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North Annexation

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:.

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North Annexation

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  1. North Annexation An Opportunity for Planned Growth

  2. The Annexation Area

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

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

  5. 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

  6. Development in Area

  7. 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?

  8. 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

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

  10. 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

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

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

  13. Assessed Value Growth

  14. Lower Tax Rates

  15. Annexation Process

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

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