Fiscal Plan for Wal-mart Portage Annexation Area in German Township

Home Browse Search

Wal -Mart Portage Annexation Area H. Tax Rate The tax rates used are those of 1996 payable in 1997. The Township Rate will decrease by $.5426 per $100.00 of assessed valuation with the deletion of the Fire Fighting Fund, the Fire Debt Fund and the Cumulative Fire assessments. The tax rate for the Annexation Area will increase by $7.024 with the addition of the City and Town Rate, the Redevelopment District Rate and the South Bend Transpo Rate. The net increase in property taxes will be $6.4814 per $100.00 of assessed valuation. Table 2 shows representative tax rate information as published by the St. Joseph County Auditor. I. Assessments Net Assessment 1996 payable 1997, St. Joseph County Auditor property tax records: Net Assessment: $13,660.00 J. Councilmanic District The Annexation Area will be in Councilmanic District 1. K. Hiring Plan It is anticipated that this annexation will not result in the elimination of jobs for employees of any other governmental entities. The German Township Trustee has been notified of this annexation. SECTION III. MUNICIPAL SERVICES A. Public Works There is an existing 15" sewer in Portage Road, terminating 444' north of Bendix Drive. There is an existing 12" water main in Portage Road which extends north past the Annexation Area. This main supplies the Hurwich Farms Apartment complex and the Meijer store. The Department of Public Works advises that a traffic study be done by the developer to determine if Portage Road requires widening, or whether a traffic signal is feasible. The only traffic lighting that exists is at the entrance to Hurwich Farms Apartments. A minimum of two street lights would be required abutting the proposed development site. The Department of Public Works does not anticipate any additional public improvements by annexing this Area.