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Rick Perry, 2 other GOP governors blast Medicare Advantage rates

TALLAHASSEE, Fla. (AP) — Three Southern Republican governors are writing President Barack Obama to complain about newly announced Medicare Advantage payments.

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Shale gas boom leaves wind power developers seeking more subsidy

NEW YORK — Wind power in the United States is on a respirator.

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New retailer, restaurant coming to Sundance Square

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I-30 entrance ramps near downtown to close permanently on Friday

Major traffic changes await Fort Worth motorists when the westbound Forest Park Boulevard exit from Interstate 30 and the Summit-Eighth avenues I-30 entrance ramp close permanently.

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Cassco breaks ground on apartments at Clearfork

Cassco Development has broken ground on 392 apartments, the first multifamily phase in the 270-acre project fronting the Trinity River in west Fort Worth, the firm said said Tuesday.

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McLean Ranch in Amarillo fetches $16.8 million in auction
 
A. Lee Graham
Reporter
 
The 16,000-acre McLean Ranch in Amarillo sold for $16.8 million in a Thursday auction lasting longer than four hours.
 
Presented by Assiter Auctioneers, the event drew 109 bidders to the ranch owned by Amarillo developer George Chapman.
 
"The auction was everything we could have asked for. Mr. Chapman is happy, the lenders are happy, and 19 buyers who now own parts of the ranch are happy," said Spanky Assiter, chairman and founder of the Amarillo-based auction company, commenting in a news release.
 
Assiter’s company marketed the property and conducted the auction.
Assiter took bids on the property’s 43 individual tracts before accepting bids on combinations of tracts.
 
Assiter said the auction answered numerous questions about the land and its future.
 
"When we opened up for bidding, nobody knew what the land would bring, whether it would all go to one big bidder or sell to a larger number of smaller bidders. But ultimately, it turned out that a number of different folks wanted parts of this land for grazing, recreation and probably other uses. That's how an auction works," said Assiter.
 
The ranch is known for its game and fishing. It spans more than five miles of creeks and six lakes.
 
lgraham@bizpress.net
 

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