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Fiscal Plan for Salah & Cynthia Hilal II Annexation Area in German Township
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Fiscal Plan for Salah & Cynthia Hilal II Annexation Area in German Township
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Last modified
12/17/2014 12:31:49 PM
Creation date
12/12/2014 10:59:00 AM
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Template:
City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
2/24/2003
Ord-Res Number
3164-03
Bill Number
03-21
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Salah & Cynthia Hilal II Annexation Area 10 <br />Summary Table - Fiscal Impact <br />Expenditures <br />Ppital (est.) <br />Non - Capital <br />Per Year (est.) <br />5 -Year <br />Sewer Extension <br />$0.00 <br />Developer Cost <br />$0 <br />Water Extension <br />$0.00 <br />Developer Cost <br />$0 <br />Street Lights <br />$0.00 <br />Developer Cost <br />$0 <br />Police <br />$0.00 <br />$0.00 <br />$0 <br />Fire <br />$0.00 <br />$0.00 <br />$0 <br />Code <br />$0.00 <br />$0.00 <br />$0 <br />Street Maintenance <br />$0.00 <br />$525.00 <br />$2,625 <br />Street Light Maint. <br />$0.00 <br />$0 <br />Total <br />$2,625 <br />Revenues <br />Tax Year <br />Property Taxes <br />unincorporated = <br />01102 <br />$595.01 <br />(year l) <br />02/03 <br />$517 <br />(year 2) <br />03/04 <br />$907 <br />(year 3) <br />04105 <br />$4,534 <br />(year 4) <br />05/06 <br />$6,801 <br />(year 5) <br />06/07 <br />$12,967 <br />MVH/LRSA <br />estimated from 2000 revenue /mile <br />x 5 years <br />$883 <br />Total <br />$26,609 <br />- Estimated full net assessment: 5572,700 <br />- Estimated tax income (City po.ion) per year after full development potential is reached: 513,000 <br />- This Annexation Area is an integral part of the Salah & C .mthia Annexation Area, effective <br />1/5/03, and cost of services has already been determined and allocated, with the exception of the <br />street maintenance, which has been added to this Annexation Area. Filed In Clerk's Office <br />FEB 12 2003 <br />LORETTA J. DUDA <br />CITY CLERK, So. SEND, OL <br />
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