PZANN2025-00003 - Annexation - Ashley Capital
Several parcels, including 2314-801-0006-000-1
North of Pruitt Research Road and West of Kings Highway

A proposed annexation agreement with the City - A proposed development reviewed and approved in the County to be annexed into the City.

Ashley Capital intends to obtain County approval of a master site plan for an industrial and commercial development on the 89-acre property it is purchasing from the County, and on an adjacent 60-acres, which it already owns. Ashley Capital hopes to avoid delays in the development of the project, which could result if parts of the project are annexed into the City before construction is completed. In that scenario, Ashley Capital would have to obtain building permits from the City for the parts of the project that are annexed, and building permits from the County for the parts that are not annexed. The County and the City have different code requirements, so aspects of the County-approved master plan may not comply with City code. Therefore, Ashley Capital could be required to apply to the City for amendments to the annexed portions of the master plan in order to pull City building permits. To avoid this scenario, and to avoid the resulting delay and expense, Ashley Capital is requesting to enter into an Annexation Agreement with the City, setting forth the mutual understanding that, as construction of each phase of the project is completed, and certificates of occupancy are issued for each phase, the completed phases will be annexed into the City.

Several Parcels, including 2314-801-0006-000-1 - north of Pruitt Research Road and West of Kings Highway

Kev Freeman, Planning Director.
Linda Cox, City Clerk.

Review and provide comments for discussion.