Fiscal Plan for Annexation of Property Located in Penn Township near the Intersection of Jackson & Grass Roads

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MY &YV lffl!�f.1zW 0)1 ;;WWIRl • i ��• • • i ••••�•a • �� •� i • � is 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 near the southeast corner of the intersection of Jackson and Grass Roads (hereinafter, "Annexation Area "). This annexation meets the statutory contiguity requirements. I. LOCATION Parcel I of the Annexation Area is located in North One -third of the West half of the Northwest Quarter of Section 33, Township 37, North, Range 3 East, Penn Township, St. Joseph County, Indiana near the intersection of Jackson and Grass Roads. Parcel II of the Annexation Area is located in the Southeast Quarter of Section 32, Township 37 North, Range 3 East, Indiana near the intersection of Johnson of both parcels are attached as Exhibit 1. attached as Exhibit 2. There are 26.81 a cre s 81.01 acres of land in Parcel II. II. EXISTING LAND USE Penn Township, St. Joseph County, Legal and Hickory Roads. Legal Descriptions A map of the Annexation Area is of land within the Parcel I and The Annexation Area is currently vacant land. Relative Real Estate Management Inc. proposes to develop the site for single - family residences. Parcel I will have no more than 134 lots and Parcel II will have no more than 405 lots. All surface drainage is to be handled through the use of retention basins located throughout the proposed subdivision in compliance with the City of South Bend Subdivision Standards. Relative Real Estate Management Inc. will provide all streets, street lighting, water facilities, sewers, and stormwater drainage facilities throughout the Annexation Area.