Fiscal Plan for Mahler/Stidham Annexation Area in German Township

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of land use, or population density, and in a manner consistent with federal, state and local laws, procedures, and planning criteria. Section III. The Common Council for the City of South Bend shall and does hereby now establish and adopt The Fiscal Plan as set forth in Exhibit "A ", attached hereto and made a part hereof, for the furnishing of said services to the territory to be annexed, which Fiscal Plan provides among other things, that sanitary sewer mains are currently in place and available to service this annexation area; that a water main line on the south side of Cleveland Road will be sufficient to service this area; that any extensions of water and sewer main lines will be paid from Airport Economic Development Area TIF; that improvements will be made to Cleveland Road (which will be called Nimtz Parkway upon annexation), the cost of which improvements will be paid out of the Airport Economic Development Area TIF; that any appropriate street lighting will be paid out of the Airport Economic Development Area TIF; and that an approved drainage plan will be required with any improvements to Cleveland Road. Section IV. This Resolution shall be in full force and effect from and of its date of adoption by the Common Council and approval by the Mayor PRESENTED NOT APPROVED 1_ WPTED tz-`O�-03 Z6 �' /j - Member, South Bend Co on Council Filed In Clerk's Office FMAY 2 7 2003 LORETTA J. WDA CRY CLEM AO. SEND, IN.