KINGSPORT — The city of Kingsport is looking to annex more than 14 acres of commercial property along Shipley Ferry Road next month, thus marking the first city-initiated annexation since a statewide moratorium went into effect earlier this year.
The annexation has been dubbed “Airport Parkway South Area 1” annexation and includes 14.5 acres of property along Shipley Ferry — specifically its two businesses: Southeastern Freight and Outdoor Communication Inc.
The Kingsport Regional Planning Commission gave the annexation a favorable recommendation on Oct. 17, and the measure is scheduled to go before the Board of Mayor and Aldermen on Nov. 5. If approved by the BMA on two readings, the property would officially come into the city in late December.
“It has been the practice of the BMA to annex properties that have city infrastructure available to them. These properties fall into that category,” said city planner Corey Shepherd. “Given the recent annexation moratorium on residential and agricultural properties, we have had to narrow our focus to commercial property uses that meet that criteria.”
Kingsport’s one-time expenses for the annexation include $2,500 for sewer work (a lateral extension) and $3,700 for street lighting. Kingsport estimates yearly costs of $3,000 for streets and sanitation services and $550 in street lighting expenses. The cost to be annexed includes a one-time sewer tap fee of $1,950 with yearly property taxes of nearly $15,000. Because water and sewer rates are lower within the city, Kingsport estimates the annexed businesses will pay $960 less each year for water and sewer services.For an expanded version of this article, please see Sunday’s print edition or our expanded electronic edition.