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HomeMy WebLinkAboutReso 178-16 Traffic Mitigation Contributions Fiscal Year 2015 - 2016 RESOLUTION NO. 178 — 16 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * * * * * * * * * * * * * * * * * MAKING FINDINGS REGARDING UNEXPENDED TRAFFIC MITIGATION CONTRIBUTIONS FOR FISCAL YEAR 2015-16 WHEREAS, the City has collected contributions for completion of off-site public 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 Fiscal Year 2016-2021 Five Year Capital Improvement Program and include the improvements described below: Unexpended Developer Fees as Source of Fee of June 30, 2016 1. Project Specific Mitigation: Central Parkway & Sybase Drive Traffic Signal $55,500.00 2. Project Specific Mitigation: Scarlett Drive Extension Between Dublin Blvd and Dougherty Road (Future $28,801.83 Project) WHEREAS, the two fees and their associated projects described in the recital above are referred to as the "Two Traffic Improvements." NOW, THEREFORE, BE IT RESOLVED that the City Council of City of Dublin hereby find and determine that the foregoing recitals and determinations are true and correct: A. The contributions which have been collected for the Two Traffic Improvements will remain unexpended after Fiscal Year 2015-16. B. The contributions which have been collected for the Two Traffic Improvements will remain committed for construction of the improvements identified in the adopted Capital Improvement Program. C. The purpose for which the contributions will be used is construction of the Two Traffic Improvements, as described above and in the 2016-2021 Capital Improvement Program. D. The contributions were collected to make the Two Traffic Improvements, which improvements will mitigate traffic impacts caused by the new development projects which paid the fees. E. The contributions which have been collected for the Two Traffic Improvements are needed for construction of the Two Traffic Improvements. Reso No. 178-16, Adopted 12/20/2016, Item No. 4.6 Page 1 of 2 PASSED, APPROVED AND ADOPTED this 20th day of December, 2016, by the following vote: AYES: Councilmembers Biddle, Goel, Gupta, Hernandez and Mayor Haubert NOES: ABSENT: ABSTAIN: 1 May,' ATTEST: ^/— City Clerk Reso No. 178-16, Adopted 12/20/2016, Item No. 4.6 Page 2 of 2