Council Now Told Memphis Won’t Lose Money On Cordova Annexation
(Memphis) This morning, members of a Memphis City Council committee were told it will cost the city $100,000 more to provide services to the newly annexed area of Cordova than what taxes will bring in.
That prompted Council member Jim Strickland to question city staffers about the possibility of de-annexing the area.
But later in Executive Session, City Council Attorney Allan Wade said the City will not lose money on the annexation.
City Councilman Kemp Conrad said via Twitter, “This issue snuck up on all of us and we need to be better prepared in the future.”
He also said the matter is still worth studying.
The annexation area is bordered by Germantown Road, Houston Levee, Walnut Grove and Germantown Parkway.
The area was annexed in 2001 but lawsuits held off action until this month.