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Fiscal Plan for Omar M. Abuhilal Annexation Area in German Township
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Fiscal Plan for Omar M. Abuhilal Annexation Area in German Township
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Last modified
11/20/2014 2:07:55 PM
Creation date
11/20/2014 10:30:18 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/12/2004
Ord-Res Number
3282-04
Bill Number
04-04
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OmarM Abuhilal Annexation <br />E. Buildings and Land Use <br />There is one residence in the Annexation Area, used for residential purposes. <br />F. Zoning & Subdivisions <br />The site is zoned "R" Residential in unincorporated St. Joseph County. It is proposed to be zoned <br />"A' Single Family upon incorporation. <br />G. Population <br />There are two people residing in the Annexation Area. <br />H. Tax Rate (This Annexation is not subject to taxation) <br />The tax rates used are those of 2001 payable in 2002. <br />The Township Rate will decrease by $.1908 per $100.00 of assessed valuation with the deletion of <br />the Fire Fighting Fund, the Fire debt Fund and the Cumulative Fire assessments. <br />The tax rate for the Annexation Area will increase by $2.8726 with the addition of the City and <br />Town Rate, the Redevelopment District Rate and the South Bend Transpo Rate. <br />The net increase in property taxes will be $2.6818 per $100.00 of assessed valuation. Table] <br />shows representative tax rate information as published by the St. Joseph County Auditor. <br />I. Assessments <br />2002 payable 2003, St. Joseph County Auditor property tax records: <br />Land: $21,000.00 <br />Improvements: $62,200.00 <br />Net: $39,200.00 <br />Estimated net assessment at build out for the proposed development: $39,200.00 <br />Municipal Legislative District <br />The Annexation Area will be in the 1st District. <br />
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