On the other side of the Martin Luther King, Jr. holiday, the Pensacola City Council will be considering annexing and acquiring a number of properties. The voluntary annexations are city-county boarder properties, whose owners are looking to step into the city. The acquisitions involve parcels relevant to the airport master plan.
There are ten properties being considered for voluntary annexation. Mayor Ashton Hayward has been encouraging voluntary annexation, which addresses erratic boundaries and also adds to the city’s ad valorem base.
The ten properties being considered for annexation total 9.4 acres. If annexed, the city would increase its revenue by $2,046.40—$1,382.68 in property taxes and $663.72 in stormwater fees. In July of last year, the city annexed 31 parcels.
The property acquisitions pertain to the Airport Commerce Park. The city is considering purchasing two residential parcels and one commercial parcel. The parcels currently float in a sea of previously-acquired properties.
The estimated price tags on the residential properties are $113,860.43 and $214,334.93, respectively. The commercial parcel is estimated at $241,650.68.
The total estimated cost of the three properties comes in at $569,846.04. A land acquisition grant form the Florida Department of Transportation covers a bulk of the cost, with the remaining $142,461.51 coming out of the airport capital improvement account.
The 2000 Airport Master Plan identified 65 acres of property adjacent to the northwest quadrant of the airport for future acquisition and development. From August 2006 to January 2013, the city has approved the purchase of 54 residential and 22 commercial parcels.
The Pensacola City Council’s Committee of the Whole is scheduled for Jan. 22, 3:15 p.m., at Pensacola City Hall.