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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Fort Worth Police association planning 25,000-square-foot offices

The POA, which recently demolished its one-story building at 904 Collier St. near downtown, is planning a five-story replacement.

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Senators question electricity pricing plan

AUSTIN, Texas (AP) — The Texas Senate's Natural Resources Committee has called the Public Utility Commission to talk about the pricing of electricity.

Committee Chairman Troy Fraser called commissioner to testify Monday amid reports it could change the wholesale electricity market.

Commissioners have long debated how to make sure Texas has enough electricity. Demand is growing, but generators say prices are too low to make investments in new equipment worthwhile.

Some experts suggest raising prices, while others want Texas to pay generators to keep standby capacity available when demand peaks, or equipment shuts down unexpectedly.

Fraser helped design the current market that only pays when electricity is bought. He's been critical of paying generators to keep reserves.

Some utilities also oppose a capacity market, saying it could cost consumers $4 billion a year.

 

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