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May 13, 2024—City Council Meeting—Act on ordinance to disannex (day 77 from institution of <br />disannexation proceedings) <br />Because of the way the calendar falls with the month of April having 5 Mondays, the City Council <br />can accomplish both hearings and act on the ordinance without the necessity of calling a special <br />meeting. <br />BUDGET: The requested disannexation would deprive the City of the property tax revenue for <br />the disannexed property. The petitioners plan on improving the property with a home and possibly <br />other structures which will raise the taxable value of the property. <br />OPTIONS: 1. Discuss and act on a resolution stating the intent of city council to institute <br />disannexation procedings on a 31.774 acre tract of land located at 660 and 680 CR <br />32900. <br />2. Discuss and act on a resolution making findings of fact and denying the petition <br />of Brandon and Kara Bond to disannex a 31.774 acre tract located within the city <br />limits of the City of Paris and located at 660 and 680 R 32900. <br />RECOMMENDATION: Staff recommends that Council choose and act on the resolution <br />described in Option No. 2. <br />