MAGNOLIA SPRINGS — The town of Magnolia Springs has yet to learn the fate of a portion of Palm Street.

During its regular meeting Tuesday, the Magnolia Springs Town Council decided to hold off on considering a request to vacate the portion, which is 200 by 40 feet long.

As previously reported, a petition asking the town to vacate the land was submitted to the Council last fall by residents surrounding it, which include James and Ann West, and Tim and Sandra Russell. A public hearing was held prior to the Council’s March workshop two weeks ago, with residents arguing both for and against the action.

The same was true for Tuesday’s public hearing.

“I’m an adjoining property owner,” Todd Puckett told the Council. “We do not have a problem with the vacation.”

But fellow Magnolia Spring resident and former council member Joe Sanky reiterated the opposition he stated two weeks ago.

“I remain opposed,” he said at the public hearing. “It remains clear that Mr. West and Mr. Russell do intend to apply for vaction. This would set a precedent of some sort.”

Following public comment, Magnolia Springs Mayor Ken Underwood said that upon researching the request, the Council would request financial reimbursement for the land it vacated if the action is approved.

“That would be discussed at a future time,” he said.

Further discussing the issue Tuesday, the Council explained that such a reimbursement would be a fee charged that would equal the fair-market value of the land, which would be determined by the value of the properties surrounding it.

The Council also explained that such a fee would not enable the property to be put up for sale to the public.

Following the hearing, the Council decided to put the request on hold indefinitely, per request of the applicants’ legal counsel and to further research the matter.