If the Town is the sole owner of any territory whether or not contiguous that it desires to annex, the governing body, by ordinance, may annex the territory to the Town without notice or public hearing as provided in section 12-1-5 of this chapter and without preparing the annexation report or providing the estimates required by sections 12-1-2C and E and 12-1-4A2c and d of this chapter. All ordinances annexing territory without notice and public hearing shall contain a statement that the territory is solely owned by the petitioning Town.
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