Fiscal Plan for annexation of Property Located in German Township North of Cleveland Rd.

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ATTACHMENT "B" CITY OF SOUTH BEND, INDIANA FISCAL PLAN FOR THE ANNEXATION OF THE PROPERTY LOCATED IN GERMAN TOWNSHIP NORTH OF CLEVELAND ROAD 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 Works, represents the City's policy for the annexation of the property located north of Cleveland Road in German Township, St. Joseph County (hereinafter, "Annexation Area "). This annexation meets the statutory contiguity requirements. I. LOCATION The Annexation Area, commonly known as the Toll Road Industrial Park, is located in part of Section 21 and 22, Township 38 North, Range 2 East, German Township, St. Joseph County, Indiana. The Legal Description and map of the Annexation Area, marked as Exhibit "A", are attached hereto and made a part hereof. There are approximately 170.005 acres more or less of land within the Annexation Area. The Annexation Area is within the Airport 2010 Project area. II. EXISTING LAND USE Approximately 28 percent of the Annexation Area is currently in industrial use. The remaining portion is vacant land. III. PROPOSED DEVELOPMENT The Airport 2010 plan designates this proposed annexation area for light industrial and warehouse /distribution uses. The proposed development will be similar to the existing light industrial and warehouse /distribution uses in the project area. All surface drainage is to be handled in compliance with the City Of South Bend's Subdivision Standards. The individual developers and businesses will be responsible infrastructure improvements that are directly related to individual site development. Streets, street lighting, water facilities, sewers, and storm water drainage