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Since Houston annexed Kingwood 10 years ago, The Woodlands has been looking over its shoulder expecting a land grab.

But residents of The Woodlands who were against annexation could breathe a sigh of relief after an agreement was announced Thursday by Sen. Tommy Williams and Houston Mayor Bill White.

It’s a dream come true for residents of The Woodlands.  Houston has agreed not to annex them, but because of that residents there might face higher taxes.

As part of the deal The Woodlands agreed to contribute $45 million over the next 30 years to Houston projects. Sales taxes could rise in The Woodlands to collect that money.

The money will be divided among various projects, including $20 million for mobility. Another $15 million will benefit the upkeep and development of parks and recreational facilities.

The Texas Medical Center, which is used by many residents of The Woodlands, will see $10 million for infrastructure.

“I think the thing that the residents are going to take away from this is that we will not face a unilateral annexation, annexation against our will, that we have a method for self determination as we move forward,” said State Sen. Tommy Williams ® The Woodlands.

Moving forward happens very slowly, as a number of other steps will happen first.  Residents of The Woodlands will vote on aspects of the deal next November.

In 1999, the city of Houston and The Woodlands agreed to defer any annexation plans for 12 years.