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Royal Oak Annexation Area 4 <br />D. Size of Annexation Area <br />The Annexation Area is 86.569 acres in area. The topography is relatively flat. <br />E. Buildings and Land Use <br />The east side of the site contains a church building. The west side of the site is being developed as <br />a residential subdivision. <br />F. Zoning & Subdivisions <br />The site is zoned "R" Residential in unincorporated St. Joseph County. The Area is proposed to <br />be zoned "A" Single Family Residential upon annexation. There is no recorded subdivision as of <br />the date of the preparation of this fiscal plan. <br />G. Population <br />There is no resident population within the Annexation Area. <br />H. Tax Rate <br />The tax rates used are those of 1998 payable in 1999. <br />The Township Rate will decrease by $.4382 per $100.00 of assessed valuation with the deletion of <br />the Fire Fighting Fund and the Cumulative Fire assessments. <br />The tax rate for the Annexation Area will increase by $7.6051 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 $7.1669 per $100.00 of assessed valuation. Table 2 <br />shows representative tax rate information as published by the St. Joseph County Auditor. <br />I. Assessments <br />1998 payable 1999, St. Joseph County Auditor property tax records: <br />Land: $205,200 <br />Improvements: $485,430 <br />Non - Profit: ($681,200) <br />Net: $9,430 <br />I Municipal Legislative District <br />The Annexation Area will be in the 5th District. <br />Filed In Clerk's office <br />MAR 0 8 200D <br />u txeo� <br />rasr" Sat <br />