A. Lee Graham email@example.com
Tax breaks proposed for Wal-Mart Stores Inc. and Carolina Beverage Group LLC are set for consideration at the April 23 Fort Worth City Council meeting. Pre-council begins at 8:30 a.m., with the regular meeting starting at 10 a.m. at City Hall, 1000 Throckmorton St. The Wal-Mart deal would see the city gain 400 full-time equivalent jobs through 2017, with the city offering to abate 75 percent, or about $2 million, of city property taxes on the incremental value of Wal-Mart’s proposed e-commerce fulfillment center at 5300 Westport Parkway in far North Fort Worth. Meanwhile, Fort Worth would see at least 225 new full-time equivalent jobs created by Dec. 31, 2018 if it approves an abatement deal with Carolina Beverage. The city is offering to abate up to 70 percent, or about $2.4 million, of city property taxes on the incremental value of the company’s proposed location at 13300 Park Vista Blvd., just west of the proposed Wal-Mart site.