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Fiscal Plan for Olive Road 3 Annexation Area in German Township
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Fiscal Plan for Olive Road 3 Annexation Area in German Township
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12/9/2014 3:11:21 PM
Creation date
11/20/2014 3:45:59 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
10/13/2003
Ord-Res Number
3250-03
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Olive Road 3 Annexation Area 9 <br />Summary Table - Fiscal Impact <br />Expenditures <br />Capital (est.) <br />Non - Capital <br />Per Year (est.) <br />5 -Year <br />Sewer Extension <br />$0.00 <br />n/a <br />$0 <br />Water Extension <br />$0.00 <br />n/a <br />$0 <br />Street Lights <br />$0.00 <br />TIF <br />$0 <br />Police <br />$0.00 <br />$276.00 <br />$1,380 <br />Fire <br />$0.00 <br />$130.00 <br />$650 <br />Code <br />$0.00 <br />$16.00 <br />$80 <br />Street Maintenance <br />$0.00 <br />$0.00 <br />$0 <br />Street Lights <br />$0.00 <br />$0.00 <br />$o <br />Street Construction <br />$0.00 <br />TIF <br />$0 <br />Total <br />$2,110 <br />Revenues <br />Tax Year <br />@ <br />Property Taxes <br />unincorporated = <br />02103 <br />$1,214.00 <br />(year 1) <br />03/04 <br />$486 <br />(year 2) <br />04/05 <br />$300 <br />(year 3) <br />05/06 <br />$100 <br />(year 4) <br />06/07 <br />$100 <br />(year 5) <br />07/08 <br />$300 <br />MVIVLRSA <br />estimated from 2000 revenue /mile <br />@$12,618 <br />x S years <br />$0 <br />Total <br />$1,286 <br />Estimated full net assessment: $10,000 <br />Estimated tax income per year after full development potential is reached: $300 <br />
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