coveraaes. TRACT IMPRO¥'E,'~b~ AGPCEEMENT Pa2e 3 of 10 a) The CITY, its officers, agents, officials, employees and volunteers shall be named as additional insureds as respects: liability arising out of activities performed by or on behalf of the DEVELOPER; . products and completed operations of the DEVELOPER; premises owned, occupied or used by.the DEVELOPER; or automobiles.owned, leased, hired or borrowed by the DEVELOPER. The coverage shall contain no special limitations on the scope of the protection afforded to the CITY, its officers, officials,, employees or volunteers. ..The DEVELOPER's insurance coverage shall be primary insurance as respects the CITY, its officers, officials,-employees and volunteers. Any insurance or self-insurance maintained by the CITY, its officers, officials, employees or volunteers shall be ' excess of-the DEVELOPER's insurance .and shall not contribute with it. Any. failure to comply with reporting provisions of the policies shall not affect coverage provided to the CITY, its officers, officials, em ployees or volunteers. d) The DEVELOPER's insurance shall apply separately to each insured against-whom .claim is made or suit is brought, except with respec~ to the limits of the insurer's liability. 2) Workers' Compensation and Employers Liability Coverage. The insurer shall agree to waive all rights of subrogation against the CITY, its officers, officials, employees and volunteers for losses arising from work performed by the DEVELOPER for the CITY. 3) A!I Covera.qes.' Each insurance policy required by this clause shall be endorsed to state that coverage shall not be suspended, voided, cancelled by either party, redUced in coverage or in limits except after thirty (30) days' prior written notice by certified mail; return receipt requested, has been given to the CITY. a) AcceptabilitY of insurers, insurance-is to be placed with insurers with a Bests' rating'of no less than A:Vil. b) Verification of Coverage. DEVELOPER shall furnish CITY ,,Nth certificates of insurance and with original endorsements affecting coverage required by this 'clause. The certificates and endorsements for each insurance policy are to be signed by a person authorized by that insurer to bind coverage on its behalf. '['.he certificates and endorsements are to be received and approved by the CITY before work commences. The CITY reserves the right to require complete, certified copies of ali required insurance policies, at any time. Subcontractors. DEVELOPER and/or DEVELOPER's generat contractor shall include all subcontractors as insureds under its polities or. shall obtain separate certificates and endorsements, for. each subcontractor. All coverages for subcontractors shall be subject to all of. the requirements stated herein. 5. Work Performance and Guarantee. Except as otherwise expressly provided in this Agreement, and excepting only items of routine maintenance, ordinary wear.and tear and unusual abuse or neglect, DEVELOPER guarantees all work executed by DEVELOPER and/or DEVELOPER's agents, and all supplies, materials and devices of whatsoever nature incorporated in, or attached to the work, or otherwise delivered to CITY as a part of the work pursuant to the Agreement, to be free of ali defects of workmanship and materials for a period of one (1) year after initial acceptance of the entire ~vork by CITY. DEVELOPER shall repair or replace any or all such work or material, together with all or any other work or materials which may be displaced or damaged in so doing, that may prove defective in workmanship or material within said one- year guarantee period without expense or charge of any nature whatsoever to CITY. DEVELOPER further covenants and agrees that when defects in design, workmanship and materials actually appear during the one-year guarantee period, and have been corrected, the guarantee period shall automatically be extended for an additional year to insure that such defects have actually been corrected. in the event the DEVELOPER shall fail to comply With the conditions of the foregoing guarantee within thirty (30) days time, after being notified of the defect in writing,' CITY shall have the dght, but shall not be obligated, to repair.or obtain the repair of the defect, and DEVELOPER shall pay to CITY on-demand all costs and expense of such repair; Notwithstanding anything herein to the contrary, in the event that any defect in workmanship of material covered by the foregoing guarantee results in a condition which constitutes an · immediate hazard to the public health., safety, or welfare, CITY shall have the.right to immediately repair,, or cause to be repaired, such defect, and DEVELOPER shall pay to CiTY on demand all costs and expense of such repair. The foregoi.ng statement relating to hazards to health and safety shall be .deemed to include' either temporary .or permanent repairs -which may be required as determined in the sole discretion and judgment of CITY. If CITY, at its sole option, makes or causes to be made the necessary repairs or replacements or performs the necessary wo.CK, DEVELOPER shall pay, in addition to actual costs and expenses of such repair or work, fifty Percent (50%) of such costs and expenses for overhead and' interest atthe maxi mum rate of interest permitted-by taw accruing thirty (30) days from the date of billing for such work or repairs. 6. Inspection of the Work: DEVELOPER shall guarantee free access to CITY through its City Engineer and his designated representative for the safe and convenient 'inspection of the work throughout its Construction. Said CITY representative Shall have the authority to reject all materials and workmanship which are not in accordance with the ptans and specifications, and ail such materials and or work shall be removed promptly by DEVELOPER and replaced to the satisfaction of CITY without any expense to CiTY in strict accordance with the improvement plans and specifications. 