Bill > SB0525

This bill allows the Town of Plainfield in Hendricks County to annex a noncontiguous residential development under specific conditions. Specifically, the bill creates a new provision for towns with a population over 30,000 in certain counties to annex residential developments. The annexation can be initiated by the homeowners association board petitioning the town's legislative body, which must then adopt a resolution approving the process. The residential development must meet several requirements, including having at least 500 single-family lots, being located within 4.5 miles of the town's boundaries, including a commercial area, and having an existing sewer line extending to the town's corporate limits. The development must also have a total construction cost of at least $500 million. The bill places restrictions on future annexations, preventing the town from using the newly annexed territory to annex additional areas within a half-mile radius without landowner consent. Additionally, the bill requires that any housing tax increment financing district in Liberty Township must be approved by the Mill Creek School Corporation. These provisions are designed to carefully control and limit the town's expansion while providing a specific path for annexation of large residential developments.