The City of Camdenton is expected to repeal an agreement on land annexation after the company involved fell into bankruptcy. The city entered an agreement with Morgan Bullock to annex property at the intersection of Business 5 and State Highway 5 and 7. It was part of a plan to relocate a Winsupply building onto that property. The company has since run into financial difficulty, leaving the building incomplete. When the Board of Aldermen meets Tuesday night, they’re expected to repeal the ordinance for annexation. Cutting ties to the previous agreement will allow the city to work with new owners to try to complete the project. The board meets Tuesday at 6pm in city hall.