Tomorrow evening, the Greenwood City Council will get its first opportunity to review recommendations for annexation of the Shadow Lake community and other areas outside of town.
Both the city’s Annexation Committee and Planning Commission support pursuing annexation via an election. If the City Council also agrees, the issue could end up in voters’ hands this November.
“That’s our target,” Planning Director Sonny Bell said Wednesday.
Earlier this month, the City Council approved spending up to $10,000 on annexation costs. Annexation committee chairman Robert McKinney told council members they need to pass an ordinance by late August if they wish to see the annexation on the Nov. 4 election ballot. He also recommended the council host a public hearing and several study sessions.
The City Council plans to hold a study session at 6 p.m. April 3 at City Hall to study the annexation issue.
“They approved changing the budget to fund the annexation,” Bell said, “but this will be the first time they’ll be able to ask (McKinney, Planning Commission chairman Steve Ratterree) and myself about in-depth details.”
Passage of the annexation measure would require a combined majority of votes from Greenwood residents and those who live in the targeted areas, according to city officials.
Greenwood initially took interest in Shadow Lake as part of a larger plan to explore annexation on all sides of the city.
Based on an estimated 120 Shadow Lake properties, Greenwood would receive an additional $24,292 in property taxes annually, according to the annexation committee. It is also estimated that Greenwood would pull in between $69,000 and $82,000 a year in additional state turnback taxes. After losing $18,000 a year in out-of-town fees now charged for water service at Shadow Lake, the city would net about $79,000 a year, according to the committee.
James Simpson, president of the Shadow Lake homeowners’ association, said last year that an anonymous poll taken of 187 Shadow Lake residents showed 80 percent are opposed to annexation.