The village of Galena has started a process to annex a large piece of Berkshire Township land that will become a new M/I Homes development.
Last month, Galena Village Council approved an ordinance that pledges to provide services to the 60-acre plot at the northwest corner of Dustin Road and state Route 3, just west of the village.
The ordinance serves as a precursor to the annexation, which Village Administrator Jeanna Burrell said should be official after about six months of a “long, drawn-out process.”
Once the property is annexed, it will be rezoned from agricultural use to a planned residential district; as a Type 2 annexation, Berkshire will continue to collect property taxes from the 60 acres.
For Burrell, the deal represents a win-win situation for both Berkshire and Galena.
“It changes from a low tax rate for agricultural zoning to kind of high-end condos, so the value of the property increases dramatically and Berkshire continues to collect those taxes at a much higher rate,” Burrell said. “So financially, it’s a good deal for them.”
The greatest benefit of the annexation to the village will be more options for senior citizens.
M/I Homes plans to build 120 retirement condominiums, which will serve as much-needed housing for Galena-area seniors, Burrell said.
“We have talked to all of the developers about the demand for senior housing,” she said. “We have a lot of people who have lived here their whole lives and had to move because they’re in a two-story house and needed a ranch house. There just aren’t a lot of ranches around.”
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