Fiscal Plan for Cornerstone L.P. Annexation Area in German Township

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RESOLUTION NO. W949 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND ADOPTING A WRITTEN FISCAL PLAN AND ESTABLISHING A POLICY FOR THE PROVISION OF SERVICES TO AN ANNEXED AREA IN GERMAN TOWNSHIP (CORNERSTONE L.P. ANNEXATION) WHEREAS, there has been submitted to the Common Council of the City of South Bend, Indiana, an ordinance which proposes the annexation of the real estate described hereinafter as Exhibit "A ", located in German Township, St. Joseph County, Indiana, and which also proposes a reclassification of the zoning to "D" Light Industrial, "A" Height & Area; and WHEREAS, the territory proposed to be annexed encompasses approximately 52.33 acres of unimproved, undeveloped field land located directly on the north side of Edison Road, approximately 1,400' west of Oak Road, in German Township, St. Joseph County, Indiana, which is not contiguous to the boundaries of the City of South Bend, but which is entirely within two miles of the South Bend City limits; is zoned in St. Joseph County for industrial purposes, specifically "M" Manufacturing; is to be used as an industrial park containing one or more businesses; and the owner of this territory has consented to its annexation. The development of the territory proposed to be annexed will require • basic level of municipal public services, including services of • non - capital nature such as fire and police protection, and street and road maintenance, and services of a capital improvement nature, including street lighting, roads, curbs, sidewalks, sanitary sewer facilities and water facilities; and WHEREAS, the Common Council of the City of South Bend, Indiana, now desires to establish and adopt a fiscal plan and establish a definite policy showing: (1) the cost estimates of services of a non - capital nature, including street and road maintenance, police and fire protection, and other non - capital services normally provided within the corporate boundaries, and services of a capital improvement nature, including street lighting, roads, curbs, sidewalks, water facilities, and sanitary sewer facilities; (2) the method(s) of financing those services; (3) the plan for the organization and extension of those services; (4) that services of a non - capital nature will be provided to the annexed area within one (1) year after the effective date of the annexation, and that they will be provided in a manner in standard and scope to similar non - capital services provided to areas within the corporate boundaries of the City of South Bend, regardless of similar topography, patterns of land use, or population density; (5) that services of a capital improvement nature will be provided to the annexed area within