Fiscal Plan for Annexation Property in Clay Township Southwest of the Intersection of Douglas Road & Hickory Road Extended

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ATTACHMENT "B" CITY OF SOUTH BEND, INDIANA FISCAL PLAN FOR THE ANNEXATION OF PROPERTY LOCATED IN CLAY TOWNSHIP SOUTHWEST OF THE INTERSECTION OF DOUGLAS ROAD AND HICKORY ROAD EXTENDED INTRODUCTION The following Fiscal Plan, developed through the cooperative efforts of the City of South Bend's Controller's Office, Department of Public Works, Police Department, Fire Department, Department of Neighborhood Code Enforcement, and the Department of Public Parks represents the City's policy for the annexation of the property located southwest of the intersection of Douglas Road and Hickory Road Extended in Clay Township, St. Joseph County (hereinafter, "Annexation Area "). This annexation meets the statutory contiguity requirements. I. LOCATION The Annexation Area is located on the northeast side of the City of South Bend in part of the Northeast Quarter of Section 32, Township 38 North, Range 3 East, Clay Township. The Legal Description for the Annexation Area , marked as Exhibit 1, is attached hereto and made a part of this fiscal plan. A map showing the Annexation Area, marked as Exhibit 2, is attached hereto and made a part hereof. There are approximately 33.04 acres of land within the Annexation Area. II. EXISTING LAND USE The Annexation Area is currently vacant land. III. PROPOSED DEVELOPMENT No specific development plan has been proposed for the Area. The Annexation Area will most likely be developed for single family residential use. When development does occur within the Annexation Area, any surface drainage is to be handled in compliance with the City of South Bend's Subdivision Standards. The developer of a project within the Annexation Area will be responsible for all infrastructure improvements including streets, street lighting, water, sewers and stormwater drainage facilities.