US ROUTE 41 SOUTH ANNEXATION AREA 2014 Annexation of the US 41 - PowerPoint PPT Presentation

US ROUTE 41 SOUTH ANNEXATION AREA 2014 Annexation of the US 41 Corridor Town of Cedar Lake, Lake County, Indiana Introduction and First Reading of Ordinance November 18, 2014 1

OVERALL AREA LAYOUT 2

ANNEXATION AREA & ZONING 3

ANNEXATION AREA BUILD- OUT ESTIMATE 4

Current Town Area Annexation Area  Area = 2,797 acres, or 4.37 square  Area = 6,220 acres, or 9.72 square miles miles  2010 Population = 724  2010 Population = 11,560  Build-out Population = 14,290  Build-out Population = 6,426 (2.3/acre) (2.3/acre) DATA COMPARISONS 5

ANNEXATION TIMELINE November 18, 2014 – First reading of • Ordinance and Adoption of Fiscal Plan Publish and send Notice to property owners • February 3, 2015 – Public Hearing • March 17, 2015 – Second reading and • adoption of Ordinance April 17, 2015 – Publication of adopted • Ordinance July 15, 2015 – End of Remonstrance Period • 6

FISCAL PLAN OUTLINE 7