Fiscal Plan for Annexation of Property Located in Centre Township Southwest of the Intersection of Jackson & Miami Roads

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ATTACHMENT "B" CITY OF SOUTH BEND, INDIANA FISCAL PLAN FOR THE ANNEXATION OF PROPERTY LOCATED IN CENTRE TOWNSHIP SOUTHWEST OF THE INTERSECTION OF JACKSON AND MIAMI ROADS 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 Jackson and Miami Roads in Centre Township, St. Joseph County (hereinafter, "Annexation Area "). This annexation meets the statutory contiguity requirements. L. LOCATION The Annexation Area, commonly known as Phase II of Hermitage Estates, is located on the south side of the City of South Bend in part of the Northeast Quarter of Section 36, Township 37 North, Range 2 East, Centre 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 33.96 acres of land within the Annexation Area. II. EXISTING LAND USE The Annexation Area is currently vacant land. III. PROPOSED DEVELOPMENT The developer of this project proposes to construct both single - family and duplex units on the site. There will be no more than four (4) units per acre. All surface drainage is to handled in compliance with the City of South Bend's Subdivision Standards. The developer of the project is responsible for all infrastructure improvements including streets, street lighting, water, sewers and stormwater drainage facilities.