RES 84181 - Laserfiche WebLink

CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 84-181 RESOLUTION DECLARING PARCEL IN FOOTHILL KNOLLS AS SURPLUS AND APPROVING AGREEMENT RE PRIVATE PARK WHEREAS, Foothill Knolls is an 80-unit development located on a 43 acre site located on the east side of Foothill Road approximately 4,000 feet north of Bernal Avenue adjacent to 1-680; and WHEREAS, as a condition of approval, the owner was required to dedicate to the City lands for an approximately 1.75 acre park; and WHEREAS, the present developer, Falcon Development Company, has proposed a park which would invite various recreational uses and would require a high level of maintenance; and WHEREAS, Falcon Development Company has proposed purchasing the land back from the city, developing the park as a private park, providing a public recreational easement to the park in perpetuity, and providing for park maintenance through a Foothill Knolls Owners Association; and WHEREAS, the proposal of Falcon Development Company was considered by the Park and Recreation Commission at its meeting of March 21, 1984 and it recommended approval of this plan; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS FOLLOWS: Section 1: Declares that the parcel of land (approximately 1.75 acres) located in Foothill Knolls between the 1-680 freeway and the parallel subdivision street, subject to an easement for park and recreation purposes, as surplus. Section 2: The City determines that the fair market value for the property, subject to the easement and obligation to maintain, is $75,000. Section 3: The City Council finds that because of the location and configuration between 1-680 and the adjacent residential parcel (Tract 5065), the only practical us of said parcel is as plottage to Tract 5065.