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HomeMy Public PortalAbout06-1990-6 RESOLUTION NO. 1990 - 6 A RESOLUTION ESTABLISHING A FISCAL eN PLAN FOR ANNEXATION OF TERRITORY 10th Street WHEREAS, the Common Council of the City of Greencastle, Indiana, is considering the annexation of certain territory to the City of Greencastle, Indiana, and; WHEREAS, the area to be annexed is an 11.26 acre tract which is legally described as follows: Situate in the State of Indiana, County of Putnam and being a part of the Northeast quarter of the Southwest quarter of Section 23, Township 14 North, Range 4 West of the Second Principal Meridian, more particularly described to-wit: Beginning at a point on the existing corporation line of the city of Greencastle, Indiana, which point is the Northwest corner of the Northeast quarter of the Southwest quarter of Section 23, Township 14 North, Range 4 West; thence Easterly 519.95 feet with said corporation line and the North line of said Northeast quarter quarter; thence leaving said corporation line South 00 degrees 53 minutes West 943.20 feet; thence North 89 degrees 21 minutes West 521.93 feet to the West line of said Northeast quarter quarter and the aforesaid corporation line; thence Northerly 940.49 feet with the West line of said Northeast quarter quarter and said corporation line to the point of beginning, containing 11.26 acres, more or less. WHEREAS, approximately 50% of this area's perimeter is contiguous to the existing Greencastle boundary, and; WHEREAS, in order to comply with I.C. 36-4-3-13 (c) (3) (d) , the Common Council of the City of Greencastle, Indiana, is required to adopt a written fiscal plan prior to the passage of such annexation ordinance. NOW THEREFORE, be it resolved by the Common Council of the City of Greencastle, Indiana, that the written fiscal plan for the are proposed to be annexed is as follows: 1. Cost Estimates of Capital Services. a. Water -- $ 0.00 b. Sanitary Sewer Construction -- $ 0.00 c. Street and Road Construction -- $ 0.00 d. Fire Hydrants -- $ 0.00 e. Signage: $ 0.00 1.