Fiscal Plan for Hickey Annexation Area in Centre Township

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E. Population and Densit The Annexation Area is part of Census Track 32, Block 224B. Based on published Census data, no housing units or population was recorded for Block 224B. Centre Township property records confirm that there are no improvements on the property by reflecting an improvement evaluation figure of $0.00. Based on the above data, a site inspection and aerial photographs, there are no people residing within the Annexation Area. Population density is therefore zero. F. Buildings and Land Use There are no dwelling units within the Annexation Area. The property within the Annexation Area is wooded and undeveloped. G. Zoning The site is zoned "R" Residential in unincorporated St. Joseph County. Upon annexation, it will be zoned "A" Residential per the requirements of Chapter 21 of the Municipal Code of the City of South Bend. Upon the effective date of the annexation, it is anticipated that the property will remain "A" Residential until such time that present or future owners exercise their right to petition the City for rezoning through the City's standard procedures. H. Tax Rate Since the City of South Bend will be providing fire service upon incorporation of the Annexation Area, the Township Rate will decrease by $.6967 per $100.00 of assessed valuation with the deletion of the Fire Fighting Fund, and the Cumulative Fire Fund. The tax rate for the Annexation Area will increase by $5.5989 per $100.00 of assessed valuation 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 $4.9022 per $100.00 of assessed valuation. The tax rates used are those of 1991 payable in 1992. Table 3 in the Appendix shows the representative tax rate information as published by the St. Joseph County Auditor. 4