North Annexation An Opportunity for Planned Growth.

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Presentation transcript:

North Annexation An Opportunity for Planned Growth

The Annexation Area

Annexation Area Statistics  1,173 Acres  222 Parcels  26.8% Contiguous with Current City  Current Population of 150  Zoned Residential and Industrial

Annexation Will Not:  Change Your School District—Those boundaries were fixed in the early 1960s.  Change Your Library District.

Annexation Petitioners  Purdue Research Foundation  Saddlebrook Development, LLC  Benjamin Crossing, LLC  Calvary Baptist Church  West Lafayette Parks & Recreation Foundation  Stephen and Connie Ratcliff  John Jarrell and Jane Mallett

Development in Area

Why Annex Now?  Strategic Planning Recommendation  Area Will Eventually Be in City  Council Needs Voice in Zoning  City Needs Input in Development  Do We Want To Be Ahead or Behind the Curve?

Fiscal Plan  Cost Estimates of Proposed Services  Method of Financing  Plan of Organization and Extension of Services  Non-Capital Services within 1 Year  Capital Services within 3 Years

Fiscal Plan Summary  Fire (Fire and Medical First Responder)  New Fire Station—TIF Financing  New Equipment—Existing Debt Service Levy  Three New Firefighters in 1 st Year  Three More Firefighters Phased In over 15 Years  Police  5 Officers Phased In over 15 Years

Fiscal Plan Summary  Street Lights  Wastewater  Lift Station (Cost Recovery Charges and Wastewater Local Improvements Budget)  Most Improvements by Developers  Stormwater Improvements by Developers  Streets—3 New Employees

Fiscal Plan Summary  Sanitation (Trash, Recycling, Yard Waste) from Fee Revenue  Other Departments

Annexation Levy Appeal  In 2009 for Pay 2010 Taxes  Pay Half of Annexation Non-Capital Cost: $490,254

Assessed Value Growth

Lower Tax Rates

Annexation Process

Annexation Advantages  Planned Growth  Increased Assessed Value  Lowered Tax Rates  Council Role in Zoning and Land Use  Needed Services for Urbanizing Area