7-. Agreement Assianmen_L This Agreement shall not be assigned by DEVELOPER without the ~¢itten consent of 'CITY. 8. Abandonment of WOrk. Neither DEVELOPER nor any of DEVELOPER's agents or contractors are or shall be considered to be agents of .CITY in COnnection' With the performance of DEVELOPER's obligations under this Agreement. 'If DEVELOPER refuses or fails to .obtain prosecution of the work, or any severable part thei-eof, with such diligence as will insure its completion within the time specified, or any extension thereof, or fails to obtain completion of said work within such time, or if DEVELOPER .should. be adjudged as bankrupt, or should make a general assignment for the benefit of' DEVELOPER's creditors, or if a receiver should be appointed, or if DEVELOPER, or any of DEVELOPER's contractors, subcoptractors, agents or employees should violate any of the provisions of this Agreement, the CiTY through its Pubtic Works Director may serve written notice on DEVELOPER and DEVELOPER's surety or holder of Other security of breach'of this Agreement, or of any portion, thereOf, and default of DEVELOPER. In the event of any such notice of breach of this Agreement, DEVELOPER's surety .shall have the duty to take over and complete The Improvements herein specified; provided, however, that if the surety, within thirty (30) days after the serving upon it of such notice 'of breach, does not give CITY written notice of its intention to take over the performance of the contract, and does no( commence performance thereof within thirty (30) days after notice to CfTY' of such election, CITY may take over the work and prosecute the same to cOmpletion, by contraCt or by any other method C,ITY may deem advisable, for the account and at the expense of DEVELOPER and DEVELOPER's surety shall be liable to CITY for any damages and/or reasonable and documented excess costs occasioned by CITY thereby; and, in such event, CITY, without liability for so doing, may take possession of, and-utiti, ze in completing the work, such materials, appJian.ces, plant and other property belonging to DEVELOPER as may be on the site of the work and necessary therefor. All notices herein required shall be in *~iting, and delivered in person or sent by registered mail, postage prepaid. Notices required to be given to CITY shall be addressed as follows: City Manager City of Dublin 100 Civic Plaza Dubtin, CA 94568 Notices required to be given to DEVELOPER shall be addressed as follows: Martin Inderbitzen Attorney at Law 7077 Koli Center Plaza, ¢120 Pteasanton, California 94.566 and The Lin Family c/o James Tong. 4690 Chabot Drive, Sui'te 100 Pleasanton, CA 94588 Notices required to be given surety of DEVELOPER shall be addressed as follows: Martin tnderbitzen Attorney at Law 7077 Koll Center Plaza, ¢120 Pleasanton, Catffomia 94566 Any party or the surety may change such address by notice in writing to' the other party and thereafter notices shall be addressed and transmitted to 'the new address.. 9. Use of Streets or Improvements. At all times prior to the final acceptance of the work by CITY, the use of any or all streets and improvements within the work to be performed under this Agreement shall be at the sole and exclusive risk of DEVELOPER. The issuance of any building or occupancy permit by CITY for dwellings located within the tract shall not be construed in any manner to constitute a partial or final acceptance or approval of any or all sUch i~provements by ClTI'Y. DEVELOPER agrees that CITY's. Building Official may withhold the issuance of building or occupancy permits when the work or its progress may substantially and/or detrimentally affect public health and safety. 10. Safety Devices. DEVELOPER shall provide and maintain such guards, watchmen, fences, barriers, regulatory signs; warning'lights, and other safety devices adjacent to and on the tract site as may be necessary to prevent accidents to the public and damage to the property. DEVELOPER shatt fumi .s.h, Cace, and maintain such iights as may be necessary for illuminating the said fences, barriers, signs, and other safety devices. At the end of all work to be performed under this Agreement, all fences, barriers, regulatory signs, warning lights, and other safety devices (except such safety items as may be shown on the plans and included in the items of work) shall be remOVed from site of the work by the DEVELOPER, and the entire site left clean and orderly. 11. Acceptance of Work. Upon notice of the completion of all tract work and the delivery of a set of final as-built plans to CITY by DEVELOPER, CITY, through its City Engineer or his designated ~'epresentative, shall examine the tract work without delay, and, if found to be in accordance with said plans and specifications and this Agreement, shall recommend acceptance of the work to the City Coundl ,and,- upon such acceptance, shall notify DEVELOPER or his designated agents of such acceptance. 12. Patent and Copyri,qht Costs. In the event that said plans and specifications require the use of any material, process or publication which is. subject to a duly registered patent or cop~ight, DEVELOPER shall be liable for, and shall indemnify CITY from any fees, costs or litigation expenses, inoiuding attorneys' fees and court costs, which may result from 'the use of said patented or copyrighted material, process or publication. 