The Columbus City Council approved final adoption of an ordinance adopting new city limits, Tuesday night.
Adoption of the ordinance is the first step toward annexation.
The next step, explained City Attorney Jeff Turnage, will be to file a petition in Chancery Court to proceed with the annexation process.
The largest area proposed for annexation is along Lehmberg Road from Hobbes Sheffield Road south to Yorkville Road East.
The plan would also bring the Riverwalk into the city limits, as well as the recently built Columbus Middle School at the corner of highways 45 and 373 and part of Woodland Heights Drive, which is east off of Highway 45 North.
The annexation would add about 1,462 residents, 638 homes and 44 businesses — in tax terms, that”s 615 parcels with a total value of $64.4 million.
For the city, that will translate into about $277,859 in annual net revenue after $187,742 in upkeep, said David Armstrong, the city”s chief operations officer.
For land, home and business owners affected by the expanding city limits, annexation isn”t such good news.
County Tax Assessor Greg Andrews previously said that if a $2 million business was brought into the city, its property taxes would go from $25,836 to $37,125 — that”s a $11,289 increase.
On the residential side, taxes on a $100,000 house would go up $372.50, from $565 to $937.50. And owners of a $200,000 house are looking at a $753 increase, from $1,422 to $2,175.
School districts will remain the same, so no new taxes would be added for those.
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