After the third and final public hearing held Oct. 25 regarding to the
city's proposed annexation of approximately 5.9 square miles of land in the northwest sector of the city’s extraterritorial jurisdiction—or land outside the city limits it is legally allowed to incorporate, McKinney City Council asked city staff to offer all landowners in the proposed areas a 45-year deferment agreement.
Two versions of the agreement will be sent to landowners in a matter of days, City Manager Paul Grimes said. The city is hoping to have these agreements signed and returned by Nov. 8, he said.
One version of the agreement offers landowners a 45-year deferment contingent on
City Council's vote on the proposed annexation Nov. 15. Should landowners choose to sign this agreement and council votes to move forward with the annexation, the land will not be incorporated into the city limits for 45 years. If council votes not to move forward with the annexation, the agreement will be null and void.
Another version of the agreement offers landowners a 45-year deferment but is not contingent on council's vote. If landowners sign this agreement, the city can not annex the land for 45 years regardless of how council votes on Nov. 15.
If landowners previously signed an agreement and choose to sign a new 45-year agreement, the old agreements will be thrown out, according to city staff.