Fiscal Plan for Annexation of Property Located Near Intersection of Hepler & Hickory Roads

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ATTACHMENT V ,yM • IY. c�u• hD 1UA FISCAL PIAN FOR THE • ia�• a�• • •emu• ••••. 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 near the intersection of Hepler and Hickory Roads (hereinafter, "Annexation Area "). This annexation meets the statutory contiguity requirements. I. IACATION The Annexation Area is located in the Southeast Quarter of the Northeast Quarter of Section 32, Township 38 North, Range 3 Fast, Clay Township, St. Joseph County, Indiana near the intersection of Hepler and Hickory Roads. A Legal Description of the Annexation Area is attached as Exhibit 1. A map of the Annexation Area is attached as Exhibit 2. There are 23.56 acres of land within the Annexation Area. II. EXISTING LAND USE The Annexation Area is currently vacant land. III. PROPOSED DEVELOPMENT Miller Builders, Inc. proposes to develop the Annexation Area into 82 lots for single - family homes. There will be 3,250 linear feet of dedicated roadway. The extension of Municipal facilities located approximately 600 feet west of the Annexation area will service this subdivision. All surface drainage is to be handled through the use of retention basins located throughout the proposed subdivision in =npliance with the City of South Bend Subdivision Standards. Miller Builders, Inc. will provide all streets, street lighting, water facilities, sewers, and stormwater drainage facilities throughout the Annexation Area.