Council Preview: Tax abatements on the agenda

🕐 1 min read

A. Lee Graham Reporter

A fruit-processing firm and sporting goods company would secure tax breaks under the latest tax abatement proposals awaiting Fort Worth City Council consideration. The proposals are up for vote at this week’s regular council meeting. Pre-council begins at 8:30 a.m. Tuesday May 21, with the regular meeting starting at 10:30 a.m. at City Hall, 1000 Throckmorton St. UNPJ Holding Co. Ltd., which owns OBIM Fresh-Cut Fruit Co. LLC, plans to expand the modernize its 180,000-square-foot warehouse and manufacturing center just east of the Fort Worth Convention Center at 715 E. Ninth St. The company has asked the city for a $25,000 loan that would be forgiven if it invests $250,000 in improving the property. Meanwhile, Nation’s Best Sports would save up to 50 percent of its city property taxes over 10 years under its proposed agreement as it considers moving its Haltom City headquarters into a 60,000-square-foot facility in Fossil Creek Business Park in Northeast Fort Worth. Both deals would require the company to create specific numbers of jobs, many of which required to be filled by Fort Worth residents.  

Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

Related Articles

Our Digital Sponsors

Latest Articles