13. Alterations in Plans and Specifications. Any alteration or alterations made in the plans and. specifications which are a part of this Agreement or any provision of this Agreement shall not operate to release any surety or sureties from liability on any bond or bonds attached hereto and made a part hereof, and consent to make such alterations is hereby given, and the sureties to said' bonds hereby waive the provisions of Section 2819 of the Civil Code of the State of California. I4. Liability. A. DEVELOPER primarily Liable. DEVELOPER hereby warrants that the design and construction of The improvements will not adversely affect any portion of adjacent properties and that all work will be performed in a proper manner. DEVELOPER agFees to indemnify, defend, re~ease, and save harmless CITY, and each of its elective and appointive boaFds, commissions, officers agents and employees, from and against any and ali tos.s, claims, suits, liabilities actions, damages, or causes of action of every'kind, nature and description, directly or indirectly arising from an act or omission of DEVELOPER, its employees, agents, or independent contractors in connection with DEVELQPER'S actions and obligations hereunder; provided as follows: 1 ) That'Cl'FY does not, and Shall not, waive any rights against DEVELOPER which it may have by reason of the aforesaid hold harmless agreement, because of the acceptance by CITY, or the deposit with CITY by DEVELOPER, of any of the insurance, policies described in Paragraph 4' hereof. 2) That the aforesaid hold harmtess agreement by DEVELOPER shall apply to all damages and claims for damages of every kind suffered, or alleged to have been suffered; by reason of any of the aforesaid operations referred to in this paragraph, regardless of whether or not CITY has prepared, supplied, or approved of plans and/or specifications for the subdivision, or regardless of . Whether'or not such insurance policies shall have been determined to be applicable to any of such damages or claims for damages. 3) Desi,qn Defect. ~f, in the opinion of the CITY, a design defect in the work of improvement becomes apparent during the course of COnstruction, or within one (1) year following acceptance by the CITY of the improvements, and said design defect, in the opinion of the CITY, may substantially impair the public health and safety, DEVELOPER shall, upon order by the CITY, correct said'design defect at his sole cost and expense, and the sureties under' the Faithful Performance and Labor and Materials Bonds shall be liable to the CITY for the corrective work required.' 4) Litigation Expenses. l'n the event that legal action is instituted by either party to this Agreement, 'and said action seeks damages for breach of this Agreement or seeks to specifically enforce the terms of this Agreement, and, in the event judgment is entered in said action, the prevailing party shall be entitled' to recover its attorneys' fees and court costs. If CITY is the prevailing party, CITY shall atso be entitled to .recover its attorney's.fees and costs in any action against DEVELOPER's sUrety on the bonds provided under paragraph 3. 15. Recitals. The foregoing Redtais are true and correct and are. made a part hereof. IN W~TNESS WHEREOF, the parties hereto have executed this Agreement in duplicate at Dublin, California, the day and year first above written. CITY OF DUBLIN: By: Janet Lockhart,'Mayor DEVELOPER: ~.,.~...~../~..-,~., .~ Date_~/~ ¢2,, Chang ,~uLO-Lin,~ (als° kno~ as Je'nnif~f ATTEST: By: Kay Keck, City Clerk Hong L~en Lm ¢'~'.~,¢. (also known as Frederich Or Frederic Lin) ao Lin ¢,~-¢ (also known as Kevin Lin) ;Development Corporation 3ame~cretary' Date:.//'o*- RESOLUTION NO. - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTANCE OF PARKLAND REQUIREMENTS FOR TRACT 7453 FINAL MAP WHEREAS, pursuant to Section 8-7.1 of Subdivision Ordinance 1-91, as adopted bY the City of Dublin, and City of Dublin Municipal Code 9.28.020, and as amended by City Council Resolution 60-99, each subdivider of land for residential uses shall as a condition of the 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 Lin Family is subdividing land to create three lots for developing 626 multi- family residential dwelling units on Lots 1 and 2, and 304 residential condominium units on Lot 3;' and WHEREAS, the Lin Family has dedicated to the City of Dublin 1.91 acres of land for a Neighborhood Square; and WHEREAS, the City Neighborhood Parkland dedication requirements in accordance with the adopted fee schedule associated with the Neighborhood Parkland component of the Public Facility Fee for Multi-Family Residential Dwelling Units in Eastern Dublin is 1.88 acres for Lots 1 and 2; and WHEREAS, the Neighborhood Park land dedication requirements for Lot 3 will be met priOr to filing of the Final Map for condominium purposes on Lot 3 or prior to issuance of a building permit, if no such map is filed; and WHEREAS, the Master Development Agreement between the City of Dublin and the Lin Family for the Dublin Ranch Project (Areas A, B, C, D, E, F, G, and H) recorded as Series No. 99251790 on July 8, 1999, obligates the Lin Family to convey Community Park land in eastern Dublin and will therefore satisfy the Community Park Land dedication requirement of 4.38 acres for Lots 1 and 2; NOW, THEREFORE, BE IT RESOLVED that the aforesaid dedication and in-lieu fee is hereby accepted as performance of the Lin Family's obligation for Lots 1 and 2 of Tract 7453 under Section 8-7.1 et seq. of the aforesaid Subdivision Ordinance 97-1. PASSED, APPROVED AND ADOPTED this 4th day of November, 2003. AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk Mayor /3 ::::::::::::::::::::::::::::::::::::: o ..121