The City has received a petition from Betz I-45/Rankin Road, Ltd. requesting that the city annex for general purposes property that is located near the northeast corner of Interstate Highway 45 and Rankin Road. The area to be annexed consists of approximately 0.54 acre of land, part of a 20 acres tract owned entirely by the petitioners.
The area being considered for annexation will include part of one lot that is undeveloped and will be used for commercial development. The site itself will be developed to include a gas station along with a convenience store. At present, the taxable value of the part of the lot to be annexed is approximately $53,000. There are no residents in the area to be annexed.
This matter will be heard by the Economic Development Committee on July 14, 2016.
The Planning and Development Department recommends hearing dates of August 24 and August 31, 2016 in City Council chambers. Pending the outcome of the hearing, the Department will create a service plan for the area to be annexed. The annexation process is expected to be completed in October 2016.
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Patrick Walsh, P.E.
Director
Planning and Development Department