Allen County Drainage Board Agenda 2026-05-21
Assessment certification for Fields at Broad Acres maintenance
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Description
New Venture Development Corp/Jim Morlan seeks certification of assessment for periodic maintenance of the Fields at Broad Acres subdivision, setting 67 lots at $50 per unit for $3,350.00 in annual collections. The 8-year structure anticipates a high balance of $132,000.00, and ACSO recommends approval.
Contract Details
Contract Amount
$3,350.00 annually; total $16,500.00 over 8 years; 8-year high balance $132,000.00
Vendor
NEW VENTURE DEVELOPMENT CORP/JIM MORLAN
Agency
Southwest Allen County Fire Protection District, IN
Contract Type
OTHER
Document Date
May 21, 2026
Contract Term
8 years
Renewal Info
Assessment is structured for an 8-year high balance funding periodic maintenance of Broad Acres drains; future adjustments would require additional Board action.
Issuing Agency
Southwest Allen County Fire Protection District
Fire District
Yoder, IN
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