79.1 F
Fort Worth
Saturday, September 19, 2020
- Advertisements -
Government Wal-Mart, Carolina Beverage tax breaks up for Fort Worth City Council vote

Wal-Mart, Carolina Beverage tax breaks up for Fort Worth City Council vote

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...
Robert Francis
Robert Francis
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.

A. Lee Graham lgraham@bizpress.net

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.  

- Advertisements -
- Advertisements -

Latest News

Supreme Court justices remember Ginsburg

'I loved her to pieces,' retired Justice Souter says of RBGWASHINGTON (AP) — The remaining eight Supreme Court justices, and two former...

No vote on RBG successor until after election, Collins says

By DAVID SHARP Associated PressRepublican Sen. Susan Collins said Saturday there should be no vote on a successor to the late Supreme...

Ginsburg death could have impact on several cases, including Affordable Care laws

By Abby Livingston and Juan Pablo Garnham, The Texas Tribune Sept. 18, 2020 "Ruth...

Supreme Court Justice Ruth Bader Ginsburg dies at 87

By MARK SHERMAN Associated Press WASHINGTON (AP) — Supreme Court Justice Ruth Bader Ginsburg, a diminutive yet towering women’s...