For the second time in three days, no members of the public showed for a legally required hearing on the annexation of 427 acres southwest of the city as part of developer Tom Johnson’s Gateway Village community. The first hearing was held Monday during the City Council’s regular meeting. With the public comment portion of the process now complete, the annexation is on track to become final early next year.
“We have it set up for the first meeting in January to actually complete the annexation — that’s Jan. 6,” said City Manager Robert Hanna. “And then, once that comes and goes, that’s it. It’s legally annexed into the city.”
Johnson has previously said he plans to begin high-end housing construction later this month on 34 acres at the intersection of Loy Lake Road and Seymore Bradley Road, but Hanna said Johnson has yet to submit plats to the city or pull building permits. Once the annexation is complete, Denison will use a Tax Investment and Reimbursement Zone to reimburse Johnson for infrastructure improvements on the property, such as roads and water lines.
I know (Johnson’s) interested in moving quickly to see things get built, because he’s trying to create taxable value to get reimbursed; that’s the whole point of the TIRZ,” said Hanna. “And that should also be approved and consummated on the sixth of January.”
So after a Council meeting that lasted only 67 seconds Wednesday night, Johnson and the city will bide the legally required amount of time before the annexation can become final, with an eye toward expanding the city of Denison once again in four weeks.