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