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farm SUP to accommodate the needs of Project. We anticipate that this would take the form of a <br />Chapter 380 agreement and would be tied to trail development. <br />Should Council wish to undertake disannexation proceedings with respect to this property, the <br />following procedure will need to be followed: <br />J�une 24, 2024 Git�, Couneil Meeting The City Couneil will diseuss the petition and detenni <br />whether- or- T not to pr-eeee`7 Tari Gotmeil wishes to pre ee it s1,.-.,,l.a side ,,.7 act , �Nthe <br />i � <br />is in the diser-efieft of the Couneil. if Catmeil deteimiines to pr-eeeed, from here, the entire pr-eeess, <br />m-ustbe eomplete within 90 da�,s. if Cotmeil determines iiet to pr-oeeed, there will be no 4Hth <br />aefien on the petition. <br />If Council chooses to proceed: <br />Yune 25 ittly 6, 2024 The eit-y a#omey will send out nefiees te other- taxing entities, sen4ee <br />pi v=azcicrs9and railroads us-iicccusz-r-y, wrrr 11 1.....sL .,.. <br />done by 30 days befer-e the fifst of two p4lie <br />My 16 26, 2024 P41ish notiee ef first public heafing in the Par-is News (publicatien must <br />b et, eei the-2491'4-4 oth day out f•.,,,, the 1' pub,lie hearing). <br />T 1 23 A t 2, 02 Publish ,efiee of s ,public hearing i1 the Par-is News (Y „V; ,t;, <br />must be between ee the 70� <br />The two publiention periods ever-lap between jub, 23 july 26, 2024, so both h <br />be published togetheF on J 7 7c „ate .. r.. <br />bliention fee. <br />August5, 2024Ci-ty Gouneil Speeit`il Meeting 1' publie hearing (public l,o.,,-ings must be <br />held b et, e ffir tb,o 919114 "nth A t f.,-.,�, fie the or-di,anee_to .a;s,,,,nex) <br />�' riniczivirruccivrr vrrcrla ..,........ ... ....... .� <br />August 12, 2024—City Council Meeting--),,d public hearing <br />September 9, 2024—City Council Meeting—Act on ordinance to disannex (day 77 from <br />institution of disannexation proceedings) <br />BUDGET: The requested disannexation would deprive the City of the property tax revenue for <br />the disannexed property; however, the developer is interested in entering into an agreement to <br />mitigate the loss as described above. <br />OPTIONS- 1. Diseuss and aet on a resolution stating the intent of eity Gouneil to institute <br />T r A D Pare '71 1 1 1 '71 1 1 Z 22 an 70423 <br />�Y.�e�cCt�exr-�rvee�ii�g$-on--�c�-r�-��sr�elB–, , ; ,'ZA4Z , , <br />loeate G t, Read 22500 ,-,.7 a ,-:;,-, ..im tel„ 291 µeros µn.7 <br />provide dir-eetien te staff as to next steps. Authorizing disannexationpreee& <br />does not obligate Couneff to ultimately disannex the par-eels. <br />T! ADD 71 1 1 7 71 1 1 Z 7 22 an 7047'2 1.,ea4e�l o <br />6�-�}Sc`lihie�'cE�ti63�i5-t�zc--z-r�rcarcel`' , �-04__, ____ ....--,-------- _-- <br />