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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Sparks fly as Senate panel debates school vouchers

State Sen. Wendy Davis, D-Fort Worth 

WILL WEISSERT,Associated Press

AUSTIN, Texas (AP) — State senators are trading barbs as the chamber's Education Committee debates a high-profile school voucher bill.

Dan Patrick chairs the committee. His Senate Bill 23 offers tax credits to businesses that establish scholarships to help low-income students leave poor-performing public schools for private or religious ones.

It would let firms write-off all of their business margin taxes, but caps the total value of scholarships at $100 million.

Patrick said Tuesday that could help 10,000 students change schools.

But the Houston Republican spared frequently with Sen. Wendy Davis, a Fort Worth Democrat who said Texas shouldn't divert funds from cash-strapped public schools.

The bill has yet to reach the House. But lawmakers there have already voted overwhelmingly to keep public funding in public schools — potentially threatening any major charter plan.


 

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