Our local city council has decided to instigate developmental controls in their ETJ (extra territorial jurisdiction). Some of the se controls are probably a good idea, but one that sends shivers of fear down my spine is the possibility of a minimum lot size in the ETJ of not less than 20 acres!
For our area, the county is rather small and this would be quite destructive to our local economy by causing developers to go elsewhere, or encourage leapfrog development over the ETJ....
The idea is to limit the amount of development occurring however, I believe that since the city's ETJ effectively covers all of the remaining land outside the city limits in our local school district, that the results could be disastrous... That development would not be limited but rather entirely halted. Properties that are currently worth between $10,000 and $20,000 per acre would be reduced in value immediately because the property can no longer be subdivided. There is a strong demand for residential properties with one or two acres in our area, not to mention the commercial impact.
Has anyone had any experience with this issue?
So far, we have had meetings with city council and attended the council public meetings, en masse, but the best result we could obtain was to get the issue sent back to committee for further review, it has not gone away, but rather is waiting to come back up again. I'm not real sure what to do....