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HomeMy WebLinkAboutReso 04-16 Wallis Ranch Tr 8169 In Lieu Credits RESOLUTION NO. 4 — 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 8169, WALLIS RANCH, NEIGHBORHOOD 8 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, TH WR-8 Venture LLC, a Delaware limited liability company, is filing a Final Map for Tract 8169 to develop 139 residential dwelling units constructed on 139 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 8169 are 1) Dedication of 0.973 acres of Community Park Land or payment of $1,201,794.00 in Community Park Land In-Lieu Fees, and 2) Dedication of 0.417 acres of Neighborhood Park Land or payment of $595,893.00 in Neighborhood Parkland In-Lieu Fees; and WHEREAS, Developer has possession of 0.973 acres of Community Park Land credits, which the Developer desires to have applied to fully satisfy the Community Park Land obligation for Tract 8169; and WHEREAS, Developer has possession of 0.417 acres of Neighborhood Park Land credits, which the Developer desires to have applied to fully satisfy the Neighborhood Park Land obligation for Tract 8169. NOW, THEREFORE, BE IT RESOLVED that the aforesaid application of 0.973 acres of Community Park Land Credits and the application of 0.417 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 January, 2016, by the following vote: AYES: Councilmembers Biddle, Gupta, Hart, and Wehrenberg NOES: None ABSENT: Mayor Haubert ABSTAIN: None Mayor Pro Tern ATTEST: ,lam I. • T\-1 City Clerk / / / Reso No.4-16,Adopted 1-19-16, Item 4.8 Page 1 of 1